US stock futures slide after Alphabet, Amazon and Intel earnings disappoint
The gist
Nasdaq-100 futures fell 2% to 28,975 points as Alphabet, Amazon and Intel shares dropped after weak results.
Investors are weighing AI build-out costs and a possible December Fed rate hike.
How it unfolded
- Oct 27, 2026U.S. stock futures and Treasurys were largely steady as Brazilian assets sold off sharply after a surprise election victory.
- Oct 29, 2026In regular trading, Alphabet shares lost 12% after missing on third-quarter earnings and revenue and posting negative free cash flow of $9.07 billion; the Nasdaq Composite fell 1.4% and the S&P 500 fell 0.3%.
- Oct 29, 2026After the close, Amazon shares fell 5% in extended trading on a third-quarter miss and negative free cash flow of $42.4 billion, while Intel slid 20% on a weak current-quarter outlook tied to a PC slowdown.