31-October-2026
Corporate News
 
October Ends With a Thud for Intel, Reddit, AI Stalwarts
31-Oct-2026

Monday will ring in a brand-new trading month, a prospect that appeals to many after a doozy of a last session in October. A fresh test of this year’s technology rally sent the Nasdaq composite on Friday to its biggest decline since June. Chipmaker Intel and social media firm Reddit fell 29% and Sandisk, a chipmaker that has been one of the great beneficiaries of the AI capital-spending boom, dropped 13%.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-30/october-ends-with-a-thud-for-intel-reddit-ai-stalwarts