Stock Market Today 05.01.2026

RioCan REIT (TSX:REI.UN) valuation under scrutiny as P/E spikes; DCF fair value signals upside

January 5, 2026, 11:38 PM EST. RioCan Real Estate Investment Trust (TSX:REI.UN) shows momentum with 1.7% gain in the past week and 4.7% in the past month, and a 1-year total shareholder return of 10.1%. Shares trade at CA$19.07, with a P/E of 84.3x against a sector average near 23.9x and peers around 16.7x. The data point to an intrinsic discount of about 10%. Simply Wall St's DCF model puts a fair value of CA$21.10, about 9.6% above the current price. Earnings have declined about 4.4% per year over five years, with a profit margin of 5.4% versus 18.3% a year earlier. The analysis suggests the market is pricing in optimism, with upside hinging on revenue growth.

Can SMCI, LULU and NKE Turn Around in 2026?

January 5, 2026, 11:37 PM EST. Three of 2025's market disappointments – Super Micro Computer (SMCI), Lululemon (LULU) and Nike (NKE) – are dissected for a potential 2026 rebound in a Dec. 29, 2025 Motley Fool Money podcast. Hosts Tom King, Tim Beyers and Travis Hoium debate whether these names can turn around after a difficult year. The discussion on SMCI centers on a regulatory scare: Ernst & Young criticized the company's financial statements, while margins tightened and free cash flow weakened amid pressure from Dell and HPE. On LULU, fashion cycles and consumer demand are weighed as catalysts or headwinds. For NKE, prospects hinge on the 2026 strategy under CEO Elliott Hill. The panel asks what a turnaround would look like and where earnings and sentiment could head if execution improves.

Varia US Properties (VARN) faces multi-year losses as revenue declines; TSR cushions the drop

January 5, 2026, 11:36 PM EST. Varia US Properties AG (VARN) has endured a protracted downturn for investors. Over the past three years, the share price has fallen 58% and is down 35% in the last year. The company reported a loss in the last twelve months, while revenue declined about 7.8% per year over three years. With shrinking revenue and losses, the market has pushed the stock lower. The Total Shareholder Return (TSR) – which includes reinvested dividends – has fallen about 51% over three years, softening the pain versus the price drop. In the year to date, the broader market rose roughly 17%, while VARN declined about 32%. Five-year TSR shows a negative trend, roughly a 6% annualized loss.

Alexanderwerk's ROCE growth seen as durable as capital efficiency improves

January 5, 2026, 11:34 PM EST. Alexanderwerk (FRA:ALXA) posted ROCE at 17% for the trailing twelve months to June 2025, calculated as EBIT divided by capital employed (total assets minus current liabilities). The €4.7 million of EBIT on €28 million of capital yields the 17% figure, well above the machinery sector's industry average of 9.0%. Over five years, ROCE has risen while capital employed grew about 53%, signaling higher returns as investment scales. The stock has advanced roughly 86% over that period, underscoring investor interest in improving capital efficiency. The analysis notes that analysts' forward forecasts exist in independent reports. It also flags potential warning signs and urges more due diligence. In plain terms, ROCE measures pre-tax income per euro of capital; rising ROCE with expanding capital suggests scalable profitability.

Sensex, Nifty 50 rise as GIFT Nifty signals positive start; RBI data shows SFB hiring lead

January 5, 2026, 11:23 PM EST.GIFT Nifty signals a positive start as Asian stocks trade higher and risk appetite improves. Early trading shows gains in Indian equity benchmarks, including Sensex and Nifty 50 components, aided by firmer global mood. Separately, RBI data show Small Finance Banks led banking sector hiring in FY25, with net additions of 26,736, while private sector banks trimmed payroll by 7,257 after three years of heavy recruitment. The divergence underscores different pace in materializing growth and balance-sheet adjustments across lenders, as markets weigh loan growth, inflation, and policy signals.

