{
  "id": 17209228,
  "title": "Amid brutal sell-off, what comes next for Google, Amazon and other Big Tech titans?",
  "url": "https://urgent.news/2026/10/30/amid-brutal-sell-off-what-comes-next-for-google-amazon-and-other-big",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T09:44:46.000Z",
  "source": {
    "name": "SCMP Tech",
    "slug": "scmp-tech",
    "url": "https://www.scmp.com/tech/big-tech/article/3372737/amid-brutal-sell-what-comes-next-google-amazon-and-other-big-tech-titans"
  },
  "original_language": "en",
  "account": "In the wake of a severe market sell-off, major technology companies like Google, Amazon, and Alphabet are facing significant challenges. Intel's stock plummeted by 23% in extended trading, while Amazon fell 7.3% and Alphabet even hit a record low, dropping 12.6% in a single day. Both Alphabet and Amazon are set to increase their capital spending in 2027, which could lead to liquidity issues and mounting depreciation costs as they struggle to turn a profit from their massive infrastructure investments. Despite Google Cloud's remarkable revenue growth, Alphabet's operating costs surpassed operating cash flow, resulting in a quarterly free cash outflow of $9.1 billion. Meanwhile, Amazon's cloud division realized revenue growth of 39.3%, but the company still managed to post a record $42.4 billion in free cash outflow. Intel, on the other hand, is grappling with forecasting errors, supply chain bottlenecks, and lower-than-expected demand for personal computer chips. In contrast, Microsoft demonstrated resilience, with Azure revenue soaring 48% and operating cash flow reaching $58 billion, allowing the company to maintain free cash flow positivity through fiscal 2027.",
  "summary": "Soaring artificial intelligence revenues have failed to shield Intel, Amazon and Google’s parent company Alphabet from a brutal Wall Street sell-off, as their latest quarterly results deepened investor jitters over mounting capital spending and delayed returns. Intel plunged about 23 per cent in extended trading on Thursday, while Amazon shed 7.3 per cent. Alphabet tumbled 12.6 per cent during…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Sources: Google, Meta, and other tech companies are resisting broad ICE demands for user data as they face future Democratic-led congressional investigations (Wall Street Journal)",
        "url": "https://urgent.news/2026/10/29/sources-google-meta-and-other-tech-companies-are-resisting-broad-ice",
        "published": "2026-10-29T20:50:03.000Z"
      },
      {
        "outlet": "The New York Times",
        "title": "Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street",
        "url": "https://urgent.news/2026/10/29/big-techs-data-center-blitz-is-burning-through-cash-and-scaring-wall",
        "published": "2026-10-29T20:53:41.000Z"
      },
      {
        "outlet": "ABC News AU",
        "title": "Finland launches criminal probe into Google data centre land clearance",
        "url": "https://urgent.news/2026/10/30/finland-launches-criminal-probe-into-google-data-centre-land-clearance",
        "published": "2026-10-30T06:31:33.000Z"
      },
      {
        "outlet": "Dev.to",
        "title": "Google Trends US data was distorted for 15 weeks in 2026: how to spot it and fix your numbers",
        "url": "https://urgent.news/2026/10/30/google-trends-us-data-was-distorted-for-15-weeks-in-2026-how-to-spot",
        "published": "2026-10-30T09:57:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}