U.S. technology stocks fell this week, with Intel down nearly 26%, and Alphabet down 12.2%
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AT A GLANCE
The sell-off in technology stocks dragged the three major U.S. stock indexes lower for the week, with Intel, Alphabet, and other individual stocks posting significant declines.
Article
U.S. technology stocks sell off, Intel falls nearly over the week 26%, Alphabet falls 12.2%
PANews November 1 According to Seeking Alpha, as cited in the report, the three major U.S. stock indexes all closed lower this week, dragged down by the sell-off in technology stocks: the S&P 500 index fell 0.57%, the Nasdaq Composite Index fell 2%, and the Dow fell 0.85%. Intel's fourth-quarter revenue guidance was 15000000000 to 16000000000 USD, below expectations, with its share price falling nearly cumulatively this week 26%. Alphabet's third-quarter revenue 127580000000 USD, missing expectations, with its share price falling 12.2%. ServiceNow fell nearly in a single day after releasing its financial results 27%，AMD and fell nearly on Friday 13%. Amazon's capital expenditures in the third quarter exceeded 77000000000 USD, above expectations. The Federal Reserve kept the 3.75% -4.00%interest-rate range unchanged.
PANews cited Seeking Alpha as reporting that all three major U.S. stock indexes in the United States closed lower for the week.
02
S&P 500 index fell 0.57%, the Nasdaq Composite Index fell 2%, and the Dow fell 0.85%。
03
Intel's fourth-quarter revenue guidance was 15000000000 to 16000000000 USD, below expectations, with its share price falling nearly cumulatively this week 26%。
04
Alphabet's third-quarter revenue was 127580000000 USD, missing expectations, with its share price falling 12.2%。
05
ServiceNow fell nearly in a single day after releasing its financial results 27%，AMD and fell nearly on Friday 13%。
06
Amazon's capital expenditures in the third quarter exceeded 77000000000 USD, above expectations.
07
The Federal Reserve kept the 3.75% -4.00%interest-rate range unchanged.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report describes U.S. stock-market performance over 1 the week: all three major indexes declined, while multiple technology stocks fell sharply after the release of earnings, revenue guidance, or information related to expectations.
Why it matters to readers
The indexes and multiple technology stocks fell simultaneously, indicating that the technology-stock sell-off described in the report affected broader U.S. market performance.
Beginners can distinguish between index movements and individual-stock movements, and focus on the differences between companies' actual data, performance guidance, and market expectations.
Risks and unknowns
The report was relayed by PANews from Seeking Alpha and did not attach original materials such as company financial reports, exchange market data, or a Federal Reserve statement.
The original text did not specify the exact figures or sources for the “expectations.”
The original text only stated November 1 and “this week” and “Friday,” without specifying the complete dates corresponding to each item of data.
Subsequent share-price movements and market reactions cannot be confirmed by this evidence.
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