--- format: "aidr-story-markdown/v1" id: "447e3045f562518785540342886e1e88d0b08e69b9be158cd5769fb065505aaa" canonical_url: "https://aidr.today/447e3045?lang=en" title: "AI Stock Selloff Pushes Alphabet and Amazon Into Bear Market Territory" lang: "en" requested_lang: "en" available_langs: ["en","vi"] translation_fallback: null fallback_fields: [] published_at: "2026-10-30T17:09:11.000Z" category: "Industry" topics: ["amazon","google"] source_urls: ["https://huggingnews.com/us-markets/ai-stock-selloff-pushes-alphabet-and-amazon-into-bear-market-territory-025c6223","https://x.com/clashreport/status/2116198479362183514","https://x.com/BullTheoryio/status/2116187073669677194","https://x.com/KobeissiLetter/status/2116179386030342497","https://x.com/GlobalMktObserv/status/2115059125604266237","https://x.com/BlakeMillardCFA/status/2115045092092150083","https://x.com/awealthofcs/status/2115803766314397961","https://x.com/MelvinInvests/status/2116197671350215156"] summary: "A downturn in artificial intelligence valuations has pushed more than 60% of S&P 500 companies below 20% of their peak values, sending 21 large-cap tech names including Amazon, Meta, and Alphabet into bear market territory. The Nasdaq 100 has lost approximately $5T in market value since Oct. 6, following corporate earnings that raised concerns over AI infrastructure costs. Amazon projects $220B in capital expenditures this year, while Intel's fourth quarter revenue guidance missed expectations by $1.1B, prompting investors to rotate out of growth stocks." --- # AI Stock Selloff Pushes Alphabet and Amazon Into Bear Market Territory > [Open the canonical story]() **Published:** 2026-10-30T17:09:11.000Z **Category:** Industry **Topics:** amazon, google ## Summary A downturn in artificial intelligence valuations has pushed more than 60% of S&P 500 companies below 20% of their peak values, sending 21 large\-cap tech names including Amazon, Meta, and Alphabet into bear market territory\. The Nasdaq 100 has lost approximately $5T in market value since Oct\. 6, following corporate earnings that raised concerns over AI infrastructure costs\. Amazon projects $220B in capital expenditures this year, while Intel's fourth quarter revenue guidance missed expectations by $1\.1B, prompting investors to rotate out of growth stocks\. ## Sources - [Story source]() - [Story source]() - [Supporting source]() - [Supporting source]() - [Supporting source]() - [Supporting source]() - [Supporting source]() - [Supporting source]()