Dow Jones mixed as Palantir soars, PayPal plunges on earnings flood
The post Dow Jones mixed as Palantir soars, PayPal plunges on earnings flood appeared on BitcoinEthereumNews.com.
• Walmart becomes the first retailer to reach $1 trillion market capitalization, joining an elite club dominated by tech giants. • Palantir surges over 10% after delivering blockbuster fourth-quarter results and raising 2026 revenue guidance well above Wall Street expectations. • PayPal plunges 18% following disappointing earnings and CEO Alex Chriss’s immediate departure, with HP’s Enrique Lores named as replacement. • Gold and Silver stage sharp rebounds after historic selloffs, with analysts maintaining bullish long-term outlooks despite recent volatility. The Dow Jones Industrial Average (DJIA) traded in mixed territory on Tuesday, down around 175 points or 0.35% as investors digested a deluge of corporate earnings and economic data stutters. The S&P 500 rose 0.3% in early trading, hovering near record highs, while the Nasdaq Composite gained 0.5% on strength in AI-related stocks. The Dow fluctuated near the flatline, weighed down by weakness in healthcare names following Medicare Advantage rate proposals, but supported by gains in consumer staples and industrials. The Bureau of Labor Statistics (BLS) confirmed that the December 2025 JOLTS Job Openings report, originally scheduled for Tuesday morning, will be delayed due to the ongoing partial government shutdown. The Labor Department is among the agencies affected by the funding lapse that began January 31. The most recent data from November showed job openings fell by 303K to 7.146 million, the lowest level since September 2024 and well below market expectations of 7.60 million. Openings declined notably in accommodation and food services, transportation, warehousing and utilities, and wholesale trade. The January employment situation report, including the latest Nonfarm Payrolls (NFP) net job additions figures, initially scheduled for Friday, has also been postponed. A House vote on a funding package is expected later Tuesday, though analysts note the delay adds uncertainty as markets assess the health of the labor market ahead…
Filed under: News - @ February 3, 2026 6:25 pm