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Key HighlightsReddit Inc (NYSE:RDDT) chief executive Steve Huffman stated on the company'sEarnings Callthat Google's AI Mode no longer drives referral traffic to Reddit or, to his knowledge, to any website — the clearest public confirmation yet that the structural underpinnings of the consumer internet'sAdvertisingmodel …
● Intel flagged a PC slowdown tied to memory prices, a possibleMarginrisk.
● Rising memory prices could affect gross margins or pricing, an inference Apple has not addressed.
● Interest on client funds jumped 15% to $329.3 million at a 3.6% average yield.
● An authorization is not a contract, soRevenuedepends on agencies actually buying.
● Intel's weak guidance sent its shares down about 25% and triggered a global chip rout.
● Fiscal 2027 non-GAAP EPS guidance was cut to $2.25 to $2.50.
● Revenue of $917.4 million topped estimates and grew 13.2% from a year earlier.
● A delayed quote showed $101.20 on October 30, down 4.43% from $105.89.
● GrossMarginslipped to 6.55% from 6.90% on lower-margin GPU and AI-infrastructure products.
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