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@FluentInFinance@mastodon.social

2026-10-30 15:03 UTC

Wow. All of this since yesterday: September PCE inflation hit 3.6% year over year. Prices rose 0.5% for the month, and income after taxes and inflation fell 0.3%. Intel $INTC is down 28% Friday morning. Its finance chief expects weak PC demand through at least the first half of 2027. Alphabet $GOOGL dropped 13% Thursday, its worst day on record. Amazon $AMZN is down 2% Friday, after reporting negative $42.4 billion in free cash flow over the 12 months through September.

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