Today: 3 July 2026

Olive Garden owner Darden Restaurants is ending Bahama Breeze — here’s what closes and what gets rebranded

Olive Garden owner Darden Restaurants is ending Bahama Breeze — here’s what closes and what gets rebranded

ORLANDO, Florida, Feb 3, 2026, 15:38 Darden Restaurants announced Tuesday it will shut down half of its Bahama Breeze locations, closing 14 of the 28 restaurants for good. The remaining 14 will be rebranded and remodeled into other Darden concepts, though the company hasn’t revealed which ones yet. It expects the changes won’t have a significant impact on its financial results.
3 February 2026
Abbott (ABT) stock slips on FDA warning letter over FreeStyle Libre testing; dates to watch

Abbott (ABT) stock slips on FDA warning letter over FreeStyle Libre testing; dates to watch

New York, Feb 3, 2026, 15:42 ET — Regular session. Shares of Abbott Laboratories dipped 0.6% to $108.77 Tuesday afternoon after the U.S. Food and Drug Administration issued a warning letter to Abbott Diabetes Care. The letter, dated Jan. 23, criticized the company’s process for verifying the accuracy of its FreeStyle Libre continuous glucose monitors. Specifically, the FDA said Abbott failed to ensure key accuracy specs were passed to third-party manufacturers and released finished devices without conducting accuracy tests at launch. Abbott has 15 business days to respond. Earlier, the stock had fallen as much as 2.9%.
3 February 2026
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Lockheed Martin stock price slips on DZ Bank downgrade despite fresh Taiwan deal and Fujitsu pact

Lockheed Martin stock price slips on DZ Bank downgrade despite fresh Taiwan deal and Fujitsu pact

New York, Feb 3, 2026, 15:39 EST — Regular session Lockheed Martin shares slipped 1.1% to $628.94 Tuesday afternoon, weighed down by a downgrade from DZ Bank. The U.S. defense giant stood out as a rare laggard in an otherwise stronger defense sector. RTX climbed 1.0%, Northrop Grumman jumped 2.7%, and General Dynamics rose 2.0%.
3 February 2026
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AbbVie stock ticks up ahead of earnings after Rinvoq vitiligo filing—what investors watch next

AbbVie stock ticks up ahead of earnings after Rinvoq vitiligo filing—what investors watch next

New York, Feb 3, 2026, 15:46 ET — Regular session AbbVie shares climbed Tuesday afternoon, despite cautious trading ahead of the drugmaker’s quarterly earnings report set for Wednesday before the U.S. open. By 3:46 p.m. ET, the stock gained $1.91, roughly 0.8%, to $227.55, after hitting an intraday high of $228.66.
3 February 2026
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Huang says Nvidia will still invest in OpenAI, dismisses ‘drama’ as Oracle exposure draws scrutiny

Huang says Nvidia will still invest in OpenAI, dismisses ‘drama’ as Oracle exposure draws scrutiny

Nvidia CEO Jensen Huang dismissed rumors of a fallout on Tuesday, reaffirming the company’s commitment to investing in OpenAI. He called the chatter “no drama.” https://www.cnbc.com/2026/02/03/nvidias-jensen-huang-denies-openai-deal-rumors-theres-no-drama.html OpenAI’s spending plans are crucial since they sit at the heart of the AI supply chain — covering chips, cloud capacity, and data centers. Any hiccup there quickly rattles suppliers’ financing and forecasts. Nvidia shares dropped roughly 3.6% in afternoon trading, with Oracle sliding about 4%.
3 February 2026
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Nvidia’s Huang says “no drama” with OpenAI as ChatGPT maker weighs other AI chips

Nvidia’s Huang says “no drama” with OpenAI as ChatGPT maker weighs other AI chips

Nvidia Chief Executive Jensen Huang said the chipmaker will invest in OpenAI’s next fundraising round and would consider backing an eventual IPO, rejecting suggestions the talks have soured. “There’s no drama involved. Everything’s on track,” Huang told CNBC. https://www.cnbc.com/2026/02/03/nvidias-jensen-huang-denies-openai-deal-rumors-theres-no-drama.html https://www.reuters.com/technology/nvidia-will-consider-investing-openai-ipo-ceo-huang-tells-cnbc-2026-02-03/ The reassurance matters because OpenAI is a marquee buyer of AI computing, and Nvidia’s own growth is tied to how fast big customers keep ordering its chips. Any wobble in that relationship would land as Wall Street is already jumpy about how much cash the AI buildout is soaking up.
3 February 2026
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Stock Market Today

  • Arm Holdings posts 20% revenue jump, powered by Q4 licensing gains
    July 3, 2026, 12:05 PM EDT. Arm Holdings said Q4 revenue rose 20% from a year ago to $1.49 billion, as licensing and other revenue climbed 29% to $819 million. The company is seeing licensing drive growth with strong demand for its processor designs for AI, cloud and smartphones. Royalty revenue was up 11% to $671 million, as more customers adopt Armv9 and Arm Compute Subsystems. Unlike rivals NVIDIA and AMD, Arm collects both licensing fees and ongoing royalties, giving the company a mix of upfront and recurring revenue as AI and advanced computing markets grow.
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