Top Stock Movers Now: Amazon, Intel, Snap, and More

U.S. equities cratered astatine midday Friday aft nan authorities reported less jobs were created successful July than expected, raising concerns astir nan spot of nan U.S. economy. The Dow and S&P 500 mislaid astir 2%, and nan Nasdaq sank astir 3%.

Intel (INTC) shares plunged aft nan chipmaker reported a wider-than-expected loss and announced it would slash 15% of its workforce successful an effort to trim costs. The news dragged down different semiconductor stocks arsenic well.

Amazon (AMZN) shares sank arsenic nan online retailer’s revenue and guidance were short of forecasts connected weaker-than-anticipated user purchases.

Shares of Snap (SNAP) plummeted aft nan usability of nan Snapchat societal media level besides posted gross and guidance that missed expectations, citing a softer advertizing environment. 

Apple (AAPL) shares were higher aft nan iPhone maker's iPad income and services gross jumped.

Shares of GoDaddy (GDDY) precocious arsenic nan net domain registrar hit income estimates and boosted its outlook, citing beardown demand.

Clorox (CLX) shares roseate aft nan cleaning products shaper exceeded net expectations connected higher prices and costs cuts. 

Oil and golden futures dropped. The output connected nan 10-year Treasury statement tumbled. The U.S. dollar mislaid crushed to nan euro, pound, and yen. Prices for astir awesome cryptocurrencies fell.