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Stock Market 3 February 2026 - 4 February 2026

Chevron stock price hits a fresh 52-week high as oil firms; what CVX investors watch next

Chevron stock price hits a fresh 52-week high as oil firms; what CVX investors watch next

Chevron shares climbed 2.3%, closing at $178.04 on Tuesday and hitting a fresh 52-week high. The energy sector pushed higher despite a broader market pullback. Trading volume reached about 18.2 million shares, surpassing the stock’s 50-day average. Exxon Mobil and ConocoPhillips also saw gains, each rising over 3%, even as the S&P 500 and Dow finished lower.
4 February 2026
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Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit shares dropped 10.9% to $434.09 in after-hours trading, following an 11% slide during regular session. Salesforce, Datadog, and Adobe each lost roughly 7%, while Synopsys and Atlassian declined about 8%. The S&P 500 software and services index tumbled 3.8%. “We’re seeing a lot of software companies across the spectrum get hit,” noted Art Hogan, chief market strategist at B. Riley Wealth. John Campbell of Allspring Global Investments added that parts of the market were “priced for perfection.”
4 February 2026
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Texas Instruments stock steadies after-hours as $7 billion Silicon Laboratories talks report surfaces

Texas Instruments stock steadies after-hours as $7 billion Silicon Laboratories talks report surfaces

Texas Instruments hovered around $225 in after-hours trading Tuesday, following a Financial Times report that it’s close to a $7 billion deal to acquire Silicon Laboratories. Shares of Silicon Labs jumped 28%, while Texas Instruments slipped about 1% in extended hours. Reuters has yet to verify the report. The stock finished the regular session up slightly, gaining 0.13% to close at $225.21.
4 February 2026
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Eli Lilly stock price drops 4% as Novo outlook jars weight-loss trade ahead of earnings

Eli Lilly stock price drops 4% as Novo outlook jars weight-loss trade ahead of earnings

Eli Lilly and Company shares dropped 3.9%, closing at $1,003.46 on Tuesday, then held steady in after-hours trading. Novo Nordisk’s U.S.-listed shares plunged 14%, after it forecast a steeper sales decline than expected for 2026, weighing on the obesity-drug sector. Pfizer also slipped following new weight-loss drug data. “Novo’s showing there’s a market for oral options,” noted Citizens analyst Jonathan Wolleben.
4 February 2026
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Western Digital stock jumps after $4 billion buyback boost and 100TB drive roadmap

Western Digital stock jumps after $4 billion buyback boost and 100TB drive roadmap

Western Digital Corporation shares jumped 7.4% to $290.24 in after-hours trading Tuesday, following the company’s announcement of an additional $4.0 billion share buyback authorization. During the session, the stock fluctuated between $272.11 and $296.27. The company said it could repurchase shares either on the open market or privately, including through a Rule 10b5-1 prearranged trading plan, and retains the option to pause or halt the program at any time.
4 February 2026
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Intel stock rises after CEO flags a new GPU push to take on Nvidia

Intel stock rises after CEO flags a new GPU push to take on Nvidia

Intel shares ticked up about 0.9% to $49.25 in after-hours trading Tuesday after CEO Lip-Bu Tan spoke to Reuters. He disclosed Intel’s plans to build graphics processing units for data centers and confirmed they’ve brought on Qualcomm veteran Eric Demmers as chief GPU architect. “I just hired the chief GPU architect, and he’s very good,” Tan said. He added that Intel is already talking with several customers and expects volume production using its 14A process to accelerate later in 2026.
4 February 2026
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Dow Jones slips 167 points on AI disruption fears; Alphabet, Amazon earnings next

Dow Jones slips 167 points on AI disruption fears; Alphabet, Amazon earnings next

The Dow Jones Industrial Average dropped 166.67 points Tuesday, closing down 0.34% at 49,240.99 as tech and software stocks came under pressure amid renewed worries about AI squeezing profit margins. “We’re seeing a lot of software companies across the spectrum get hit,” said Art Hogan, chief market strategist at B. Riley Wealth. The S&P 500 fell 0.84% to 6,917.81, while the Nasdaq slid 1.43% to 23,255.19. Merck bucked the trend, rising 2.2% after reporting results, and PepsiCo surged 4.9% following announcements of price cuts on brands like Lay’s and Doritos.
3 February 2026
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