Google, Amazon, Intel shares dive on disappointing earnings, AI jitters

AFP29 Oct, 2026 10:59 PM3 mins to readAmazon still plans US$220b in capital expenditure this year, mainly on investments in artificial intelligence. Image / Getty CreativeAmazon still plans US$220b in capital expenditure this year, mainly on investments in artificial intelligence. Image / Getty CreativeAmazon shares fell more than 7% in after-hours trading after a quarterly earnings report that missed analyst expectations on profit and total revenue but showed strong growth in the company’s AWS cloud business. The miss came as investors were already rattled by Google’s own lower-than-expected profits on a slowdown