Today: 3 July 2026

Disney Q1 earnings beat — then a theme-park warning on tourists hit the mood

Disney Q1 earnings beat — then a theme-park warning on tourists hit the mood

Walt Disney on Monday topped Wall Street’s adjusted earnings forecast but warned its theme parks segment will be held back by a decline in international visitors to the U.S. This warning hits hard since parks and experiences are still Disney’s primary profit driver, fueling hefty investments in films, sports rights, and streaming. With cable TV shrinking and streaming locked in a tough battle over price and content, investors have been relying heavily on that division to keep profits afloat.
3 February 2026
Plug Power stock holds near $2 as CEO warns reverse split ahead of key Feb. 5 vote

Plug Power stock holds near $2 as CEO warns reverse split ahead of key Feb. 5 vote

New York, February 3, 2026, 09:20 — Premarket Plug Power shares hovered around $2.08 in early trading Tuesday, barely moving as the hydrogen and fuel-cell firm clarified its stance ahead of a crucial Feb. 5 vote on boosting its share authorization. Marsh told the board he is “strongly opposed to a reverse stock split,” but cautioned that if the proposal doesn’t pass, the company would still need to go down that route. He noted that previous shareholder approval covers splits anywhere from 1-for-5 up to 1-for-200.
3 February 2026
Ondas (ONDS) stock price jumps before the bell on Asia-Pacific defense contract, Rotron Aero deal

Ondas (ONDS) stock price jumps before the bell on Asia-Pacific defense contract, Rotron Aero deal

New York, February 3, 2026, 09:03 EST — Premarket Ondas shares climbed about 2.7% to $10.64 in premarket action Tuesday following news that Airobotics secured a fresh defense contract with a government client in the Asia-Pacific region. The Nasdaq-listed stock also caught attention after a separate announcement the day before about its acquisition of Rotron Aero.
Gold and silver price forecast 2026: banks stick with $6,000 gold as silver re-prices lower

Gold and silver price forecast 2026: banks stick with $6,000 gold as silver re-prices lower

London, Feb 3, 2026, 13:46 GMT — Regular session Gold rebounded sharply on Tuesday and silver surged, as traders snapped up bullion after last week’s wipeout. Spot gold rose 5.3% to $4,913.59 an ounce by 1234 GMT and silver climbed 9% to $86.60; gold was bouncing from Monday’s low of $4,403.24 and remained below last week’s record $5,594.82. The U.S. Bureau of Labor Statistics said the closely watched January employment report will not be released this Friday because of a partial government shutdown.
Disney’s CEO handoff is set: Parks boss Josh D’Amaro to replace Bob Iger in March

Disney’s CEO handoff is set: Parks boss Josh D’Amaro to replace Bob Iger in March

Walt Disney Co on Tuesday tapped theme-park head Josh D’Amaro as its next CEO, set to take over from Bob Iger at the company’s annual shareholder meeting on March 18. The company also promoted entertainment executive Dana Walden to president and chief creative officer. The decision puts an end to months of speculation over Iger’s successor, a figure widely seen as one of the most powerful leaders in modern entertainment. Investors have demanded a smoother transition, wary of the chaos that followed previous leadership changes.
3 February 2026
PayPal dumps CEO Alex Chriss, taps HP chief Enrique Lores as earnings miss and dividend debut jolt stock

PayPal dumps CEO Alex Chriss, taps HP chief Enrique Lores as earnings miss and dividend debut jolt stock

PayPal announced it will replace CEO Alex Chriss with Enrique Lores, currently leading HP Inc., following a gloomy profit forecast that sent shares tumbling in premarket action. Jamie Miller steps in as interim CEO, while David W. Dorman takes over as independent board chair, the company said. https://www.bloomberg.com/news/articles/2026-02-03/paypal-names-hp-s-enrique-lores-to-replace-ceo-alex-chriss The board acted after assessing PayPal’s standing against rivals and concluding that “the pace of change and execution” wasn’t meeting expectations. This shake-up comes as payments companies race to find growth, with PayPal’s core checkout button no longer dominating the scene. https://www.ft.com/content/81a4c10f-dc31-4faa-a2c6-a6b12a48b910
SpaceX buys Musk’s xAI in record $1.25 trillion deal as space stocks jump premarket

SpaceX buys Musk’s xAI in record $1.25 trillion deal as space stocks jump premarket

New York, February 3, 2026, 08:26 — Premarket SpaceX has snapped up Elon Musk’s AI startup xAI, merging its rocket and satellite operations with the creators of the Grok chatbot. A source close to the deal pegged SpaceX’s valuation at $1 trillion and xAI’s at $250 billion—up from recent secondary-market estimates around $800 billion and $230 billion, respectively. xAI investors will get 0.1433 SpaceX shares per xAI share, the source added, with some execs able to cash out at $75.46 per share. PitchBook analyst Ali Javaheri highlighted Starlink as a “cash flow engine” amid LSEG data showing this is now the biggest M&A deal ever, beating Vodafone’s 2000 Mannesmann acquisition.
PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal on Tuesday chose Enrique Lores as its next CEO, following a profit forecast for 2026 that came in below expectations. The announcement knocked the stock down nearly 16% in premarket trading. The payments giant also posted holiday-quarter results that missed Wall Street estimates and revealed that growth in its higher-margin “branded checkout” button on merchant sites slowed to just 1%. This raised new concerns about competition from Apple, Google, and other rivals. The timing is crucial since the December quarter typically boosts payments companies. Investors see PayPal’s branded checkout gains as a key test of its ability to hold onto core business amid cautious shoppers. The board’s decision to change CEOs during this pivotal period shows dwindling tolerance for gradual progress, even as the company juggles growth initiatives and cost control.

Stock Market Today

  • Specialty stores rise after Q1 beats; Best Buy (NYSE:BBY) jumps 21%, Bath & Body Works (NYSE:BBWI) up 24%
    July 3, 2026, 5:53 PM EDT. Specialty retailers topped Q1 revenue estimates by 1.3%, sending shares up an average 9.3%. Best Buy (NYSE:BBY) posted $8.94 billion revenue, also 1.3% over forecasts, and its stock soared 20.9% after results. But Best Buy's full-year EPS guidance landed just under what analysts expected. Bath & Body Works (NYSE:BBWI) led the group, jumping 23.7% after beating on revenue and EPS, even with sales off 3.2%. Looking ahead, the group gave a mixed read for Q2, trimming revenue guidance by 0.6%. These retailers are dealing with weak foot traffic and e-commerce competition by leaning on richer product lines and staff know-how.
Go toTop