Oracle valuation questions persist after pullback; DCF signals overvaluation

January 5, 2026, 11:21 PM EST. Oracle's stock trades at $192.59, down 2.3% in the past week and 11.5% in the past month, with 1-year, 3-year and 5-year returns of 20%, 130% and 229.5%, respectively. Investors have focused on Oracle's role in enterprise software and cloud infrastructure as a driver of sentiment. On a six-point valuation checklist, the stock scores 2/6, signaling only partial alignment with typical signals. A two-stage free cash flow to equity model yields an intrinsic value of about $165.47 per share, implying the shares are about 16% above fair value. The analysis uses a DCF approach and notes a P/E around 35.9x versus a software industry average near 31.7x. Investors should consider how near-term pullbacks fit longer-term returns.

Aristocrat Leisure's 3-year TSR outpaces earnings growth as dividends lift returns

January 5, 2026, 11:20 PM EST. Aristocrat Leisure Limited (ASX:ALL) delivered a three-year total shareholder return (TSR) of 82%, driven by dividend payments, even as the stock fell 21% in the latest quarter. EPS grew about 10% per year over the period, in contrast to a roughly 74% rise in the share price, signaling a market re-rate of the stock after growth. The broader market rose about 9.7% last year. Five-year annualized gains were about 13%, suggesting the company's earnings trajectory may still support higher valuations over time. Investors should consider the sustainability of dividends, and monitor insider activity and cash flow trends. A free earnings snapshot and insider-purchasing list are available for further review.

Sensex slides over 350 points as Nifty tests 26,200; tariff, geopolitical tensions weigh Indian equities

January 5, 2026, 11:19 PM EST. Indian share markets opened lower on Tuesday, with the BSE Sensex down more than 350 points at around 85,070 and the Nifty50 hovering just below 26,200. The GIFT Nifty slipped about 30 points to breach 26,400 early trades, signaling a cautious start. In the previous session, benchmarks closed lower after failing to sustain gains as HDFC Bank, Reliance Industries and IT names weighed. The Sensex settled at 85,439.62; the Nifty finished at 26,250.30, down 0.38% and 0.30% respectively. Traders cited renewed geopolitical tensions after the weekend US strike on Venezuela and ongoing tariff concerns as a drag, with Ashika Institutional Equities noting elevated risk. Market watchers also awaited domestic macro data, including Services PMI, due today. President Trump warned India over tariffs, a backdrop for markets.

Excelerate Energy valuation: fair value $34.50 as momentum returns

January 5, 2026, 11:03 PM EST. Excelerate Energy (EE) has drawn attention after gains, with one-week and one-month moves outpacing the market and a modest 1-year decline. The stock closed at $28.99, up 2.3% on the day and 3.5% over seven days, with a 90-day return around 4.7%. Revenue was $1.19 billion; net income $41 million, while the stock trades at a P/E of 22.6x, above a fair value around 19.8x. Analysts' narrative pegs a fair value of $34.50, implying a roughly 16% undervalued gap. The bull case rests on investments in flexible infrastructure and rising LNG demand as countries move away from coal and oil. Risks include LNG demand sensitivity, project execution, and financing conditions for fossil-fuel infrastructure.

Nifty, Sensex set for mixed to positive start on Jan 6, 2026; OI data, key levels eyed

January 5, 2026, 10:51 PM EST.Gift Nifty pointed to a positive start for Tuesday at 26,392, up 76 points (0.28%). Monday's close left the Sensex at 85,439.62, down 322.39, and the Nifty 50 at 26,250.30 on profit-taking amid geopolitical jitters after reports of U.S. action in Venezuela. The Midcap and Smallcap indices posted modest gains. Key levels to watch: Sensex support at 85,000-85,200; resistance 85,800-86,000. For the Nifty, 26,200-26,300 support and 26,300-26,373 resistance. Open Interest (OI) shows bulls and bears contending: 85,500 Call buildup hints at resistance, while 85,000 Put concentration provides a floor. The PCR sits at 0.96, signaling near-balanced momentum, per Mayank Jain and Aakash Shah.

