Nasdaq futures fall 2% on disappointing Amazon and Intel earnings
INTC Intel Corp
$56.28 +7.71%
View chart & analysis → - 1Amazon shares fell 7% and Intel shares fell 25% during Friday premarket trading.
- 2Amazon missed third-quarter revenue and net income estimates and maintained its $220 billion capital expenditure outlook for the year.
- 3Alphabet shares fell 13% on Thursday while Microsoft maintained positive cash flow for the September quarter.
So what's the key point?
Amazon shares fell 7% and Intel shares fell 25% during Friday premarket trading.
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