Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz
3 February 2026
65 mins read

Stock Market Today 03.02.2026


LIVEMarkets rolling coverageStarted: Updated:

Asian Shares Jump Led by South Korea and Tokyo Tech Stocks Amid Earnings Watch

February 3, 2026, 1:17 AM EST. Asian shares surged sharply on Tuesday, with South Korea's Kospi rising 5% and Tokyo's Nikkei 225 gaining 3.2%, driven by strong demand for tech stocks like Samsung Electronics and Disco Corp. Investors awaited key earnings reports to assess effects of U.S. tariffs and potential Chinese export restrictions on rare earths. U.S. markets rebounded, with the S&P 500 up 0.5%, led by Sandisk's 15.4% jump after strong profits linked to the AI boom. Precious metals climbed again amid volatility, with gold up 3.4% and silver 7.5%, reflecting concerns over Federal Reserve independence and global economic risks. The mixed moves highlight cautious optimism tempered by ongoing geopolitical and market uncertainties.

JP Morgan Upholds Nifty 30,000 Year-End Target Post India-US Trade Deal

February 3, 2026, 1:16 AM EST. JP Morgan has reiterated its year-end target for the Nifty index at 30,000 points, following the recent India-US trade deal. The trade agreement is seen as a positive catalyst for India's equity markets, potentially boosting investor confidence and economic growth prospects. This firm outlook from a leading global bank highlights sustained optimism despite current market volatility. The Nifty's performance amid fresh trade ties reflects expectations of increased trade flows and foreign investments between the two nations.

Top European Growth Stocks with Strong Insider Ownership

February 3, 2026, 1:15 AM EST. European growth stocks with significant insider ownership, such as Warimpex Finanz- und Beteiligungs (25.9%) and KebNi (35%), showcase robust alignment between management and shareholders amid the eurozone recovery. These companies have reported high earnings growth, with Clavister Holding AB up by 113.2% and MilDef Group by 86.4%. Notable examples include Lectra SA, with 12.7% insider ownership and a forecasted 20.4% annual earnings growth, and Andfjord Salmon Group AS, boasting 23.7% insider holdings and expected to grow earnings by 53.9% annually despite recent losses. These firms offer compelling prospects as European markets navigate ongoing geopolitical uncertainties.

Record High VKOSPI Reflects Rising Hedging Costs Amid Korean Stock Volatility

February 3, 2026, 1:12 AM EST.Investors are paying record levels to hedge against volatility in South Korea's stock market as the Kospi 200 Volatility Index (VKOSPI) reached an all-time high relative to the U.S. Cboe Volatility Index. The spike followed the biggest slump since April, fueled by concerns over the artificial intelligence boom and its impact on chip heavyweights Samsung and SK Hynix. Despite a quick market rebound, elevated VKOSPI signals persistent uncertainty. Market participants are cautious amid the Kospi's doubling since last April, with one-month options to protect against a 10% drop hitting the highest premium since November. Experts recommend waiting for clearer market direction but recognize ongoing opportunities in the dip.

India-U.S. Trade Deal Sparks Sensex Jump Over 5%; Nifty Nears Record High

February 3, 2026, 1:11 AM EST. India's benchmark stock indices surged sharply after a new trade deal with the U.S. lowered reciprocal tariffs on Indian goods from 25% to 18%. The BSE Sensex gained 5.14%, rising over 4,200 points to 85,871, while the NSE Nifty climbed nearly 5% to 26,341, nearing its all-time high. Key stocks like Adani Ports, Bajaj Finance, and Reliance Industries led gains, with textile and leather sectors rallying as much as 20%. The deal is seen as a game changer, boosting market sentiment alongside expected EU trade agreements and pro-growth budget measures. The Indian rupee strengthened 1.19 against the dollar. Asian indices, including South Korea's Kospi, also advanced. Investors reacted strongly despite foreign institutional outflows of ₹1,832 crore, offset by domestic institutional buying of ₹2,446 crore, highlighting renewed confidence amid global reactions.

