Qualcomm Falls After Weak Guidance

Market update for Thursday February 5, 2026

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In today’s episode:

• Tech stocks slide for a second straight day as market continues to broaden
• Google crushes earnings, but massive AI capex plans raise concerns on Wall Street
• SpaceX looks to fast-track its way into major stock indexes ahead of a potential IPO
• Snap surprises investors with a rare profitable quarter, while Qualcomm sinks on weak guidance
• Fun fact: Nintendo brings back the Virtual Boy