Heist Day
Binance loses $6.3 billion to hackers, Reddit wants everyone logged in, and Nvidia's CEO lands in a spy story.
The 10
Ranked by how many sources covered it-
Tech selloff deepens again as Amazon fell about 7% on higher-than-expected capital spending and Intel dropped more than 20% on its forecast, extending a second day of losses as investors rotate out of the AI trade.
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Intel plunges on weak guidance, with shares down about 20% after its revenue forecast missed estimates. It blamed sputtering PC processor demand and supply-chain problems with data center parts, even though it beat expectations in the quarter just reported, as the AI boom's ripple effects hit.
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Markets · Thu, Oct 29 US indexes opened lower on mixed earnings and inflation data, though the wrap headlines don't say how the session ended.
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