📢 Flash
On the Eve of the AI Bubble Burst
By Orange AI
Today is Saturday, October 31, 2026—U.S. markets just closed Friday.
The Nasdaq Composite fell 2.86%—not an extraordinary drop on its own, yet online sentiment turned overwhelmingly bearish.
Intel’s stock plunged 28.58% on Friday—the steepest single-day decline in its 40-year history—despite reporting Q3 EPS of $0.52, well above the consensus estimate of $0.40.
Just one day earlier, Google’s shares tumbled 12.64%, closing at $283.82—the largest single-day drop since its 2004 IPO—and wiping out nearly $500 billion in market cap. Yet overall revenue missed expectations by only 0.2%–0.4%; meanwhile, its cloud business revenue doubled year-on-year, and search query volume growth hit a five-year high.
SanDisk reported a 23% sequential increase in revenue, with adjusted EPS of $49.51.
Today is Saturday, October 31, 2026—U.S. markets just closed Friday.
The Nasdaq Composite fell 2.86%—not an extraordinary drop on its own, yet online sentiment turned overwhelmingly bearish.
Intel’s stock plunged 28.58% on Friday—the steepest single-day decline in its 40-year history—despite reporting Q3 EPS of $0.52, well above the consensus estimate of $0.40.
Just one day earlier, Google’s shares tumbled 12.64%, closing at $283.82—the largest single-day drop since its 2004 IPO—and wiping out nearly $500 billion in market cap. Yet overall revenue missed expectations by only 0.2%–0.4%; meanwhile, its cloud business revenue doubled year-on-year, and search query volume growth hit a five-year high.
SanDisk reported a 23% sequential increase in revenue, with adjusted EPS of $49.51.
