BOREARIS
MORNING BRIEF

Oct 30 Morning Brief2026-10-30

Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance

  • 43stories
  • 0bullish
  • 0bearish
  • 5sections
Oct 30 Morning Brief
Key points
  1. Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance
  2. Jim Cramer says Wall Street is punishing the wrong tech stocks
  3. Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise
  4. Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets
  5. South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC
KEY POINTS

What moved markets

01Neutral

Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance

Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance. Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

02Neutral

Jim Cramer says Wall Street is punishing the wrong tech stocks

Jim Cramer says Wall Street is punishing the wrong tech stocks. Disappointing results from one company don't necessarily signal trouble for an entire industry.

03Neutral

Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise

Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise. Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.

Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets

Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets. Etherscan records show wallets tied to the suspected Binance hack swapping freezable stablecoins for Ethereum on decentralized exchanges.

05Neutral

South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC

South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC. OCBC’s Sim Moh Siong and Christopher Wong note a sharp divergence between Korean equities and the Korean Won (KRW), with KOSPI’s strong semiconductor-led rally.

MOST MENTIONED

Markets in the news

How many stories mention each market, and how many read bullish or bearish.

THE NEWS

Five sections, 43 stories

Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance
NeutralCNBC

Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance

Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance. Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

NeutralBBC News

Google value plunges by $500bn as AI fears rattle Wall Street

  • Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad revenue.
NeutralCNBC

Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks

  • Reddit posts third-quarter earnings and reveals plans to require all users to create official accounts as Google search traffic shrinks
NeutralCNBC

Coinbase net income surges 66% in third quarter, benefiting from bitcoin investment gains

  • Coinbase posted better-than-expected earnings in the third quarter, largely due to a recovery in the cryptocurrency market.
NeutralCointelegraphBitcoin (BTC/USD)

Bitcoin price jumps to $81.5K as US GDP data beats expectations

BTC price action returned to a key weekly resistance level as US stock markets digested Alphabet’s Q3 earnings miss.

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Compiled by the Borearis Research Team from public news and market quotes, with AI-assisted summaries. For information only, not investment advice. Trading involves risk.