PayPal shares plunge nearly 20% on CEO exit, disappointing 2026 profit forecast
PayPal logged revenue of $8.68 billion for the quarter, missing estimates of $8.80 billion. Adjusted profit was $1.23 a share, also below analysts’ forecasts.
Ray Dalio warns the world is ‘on the brink’ of a capital war
The billionaire Bridgewater founder also weighed in on investing in gold after the metal was gripped by a sharp sell-off.
Palantir soars after strong earnings. What analysts highlighted, including accelerating AI demand
Analysts remained overwhelmingly bullish on Palantir, although the company’s lofty valuation stood out as a sore spot for some.
Pfizer says obesity injection shows promise as monthly treatment in mid-stage trial
The data on Pfizer’s GLP-1 offer early evidence that the injection can be administered less frequently than existing drugs without sacrificing efficacy.
Disney shares are flat as CEO succession takes the spotlight. Here’s what’s happening
An analyst said the question of who will succeed Bob Iger as CEO has been an ‘overhang’ on Disney’s stock.
Nintendo Switch becomes the gaming giant’s best-selling console ever
The success of the Switch was down to the innovative nature of the hardware, combined with strong games based on Nintendo’s most popular characters.
Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms
Merck posted a modest 2026 outlook that fell short of estimates, as it prepares for some drugs to go off patent later this year and face generic competition.
S&P 500 tumbles nearly 1% as investors rotate out of tech, Dow slides more than 160 points: Live updates
The broad market index fell on Tuesday as investors sold their tech shares.
PepsiCo’s drink sales are improving, and it’s planning to cut snack prices
PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street’s estimates.
Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal
The U.S. deal comes after global trading partners have been signing trade pacts, leaving America looking ostracized and more isolated.
