Nasdaq 100 futures lose key support as Intel, Amazon, Google shares plunge

Impact · against what's priced in

The AI mega-cap trade is facing a fundamental re-rating as accelerating capex converts into negative free cash flow, specifically for Amazon. While Intel and Google are seeing their core business baselines deteriorate, Amazon's shift to negative FCF directly undermines the market's primary bullish requirement for margin expansion.

AMZN−0.80: Challenges what's priced in
The price assumes

Nasdaq 100 futures lose key support as Intel, Amazon, Google shares plunge

What matters in this story

Intel Surpasses Q3 Earnings Estimates on Robust Data Center Demand

Nasdaq 100 futures lose key support as Intel, Amazon, Google shares plunge

What matters in this story

Intel Surpasses Q3 Earnings Estimates on Robust Data Center Demand

How each ticker is affected

Connected tickers

Track these names every morning.

Alphabet is Even Further Misunderstood Following Earnings and I'm Loading Up

Reddit Plunges 25% as Search Traffic Slump and Soft Outlook Overshadow Earnings Beat; Snap Falls 5%, Pinterest Drops 4%, Meta Dips

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SK hynix: The Cheapest Way To Own The Memory Industry

Nasdaq 100 futures lose key support as Intel, Amazon, Google shares plunge

What matters in this story

Next reads from the same story arc

Intel Surpasses Q3 Earnings Estimates on Robust Data Center Demand

Nasdaq 100 futures lose key support as Intel, Amazon, Google shares plunge

What matters in this story

Next reads from the same story arc

Intel Surpasses Q3 Earnings Estimates on Robust Data Center Demand

How each ticker is affected

Connected tickers

Track these names every morning.

Alphabet is Even Further Misunderstood Following Earnings and I'm Loading Up

Reddit Plunges 25% as Search Traffic Slump and Soft Outlook Overshadow Earnings Beat; Snap Falls 5%, Pinterest Drops 4%, Meta Dips

Oracle Is Down 53% in a Year and Trades at 15 Times Earnings. Wall Street Still Sees $230+

SK hynix: The Cheapest Way To Own The Memory Industry