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Stock Market News 3 February 2026

AT&T stock rises as $5.75 billion Lumen fiber deal closes — what investors watch next

AT&T stock rises as $5.75 billion Lumen fiber deal closes — what investors watch next

AT&T closed its $5.75 billion all-cash purchase of Lumen’s mass-markets fiber business on Feb. 2, adding over 1 million fiber subscribers and 4 million locations. AT&T shares rose 1.8% to $26.78, while Lumen fell 4.4%. Lumen plans to use $4.8 billion of proceeds to retire debt. The acquired network has about 25% customer penetration, below AT&T’s 40% average.
3 February 2026
Energy Fuels stock jumps 13% as Trump’s ‘Project Vault’ fuels rare earth, uranium rally

Energy Fuels stock jumps 13% as Trump’s ‘Project Vault’ fuels rare earth, uranium rally

Energy Fuels Inc. shares jumped 13.4% to $23.83 by 1:01 p.m. ET after President Trump announced “Project Vault,” a $12 billion U.S. plan to stockpile critical minerals. The U.S. Export-Import Bank approved up to $10 billion in direct loans for the effort. Investors also lifted MP Materials and USA Rare Earth. A ministerial on critical minerals is set for Feb. 4 in Washington.
USA Rare Earth stock jumps 16% as Trump’s Project Vault plan puts rare earths back on the tape

USA Rare Earth stock jumps 16% as Trump’s Project Vault plan puts rare earths back on the tape

USA Rare Earth shares surged 16% to $25.64 midday Tuesday after President Trump announced “Project Vault,” a $12 billion plan to stockpile critical minerals. The initiative includes a $10 billion Ex-Im Bank loan and $2 billion from private investors. Commodities traders Hartree, Traxys, and Mercuria will handle procurement. Other rare earth stocks also rose sharply.
3 February 2026
GE Aerospace stock flat as Boeing 777X GE9X seal issue, Singapore repair push grab attention

GE Aerospace stock flat as Boeing 777X GE9X seal issue, Singapore repair push grab attention

GE Aerospace shares edged up 0.04% Tuesday after the company disclosed a possible durability issue with a seal on its GE9X engine for Boeing’s 777X. GE plans to invest up to $300 million expanding its Singapore engine-repair operations, adding automation and AI inspection tools. Moody’s upgraded GE Aerospace’s senior unsecured rating to A2, citing a positive outlook.
ServiceNow stock slides again as AI disruption fears rattle software — what investors watch next

ServiceNow stock slides again as AI disruption fears rattle software — what investors watch next

ServiceNow shares fell 8.1% to $108.40 in midday trading Tuesday, leading declines as software stocks sold off. The S&P 500 software and services index dropped 3.3% amid renewed concerns about AI disruption. Investors cited the rollout of new AI tools and upcoming earnings from Alphabet and Amazon as key drivers. ServiceNow last week announced a $7.75 billion deal for Armis and raised its share buyback program.
Merck stock rises despite cautious 2026 outlook as patent losses loom

Merck stock rises despite cautious 2026 outlook as patent losses loom

Merck shares rose 3.1% to $116.86 after fourth-quarter earnings beat estimates, with Keytruda sales up 7% to $8.37 billion. The company forecast 2026 sales of $65.5–$67.0 billion, below Wall Street expectations, citing patent expirations and pricing pressure. Gardasil sales fell 34% to $1.03 billion. The FDA accepted Merck’s application for Winrevair, with a decision expected by September 2026.
DaVita stock price jumps nearly 20% as 2026 profit outlook beats Street; what investors watch next

DaVita stock price jumps nearly 20% as 2026 profit outlook beats Street; what investors watch next

DaVita shares rose nearly 20% to $132.98 after the company projected 2026 adjusted earnings per share of $13.60–$15.00, above analyst estimates. Fourth-quarter adjusted EPS reached $3.40 on revenue of $3.62 billion, both topping forecasts. The company cited higher reimbursement rates and a seasonal boost from flu vaccines. DaVita flagged a $40 million hit in 2026 from expiring ACA subsidies.
PepsiCo stock jumps as Lay’s and Doritos price cuts hit shelves after earnings beat

PepsiCo stock jumps as Lay’s and Doritos price cuts hit shelves after earnings beat

PepsiCo shares rose 3.7% to $160.99 Tuesday after the company cut U.S. snack prices and beat quarterly revenue and earnings forecasts. The company raised its dividend, confirmed 2026 targets, and approved a new $10 billion share buyback. Snack prices on brands like Lay’s and Doritos are dropping up to 15% this week. Investors are watching if lower prices will lift North American volumes before the Super Bowl.
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Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
NIO stock jumps on profit alert, with Monday’s open in focus

NIO stock jumps on profit alert, with Monday’s open in focus

7 February 2026
NIO shares jumped 7.23% to $5.04 Friday after the company forecast a swing to adjusted operating profit of up to 1.2 billion yuan for the fourth quarter. Trading volume reached 90.8 million shares, far above average. Nio’s deliveries rose 72% to 124,807 vehicles in the quarter. The company said results are preliminary and unaudited, with final figures due in March.
Snap stock price bounces to $5.22 after upgrades — what traders watch next week

Snap stock price bounces to $5.22 after upgrades — what traders watch next week

7 February 2026
Snap Inc. shares closed up 2% at $5.22 Friday after a volatile week, with 94 million shares traded. The company forecast Q1 revenue below analyst expectations, despite a fourth-quarter beat and a 28% rise in active advertisers. Daily active users fell by 3 million to 474 million. Analysts remain divided, with some upgrading and others trimming price targets.
Bradesco stock drops on 2026 guidance — what BBDC4 investors watch next week

Bradesco stock drops on 2026 guidance — what BBDC4 investors watch next week

7 February 2026
Bradesco’s preferred shares fell 2.55% to 20.61 reais Friday after the bank issued 2026 guidance pointing to slower growth in some areas. Fourth-quarter recurring net income rose 20.6% to 6.5 billion reais, with 2025 ROAE at 15.2%. The Ibovespa closed up 0.45%. Bradesco ADRs ended down 0.5% at $3.98 in New York.
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