Nasdaq Falls as Amazon and Intel Plunge on Weak Earnings

investors.com —

The Nasdaq fell sharply Friday as Amazon and Intel shares plunged following disappointing earnings reports. The sell-off dragged the tech-heavy index lower in a broad market decline. Both companies reported quarterly results that missed analyst expectations, triggering immediate sell-offs in their stocks. The losses weighed heavily on the Nasdaq, which is heavily weighted toward technology and consumer-related stocks like Amazon. The market moves come amid ongoing investor scrutiny of corporate earnings and economic conditions. Friday's declines highlight how individual company results can significantly impact major stock indexes.


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