In October, major Big Tech companies including Alphabet, Meta, Marvell Technology, and Intel saw significant stock declines, with Intel dropping 44.6%. The selloff is driven by concerns over AI-related borrowing, spending, and the uncertain returns on massive AI capital expenditures. Recent weak earnings reports from Alphabet and Meta added to the negative sentiment. However, seasonal market trends suggest November and December could bring some recovery, and any easing of Middle East tensions might support oil prices and overall equities.
As of Nov 03, 2026 03:02 WIB, Alphabet (GOOGL) is trading at USD 282.94 with a 1-day gain of 1.11%, showing some resilience after recent declines. Meta (META) is slightly down by 0.53% at USD 611.73, while Marvell Technology (MRVL) and Intel (INTC) continue to face pressure, down 12.98% and 8.11% respectively. Notably, Intel's dividend yield stands at 2.24%, the highest among these tech giants on Pluang.
Amazon.com and Alphabet Inc. receive Hold ratings with 2028 price targets of $265 and $296, reflecting modest upside. Both companies are heavily investing in AI infrastructure, driving exceptional cloud revenue growth and high margins. However, risin...
The Direxion Daily GOOGL Bull 2X ETF (GGLL) experienced a sharp sell-off after Alphabet's Q3 2026 earnings report, creating a buying opportunity. Despite short-term margin pressure from TPU inventory buildup, Alphabet's strong Google Cloud growth and...
Snap has settled a lawsuit brought by two teenagers who alleged that the company designed Snapchat to be addictive, contributing to their depression, anxiety, and eating disorders. This case was part of broader litigation against social media firms l...
Meta and Alphabet both reported negative free cash flow in Q3 due to heavy capital expenditures, despite revenue growth in their core businesses. Meta's ad revenue rose 26.1%, boosted by AI-enhanced ad pricing, while Alphabet saw strong growth in Goo...
AI companies like Alphabet, Amazon, Microsoft, and Meta are seeing strong revenue growth but are also spending heavily on AI infrastructure, often burning through cash. Free cash flow, which measures cash left after operating expenses and capital inv...