Seadrill valuation under momentum: fair value vs. high P/E

January 5, 2026, 10:49 PM EST. Seadrill's stock, last at $34.95, has drawn fresh attention after momentum in recent sessions. One-month return 9.22%; three-month 9.63%; yet one-year total shareholder return down 7.59% and three-year TSR up 5.56%. The setup blends near-term strength with a mixed longer-term track. A fair value model pegged at $43.50 (discount rate 8.13%) implies the stock is undervalued versus the current price. The market, however, must reconcile a P/E of 64.1x with the US Energy Services peer average near 18.7x. The valuation hinges on margins, earnings power and a modest top-line trajectory, rather than rapid revenue growth. Risk factors include softer utilization and day rates, plus regulatory/legal headwinds that could erode cash flow visibility. Investors should weigh valuation, growth potential, and the premium reflected in future earnings.

Markets extend global rally as AI optimism persists; oil eases; Fed in focus

January 5, 2026, 10:47 PM EST. Global markets extended a rally as AI-linked tech bets supported equities while oil prices eased after developments in Venezuela. Asia's benchmarks rose led by Hong Kong, with Tokyo, Shanghai, and other markets higher as Wall Street posted a record close. Traders await key US data and the Federal Reserve's upcoming meeting, viewing softer manufacturing figures as giving the Fed room to cut rates. Despite geopolitical shocks, investors stay focused on earnings momentum, liquidity and rate expectations, with tech remaining a driving force. In the US, the S&P 500 and Nasdaq rose while the Dow extended gains. Oil was pressured by supply concerns from Venezuela, though infrastructure and political factors cap output.

Toll Brothers valuation mixed: price around $136; analysts see $152 fair value, DCF model at $128

January 5, 2026, 10:33 PM EST.Toll Brothers trades at $136.15, about 10% below the average analyst target of $152.40 and roughly 6% below an estimated intrinsic value. Analysts recently nudged the target up from $149.94 to $152.40 after updating sector assumptions following the Fed cut, with expectations for little change to near-term housing demand. The stock has delivered a 1-year total return of about 10.9% and a 3-year return around 159%, though momentum has cooled versus longer-term trends. By contrast, Simply Wall St's DCF (discounted cash flow) model puts fair value at $128.02, suggesting the shares look overvalued on that approach. Key risks include greater reliance on speculative builds and incentives that could pressure margins if luxury demand eases. The piece weighs how differing inputs yield divergent upside signals.

Silex shares plunge after missing A$900 million funding for LEU program (ASX:SLX)

January 5, 2026, 10:18 PM EST. Shares in Silex Systems (ASX:SLX) fell about 26% after an update on US funding outcomes for its uranium-enrichment technology. The company said its US licensee, Global Laser Enrichment, won an Innovative Technology Award of up to A$28 million, but it was not selected for the substantially larger A$900 million Low Enriched Uranium (LEU) program, a potential near-term catalyst that had driven optimism. The miss triggered a sharp re-set in expectations, though the DOE (Department of Energy)-the agency behind the funding-continues to back the technology and shows ongoing government engagement. The broader backdrop remains US efforts to boost domestic uranium enrichment amid supply-chain vulnerabilities and reliance on Russian-enabled sources. The result underscored how a single funding decision can shift sentiment even as long-term government interest persists.

Nike shares jump 2% after earnings beat; dividend raised, analysts mixed

January 5, 2026, 10:17 PM EST. Nike, Inc. (NKE) shares rose 2% Monday, trading as high as $65.37 and last at $64.5250. Volume reached 23.36 million, above the 22.8 million average. The stock closed the prior session at $63.28. Analysts offered mixed views: KeyCorp and Piper Sandler issued overweight ratings with targets at $90 and $75; Berenberg neutral and BNP Paribas Exane cut targets and assigned underperform/neutral ratings; BTIG reiterated a Buy with a $100 target; MarketBeat shows a Moderate Buy consensus with a $75.84 target. On the fundamentals, Nike posted fiscal-quarter results: EPS $0.53 vs $0.37; revenue $12.43B vs $12.19B; YoY revenue up 0.6%. The company raised its quarterly dividend to $0.41, annualized $1.64, yield 2.5%, payout 96.47%. Insider: Director Timothy D. Cook purchased shares.

