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Source document· February 4, 2026

Broader Market Falls as Chipmakers and AI Stocks Tumble

View original at nasdaq.com
Broader Market Falls as Chipmakers and AI Stocks Tumble The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.77%…
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  • Q1 revenue of $85.93 billion

    80% confidence
  • Excluding the Magnificent Seven megacap technology stocks, Q4 earnings expected to increase by +4.6%

    80% confidence
  • Q1 adjusted EBITDA forecast of $2.37 to $2.47

    80% confidence
  • January ISM services index was unchanged at 53.8, stronger than expectations of decline to 53.5

    80% confidence
  • Next week's quarterly refunding will total $125 billion in T-notes and T-bonds sales

    80% confidence
  • Q3 net sales forecast of at least $12.30 billion

    80% confidence
  • Q1 sales forecast of $9.8 billion, plus or minus $300 million

    80% confidence
  • Q1 net sales of $5.80 billion

    80% confidence
  • Q4 adjusted EPS of $2.44

    80% confidence
  • Full-year adjusted EPS forecast of $3.43 to $3.49

    80% confidence
  • S&P earnings growth expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth

    80% confidence
  • Q4 revenue of $9.87 billion

    80% confidence
  • BetMGM joint venture had $2.8 billion in net revenue for fiscal year 2025, up +33% y/y

    80% confidence
  • 2026 adjusted EPS forecast of $2.90 to $3.00

    80% confidence
  • Q4 revenue of $19.29 billion

    80% confidence
  • Full-year revenue forecast of $80 billion to $83 billion

    80% confidence
  • US companies added 22,000 jobs in January, below expectations of 45,000

    80% confidence
  • Treasury anticipates keeping auction sizes unchanged for nominal notes, bonds, and floating-rate notes for at least the next several quarters

    80% confidence

Data points we hold from this source

Federal Reserve · 10 year treasury yield4.274 percent
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI Funding Surge: Capital Floods Fintech, Foundation Models, and Autonomous Systems
A concentrated burst of AI-linked funding on 2026-08-28 pushed well over $1.5B into companies spanning fraud/identity fintech (Socure, which also acquired Fravity), foundation models (Stability AI), AI agents and enterprise tooling (Instinct, Generalist AI, Emerald AI, Owner), and AI-adjacent autonomous/aerospace ventures (Gatik, Regent Craft). The breadth and simultaneity of these rounds signal that investor appetite for AI is not concentrated in a single vertical but is broadening into applied and infrastructure-adjacent domains, with consolidation (Socure-Fravity) beginning alongside fresh capital formation.
Our read on the data ›
Signals we're tracking
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
Patterns we're watching ›
Where sources disagree
ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
We flag conflicts openly ›
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Broader Market Falls as Chipmakers and AI Stocks Tumble — Source | Via News | Via News