US Premarket: Intel and Amazon Slump, Crypto Stocks Drop Following Binance Hack

Yahoo Finance ·

U.S. stock index futures tumbled on Friday, October 30, 2026, pressured by rising artificial intelligence infrastructure costs and a broader tech sell-off, with Nasdaq 100 futures dropping over 2 percent. Intel shares plunged 25 percent in premarket trading after warning of cash burn and production bottlenecks, while Amazon fell 6.5 percent on a disappointing holiday-quarter sales forecast. Cryptocurrency-related equities slid sharply following reports of a historic $6.36 billion theft from Binance involving funds moved across 10 blockchains. Coinbase declined 5.2 percent, and Hut 8 alongside Robinhood Markets each lost 5.7 percent. Reddit shares plummeted approximately 23 percent despite beating third-quarter earnings and revenue expectations, weighed down by a soft revenue outlook and falling search referral traffic. Twilio dropped 17.5 percent after issuing a subdued fourth-quarter organic revenue growth forecast.

AI 시장 분석

US stock futures plunged due to concerns over surging AI infrastructure investment costs and weak tech earnings. Notably, Intel crashed 25% amid cash burn warnings, and Amazon declined due to disappointing guidance. Additionally, a record-breaking $6.36 billion crypto hacking incident at Binance caused related stocks to plummet together.

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DYAX 전담 분석

Excessive AI infrastructure investments by major tech companies and rising memory prices are increasing cost burdens and deteriorating profitability in the short term, putting downward pressure on the overall index. In particular, the Binance hacking incident highlighted security vulnerabilities in the crypto ecosystem, sharply dampening investment sentiment for crypto-related stocks.

Going forward, the market is expected to experience high volatility depending on major big tech companies' ability to realize returns on AI investments and memory price trends. Investors must closely monitor risk management, along with the possibility of additional security incidents and guidance downgrades.

AI가 생성한 분석으로 투자 자문이 아닙니다.

DYAX Investor Sentiment

Bullish (Long) 48% · Bearish (Short) 52%

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