Stock Market 4 February 2026

Federal Direct Loan borrowers using auto pay will receive a temporary 1 percentage-point rate cut from July 1, 2026, through June 30, 2028, provided enrollment is active by September 30. Bloom Energy shares traded above last week’s record, with a survey showing 61% of AI data-center builders plan to secure their own power if necessary. ITG is offering 19.5 million Class A shares at $19 to $22 each, valuing the Oaktree-backed digital infrastructure contractor at up to $2.67 billion, as the U.S. IPO calendar grows. AbbVie is offering $135.11 per share in cash, a 49% premium, aiming to close the deal in Q3; Apogee claims its eczema drug may reduce injection frequency versus Dupixent, with Phase 3 trials planned this year. FTSE Russell will finalize new index memberships after Friday’s U.S. close, with rebuilt indexes operating from Monday. SCHD saw notable inflows flagged by TipRanks despite a price drop, as investors revisit dividend funds amid stable Treasury yields and volatile tech stocks. CoreWeave and Nebius joined the Nasdaq-100, along with Astera Labs, Rocket Lab, and Teradyne, but CoreWeave and Nebius fell after earlier rallies. IBM’s decline is tied to Accenture’s results, not new IBM warnings, with markets debating if enterprise AI will cut consulting hours before boosting software revenue. VanEck Semiconductor ETF had $6.93 billion in net inflows, about 32% of total tech fund inflows. HIVE surged 20% after Columbia University researchers trained AI models on its GPUs in Paraguay, and older Nvidia A40 GPUs remain viable. Broadcom shares fell despite JPMorgan disputing Google TPU roadmap concerns, with risks now focused on securing full AI racks and financing at scale. Social Security will finish June payouts this week, but $5,181 checks only go to those with maximum lifetime earnings. Lime is offering up to $180.9 million in shares, with Uber possibly buying $20 million. Chevron will supply natural-gas power to Microsoft’s new Texas data center under a 20-year deal, as Microsoft reported 40% Azure growth and 23% AI revenue share. Alphabet shares dropped 5.6% on AI cost concerns, share sales, and management changes, but Citizens maintained a Market Outperform rating and $515 target. AMC reported its biggest U.S. weekend of 2026 with Toy Story 5, but shares slipped slightly. The S&P 500 and Dow rose while the Nasdaq fell due to mega-cap losses outweigh