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● An authorization is not a contract, soRevenuedepends on agencies actually buying.
● Intel's weak guidance sent its shares down about 25% and triggered a global chip rout.
● Fiscal 2027 non-GAAP EPS guidance was cut to $2.25 to $2.50.
● Revenue of $917.4 million topped estimates and grew 13.2% from a year earlier.
● A delayed quote showed $101.20 on October 30, down 4.43% from $105.89.
● GrossMarginslipped to 6.55% from 6.90% on lower-margin GPU and AI-infrastructure products.
● A brokerage upgraded the stock to Buy with a $1,700 price target.
● Capex of $45.2 billion stayed below projections while freeCash Flowremained positive.
● Intel fell about 25%, Amazon about 7% and Alphabet 12.6% on spending and cash-flow worries.
● Alphabet's worst day since its 2004 IPO and Amazon's capex plan raised spending worries.
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