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Stock Market 3 February 2026

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.
Epstein files spark fresh Wall Street question: which stocks could feel the heat?

Epstein files spark fresh Wall Street question: which stocks could feel the heat?

Shares of Tesla dropped roughly 2% in early premarket trading Tuesday, while Microsoft slipped about 1.6%. Investors weighed the potential fallout from new U.S. Department of Justice revelations concerning Jeffrey Epstein, wondering if they might trigger boardroom upheavals or legal battles. Tesla traded at $421.81 and Microsoft at $423.37 in those early moves.
Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent crude futures rose 7 cents, or 0.1%, to $66.37 a barrel by 1048 GMT, recovering from an early dip to $65.19, the lowest in a week. U.S. West Texas Intermediate was up 13 cents at $62.27 after both benchmarks slid more than 4% on Monday; Cavendish analysts said “rapid shifts in financial flows” had amplified the moves. OANDA senior market analyst Kelvin Wong said the swings tracked a “geopolitical risk premium” — the extra dollars paid for crude when traders fear supply disruption — tied to Washington’s on-off threats toward Iran.
3 February 2026