Disappointing third-quarter results from Amazon and Intel and worries about massive AI capital spending drove a broad rotation out of technology stocks.

Continued selling left the Nasdaq on a third straight weekly decline and its worst month in over a year, with defensive sectors outperforming.

The largest crypto theft in history prompted exchanges to tighten security and raised custody and wallet-safety questions.

The collapse followed weak results and underscored investor anxiety over whether heavy AI and chip spending will pay off.

The reported reduction reflects a more cautious financing environment as investors sour on unprofitable AI spending.

Intel's weak PC-market outlook and rising memory costs wiped nearly 30% off its shares and roughly $140 billion in market value, dragging semiconductor peers an

Amazon and Intel results rekindled concerns about the scale of AI capital spending, sending major indexes sharply lower.

The plunge in Intel shares cut the value of the government's stake by about $12 billion, spotlighting the risk of Washington's direct equity holding.

Rising AI infrastructure commitments and underwhelming Big Tech earnings reignited doubts about returns on the spending.

Huang said Nvidia's dealings with cloud partner Megaspeed were normal and all GPUs were accounted for, after reports alleged a suspected Chinese intelligence as

Intel's downbeat PC outlook and component constraints weighed on AMD ahead of its own revenue test.

ServiceNow's subscription revenue backlog guidance came in below expectations, reviving investor fears that AI agents will disrupt seat-based enterprise softwar

Alphabet posted its first revenue miss in four years as record capital spending and a SpaceX writedown overshadowed accelerating cloud demand.

Oracle told investors it will fund its AI infrastructure buildout with a $20 billion financing ceiling while targeting $225 billion in long-term revenue and $30

Fortinet beat on earnings but cut its service revenue outlook, pulling Palo Alto Networks, CrowdStrike and other security names down with it.

Amazon's cloud unit grew strongly but the company posted negative free cash flow of $2.4 billion, and CEO Andy Jassy said AWS can become a $1 trillion revenue b

Microsoft beat expectations on AI-driven Azure demand, contrasting with Alphabet's capex-heavy quarter that investors punished.

Hyperscaler capex forecasts and weak Intel and Amazon results triggered a broad tech selloff, with Alphabet, Amazon and Meta shedding nearly $900 billion in mar

Intel's guidance flagged a PC slump and a memory supply crunch that is raising component costs even as data center AI revenue grows.

Alphabet's worst trading day followed a sharply higher capital spending plan, with BofA noting Google search is now valued below fossil fuel stocks.

Amazon disclosed record AI-related spending, an $80 billion credit facility and plans to sell its custom AI chips to outside customers starting in 2027.

The chipmaker would back a multibillion-dollar credit guarantee for the West Virginia build tied to Anthropic's compute expansion.

Total AI infrastructure commitments balloon even as investors question the debt and cash flow implications of the buildout.

Lilly raised guidance on booming tirzepatide demand for obesity and diabetes, though deal-related charges trimmed the profit view.

Strong GLP-1 and oncology sales outweighed political pressure on drug prices, with pharma seeking friends in both parties ahead of midterms.

The licensing pact adds another oral GLP-1 candidate to Novo's pipeline as competition in the obesity market intensifies.

Experts warn markups of up to 700% persist on patented therapies and call for compulsory licensing as affordability concerns mount.

The move follows GLP-1 drug shortages and reshapes the rules for compounded versions of popular peptides.

The accelerated nod gives INOVIO its first approved product and a commercial foothold.

Soaring refining margins and high crude prices tied to the Iran conflict have delivered record quarterly profits for the largest oil companies while consumers p

A tanker fire in the Strait of Hormuz and stalled diplomacy have pushed crude toward the highest levels of the year, with analysts warning inventories are near

ExxonMobil and Chevron both exceeded Wall Street estimates as refineries ran at high utilization and diesel and gasoline margins surged.

Europe is drawing heavily on emergency stocks, about half of it diesel, to cap fuel prices as Middle East supply risks persist.

Benchmark Dutch TTF prices hit levels not seen since the 2022 energy crisis as winter approaches with historically low European gas inventories.