Cotton Futures Recover Midday Despite Early Losses Amid US-India Trade Update

February 3, 2026, 1:10 AM EST. Cotton futures pulled off early losses, trading 14 to 18 points lower at midday with March cotton at 63.02 cents per pound. President Trump announced a positive call with India's President Modi, including a tariff reduction from 25% to 18% and India's commitment to purchase over $500 billion in US goods, including cotton. Managed money increased net short positions in cotton as of Jan. 27. The Cotlook A Index dropped 20 points to 73.95 cents on Jan. 30. ICE certified cotton stocks rose by 25,666 bales to 34,226. Crude oil futures fell $3.39 to $61.82 per barrel, and the US dollar index gained 0.641 to 97.500. Market participants are closely watching trade developments and inventory data for direction.

Stock Indexes Rise as Chip and AI Stocks Rebound Amid Mixed Economic Signals

February 3, 2026, 1:09 AM EST. U.S. stock indexes climbed, with the S&P 500 up 0.25%, Dow Jones 0.57%, and Nasdaq 100 0.42%, led by a rebound in chip makers and AI infrastructure stocks recovering from last week's losses. Rare-earth mineral stocks gained on President Trump's $12 billion plan to build a critical minerals stockpile, reducing reliance on China. However, a third day of partial U.S. government shutdown weighed on sentiment. Energy stocks fell as WTI crude dropped over 4% amid easing Iran tensions. Bitcoin sank over 7% to a 9.75-month low, with significant long position liquidations seen. Weak Chinese PMI data signaled economic contraction, pressuring global growth outlooks. Market focus turns to key economic releases including ISM indices, job reports, and consumer sentiment ahead of ongoing Q4 earnings.

Soybean Prices Slip Amid Mixed Market Signals and Trade Developments

February 3, 2026, 1:08 AM EST. Soybean futures fell 5 to 6 cents Monday midday, with the national average cash bean price down 4 1/4 cents to $9.93 1/4. Soymeal futures gained 30 to 50 cents, while soy oil futures dropped 52 points. The USDA reported weekly soybean export shipments at 1.31 million metric tons, 1.9% below the previous week but 14.9% higher year-on-year. China remained the top buyer. Marketing year exports are down 35.7% compared to last year. A recent U.S.-India agreement to lower tariffs and boost purchases could influence demand, as India is a top buyer of U.S. bean oil. Speculators increased net long positions in soybean futures by 7,261 contracts as of January 27. Brazil's soybean crop estimates rose, with early harvest progress at 10%. Traders anticipate USDA crush data later today.

Wheat Prices Decline Amid Strong US Dollar and Mixed Export Data on Monday

February 3, 2026, 1:07 AM EST. Wheat prices continued to decline on Monday, pressured by a strengthening US dollar index, which rose by $0.586. Chicago SRW wheat futures dropped 10 to 11.5 cents, while KC HRW and MPLS spring wheat also fell by around 9 to 10 cents. Export inspections showed weekly wheat shipments at 326,828 metric tons, down 13.76% from the previous week but 29.11% higher than the same week last year. Marketing year shipments are up 18.61% year-on-year at 16.69 million metric tons. Managed money traders reduced their net short positions, signaling some covering in wheat futures and options. Taiwan awarded a significant wheat tender of 106,350 metric tons last week, supporting trade activity despite price weakness.

Corn Futures Slip 2-3 Cents Amid Mixed Export and Crop Data

February 3, 2026, 1:06 AM EST.Corn futures declined by 2 to 3 1/4 cents at midday Monday, with the national average Cash Corn price down 2 3/4 cents to $3.91 1/2. The week's export inspections showed 1.136 million metric tons (MMT) shipped, down nearly 10% from the prior week and 26.55% from last year, with Japan leading destinations. The marketing year total remains 49.86% above last year. Managed money speculators reduced net shorts by 9,274 contracts in the week ending Jan. 27. Brazilian crop progress showed slower first crop harvest at 10%, but second crop planting ahead by 4 points year-over-year, with StoneX raising production estimates for both crops. Corn prices moved lower across contracts amid these mixed factors and a stronger U.S. dollar.

