European shares dip as Amazon, Intel stoke AI cash-burn fears

Investing.com - European shares fell on Friday as a trio of tech earnings reports sent investors scrambling for safety, though the pan-European {{None|STOXX 600}} is still on track for its best month since June. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The index fell 0.25%, extending a global tech rout that began with Alphabet and deepened after Amazon and Intel reported. Technology shares across Europe were not spared. Germany's DAX fell 0.4%, while France's CAC 40 fell 0.1%. London's FTSE 100 gained 0.3%. Alphabet reported a revenue miss and a swing to negative free cash flow, Amazon reported free cash flow of negative $42.