The Nasdaq tumbled to its lowest in nearly three months on Friday after Amazon's aggressive AI spending ​plan and Intel's cash burn warning intensified concerns over mounting costs of AI infrastructure buildout and the timeline for returns.

AstraZeneca's third-quarter sales and profit beat expectations. Its shares rose about 3% in morning trade. The company maintained its 2026 outlook.

Spot gold fell 1% to $3,980.40. The metal has lost 4.3% this month. Inflation worries reinforced expectations of Federal Reserve rate hikes.

QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other ​producers as part of a trading strategy designed to generate revenue if exports through the Strait of Hormuz are disrupted in the future, CEO Saad Sherida Al-Kaabi told Reuters on Thursday.

US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading, released a day after the US Federal Reserve kept interest rates unchanged.

Stellantis expects to return to positive cash flow in 2027. Its CFO said the automaker will exceed its €6 billion cost-reduction target for 2028.

UPS is focusing on higher-margin business. Domestic revenue is up 3% in the fourth quarter. International revenue is up 7%.

A US judge said Eli Lilly's advertisements had only a negligible effect on Novo Nordisk. Prescriptions for Novo Nordisk's products held steady.

SK Hynix said it is reviewing various shareholder return measures and plans to announce them alongside its third-quarter earnings on Wednesday. The statement followed a media report that the company may pay a special dividend of about 16 trillion won.