IIMF.F:CA AI-Generated Signals: Buy Near 22.38; No Short Plans

January 5, 2026, 10:15 PM EST. On January 5, 2026, AI-generated signals for the Invesco International Developed Dynamic-Multifactor Index ETF (IIMF.F:CA) show a long-entry at 22.38 with a stop at 22.27. The update notes no short plans are offered at this time and invites readers to view the chart for IIMF.F:CA. Ratings by term are Near-Strong, Mid-Weak, Long-Neutral. The report frames the guidance as a cautious, long-term approach rather than active short selling, with the timestamp underscoring data currency. Investors should weigh liquidity, fees and tracking error and treat the AI-derived guidance as one input among others.

ASX penny stocks to watch in January 2026: Brisbane Broncos and OM Holdings among picks

January 5, 2026, 10:02 PM EST. Amid a market drift higher on U.S. indexes and rising Brent crude, ASX penny stocks are drawing attention for affordability and potential when backed by solid fundamentals. Brisbane Broncos Limited trades near a market cap of A$159.8 million, with five-year earnings growth of about 36% annually and no debt; the stock trades at a P/E (price-to-earnings) around 21x, with ROE near 14%. OM Holdings Limited (about A$210.2 million) remains unprofitable but shows balance-sheet resilience: short-term assets exceed liabilities, and debt has fallen to about 44% of capital over five years. Operating cash flow covers obligations, and earnings are forecast to rise roughly 101% annually. The screener flags several other financially healthy contenders to watch in January.

OneMain Holdings Valuation Near Fair Value as Momentum Persists (OMF)

January 5, 2026, 10:01 PM EST.OneMain Holdings (OMF) traded around $69 as momentum builds, with a 3-month gain near 26%. A fair-value estimate sits at about $68.40, suggesting the stock is roughly in line with its intrinsic value (the fundamental worth). On a simple earnings basis, the shares trade at a P/E (price-to-earnings) of about 11.5x vs. a fair multiple of 17.8x and an industry average near 9.5x, implying a modest cushion rather than overvaluation. The analysis incorporates an intrinsic value framework that factors in profit growth and margins; management's commitment to a dividend yield around 7% and rising buybacks may support EPS growth. Key risks include higher credit losses among non-prime borrowers and potential tighter regulation on high-yield lending. The takeaway: the price-to-fair-value gap is slim; earnings and capital returns matter most.

Materials stocks jump as copper hits $13,000; SGH-Steel Dynamics bid for BlueScope; IAG expands RACQI via WAQS

January 5, 2026, 10:00 PM EST.Materials stocks rose more than 1% midday as copper climbed to $13,000 a tonne. SGH and Steel Dynamics submitted a non-binding, conditional indicative offer to acquire BlueScope Steel for AU$30 a share, valuing the company at AU$13.2 billion; SGH would sell BlueScope's North American operations to Steel Dynamics after completion, while keeping Australia and other regions. Financials fell, with insurers down more than 1%; Insurance Australia Group (IAG) integrated RACQI into its reinsurance framework. RACQI's quota-share arrangements were replaced by a WAQS (whole-of-account quota share) structure, raising the consolidated share to 35%. Note: non-binding means the offer isn't legally binding yet; WAQS is a reinsurance method covering a broad portion of policies.

Deere Valuation: Momentum Cools as Undervaluation Debate Grows (DE)

January 5, 2026, 9:46 PM EST. Deere (DE) shares sit near $466.80 as momentum cools, with a 1-day gain of 0.26% and a 30-day decline of 1.75%, while 1-year total return remains 13.2%. Analysts say the stock trades with an intrinsic discount of about 25% and a value score of 3, inviting questions about whether the pullback creates a genuine opening or reflects already priced-in risks. A current fair value estimate around $527 suggests the stock is undervalued versus recent closes; a path supported by adoption of Deere's precision agriculture and automation solutions-such as JDLink Boost and See & Spray-that boost high-margin software and services. Key risks include tariff costs and weaker North American large-ag demand. The stock trades at about 25.1x P/E, in line with peers but below a 34.1x fair ratio.

