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Tech sell‑off deepens as Amazon and Intel miss earnings, Binance hit by $6.3 B hack
Amazon reported a double miss on EPS and revenue, sending its shares down over 7% pre‑market, while Intel warned of a PC slowdown and fell 25% pre‑market. The broader tech market slid, with the Nasdaq 100 futures down 2.37%. Binance disclosed the largest crypto hack ever, affecting $6.3 billion in assets; the exchange froze $3 billion, Circle $800 million and Tether $1.56 billion. Co‑CEO Richard Teng cited a compromised DevOps engineer’s laptop as the source and suggested the loss would be covered. Bitcoin slipped below $78,000 amid the breach. Analysts urged caution on regulatory responses. Energy earnings were also highlighted, with Chevron beating forecasts and ExxonMobil projecting a 112% EPS jump.