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Tech stocks plunge in October; investors debate if it's time to buy the dip in November

Market News
02 Nov 2026, 14:10 WIB
Market Watch
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Bearish
Tech stocks plunge in October; investors debate if it's time to buy the dip in November

Tech stocks faced a harsh October with major declines, including Intel's worst single-day drop in over 40 years and significant losses for Alphabet. The Nasdaq experienced its worst month since March 2025, raising concerns about the impact of AI financing costs on the bond market. Investors are now considering whether November presents a buying opportunity amid this volatility, with attention on Apple's performance and potential effects of upcoming midterm elections on the market.

Intel shares are trading at USD 65.22 on Pluang as of Nov 02, 2026 19:21 WIB, down 0.82% for the day. Alphabet's stock price is USD 282.54, showing a 0.96% gain in the same period. These figures highlight ongoing volatility in major tech stocks following a difficult October.

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