Global Sugar Prices Fall on Supply Surplus; India and Brazil Production Rise

February 3, 2026, 1:05 AM EST. Sugar prices fell again, with New York sugar hitting a nearly four-year low amid forecasts of a global sugar surplus. The USDA projects a 4.7% increase in 2025/26 world sugar production to a record 189.3 million metric tons, pushing a supply surplus to 41.2 million tons, 7.5% higher year-over-year. India, the second-largest producer, expects a 19%-25% rise in production, helped by above-normal monsoon rains and expanded cane acreage. Brazil's sugar output is also seen reaching a record 44.7 million tons. Although rising crude oil prices could reduce sugar supply by boosting ethanol production, abundant global supplies and eased Indian export restrictions continue to weigh on sugar prices.

AI Predicts Nvidia Stock Price Rise to $196.88 by February 2026

February 3, 2026, 1:02 AM EST. Nvidia (NASDAQ: NVDA) shares dropped 2.5% amid rumors that management is reconsidering its recent OpenAI investment. Despite this, AI-driven models forecast a positive near-term outlook. Finbold's tool, aggregating ChatGPT, Gemini 2.5 Flash, and Claude Sonnet 4, predicts an average stock price of $196.88 by February 28, 2026, a 4.77% increase from the current $187.88. Analyst consensus remains bullish with a 21-month target of $262.79, suggesting the drop is a short-term setback. Internal concerns over the $100 billion OpenAI deal, representing a significant portion of revenue and EBITDA, have introduced uncertainty. Market focus now shifts to Nvidia's execution and safeguarding shareholder value amid ambitious growth moves.

TSX Advances Led by Technology and Financials; Materials Mixed, Energy Slips

February 3, 2026, 1:00 AM EST. The S&P/TSX Composite Index climbed 0.78% to 32,171.74, rebounding from recent losses. Technology stocks like Celestica and Shopify rose 3-4%, while financials including Canadian Imperial Bank of Commerce and Manulife Financial gained 2-3%. Consumer discretionary and staples sectors also saw notable increases. Meanwhile, materials stocks edged up initially on stronger metal prices but later softened. Energy stocks weakened, with Eldorado Gold falling 8% and others dropping 2-6%. S&P Global's Canada Manufacturing PMI hit 50.4 in January 2026, breaking an 11-month decline and signaling industry expansion. The TSX recovery reflects broad sector gains despite pockets of weakness in energy and select materials shares.

India-US Trade Deal: Modi Welcomes 18% Tariff Cut, Focus on Critical Minerals Supply

February 3, 2026, 12:59 AM EST.India and the United States reached a trade agreement reducing tariffs on 'Made in India' goods to 18%, easing tensions following U.S. 50% duties imposed in 2025. Prime Minister Narendra Modi expressed gratitude to President Trump, highlighting the deal's potential to boost cooperation in energy, technology, and agriculture. The move coincides with the U.S. hosting the inaugural Critical Minerals Ministerial, aimed at securing supply chains crucial for technology and national security. India's External Affairs Minister S. Jaishankar will attend, focusing on clean energy and strategic mineral supply. The agreement reflects growing India-U.S. engagement across trade, energy, and defence, with recent diplomatic and ministerial activities reinforcing collaboration on critical mineral supply chains and military ties.

Nifty and Bank Nifty Setups on Feb 3 as US Lowers Tariffs on India

February 3, 2026, 12:58 AM EST.Nifty 50 rallied 1% on Feb 2 amid short-covering and may see follow-up buying after the US cut reciprocal tariffs on Indian goods to 18% from 25%. Key resistance zones for Nifty are 25,160-25,250 and 25,450-25,600; support lies at 25,000-24,800. Technical indicators show a tentative recovery but require further confirmation. Bank Nifty formed a bullish candle, defended the 100-day EMA, and remains above a long-term support trendline, though it trades below short- and medium-term averages. RSI and MACD indicators signal mixed momentum. Market participants should watch these key levels as the tariff cut could drive positive sentiment and potential sustained rallies in Indian indices.

