Wall Street Today in the Buzz

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Your pulse on Wall Street! WallStreetBuzz delivers real-time market intelligence, breaking news, and expert analysis. From opening bell to closing bell, we cover major movers, market trends, sector rotation, institutional flows, and the stories moving stocks
 

•  02 Feb 2026
 

•   AMD  
   
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•   AMZN  
   
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•   COIN  
   
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•   DIS  
   
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•   GOOGL  
   
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Wall Street opened February with solid gains as strong manufacturing data pointed to the sharpest expansion since 2022. The S&P 500 advanced about 0.6% toward record levels, the Dow climbed 1%, and the Nasdaq added 0.5%. Rising Treasury yields, with the 10-year at 4.27%, signaled that investors are dialing back expectations for near-term rate cuts. For traders, the message is clear: economic resilience is supporting equities, but higher yields could cap upside in richly valued growth stocks.

$SNOW slipped after announcing a $200 million AI partnership with OpenAI that will embed advanced models directly into its data cloud. Strategically, the deal strengthens Snowflake AI positioning, but analysts warn that competition from Databricks and major cloud providers is intensifying. Investors are weighing whether AI integration will accelerate monetization fast enough to justify premium multiples.

$DIS fell sharply despite beating earnings and revenue expectations. Concerns about softer park guidance, rising sports costs, and uncertainty around the next CEO overshadowed solid headline numbers. For market participants, this is a reminder that forward outlook and strategic clarity often matter more than a quarterly beat.

$U saw steep losses after Google DeepMind unveiled its experimental “Genie” AI project, capable of generating and interacting with virtual worlds. The announcement sent shockwaves across gaming and interactive platform stocks, raising fears that AI-native development tools could disrupt traditional engines and workflows faster than expected.

$TTWO also came under pressure as investors reassessed long-term game development economics in a world where AI-generated environments may lower barriers to entry. Even modest declines reflect a broader concern: how quickly can established publishers adapt to structural change?

$RBLX dropped into double-digit territory as the AI-driven shift narrative spread across the gaming ecosystem. Traders are now questioning how user-generated content platforms will compete if AI dramatically accelerates content creation elsewhere.

$GOOGL gained attention after DeepMind prototype triggered the sector-wide move. Alphabet expanding AI ambitions are increasingly influencing multiple industries at once, reinforcing its role not just as a search and ad giant, but as a core AI infrastructure player.

$NVDA traded lower amid reports that its potential $100 billion investment in OpenAI has stalled internally. While Nvidia remains central to the AI hardware boom, uncertainty around mega-deals can pressure sentiment in the short term, especially in a market sensitive to capital allocation discipline.

$MSTR declined as Bitcoin pulled back toward $77,000 from weekend highs. With MicroStrategy heavily exposed to digital assets, volatility in crypto continues to translate directly into equity swings, highlighting the risk-reward dynamic for leveraged Bitcoin proxies.

$COIN and $HOOD also moved lower alongside the crypto downturn, reflecting how trading platforms are tightly linked to digital asset momentum. When volatility spikes in the wrong direction, retail activity and fee expectations come into question.

$ORCL lost ground after announcing plans to raise up to $50 billion, roughly half through debt, to fund cloud and AI infrastructure expansion. The scale of spending underscores Oracle AI ambitions, but it also raises concerns about balance sheet pressure and execution risk in a capital-intensive race.

$TSLA edged lower as EV sales growth in China slowed to its weakest pace since 2023. Intensifying competition from domestic players is adding pressure, and investors are watching closely to see whether pricing, margins, or global demand will become the next battleground.

With major earnings from $AMZN $AMD $QCOM $PYPL $UBER, and others still ahead this week, traders are navigating a market driven by AI disruption, macro shifts, and rate uncertainty. The next wave of data and corporate guidance could determine whether this early February momentum builds or fades.

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