Oct 30, 2026, 10:00 PM UTC

Major US stock market indexes fell sharply on Friday following disappointing quarterly earnings from leading technology companies, deepening investor anxiety over heavy investments in artificial intelligence. The tech-heavy Nasdaq experienced a steep decline, erasing nearly $1 trillion in market value over a single week.

Semiconductor manufacturer Intel saw its stock plunge up to 30 percent after issuing weak market forecasts alongside plans for increased AI capital expenditure. Other major tech firms, including Alphabet and Amazon, also faced sharp losses, with Alphabet dropping over 10 percent following its financial report.

The sell-off reflects mounting skepticism among Wall Street investors regarding when massive corporate AI infrastructure spending will translate into sustainable profits, pushing key market benchmarks toward technical correction territory.

Sources: BBC News, Bloomberg, Sweden Herald, The Guardian

A political and legal dispute has erupted over Poland’s Constitutional Tribunal after Judge Anna Korwin-Piotrowska suspended the court's president, Bogdan Święczkowski, and vice-president, Bartłomiej Sochański, for one month.

Invoking a state of constitutional necessity, Korwin-Piotrowska asserted her authority as the tribunal's most senior magistrate to assume temporary leadership. She accused the leadership of obstructing parliamentary-appointed judges and violating rules for assigning judicial panels. Following her orders, Warsaw police officers entered the tribunal grounds.

Concurrently, Polish Justice Minister Waldemar Żurek requested that immunity be lifted for both Święczkowski and Sochański to allow prosecutors to pursue criminal charges against them.

Sources: TVP info, The Insider, BBC News.