NEW YORK, NY – OCTOBER 22: CNBC’s Jim Cramer speaks at the Martha Stewart American Made Summit held at Martha Stewart Living Omnimedia Headquarters in New York City on October 22, 2016. (Photo by John Lamparke/Getty Images)
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Top 10 things to watch on Tuesday, February 3rd
1. S&P500 This morning, the opening price was trending higher, supported by post-earnings gains. Palantir Gold and silver stocks and sharp rebounds. This follows Wall Street’s strong start to February yesterday.
2. Palantir shares soared more than 11% after the company reported a better-than-expected fourth-quarter profit driven by increased spending on AI data tools by businesses and government agencies. It is the fastest growing and most profitable software and consulting company. High profit margin and high growth rate. Will it be considered the same as the club name? sales force and ServiceNow Will it happen? All of these stocks have been under caution due to concerns about the disruptive risks posed by AI. But Palantir is such a money saver that I don’t think it will ever be described in the same way.
3. Stocks Teradyne Shares soared more than 20% after the semiconductor and robotics test maker reported better-than-expected fourth-quarter results. Management’s guidance for the first quarter of fiscal 2026 significantly exceeded expectations. Demand remains incredibly strong.
4. sandisk The stock rose another 4% after closing at a record high for the fourth consecutive session. The AI infrastructure deal has pushed the data storage company’s stock price up more than 180% since the beginning of the year. JPMorgan suspended SanDisk’s rating for regulatory reasons for policy reasons.
5.Club event Eaton Stocks fell more than 4% in a mixed fourth quarter. The power management company, whose products are used in AI data centers, beat earnings per share but underperformed on revenue. EPS midpoint Q1 and full-year 2026 guidance was below expectations.
6. Elon Musk’s SpaceX will acquire his artificial intelligence startup xAI in a record deal that will combine his rocket company with chatbot maker Grok. The deal reportedly values SpaceX at $1 trillion and xAI at $250 billion, according to Reuters. This acquisition is the largest M&A transaction in history.
7. paypal CEO Alex Criss will be succeeded by: HP The payments company’s CEO Enrique Lores made the announcement this morning after the company reported lower-than-expected profits and sales. Jamie Miller, PayPal’s chief financial officer, will serve as interim CEO until Lores takes over next month. PayPal’s stock price fell 15%.
8. disney This morning, Disney Experience Chairman Josh D’Amaro announced that he will succeed Bob Iger as CEO, effective March 18th. This is the second time in six years that the entertainment giant has named Iger’s successor. The company previously owned Disney, but exited in November after a subpar quarter.
9. Club event alphabet‘s price target was raised to $400 from Mizuho’s $365. Analysts who maintained buy ratings are positive on the fundamentals of large advertisers and expect the market to accelerate in 2026. Additionally, Alphabet’s self-driving business Waymo announced yesterday that it has raised $16 billion at a valuation of $126 billion. It’s more than a report. Alphabet will contribute $13 billion to this round of funding. Google’s parent company is scheduled to release its earnings tomorrow evening.
10. Mizuho raised its target price GE Vernova The stock rose to $714 from $660 and maintained a Hold rating. Analysts pointed to growth in the company’s services and expansion of gas turbine capacity. Club shares rose 1%.
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