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00:02 Zack Guzman
Zack Guzman here for what to watch Tuesday, February 3rd. Another busy day of earnings on deck Tuesday.
00:08 Zack Guzman
We’re getting reports from the pharmaceutical sector with Merk, Pfizer, and Amgen. PayPal also reporting before the market’s open.
00:16 Zack Guzman
And then after the close, investors will be watching AMD closely. Analyst expecting AMD to have a solid Q4, but the real growth story right now is CPUs with the GPU payoff likely coming in the second half of 2026.
00:28 Zack Guzman
Chipotle also in focus with Q4 earnings after the closing bell. Analyst anticipating same store sales to dip despite heavy promotions, while margins may tighten as discounts and higher costs weigh on results.
00:38 Zack Guzman
On the media front, Netflix co-CEO Ted Sarandos is heading to Capitol Hill on the hot seat over the company’s proposed deal to take over Warner Brother’s Discovery. That hearing starts at 2:30 p.m. Eastern.