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US STOCKS-Wall Street ends down as AI worries slam tech stocks
Advanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportS&P 500 -0.51%, Nasdaq -1.51%, Dow +0.53% By Noel Randewich and Pranav Kashyap Feb 4 (Reuters) - U.S. stocks ended lower on Wednesday, with losse...Reuters
Wed, Feb 4
Corpay rises on quarterly profit growth
Shares of business payments firm Corpay CPAY.N up ~5% at $314.48 after the bellCo reports Q4 profit rise, as resilient business spending boosted its corporate payments segmentQuarterly profit came in at $3.75 per share, compared with $3.44 per share, in the same period a year agoPosts Q4 revenue ris...Reuters
Wed, Feb 4
LIVE MARKETS-Nasdaq, S&P 500 fall on more tech weakness, Amgen buoys Dow
Nasdaq slides 1.5%, S&P 500 falls, Dow upTech weakest S&P 500 sector; Energy leads gainersDollar, crude climb; gold edges up; bitcoin falls ~4%US 10-Year Treasury yield flat at ~4.28%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your...Reuters
Wed, Feb 4
Snap forecasts quarterly revenue below estimates as ad competition hurts
Feb 4 (Reuters) - Snap SNAP.N forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling tough competition for digital advertising dollars from bigger rivals such as Meta-owned Facebook and Instagram.The social media company faced major hiccups ranging from U.S. President Don...Reuters
Wed, Feb 4
Elf Beauty rises after lifting annual forecasts as demand surges
Shares of makeup company Elf Beauty ELF.N up 12% at $93.69 after the bellCo raises annual sales and profit forecast on stronger demand amid rising economic uncertaintyExpects annual sales in the range of $1.60 billion to $1.61 billion, up from its prior forecast of $1.55 billion to $1.57 billionSees...Reuters
Wed, Feb 4
Elf Beauty lifts annual forecasts as affordable products drive demand
Feb 4 (Reuters) - Elf Beauty ELF.N raised its annual sales and profit forecasts after beating Wall Street estimates for third-quarter results on Wednesday, as demand for its affordable cosmetics stayed strong despite rising economic and tariff uncertainty, sending shares up about 12% after the bell....Reuters
Wed, Feb 4
Google parent Alphabet forecasts sharp surge in 2026 capital spending
Feb 4 (Reuters) - Alphabet GOOGL.O said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its investments to push ahead in the AI race. Analysts on average had expected Alpha...Reuters
Wed, Feb 4
US STOCKS-Wall Street ends down as AI worries slam tech stocks
Advanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportBy Noel Randewich and Pranav Kashyap Feb 4 (Reuters) - U.S. stocks ended lower on Wednesday, with losses in Advanced Micro Devices, Palantir and othe...Reuters
Wed, Feb 4
GLOBAL MARKETS-Global stock index dips with tech under pressure, dollar higher
Global shares lag, technology stocks hit by AI-led disruptionDollar rises against yen and other currenciesOil rallies as traders focus on US-Iran tensionsBy Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Feb 4 (Reuters) - MSCI's global equities gauge lost ground on Wednesday with technology ...Reuters
Wed, Feb 4
Chinese solar shares jump on reports of Musk-linked visits, some firms deny cooperation
By Lewis Jackson and Nichola Groom BEIJING/LOS ANGELES, Feb 4 (Reuters) - Chinese solar shares jumped on Wednesday after local media reported that delegations sent by Elon Musk had visited various companies in the sector, days after he announced plans to build large-scale solar cell capacity in t...Reuters
Wed, Feb 4
KFC parent company's loyalty program in China surpasses 590 million members
Yum China's loyalty program sees 13% growth since 2024'Largest loyalty program in the world,' analyst saysChina's loyalty program market valued at $20 billion in 2025Yum China rolls out AI ordering assistant for KFC app users KFC app offers paid tiers with exclusive benefits like fre...Reuters
Wed, Feb 4
EMERGING MARKETS-LatAm FX, stocks decline after brief commodity-led rally
Chile's central bank held rates to avoid market reactionReuters: Russia's public deficit can balloon to triple of targetUS, Mexico to develop coordinated trade policies on critical mineralsBy Purvi Agarwal and Ragini Mathur Feb 4 (Reuters) - Most Latin American currencies and equities ret...Reuters
Wed, Feb 4
Phillips 66 beats estimates as strong refining profits help offset lower midstream performance
Refining margins and throughput drive Phillips 66's Q4 profitPhillips 66's crude capacity utilization rose to 99% in Q4Analysts warn of lower utilization impacting Q1 estimatesBy Tanay Dhumal and Nicole Jao NEW YORK, Feb 4 (Reuters) - Phillips 66 PSX.N outperformed Wall Street expecta...Reuters
Wed, Feb 4
US STOCKS-Wall Street drops as AI worries hit tech stocks
Advanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportS&P 500 -0.64%, Nasdaq -1.74%, Dow +0.18%By Noel Randewich and Pranav Kashyap Feb 4 (Reuters) - U.S. stocks dropped on Wednesday, with losses...Reuters
Wed, Feb 4
CORRECTED-BREAKINGVIEWS-Walmart offers 13-digit ode to consistency
By Sebastian Pellejero NEW YORK, Feb 4 (Reuters Breakingviews) - Wall Street may worship disruption and the promise of new platforms that reshape how humans work, shop and think. Yet Walmart WMT.O has now crossed $1 trillion in market capitalization by stocking shelves better than its competitio...Reuters
Wed, Feb 4
Goldman Sachs slides on AI disruption fears
Shares of investment bank Goldman Sachs GS.N fall 4.03% to $901.54Analyst Brian Mulberry of Zacks Investment Management says GS pressure reflects two sentiment-driven fears: AI weighing on software valuations (GS software basket –6%) And concerns that legal/finance AI tools, e.g. Anthropic's Leg...Reuters
Wed, Feb 4
Veradermics soars in NYSE debut after upsized $256.3 million IPO
Shares of hair-restoration drug developer Veradermics MANE.N more than double in New York Stock Exchange debutStock opened for trading at $34 and rose as high as $40; last up 126.5% at $38.5MANE sold 15.1 million shares in an upsized IPO at $17 apiece to raise $256.3 millionIt had earlier planned on...Reuters
Wed, Feb 4
LIVE MARKETS-Wells bumps up Russell 2000 target
Nasdaq slides >1.5%, S&P 500 falls, Dow flatTech weakest S&P 500 sector; Energy leads gainersDollar gains; crude climbs >3%; gold declines; bitcoin falls ~3%US 10-Year Treasury yield edges down to ~4.27%Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
Wed, Feb 4
Boston Scientific slides after quarterly sales of key products disappoint
Shares of medical device maker Boston Scientific BSX.N tumble 14% to $78.72 Stock set for its biggest pct fall in over 5 years, if losses hold BSX expects 2026 adjusted EPS of $3.43 to $3.49, the midpoint of which is below analysts' average estimate of $3.47 - LSEG-compiled dataSees net sal...Reuters
Wed, Feb 4
U.S. STOCKS ON THE MOVEx-IDEX Corp, Union Pacific, Qualcomm
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500, Nasdaq and the Dow fell, as the market still grappled with the selloff in some software and cloud stocks. .N At 13:30 EST, the Dow Jones Industrial Average .DJI was dow...Reuters
Wed, Feb 4
