{"id":1046197,"date":"2026-10-31T11:10:49","date_gmt":"2026-10-31T05:40:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1046197"},"modified":"2026-10-31T11:10:49","modified_gmt":"2026-10-31T05:40:49","slug":"amazon-intel-shares-crash-up-to-25-in-premarket-trade-as-ai-spending-concerns-trigger-tech-sell-off-whats-next","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/31\/amazon-intel-shares-crash-up-to-25-in-premarket-trade-as-ai-spending-concerns-trigger-tech-sell-off-whats-next\/","title":{"rendered":"Amazon, Intel shares crash up to 25% in premarket trade as AI spending concerns trigger tech sell-off &#8211; What&#8217;s next?"},"content":{"rendered":"<p>Shares of Amazon slumped 7.4% in US premarket trading on Friday, October 30, while Intel plunged 25%, as investors fretted over the tech giants\u2019 massive cash burn on artificial intelligence (AI), accelerating a rotation out of the technology sector.<\/p>\n<p>The e-commerce and cloud giant reported higher-than-expected capital expenditure and slower growth in its online retail business. The company said it spent more than $77 billion on property and equipment in the third quarter, well above analyst expectations, as it continues to expand data centre capacity and meet demand for AI services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Amazon slumped 7.4% in US premarket trading on Friday, October 30, while Intel plunged 25%, as investors fretted over the tech giants\u2019 massive cash burn on artificial intelligence (AI), accelerating a rotation out of the technology sector. The e-commerce and cloud giant reported higher-than-expected capital expenditure and slower growth in its online retail business. The company said it spent more than $77 billion on property and equipment in the third quarter, well above analyst expectations, as it continues to expand data centre capacity and meet demand for AI services.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1046197","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1046197"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046197\/revisions"}],"predecessor-version":[{"id":1046198,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046197\/revisions\/1046198"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1046197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1046197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1046197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}