The Aporia
Gonzalez, J. (2026, October 30). Amazon and Intel post worse-than-expected results. Semafor. https://www.semafor.com/article/10/30/2026/amazon-and-intel-post-worse-than-expected-results
Gonzalez, Jeronimo. “Amazon and Intel post worse-than-expected results.” Semafor, 30 Oct. 2026, https://www.semafor.com/article/10/30/2026/amazon-and-intel-post-worse-than-expected-results.
Gonzalez, Jeronimo. “Amazon and Intel post worse-than-expected results.” Semafor, October 30, 2026. https://www.semafor.com/article/10/30/2026/amazon-and-intel-post-worse-than-expected-results.
Dated from the outlet's own feed. Check the original for its byline.
Amazon and Intel reported worse-than-expected financial results, contributing to a broader trend of disappointing Big Tech earnings that have negatively impacted markets. Amazon recorded $200 billion in third-quarter revenues but failed to reassure wary investors concerned about the sustainability of AI investments amid rising debt and financing costs. Meanwhile, Intel's fourth-quarter sales projections fell short of expectations, causing its stock price to drop by 20% after market close. The surge in AI spending has become the largest expenditure in American history, despite growing public skepticism over the technology and its reliance on data centers. Investors are questioning how these massive investments will eventually yield returns.