{
  "id": 17239368,
  "title": "US stocks: Nasdaq tumbles at open as Amazon, Intel add to AI spending woes",
  "url": "https://urgent.news/2026/10/30/us-stocks-nasdaq-tumbles-at-open-as-amazon-intel-add-to-ai-spending",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-30T14:09:34.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-nasdaq-tumbles-open-amazon-intel-add-ai-spending-woes"
  },
  "original_language": "en",
  "account": "The Nasdaq plunged to its lowest level in over two months on Friday, as concerns mounted over the escalating costs of AI infrastructure and the return timeline. Amazon's aggressive AI spending plan and Intel's warning of cash burn added to investor apprehension. Despite a modest 0.08% rise in the Dow Jones Industrial Average to 52,383.9, the S&P 500 suffered a 1.16% decline to 7,631.07, while the Nasdaq Composite fell 2.26% to 25,592.486.",
  "summary": "The three major indices opened mixed on Friday",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Amazon sinks as AI spending eclipses fastest cloud growth in five years",
        "url": "https://urgent.news/2026/10/29/amazon-sinks-as-ai-spending-eclipses-fastest-cloud-growth-in-five",
        "published": "2026-10-29T20:08:53.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Amazon shares sink as spending on AI overshadows growth in cloud unit",
        "url": "https://urgent.news/2026/10/29/amazon-shares-sink-as-spending-on-ai-overshadows-growth-in-cloud-unit",
        "published": "2026-10-29T20:44:14.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Amazon shares fall 6% as $77 billion AI spending raises cash flow concerns",
        "url": "https://urgent.news/2026/10/30/amazon-shares-fall-6-as-77-billion-ai-spending-raises-cash-flow",
        "published": "2026-10-30T00:16:47.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "European shares dip as Amazon, Intel stoke AI cash-burn fears",
        "url": "https://urgent.news/2026/10/30/european-shares-dip-as-amazon-intel-stoke-ai-cash-burn-fears",
        "published": "2026-10-30T08:16:29.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "AI pressures mount as Amazon and Intel shares tumble",
        "url": "https://urgent.news/2026/10/30/ai-pressures-mount-as-amazon-and-intel-shares-tumble",
        "published": "2026-10-30T13:58:36.000Z"
      }
    ]
  },
  "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."
}