Earnings Digest: Feb 5, 2026 6:06 PM EST

Highlights:

• Molina Healthcare plunged 33% after forecasting 2026 profit less than half of Wall Street expectations and announcing it will stop offering Medicare Advantage prescription drug plans for 2027 due to rising medical costs. Source

• Moelis, Evercore saw compensation costs rise at least 23% as investment banks increased spending on talent amid a competitive recruiting environment and dealmaking boom. Source

• Boeing, Airbus are in early talks with Saudi Arabia's flagship carrier for what could be its largest plane purchase ever as the kingdom invests billions in becoming a travel hub. Source

• Danone faces expanding recalls of infant formula in Austria and France due to possible contamination with the toxin cereulide. Source

• Shell will pause investments in Kazakhstan as it navigates legal claims from the OPEC+ nation that could reach billions of dollars. Source

• Saudi Arabia cut its main oil price for Asian buyers to the lowest in years, signaling global supplies are running ahead of demand. Source