Source: International Business Times
A photo taken on June 12, 2026 shows the logo of US online retail giant Amazon on a smartphone screen (bottom) and an Amazon logo on a laptop screen in Frankfurt am Main, western Germany. Getty Images Amazon and Intel shares tumbled on Friday after their latest earnings reports raised fresh concerns about the cost of technology investments and whether companies can deliver the returns investors expect. Amazon fell about 3%, pairing earlier losses, while Intel plunged more 25%, putting additional pressure on technology stocks after a difficult week for some of the industry's biggest names.
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