Squawk on the Street Squawk on the Street

10AM Hour: Intel Plummets, Amazon’s Earnings Miss, Largest Crypto Heist Ever 10/30/26

Oct 30, 2026 · 43m

Summary

This episode covers a significant tech sell-off driven by AI concerns, featuring analysis on Intel's weak guidance and Amazon's massive capital expenditure plans. Citi's Scott Kronert defends his bullish year-end market thesis despite the volatility, while the show details the record $6 billion Binance hack attributed to North Korean hackers. The segment also includes a CNBC investigation into potential manipulation in prediction markets ahead of the midterm elections.

Topics discussed

Sponsorships: WISE and Schwab Trading AI's impact on GDP, bond markets, and employment Intel earnings analysis and tech sell-off Sponsorships: Vantage Score, Schwab, and Alloy Market outlook with Citi's Scott Kroner Sponsorships: Schwab Trading and Alloy Binance hack investigation with Blockade CEO News: Trump rallies and market close recap Amazon and Google earnings and cloud growth Investigation: Manipulation in prediction markets Options market analysis with Oliver Rennick Disclaimer and closing remarks
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