U.S. stocks dive Friday on AI spending fears as Amazon, Intel results disappoint; Nasdaq falls nearly 3%

[The Information] U.S. stocks dropped sharply Friday as disappointing quarterly results from Amazon and Intel intensified the tech selloff of the past two days. The Nasdaq Composite dropped almost 3%, while the S&P 500 dropped almost 2% and the Dow Jones Industrial Average dropped 1%. The tech-heavy Nasdaq ...