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Stock Market 5 February 2026

Rocket Lab stock drops again today: RKLB slides as SpaceX-xAI buzz fades, Mars funding in focus

Rocket Lab stock drops again today: RKLB slides as SpaceX-xAI buzz fades, Mars funding in focus

Shares of Rocket Lab Corporation dropped nearly 6% on Thursday, hovering around $69 as the stock continued its recent slide affecting several space-related companies this week. By roughly 12:15 p.m. EST, the Nasdaq-listed stock was down 5.9% at $68.74, with about 11 million shares changing hands. This followed a 10% plunge in the previous session, according to MarketScreener data.
Hims & Hers (HIMS) stock whipsaws on $49 “compounded Wegovy pill” plan as Novo Nordisk threatens legal action

Hims & Hers (HIMS) stock whipsaws on $49 “compounded Wegovy pill” plan as Novo Nordisk threatens legal action

Shares of Hims & Hers Health Inc swung sharply Thursday following the company’s announcement that it plans to offer a low-cost compounded version of Novo Nordisk’s new Wegovy weight-loss pill. Novo Nordisk promptly threatened legal action. The stock bounced back to $24.41 in late morning trading after earlier surging to $29.44.
Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

Alphabet’s up to $185 billion AI capex plan hits Wall Street as Nasdaq slides again

Wall Street dipped again Thursday, dragged down by tech stocks as worries resurfaced over the costs tied to AI development, with Alphabet and Qualcomm leading the declines. At 9:41 a.m. ET, the Dow was off 0.56%, the S&P 500 had fallen 0.51%, and the Nasdaq slipped 0.50%. Alphabet dropped 2.6%, while Qualcomm plunged about 8%. Melissa Brown from SimCorp called the AI trade “perhaps the extinguisher this year.”
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