Today: 3 July 2026

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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Union Pacific stock price rises 2% as UNP tracks rail rally; merger deadline in focus

Union Pacific stock price rises 2% as UNP tracks rail rally; merger deadline in focus

New York, February 3, 2026, 15:13 — Regular session underway Union Pacific shares climbed roughly 2.2% to $240.34 in Tuesday afternoon trading, bouncing off a session low near $234.16 and hitting a high of $241.87. CSX Corp. advanced about 1.4%, Norfolk Southern Corp. was up close to 2%, while Canadian Pacific Kansas City Limited gained approximately 1.7%.
3 February 2026
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AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

U.S. stocks fell on Tuesday as investors worried that artificial intelligence would create new rivals for software makers and squeeze margins. The S&P 500 fell 1.46% and the Nasdaq dropped 2.17%, with Nvidia, Microsoft, Alphabet and Amazon sliding ahead of earnings from Alphabet on Wednesday and Amazon on Thursday. Art Hogan at B. Riley Wealth said some software names “may well be disrupted by AI,” while John Campbell of Allspring Global Investments said the market had “expectations … really high.” Futures, contracts that track where indexes may open, were slightly higher before the bell as traders braced for the heart of earnings season. At 7 a.m. ET, S&P 500 futures were up 0.15% and Nasdaq 100 futures gained 0.4% as Teradyne jumped 20.8% in premarket trading on an upbeat forecast. “Traders are ready to re-engage with pro-risk positions,” said Chris Weston of Pepperstone.
3 February 2026
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Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

OpenAI, the maker of ChatGPT, is unsatisfied with some of Nvidia’s latest AI chips and has looked for alternatives since last year, eight sources familiar with the matter said, potentially complicating investment talks between two of the most visible names in the AI boom. The concern centers on “inference” — when a model answers a user — as opposed to training, the heavy-lift phase that has powered Nvidia’s rise in graphics processing units. That matters now because Wall Street is watching whether the AI buildout can keep expanding without spooking investors who already see balance sheets, not software demos, as the constraint. Nvidia shares were down about 5% in midday trading, while Oracle slid nearly 5%.
3 February 2026
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Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms

Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms

Wall Street dipped Tuesday, dragged down by software stocks rattled over worries that emerging AI tools could tighten margins and shift the competitive landscape. Investors also grappled with a flood of earnings reports from major U.S. firms. https://www.reuters.com/business/sp-nasdaq-futures-edge-up-earnings-deluge-takes-center-stage-2026-02-03/ The drop came after a quieter start before the bell, as futures—those contracts tracking indexes outside regular trading hours—edged up. Teradyne, the chip-testing gear maker, soared over 20% on a strong forecast. “It’s been a more orderly and calmer affair across markets,” said Chris Weston, head of research at Pepperstone. https://www.kitco.com/news/off-the-wire/2026-02-03/sp-nasdaq-futures-edge-earnings-deluge-takes-center-stage
3 February 2026
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Citigroup stock holds up on deal chatter and rate bets as Wall Street slides

Citigroup stock holds up on deal chatter and rate bets as Wall Street slides

NEW YORK, Feb 3, 2026, 15:02 EST — Regular session Shares of Citigroup Inc climbed roughly 0.4% to $116.67 by 2:47 p.m. EST, swinging between $115.42 and $118.90 earlier. The S&P 500 ETF SPY dropped around 1.4%, with the Nasdaq-tracking QQQ sliding about 2.3%. Meanwhile, JPMorgan Chase rose about 1.1%, and Bank of America along with Wells Fargo showed modest gains.
3 February 2026
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Stock Market Today

  • HBIL:CA stays neutral; short trade signal issued, no long setups
    July 3, 2026, 1:06 PM EDT. Hamilton U.S. T-Bill YIELD MAXIMIZER TM ETF (HBIL:CA) holds a neutral rating across short, mid, and long-term timeframes as of July 3, 2026. No long trades in play right now. The signals suggest a short position near C$14.65, with a stop at C$14.72. No target given for this short. These are AI signals for the Canadian-listed ETF, which tracks U.S. T-bill yields.
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