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Stock Market News 3 February 2026

Macy’s stock jumps nearly 6% — here’s what traders are watching next

Macy’s stock jumps nearly 6% — here’s what traders are watching next

Macy’s stock was flat in premarket trading Tuesday after jumping 5.84% to $21.19 on Monday, lifted by strong U.S. factory data. About 8 million shares traded hands, in line with average volume. Investors await Macy’s early March earnings for updates on demand and margins as the company continues its turnaround and store closures.
PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal named Enrique Lores as CEO starting March 1, with Jamie Miller as interim CEO. Shares fell nearly 16% in pre-market trading after a weak 2026 profit outlook and disappointing holiday-quarter results. The company reported Q4 revenue of $8.7 billion and announced its first quarterly dividend of $0.14 per share, payable March 25.
Epstein files spark fresh Wall Street question: which stocks could feel the heat?

Epstein files spark fresh Wall Street question: which stocks could feel the heat?

Tesla shares fell about 2% and Microsoft dropped 1.6% in early premarket trading Tuesday after new Justice Department disclosures tied to Jeffrey Epstein. Prosecutors withdrew thousands of files following redaction errors that exposed victims’ identities. JPMorgan Chase and Barclays, also linked to Epstein, saw premarket gains but face ongoing litigation. A court conference on the records is scheduled for Wednesday.
NXP stock slides 5% premarket after outlook; investors brace for the earnings call

NXP stock slides 5% premarket after outlook; investors brace for the earnings call

NXP Semiconductors shares fell about 5% in premarket trading Tuesday after Q4 results showed an 18% drop in communications infrastructure sales and a cautious Q1 outlook. Automotive revenue rose 5% to $1.88 billion, while total Q4 revenue reached $3.34 billion. Investors await further details on the 8 a.m. call.
Liminatus Pharma (LIMN) jumps in premarket after late-session spike as Nasdaq $1 rule hangs over shares

Liminatus Pharma (LIMN) jumps in premarket after late-session spike as Nasdaq $1 rule hangs over shares

Liminatus Pharma shares jumped 29.4% to $0.74 in premarket trading Tuesday after surging 64.6% to $0.94 in Monday’s after-hours session. The stock remains below the $1 minimum required for Nasdaq listing, with the company facing a July 14, 2026 deadline to regain compliance. Liminatus disclosed it received a Nasdaq deficiency notice in January. Market cap stood near $15.5 million.
Las Vegas Sands stock near $56 before the bell as Macau gaming, dividend clock grab focus

Las Vegas Sands stock near $56 before the bell as Macau gaming, dividend clock grab focus

Las Vegas Sands shares held at $55.64 in Tuesday’s premarket after a 5.5% surge Monday. Macau’s January casino revenue jumped 24% year-over-year to $2.79 billion, outpacing forecasts. The stock goes ex-dividend Feb. 9, with a 30-cent payout set for Feb. 18. CEO Robert Goldstein received over 130,000 shares through vested awards last week, SEC filings show.
TeraWulf (WULF) stock edges up premarket after Kentucky and Maryland power-site deals

TeraWulf (WULF) stock edges up premarket after Kentucky and Maryland power-site deals

TeraWulf shares rose 0.5% to $13.44 premarket after announcing two U.S. infrastructure acquisitions aimed at expanding bitcoin mining and high-performance computing. The Hawesville deal closed Feb. 2 for $200 million, with the seller taking a 6.8% stake in the data center project. The Morgantown acquisition awaits federal approval. TeraWulf’s infrastructure portfolio now totals about 2.8 GW across five sites.
Fusemachines stock jumps on IBM-partner deal — FUSE price action to watch before the bell

Fusemachines stock jumps on IBM-partner deal — FUSE price action to watch before the bell

Fusemachines shares fell 1.5% to $2.66 in premarket trading Tuesday after soaring 70.9% the previous session. The company announced a partnership with ModulAIre to deliver its AI Studio platform to enterprise clients using IBM systems. A filing showed Consilium Extended Opportunities Fund LP owns 13.61% of Fusemachines’ stock. Trading volume Monday exceeded 198 million shares.
Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk shares rose 2.9% in premarket trading Tuesday after a 15.4% surge Monday, last changing hands at $684.17. The company reported fiscal Q2 revenue of $3.03 billion, up 61% year over year, and forecast Q3 revenue between $4.40 billion and $4.80 billion. Traders cited tight memory supply and AI-driven demand as key factors. Sandisk will report next earnings on April 29.
Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum shares surged 8.1% Monday to $423.42 ahead of its fiscal Q2 earnings due after Tuesday’s close. Wall Street expects adjusted EPS of $1.40 and revenue near $646.7 million. Morgan Stanley raised its price target to $350 but kept an equal-weight rating. Investors are watching for signals on data-center demand and guidance during the 5 p.m. ET call.
Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock held near $110.36 in early Tuesday trading after a 6.9% surge Monday. JPMorgan reiterated its Overweight rating and $115 target, citing strong LCD panel trends. Retired president Eric Musser sold 25,000 shares Monday, leaving him with 19,926, according to an SEC filing. Meta’s multi-year deal with Corning, valued up to $6 billion, will expand fiber production in North Carolina.
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Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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