India-US Trade Deal Spurs 800-Point GIFT Nifty Rally Ahead of Tuesday Market Open

February 3, 2026, 12:57 AM EST. The India-US trade deal has sparked an 800-point surge in GIFT Nifty, signaling a strong Tuesday opening for Indian markets. The agreement includes the US cutting reciprocal tariffs to 18%, easing persistent tariff concerns that weighed on stocks. Analysts highlight the deal as a significant boost for export-oriented sectors and overall market sentiment. The reduction in tariffs is seen as improving trade competitiveness and earnings visibility, after months of foreign investor caution. Combined with the recent India-EU trade agreement, experts expect stronger external growth drivers for India in 2026. Immediate market action points to a gap-up open with exporters leading gains, though short-term volatility remains possible.

Planet Labs PBC Shares Slide 7.2% Amid Mixed Analyst Ratings

February 3, 2026, 12:56 AM EST. Planet Labs PBC (NYSE:PL) saw its shares drop 7.2% to $23.18 on Monday, with trading volume falling 52% below average. Despite beating quarterly earnings estimates with $0.00 EPS versus a forecasted loss of $0.02, the stock faces mixed analyst sentiment. The consensus rating stands at "Hold" with a target price of $20.64, reflecting cautious optimism. The company reported a 32.6% revenue increase year-over-year to $81.25 million but continues to show a negative net margin near 46%. Insider selling was notable, with director Vijaya Gadde offloading 20,000 shares at $26.77 each. Planet Labs holds a market cap of $7.18 billion and a high beta of 1.94, indicating elevated volatility.

Stocks Rebound on Fed Chair Nomination and Government Shutdown Outlook

February 3, 2026, 12:55 AM EST.U.S. stocks surged Monday, with the Dow Jones Industrial Average climbing 515 points as markets reacted positively to President Trump's nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve chair. Warsh, perceived as a monetary policy 'hawk,' is expected to focus on the Fed's balance sheet rather than interest rates amid inflation and tariff concerns. Despite a partial government shutdown starting Saturday, investor sentiment remained bullish, reflecting historical market resilience during such events. Treasury yields rose, with the 2-year note at 3.574% and the 10-year at 4.281%. The U.S. Dollar Index also advanced to 97.62. Futures data showed a rising probability of a 25-basis-point Fed rate cut in June once Warsh assumes control, pending Senate confirmation. The S&P 500 and Nasdaq also posted gains, while Disney shares fell amid CEO uncertainty.

JPMorgan Names 'Super Seven' Stock Picks, Highlights Financials Over Energy

February 3, 2026, 12:53 AM EST. JPMorgan's research desk has selected its 'Super Seven' stocks for 2026, predicting at least 10% gains for each. This year, the bank shifts focus from energy to financial sectors, reflecting changing market dynamics. The 'Super Seven' are curated from a broader list, highlighting JPMorgan's top equity recommendations to clients. The strategy underscores confidence in financial stocks amid evolving economic conditions, signaling potential shifts for investors seeking opportunities in the year ahead.

EXR.IR Pre-Market Volume Surges 131x on EURONEXT Ahead of European Open

February 3, 2026, 12:50 AM EST. Pre-market volume for ENGAGE XR (EXR.IR) surged to 459,595 shares, 131 times the norm, signaling heightened activity ahead of the European market open. The stock traded at EUR 0.04, near its annual low, with no new corporate news to explain the spike. Possible drivers include block trades or retail interest in the virtual/augmented reality training firm. ENGAGE XR, a small-cap with a EUR 21 million market value, shows negative earnings per share of -0.02 and a high price-to-sales ratio of 5.42, underscoring growth-stage status but tight liquidity. Technical indicators remain bearish, with the stock below key moving averages. AI ratings suggest a HOLD stance, balancing growth potential against valuation risks. Investors face volatility risks amid thin liquidity and a small-cap tech sector backdrop.

