Market Overview
U.S. stock futures moved higher Tuesday as tech stocks rose, led by strong results from Palantir, while gold and silver also rebounded.
Sponsor: Finviz Elite - Looking to spot market movers in real time? Get access to real-time market data, advanced screening filters, and visual market maps with a 7-day free trial.
Indexes & Sectors
Major Indexes: S&P 500 higher, Nasdaq higher, Dow flat, Russell 2000 higher
Leading Sectors: Materials, Technology, Energy, Consumer Discretionary
Lagging Sectors: Consumer Staples, Financial, Health Care
Economic Calendar
Time (ET) | Report | Actual | Forecast | Previous |
|---|---|---|---|---|
9:45am | S&P final U.S. services PMI (Jan.) | 52.5 | ||
10:00am | Job openings (Dec.) | 7.1 million | 7.1 million | |
10:00am | ISM services (Jan.) | 53.5% | 54.4% |
Stocks In The Spotlight
Palantir (PLTR): Palantir posted stronger-than-expected earnings and revenue, showing continued momentum in demand for its AI-focused software products.
PayPal (PYPL): PayPal reported weaker-than-expected earnings for the quarter and gave cautious outlooks for both the next quarter and the full year. The company also shared a longer-term profit outlook that came in below expectations. On the positive side, PayPal announced its first-ever quarterly dividend and revealed upcoming leadership changes.
Teradyne (TER): Teradyne reported very strong quarterly results and issued upbeat guidance, driven by rising demand for semiconductor testing tied to AI growth.
NXP Semiconductors (NXPI): NXP exceeded earnings and revenue expectations but issued forward guidance that disappointed investors. The company also completed the sale of its MEMS sensors business and highlighted benefits from recent acquisitions.
DaVita (DVA): DaVita reported results for the quarter and year, highlighted debt refinancing and share repurchases, and announced a new partnership focused on expanding home-based kidney care.
Rambus (RMBS): Rambus reported record annual revenue and earnings but warned that a temporary supply chain issue could pressure results in the upcoming quarter.
TeraWulf (WULF): TeraWulf announced acquisitions of power and infrastructure sites, significantly expanding its total capacity and geographic footprint.
AES Corp. (AES): AES is reportedly drawing acquisition interest, with infrastructure-focused investors exploring a potential purchase of the renewable energy company.
Merck (MRK): Merck issued a cautious long-term outlook as it prepares for patent expirations and more competition from generic drugs, which weighed on investor sentiment despite steady operations.
PepsiCo (PEP): PepsiCo beat earnings and revenue expectations, but investors focused on declining product volumes, raising concerns about future growth.
Pfizer (PFE): Pfizer delivered better-than-expected quarterly results, but shares slipped after the company reaffirmed a modest outlook.
Simon Property Group (SPG): Simon Property Group reported solid results, raised its dividend, and outlined plans to return capital to shareholders while investing heavily in acquisitions and redevelopment projects.
Healthpeak Properties (DOC): Healthpeak delivered strong earnings and revenue growth compared to last year, beat expectations, and provided updates on its strategic initiatives, though shares still moved lower.
Galaxy Digital (GLXY): Galaxy Digital reported a quarterly and full-year net loss but showed a significant increase in equity capital by the end of the year.
Eaton (ETN): Eaton reported record quarterly results and issued strong growth and earnings guidance for the coming year, reflecting solid demand across its businesses.
MPLX LP (MPLX): MPLX posted strong quarterly earnings and outlined plans for increased capital spending, with most investments focused on natural gas and related infrastructure growth.
Archer Daniels Midland (ADM): ADM reported quarterly and full-year earnings, issued higher full-year guidance, and announced a dividend increase, though shares reacted negatively.
Gartner (IT): Gartner beat quarterly revenue expectations but saw a sharp drop in net income and issued a weaker-than-expected outlook, despite expanding its share repurchase program.
Fabrinet (FN): Fabrinet reported record earnings and revenue, well above expectations, and issued a strong outlook, though shares still pulled back.
Momentum Stocks
(Stocks showing elevated volume and notable price movement)
Gainers: GME, LUV, VIAV, BIPC, AVT, SYY, CGON
Losers: HOOD, AI, SOFI, KVYO, HUBS, CVLT, HUM, PAR, PINS, CEG, MNDY, FIG
Today’s IPOs
Company | Ticker | Managers | Shares | Low | High | Volume |
|---|---|---|---|---|---|---|
Iris Acquisition Corp. II | IRABU | Cohen & Company Capital Markets | 15 million | 10.00 | 10.00 | $150.0 million |
Jaguar Uranium Corp. | JAGU | Titan Partners Group | 6 million | 4.00 | 6.00 | $30.0 million |
Disclaimer: This newsletter is for informational purposes only and does not constitute investment advice. Readers should conduct their own research and consider consulting a financial professional before making investment decisions.