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AppLovin stock sinks on AI ad-tech fears ahead of Feb. 11 earnings — what’s driving the slide

AppLovin stock sinks on AI ad-tech fears ahead of Feb. 11 earnings — what’s driving the slide

AppLovin shares fell about 12% Wednesday as software stocks slumped and investors grew wary of new AI-driven ad tech rivals. Unity Software dropped 10%. AppLovin will report fourth-quarter and full-year results after U.S. markets close on Feb. 11. CloudX, a startup using AI agents for mobile ad automation, launched its product the same day.
4 February 2026
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Texas Instruments’ $7.5B Silicon Labs buy: the wireless-chip grab behind the deal

Texas Instruments’ $7.5B Silicon Labs buy: the wireless-chip grab behind the deal

Texas Instruments will acquire Silicon Labs for $231 per share in cash, valuing the deal at $7.5 billion. The companies expect to close the transaction by mid-2027, pending regulatory and shareholder approval. TI projects $450 million in annual cost savings within three years of closing. Silicon Labs shares jumped after the announcement, while TI stock fell.
4 February 2026
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KKR and Singtel clinch $5.2 billion STT GDC buyout as Asia’s AI data centre race heats up

KKR and Singtel clinch $5.2 billion STT GDC buyout as Asia’s AI data centre race heats up

KKR and Singtel agreed to buy the remaining 82% of ST Telemedia Global Data Centres for S$6.6 billion, valuing the company at S$13.8 billion. After the deal, KKR will own 75% and Singtel 25%. Singtel shares hit a record S$4.95 before closing up 1%. The transaction is expected to close in the second half of 2026, pending approvals.
4 February 2026
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Nvidia Stock Slides in Early Trade as OpenAI Chip Doubts and AI Selloff Bite

Nvidia Stock Slides in Early Trade as OpenAI Chip Doubts and AI Selloff Bite

Nvidia shares fell 2.8% to $180.34 early Wednesday, extending losses after OpenAI was reported to be dissatisfied with some Nvidia chips and exploring alternatives. The drop followed a broader tech selloff sparked by Anthropic’s new AI tools and AMD’s weaker outlook. Nvidia is reportedly nearing a $20 billion investment in OpenAI’s funding round. CEO Jensen Huang called fears of AI replacing software “illogical.”
4 February 2026
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Micron stock price slips 4% in early trade as chip rally cools — what’s next for MU

Micron stock price slips 4% in early trade as chip rally cools — what’s next for MU

Micron shares fell 4.2% to $419.44 in early Nasdaq trading Wednesday, tracking a broader tech selloff after AMD issued a cautious outlook. TrendForce forecasts DRAM contract prices will jump up to 95% in Q1, citing AI-driven demand. Analysts report Micron can meet only about two-thirds of customer orders amid a memory chip shortage. Investors await Micron’s Feb. 11 conference for updates on supply and pricing.
4 February 2026
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SanDisk stock price jumps again as “memory shortage” bets keep SNDK in play

SanDisk stock price jumps again as “memory shortage” bets keep SNDK in play

Sandisk shares rose 4.5% to $695.51 in early trading Wednesday, with volume near 808,000. The company extended its flash supply deal with Kioxia through 2034 and raised its revenue forecast, prompting several brokerages to lift price targets. Sandisk posted Q2 revenue of $3.025 billion and expects Q3 revenue up to $4.8 billion. Next earnings are scheduled for May 7, 2026.
4 February 2026
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Pfizer (PFE) stock price slips before the bell after obesity-drug update, 2026 outlook

Pfizer (PFE) stock price slips before the bell after obesity-drug update, 2026 outlook

Pfizer shares fell 3.4% to $25.77 in Wednesday’s premarket after Novo Nordisk warned of lower 2026 sales and price pressure in obesity drugs. Pfizer’s GLP-1 trial met its main goal, showing up to 12.3% mean weight loss at 28 weeks, but safety questions remain. The company reaffirmed 2026 guidance and reported $17.6 billion in Q4 revenue. Investors await more VESPER-3 data at the June 6 ADA meeting.
4 February 2026
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Cadence Bank stock (CADE) is suspended after Huntington merger — what happens to shares now

Cadence Bank stock (CADE) is suspended after Huntington merger — what happens to shares now

Cadence Bank shares were halted on the NYSE after its acquisition by Huntington Bancshares, with the last close at $42.11 on Jan. 30. Cadence shareholders will receive 2.475 Huntington shares per Cadence share, plus cash for fractional shares. Huntington now controls $279 billion in assets and will keep Cadence’s 390 branches open. Investors await integration updates at a Feb. 10 conference.
4 February 2026
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Salesforce stock slips again before the open as AI “agent” fears keep pressure on CRM

Salesforce stock slips again before the open as AI “agent” fears keep pressure on CRM

Salesforce shares fell 1.3% to $193.88 in premarket trading Wednesday after a 6.9% drop the previous day, hitting a one-year low. The sell-off follows Anthropic’s launch of AI plug-ins, raising fears that AI agents could threaten software subscription models. IBM also slid 7.8%, leading declines on the Dow. Analyst Billy Fitzsimmons cut his Salesforce price target to $280, citing risks from AI-driven changes in software demand.
4 February 2026
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SoFi stock slips before the bell as JPMorgan upgrade meets insider hedging filing

