Stocks Mostly Slip as AMD's Slide and AI Malaise Ahead of Google Earnings
[Para 1: The Lead] US stock futures remained largely unchanged as of 23:45 UTC on February 3, 2026, with S&P 500 and Nasdaq 100 futures experiencing slight declines. Dow Jones Industrial Average futures were stable. The market rotation away from technology stocks, exacerbated by AMD's first-quarter outlook and concerns over AI, contributed to a broad sell-off, with the S&P 500 and Nasdaq Composite experiencing losses. [Para 2-3: Supporting details & Context] Technology sector losses were pronounced, with Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), Oracle (ORCL), and Micron Technology (MU) all posting declines. AMD (AMD) saw its shares drop over 7% in after-hours trading. Investors are now focused on upcoming earnings reports, with Alphabet (GOOG) scheduled to report on February 4, 2026, and Amazon (AMZN) on February 6, 2026. The market is also grappling with the aftermath of a partial government shutdown, which was resolved through a funding deal.