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● In a 45-stock software basket, 41 names fell, erasing roughly $130 billion in value.
YYForce Inc. (NASDAQ:YFOR) was among the session’s steep decliners on Friday, closing at $0.360 for a loss of 28.01% on the day. The drop deepened the volatility that has surrounded the Nasdaq-listed company, which trades under a ticker it adopted earlier in 2026 after …
● Fortinet, CrowdStrike, Palo Alto Networks, Okta and Qualys also fell.
● No company-specific news was reported for the NAND controller designer.
The U.S.-listed shares of SK Hynix (NASDAQ:SKHY) fell 6.58% on Friday, October 16, 2026, swept up in a broad semiconductor selloff that extended to an eighth straight session and left the memory group under heavy pressure. The move in the Korean memory giant’s ADR …
● Leveraged AI infrastructure names were sold as investors asked how AI will be financed.
● Selling deepened in the final hours, and the S&P 500 posted its steepest losses late.
● CEO Jensen Huang said AI chip orders keep growing and defended CoreWeave.
● Palo Alto Networks ranked among Friday's hardest-hit cybersecurity stocks as investors pulled back from technology.
● Roughly $34 billion to $35 billion in market value was erased in a single session.
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