Source: Anthropic is "Customer B" cited by SpaceX in a filing as its single largest customer accounting for 34.5% of Q3 revenue, surpassing the US government (Bloomberg)

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  Investor concern over weak audience expansion and softer upcoming sales overshadowed strong top-line growth during the latest financial period. To bolster its ecosystem, the social media platform is enacting a significant structural shift by eliminating guest browsing. Requiring mandatory accounts will fundamentally alter how visitors interact with the site after years of open public access.

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• Amazon spent $77B+ on property and equipment in Q3, leading to a free cash outflow of $42.4B; Amazon said in July that it would likely spend $220B in 2026 capex (Matt Day/Bloomberg)

  Massive infrastructure investments substantially surpassed market expectations, driving the tech giant into negative cash flow territory for the third quarter. This aggressive resource allocation marks an acceleration toward the company's ambitious long-term capacity and expansion goals. Such extensive capital deployment highlights an intensifying commitment to funding major property and hardware assets well into the future.

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• Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 revenue and adjusted EPS below estimates; INTC drops 16%+ after hours (Katie Tarasov/CNBC)

  Persistent weakness across the worldwide personal computer sector continues to hamper the semiconductor giant's forward momentum. Despite meeting top-line targets for the third quarter, management provided an uninspiring near-term projection that severely dampened investor sentiment. The resulting market sell-off highlights how heavily Wall Street prioritizes upcoming quarterly performance over past operational results.

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