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Earnings Reports News 3 February 2026

Dow drops nearly 430 points as tech selloff deepens; Amazon, Alphabet earnings loom

Dow drops nearly 430 points as tech selloff deepens; Amazon, Alphabet earnings loom

The Dow Jones Industrial Average fell 429.92 points, or 0.87%, to 48,977.74 on Tuesday, with the S&P 500 down 1.04% and the Nasdaq off 1.68%. Sharp declines in IBM, Salesforce, and software stocks weighed on the Dow, while PayPal plunged 19% after its CEO was ousted and its profit forecast missed estimates. Palantir jumped 6.9% on strong sales. Investors await earnings from Alphabet and Amazon this week.
DaVita stock price jumps nearly 20% as 2026 profit outlook beats Street; what investors watch next

DaVita stock price jumps nearly 20% as 2026 profit outlook beats Street; what investors watch next

DaVita shares rose nearly 20% to $132.98 after the company projected 2026 adjusted earnings per share of $13.60–$15.00, above analyst estimates. Fourth-quarter adjusted EPS reached $3.40 on revenue of $3.62 billion, both topping forecasts. The company cited higher reimbursement rates and a seasonal boost from flu vaccines. DaVita flagged a $40 million hit in 2026 from expiring ACA subsidies.
PepsiCo stock jumps as Lay’s and Doritos price cuts hit shelves after earnings beat

PepsiCo stock jumps as Lay’s and Doritos price cuts hit shelves after earnings beat

PepsiCo shares rose 3.7% to $160.99 Tuesday after the company cut U.S. snack prices and beat quarterly revenue and earnings forecasts. The company raised its dividend, confirmed 2026 targets, and approved a new $10 billion share buyback. Snack prices on brands like Lay’s and Doritos are dropping up to 15% this week. Investors are watching if lower prices will lift North American volumes before the Super Bowl.
KLA stock slides as chip-equipment names retreat; shutdown jitters and megacap earnings in focus

KLA stock slides as chip-equipment names retreat; shutdown jitters and megacap earnings in focus

KLA shares fell 4.5% to $1,346.85 by midday Tuesday, underperforming other chip-equipment stocks as tech shares broadly declined. The partial U.S. government shutdown delayed key labor-market data, adding uncertainty for investors. Alphabet and Amazon earnings this week are in focus for signals on AI and cloud spending.
Eli Lilly stock slips as obesity-drug price cuts and rival data set up Feb. 4 earnings

Eli Lilly stock slips as obesity-drug price cuts and rival data set up Feb. 4 earnings

Eli Lilly shares fell 1.4% to $1,029.99 by midday Tuesday as U.S. prices for GLP-1 obesity drugs dropped sharply, prompting analysts to cut long-term forecasts. Novo Nordisk and Pfizer reported strong weight-loss data for rival drugs this week, intensifying competition. Investors await Lilly’s earnings update Wednesday for signals on pricing, demand, and supply outlooks.
Strategy (MSTR) stock price slips with Bitcoin ahead of Feb. 5 earnings

Strategy (MSTR) stock price slips with Bitcoin ahead of Feb. 5 earnings

Strategy Inc shares fell 2.5% to $136.10 by late morning Tuesday as Bitcoin dropped 3% to near $76,700. A new SEC filing showed Strategy bought 855 bitcoins last week for $75.3 million, funded by selling $106 million in stock. The company now holds 713,502 bitcoins at an average price of $76,052. Investors await Strategy’s earnings report after markets close Thursday.
Robinhood (HOOD) stock slips again as bitcoin stays weak; UK ISA rollout and earnings next week in focus

Robinhood (HOOD) stock slips again as bitcoin stays weak; UK ISA rollout and earnings next week in focus

Robinhood shares fell 1.2% to $88.87 Tuesday as crypto-linked stocks tracked bitcoin’s 1.1% drop. The company launched a tax-sheltered stocks & shares ISA in the UK, offering a 2% cash bonus and access to 5,000 U.S.-listed stocks. Investors await Robinhood’s Feb. 10 earnings for signs of trading volume trends and new products. Prediction-market activity faces uncertainty after the U.S. football season ends.
Broadcom stock dips today: AVGO slides as Wi‑Fi 8 push, VMware partner cuts sharpen focus on March earnings

Broadcom stock dips today: AVGO slides as Wi‑Fi 8 push, VMware partner cuts sharpen focus on March earnings

Broadcom shares fell 3.4% to $319.73 late Tuesday morning after opening at $336.60 and swinging between $338.76 and $315.15. The company will report quarterly results and its business outlook after markets close March 4. Broadcom launched a new Wi‑Fi 8 enterprise platform Tuesday and confirmed changes to VMware’s partner program, reducing European resellers.
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No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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