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Friday's Tech Selloff: S&P 500 Falls 1.82% as AI Spending Fears Hit Intel, Nasdaq and the Chips
The Friday that collided two Octobers October had two personalities, and Friday was the day they collided. If you only looked at the Dow, October was a perfectly decent month — it gained about 1.7%. If you looked at the Nasdaq, you saw a 5.3% drop, its worst month since March 2025. Then came Friday: Intel reported a weak fourth-quarter outlook and the stock lost roughly 28% in morning...
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