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Who is Josh D'Amaro, Walt Disney's new chief executive?
MarketWatch· 2026-02-03 14:13
Josh D'Amaro will become the ninth person to serve as Disney's CEO in its 102-year history. ...
Pfizer says once-a-month weight-loss drug works as it forecasts profit decline
MarketWatch· 2026-02-03 12:28
Core Insights - Pfizer announced a positive study outcome for a weight-loss drug candidate, indicating potential growth in this therapeutic area [1] - The company also projected a decline in profits, attributing this to the pricing and tariff policies implemented during the Trump administration [1] Group 1: Drug Development - Pfizer's weight-loss drug candidate has shown promising results in a recent study, which could enhance its portfolio in the obesity treatment market [1] Group 2: Financial Outlook - The company forecasts a profit decline, highlighting the adverse effects of the Trump administration's policies on drug pricing and tariffs [1]
PepsiCo snaps streak of profit declines, and boosts dividend by 4%
MarketWatch· 2026-02-03 12:21
Core Viewpoint - PepsiCo has ended a streak of profit declines by beating fourth-quarter earnings expectations and increasing its dividend by 4%, despite lowering its profit growth outlook [1] Earnings Results - PepsiCo's stock experienced a pullback in early trading following a lowered profit-growth outlook, even after reporting stronger-than-expected earnings [1] - The company reported strength in its international businesses, contributing to the earnings beat [1] - Revenue growth exceeded Wall Street projections due to increased pricing, although the volume of products sold declined compared to the previous year [1] - The decline in volume was attributed to weakness in convenient foods, which offset gains in the beverage segment [1]
PayPal's stock slides as disappointing earnings usher in a CEO change
MarketWatch· 2026-02-03 12:09
Core Viewpoint - PayPal's stock has declined following disappointing earnings and the announcement of a CEO change, indicating challenges in meeting investor expectations and the need for a leadership shift [1] Earnings Results - PayPal reported a significant slowdown in a key performance metric, which is closely monitored by investors [1] - The company missed expectations with its first-quarter profit guidance, contributing to the stock's decline [1] Leadership Change - Enrique Lores, a veteran from HP, will take over as PayPal's CEO on March 1, succeeding Alex Chriss [1] - The company acknowledged that while some progress has been made over the past two years, the pace of change and execution did not meet the board's expectations [1]
How a single tech heavyweight managed to pull the rug on gold and global markets
MarketWatch· 2026-02-03 12:00
Panmure Liberum's Joachim Klement says last week's Microsoft jolt triggered a contagion effect across trendy assets. ...
Merck's outlook for 2026 comes in lower-than-expected as pipeline faces make-or-break year
MarketWatch· 2026-02-03 11:55
Core Viewpoint - Merck's stock has declined due to full-year revenue and profit forecasts falling short of market expectations [1] Group 1: Financial Performance - The company's full-year revenue outlook is below expectations, indicating potential challenges in meeting market demands [1] - Profit forecasts for the year also did not meet analyst predictions, contributing to the stock decline [1] Group 2: Market Reaction - Following the announcement of the disappointing outlook, Merck's stock experienced a notable drop, reflecting investor concerns [1]
Gold and silver rally, after 13% fall over two sessions for yellow metal
MarketWatch· 2026-02-03 10:38
Gold and silver rally, after 13% fall over two sessions for yellow metal - MarketWatch# Gold and silver rally, after 13% fall over two sessions for yellow metalPublished: Feb. 3, 2026 at 5:38 a.m. ETShareResize---Listen(1 min)Gold futures rose on Tuesday after two days of selling. Photo: Oscar Del Pozo/Agence France-Presse/Getty ImagesGold and silver rose for the first time in two sessions on Tuesday after last week's record-setting shakeout.After Friday's plunge in its worst day in 46 years and another 1.9 ...
During the worst day for gold in 46 years, options traders made bets the metal could hit $20,000
MarketWatch· 2026-02-03 10:13
Core Insights - The article highlights a significant increase in open interest for gold options during a recent price decline, indicating traders are making large bets on the potential for gold prices to rise dramatically [1] Group 1 - Open interest in options on gold rose significantly during the price meltdown [1] - Traders are placing large wagers on the gold price doubling, tripling, and even quadrupling [1]
OpenAI reportedly has its own issues with Nvidia after Jensen Huang's underwhelming support
MarketWatch· 2026-02-03 08:40
Core Insights - The artificial intelligence narrative is becoming more intense due to concerns raised by OpenAI regarding the quality of Nvidia's microchips [1] Group 1: Company Concerns - OpenAI has expressed worries about the performance and reliability of Nvidia's microchips, which are critical for AI applications [1] - This concern follows a public appearance by Nvidia's CEO Jensen Huang, indicating potential issues in the supply chain or product quality [1]