INTC plunges -29% : Buy, Bail or Trap ?
@JC888:
On Thu, 29 Oct 2026, $Intel(INTC)$ reported its Q3 earnings after market closed for the day. On Fri, 30 Oct 2026 morning, when trading resumed - INTC suffered a massive selloff, opening down roughly -25.8% at $68.36 per share. (see below) Based on subsequent media coverage and corroborating earnings reports, market's reaction to INTC was driven primarily by a major guidance miss, rather than the quarterly results reported on Thursday evening. What happened ? On surface, INTC handed in a solid Q3 2026 earnings report card: Adjusted EPS: $0.52 vs $0.40 expected Revenue: $16.51 billion vs $16.5 billion expected Revenue grew about +21% YoY. On a normal day, those numbers would have been viewed positively. However, investors focused on INTC's Q4 foreca
