Tech and Healthcare Stocks Tumble After Earnings Misses

Intel led the slide, with shares plummeting 22% to $71.63 following a bleak forecast for personal computer sales. The chipmaker’s inability to project stability in its core market triggered immediate investor retreat. Meanwhile, Amazon saw its stock dip 7% to $226.91 as contracting free cash flow amplified anxieties surrounding the massive capital outlays required for artificial intelligence infrastructure.

The broader market weakness extended into healthcare and gaming. Stryker shares fell 12% to $275 after the medical device manufacturer lowered its full-year outlook, citing performance that failed to hit internal benchmarks. Roblox faced a similar fate, dropping 16% to $43.84 as the platform grappled with a noticeable decline in user activity and core engagement metrics.