AAA.PA Alan Allman Associates Surges 19.5% Pre-market on EURONEXT

February 3, 2026, 12:49 AM EST. Alan Allman Associates (AAA.PA) shares jumped 19.50% to €3.86 in pre-market trading on EURONEXT, backed by elevated volume at 1,024 shares versus a 609 average. The price broke above its 50-day average (€3.46), attracting short-term buying interest. Despite strong momentum indicated by an ADX of 31.12, fundamentals reveal challenges: EPS at -€0.50, a negative PE ratio, low liquidity (current ratio 0.52), and high leverage (debt-to-equity 4.48). The Meyka AI model grades the stock as a HOLD with a 12-month fair value target of €4.18, implying an 8.3% upside. Risks remain due to continued losses and high debt, while catalysts could include contract wins or improved cash flow. Investors should monitor follow-through actions amid a mixed technical outlook.

India-US Trade Deal Boosts Sensex, Nifty50 with Gap-Up Start

February 3, 2026, 12:48 AM EST.India and the USA have signed a significant trade deal that has sharpened market sentiment. The agreement commits India to purchasing USD 500 billion in US energy products, including oil and coal, under relatively low tariff barriers-cheaper than many Asian counterparts. This development comes as a boon for Indian corporate profits, bolstering investor confidence. Prime Minister Narendra Modi maintained India's stance to protect its dairy and agriculture sectors, ensuring a balanced approach. Following recent trade agreements with the European Union, these deals underscore India's push towards a manufacturing-first economic model. Asian equities rallied on the news, nudging the Sensex and Nifty50 towards a gap-up start in trading.

T. Rowe Price Q4 Earnings Preview: What Investors Should Watch

February 3, 2026, 12:47 AM EST. Investment manager T. Rowe Price (TROW) is set to report Q4 earnings Wednesday, with analysts projecting 5.7% revenue growth to $1.95 billion, slightly slowing from last year's 11.5% increase. Adjusted earnings per share (EPS) are expected at $2.46. The firm beat revenue and EPS estimates last quarter but has missed revenue forecasts five times in two years. Peers Franklin Resources and WisdomTree showed mixed Q4 results, signaling cautious investor sentiment in the custody bank segment, where shares fell 1.9% in a month. T. Rowe Price's stock has held steady near $106.67, close to its $107.42 average analyst price target ahead of earnings.

Sensex jumps 2,300 points, Nifty surges 700 on India-US Trade Deal

February 3, 2026, 12:46 AM EST. Indian markets surged sharply Monday as the long-anticipated India-US trade agreement cut U.S. tariffs on Indian goods from 50% to 18%. The Sensex jumped over 2,300 points, reaching 83,967, and the Nifty50 climbed 700 points to 25,790 in early trade, boosting investor confidence. Market strategist VK Vijayakumar described the deal as a game changer, predicting India's GDP growth could hit 7.5% in fiscal 2027 with accelerated corporate earnings. Improved exports and a strengthened rupee are expected. Experts also noted strong technical indicators support a sustained rally, reflecting a shift from cautious selling to aggressive buying. The trade deal clears a major overhang that had weighed on markets for months and could usher in a new phase of growth for Indian stocks across sectors.

CTI Logistics' Financials Underpin 25% Stock Surge, ROE and Earnings Growth Analyzed

February 3, 2026, 12:45 AM EST. CTI Logistics (ASX:CLX) shares surged 25% over three months. A key financial metric, return on equity (ROE), stands at 11%, close to the industry average of 12%. ROE measures profitability relative to shareholder equity, indicating the company generates 11 cents profit per A$1 invested. Notably, CTI Logistics' net income grew 28% over five years, outpacing the sector's 11% average. Despite moderate ROE, its strong earnings growth and a payout ratio of 51%-retaining 49% of profits-suggest efficient management and cash flow retention supporting expansion. These factors likely contribute to investor confidence, reflecting positively on the stock's recent rally.

Lemonade Stock Surges 22% in January on New Tesla-Focused Car Insurance Plan

February 3, 2026, 12:44 AM EST. Lemonade's stock jumped 21.9% in January 2026 after unveiling a Tesla-specific car insurance plan. The new offering, called the Autonomous Car plan, cuts mileage fees in half when Tesla's full self-driving (FSD) feature is active. This move surprised investors despite earlier hints from CEO Shai Wininger. The plan, rolling out first in Arizona and soon in Oregon, taps direct data feeds from Tesla vehicles, aiming to reward safer robo-driving with lower insurance premiums. Lemonade's market cap now stands at $6 billion, buoyed by strong sales and positive earnings in recent quarters. This initiative underpins Lemonade's growth strategy that leverages data integration and the safety promise of autonomous vehicles to enhance insurance products.

