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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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  • Q3 net sales forecast of at least $12.30 billion

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

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

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

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

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

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

    80% confidence
  • Q1 net sales of $5.80 billion

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

    80% confidence
  • Q4 revenue of $19.29 billion

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

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

    80% confidence
  • Q4 adjusted EPS of $2.44

    80% confidence

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Federal Reserve · 10 year treasury yield4.274 percent
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What we're seeing
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High-profile departures at top AI labs — Brad Lightcap's exit from OpenAI and an unnamed researcher's departure from Alphabet/Google that triggered a share-price drop — are surfacing talent retention as a market risk factor even as hyperscalers pour record capital into AI infrastructure. The reaction shows investors treating key-person risk at frontier AI labs as material to valuation, a new fragility layered onto an otherwise bullish AI-driven capex cycle.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Where sources disagree
Broadcom Inc.
Both facts report EPS for Broadcom Inc. for the same fiscal period (Q1 2026) observed on the same date (2026-02-01). However, they report conflicting values: 1.5 USD per share vs 2.05 USD per share. This is a 37% difference for the identical metric and time period, not a value change over time.
We flag conflicts openly ›
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