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Stock Market News 3 February 2026

SCHD dividend ETF is beating the S&P 500 in 2026 — what’s driving the comeback

SCHD dividend ETF is beating the S&P 500 in 2026 — what’s driving the comeback

Schwab’s SCHD ETF has gained 8.5% year-to-date, far outpacing the S&P 500’s 1% rise and nearing an all-time high, according to Invezz. The fund held $79 billion in net assets as of Feb. 2, with a 3.82% trailing 12-month yield and a 0.06% annual expense ratio. Vanguard announced fee cuts across 53 funds Monday amid intensifying competition.
Apple stock price today: AAPL slides as tech dips, India tax win and chip-cost jump loom

Apple stock price today: AAPL slides as tech dips, India tax win and chip-cost jump loom

Apple shares fell 0.7% to $268.07 in early trading Tuesday, lagging the S&P 500 as tech stocks slid. India removed a tax barrier for foreign equipment in electronics manufacturing zones, a move Apple had sought to support iPhone exports. Meanwhile, TrendForce projected DRAM contract prices will surge up to 95% this quarter, raising concerns over rising component costs for devices.
AMD stock price slips after early pop as OpenAI chip hunt meets earnings day

AMD stock price slips after early pop as OpenAI chip hunt meets earnings day

AMD shares fell 1.1% to $243.50 late Tuesday morning, reversing early gains ahead of the company’s quarterly earnings report due after the close. The drop followed a Reuters report that OpenAI is seeking alternatives to Nvidia AI chips, citing dissatisfaction with inference performance. Nvidia stock fell 3.1%, while Intel rose 2.3%. Investors are awaiting updates on AMD’s data-center and AI accelerator plans.
SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast

SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast

SanDisk forecast third-quarter revenue of $4.4–$4.8 billion and non-GAAP EPS of $12–$14, sending shares up over 9% after hours. The company posted $3.025 billion revenue and $803 million net profit for Q2, reversing a prior loss. SanDisk extended its Kioxia joint venture to 2034 and committed $1.165 billion to manufacturing services. Memory chip prices are surging amid an “unprecedented” shortage, driven by AI data center demand.
Western Digital stock jumps on $4 billion buyback boost as WDC investors eye Innovation Day

Western Digital stock jumps on $4 billion buyback boost as WDC investors eye Innovation Day

Western Digital shares rose 6.6% to $288.13 Tuesday after the company authorized an additional $4 billion for share repurchases, with $484 million left from the previous plan. The announcement comes ahead of Innovation Day, where executives are expected to address capital returns and AI-storage demand.
SoFi stock pops on JPMorgan upgrade, then cools as Wall Street trims targets

SoFi stock pops on JPMorgan upgrade, then cools as Wall Street trims targets

SoFi shares rose 0.2% to $22.12 by mid-morning Tuesday after JPMorgan upgraded the stock to Overweight with a $31 target. A recent SEC filing showed Chief Risk Officer Arun Pinto entered a hedging contract tied to 71,500 shares. SoFi will liquidate its Next 500 ETF after trustee approval. The stock briefly reached $23.34 before retreating.
Snap stock slides ahead of earnings as traders brace for ad-demand update

Snap stock slides ahead of earnings as traders brace for ad-demand update

Snap shares fell about 6% to $6.26 Tuesday morning ahead of its fourth-quarter earnings report due Wednesday after market close. Analysts expect earnings near 15 cents per share on $1.70 billion revenue. Trading volume Monday hit 54.1 million shares, well above average. Investors are watching ad demand and user trends as new youth-safety rules take effect in key markets.
Micron stock falls today after rally; insider sale notice and chart warning in focus

Micron stock falls today after rally; insider sale notice and chart warning in focus

Micron Technology shares fell 4.4% to $418.34 Tuesday morning after rallying 5.5% Monday. SEC filings show officer Sumit Sadana plans to sell 25,000 shares worth about $10.7 million. Traders cited volatile AI-driven memory demand and flagged Micron’s extreme distance above its 200-day moving average. Advanced Micro Devices reports earnings after the close.
Salesforce stock drops 5% — Cramer calls it “really great” as Wall Street waits for Agentforce revenue

Salesforce stock drops 5% — Cramer calls it “really great” as Wall Street waits for Agentforce revenue

Salesforce shares fell over 5% Tuesday to $199.65, with ServiceNow down 7% and Microsoft and Oracle also slipping. Investors are discounting enterprise software stocks despite Salesforce’s Agentforce segment reaching $500 million in annual recurring revenue, up 330% year over year. Salesforce recently announced a $5.6 billion, 10-year contract framework with the U.S. Army. Analyst targets and ratings remain positive.
Ford stock rises as investors eye Feb. 10 earnings after supplier snag, F-150 probe

Ford stock rises as investors eye Feb. 10 earnings after supplier snag, F-150 probe

Ford shares rose 1.5% to $14.02 in early Tuesday trading as investors looked ahead to next week’s earnings despite ongoing supply and safety concerns. The National Highway Traffic Safety Administration expanded its probe into 1.27 million older F-150 pickups over transmission issues. Ford continues to face aluminum shortages after a fire at a key supplier’s plant. The company will update its outlook on Feb. 10.
Amazon stock slips as AWS flags Europe power-grid delays — with earnings days away

Amazon stock slips as AWS flags Europe power-grid delays — with earnings days away

Amazon shares fell 1.7% to $238.73 Tuesday morning after AWS warned of up to seven-year delays for power-grid connections in Europe, hindering data center expansion. The announcement comes two days before Amazon’s quarterly results, heightening investor focus on cloud and AI spending. The Invesco QQQ Trust dropped 1.1%, while the SPDR S&P 500 ETF slipped 0.4%.
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LSEG share price: London Stock Exchange Group stock braces for Monday after AI jitters and buyback move

LSEG share price: London Stock Exchange Group stock braces for Monday after AI jitters and buyback move

7 February 2026
London, Feb 7, 2026, 08:20 GMT — Market closed. London Stock Exchange Group plc (LSEG.L) shares ended Friday at 7,502 pence, down about 1.1% on the day, with London markets shut for the weekend and set to reopen on Monday. (MarketWatch) The stock has been caught in a wider repricing of software, data and analytics names as investors question which business models benefit from the next wave of AI — and which get squeezed. “It’s a de-risking trade,” Andrew Wells, chief investment officer at SanJac Alpha, said, as he argued the AI build-out had become “too pricey.” (Reuters) LSEG also
GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
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