Nasdaq futures tumble nearly 800 points on weak Alphabet, Amazon, Intel earnings
The gist
Nasdaq Composite futures tumbled nearly 800 points, or 2.7%, after disappointing earnings from Alphabet, Amazon and Intel.
The selloff tests the AI trade investors had counted on to drive record highs.
How it unfolded
- Oct 30, 2026Nasdaq Composite futures tumbled nearly 800 points, or 2.7%, before the opening bell after disappointing earnings from Alphabet, Amazon and Intel; S&P 500 futures were down 1.1% and Dow futures 0.1%.
- Oct 30, 2026Nasdaq futures fell over 2% as global tech stocks slid, with Intel down 26%, ASML down close to 5% and Schneider Electric down 2.5%.
- Oct 31, 2026As of 11:44 p.m. EDT, Nasdaq-100 futures fell more than 2%, S&P 500 futures were down 0.95% and Dow futures fell 0.17%.