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Stock Market 5 February 2026

Suzlon Energy Q3 results: Profit up 15%, revenue jumps 42% — but shares still slide

Suzlon Energy Q3 results: Profit up 15%, revenue jumps 42% — but shares still slide

Suzlon Energy shares fell nearly 6% to 47.76 rupees on Thursday after Q3 net profit rose 15% year-on-year to 4.45 billion rupees. Revenue from operations jumped 42% to 42.28 billion rupees. The company delivered a record 617 MW in the quarter, with an order book of 6.4 GW as of December 31. Sequential profit dropped 65% from the previous quarter, partly due to a prior deferred tax gain.
Google’s $185B AI spending plan jolts tech stocks as AMD plunges

Google’s $185B AI spending plan jolts tech stocks as AMD plunges

Alphabet plans up to $185 billion in 2026 capital spending, far above forecasts, citing AI and cloud growth. AMD shares plunged 17% after its AI chip outlook fell short of Nvidia’s, deepening a tech selloff that erased $850 billion in market value this month. Software stocks also slid amid fears AI tools could disrupt established firms.
Stock Market Today: S&P 500 futures steady after tech slump as Alphabet AI spending rattles investors

Stock Market Today: S&P 500 futures steady after tech slump as Alphabet AI spending rattles investors

Nasdaq 100 futures edged up 0.13% premarket Thursday after a sharp tech sell-off, while Dow futures slipped 0.20%. Alphabet shares tumbled over 6% after forecasting $175–$185 billion in 2026 capital spending for AI. The S&P 500 software and services index has lost 13% in a week, erasing $800 billion in value. The dollar hit a two-week high as risk aversion grew.
FTSE 100 slips from highs as Bank of England looms; Shell results hit UK shares today

FTSE 100 slips from highs as Bank of England looms; Shell results hit UK shares today

UK stocks slipped Thursday, with the FTSE 100 down 0.2% to 10,382 by 1052 GMT as investors awaited the Bank of England’s rate decision. Shell fell 1.9% after missing profit forecasts but kept its buyback pace. Vodafone dropped 4.7% after launching a €500 million buyback. The STOXX 600 lost 0.5% amid mixed European earnings.
AppLovin stock tumbles on CloudX AI threat talk as traders brace for earnings

AppLovin stock tumbles on CloudX AI threat talk as traders brace for earnings

AppLovin shares fell 16.1% Wednesday to $387.34, following a 4.4% drop Tuesday, as trading volume topped 15 million shares. The declines came amid a broader selloff in software stocks and new competition from CloudX, a startup led by a former MoPub co-founder. AppLovin will report fourth-quarter and full-year results on Feb. 11 after the market closes.
Saab stock drops after earnings beat and raised growth target as investors weigh what’s next

Saab stock drops after earnings beat and raised growth target as investors weigh what’s next

Saab shares fell 3.1% Thursday despite reporting record Q4 order bookings of SEK 100.1 billion and raising its 2023–27 sales growth target to 22% annually. Operating profit jumped 67% to SEK 3.26 billion, and the board proposed a higher dividend. Investors focused on execution risks and the lack of detailed 2026 guidance. The stock has tripled over the past year amid rising European defence budgets.
Volvo Car AB stock sinks 22% as Q4 profit slumps and tariffs bite

Volvo Car AB stock sinks 22% as Q4 profit slumps and tariffs bite

Volvo Car AB shares plunged 22% to 23.05 crowns in Stockholm after fourth-quarter adjusted operating profit fell to 1.8 billion crowns, down from 5.6 billion a year earlier. Revenue dropped to 94.4 billion crowns, and gross margin slipped to 15.8%. The company cited tariffs, weak demand, and pricing pressure. Volvo warned of a challenging 2026 and flagged negative cash flow in the first half due to inventory build-up.
Strategy (MSTR) slides premarket as bitcoin nears $70,000 — what to watch before earnings

Strategy (MSTR) slides premarket as bitcoin nears $70,000 — what to watch before earnings

Strategy Inc (MSTR.O) fell 3.2% to $129.09 in premarket trading Thursday after bitcoin dropped over 6% to $71,325. An SEC filing showed Strategy bought 855 bitcoin for $75.3 million last week, funded by share sales and a higher preferred dividend rate. The company reports fourth-quarter results after the close. Coinbase and major bitcoin miners also declined before the open.
Commonwealth Bank share price slides again as banks drag ASX; the next big dates for CBA stock

CBA shares pop after $68m ASIC provision—here’s what markets are watching before Feb 11

