Tuesday, February third, 2026
Kicking off one other day of buying and selling, the Dow is flat however different indexes are up: the S&P 500 +0.23%, the Nasdaq +0.51% and the small-cap Russell 2000 +0.32%. The rebound off Friday’s near-term lows continues at a considerably measured tempo, with an obvious bullish sign for tech shares at this hour.
Bob Iger’s Replacements at Disney Introduced
A day after The Walt Disney Co. DIS reported encouraging quarterly earnings, bolstered largely as a consequence of outperformance on the firm’s theme parks, has introduced adjustments to the entrance workplace. CEO Bob Iger will step down subsequent month — not the top of the 12 months, as earlier surmised — and will likely be changed by Josh D’Amaro, at present the Chairman of Disney Experiences, the place he has served since 2020. Disney Experiences contains Parks, Cruises and Client Merchandise.
In the meantime, Dana Walden, at present head of Disney Leisure Media — together with information and content material — will take over as each Disney President and Chief Inventive Officer (a newly- minted function on the firm) on March 18th. It will successfully give the leisure behemoth two heads for management going ahead. Shares of DIS are up +1.4% on the information at this hour.
JOLTS Jobs Numbers Out After the Open
The December report for Job Openings and Labor Turnover Survey (JOLTS) comes out this morning at 10am ET, with expectations for the bottom variety of the 12 months for the second-straight month: 7.1 million. The final print got here in at 7.14 million, which amounted to the fewest job openings since September of 2024.
That is the primary set of numbers addressing “Jobs Week” this week, and studies a month in arrears from Wednesday’s ADP ADP private-sector payrolls and Friday’s Employment State of affairs from the U.S. Bureau of Labor Statistics (BLS). Final report, greater than -100K job openings in each Lodging/Meals Providers and Commerce/Transportation/Utilities sank outcomes, with all 4 areas posting unfavorable job openings. We’ll see how December numbers evaluate.
This fall Earnings Roundup Forward of the Bell
Zacks Rank #4 (Promote)-rated PayPal PYPL missed estimates on each high and backside traces this morning, posting earnings of $1.23 per share which got here 6 cents shy of the Zacks consensus. Revenues of $8.68 billion had been -1.07% beneath expectations. Shares are down -18% in right this moment’s pre-market buying and selling, after shedding -10% already 12 months so far. For extra on PYPL’s earnings, click on right here.
Huge Pharma staples Pfizer PFE and Merck MRK each outperformed estimates this morning of their respective This fall studies: Pfizer posted a +15.8% earnings shock to $0.66 per share on a +4.26% outperformance on revenues to $17.56 billion, whereas Merck beat on earnings by a penny to $2.04 per share on a +1.33% income shock to $16.4 billion. However traders are promoting the information on lukewarm outlooks for each main drugmakers.
Marathon Petroleum MPC had maybe the strongest quarterly beat of the morning, logging earnings of $4.07 per share versus expectations of $2.73, for a +49% constructive shock. Revenues of $33.42 billion had been additionally strongly forward of estimates, by +12.9%. Shares are up +3.4% at this hour, +8.8% 12 months so far. For extra on MPC’s earnings, click on right here.
What to Anticipate Throughout Immediately’s Inventory Market
Earnings, earnings and extra earnings! As soon as the closing bell sounds, we’ll put together for This fall earnings from Superior Micro Gadgets AMD, a Zacks Rank #2 (Purchase)-rated chipmaker anticipated to deliver +21% earnings progress 12 months over 12 months on +26% income progress. We’ll additionally see outcomes for Amgen AMGN, Skyworks Options SWKS and Chipotle CMG, all of which carry a Zacks Rank #3 (Maintain) score into the prints.
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Superior Micro Gadgets, Inc. (AMD) : Free Inventory Evaluation Report
Automated Knowledge Processing, Inc. (ADP) : Free Inventory Evaluation Report
Pfizer Inc. (PFE) : Free Inventory Evaluation Report
Merck & Co., Inc. (MRK) : Free Inventory Evaluation Report
Amgen Inc. (AMGN) : Free Inventory Evaluation Report
Chipotle Mexican Grill, Inc. (CMG) : Free Inventory Evaluation Report
Skyworks Options, Inc. (SWKS) : Free Inventory Evaluation Report
The Walt Disney Firm (DIS) : Free Inventory Evaluation Report
Marathon Petroleum Company (MPC) : Free Inventory Evaluation Report
PayPal Holdings, Inc. (PYPL) : Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
