. Amazon fell approximately 7.2% after reporting substantial quarterly cash outflows and signaling further increases in AI capital expenditures, raising concerns about the returns on massive infrastructure investments. Intel plunged approximately 25% after warning of continued cash burn, manufacturing constraints and weak PC demand, while Nvidia declined 2.5%, AMD fell 7%, and Broadcom lost roughly 4%. Alphabet slipped another 0.9%, extending Thursday's steep decline. Today's earnings calendar includes Exxon Mobil, Chevron, AbbVie and Regeneron before the opening bell. Economic attention turns to the Employment Cost Index at 8:30 AM ET and Chicago PMI at 9:45 AM ET, with investors watching for additional evidence of wage inflation and manufacturing-sector conditions. Following this week's Federal Reserve decision, markets remain focused on the outlook for December interest rates, while AI spending, Big Tech profitability, Treasury yields, energy prices and inflation expectations remain the primary catalysts heading into the weekend. 30-OCT-2026 06:55 AM ET