Nasdaq-100 futures fall as Amazon and Intel swoon after earnings: Live updates

Nasdaq-100 futures dropped 1.7% Thursday evening after Amazon and Intel shares slid following their latest quarterly earnings reports, putting two of the index's heavyweight names at the center of a sharp after-hours risk-off move.

The 1.7% decline in futures tied to the Nasdaq-100 is the headline figure, and it arrived directly on the back of the Amazon and Intel results. Both stocks tumbled after the companies posted their numbers, and the index-level reaction suggests the market treated the two reports as more than isolated company stories.

Interpretation: a move of this size in index futures from just two reporters points to Amazon's weight in the Nasdaq-100 as a likely driver, with Intel's decline adding to the pressure. That is analysis of the evidence, not a confirmed attribution of the futures drop to either company individually.

The timing matters for positioning. The selloff unfolded in Thursday evening trading, meaning the damage hit after the regular session closed. Traders holding Nasdaq-100 exposure, or single-name positions in Amazon and Intel, face the next cash-market open with a gap-down scenario already priced into futures.