BBC reporting after October 30’s close put the Nasdaq down 2.8%, Intel down 28% and Reddit down 29%. Concerns combined enormous AI investment with earnings and cash flow that did not always meet expectations. Alphabet said AI search summaries were affecting search advertising, while Reddit warned about referral traffic. Intel was increasing capital spending despite weaker PC demand. These closing figures should not be mixed with earlier intraday reports. The Nasdaq remained above its year-earlier level, so the sell-off alone does not establish a completed bubble collapse.