Daily 7

Seven stocks to watch today, updated every weekday morning.

Finance · Daily 7

Seven stocks to watch

Updated Friday, October 30, 2026 · 8:45 AM ET

INTC
Intel
$68.99 -25.1%
Why
Falling very sharply in early trading after a weak outlook for the current quarter overshadowed a profit beat, as a prolonged personal computer slowdown and limits on manufacturing capacity raised doubts about the pace of any recovery.
Catalyst
Q3 earnings reported October 29: adjusted profit of $0.52 a share on revenue of $16.50 billion beat the $0.40 estimate, but fourth quarter guidance pointed to profit of $0.25 a share on revenue of $15 billion to $16 billion, well below estimates of $0.43 to $0.44 and about $17.1 billion.
Risk
Management warned the personal computer slowdown could continue through at least the first half of 2027, so further demand weakness would cut revenue while heavy factory spending continues.
Options angle
Bearish lean, puts, 1 to 2 weeks, on the guidance miss and the warning that the computer slowdown lasts into next year; the fall is extreme, premiums are elevated, and a short covering rebound could be sharp.
RDDT
Reddit
$101.99 -21.3%
Why
Falling very sharply in early trading even though quarterly revenue and profit beat expectations, as a softer outlook for the next quarter and a warning that falling search referrals could shrink daily users overshadowed 53% revenue growth.
Catalyst
Q3 earnings reported October 29: revenue rose 53% to $895 million and profit was $1.40 a share, both ahead of estimates, but fourth quarter revenue guidance of $1 billion to $1.03 billion missed the $1.05 billion estimate and daily users of 130.3 million missed the 134 million estimate.
Risk
Search referrals fell by more than 1 million a week in October as search engines answer more questions directly, and a low double digit drop in daily users this quarter would slow advertising growth.
Options angle
Bearish lean, puts, 1 to 2 weeks, on the guidance miss and the user warning; the shares have already fallen about a fifth, so any sign that user losses are smaller than feared could trigger a fast reversal.
AMZN
Amazon
$227.71 -6.6%
Why
Falling in early trading after quarterly revenue and profit came in just below expectations, as heavy spending on artificial intelligence and data centers, negative free cash flow and a holiday quarter outlook a touch light weighed on the shares.
Catalyst
Q3 earnings reported October 29: profit of $1.89 a share on sales of $201.94 billion missed estimates of $1.96 and $202.31 billion, cloud sales grew 39% to $46.0 billion, and fourth quarter sales guidance of $240 billion to $247 billion had a midpoint just below the $244.3 billion estimate.
Risk
The company is holding to about $220 billion of spending this year while trailing free cash flow has turned negative, so slower cloud or retail growth would leave that spending harder to justify.
Options angle
Bearish lean, puts, 1 to 2 weeks, on the double miss and light holiday guidance; cloud growth of 39% was the strongest in nearly five years and could draw buyers once the first wave of selling passes.
SNDK
SanDisk
$1,207.18 -9.2%
Why
Falling in early trading despite a strong quarterly beat, higher guidance and an announced eight for one stock split, as a broad selloff in chip and technology shares and profit taking after a very sharp yearly rally overwhelmed the results.
Catalyst
Fiscal Q1 earnings reported October 29: adjusted profit of $49.51 a share on revenue of $11.0 billion beat estimates of $46.22 and $10.7 billion, second quarter guidance pointed to revenue of $12.2 billion to $12.6 billion and profit of $55.00 to $57.00 a share, and the company announced an eight for one split.
Risk
Memory prices are cyclical and the stock had run up very sharply this year, so any sign that flash memory pricing is peaking would hit a richly valued name hard.
Options angle
Cautiously bearish lean, puts, 1 to 2 weeks, on sector selling and profit taking after a large run; the beat and raise and the split announcement are strong supports and could reverse the move quickly if chip shares stabilize.
RIVN
Rivian Automotive
$12.15 +6.1%
Why
Rising in early trading after quarterly revenue and a narrower loss beat expectations, as record deliveries, the new smaller SUV becoming its best seller and a raised delivery outlook stood out on a day when most reporting companies fell.
Catalyst
Q3 earnings reported October 29: revenue rose 38% to $2.16 billion and the adjusted loss of $0.48 a share beat estimates, deliveries reached a record 19,248 vehicles, and full year delivery guidance was raised to 67,000 to 70,000 vehicles while the capital spending forecast was cut by $300 million at the midpoint.
Risk
The car business still loses money, free cash flow was negative $1.12 billion in the quarter, and the company says production must rise well above current plans before it reaches overall profitability.
Options angle
Bullish lean, calls, 1 to 2 weeks, on the double beat and raised delivery guidance; the shares had just touched a 52 week low and the broader market selloff could still drag a loss making name down.
AAPL
Apple
$341.99 -2.0%
Why
Easing in early trading after closing near a record high the day before, when it stood out as a relative safe haven while other large technology shares fell, as attention turned to its own quarterly report next week.
Catalyst
Fiscal Q4 earnings are scheduled for November 2, with estimates near $1.98 a share on about $113 billion of revenue and company guidance for revenue growth of 9% to 11%.
Risk
The shares trade near 40 times trailing earnings after a rise of about 27% this year, so a report that merely meets expectations, or softer guidance on supply constraints, could prompt selling.
Options angle
Cautiously bearish lean, puts, 1 to 2 weeks, into the November 2 report given the high valuation and the recent run; the company has beaten estimates in each of its last eight quarters and a strong report could push the shares to new highs.
COIN
Coinbase Global
$150.75 -6.1%
Why
Falling in early trading after a surprise return to profit drew a closer look, as most of that profit came from gains on crypto holdings rather than trading, while revenue fell 35% from a year earlier and trading revenue dropped sharply.
Catalyst
Q3 earnings reported October 29: net income was $718.7 million, or $2.51 a share, against an expected loss, but about $715 million came from gains on crypto held as an investment, revenue was $1.22 billion, and fourth quarter subscription and services revenue was guided to $550 million to $630 million.
Risk
Trading activity remains well below last year, with consumer spot volume down 59%, and planned share sales by senior insiders covering about 6% of the shares add a further overhang.
Options angle
Bearish lean, puts, 1 to 2 weeks, on the quality of the headline profit and weak trading volumes; adjusted profit still beat expectations and prediction markets passed $200 million in annualized revenue, so sentiment can turn quickly if crypto prices rise.

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