Intel Stock Crashes 25%, Amazon Falls 7% As Nasdaq Futures Drop 2%

The post Intel Stock Crashes 25%, Amazon Falls 7% As Nasdaq Futures Drop 2% appeared first on Coinpedia Fintech News

A bruising week for Big Tech earnings ended on a sour note Friday, with Nasdaq-100 futures down 2% before the open. Intel shares slumped 25% in premarket trading after the chipmaker gave a weaker-than-expected outlook, blaming a still-soft PC market. Amazon fell 7% after missing third-quarter revenue and profit forecasts and posting a second straight …