Walmart Reaches $1 Trillion Market Cap as Its E-Commerce Booms
The retailer has joined a select group of mostly tech companies with a 13-figure valuation.
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Disney Names Parks Chief D'Amaro as New CEO, Succeeding Iger
Josh D'Amaro will be the ninth person to lead Disney in the company's 102-year history.
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Wegovy Maker Novo Nordisk Forecasts Sales Decline in 2026
The Danish drugmaker said adjusted sales should decline between 5% and 13% at constant exchange rates in 2026, a reversal from last year, when sales grew 10%.
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PayPal Replaces CEO as It Flags Lower Earnings
PayPal shares plunged after it said its board decided "the pace of change and execution was not in line" with expectations.
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Ivanhoe Mines Shares Rise With Talks to Supply U.S. 'Project Vault' With Critical Minerals
The Canadian mining company said it is in advanced discussions with Congo's state-owned miner, Gecamines, as well as Swiss metals and energy trading firm Mercuria to supply production from the Kipushi mine to the U.S.
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Siemens Energy to Spend $1 Billion to Boost Manufacturing of Electrical-Grid Equipment
Investments include restarting manufacturing of gas turbines, the monster machines needed to supply reliable power for the AI-data-center boom.
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PepsiCo to Slash Prices Up to 15% on Doritos, Cheetos and Other Snacks
The food-and-beverage giant wants to boost sales by giving consumers "more value" after years of raising prices.
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Pfizer Sales Fall on Continued Lower Covid-19 Drug Demand
Pfizer reported lower fourth-quarter sales as demand for its Covid-19 vaccine and antiviral drug continued to decline.
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X's Paris Office Raided by Prosecutors, Musk Summoned for Interview
Authorities are investigating the social-media platform's role in deepfake images and alleged foreign interference in French politics.
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BP Investors Demand Proof That Shift Back to Oil and Gas Will Boost Returns
A shareholder resolution filed by U.K. and European pension funds, along with activist investor Australasian Centre for Corporate Responsibility, said the reset strategy and renewed focus on oil and gas doesn't address the root cause of BP's underperformance.
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Merck Expects Slower Earnings Growth As It Spends on Acquisitions
Merck recorded higher revenue in its fourth quarter, but expects earnings growth to slow as it ramps up acquisitions.
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Capri Swings to a Profit as Versace Sale Offsets Revenue Drop
Capri Holdings swung to a fiscal third-quarter profit as the recent sale of its Versace label offset the drop in sales and rising costs.
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Archer Daniels Profit, Revenue Fall
Archer Daniels Midland logged lower fourth-quarter profit and revenue, hurt by a challenging operating environment marked by trade and policy uncertainty.
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RELX, Wolters Kluwer Shares Plunge on AI Competition Fears
Shares in European legal publishing companies plunged Tuesday as investors reacted to newly released tools from artificial-intelligence provider Anthropic.
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SpaceX, xAI Tie Up, Forming $1.25 Trillion Company
The merger puts Elon Musk's rocket and artificial-intelligence companies under one roof.
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AMD Reports Earnings Today. Gains From Agentic AI Aren't 'Fully Priced In.'
Management's forecasts for the current quarter may be surprisingly upbeat.
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Nintendo Backs Guidance as Switch 2 Sales Boost Results
The Japanese videogame maker maintained its annual forecasts for Switch 2 sales and net profit even as it reported sharply higher nine-month results.
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China Bans Retractable Door Handles on Cars as Safety Concerns Grow
Some consumers have found the feature, used by Tesla and Chinese EV makers, inconvenient or dangerous during accidents.
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Orsted Sells Onshore Business for $1.7 Billion After Judge Rules U.S. Wind Project Can Resume
The company has been working through a major restructuring that includes a large-scale divestment program to free up funds and shore up its coffers.
(END) Dow Jones Newswires
February 03, 2026 13:00 ET (18:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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