Earnings Digest: Feb 5, 2026 8:11 PM EST

Highlights:

• Kirin sells Four Roses bourbon brand to E&J Gallo for up to $775 million as Japanese brewer shifts toward healthcare amid cooling US whiskey demand. Source

• Trump launches TrumpRx website offering discounted medicines to Americans, addressing cost-of-living concerns ahead of November congressional elections. Source

• MUFG plans to hire bankers for data center financing deals as Japan's largest bank capitalizes on the AI boom. Source

• AGCO predicts farm equipment sales increase for first time in three years, signaling potential agriculture sector recovery. Source

• Bayer's experimental drug reduces secondary stroke risk by 26% in late-stage trial, potentially driving growth amid generic competition pressures. Source

• US mortgage rates rise to 6.11% for 30-year loans, marking third consecutive weekly increase ahead of spring sales season. Source

• Phillips 66 cuts nearly 300 jobs as it shuts down its last California oil refinery operations. Source

• Warner Bros. Discovery CEO Zaslav lobbies EU officials supporting $82.7 billion sale of streaming and studios businesses to Netflix. Source