Technology

● Under a triple-net lease, the tenant typically pays property taxes, insurance and maintenance.

● Profit-taking was cited as the driver, and no closing figure was reported.

● Forty-one of 45 stocks in a software basket fell, erasing roughly $130 billion.

● Neither report tied the decline to the CFO appointment; AI caution drove the retreat.

● Fiscal 2030 targets include about $3.2 billion in revenue and non-GAAP EPS above $12.

SMX (Security Matters) Public Limited Company (NASDAQ:SMX), was among the hardest-hit names of the October 16, 2026 session. The shares closed at $1.890, down 47.50% on the day, cutting the stock nearly in half and extending a long, painful pattern that has come to …

● Concerns centered on memory maker CXMT's progress in advanced 4F2 DRAM technology.