Nasdaq 100 futures are down 2.6% after a brutal night of earnings
$Intel(INTC.US) is down 25% premarket, on pace for its worst day since August 2024 when it fell 26%Intel guided Q4 revenue to $15 to $16 billion vs $17.1 billion expected, blaming a weaker PC market and memory shortages$Reddit(RDDT.US) is down 22%, $Twilio(TWLO.US) 21% and $Roblox(RBLX.US) 16% after soft Q4 outlooks$Amazon(AMZN.US) is down almost 8% as AWS growth came in below what Wall Street hoped forOn the green side, $Regeneron Pharma(REGN.US) is up 7%, $Rivian Automotive(RIVN.US) 6% and $Colgate(CL.US) 5% after beatsRight after $Alphabet(GOOGL.US)'s worst day ever and $ServiceNow(NOW.US)'s 27% drop, the message from this earnings season is clear. The market is punishing any soft guide, no matter how good the quarter lookedSource: StockMarket.News




