Today: 2 July 2026

Software stocks rebound after eight-day rout as Anthropic’s new Claude and Alphabet AI spend keep nerves high

Software stocks rebound after eight-day rout as Anthropic’s new Claude and Alphabet AI spend keep nerves high

U.S. software stocks bounced back Friday, boosting a key sector fund following several days of steep declines tied to rapid gains in artificial intelligence. The iShares Expanded Tech-Software ETF climbed roughly 2.4% to $81.59 in late morning trading. The shift is significant as investors scramble to figure out whether AI will devalue some enterprise software or just reshuffle who gets paid. This debate has landed smack in the middle of earnings season and a broader retreat from crowded “AI trade” bets.
India IPOs today and tomorrow: NSE clears IPO plan; Biopol Chemicals, PAN HR open as Fractal and Aye Finance line up

India IPOs today and tomorrow: NSE clears IPO plan; Biopol Chemicals, PAN HR open as Fractal and Aye Finance line up

Mumbai, February 6, 2026, 21:42 IST — After-hours India’s National Stock Exchange announced Friday that its board has given the green light to an initial public offering, marking a major move toward listing the country’s largest bourse operator. The IPO is slated as an offer for sale, with existing shareholders offloading shares rather than the exchange issuing new stock.
6 February 2026
ARC Resources earnings jolt: Attachie guidance pulled as profit drops, reserves hit record

ARC Resources earnings jolt: Attachie guidance pulled as profit drops, reserves hit record

CALGARY, Alberta, Feb 6, 2026, 09:42 MST ARC Resources withdrew its 2026 production forecast for the Attachie project following disappointing results from recent wells. The company also reported a decline in fourth-quarter profit despite higher revenue. https://www.newswire.ca/news-releases/arc-resources-ltd-reports-year-end-2025-results-and-reserves-847013072.html
AppLovin stock price jumps 7% today as tech rout eases; CloudX and Feb. 11 earnings in focus

AppLovin stock price jumps 7% today as tech rout eases; CloudX and Feb. 11 earnings in focus

New York, February 6, 2026, 11:46 — Regular session AppLovin Corp shares climbed roughly 7% to $401.60 in late-morning trade on Friday, bouncing back after a sharp drop the day before. The Nasdaq-listed stock hit a high of $402.20 and dipped to a session low of $376.19, opening at $397.16. About 2.8 million shares changed hands, according to LSEG data.

Stock Market Today

  • Nifty IT Index Jumps 3.8% as Infosys, HCLTech, TCS Rally Even with Global Tech Under Pressure
    July 2, 2026, 1:47 AM EDT. Nifty IT rallied 3.8% on July 2, snapping four sessions of losses. Infosys jumped 5.1%, HCLTech climbed 4%, and Tata Consultancy Services (TCS) rose 3.2% as the sector led gainers on the NSE. The bounce came as tech shares struggled in the U.S. and global peers dipped. Mid-cap IT names like Tata Technologies and Coforge also moved higher. Abhishek Pathak at Motilal Oswal said he stays constructive on the group citing steady AI demand, but warned about slower discretionary spend and valuations if growth slips.
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