Key Highlights

  • Intel (NASDAQ:INTC) was down about 25% in premarket on October 30, 2026 as a Q4 Revenue guide of USD 15.0 billion to USD 16.0 billion trailed earlier estimates near USD 17.1 billion, despite Q3 adjusted EPS of USD 0.52 beating USD 0.40.
  • Reddit (NYSE:RDDT) was indicated about 20% to 23% lower in premarket after Q3 revenue of USD 895 million beat, because the Q4 revenue guide of USD 1.00 billion to USD 1.03 billion sits below the USD 1.05 billion consensus.
  • Sandisk (NASDAQ:SNDK) fell 8.05% to 8.3% in premarket despite quarterly revenue of USD 11.0 billion, with a Q2 revenue guide of USD 12.2 billion to USD 12.6 billion read by the market as a peak-pricing signal.
  • Pinterest (NYSE:PINS) fell 12% to 13% after hours on October 29, 2026 after Q3 EPS of USD 0.46 and revenue of USD 1.17 billion missed, with Q4 revenue guided to USD 1.425 billion to USD 1.475 billion.

Intel (NASDAQ:INTC): Strong data center, weak guide

Intel (NASDAQ:INTC) reported results after the close on October 29, 2026. Q3 adjusted EPS was USD 0.52 against a USD 0.40 estimate, and revenue was USD 16.5 billion, up 21% year over year. Data Center revenue climbed nearly 80% to USD 7.3 billion. The problem sits in the forward numbers: the Q4 revenue guide of USD 15.0 billion to USD 16.0 billion and non-GAAP EPS guide of USD 0.25 fell short of expectations. Earlier estimates, as cited in several summaries, were about USD 17.1 billion and USD 0.43 to USD 0.44. The premarket quote of USD 68.44 compares with a prior close of about USD 92.07, a figure derived by simple arithmetic from the quoted decline. Markets price the next several quarters, not the one just finished. A guide below consensus resets those expectations, so a strong quarter can still trigger a sharp repricing when the outlook disappoints. The cause is reported to be sluggish PC demand, which comes from published market commentary rather than a company statement we could verify. The warning spread beyond one name: Dell fell about 10%, HP about 8%, and Hewlett Packard Enterprise and Super Micro about 5% to 6% in premarket.

Reddit (NYSE:RDDT): Revenue beat, guide below consensus

Reddit (NYSE:RDDT) reported Q3 results after the close on October 29, 2026. Revenue of USD 895 million rose 53% and beat estimates, EPS was USD 1.40, and daily active users reached 130.3 million, up 12%. The shares nonetheless fell in the after-hours session, by 16% to 17%, and the premarket decline widened to 'over 20%' and about 23% on one page. That premarket range comes from a single page, so it should be treated as provisional. The quarter's results were therefore overshadowed by what management said about the months ahead, which is where investors focused. Strong growth did not protect the stock. The reaction shows how much weight guidance carries when expectations are high. The Q4 revenue guide of USD 1.00 billion to USD 1.03 billion sits below the USD 1.05 billion consensus, even at the top of the range. The more worrying comment came from the CEO, who warned that Q4 daily active visitors could fall by low double digits if search referral traffic keeps declining. Reddit relies on search engines to bring in logged-out visitors, many of whom later sign up, so a drop in referrals can reduce the audience that advertisers pay to reach. A report of a change to logged-out access is one-account and unconfirmed.

Sandisk (NASDAQ:SNDK): Record-type results, pricing-peak worry

Sandisk (NASDAQ:SNDK) reported results after the close on October 29, 2026. Revenue was USD 11.0 billion and the guide for the next quarter is USD 12.2 billion to 12.6 billion, both confirmed in two accounts. Data center revenue rose 61% to USD 4.8 billion and non-GAAP gross Margin was 85.1%. The company also announced an 8-for-1 stock split. Even so, shares fell between 8.05% and 8.3% in Friday premarket. Earnings Per Share conflict across accounts, USD 52.60 in one and USD 49.51 in another, so we do not cite either as final. A split changes the share count and price per share, not the value of the company. Memory makers earn the most when Supply is tight and contract prices rise. Sandisk (NASDAQ:SNDK) sells NAND flash, so its margins move with those prices. Investors fear pricing may be near a peak, and a gross margin of 85.1% leaves little room to improve further. Read-across from peers added pressure: SK hynix ADRs fell more than 7%, and Kioxia's operating profit guide of 2 trillion yen for its fiscal third quarter was below a consensus of 2.35 trillion yen, according to one account.

Pinterest (NYSE:PINS): Miss plus light Q4 guide

Pinterest (NYSE:PINS) reported Q3 results after the close on October 29, 2026. EPS was USD 0.46 and revenue was USD 1.17 billion, both below expectations, according to one detailed account. The stock fell between 12% and 13% after hours. The Q4 outlook was also light, with revenue guided to USD 1.425 billion to 1.475 billion and adjusted EBITDA to USD 538 million to 588 million, both trailing estimates. The account links this to AI search spending and softer ad pricing. Consensus numbers were not given to us in full, so the size of the miss is not quantified here. After-hours moves can change at the open. Pinterest (NYSE:PINS) earns almost all of its income from advertising, so revenue depends on the number of ads shown and the price advertisers pay for each. Softer pricing lowers revenue even when usage holds. Adjusted EBITDA measures operating profit before certain costs, and a guide below estimates suggests expenses are rising as the company spends on AI-driven search. Investors usually pay more for margin expansion, so a light EBITDA guide can weigh on the shares as much as the revenue shortfall.

Where Things Stand

The answer is that investors paid for the outlook, and each outlook disappointed in a different way. Intel (NASDAQ:INTC) guided below estimates, Reddit guided below consensus and warned on search traffic, Sandisk met a peak-pricing worry, and Pinterest missed and guided light. All moves are snapshots that can change at the 9:30 a.m. ET open on October 30, 2026. The company releases and analyst notes are the next catalysts. This is not Investment advice.