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● Chip-equipment stocks are under pressure worldwide after Intel's weak outlook.
● AMD has no major company announcement; the move is a sector selloff.
● Intel warned PC chip sales would fall more than 20% sequentially this quarter.
● Alphabet spent a record $51.4 billion on capex in the third quarter.
● Cash and equivalents reached $485.5 million, up from $120.3 million at the end of 2025.
● Fourth-quarter sales are guided to $178 million, plus or minus $7 million.
● DoorDash shares closed 5.61% higher on Thursday, October 29.
● One brokerage upgraded DoorDash, while another downgraded Instacart to Neutral with a $65 target.
● Dell's last quarter showed recordRevenueof $47.0 billion and a $95 billion AI backlog.
● Fourth-quarter guidance points to slower growth, lowerMarginand lower EPS.
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