Tech stocks crushed as Nasdaq futures tumble nearly 800 points
According to reporting by CBS News US National, Disappointing earnings reports from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.
Tech stocks crushed as Nasdaq futures tumble nearly 800 points: Official reporting from the CBS News US National confirms active developments in United States. Americans in affected communities should review primary guidance and follow verified bulletins.
“Tech stocks crushed as Nasdaq futures tumble nearly 800 points: Official reporting from the CBS News US National confirms active developments in United States. Americans in affected communities should review primary guidance and follow verified bulletins.”
Key Verified Points
- •Official Issuing Wire: CBS News US National
- •Editorial Desk: United States
- •Coverage Domain: BREAKING
- •Publication Status: Verified Journalistic Dispatch
Executive Briefing
According to reporting by CBS News US National, Disappointing earnings reports from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.
Detailed Factual Report
Stock futures for the Nasdaq Composite Index cratered before the opening bell on Friday, tumbling nearly 800 points, or 2.7%, after disappointing earnings reports from Alphabet, Amazon and Intel renewed fears about the prospects for artificial intelligence.
Intel's stock plunged more than 26% ahead of trading, while Alphabet shares continued to wobble after sliding more than 12% on Thursday, their worst day since the company went public as Google in 2004.
"This has been one of the worst tech earnings seasons in memory, with underwhelming results from a slew of very prominent companies," market analyst Adam Crisafulli, head of Vital Knowledge, said in a research note.
Futures for the S&P 500 and blue-chip Dow Jones Industrial Average were down 1.1% and 0.1%, respectively.
Verified Data Points & Key Takeaways
Geographic Scope & Community Impact
Recommended Action & Safety Guidelines
Source & Verification Provenance
Information in this article was compiled directly from records provided by CBS News US National. Access the primary source document at: https://www.cbsnews.com/news/nasdaq-futures-tumble-tech-earnings-ai/. Reporting and editorial review conducted by the USA NOW News Desk.
Event Timeline & Developments
Frequently Asked Questions
What are the primary facts confirmed in this report?
The CBS News US National has verified active developments in United States, as detailed in the executive briefing and key facts ledger.
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This bulletin was officially published by CBS News US National on 10/30/2026.
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USA NOW provides automated 24/7 monitoring of primary US government and official agency feeds, updating this report as new information is verified.
Official Government & Primary Citations
- CBS News US National — https://www.cbsnews.com/news/nasdaq-futures-tumble-tech-earnings-ai/
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