Amazon -7.3% and Intel -26% premarket as the AI reckoning widens. $AMZN's capex shock plus slowest e-commerce growth in three years, $INTC's guide "much weaker than expected." Nasdaq 100 is tracking i

What happened: US futures slid as the AI selloff hit more megacaps. Amazon fell on a capex shock and slowest e-commerce growth in three years, and Intel dropped 26% after a weaker than expected guide. Why it matters: The content frames the moves as a rotation rather than an exit, with defensives and non-AI names bid while AI infrastructure stocks tumble. Oil is described as the day's driver, and the tech rout is spurring haven demand in Treasuries.

US futures slid as the AI selloff hit more megacaps. Amazon fell on a capex shock and slowest e-commerce growth in three years, and Intel dropped 26% after a weaker than expected guide.

The content frames the moves as a rotation rather than an exit, with defensives and non-AI names bid while AI infrastructure stocks tumble. Oil is described as the day's driver, and the tech rout is spurring haven demand in Treasuries.