Today: 3 July 2026

SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand

SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand

SanDisk Corp shares dropped roughly 11% Wednesday morning, erasing part of a recent sharp rally that had sparked a surge of bullish analyst recommendations. The stock slipped 11.2% to $617.88. The swing is crucial because investors view SanDisk as a pure play on AI-driven demand for NAND flash—the storage memory powering phones, PCs, and growing in data centres. Shares surged over 16% Monday following the company’s positive update, with brokers pushing price targets up since.
4 February 2026
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AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

Advanced Micro Devices shares dropped nearly 7% in premarket Wednesday after the chipmaker’s Q1 sales outlook missed the mark for investors hungry for faster growth from its AI chips. Bernstein analyst Stacy Rasgon summed it up: “Overall results weren't all that much beyond ‘inline’ without the China boost.” https://www.reuters.com/business/amds-frankfurt-listed-shares-fall-after-weaker-sales-2026-02-04/ Software stocks in Europe and the U.S. took another hit after AI startup Anthropic launched new plug-ins for its Claude “Cowork” agent, sparking worries that AI could undercut software fees. Nvidia CEO Jensen Huang dismissed the notion that AI will replace software as “illogical.” Meanwhile, J.P. Morgan analyst Toby Ogg argued the sector is “being sentenced before trial.” https://www.reuters.com/business/media-telecom/global-software-stocks-hit-by-anthropic-wake-up-call-ai-disruption-2026-02-04/
4 February 2026
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Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split

Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split

Shopify shares dropped again Wednesday, marking a second straight day of declines as investors digested conflicting analyst opinions on the Canadian e-commerce firm’s move into “agentic commerce” — AI agents that handle searching, selecting, and purchasing products for customers. The selloff hits Shopify as it pushes its checkout and payments tools into emerging shopping channels, where buyers might skip merchant websites entirely. If AI assistants turn into the new storefronts, Shopify aims to remain the back-end engine that still takes a cut.
4 February 2026
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Meta stock slips as Senate “SCAM Act” targets scam ads and regulators circle

Meta stock slips as Senate “SCAM Act” targets scam ads and regulators circle

New York, Feb 4, 2026, 10:50 — Regular session Meta Platforms shares dropped 1.7% to $679.86 Wednesday morning, extending a volatile stretch for the Facebook and Instagram parent. The selloff followed a bipartisan Senate bill proposal aimed at cracking down on scam ads. The legislation would force social media companies to verify advertisers and give enforcement powers to the Federal Trade Commission and state attorneys general.
4 February 2026
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AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

Advanced Micro Devices shares dropped nearly 7% in premarket trading Wednesday after the chipmaker projected first-quarter revenue below its record fourth-quarter figure. AMD forecast about $9.8 billion, plus or minus $300 million, factoring in a $390 million lift from China-bound Instinct MI308 AI chip sales under a U.S. license. Bernstein analyst Stacy Rasgon said some investors wanted clearer signs of sustained momentum. CEO Lisa Su expects demand for next-gen AI servers, including shipments to OpenAI, to pick up in the second half and downplayed concerns over the global memory-chip shortage. The market’s response highlights just how tight the leash is on AI-linked chipmakers these days. Investors care less about past-quarter beats and more about whether the upcoming quarter appears solid, consistent, and free from reliance on any one customer or region.
4 February 2026
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Silver price snaps back toward $90 after crash; traders brace for more swings

Silver price snaps back toward $90 after crash; traders brace for more swings

NEW YORK, Feb 4, 2026, 10:05 — Regular session. Silver climbed nearly 6% to around $90 an ounce on Wednesday as the metal extended a rebound from last week’s record slide. Spot gold was up 2% at $5,047 an ounce, holding above $5,000 after its sharp two-day jump. “We expect elevated volatility to continue in the near term, but stabilization should return once the market finds its footing,” said Joshua Chim, general manager at online broker FSMone.
4 February 2026
Dow Jones today: Dow edges higher as Lilly, Super Micro cushion Wall Street after AI software rout

Dow Jones today: Dow edges higher as Lilly, Super Micro cushion Wall Street after AI software rout

New York, February 4, 2026, 10:04 ET — Regular session The Dow Jones Industrial Average edged higher early on Wednesday, lifted by upbeat results from Eli Lilly and Super Micro Computer, while investors stayed cautious on software and cloud stocks after a sharp selloff a day earlier. At 09:30 a.m. ET, the Dow rose 175.92 points, or 0.40%, to 49,439.32; the S&P 500 was up 0.04% and the Nasdaq Composite fell 0.27%.
4 February 2026
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Bitcoin price slips toward $74,000 as ETF flows whipsaw and Warsh Fed pick keeps traders wary

Bitcoin price slips toward $74,000 as ETF flows whipsaw and Warsh Fed pick keeps traders wary

New York, February 4, 2026, 10:05 EST — Regular session Bitcoin slipped almost 4% on Wednesday, dropping toward the $74,000 mark once U.S. markets opened. The cryptocurrency hovered around $74,389, down 3.95%, after fluctuating between $72,971 and $78,070. Ether also dipped roughly 4%, settling near $2,169. Crypto-related stocks remained under pressure.
4 February 2026
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Stock Market Today

  • Hong Kong Watchdog Steps Up IPO Bookbuilding and Share Allocation Oversight
    July 3, 2026, 2:47 AM EDT. Hong Kong's regulator is ramping up checks on the city's fast IPO business, widening its focus to include bookbuilding and share allocation practices. The effort is meant to lift transparency and fairness as local IPOs keep running hot. People with knowledge of the matter said this marks a fresh round of oversight targeting possible irregularities in Hong Kong's busy IPO scene.
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