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Stock Market News 3 February 2026

Nvidia stock slips after-hours as OpenAI IPO talk and chip-competition worries return

Nvidia stock slips after-hours as OpenAI IPO talk and chip-competition worries return

Nvidia shares fell 2.8% to $180.28 in after-hours trading Tuesday after CEO Jensen Huang confirmed plans to invest further in OpenAI, including its future IPO. A report said OpenAI is dissatisfied with some Nvidia chips and is considering alternatives. U.S. stocks closed lower, with the S&P 500 down 0.85%. Nvidia reports earnings on February 25.
Micron stock price slips after hours as insider sale notice and chart warning cool MU rally

Micron stock price slips after hours as insider sale notice and chart warning cool MU rally

Micron Technology shares fell 4.2% to $419.61 in after-hours trading Tuesday, reversing sharply from an intraday high of $452.31. A regulatory filing showed officer Sumit Sadana proposed selling 25,000 shares valued at about $10.7 million. The drop came as tech stocks broadly retreated, with the Nasdaq down 2.17%. Micron’s next earnings report is expected March 19.
3 February 2026
Palantir stock jumps after earnings; here’s what investors watch next for PLTR

Palantir stock jumps after earnings; here’s what investors watch next for PLTR

Palantir shares rose 6.9% to $157.90 in after-hours trading Tuesday after reporting a 70% jump in Q4 revenue to $1.407 billion and raising its 2026 outlook. U.S. government revenue climbed 66% to $570 million, while commercial revenue jumped 137% to $507 million. The company’s valuation remains under scrutiny, trading at 131 times projected earnings. Investors are watching for any disruption from the ongoing partial U.S. government shutdown.
BMNR stock slips as BitMine’s $10.7 billion crypto stash keeps its ether bet in focus

BMNR stock slips as BitMine’s $10.7 billion crypto stash keeps its ether bet in focus

BitMine Immersion Technologies shares fell 3.1% to $22.09 Tuesday, tracking a 1% drop in ether to $2,293. The company disclosed holdings of 4.29 million ETH and $10.7 billion in crypto, cash, and investments as of Feb. 1. BitMine bought 41,788 ETH last week and stakes about 2.9 million ETH. Its MAVAN validator network remains on track for a Q1 2026 launch.
Abbott (ABT) stock slips on FDA warning letter over FreeStyle Libre testing; dates to watch

Abbott (ABT) stock slips on FDA warning letter over FreeStyle Libre testing; dates to watch

Abbott Laboratories shares fell 0.6% to $108.77 after the FDA issued a warning letter over quality-control lapses in its FreeStyle Libre glucose monitors. The FDA said Abbott released devices without required accuracy tests and failed to ensure specs were met by third-party manufacturers. Abbott has 15 business days to respond. Shares had dropped as much as 2.9% earlier in the session.
3 February 2026
Lockheed Martin stock price slips on DZ Bank downgrade despite fresh Taiwan deal and Fujitsu pact

Lockheed Martin stock price slips on DZ Bank downgrade despite fresh Taiwan deal and Fujitsu pact

Lockheed Martin shares fell 1.1% to $628.94 Tuesday after DZ Bank downgraded the stock, bucking gains in other major defense names. The move followed Lockheed’s announcement of a $328.5 million U.S. contract for sensor systems to Taiwan and a new radar delivery to the Army. DZ Bank raised its price target to $665. Investors await Lockheed’s Q1 earnings on April 21.
AbbVie stock ticks up ahead of earnings after Rinvoq vitiligo filing—what investors watch next

AbbVie stock ticks up ahead of earnings after Rinvoq vitiligo filing—what investors watch next

AbbVie shares rose 0.8% to $227.55 Tuesday afternoon ahead of its quarterly earnings report due Wednesday morning. The company filed with U.S. and European regulators to expand Rinvoq’s use to non-segmental vitiligo, based on Phase 3 data. Investors are watching whether new immunology drugs can offset Humira’s sales decline.
Ball stock jumps nearly 9% after earnings beat, $900 million 2026 cash-flow goal in sight

