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Amazon falls 7%, Intel plunges 25% in premarket trading after earnings pressure

Amazon falls 7%, Intel plunges 25% in premarket trading after earnings pressure

Intel stock experienced a dramatic drop of 25% in early trading, while Amazon shares declined by 7%, both amid growing investor unease.

This apprehension stems from the substantial investments being poured into artificial intelligence by major technology corporations, and whether these significant outlays will ultimately yield positive returns.

Reported across 1 source

View original sourcecnbc.com

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