🔴 Harmonic is trading 5% down today on AI-spending doubts and rising oil prices

Harmonic is trading at $10.16, down 5.31%, as broader technology shares weakened amid doubts about AI spending and rising oil prices.

• No clear company-specific announcement or catalyst was identified for October 22.
• Broader market reporting cited investor concerns about AI spending and higher oil prices, supporting a market-driven explanation rather than a confirmed Harmonic-specific cause.
• Harmonic’s next quarterly results are scheduled for November 2.