SoFi stock slips before the bell as JPMorgan upgrade meets insider hedging filing

SoFi Technologies shares fell 1.4% to $21.76 in premarket trading Wednesday after closing at $22.08. JPMorgan raised its rating on SoFi to overweight with a $31 price target following the stock’s post-earnings drop. An SEC filing showed Chief Risk Officer Arun Pinto entered a stock-linked forward contract involving 71,500 shares. SoFi reported record fourth-quarter revenue and ended 2025 with 13.7 million members.
4 February 2026
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Denison Mines stock jumps nearly 8% premarket as uranium names lift again

Denison Mines stock jumps nearly 8% premarket as uranium names lift again

Denison Mines shares jumped nearly 8% to $4.10 in U.S. premarket trading Wednesday, leading gains among uranium stocks after Uzbekistan announced a major production increase and new mines. Uranium prices recently topped $100 per pound, fueling sector interest. Investors are watching for permitting updates on Denison’s Phoenix project. Cameco, Uranium Energy, and Energy Fuels also rose before the open.
4 February 2026
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Nvidia stock steadies before the open as OpenAI chip doubts keep NVDA traders jumpy

Nvidia stock steadies before the open as OpenAI chip doubts keep NVDA traders jumpy

Nvidia shares rose 0.4% to $181.05 in U.S. premarket trading Wednesday, rebounding after a 2.8% drop. The move follows a broader tech selloff and comes as Nvidia nears a $20 billion investment in OpenAI’s funding round, according to a source. CEO Jensen Huang downplayed fears that AI will replace software tools. AMD fell nearly 7% after a weak sales forecast, while Intel confirmed a push into data center GPUs.
4 February 2026
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Stock Market Today

  • Phillips 66 Price Target Raised by 11.18% to €149.19
    April 12, 2026, 12:46 PM EDT. The average one-year price target for Phillips 66 (BIT:1PSX) increased 11.18% to €149.19, up from €134.19 in February 2026. Analyst estimates range from €114.87 to €189.05 per share. This new target is 4.51% above the latest closing price of €142.75. Institutional ownership shows a decline, with 1,928 funds reporting positions-down 27.49% in the last quarter-and total shares held by institutions fell 12.88% to 308.08 million. Key shareholders like Elliott Investment Management maintained their stakes, while Wells Fargo and Bank of New York Mellon reduced theirs. The average portfolio weight dedicated to Phillips 66 rose 40.66%, indicating shifting institutional interest amid these adjustments.

Latest article

Bitcoin Price Today Slips After Iran Talks End Without Deal, but ETF Buyers Keep Showing Up

Bitcoin Price Today Slips After Iran Talks End Without Deal, but ETF Buyers Keep Showing Up

12 April 2026
Bitcoin fell 1.4% to $71,707 on Sunday after U.S.-Iran talks in Islamabad ended without a deal. Spot bitcoin ETFs logged net inflows last week, with BlackRock and Fidelity leading Friday’s buying. Morgan Stanley launched its MSBT fund on April 8, the first Wall Street bank to debut a bitcoin ETF. U.S. inflation data showed headline CPI up 3.3% in March, while core CPI rose 2.6%.
XRP Price Today: XRP Slips to $1.33 After Failed U.S.-Iran Talks Hit Crypto

XRP Price Today: XRP Slips to $1.33 After Failed U.S.-Iran Talks Hit Crypto

12 April 2026
XRP slipped about 1% to $1.33 on Sunday after U.S.-Iran peace talks in Islamabad ended without a deal, pressuring crypto markets. The token traded in a narrow range, with bitcoin and ether also weaker. XRP’s market cap stands at $81.7 billion, with $1.96 billion in daily volume. The token remains 63.5% below its all-time high.
Gold Price Today: Bullion Near $4,762 After Weekly Gain, but Failed Iran Talks Cloud Outlook

Gold Price Today: Bullion Near $4,762 After Weekly Gain, but Failed Iran Talks Cloud Outlook

12 April 2026
Spot gold steadied at $4,761.79 an ounce Friday after a third weekly gain, with U.S. futures at $4,787.40. The dollar posted its biggest weekly drop since January, making gold cheaper for non-U.S. buyers. U.S.-Iran talks ended without a deal, keeping geopolitical risks high. China’s central bank increased gold reserves for a 17th month, reaching 74.38 million ounces.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.04.2026

12 April 2026
Futu Holdings (FUTU) rose 10.2% in the past week but trades 13.4% below its January level. Shares closed at $154.50, while analysts estimate intrinsic value at $245.48. The company posted a 92.2% return over 12 months. Valuation models indicate earnings exceed risk costs, supporting long-term growth projections.
India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

11 April 2026
Lockheed Martin said it is not in direct talks with India over the F-35, clarifying that any approach must go through official U.S. and Indian channels under the Foreign Military Sales process. Indian officials confirmed no formal discussions on acquiring the F-35 have begun. India recently approved a $40 billion military upgrade, including other fighter jets, while Lockheed’s F-21 remains in a separate competition.
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