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Stock Market 4 February 2026
SpaceX shares traded near $185, down from a post-IPO high but still well above the IPO price, as profit-taking and debate over its $60 billion Cursor/Anysphere acquisition weighed on the stock. Options suggest volatility ahead, with index changes or research updates possible. SpaceX is also set to join the Russell 1000, with a heavy growth allocation. Marvell Technology rose over 7% to $310.58 and gained further pre-market as its S&P 500 inclusion drove index demand, with AI-networking optimism reflected in a high P/E. Micron hit an all-time high at $1,133.99, while Super Micro rose over 10% after a volatile week, with attention on a $7 billion equity-linked deal. CoreWeave and Rocket Lab will join the Nasdaq-100, with both stocks up for the week. Cognizant fell over 10% after Accenture’s weaker IT-services outlook and a rating cut, erasing about $2.4 billion in equity value. Infosys and other Indian IT stocks also dropped after Accenture trimmed its revenue growth forecast. Fiserv insiders bought shares, but the stock slipped ahead of the Juneteenth holiday. Campbell’s will move from the S&P 500 to the SmallCap 600. Verizon fell 5.7% as new plans and fee cuts shifted focus to subscriber growth, with a key debt-settlement step ahead. Plug Power rose but remains well below its 52-week high, with cash and financing in focus. Nu shares dipped but are up for the week, with a $1 billion buyback and index inclusion as catalysts. U.S. markets were closed for Juneteenth, with trading set to resume Monday.