Technology shares sold off for a second consecutive day as another round of disappointing earnings accelerated a rotation out of the artificial intelligence trade. Amazon slumped 7.3% as the firm reported greater capital spending than anticipated, while Intel plunged 23% after its revenue forecast missed analysts’ estimates. Bloomberg's Ruhell Amin reports. (Source: Bloomberg)
Technology shares sold off for a second consecutive day as another round of disappointing earnings accelerated a rotation out of the artificial intelligence trade. Amazon slumped 7.3% as the firm reported greater capital spending than anticipated, while Intel plunged 23% after its revenue forecast missed analysts’ estimates. Bloomberg's Ruhell Amin reports. (Source: Bloomberg)
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