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Corporate Strategy News 30 January 2026 - 6 February 2026

Stellantis’ €22bn EV U-turn: shares plunge, dividends paused, Canada battery JV stake sold for $100

Stellantis’ €22bn EV U-turn: shares plunge, dividends paused, Canada battery JV stake sold for $100

Stellantis recorded a €22.2 billion charge linked to scaling back electric vehicle plans, sending shares down nearly 19% in Milan. The company expects a €19–€21 billion loss for H2 2025 and will skip its 2026 dividend. LG Energy Solution will acquire Stellantis’ 49% stake in Canada’s NextStar Energy JV for $100.
6 February 2026
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Amazon’s $200B AI spending plan jolts investors after Q4 earnings drop

Amazon’s $200B AI spending plan jolts investors after Q4 earnings drop

Amazon said it plans about $200 billion in capital spending by 2026, focusing on AI. Shares fell nearly 8% in after-hours trading after first-quarter profit guidance missed Wall Street estimates. Fourth-quarter sales rose 14% to $213.4 billion, with AWS revenue up 24%. Free cash flow dropped to $11.2 billion due to increased investment.
5 February 2026
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Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Yum Brands will close about 250 underperforming Pizza Hut locations in the U.S. by mid-2026 as part of its “Hut Forward” turnaround plan. Pizza Hut’s U.S. same-store sales dropped 3% in the fourth quarter and 5% for 2025. Executives said the strategic review could lead to a sale of the chain. Pizza Hut ended 2025 with 19,974 global locations, down from 20,225 a year earlier.
4 February 2026
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PepsiCo stock price jumps again as PEP backs Doritos price cuts with a $10 billion buyback

PepsiCo stock price jumps again as PEP backs Doritos price cuts with a $10 billion buyback

PepsiCo shares rose 2.5% to $166.85 by midday Wednesday after announcing up to 15% price cuts on U.S. snacks like Lay’s and Doritos. The company beat fourth-quarter forecasts with $29.34 billion in revenue and $2.26 core EPS, despite a 2% volume drop. PepsiCo reaffirmed 2026 growth targets and unveiled a new $10 billion buyback. CEO Ramon Laguarta cited affordability concerns and shifts in eating habits.
4 February 2026
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GSK beats 2025 sales targets — but new CEO warns 2026 growth will cool

GSK beats 2025 sales targets — but new CEO warns 2026 growth will cool

GSK forecast slower revenue growth of 3% to 5% for 2026 under new CEO Luke Miels, citing weaker vaccine and general medicines sales. Shares rose 1.4% after an initial drop. Q4 core earnings per share reached 25.5 pence, with sales up 8% to £8.62 billion. The company is reviewing cost-saving measures and manufacturing changes but has not announced immediate cuts.
4 February 2026
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Olive Garden owner Darden Restaurants is ending Bahama Breeze — here’s what closes and what gets rebranded

Olive Garden owner Darden Restaurants is ending Bahama Breeze — here’s what closes and what gets rebranded

Darden Restaurants will permanently close 14 Bahama Breeze locations and rebrand the remaining 14 under other company brands, with closures running through April 5. The company has not said which brands will replace Bahama Breeze. Darden expects the move to have little financial impact. Shares rose 1.8% to $204.55 after the announcement.
3 February 2026
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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 named Enrique Lores as CEO starting March 1, with Jamie Miller as interim CEO. Shares fell nearly 16% in pre-market trading after a weak 2026 profit outlook and disappointing holiday-quarter results. The company reported Q4 revenue of $8.7 billion and announced its first quarterly dividend of $0.14 per share, payable March 25.
3 February 2026
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BP stock edges up as activist investors press for proof on oil-and-gas pivot

BP stock edges up as activist investors press for proof on oil-and-gas pivot

BP shares edged up 0.3% to 463.5 pence Tuesday morning as investors awaited fourth-quarter results due Feb. 10. The Australasian Centre for Corporate Responsibility filed a shareholder resolution seeking more clarity on BP’s shift from low-carbon to oil and gas spending. BP repurchased 2.86 million shares Monday, with 15.72 billion shares outstanding as of Jan. 31. Brent crude slipped 0.5% to $65.96 a barrel.
3 February 2026
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Walmart stock pops as cross-border shipping push takes shape under new CEO

Walmart stock pops as cross-border shipping push takes shape under new CEO

Walmart shares rose 3.4% to $123.22 by midday Monday after announcing a “Walmart Exports” service for U.S. marketplace sellers to reach buyers in Mexico and Canada. The company named John Furner as CEO, replacing Doug McMillon. Investors await details on costs and rollout ahead of Walmart’s Feb. 19 earnings report. Trading volume reached 8.4 million shares.
2 February 2026
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Verizon stock slips before market open as report flags possible shake-up in key consumer unit

Verizon stock slips before market open as report flags possible shake-up in key consumer unit

Verizon shares fell 0.6% to $44.25 in premarket trading Monday after reports the company is seeking candidates to replace consumer chief Sowmyanarayan Sampath. The dip follows an 11.8% surge Friday after Verizon announced strong 2026 guidance and a $25 billion buyback. No formal interviews or search firm engagement have occurred, according to the Financial Times. Investors are watching for leadership updates and the next earnings report in April.
2 February 2026
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Honeywell stock price steadies premarket after earnings beat and faster aerospace spin-off plan

Honeywell stock price steadies premarket after earnings beat and faster aerospace spin-off plan

Honeywell shares hovered near $227 in premarket trading after beating quarterly profit estimates and advancing its aerospace spin-off to Q3 2026. Fourth-quarter adjusted earnings reached $2.59 per share on $10.1 billion in sales. The company reported a record $37 billion backlog and plans further asset sales in 2026. Investors are watching aerospace aftermarket demand and data-center revenue growth.
30 January 2026
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Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
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