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Stock Market 4 February 2026

Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber missed Q4 earnings estimates and projected Q1 adjusted EPS below forecasts, sending shares down over 8% premarket. Q4 revenue rose 20% to $14.37 billion, with trips and gross bookings each up 22%. CFO Prashanth Mahendra-Rajah will step down. Uber flagged a UK accounting change that will reduce reported mobility revenue margins.
Salesforce stock (CRM) slides as Anthropic AI plug-ins rattle software names before open

Salesforce stock (CRM) slides as Anthropic AI plug-ins rattle software names before open

Salesforce shares fell 6.9% to $196.38 Tuesday as concerns mounted that new AI agents from Anthropic could threaten the company’s subscription model. U.S. and European software stocks dropped sharply, with the S&P 500 software and services index down over 12% in five sessions. JPMorgan’s Toby Ogg said investor appetite is “very low.” Salesforce director Amy Chang was granted 1,766 RSUs, set to vest through November.
AI stocks wobble as AMD slips on forecast and Nvidia faces fresh China questions

AI stocks wobble as AMD slips on forecast and Nvidia faces fresh China questions

AMD fell 1.5% to $242.11 premarket Wednesday, dragging Nvidia down 2.8% and Broadcom 3.3% after AMD forecast Q1 revenue of $9.8 billion, below last quarter’s $10.27 billion. Software and cloud stocks also slid on AI margin concerns, while Nvidia’s China H200 chip sales reportedly stalled pending a U.S. review. OpenAI is exploring alternatives to Nvidia chips for inference workloads.
IRS W-2 and 1099 deadline just closed — late filers face $60-per-form penalties

IRS W-2 and 1099 deadline just closed — late filers face $60-per-form penalties

U.S. employers who missed the Feb. 2 deadline for filing W-2 and 1099 forms now face escalating IRS penalties, starting at $60 per return and rising to $340 or more for longer delays. The IRS requires electronic filing for most businesses and has tightened checks, prompting a surge in demand for e-filing and correction services as companies rush to avoid further fines.
4 February 2026
Wall Street futures steady after AI shock; Alphabet earnings and jobs data in focus

Wall Street futures steady after AI shock; Alphabet earnings and jobs data in focus

Dow futures rose 0.16% premarket, S&P 500 futures edged up 0.04%, and Nasdaq 100 futures dipped 0.06% after Tuesday’s tech-led selloff. The S&P 500 closed down 0.84%, Nasdaq fell 1.43%, and Dow lost 0.34% as AI disruption concerns hit software stocks. Chipmaker AMD warned of weaker revenue, sending shares down 8% after hours. President Trump signed a bill ending a four-day partial government shutdown.
FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE

FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE

FTSE 100 rose 1.0% to 10,418.51 by mid-morning Wednesday, with Beazley shares jumping nearly 9% after Zurich raised its takeover bid. GSK gained 2.3% on a positive long-term outlook. AI-linked stocks like RELX and LSEG fell again after recent tech sector jitters. Sterling hit a five-month high against the euro ahead of the Bank of England’s rate decision.
London Stock Exchange Group share price slides again as AI fears keep hitting LSEG stock

London Stock Exchange Group share price slides again as AI fears keep hitting LSEG stock

London Stock Exchange Group shares fell 1.8% to 7,048 pence by mid-morning, hovering near a 52-week low after a sharp two-day selloff in software and data stocks. The drop followed Anthropic’s launch of AI plug-ins, fueling fears over future subscription revenue. LSEG bought back over 253,000 shares on Feb. 3 at an average 7,685.36 pence each. Investors await Thursday’s Bank of England meeting amid continued volatility.
Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia’s S&P/ASX 200 closed up 0.8% at 8,927, lifted by miners and energy stocks as materials surged 3.6%. Technology shares plunged, with Xero down 15.9% and WiseTech Global off 10.7%. The Reserve Bank raised rates by 25 basis points to 3.85%, its first hike in two years. Neuren Pharmaceuticals entered a trading halt.
Digital Turbine stock jumps 20% premarket after outlook raise — what to watch at the open

Digital Turbine stock jumps 20% premarket after outlook raise — what to watch at the open

Digital Turbine shares surged about 20% to $5.93 in premarket trading after the company raised its full-year revenue and profit forecasts. Fiscal third-quarter revenue rose 12% to $151.4 million, with GAAP net income of $5.1 million. Debt fell by over $41 million to $355 million. Investors are watching if the rally holds at the open and how March-quarter demand develops.
UBS stock slides 5% after earnings as buyback and U.S. wealth outflows bite

UBS stock slides 5% after earnings as buyback and U.S. wealth outflows bite

UBS shares fell 5.2% to 35.16 Swiss francs in Zurich after the bank reported a 56% rise in fourth-quarter profit and announced a $3 billion share buyback for 2026. CFO Todd Tuckner warned outflows from the U.S. wealth unit will likely accelerate as advisers leave. UBS’s full-year net profit reached $7.8 billion. The bank’s capital return plans remain tied to pending Swiss regulatory changes.
S&P Global stock tumbled 11% on AI disruption fears — what to watch before earnings

S&P Global stock tumbled 11% on AI disruption fears — what to watch before earnings

S&P Global shares fell 11.3% premarket Wednesday to $468.21 after a broad selloff in data and analytics stocks, triggered by fears that new generative AI tools could erode pricing power. The company recently raised its dividend and confirmed plans to spin off its Mobility division, now branded as Mobility Global, Inc. Gartner, Intuit, and Equifax also dropped over 10%. The S&P 500 closed down 0.84% Tuesday.
Eli Lilly stock in focus before earnings after Novo warns on obesity-drug price squeeze

Eli Lilly stock in focus before earnings after Novo warns on obesity-drug price squeeze

Eli Lilly shares fell 0.5% to $998.50 in premarket trading Wednesday after a 4% drop Tuesday, following Novo Nordisk’s warning of up to a 13% drop in 2026 sales and profits. Novo cut prices and launched an oral Wegovy, while Lilly plans to cap higher-dose obesity drug prices at $399 per month for repeat cash buyers. Investors await Lilly’s Q4 results and comments on pricing and competition.

Stock Market Today

  • Amazon Beats Q1 Earnings Estimates with Strong AWS Growth
    April 29, 2026, 4:38 PM EDT. Amazon surpassed first-quarter earnings and revenue estimates, reporting earnings per share of $2.78 against the expected $1.64, and total revenue of $181.52 billion versus the predicted $177.30 billion. Its cloud computing division, Amazon Web Services (AWS), grew 28% year-over-year to $37.59 billion, topping analyst expectations. Advertising revenue also beat forecasts, reaching $17.24 billion. Despite the positive results, Amazon's shares fell over 3% in after-hours trading. The company is scheduled to hold an investor conference call at 5:30 p.m. ET to discuss the results further. AWS remains a crucial growth driver as Amazon aims to solidify its position in the competitive AI cloud market.

Latest article

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

29 April 2026
Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

29 April 2026
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million, up 11%, and non-GAAP earnings of 26 cents per share, both above estimates. The company forecast Q4 revenue of $330–$335 million, topping FactSet’s $326.9 million estimate. SaaS annual recurring revenue rose 28.6% to $236.4 million. Net income climbed to $10.6 million from $3.5 million a year earlier.
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