SignalTech/AI

AI selloff hammers tech stocks as Intel and Amazon drag down the Nasdaq

AI selloff drags Nasdaq down via Intel and Amazon losses.

Context

What happened: Intel stock fell more than 27% in premarket trading and Amazon stock was slumping after earnings, dragging down the Nasdaq amid an AI selloff. Key numbers: Intel down more than 27% in premarket trading. Why it matters: The moves in Intel and Amazon weighed on the Nasdaq as the AI selloff hammered tech stocks. Coverage: 3 outlets in 24h

What changed

Intel stock fell more than 27% in premarket trading and Amazon stock was slumping after earnings, dragging down the Nasdaq amid an AI selloff.

Why it matters

The moves in Intel and Amazon weighed on the Nasdaq as the AI selloff hammered tech stocks.

Sources