Slatesource
PrivacyTerms© 2026 Slatesource
Nasdaq Loses $1T as Intel Hits Worst Day in Histor

Nasdaq Loses $1T as Intel Hits Worst Day in Histor

@Steph2
AI capex fear builds to a market crisis27.01.2025 – 30.10.2026
27.01.2025Nvidia loses ~$593B in one session after DeepSeek model release — Nasdaq's worst single-day wipeout on record at that point.
27.01.2025
28.10.2026Alphabet releases Q3 results after the close: revenue $127.6B (miss), EPS $2.12 (miss), free cash flow -$9.1B, capex $51.4B (+114% YoY).
28.10.2026
29.10.2026Alphabet shares fall 12.6%; ~$500B wiped. Amazon and Intel report after the close: Amazon EPS $1.89 (miss), negative free cash flow; Intel guides Q4 revenue to $15B–$16B vs $17.05B estimate.
29.10.2026
30.10.2026Intel opens down ~30% — worst single-session loss in company history. Amazon falls ~6.5%. Nasdaq-100 sheds more than $1 trillion. AMD slides ~10%, Nvidia ~3.7%.
30.10.2026
sec.gov

~30%Intel one-day loss — worst in company history

Intel (INTC) share price change, 30 Oct

~-30% (record worst day)

Amazon (AMZN) share price change, 30 Oct

~-6.5%

Nasdaq-100 market value erased, 30 Oct

~$1 trillion

Nasdaq-100 value erased in October 2026

~$2 trillion

AMD share price change, 30 Oct

~-10%

Nvidia share price change, 30 Oct

~-3.7%

Intel Q3 2026 revenue

$16.5B (+21% YoY)

Intel Q4 2026 revenue guidance

$15B–$16B (est. $17.05B)

Amazon Q3 2026 revenue

$201.9B (+12% YoY, miss vs $202.2B est.)

Amazon Q3 2026 EPS

$1.89 (est. $1.97–$2.01)

Amazon trailing free cash flow (Q3)

-$42.4B

Amazon AWS revenue (Q3 2026)

$46B (+39% YoY)

Amazon 2026 capital expenditure plan

$220B

sec.gov

What is confirmed and what is not yet known

Confirmed: Intel Q3 2026 revenue $16.5B (+21% YoY); Q3 GAAP EPS $0.60, non-GAAP EPS $0.52. Intel Q4 guidance: revenue $15B–$16B, non-GAAP gross margin 38.0%, non-GAAP EPS $0.25 — all well below consensus. Intel data-centre and AI revenue grew 78% YoY to $7.3B in Q3; client computing fell 5% to $8.1B. CFO David Zinsner cited ongoing PC market softness "at least through the first half of next year." Amazon Q3 revenue $201.9B (+12% YoY); operating income $28.1B (record 13.9% margin); AWS $46B (+39% YoY); EPS $1.89 vs estimate $1.97. Amazon committed to ~$220B in 2026 capex; CEO Andy Jassy said spending will increase "meaningfully more" in 2027. The Nasdaq-100 index fell to its lowest level in nearly three months. Not yet confirmed: whether Intel's PC recovery timeline will shift; whether Amazon's negative free cash flow ($42.4B trailing) represents a permanent shift or a build-phase peak; specific 2027 capex figure for Amazon or Alphabet; whether any mega-cap will reduce AI spending guida

"

Our Q3 results demonstrate improving execution and meaningful progress expanding supply. Despite near-term headwinds across the PC industry, demand for our CPUs remains robust.

"

Lip-Bu Tan — Intel CEO

sec.gov

What to watch next

0%

Intel Q4 2026 results (due late January 2027): will revenue recover above the $15B–$16B guide?

Amazon Q4 2026 guidance: operating income $28.5B–$33.5B; revenue $240B–$247B — beats or misses will reset the narrative.

Nvidia Q3 2026 results: any sign of data-centre demand softening will be read as a sector inflection.

Fed rate path: traders price >50 bps of hikes by mid-2027; costlier debt makes $220B+ capex pledges harder to justify.

AI return on investment: next earnings cycle (Jan–Feb 2027) will be the first broad test of whether AI revenue is catching capex.

Last updated 30 October 2026, 18:00 UTC. Intel Q3 2026 results and Q4 guidance: Intel Form 8-K (sec.gov, filed 29 Oct 2026; primary source). Amazon Q3 2026 results: Amazon Form 8-K (sec.gov, filed 29 Oct 2026; primary source) and earnings press release (s2.q4cdn.com). Market moves and context: BBC Business (bbc.co.uk, 17:47 UTC 30 Oct 2026), Bloomberg (bloomberg.com), Reuters via Yahoo Finance, CNBC. Comparison data (Nvidia Jan 2025): Yahoo Finance. Cover: stock market ticker board, rawpixel.com