Friday, October 30, 2026. Prepared premarket. Futures below are stamped 5:36 AM ET; stock indications are extended-hours marks around 7:17 AM ET, not opening prices.
Intel was down 26.14% and Amazon 6.52% in extended-hours trading after Thursday's earnings. Nasdaq-100 futures were down 2.19%, S&P 500 futures 0.97%, while Dow futures edged up 0.05% at 5:36 AM ET, according to TipRanks.
The setup
Thursday's S&P 500 fell 0.30% to 7,720.39, the Nasdaq Composite fell 1.38%, and the Dow fell 0.25%. CNBC's closing report attributed the pressure to corporate earnings, including Alphabet's sharp decline.
The Nasdaq-100 also fell 1.38% to 29,402.51, confirmed by Yahoo Finance historical data. Friday's futures snapshot shows the pressure extending into another session, rather than an opening result that has already happened.
Amazon: cloud growth and a cash outflow
Amazon's results showed third-quarter sales of $201.9 billion and diluted EPS of $1.89. AWS sales grew 39% to about $46.0 billion, while operating income rose to $28.1 billion.
The company reported a trailing-12-month free-cash-flow outflow of $42.4 billion and maintained its $220 billion cash capital-spending forecast for 2026. Fourth-quarter sales guidance was $240 billion to $247 billion.
CNBC reported that EPS and revenue missed LSEG consensus of $1.96 and $202.31 billion, respectively. The comparison uses LSEG consensus.
Intel: growth in the quarter, weaker guidance ahead
Intel reported third-quarter revenue of $16.5 billion, up 21%, and adjusted EPS of $0.52. Data Center and AI revenue grew 78% to $7.3 billion, while client computing revenue fell 5% to $8.1 billion.
For the fourth quarter, Intel forecast revenue of $15 billion to $16 billion and adjusted EPS of $0.25. CNBC's LSEG comparison put expectations at $17.1 billion and $0.43. Intel's CFO said the PC slowdown could continue through at least the first half of next year.
Big Oil's different morning
ExxonMobil reported adjusted EPS of $4.23 and Chevron $5.28. Reuters reported that both beat expectations as higher refining margins supported results. Exxon earned more from refining than upstream for the first time in at least six years.
What to watch today
- Employment costs: the third-quarter Employment Cost Index is scheduled for 8:30 AM ET, according to the BLS release calendar. This premarket draft does not contain the released result.
- At the open: whether Intel and Amazon retain their indicated losses, and whether the Dow's early relative strength holds. Premarket prices can change substantially before the bell.
- Month-end: Friday is the last trading day of October. Separate closing flows from any new company or economic news.
The OnDeck Book
Today's account comparison and position details are being updated and are not included in this edition.
MarketsOnDeck. Not investment advice.