NewsSignals AI analysis·WallstreetCN·Oct 29, 2026

US PCE Hits 3.6% as Intel Plunges Over 20% After Hours

Grade Sbearish AI signal$NAS100$SPX500

Intel fell more than 20% in after-hours trading after issuing Q4 guidance that was far below expectations. The company also faced an explosion at an Israel plant, weak PC demand, and constrained AI chip supply. The broader US equity backdrop weakened: the Nasdaq fell 1.4%, the S&P 500 ended a three-session winning streak, and cloud-service stocks broadly declined. Amazon reported Q3 net sales of $201.9 billion, below expectations, while EPS fell 3% year-on-year to $1.89. Its capital spending reached $77.26 billion, above expectations, and free cash flow was negative for a second consecutive quarter. US September PCE inflation rose 3.6% year-on-year, the highest since May, while core PCE rose to 3.1%. The personal saving rate fell to its lowest level since October 2022. Third-quarter real GDP grew at a 3.4% annualized quarter-on-quarter rate, the highest in a year and above expectations; business investment rose 12.7%, the strongest increase since 2020. The Bank of Japan is expected to announce its rate decision on Friday, with rates expected to remain unchanged.

Bullish strength: 28/100

U.S. GDP grows 3.4%, with business investment expanding significantly

Bearish strength: 72/100

Nasdaq falls 1.4%, with tech and cloud service stocks broadly under pressure
Intel plunges more than 20% after hours, weighing on semiconductor sentiment

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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