S&P 500, Nasdaq slip as software rout deepens; Palantir jumps and Walmart hits $1 trillion

S&P 500, Nasdaq slip as software rout deepens; Palantir jumps and Walmart hits $1 trillion

The S&P 500 fell 0.45% and the Nasdaq dropped 1.02% Tuesday as software stocks slid, while the Dow edged up 0.08%. Palantir shares rose after reporting U.S. government revenue up 66% in Q4. Walmart’s market value topped $1 trillion for the first time. The U.S. Labor Department delayed key jobs data due to a partial government shutdown.
T-Mobile stock pops nearly 2% as Washington layoff notice surfaces and Feb. 11 update looms

T-Mobile stock pops nearly 2% as Washington layoff notice surfaces and Feb. 11 update looms

T-Mobile shares rose nearly 2% to $198.82 Tuesday after a state notice revealed plans to cut 393 jobs in Washington starting April 2. The company will report quarterly results and a capital markets update on Feb. 11. The next $1.02 dividend is scheduled for March 12, with a Feb. 27 record date. Shares traded between $193.80 and $199.04 after dropping 1.13% Monday.
Palantir stock jumps, Thomson Reuters dives as Anthropic’s legal AI tool spooks software shares

Palantir stock jumps, Thomson Reuters dives as Anthropic’s legal AI tool spooks software shares

Palantir shares jumped 6.6% Tuesday after reporting a 70% surge in quarterly revenue and raising its 2026 outlook. Legal and enterprise software stocks tumbled, with Thomson Reuters down 17.4% and Salesforce and ServiceNow off about 8%, as traders worried over AI-driven price competition. Investors await AMD’s earnings after the bell. Anthropic’s new legal chatbot tool fueled concerns about disruption in knowledge-based sectors.
Bitcoin’s $79K Bounce Meets $50K Talk as Cathie Wood’s Ark Goes Shopping

Bitcoin’s $79K Bounce Meets $50K Talk as Cathie Wood’s Ark Goes Shopping

Ark Invest increased holdings in crypto-linked stocks, including Circle, Bullish, and BitMine, as bitcoin surged past $79,000 before falling back to around $73,000. Circle shares dropped 7.9% Monday, Coinbase fell 3.5%. Analysts warn bitcoin could slide to $50,000, with bearish sentiment rising. Morgan Stanley began coverage of Circle with an Equal-Weight rating.
Stock market today: Nasdaq falls on artificial intelligence fears as Palantir pops and Walmart hits $1 trillion

Stock market today: Nasdaq falls on artificial intelligence fears as Palantir pops and Walmart hits $1 trillion

The S&P 500 fell 1.3% and the Nasdaq dropped nearly 2% Tuesday, erasing early gains, while the Dow slipped 0.9%. Palantir shares rose after an upbeat revenue forecast, but Microsoft and other major tech stocks declined. A partial U.S. government shutdown delayed key economic reports. Investors await Alphabet and Amazon earnings later this week.
XRP price slides 6% despite Ripple’s EU license as liquidations and U.S. policy talks weigh

XRP price slides 6% despite Ripple’s EU license as liquidations and U.S. policy talks weigh

XRP fell 6% to $1.54 on Tuesday, mirroring declines in bitcoin and ether as crypto markets sold off. Ripple secured full EU electronic money approval in Luxembourg but the license win did little to stem losses. U.S. policy uncertainty and a delayed jobs report added to volatility. Bitcoin holders dumped $2.56 billion in recent days, according to CoinGlass.
Bitcoin Price Slides to Post‑Election Low Near $74,000 as Trump Fed Pick Spurs Fresh Crypto Jitters

Bitcoin Price Slides to Post‑Election Low Near $74,000 as Trump Fed Pick Spurs Fresh Crypto Jitters

Bitcoin fell below $74,425 on Monday, hitting its lowest level since Trump’s return to the White House and extending a nearly four-month slide. The token was down about 5.6% on the day and 15% for the year, after weekend liquidations topped $2.5 billion. Traders cited concerns over Trump’s Fed chair pick and stalled U.S. crypto legislation. Some analysts warned of further downside, with targets as low as $40,000.
Why Procter & Gamble stock is rising today while U.S. tech slides

Why Procter & Gamble stock is rising today while U.S. tech slides

Procter & Gamble shares rose 1.6% to $155.63 Tuesday, outperforming a falling S&P 500 as investors shifted to consumer staples amid a partial U.S. government shutdown. Traders cited the upcoming Feb. 17 dividend and a data blackout as key factors. Software and cloud stocks fell sharply. P&G reaffirmed its 2026 guidance after reporting $22.2 billion in quarterly sales and core EPS of $1.88.
Natural gas price today rebounds as weather swings keep traders on edge

Natural gas price today rebounds as weather swings keep traders on edge

U.S. natural gas futures rose 2.6% Tuesday to $3.32/mmBtu after a sharp fall, with UNG shares up 1.1%. EQT and Cheniere Energy each gained about 0.7%. PJM Interconnection reported generation outages jumping to 25.72 GW. U.S. LNG exports slipped in January after outages at Freeport and Elba Island terminals, Reuters said.
Silver price today: spot rebounds nearly 12% after rout, lifting SLV and miners

Silver price today: spot rebounds nearly 12% after rout, lifting SLV and miners

Spot silver jumped 11.7% to $88.74 an ounce Tuesday, reversing steep losses after Friday’s record 27% crash. CME Group’s margin hikes and speculation over Kevin Warsh’s Fed nomination fueled volatility. Gold rose 6.9% to $4,985.44, while silver-linked stocks and ETFs rallied. Analysts say the outlook depends on Chinese demand and market stability.
Bitcoin price today: BTC slips below $75,000 as $2.5 billion liquidation wave hits crypto

Bitcoin price today: BTC slips below $75,000 as $2.5 billion liquidation wave hits crypto

Bitcoin fell 5.8% to $74,060 Tuesday, with CoinGlass reporting $2.56 billion in leveraged liquidations after a weekend selloff. Ether dropped about 9% to $2,136. U.S. spot bitcoin ETFs saw $561.8 million in net inflows on Feb. 2, led by Fidelity and BlackRock. White House talks on crypto market-structure legislation ended without a deal.
Gold price today jumps nearly 7% after two-day rout; miners and ETFs steady the case

Gold price today jumps nearly 7% after two-day rout; miners and ETFs steady the case

Spot gold surged 6.9% to $4,985.44 an ounce Tuesday after a two-day rout, with silver up 11.7% to $88.74. The rebound followed a sharp selloff triggered by higher CME margin requirements and President Trump’s nomination of Kevin Warsh as Fed chair. Gold ETFs saw $4.39 billion in inflows in January, the eighth straight month of gains. The U.S. jobs report was delayed due to a partial government shutdown.

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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