Editorial companion

What stands out

The clip captures two big headlines: Intel cut its revenue outlook and warned the PC downturn will last into 2027, and Amazon’s large capital spending and slowing online-sales growth pushed shares lower. The Intel part matters because management gave a far weaker top-line picture and a specific timetable for the PC slump, which is why the stock plunged during after-hours trading. The Amazon segment matters because spending of more than $77B on property and equipment produced a large free cash outflow at a time when e-commerce growth cooled to 2 percent.