Twilio Shares Fall 15.24% as U.S. Indexes Close Lower Friday

Twilio shares dropped 15.24% as U.S. stocks ended lower Friday, Oct. 30, with four other AI-related companies also losing more than 10% during a weak session for major indexes. The Dow Jones Industrial Average fell 1.09%, and the S&P 500 declined 1.82%. The Nasdaq Composite lost 2.86%. The VIX rose 12.91%. Astera Labs fell 10.93%, while Advanced Micro Devices (AMD) dropped 10.88%. Dell declined 10.77%, and Marvell fell 10.05%. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost