[AFTER-HOURS RECAP] : US equity futures tumble as AMZN miss on EPS & revenue with underwhelming next quarter guidance, INTC profit light & dismal Q4 outlook, while RDDT, PINS, and RBLX all plummet; SNDK issues solid report and 8-for-1 forward stock split
Newsquawk Staff ·
: US equity futures tumble as AMZN miss on EPS & revenue with underwhelming next quarter guidance, INTC profit light & dismal Q4 outlook, while RDDT, PINS, and RBLX all plummet; SNDK issues solid report and 8-for-1 forward stock split.
What it means
Clustered mega-cap misses on guidance rather than the trailing print have historically been the pattern that does the most damage to index futures after hours, since AMZN and INTC together carry enough weight in the Nasdaq and S&P to transmit a single session's disappointment straight into the benchmarks before the cash open. The established distinction is between a clean miss and a guidance cut: the former tends to fade by the next session, the latter resets the analyst modelling cycle and drags the peer set, here the broader semiconductor complex and consumer internet names, with RDDT, PINS and RBLX moving in sympathy on the read-across to advertising and engagement demand. After-hours price action in these names has tended to overstate the eventual cash-session move, with the gap frequently retracing once liquidity normalises, though the direction set overnight has more often than not held. The SNDK report and forward split is the counterpoint: splits of this kind are mechanically neutral and have historically mattered mainly as a signal of management confidence and a bid from the retail channel, a different driver from the fundamental misses elsewhere. What bears watching is whether the weakness broadens into the Asia semis supply chain overnight and how the index futures behave into the European open, since dispersion between the misses and the beats is the tell for whether this reads as idiosyncratic execution or a sector-level demand signal.
- Mondelez International Inc. (MDLZ) Q3 2026 (USD): Adj. EPS 0.78 (exp. 0.71), Adj. net income 992mln (exp. 906.4mln)
- Starbucks (SBUX) Q4 (USD) Adj. EPS 0.80 (exp. 0.72), Revenue 9.10bln (exp. 9.22bln)
- Gilead Sciences Inc. (GILD) Q3 (USD) Adj. EPS 2.55 (exp. 2.19), Revenue 8.30bln (exp. 7.80bln)
- Amazon.com Inc. (AMZN) Q3 2026 (USD): EPS 1.89 (exp. 1.97), Sales 201.9bln (exp. 202.2bln)
- Nvidia (NVDA) CEO Huang says Megaspeed did not divert chips to China and ties to firm under spying probe were 'normal'
Related headlines
- Top US admiral briefs US President Trump on Thursday about Iran attack options, WSJ reports1 hour ago
- Apple (AAPL) cuts Taiwan App Store commission rate to 26% 3 hours ago
- Google Cloud (GOOGL) launches Knowledge Catalog with expanded semantic model support from Looker, Snowflake (SNOW) and SAP (SAP)4 hours ago
- Newsquawk Daily US Earnings Estimates - 30th October 2026: CVX, XOM, GD, ABBV4 hours ago
- US President Trump says the US economy is booming at 3.4% growth, with consumer spending and business investment way up and equipment investment up 21%; ; core inflation remained low1 hour ago
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.78 LOWER AT USD 102.00/BBL2 hours ago
- US President Trump says Canada has been treating the US nicely lately2 hours ago
- US President Trump says the Fed hates to cut interest rates3 hours ago
- US Midterms (5 days out): Peltola campaign faces scrutiny over second “Dan Sullivan” on Alaska ballot; Democrats’ battleground early-vote lead narrows to D+64 hours ago
- Audi's (VOW3 FY) supervisory board is scheduled to hold an extraordinary meeting on Friday afternoon to discuss a planned US factory and the context of CEO Döllner's recent appearance with US President Trump, reports DPA citing sources4 hours ago
- Microsoft (MSFT) expects to raise roughly USD 25bln in US bond sale, according to reports4 hours ago
- US President Trump says he will talk to Brazilian President Lula. Reiterates criticism of the recent election6 hours ago
- Stryker (SYK) Q3 2026 (USD): Adj. EPS 3.52 (exp. 3.55), Revenue 6.5bln (exp. 6.62bln); to increase share buyback by USD 5bln28 min ago
- Exxon (XOM) and Chevron (CVX) cancel plans for their executives to travel to the UAE’s ADIPEC oil conference next week on security grounds, according to reports, citing sources3 hours ago
- Chevron (CVX) is back to searching for oil and gas in far-flung places, WSJ reports4 hours ago