Opera is trading 10.74% down at $15.47 amid a broader technology selloff tied to concerns over returns on escalating AI spending. - Reuters reported on October 30, 2026, that investors were concerned escalating AI spending may not generate adequate returns, pressuring technology shares. - Software ETF IGV is down 4.26%. - No new Opera-specific catalyst was identified; the October 27 local-AI product announcement does not clearly explain the drop.