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Stock Market News 3 February 2026

Corning stock rises as market slides: what GLW traders are watching next

Corning stock rises as market slides: what GLW traders are watching next

Corning shares rose 1.4% to $111.86 Tuesday, outperforming major U.S. stock ETFs, after forecasting first-quarter sales above Wall Street estimates and announcing a multi-year Meta supply deal. SEC filings show insider sales on Feb. 2, including Eric Musser and Michael Paul O'Day. The stock traded between $109.64 and $117.50 amid volatility. Optical-fiber demand now accounts for nearly 40% of company revenue.
3 February 2026
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Union Pacific stock price rises 2% as UNP tracks rail rally; merger deadline in focus

Union Pacific stock price rises 2% as UNP tracks rail rally; merger deadline in focus

Union Pacific shares rose 2.2% to $240.34 Tuesday afternoon, rebounding from a session low after earlier declines. CSX, Norfolk Southern, and Canadian Pacific Kansas City also gained. Investors are focused on the regulatory review of Union Pacific’s proposed merger with Norfolk Southern and freight demand projections for 2026. The Surface Transportation Board returned the merger application last month, citing missing data.
3 February 2026
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Rocket Companies stock jumps 8% as RKT swings on mortgage volume talk

Rocket Companies stock jumps 8% as RKT swings on mortgage volume talk

Rocket Companies shares jumped 8.2% to $20.32 late Tuesday, with trading volume near 44.6 million shares. CEO Varun Krishna told CNBC the firm is seeing its highest mortgage loan volume and gain-on-sale margin in four years. UWM Holdings, loanDepot, and PennyMac Financial Services all fell. Rocket reports earnings Feb. 19.
3 February 2026
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AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

U.S. stocks dropped Tuesday, with the S&P 500 down 1.46% and the Nasdaq off 2.17% as investors worried AI could pressure software makers’ margins. PayPal plunged 19% after a CEO change and weak outlook, while Walmart reached a $1 trillion market value. The 10-year Treasury yield rose to 4.287%. The House narrowly passed a bill to end the government shutdown.
3 February 2026
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TJX stock rises as Wall Street tumbles on AI disruption fears — what investors watch next

TJX stock rises as Wall Street tumbles on AI disruption fears — what investors watch next

TJX shares rose about 1.5% to $152.36 Tuesday afternoon, bucking a broad market decline as tech stocks fell on renewed AI concerns. Value-focused retailers outperformed, with Walmart up 2.2% and Ross and Burlington each gaining around 1%. Traders are watching for TJX’s quarterly update later this month. Key labor data releases remain delayed due to a partial U.S. government shutdown.
3 February 2026
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Adobe stock price slides on AI disruption jitters; investors look to March earnings call

Adobe stock price slides on AI disruption jitters; investors look to March earnings call

Adobe shares fell 7.1% to $272.62 Tuesday, leading a sharp sell-off in software stocks after Anthropic launched a new AI legal tool. Investors cited fears that generative AI could disrupt established players and pressure margins. Adobe will report earnings March 12, with focus on AI monetization and demand trends.
3 February 2026
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Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms

Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms

U.S. stocks fell Tuesday, with the Nasdaq down nearly 2% as tech and software shares slid on AI disruption fears. Alphabet and Amazon dipped ahead of earnings, while Nvidia and Microsoft also declined. Teradyne jumped over 20% on a strong forecast. Labor-market data was delayed by the ongoing partial government shutdown.
3 February 2026
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Taseko Mines (TGB) stock price jumps 13% as copper rebounds and insider sales hit the tape

Taseko Mines (TGB) stock price jumps 13% as copper rebounds and insider sales hit the tape

Taseko Mines shares rose 12.7% to $8.69 in NYSE American trading Tuesday, tracking a rebound in copper prices and metals stocks. Copper futures climbed nearly 4% after reports China may boost stockpiles. Insider filings showed executives and a director exercised and sold options totaling 200,000 shares at prices between C$10.50 and C$11.76. Trading volume reached about 10.4 million shares.
3 February 2026
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AST SpaceMobile (ASTS) stock jumps 6% as SpaceX-xAI merger lifts U.S. space shares

