Wall Street closed in the red as tech earnings were digested, with the Nasdaq dropping 1.4%. Gold and silver surged over 6% and 9%, respectively. After-hours earnings from AMD and Chipotle awaited. MustGrow Biologics announced positive field-trial results, while Millennial Potash appointed a new senior VP for its project in Gabon.

NextSource Materials signed a funding agreement for a battery anode facility in the UAE, while Nextech3D.AI expanded globally. Virtuix Holdings integrated AI into its system for 3D battlefield simulations. Figure Technology Solutions shares fell after a downgrade, while Novo Nordisk warned of declining sales in 2026.

Walmart hit a $1 trillion valuation, Teradyne shares surged on strong earnings, and Capri Holdings fell despite an earnings beat. M2i Global and Volato Group advanced their supply efforts, and JD Sports Fashion shares dropped. PepsiCo announced price cuts on snacks, while PayPal shares plunged after missing Q4 estimates.

Disney delivered a strong start to fiscal 2026, but Bank of America cautioned on near-term momentum. Precious metals rebounded, while SpaceX and xai’s merger fueled IPO speculation. PayPal shares dropped after missing Q4 estimates. US stocks initially rose but fell later, with Nasdaq down 0.7%. Monthly jobs report delayed due to government shutdown.

Read more at Yahoo Finance: Nasdaq sputters as AI startup moves and software weakness hit