New Zealand Shares Steady as Global Rally Continues; Briscoe Group Reports Q4 Sales Growth

February 3, 2026, 12:43 AM EST. New Zealand's S&P/NZX 50 index closed nearly unchanged at 13,421.52 on Tuesday amid a positive global rally fueled by easing trade tensions. The Reserve Bank of Australia raised its official cash rate by 25 basis points to 3.85%, the first hike in two years. US tariffs on Indian goods dropped significantly under a new trade agreement, aiding market sentiment. Domestically, seasonally adjusted new dwelling consents fell 4.6% to 3,250 in December. Briscoe Group posted a 4.6% rise in fiscal Q4 group sales to NZ$256.6 million year-on-year. Ryman Healthcare projected NZ$500 million cash release and NZ$150 million improved cash flow by 2029.

Hero MotoCorp Shares Face Risk Amid Slowing Earnings Growth Despite Moderate P/E

February 3, 2026, 12:42 AM EST. Hero MotoCorp Limited (NSE:HEROMOTOCO) trades at a price-to-earnings (P/E) ratio of 21.3x, near the Indian market median of 23x. The company delivered strong earnings per share (EPS) growth-28% last year and 103% over three years. However, analysts forecast EPS growth to slow to 8% annually over the next three years, lagging the broader market's expected 21%. This disparity raises concerns about the stock's valuation as investors appear willing to pay up despite weaker growth prospects. The moderate P/E ratio may not fully reflect potential risks, suggesting that Hero MotoCorp's share price could face downward pressure if earnings slow more than anticipated. Investors should exercise caution amid this outlook divergence and monitor earnings trends closely.

Sensex Surges Over 3,000 Points on India-US Trade Deal Boost

February 3, 2026, 12:41 AM EST. Indian markets rallied sharply as the BSE Sensex jumped more than 3,000 points and NSE Nifty50 climbed after a new India-US tariff agreement was announced. The trade deal reduces tariffs on Indian exports to the U.S. from previous punitive levels to 18%, easing pain on export sectors and improving investor confidence. This followed recent losses after India's Union Budget caused market jitters. The rupee strengthened against the dollar, bond yields fell slightly, and global markets showed optimism. Investors welcomed the pact for its potential to stabilise markets and revive export growth, especially in textiles and engineering. The turnaround highlights the strong influence of trade policy on market sentiment and investor risk appetite.

Top Asian Penny Stocks to Watch in February 2026

February 3, 2026, 12:27 AM EST. Asian penny stocks remain intriguing for investors chasing small-cap growth opportunities amid a volatile market environment. Notable picks include Lever Style (SEHK:1346), Asia Medical and Agricultural Laboratory and Research Center (SET:AMARC), and TK Group (SEHK:2283), all rated with strong financial health. China Overseas Grand Oceans (HK$8.54 billion market cap) shows resilience despite a 19.8% drop in contracted sales in 2025, supported by substantial short-term assets covering liabilities. Profitability is under pressure, but earnings are forecast to grow at over 25%. The broader sector offers a diverse landscape, including companies like International Cement Group Ltd. navigating varied regional markets. Investors scrutinizing these penny stocks should watch management tenure and evolving debt profiles as indicators of stability and risk.

Nifty 50 Surges 5% on U.S.-India Trade Deal Cutting Tariffs

February 3, 2026, 12:26 AM EST. India's Nifty 50 index jumped about 5% at open after a U.S.-India trade agreement cut U.S. tariffs on Indian exports from up to 50% to 18%. The deal followed talks between President Donald Trump and Prime Minister Narendra Modi, with India agreeing to ease barriers for U.S. goods and increase purchases. The Nifty later held a 4% gain, marking its best day in nearly six years. Analysts predict the tariff cuts will boost India's export sector, economic growth, and investor confidence. The rupee strengthened about 1%, reversing some weakness seen in 2025. The agreement may also attract foreign investors back to India's markets by reducing trade uncertainties.

