The BBC article's datePublished is 2026-10-30T14:50:37.797Z, 22:50 in Beijing. dateModified is 2026-10-30T20:34:46.236Z, 04:34 in Beijing on 31 October. Both stamps sit inside this edition's window. The byline is 30 October. Closing sentences in the body, including the Nasdaq finish and prices at the end of Friday trading, are not pinned to the 14:50 stamp. 20:34 UTC is after the regular US cash close. This column reports the figures the page carries now.
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The body says technology shares fell for a second day. Intel fell 28% on Friday, and more than $130 billion of market value came off. Alphabet fell another 1.4% on Friday after a 12% drop on Thursday. The Thursday move is described as more than $500 billion off the market value, after the company said the AI summaries at the top of search were affecting core search advertising. The Nasdaq's October finish is called the worst monthly slide since March 2025. The closing line is down 2.8% on the day, and up 7.8% over the last year. Amazon is up nearly 8% over the past 12 months, and Alphabet is down 1.3%. Those percentages are the article's comparisons, not a verbatim exchange notice.
[1]The spending figures are a second set. The article places them next to the share prices and does not present them as one table. Meta, Alphabet, Oracle, Amazon, and Microsoft are described as committing $800 billion between them in 2026. Alphabet expects to spend up to $205 billion this year, almost entirely related to AI. Amazon has committed $220 billion this year, toward data centres, network equipment, and servers. The article also says Amazon disclosed on Thursday that it had spent more cash than it brought in, and that spending had increased six-fold over three months. The base of that six-fold change is not printed. At the end of Friday trading Amazon was still down 1.4%, after recovering some overnight losses. Reddit fell 29%, which the article ties to weaker-than-expected daily users and to Google's AI search hurting referral traffic. Roblox fell 18%, with daily users down.
[1]On Intel, finance chief David Zinsner is reported as saying, in the third-quarter report, that the firm did not expect to bring in more cash than it spent this year, and that fourth-quarter revenue was forecast below expectations. The PC slowdown was expected to continue at least through the first half of next year. Equipment investment ramped up in the third quarter and was expected to be even more significant over the following three months. The company still planned to increase AI spending while computer demand was weaker. That is the article's account of the report and the call.
[1]The quotations are analysts' judgments, not trades. Chris Low of FHN Financial told Reuters that companies such as Amazon and Google were showing significant growing pains while pursuing the AI build-out, and that the signs suggested the sector would slow down. Kathleen Brookes of XTB said investors had turned ruthless, punishing signs of disappointment in third-quarter earnings, with Alphabet and Intel in the crosshairs. She also said November is typically a strong month for stocks, and that continued struggle in the coming days could suggest the AI trade is past its peak. The article notes that many of these market values remain well above where they were a year ago. A bubble is a fear described in the piece, not a conclusion the piece demonstrates. A same-day article's $740 billion total and a 2.9% Nasdaq print are not folded into these figures. The six-fold line does not name the earlier spending level, and the $800 billion group includes Oracle.
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