Feb 3, 2026 • finance.yahoo.com
US equity indexes dropped on Tuesday as investors reduced exposure to sectors such as technology, wh PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in
Feb 3, 2026 • finance.yahoo.com
The U.S. stock market sank after a mixed day of trading. The S&P 500 fell 0.8% Tuesday. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite lost 1.4%. Nvidia, Microsoft and other influential Big Tech stocks weighed on the market. So did software companies and others seen as potential losers to competitors powered by artificial intelligence. But the majority of stocks rose in the S&P 500, including Palantir Technologies, which reported a better profit than expected. Gold and silver prices bounced higher following their latest sell-off. Treasury yields eased in the bond market. On Tuesday: The S&P 500 fell 58.63 points, or 0.8%, to 6,917.81. The Dow Jones Industrial Average fell 166.67 points, or 0.3%, to 49,240.99. The Nasdaq composite fell 336.92 points, or 1.4%, to 23,255.19 The Russell 2000 index of smaller companies rose 8.21 points, or 0.3%, to 2,648.50. For the week: The S&P 500 is down 21.22 points, or 0.3%. The Dow is up 348.52 points, or 0.7%. The Nasdaq is down 206.63 points, or 0.9%. The Russell 2000 is up 34.76 points, or 1.3%. For the year: The S&P 500 is up 72.31 points, or 1.1%. The Dow is up 1,177.70 points, or 2.5%. The Nasdaq is up 13.20 points, or 0.1%. The Russell 2000 is up 166.59 points, or 6.7%. View Comments
Feb 3, 2026 • finance.yahoo.com
The Kospi index is up 25.5% year to date, a world-best performance. The iShares MSCI South Korea ETF is up more than 27%, also outperforming country-specific ETFs. The S&P 500, by comparison, has nearly erased its 2026 gains. Continue Reading
Feb 3, 2026 • finance.yahoo.com
US equity indexes fell ahead of Tuesday's close amid a sell-off in technology, communication service PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in
Feb 3, 2026 • finance.yahoo.com
By Echo Wang and Milana Vinn Feb 3 (Reuters) - Nvidia-backed British artificial intelligence group Nscale Global Holdings has hired Goldman Sachs and JPMorgan to prepare for an initial public offering, people familiar with the matter said. The timeline for the potential listing has not yet been set, the sources said, asking not to be identified as the discussions are private. Goldman Sachs, JPMorgan and Nscale declined to comment. The move towards a public listing follows a period in which Nscale has expanded its data center capacity to meet soaring demand for AI computing from customers including Microsoft and OpenAI. In September, Nscale raised $1.1 billion from investors including Norway's Aker and Finland's Nokia to help accelerate its data center construction. Bloomberg reported last month that Nscale is working with the banks on a $2 billion new funding round, just three month after raising $1.1 billion from investors, which gave the company a valuation of around $3.1 billion. The Financial Times reported in October that Nscale plans an IPO in the back half of 2026. The company said in October it would deploy around 200,000 Nvidia chips for Microsoft across its data centers in Europe and the United States. Nscale is also part of a $1 billion partnership with OpenAI and Aker to build a large-scale AI data centre in Norway, which was announced in July. Founded in 2024, Nscale is known as a so-called "neocloud," a vertically integrated AI cloud platform that owns and operates its own data centers, GPUs, and software stack to deliver large-scale, GPU-powered AI compute, similar to peers such as CoreWeave. The model is growing in importance as demand for AI compute outpaces hyperscaler supply, increasing the role of specialized GPU-focused operators in the AI ecosystem. CoreWeave went public in March 2025 at a fully diluted valuation of about $23 billion. Its market capitalization climbed significantly in the year that followed, reaching approximately $46 billion to $48 billion by early 2026. (Reporting by Echo Wang and Milana Vinn in New York;Editing by Nick Zieminski) View Comments
Feb 3, 2026 • finance.yahoo.com
Palantir Technologies the most expensive stock in the might also be one of a handful of companies capable of performing one of the most crucial tasks in the current economy. The data-analytics group, which boasts ties to both the U.S. Department of Defense and military organizations around the world, is not only making money from its artificial-intelligence expertise but also convincing companies, governments, and investors that it can do so at scale. Palantir is looking to grow its overall revenue by more than 60% this year, a staggering rate of growth considering it’s working from a 2025 base of $4.48 billion. Continue Reading
Microsoft Corporation develops and supports software, services, devices, and solutions worldwide. The company's Productivity and Business Processes segment offers Microsoft 365 Commercial, Enterprise Mobility + Security, Windows Commercial,…