Stocks to Focus: Alphabet, Qualcomm, Arm, e.l.f Beauty, BT in Spotlight

The stock market has been anything but quiet in early February 2026. Big names are moving on fresh earnings, supply issues, and changing investor expectations. Alphabet trimmed back on gains despite strong results, while Qualcomm’s stocks slid sharply after warning about memory shortages that are squeezing smartphone makers. Arm Holdings posted solid revenue yet its shares still dipped, showing how tough the AI chip race has become.