The result accelerates BP's efforts to repair its balance sheet and pay down debt after a long stretch of weak refining performance.

The R2 SUV is now Rivian's top seller in its first full quarter, driving a 38% revenue jump and a higher full-year delivery outlook.

VW faces mounting pressure to cut costs, putting the electric Golf on hold while Audi warns of an urgent need for action after its own Q3 profit slump.

It is the first time Toyota will build a vehicle with the Waymo Driver integrated on the production line, deepening their autonomous driving partnership.

The incident, which occurred without a crash, highlights an experience gap as Silicon Valley pushes into heavy-duty electric trucking.

The rule adds to a growing patchwork of state policies trying to steer data center power demand toward renewable supply.

Rising data center demand is running up against constrained European electricity supply and grid buildout.

The package is financed by allies rather than US funds and arrives amid reported delays in interceptor transfers and friction between Kyiv and Washington.

The PAC-3 Edge based award is an other-transaction-authority effort to field a next-generation interceptor amid concerns over US missile stockpiles.

The award is the first shipyard selection made by TOTE Services as vessel construction manager for the Navy's LSM program.

The policy, due in April 2027, applies to deals worth GBP 50 million or more and aims to ensure British industry benefits from foreign contractors.

The Qualcomm-powered device extends Anduril's push beyond defense hardware into US-made computing supply chains.

Japan will assemble AIM-120 missiles as Washington moves to sharply raise production of the widely used air-to-air weapon.

The post-earnings selloff reflects broad analyst concern about Intel's outlook, a rare case of a chipmaker move dominating financials-beat coverage.

The senator is pressing the Justice Department on whether criminal charges follow this month's penalties from three financial regulators.

The move pits major listed companies against efforts to trade tokenized versions of their shares on a crypto exchange-backed venue.

The Jordan Creek office reduction is the bank's biggest single layoff in five years, signaling continued cost discipline.

The sector's reporting cycle begins with investors watching for revenue trends and margin pressure across the big lenders.

The bank beat on earnings but faces continued net interest margin compression.

Amazon beat on cloud growth but retail and advertising revenue lagged, prompting analysts at Morgan Stanley and Citizens to weigh in on the stock's selloff.

The deal merges two major retail delivery players, a combination restaurant operators warn could raise their costs.

The inquiry examines whether loyalty data and personal information are being used to alter prices for individual shoppers.

The bid is part of a broader wave of private buyers targeting troubled restaurant chains, including an approach Dine Brands rebuffed with a poison pill.

The coffee chain reported sales below expectations while citing improving US momentum, and is piloting AI-personalized drive-thru menus.

On the Q3 earnings call, Jassy defended Amazon's stores unit and predicted the company could have two $1 trillion businesses within a decade.

The heavy machinery maker posted record quarterly sales of $20.7 billion and a $78 billion backlog on data center power demand, but a modest beat and tepid guid

The recently spun-off aerospace unit pointed to supply chain recovery and 2027 growth plus a $500 million Tempe expansion, but investors balked at the pace of i

Boeing's Q3 call drew analyst scrutiny on 737 production delays and record backlog, with the read-through lifting supplier GE Aerospace.

Grid and power equipment demand is outrunning wind losses, prompting HSBC to say the wind business is past the worst.

The split FOMC vote signals rates may stay higher for longer, a cost headwind for capital-intensive manufacturers.

The second such directive this month keeps tariff risk alive for machinery importers while negotiations proceed.

A broad precious-metals liquidation driven by Wall Street selling has pushed gold to its lowest in a year, with analysts debating whether capitulation levels ar

The Brazilian miner's weaker quarter reflects soft iron ore pricing and rising costs across its operations.

Futures sit near four-year lows on swelling Chinese inventories and weak steel mill profitability, with Fortescue supply questions adding volatility.

The shift highlights intensifying US-China competition for African critical minerals supply chains.

Uranium equities are falling while the underlying metal holds firm, with analysts split on whether the dip is a buying window.

The steelmaker is deepening its West African iron ore footprint as part of a wider push to secure raw material supply.