Natixis KN.PA Leads Pre-Market Volume on EURONEXT at €4.00

February 3, 2026, 12:25 AM EST. Natixis S.A. (KN.PA) emerged as the pre-market most active stock on EURONEXT, trading steadily at €4.00 with significant volume of 36.7 million shares following yesterday's heavy intraday activity. The price holds near the 50-day average, reflecting stable short-term trading dynamics amid a narrow daily range. Valuation metrics reveal a price-to-book ratio of 0.66, indicating a discount relative to sector peers, though the company carries a high debt-to-equity ratio of 3.26 and modest interest coverage at 1.17. Sector comparisons show Natixis underperforming on return on equity but aligned with banks' average price-to-earnings levels. Technical signals point to potential intraday liquidity-driven breakouts. Analysts, including Meyka AI, assign a hold rating with a B-grade, advising traders to monitor macroeconomic and sector developments closely.

AppLovin Stock Drops 30% in January Amid Short-Seller Attacks and AI Concerns

February 3, 2026, 12:11 AM EST. AppLovin shares fell 30% in January, pressured by a short-seller attack, an SEC probe, and fears over AI competition from Google's Project Genie, an AI-driven game creation platform. Despite a strong 2025 where the stock doubled and trading at a high price-to-sales ratio of 31, worries about valuation and regulatory scrutiny weighed heavily. AppLovin denied allegations of bypassing anti-money-laundering controls made by CapitalWatch. The stock's plunge reflects market anxiety rather than business fundamentals, as AppLovin now focuses on adtech rather than mobile games. Upcoming Q4 earnings on Feb. 11 will be closely watched, with analysts forecasting 17% revenue growth to $1.61 billion and adjusted EPS rising to $2.95, potentially supporting its valuation.

Asian Dividend Stocks to Watch in February 2026

February 3, 2026, 12:10 AM EST. Asian markets attract income-focused investors amid steady interest rates and economic uncertainties. Top dividend stocks include Yamato Kogyo with a 3.51% yield, Wuliangye Yibin Ltd leading at 5.36%, and Torigoe at 4.19%. Japanese firms Yondenko Corporation and Airman Corporation show yields around 3.6% and 3.1%, respectively. Yondenko offers a competitive payout supported by solid earnings, despite volatile dividends. Airman trades at a lower price-to-earnings ratio with a buyback program to bolster shareholder returns, but also faces dividend stability concerns. These selections reflect a cautious yet hopeful approach to dividend growth in a shifting market environment.

GIFT Nifty Poised for Gap-Up Open on US-India Trade Deal Boost

February 3, 2026, 12:00 AM EST. The US-India trade agreement reduces tariffs, easing cost pressures on export-driven Indian sectors including textiles, seafood, auto ancillaries, chemicals, and select consumer goods. The textile industry stands to gain the most, as the US is the top market for nearly 28% of India's textile exports. The pact enhances competitiveness and order visibility for companies with substantial US exposure. Over half of India's textile and apparel imports rely on US cotton, underscoring deep trade ties. Market participants at GIFT Nifty suggest a likely gap-up opening, reflecting optimism around improved profit margins and export prospects.

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

Stock Market Today

  • Asian Shares Jump Led by South Korea and Tokyo Tech Stocks Amid Earnings Watch
    February 3, 2026, 1:17 AM EST. Asian shares surged sharply on Tuesday, with South Korea's Kospi rising 5% and Tokyo's Nikkei 225 gaining 3.2%, driven by strong demand for tech stocks like Samsung Electronics and Disco Corp. Investors awaited key earnings reports to assess effects of U.S. tariffs and potential Chinese export restrictions on rare earths. U.S. markets rebounded, with the S&P 500 up 0.5%, led by Sandisk's 15.4% jump after strong profits linked to the AI boom. Precious metals climbed again amid volatility, with gold up 3.4% and silver 7.5%, reflecting concerns over Federal Reserve independence and global economic risks. The mixed moves highlight cautious optimism tempered by ongoing geopolitical and market uncertainties.
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