AST SpaceMobile (ASTS) stock jumps 6% as SpaceX-xAI merger lifts U.S. space shares

AST SpaceMobile shares rose 6.3% to $111.11 Tuesday after a sector rally triggered by SpaceX’s planned merger with xAI. About 11.5 million shares traded as investors focused on AST’s upcoming BlueBird 7 satellite launch and a new U.S. Missile Defense Agency contract. Scotiabank recently downgraded the stock, citing valuation concerns and lack of retail customers.
3 February 2026
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Carpenter Technology stock price jumps nearly 8% as raised outlook keeps CRS in focus

Carpenter Technology stock price jumps nearly 8% as raised outlook keeps CRS in focus

Carpenter Technology shares jumped 7.8% to $335.75 Tuesday after the company raised its full-year profit outlook and reported record second-quarter operating income of $155.2 million. Trading volume reached 1.2 million shares by mid-afternoon. The company cited strong aerospace and defense demand and projected Q3 operating income of $177 million to $182 million. Investors await third-quarter results due April 23.
3 February 2026
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Qualcomm stock tumbles ahead of earnings as investors weigh analyst note, key executive exit

Qualcomm stock tumbles ahead of earnings as investors weigh analyst note, key executive exit

Qualcomm shares fell about 5% to $144.94 in afternoon trading Tuesday, underperforming a broader chip stock decline. The drop followed news of a senior engineering executive’s exit and a cautious analyst note ahead of Wednesday’s quarterly earnings report. The iShares Semiconductor ETF slipped 3.5%, while Nvidia dropped over 4%. Qualcomm will hold its earnings call at 4:45 p.m. ET on Feb. 4.
3 February 2026
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Boston Scientific stock slips today: what to know before earnings and key Watchman trial data

Boston Scientific stock slips today: what to know before earnings and key Watchman trial data

Boston Scientific (BSX.N) slipped 0.7% to $91.20 in Tuesday afternoon trading, with about 10.4 million shares exchanged. CEO Michael F. Mahoney filed to potentially sell up to 160,901 shares valued at $15 million. The company reports fourth-quarter earnings Wednesday morning. Investors await late-March CHAMPION-AF trial results for the Watchman device.
3 February 2026
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HYMC stock jumps as gold snaps back — why Hycroft Mining shares are moving now

HYMC stock jumps as gold snaps back — why Hycroft Mining shares are moving now

Hycroft Mining shares surged 11.6% to $39.30 Tuesday afternoon, tracking sharp rebounds in gold and silver prices. Spot gold jumped 5.2% to $4,906.82 an ounce, while U.S. gold futures posted their biggest one-day gain since 2008. Trading volume in Hycroft reached 4.7 million shares. The company does not expect significant revenue until mining restarts.
3 February 2026
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Stock Market Today

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

7 February 2026
U.S. oil stocks surged Friday as crude prices rose on renewed Middle East tensions. Exxon Mobil gained 2.0%, ConocoPhillips 2.5%, and Occidental Petroleum 2.7%. Refiners rallied after a national union deal eased strike risk, though BP’s Whiting plant faces a local dispute. Brent settled at $68.05 a barrel, up 0.74%.
Silver price rebound masks fresh stress after CME lifts margins again

Silver price rebound masks fresh stress after CME lifts margins again

7 February 2026
Spot silver surged 8.6% to $77.33 an ounce Friday after dropping below $65, but still lost over 8.7% for the week. CME Group raised margin requirements for COMEX silver futures to 18% from 15%, effective after Feb. 6. China’s UBS SDIC Silver Futures Fund hit its 10% down limit for a fifth session. Traders await key U.S. jobs and inflation data next week.
Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

7 February 2026
China’s central bank raised gold reserves for a 15th month in January, reaching 74.19 million ounces worth $369.58 billion. Gold prices swung sharply, hitting a record near $5,600 before dropping to $4,403.24. CME Group hiked COMEX gold futures margins to 9% after recent volatility. U.S. jobs and inflation data are due next week after a delay.
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