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News articleYahoo Finance· February 5, 2026

Stock market today: Dow, S&P 500, Nasdaq sink as sell-off builds while silver, bitcoin plunge

View original at finance.yahoo.com
Stock market today: Dow, S&P 500, Nasdaq sink as sell-off builds while silver, bitcoin plunge US stocks turned lower on Thursday in a fruitless search for a reprieve from a building tech sell-off as investors awaited Amazon earnings, assessed Alphabet's big AI spending plans, and digested jobs data that signaled fresh…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

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The claims Via News extracted from this document. We point to the source; we don't replace it.

  • US government cannot tell banks to bail out cryptocurrency

    80% confidence
  • Near-term handsets outlook is impacted by industry-wide memory supply constraints but Qualcomm is encouraged by end-consumer demand for premium and high tier smartphones

    80% confidence
  • e.l.f.'s value proposition, powerhouse innovation and disruptive marketing engine continue to fuel brands and the company remains confident in ability to grow market share

    80% confidence
  • Successful SaaS companies are incorporating Gemini deeply in critical workflows to improve product experience, drive growth, or drive efficiency

    80% confidence
  • What was starting to price into Microsoft stock was a higher growth rate which is always dangerous

    80% confidence
  • Software companies who are seizing the AI moment have the same opportunity ahead as Google has had with Gemini as an enabling tool

    80% confidence
  • It isn't clear how much of Microsoft's disappointment might be due to company-specific issues versus overall slowing in the cloud space

    80% confidence
  • Alphabet's $180 billion capex number is incredible and very good for the Google cohort of suppliers

    80% confidence
  • Sentiment has turned soggy across most asset classes including regional equities and metals creating a feedback loop amid thin market liquidity

    80% confidence
  • Alphabet has very good SaaS customers who are leaders in their respective categories including Intuit, ServiceNow, and Salesforce

    80% confidence

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What we're seeing
Pharma Pipeline Catalysts and M&A Heat Up as AI-Designed Drugs Enter the Clinic
Late-September 2026 brought a dense run of clinical readouts: Novo Nordisk's CagriSema data at EASD, Lilly's ADtouch results for EBGLYSS, and Merck's tulisokibart Phase 2b result. Lilly's $2.9B Merida Biosciences acquisition and the 2026-11-14 FDA PDUFA date for ivonescimab sit alongside these as the main deal and regulatory events. AI-designed drugs such as rentosertib, and speculative AI-linked trial ventures such as QAIAx, are moving from hype toward clinical validation. Broader AI-sector regulatory and legal friction (Tesla Cybercab probe, xAI Minnesota ruling, OpenAI lawsuits) shows rising scrutiny that could spill into AI-driven healthcare.
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Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
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Where sources disagree
Apple Inc.
The observation date (2025-12-27) precedes Q1 2026, making it logically impossible to have actual Q1 2026 cash data at that point. Q1 2026 would not end until March 31, 2026. Additionally, the magnitude of the difference ($45.3B vs $132.42) is implausibly large even as a normal quarterly change for Apple. While different fiscal periods can show different values, the timing relationship here suggests a data integrity issue rather than legitimate period-over-period variation.
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