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Nasdaq falls into correction as Nasdaq Inc. hits record high
The Nasdaq-100 slipped into a correction, falling 10.4% below its Oct. 6 record, while Nasdaq Inc. (NDAQ) stock reached an all‑time high of $107.96. Intel dropped 28.6% in a single session, AMD fell 10.9%, and chip stocks fell 7.2% overall. Nasdaq’s revenue rose 14% to about $1.48 billion last quarter, with earnings of $1.04 per share beating estimates. Analysts see further upside, projecting the stock could reach $140, about 30% above the recent high.