Today: 3 July 2026

5 IBM-Heavy ETFs to Watch as Mainframe Hits 20-Year High and the Stock Whipsaws

5 IBM-Heavy ETFs to Watch as Mainframe Hits 20-Year High and the Stock Whipsaws

IBM shares dropped roughly 7% in late-morning trading Tuesday, reversing last week’s strong earnings-fueled surge. The slide hit ETFs loaded with IBM, dimming their recent appeal. https://www.google.com/finance/quote/IBM:NYSE?hl=en This matters now since many investors hold IBM via funds focused on dividends, income, and lower-volatility equities—not just broad tech indexes. When IBM moves sharply, those portfolios can shift along with it, often catching people off guard.
3 February 2026
Netflix stock slides as Senate antitrust hearing revives Warner Bros deal jitters

Netflix stock slides as Senate antitrust hearing revives Warner Bros deal jitters

NEW YORK, Feb 3, 2026, 11:29 — Regular session Shares of Netflix, Inc. dipped 1.9% to $81.20 late Tuesday morning, trailing a wider tech selloff as investors digested new scrutiny over its proposed Warner Bros. Discovery deal. Warner Bros. Discovery shares edged down 0.2%, while Paramount Skydance slid 2.1%. The Invesco QQQ ETF, tracking the Nasdaq, dropped 1.1%, and the S&P 500’s SPDR ETF declined 0.5%.
Costco pulls ‘no preservatives’ rotisserie chicken signs after additives lawsuit

Costco pulls ‘no preservatives’ rotisserie chicken signs after additives lawsuit

Costco Wholesale Corp. has taken down “no preservatives” labels from signs and online listings for its Kirkland rotisserie chicken following a proposed class action by two California consumers alleging the claim was deceptive. The company told MEAT+POULTRY it “removed statements concerning preservatives” to maintain consistent labeling. It added that ingredients like carrageenan and sodium phosphate, which aid moisture retention and texture, are approved by food safety regulators. Wesley M. Griffith, the plaintiffs’ attorney, said Costco’s quick removal of the wording confirms the “no preservative” claims were inaccurate. The clash centers on a popular prepared-food item, hitting retailers and food producers as regulators zero in on straightforward ingredient claims that influence buyers right at checkout. Costco shares gained roughly 1.6% in Tuesday’s morning session.
3 February 2026
Santander rolls out 2% deposit mortgage for UK first-time buyers — here’s the fine print

Santander rolls out 2% deposit mortgage for UK first-time buyers — here’s the fine print

Santander UK has launched a mortgage for first-time buyers that can be taken out with as little as a 2% deposit, pushing the bank into territory most mainstream lenders have avoided since the financial crisis. The loan-to-value ratio measures the loan against the property price. The bank said it is trying to tackle the deposit hurdle, after its own research found more than half of UK adults see saving for a deposit as the biggest barrier to buying. David Morris, head of homes at Santander UK, said “the average first-time buyer with Santander put down a deposit of more than £85,000” last year.
3 February 2026
Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens

Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens

Nvidia CEO Jensen Huang has called on Taiwan Semiconductor Manufacturing Co to boost output to keep pace with AI demand, underscoring just how constrained capacity is despite heavy investment in new chip fabs. TSMC’s shares listed in the U.S. dropped roughly 0.7% to $339 by late morning, after fluctuating between $334.75 and $346.82 earlier in the session.
AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond

AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond

Advanced Micro Devices is set to release its fourth-quarter results after Tuesday’s market close, with expectations running high. Investors are focused on solid performance from the data-center segment and clearer insight into the pace of AI accelerator sales. The stock has turned into a popular play on the AI hardware surge, pushing expectations higher. The focus has shifted beyond just unit shipments — now, AMD needs to show it’s more than just a strong CPU contender in a GPU-dominated market.

Stock Market Today

  • Asahi Kasei (TSE:3407) wraps up ¥17.86bn buyback, highlights pharma tech scale-up
    July 3, 2026, 4:32 PM EDT. Asahi Kasei (TSE:3407) finished a ¥17.86 billion buyback, taking in 0.75% of its shares and signaling a focus on returns for shareholders. Peptistar has now launched Asahi Kasei's FO-MD system at the plant level, putting its pharmaceutical concentration tech into real-world production. This push could drive earnings through healthcare and process solutions, adding to its main battery and hydrogen businesses. Some risks remain for executing FO-MD and AK1940 at scale. The stock has moved up, but some see valuation still lagging-with fair value estimates pointing to a possible double from here. The story here is tighter capital discipline and a bigger bet on new technology.
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