Neutral impactStocks
Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single day
Economic Times 1 hr ago·30 Oct 2026, 7:09 am
Shares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued outlook. Alphabet shares fell over 13% after its Q3 results missed Wall Street estimates, with slowing search advertising growth and higher AI investments weighing on sentiment.
Key takeaways
- Category: Stocks.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
