00:00Intel fell 28.6% today as its quarterly results coincided with a broader technology sell-off,
00:07though no confirmed company-specific catalyst fully explains the decline.
00:12Yahoo reported that Intel's results helped trigger selling across major chipmakers.
00:18The company still beat earnings estimates, reporting adjusted EPS of $0 and $0.52 against $0
00:27and $0.40 expected, while warning that the PC slowdown would continue through at least
00:33the first half of next year. Why it matters. Even an earnings beat offered little protection
00:40during a sharp reassessment of technology stocks. Reddit plunged 29.3% today as weaker user growth.
00:49Softer guidance and pressure from AI-powered search challenged its growth story.
00:53According to Yahoo, the company's chief executive warned that Google's AI-powered
01:00search features were reducing referrals, while another Yahoo report highlighted weaker-than-expected
01:06user growth. That reaction came even though Reddit reported revenue growth of 53% and diluted EPS
01:14of $1.40. Why it matters. Investors focused less on the strong quarter and more on whether traffic
01:23and user growth can sustain the business. Illumina dropped 18.6% today after quarterly revenue missed
01:31consensus, despite an earnings beat and higher full-year guidance. Yahoo reported that revenue of
01:38$1.13 billion came in light, while adjusted EPS exceeded expectations. The company's filing also
01:47showed that it raised its full-year revenue and earnings outlook, making the sell-off a sharp
01:52contrast with the stronger forward guidance. Why it matters. The reaction showed that investors
01:59were unwilling to overlook a revenue shortfall, even when profitability and management's outlook
02:05improved. Twilio slid 14.9% today, as concern about slower fourth-quarter growth, outweighed a strong
02:14third quarter. Yahoo reported that revenue reached $1.56 billion, ahead of the $1.52 billion analysts
02:23expected, while adjusted EPS also beat estimates. But the company's fourth-quarter outlook implied
02:31organic revenue growth of 11% to 12%, below the third quarter's 16% pace. Why it matters. This was
02:41another technology earnings beat that investors discounted, because the forward growth profile
02:47carried more weight than the quarter already completed. Against that backdrop, the Nasdaq fell
02:543.0%, the S and P500 lost 1.8%, and technology sank 4.9%, while energy gained 1.9%. Intel's
03:06results
03:07landed during a broad technology route, but its own collapse still has no confirmed company-specific
03:13catalyst. Reddit, Illumina, and Twilio fell for separate, clearly reported concerns. If you found this
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