Futures tied to the Nasdaq-100 dropped Thursday evening after Amazon and Intel shares slid following the companies' latest quarterly results.
Nasdaq-100 futures lost 1.7%, while futures tied to the S&P 500 slid 0.7%. Dow futures fell 13 points.
Amazon shares lost 6% in extended trading after the company reported earnings and revenue for the third quarter that fell short of Wall Street's expectations. The company also posted negative free cash flow of $42.4 billion and maintained its 2026 capital expenditures forecast for $220 billion.
Intel slid 21% after issuing a weak outlook for the current quarter, pointing to a slowdown in PCs. Revenue in the company's client computing and physical artificial intelligence group declined 5% from the year-ago quarter to $8.1 billion.
Sandisk also fell in extended trading, down 3% even as its fiscal first quarter results beat estimates. The data storage company announced an eight-for-one forward stock split.