Editorial companion

What stands out

Bloomberg’s panel walked through a rapid market repricing after disappointing quarterly reports from Intel and Amazon drove a 3.5 percent drop in the Nasdaq 100 and pushed tech stocks into a selloff. The discussion focused on Intel’s historic stock rout after weak chip demand, and on Amazon’s mixed picture, stronger AWS messaging versus larger-than-expected financing and profit disappointment. Panelists flagged that the narrative powering AI-focused valuations is being questioned when the biggest names miss the numbers, and traders reacted quickly to earnings, not just guidance.