Crypto stocks and INTC, RDDT named among Friday's biggest movers.
Context
What happened: Stock index futures fell sharply, led by Nasdaq futures, as weaker-than-expected results and forecasts from Amazon and Intel pressured technology stocks.
Why it matters: Intel's results and guidance missed Wall Street estimates by a considerable margin, while Reddit's slowing daily active user growth and soft fourth-quarter revenue forecast drove its plunge. Crypto stocks declined as Binance suffered the industry's biggest-ever hack.
Market: -0.8% today ($71.52), +273.7% YTD, 1.2x vol — as of 22:46 UTC