U.S. futures fell Friday as Amazon, Intel and Alphabet declined, fueling concerns about artificial intelligence spending and growth. S&P 500 futures dropped 1%, Nasdaq futures fell 2.3%, and Dow Jones futures were unchanged. Alphabet sank more than 12% after reporting weaker-than-expected summer growth, while Amazon lost nearly 7% on cautious sales guidance and Intel slumped more than 25% because of continued weakness in the personal computer market. Bitcoin fell about 3% to $77,695 after a $6.36 billion hack at Binance, which temporarily suspended withdrawals and deposits. U.S. crude gained 2.1% to $104.13 a barrel and Brent climbed 2.5% to $113.51 amid tensions affecting the Strait of Hormuz.
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