**JUST IN:** **Alphabet** falls **30%**, **Intel** crashes **30%** in a day, and **IBM** plunges **27%**

 **Alphabet ****$GOOGL**: Nearly **30%** below its peak as investors reassess its AI spending, competition and growth outlook.

 **Intel ****$INTC**: Drops around **30%** in one session after issuing a weak revenue outlook and warning it does not expect positive cash flow **this year**.

 **IBM ****$IBM**: Falls roughly **27%** over **two days** after a disappointing outlook raises concerns about future growth.

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