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THE BRIEF

Intel Stock Plunges on PC Slowdown

Intel stock fell 21% after the chipmaker issued weak guidance citing PC market slowdown.

THE BRIEF

WHAT'S REPORTED

  • ▸Intel blamed a struggling PC market for its weak guidance despite emerging as an AI player. — CNBC Tech

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THE BRIEF
Today
TECHTHE BRIEF

Reddit Shares Sink on Guidance and Login Plan

Reddit shares fell after weak sales guidance and plans to test requiring logins for all users.

WHAT'S REPORTED

  • ▸Reddit plans to test requiring all users to create official accounts. — CNBC Tech
  • ▸Reddit reported third-quarter earnings with weak sales guidance as Google search traffic shrinks. — CNBC Tech
THE BRIEF
Yesterday
TECHTHE BRIEF

Sequoia-Backed IT Automation Startup

Sequoia-backed startup Serval, valued at $3 billion, automates office IT support tasks.

WHAT'S REPORTED

  • ▸Companies like Ramp and Notion rely on Serval to automate support tasks like password resets and app access. — Forbes Innovation
THE BRIEF
Yesterday
TECHTHE BRIEF

US Worker Engagement Hits 15-Year Low

A Gallup poll found US worker engagement fell to its lowest level since 2011.

WHAT'S REPORTED

  • ▸Remote and hybrid employees and AI are cited as primary factors in the engagement decline. — CNBC Tech
THE BRIEF
10/28/26
TECHTHE BRIEF

Stellantis Third-Quarter Cash Shortfall

Stellantis reported a 4 billion euro cash shortfall in the third quarter on October 28.

WHAT'S REPORTED

  • ▸The cash shortfall equals $4.5 billion. — CNBC Tech