Tech scare trade hits Nasdaq futures while crypto reels from its biggest-ever hack

Impact · against what's priced in

The market is aggressively repricing Intel and Reddit as fundamental growth narratives collapse, while Amazon's misses reinforce a cautious valuation. In contrast, energy gains are modest as they largely align with expected sector strength.

INTC−0.90

Challenges what's priced in

The price assumes

A deeper collapse in server CPU market share... would cost the stock another 16-25%