Wall Street Breakfast Podcast: The Biggest Heist In History

Impact · against what's priced in

Intel is the primary casualty here, as Q4 guidance confirms a PC market slowdown that triggers the bear case the market previously only partially considered. Reddit's traffic struggles reinforce the deceleration already assumed by the price, while the Binance breach introduces systemic risk to the crypto sector.

INTC−0.90

Challenges what's priced in

The price assumes

A deeper collapse in server CPU market share due to Nvidia's new standalone Vera chip, which the bear models at $75 to $84 argue would cost the stock another 16-25%.