Ball stock jumps nearly 9% after earnings beat, $900 million 2026 cash-flow goal in sight

Ball Corp shares jumped 8.9% to $61.75 after reporting fourth-quarter adjusted earnings of $0.91 a share on $3.35 billion in sales, both above analyst estimates. Global aluminum-packaging shipments rose 6%. The company forecast over 10% comparable profit growth in 2026 and warned of about $35 million in direct tariff costs. Ball completed an 80% purchase of Benepack for €184 million.
RTX stock price rises as Singapore expansion plan puts focus back on repair capacity

RTX stock price rises as Singapore expansion plan puts focus back on repair capacity

RTX shares rose 1.1% to $203.22 Tuesday after the company announced over $139 million in new investments to expand aerospace maintenance operations in Singapore. Collins Aerospace and Pratt & Whitney will boost repair capacity under new agreements, with full capabilities expected by 2030. Raytheon, an RTX unit, secured a DARPA contract for maritime defense tech and completed a ballistic test for the U.S. Army’s next-gen interceptor.
Westlake stock price jumps nearly 8% in late trade as chemical shares rise

Westlake stock price jumps nearly 8% in late trade as chemical shares rise

Westlake shares surged 7.7% to $90.22 Tuesday amid a broad rally in U.S. chemical stocks, with Dow and LyondellBasell also posting strong gains. Trading volume reached 1.3 million shares. Analysts remain split on sector outlook, citing oversupply risks and possible demand recovery. Westlake will showcase new building products at the Builders’ Show in Orlando Feb. 17–19.
3 February 2026
Wells Fargo stock price ticks up as banks buck a tech-led slide — here’s what traders watch next

Wells Fargo stock price ticks up as banks buck a tech-led slide — here’s what traders watch next

Wells Fargo shares rose 0.3% to $92.53 Tuesday afternoon, outperforming a 1.2% drop in the S&P 500 ETF. Banks gained as long-term Treasury yields edged higher, with investors betting on a steeper yield curve. The January jobs report was delayed due to the government shutdown, the Bureau of Labor Statistics said. Wells Fargo CFO Mike Santomassimo will speak at UBS’s Financial Services Conference on Feb. 10.
3 February 2026
TeraWulf stock jumps on Kentucky, Maryland power-site deal: what WULF investors are watching next

TeraWulf stock jumps on Kentucky, Maryland power-site deal: what WULF investors are watching next

TeraWulf shares rose 6.2% to $14.27 after announcing the acquisition of a Kentucky industrial site and a pending deal for a Maryland power plant, adding 1.5 GW to its capacity. The Kentucky deal closed Feb. 2; the Maryland transaction awaits regulatory approval. Century Aluminum sold the Hawesville, Kentucky plant but kept a minority stake. TeraWulf’s stock gained despite a 4% drop in bitcoin prices.
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
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.
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.
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.
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.
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Stock Market Today

Montage Technology Class A stock slides — traders now fixate on its Hong Kong debut

Montage Technology Class A stock slides — traders now fixate on its Hong Kong debut

8 February 2026
Montage Technology’s Shanghai-listed shares fell 2.74% to 163.54 yuan Friday, extending losses before its Hong Kong debut. The company priced its H-share sale at HK$106.89, raising about HK$6.90 billion. Hong Kong’s public tranche was 707 times subscribed. In grey market trading, shares traded around HK$152.5, 43% above the offer price.
Suzhou TFC Optical (300394.SZ) stock: 3 signals to watch before China’s short, pre-holiday week

Suzhou TFC Optical (300394.SZ) stock: 3 signals to watch before China’s short, pre-holiday week

8 February 2026
Suzhou TFC Optical closed up 0.4% at 252.97 yuan Friday after heavy trading and sharp swings, ranking as the No. 2 most-traded Shenzhen stock via Stock Connect. Margin financing and securities lending fell, with net margin selling of 419 million yuan. Shanghai and Shenzhen markets will close Feb. 16–23 for the Spring Festival. The company expects 2025 net profit to rise 40–60% year-on-year.
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