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News articleYahoo Finance· February 3, 2026

Stock market today: Dow, Nasdaq, S&P 500 sink as tech falters amid flood of earnings

View original at finance.yahoo.com
Stock market today: Dow, Nasdaq, S&P 500 sink as tech falters amid flood of earnings US stocks sank on Tuesday as investors digested a wave of tech-focused earnings, while precious metals jumped to continue their wild ride and a partial government shutdown neared an end…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

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  • Piper Sandler raised Walmart price target to $130 on the company's apparel strength

    80% confidence
  • Due to partial government shutdown, BLS will suspend data collection, processing, and dissemination

    80% confidence
  • Silver's transformation from record rally to brutal rout has left traders stunned, battering retail investors

    80% confidence
  • Walmart could benefit from tax refund provisions in the One Big Beautiful Bill Act

    80% confidence
  • Thomas Massie was the only Republican to vote no on procedural vote

    80% confidence
  • Received ERCOT approval for additional 830 MW of power capacity, bringing Helios total to 1.6 gigawatts

    80% confidence
  • Sales drop attributed to continued volume penetration from GLP-1 treatments, intensifying competition, and negative impacts from semaglutide patent expiry

    80% confidence
  • 2026 sales will likely decline by 5% to 13% as Ozempic and Wegovy face stiffer competition

    80% confidence
  • Bernstein raised SanDisk price target to $1,000 from $580 and maintained Outperform rating

    80% confidence
  • The structural shortage in memory chips makes continued growth of Samsung and SK Hynix inevitable

    80% confidence
  • Galaxy Digital remains on track to deliver 133MW of critical IT load to CoreWeave in first half of 2026

    80% confidence
  • Q4 loss reflects depreciation of digital asset prices and softer macro environment with lower industry trading volumes

    80% confidence
  • Digital assets trading volumes declined by approximately 40% quarter-on-quarter

    80% confidence
  • Jensen Huang downplayed the $100 billion investment plan with OpenAI

    80% confidence
  • Darren Woods called Venezuela 'uninvestable' in its current state

    80% confidence
  • A global rush to secure memory chips for AI is powering renewed surge in South Korean equities

    80% confidence
  • US sales impact due to current prescription trends for injectable GLP-1 portfolio, intensifying competition, and reduced obesity medication coverage in Medicaid

    80% confidence
  • Throughout 2025, NXP executed effectively despite challenging first half, maintaining operational discipline

    80% confidence

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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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