Commonwealth Bank shares rose 1.4% to A$159.28 after it disclosed a A$68 million pre-tax provision tied to an ASIC review and A$53 million in non-recurring income items. The update comes ahead of CBA’s half-year results and interim dividend announcement on Feb. 11, as investors weigh the impact of the Reserve Bank’s latest rate hike on mortgage costs.
5 February 2026
IREN stock slides 17% ahead of earnings as bitcoin flirts with $70,000

IREN stock slides 17% ahead of earnings as bitcoin flirts with $70,000

IREN shares fell 17.4% to $44.94 Wednesday amid a sharp selloff in crypto and AI-linked stocks. Bitcoin touched $70,052 in Asian trading, its lowest since November, as investors braced for potential Fed tightening and ETF outflows. IREN will report quarterly results after Thursday’s close, with a conference call at 5 p.m. ET. Other bitcoin miners also posted steep declines premarket.
Qualcomm stock price drops 11% premarket after weak forecast flags memory crunch

Qualcomm stock price drops 11% premarket after weak forecast flags memory crunch

Qualcomm shares fell 11.1% to $132.34 in premarket trading after forecasting weaker March-quarter revenue and earnings due to global memory-chip shortages. CEO Cristiano Amon said supply bottlenecks and rising prices are limiting handset production, especially in China. The company projected fiscal Q2 revenue of $10.2–$11.0 billion and non-GAAP EPS of $2.45–$2.65. Investors await the next update on May 6.
Broadcom stock braces for a choppy open after AI selloff, Jefferies sticks to $500 target

Broadcom stock braces for a choppy open after AI selloff, Jefferies sticks to $500 target

Broadcom shares fell 3.9% to $308.05 Wednesday, hitting an intraday low of $295.30, as chip stocks sold off and the Nasdaq dropped 1.5%. Jefferies reiterated its Buy rating, citing Google’s higher capital spending plans and strong demand for Broadcom’s AI chips and networking gear. Broadcom launched an enterprise Wi‑Fi 8 platform this week targeting “AI-ready” networks. Earnings are due March 4.
5 February 2026

Stock Market Today

  • Qualcomm Q2 Earnings Preview Amid Smartphone Market Downturn
    April 29, 2026, 1:07 PM EDT. Qualcomm is set to report second-quarter earnings amid a sharp downturn in the global smartphone market. The company, known for its smartphone chips, faces challenges as shipments fell 4.1% in Q1, marking an end to a 10-quarter growth streak. Analyst Ming-Chi Kuo highlights Qualcomm's upcoming AI chip with OpenAI, aiming for mass production in 2028 to challenge Apple and Google's dominance. Despite diversification into data centers and automotive sectors, the handset division, driving most revenue, is expected to drop 12.5% year-over-year. Qualcomm forecasts Q2 revenue of $10.56 billion and earnings per share of $2.55, down from last year. CEO Cristiano Amon's upcoming keynote could shed light on the company's AI and data center strategies amid this challenging market.

Latest article

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

Silicon Motion Stock Jumps After Q1 Sales Double and AI Storage Outlook Tops Estimates

29 April 2026
Silicon Motion reported first-quarter revenue of $342.1 million, up 105% from a year earlier, and forecast second-quarter sales above Wall Street estimates. Shares rose $45.09 to $194.27 in New York trading. The company cited strong demand for embedded storage controllers and AI-related enterprise storage. CEO Wallace Kou said its MonTitan SSD controller platform will enter volume production this quarter.
Starbucks Stock Surges After Earnings Beat Makes Niccol’s Turnaround Look Real

Starbucks Stock Surges After Earnings Beat Makes Niccol’s Turnaround Look Real

29 April 2026
Starbucks raised its fiscal 2026 outlook after global comparable store sales rose 6.2% in the second quarter, beating analyst estimates. Shares jumped about 10% to $107.03. North American operating margin fell to 9.9% from 11.6% due to higher labor and product costs. The company now expects at least 5% comparable sales growth for the year.
Teradyne Stock Slides After Record AI Quarter. The Guidance Is Why.

Teradyne Stock Slides After Record AI Quarter. The Guidance Is Why.

29 April 2026
Teradyne shares fell 16% to $319.10 Wednesday after the chip-testing company forecast lower second-quarter revenue and profit, despite posting record first-quarter sales of $1.282 billion, up 87% from a year earlier. About 70% of revenue came from AI-related demand, but management warned of “lumpy growth” due to large customer programs.
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