The earnings: Amazon + 4,5% & Intel – 12,9%

AMAZON: Shares -4.5% on the earnings – AMAZON SEES 3Q OPER INCOME $11.5B TO $15.0B, EST. $15.66B – AMAZON SEES 3Q NET SALES $154.0B TO $158.5B, EST. $158.43B – AMAZON SEES 3Q OPER INCOME $11.5B TO $15.0B, EST. $15.66B

INTEL: Shares -12.9% after hours on the guidance – INTEL SEES 3Q REV. $12.5B TO $13.5B, EST. $14.38B – INTEL ANNOUNCES $10B COST REDUCTION PLAN

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