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Tech stocks crushed as Nasdaq futures tumble nearly 800 points

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Image from CBS News

Summary

Disappointing earnings reports from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.

Description from CBS News.

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  1. CBS News Leans left Factuality: High US
    Tech stocks crushed as Nasdaq futures tumble nearly 800 points

    Disappointing earnings reports from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.

  2. Zero Hedge Right Factuality: Low US
    Futures Slide As AI Reckoning Claims Amazon, Intel; Oil Jumps On Hormuz Tanker Hits

    Futures Slide As AI Reckoning Claims Amazon, Intel; Oil Jumps On Hormuz Tanker Hits US futures slide with Nasdaq futures tumbling more than 2%, as the AI reckoning that started with Alphabet's record plunge claims two more megacaps: Amazon slides after a capex shock and the...

    Low reliability sourceElevated risk