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PayPal sees 2026 profit below estimates, holiday-quarter results fall short
Feb 3 (Reuters) - PayPal PYPL.O issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, pressured by weaker U.S. retail spending and slower growth in its branded checkout segment.Retail spending has softened as cautious consumers, ...
Reuters
Tue, Feb 3
Other
Hexagon Agility Receives Order For Natural Gas Powered Trucks In Mexico
Feb 3 (Reuters) - Hexagon Composites ASA HEX.OL:HEXAGON AGILITY RECEIVES ORDER FOR NATURAL GAS POWERED TRUCKS FROM A LEADING MEXICAN TRUCKING COMPANYORDER REPRESENTS AN ESTIMATED VALUE OF USD 11.7 MILLION (APPROX. NOK 113 MILLION)
Reuters
Tue, Feb 3
Other
PayPal names Enrique Lores as CEO
Feb 3 (Reuters) - PayPal PYPL.O said on Tuesday it has named Enrique Lores as president and CEO, effective March 1.
Reuters
Tue, Feb 3
Cryptocurrencies
Ethereum Price Prediction: ETH’s Performance Signals $7,000 Breakout, Expert Says
The Ethereum price has not been immune to the sharp downturn that swept through the broader crypto market over the weekend. Selling pressure intensified into Monday, pushing the second‑largest crypto down toward the $2,150 level at its lows. Even so, some analysts remain confident that Ethereum’s lo...
Bitcoinist
Tue, Feb 3
Cryptocurrencies
Crypto Today: Bitcoin, Ethereum, XRP recovery stalls amid mixed ETF flows
Bitcoin (BTC) is trading above $78,000 at the time of writing on Tuesday as the dust from last week’s turbulence settles. Institutional interest in BTC is evidently improving, supported by the resurgence of inflows into spot Exchange-Traded Funds (ETFs).
Bitcoin
Ethereum
XRP
Fxstreet
Tue, Feb 3
Forex
Brazil Industrial Output (YoY) came in at 0.4% below forecasts (1%) in December
Brazil Industrial Output (YoY) came in at 0.4% below forecasts (1%) in December
Fxstreet
Tue, Feb 3
Forex
Brazil Industrial Output (MoM) came in at -1.2%, below expectations (-0.8%) in December
Brazil Industrial Output (MoM) came in at -1.2%, below expectations (-0.8%) in December
Fxstreet
Tue, Feb 3
Other
Olympics-LA28 name six US stadiums for 2028 Olympic soccer matches
By Rory CarrollFeb 3 (Reuters) - Organisers of the 2028 Los Angeles Olympics on Tuesday named six stadiums across the United States set to host matches in the men's and women's Olympic soccer tournaments, expanding the competition footprint well beyond Southern California.LA28 said group sta...
Reuters
Tue, Feb 3
Other
Judge in Charlie Kirk case to consider bid to disqualify prosecutors
By Andrew Hay Feb 3 (Reuters) - Lawyers for the man accused of assassinating conservative activist Charlie Kirk will urge a judge on Tuesday to dismiss the prosecution team due to alleged conflict of interest because the lead prosecutor's daughter witnessed the killing.Attorneys for 22-year-o...
Reuters
Tue, Feb 3
Economic Indicator
RPT-BREAKINGVIEWS-India settles for least bad option on US trade
By Shritama Bose MUMBAI, Feb 3 (Reuters Breakingviews) - India's trade pact with the U.S. leaves much to be desired but will ease a crushing overhang on the rupee. Ten months into President Donald Trump's trade war, the South Asian country is emerging bruised but at least more integrated ...
Reuters
Tue, Feb 3
Other
RPT-BREAKINGVIEWS-Asian investment banking is at an inflection point
By Una Galani HONG KONG, Feb 3 (Reuters Breakingviews) - Investment banking is a daunting business in Asia Pacific. The regional bosses of some Wall Street giants liken their job to corralling a loose confederation of mercenaries, or battling a three-headed monster. Such are the challenges of run...
Reuters
Tue, Feb 3
Economic Indicator
INDIA BONDS-India bond rally on US trade pact runs into supply wall, RBI meet
By Khushi Malhotra MUMBAI, Feb 3 (Reuters) - Indian government bonds rose on Tuesday after the U.S.–India trade-pact sparked fresh buying, but gains were capped as the news created a rare opportunity for profit-taking in a supply-heavy market.U.S. President Donald Trump announced late on Mond...
Reuters
Tue, Feb 3
Other
PJT Partners Q4 revenue slightly misses on lower interest income
OverviewGlobal advisory-focused investment bank's Q4 revenue slightly missed analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased 2.4 mln shares during the yearOutlookCompany did not provide specific guidance for future quarters or yearsResult DriversADVISORY REVE...
Reuters
Tue, Feb 3
Stocks
The Easy Way You Can Avoid Medicare Late Enrollment Penalties
Key PointsMedicare costs often catch retirees off guard.Signing up late could leave you paying more for Medicare for life.Make sure you understand when you're supposed to enroll, and when you have the leeway to delay enrollment without a penalty.The $23,760 Social Security bonus most retirees comple...
The Motley Fool
Tue, Feb 3
Other
Pfizer's Q4 revenue beats expectations, reaffirms guidance
OverviewPharmaceutical giant's Q4 revenue beat analyst expectations despite a 1% yr/yr declineAdjusted EPS for Q4 beat analyst expectationsCompany reaffirms full-year 2026 financial guidanceOutlookPfizer reaffirms 2026 revenue guidance of $59.5 bln to $62.5 blnCompany expects $5 bln in 2026 reve...
Reuters
Tue, Feb 3
Stocks
Marathon Petroleum gains after Q4 profit beat
Shares of refiner Marathon Petroleum MPC.N jump 6.8% to $188.99 premarketCo beats Wall Street estimates for fourth-quarter profit helped by strong refining margins Posts adjusted profit of $4.07 per share vs. analysts' average estimates of $2.88 per share - data compiled by LSEGMPC's refinin...
Reuters
Tue, Feb 3
Economic Indicator
Eurozone: Positive growth outlook for 2026 – BNP Paribas
BNP Paribas highlights a positive outlook for the Eurozone, forecasting robust GDP growth of 1.5% in 2026, bolstered by recovering industry and household purchasing intentions. The report notes that Europe is overcoming challenges such as the war in Ukraine and political uncertainty in France.
Fxstreet
Tue, Feb 3
Other
Rithm Capital Q4 adjusted EPS beats expectations
OverviewAlternative asset manager's Q4 adjusted EPS beat analyst expectationsCompany completed acquisitions of Crestline Management and Paramount GroupQ4 GAAP net income decreased compared to Q3Result DriversACQUISITIONS - Completion of Crestline Management and Paramount Group acquisitions expan...
Reuters
Tue, Feb 3
Forex
Capri Holdings Q3 revenue beats estimates
OverviewGlobal fashion luxury group's Q3 revenue fell 4% but beat analyst expectationsAdjusted EPS for Q3 beat analyst expectationsCompany reduced net debt to $80 mln after Versace saleOutlookCapri Holdings expects fiscal year 2026 revenue of $3.45 bln to $3.475 blnCapri Holdings projects dilute...
Reuters
Tue, Feb 3
Other
RPC Q4 EPS misses analyst expectations due to holiday slowdowns, higher wireline costs
OverviewOilfield services firm's Q4 revenue slightly missed analyst expectationsAdjusted EPS for Q4 missed analyst expectationsCompany experienced revenue decline due to holiday slowdowns and increased wireline expensesOutlookRPC expects crude oil price volatility due to geopolitical development...
Reuters
Tue, Feb 3
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