Adobe stock price slides on AI disruption jitters; investors look to March earnings call
Adobe shares dropped Tuesday amid a late-session surge in selling across software stocks.
Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms
Wall Street dipped Tuesday, dragged down by software stocks rattled over worries that emerging AI tools could tighten margins and shift the competitive landscape. Investors also grappled with a flood of earnings reports from major U.S. firms. https://www.reuters.com/business/sp-nasdaq-futures-edge-up-earnings-deluge-takes-center-stage-2026-02-03/
Rocket Lab stock price jumps nearly 6% as SpaceX-xAI $1.25 trillion merger lifts space shares
Rocket Lab's stock climbed roughly 5.8%, hitting $78.43 in Tuesday afternoon trading. That pushes the space-launch firm's market cap close to $39.6 billion.
Qualcomm stock tumbles ahead of earnings as investors weigh analyst note, key executive exit
Qualcomm shares dropped roughly 5% to $144.94 during Tuesday afternoon trading.
Bloom Energy stock swings as AI data-center power demand keeps fuel-cell trade in focus
Bloom Energy Corporation shares climbed 2.3% to $159.72 in Tuesday afternoon trading, following a sharp jump earlier. The stock swung between $159.20 and $176.35, with roughly 9.7 million shares traded.
Amphenol stock slips as tech selloff keeps AI demand and CommScope deal in focus
Amphenol slipped 0.5% to $144.26 in Tuesday afternoon trading, after dipping to $140.98 earlier. TE Connectivity shares dropped around 2.2%, and Corning slid about 0.3%.
S&P 500, Nasdaq slip as software rout deepens; Palantir jumps and Walmart hits $1 trillion
U.S. stocks fell on Tuesday as selling in software and cloud shares dragged the S&P 500 and the Nasdaq lower, wiping out some early optimism tied to Palantir’s quarterly report.
Dow drops nearly 430 points as tech selloff deepens; Amazon, Alphabet earnings loom
The Dow Jones Industrial Average dropped 429.92 points, or 0.87%, to close at 48,977.74 on Tuesday afternoon. The S&P 500 fell 1.04%, and the Nasdaq Composite was down 1.68%.
Salesforce stock price slides nearly 8% as AI disruption fears hit software — what’s next for CRM
Salesforce shares dropped 7.9%, closing in on $194.24 Tuesday afternoon, after hitting a session low of $193.95. The stock slid $16.57 from Monday’s close and traded between $211.85 and $193.95 during the session.
Beyond Nvidia: Broadcom and TSMC tipped as big winners in the custom AI chip boom
Broadcom shares dropped around 6%, while TSMC slid about 2% in U.S. trading Tuesday, despite growing investor interest in custom AI chips competing with Nvidia’s leading graphics processors.
CoreWeave stock sinks below Nvidia deal price as lawsuit deadline comes into focus
CoreWeave shares dropped Tuesday, hit by class-action notices and a broader selloff in AI stocks. The stock traded down 3.6% to $85.71 by 1:17 p.m. EST, after opening at $90.86 and hitting a session high of $92.28.
KLA stock slides as chip-equipment names retreat; shutdown jitters and megacap earnings in focus
KLA Corporation shares dropped 4.5% to $1,346.85 by midday Tuesday, sliding alongside other semiconductor equipment firms as the broader tech sector weakened. Applied Materials, Lam Research, and ASML all fell between 3% and 4%, with semiconductor ETFs dipping roughly 3%.
Cisco stock climbs on NBC Sports Olympics networking deal as Feb. 11 earnings near
Shares of Cisco Systems, Inc. climbed 1.5% to $81.83 by midday Tuesday. The stock reached an intraday peak of $83.14 and had closed at $80.64 in the previous session, market data showed.
Applied Materials stock slips despite fresh Wall Street target hikes — what’s behind AMAT’s move
Applied Materials shares fell roughly 2% to $321.73 in midday trading Tuesday, erasing some of Monday’s gains and leaving the chip-equipment maker stuck in a weak tech sector.
Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens
Nvidia CEO Jensen Huang has called on Taiwan Semiconductor Manufacturing Co to boost output to keep pace with AI demand, underscoring just how constrained capacity is despite heavy investment in new chip fabs.
Broadcom stock dips today: AVGO slides as Wi‑Fi 8 push, VMware partner cuts sharpen focus on March earnings
Broadcom shares slipped 3.4% to $319.73 in late morning trading Tuesday, after kicking off at $336.60 and fluctuating from a high of $338.76 to a low of $315.15. The stock’s previous close was $331.11.
AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond
Advanced Micro Devices is set to release its fourth-quarter results after Tuesday’s market close, with expectations running high. Investors are focused on solid performance from the data-center segment and clearer insight into the pace of AI accelerator sales.
AMD stock price slips after early pop as OpenAI chip hunt meets earnings day
Advanced Micro Devices shares slipped 1.1% to $243.50 late this morning, after starting the day at $251 and hitting an intraday high of $252.52. The stock was down $2.77 from Monday’s close, with a low of $241.94 during the session.
SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast
SanDisk projected fiscal third-quarter revenue between $4.4 billion and $4.8 billion, with non-GAAP earnings expected at $12 to $14 per share, it said Tuesday. The company also anticipates a gross margin ranging from 65% to 67%. Shares jumped over 9% in after-hours trading. For the second quarter, SanDisk posted revenue of $3.025 billion, non-GAAP EPS of $6.20, and a gross margin of 51.1%. It generated $843 million in adjusted free cash flow and paid down $750 million in debt. Additionally, SanDisk agreed to spend $1.165 billion on manufacturing services from 2026 through 2029, extending its Yokkaichi joint venture with Kioxia to December 31, 2034.
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