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Intel plunges after weak PC outlook, Reddit falls on forum access changes, Regeneron rises after stronger-than-expected Q3 revenue and profit.
Editorial companion
Bloomberg’s roundup highlights a dramatic split: Intel suffered an intraday collapse, falling as much as 30 percent after management cut its outlook and blamed weak PC demand, while Regeneron jumped after reporting a third quarter that beat revenue and profit expectations. The scale of Intel’s drop, the largest intraday move the clip notes since at least 1982, is the headline because it happened on an earnings day and reflects a fresh downgrade to the company’s near-term profile. The clip also flags Reddit’s sharp decline after plans to limit forum access, underlining how user-policy moves can become market events.
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