ASX most active big-cap stocks on Tuesday; DroneShield leads turnover

January 5, 2026, 9:45 PM EST. MT Newswires reports the five most actively traded big-cap stocks on the Australian Securities Exchange on Tuesday. On the ASX (the Australian Securities Exchange), the names and volumes were: DroneShield (ASX:DRO) with 14.1 million shares traded; Liontown Resources (ASX:LTR) with 10.9 million; National Storage REIT (ASX:NSR) with 9.8 million; Pilbara Minerals (ASX:PLS) with 8.2 million; and Resolute Mining (ASX:RSG) with 7.2 million. The ranking reflects intraday turnover rather than price moves; traders focus on liquidity and volume to gauge activity. No commentary on why volumes rose is provided in the brief; market watchers use such lists to identify liquidity leaders and potential momentum.

D-Wave Quantum shares rise 8.4% amid mixed analyst coverage; QBTS

January 5, 2026, 9:31 PM EST. D-Wave Quantum Inc. (QBTS) stock rose 8.4% in mid-day trading, reaching as high as $31.33 after closing at $28.13 on Friday. About 45,833,724 shares changed hands, below the 47,103,141 average. Analyst commentary remains mixed: Weiss Ratings reiterates a sell rating; Mizuho initiated coverage with an outperform rating and a $46 price; Zacks upgraded to hold; Jefferies started with a buy and a $45 target; Benchmark lifted its target to $35 with a buy. MarketBeat shows a Moderate Buy consensus at a $33.67 target. The firm's market cap stands near $10.68 billion, with a negative P/E of -22.60 and a beta of 1.57. Q3 results showed EPS of -$0.05 on revenue of $3.74 million; CFO John M. Markovich sold 200,000 shares on Nov. 20, reducing ownership about 11.88%.

Vertiv Holdings Valuation: Shares Near $175.61; Fair Value Near $196.83 Signals Undervaluation

January 5, 2026, 9:30 PM EST. Vertiv Holdings Co (VRT) closed at $175.61, up 8.39% intraday and 6.03% over the past week after a 30-day drop of 7.09%. The stock boasts a 1-year total shareholder return of 31.16%, with longer-horizon momentum. Analysts' targets imply roughly 12% upside; reflections in the narrative peg fair value near $196.83, leaving an intrinsic discount of about 7.5% and labeling the stock undervalued if growth sticks. The current P/E ratio of 64.9x sits well above the US Electrical industry average of 30.5x and peers. Management targets 25% operating margin by 2029, supported by supply-chain/tariff cost resolution by end-2025 and scale benefits. Key risks: margins may stay pressured and large cloud customers could insource power and cooling functions.

U.S. Antimony (UAMY) valuation hinges on DoD/DLA contracts and capacity expansion

January 5, 2026, 9:29 PM EST. United States Antimony (UAMY) has resurfaced on investors' radar after becoming a fully integrated, domestic antimony producer with expanding mining and smelter footprint and potential long-term government contracts. The latest 1-day gain of 18.1% follows a 231.3%1-year return, though a 31.8%90-day pullback reminds investors that volatility persists as leadership changes play out. Valuation remains split: current close around US$5.93 versus a narrative fair value near US$9.67, implying potential upside if aggressive growth, richer margins and capacity expansion materialize. DoD and DLA discussions on critical mineral offtake could unlock recurring, premium revenue and bolster margins, reflecting policy shifts toward supply-chain security and China de-risking. Risks: permitting delays, ore quality issues, and execution risk given a 26x P/S versus peers.

Top 10 stocks to buy to start the new year

January 5, 2026, 9:28 PM EST. Investors looking to diversify and deploy cash at the start of the new year may consider a slate of 10 stocks touted for valuation, a recovery story, earnings momentum, or leadership in growth markets. The list spans AI, quantum computing and cloud software, with the thesis that gains can materialize over time. Highlights include Palantir Technologies (PLTR), which leverages AI-driven software to expand government and commercial revenue; IonQ (IONQ), a quantum-play using trapped ions; Nvidia (NVDA), a core driver of AI infrastructure and data-center demand; and Microsoft (MSFT), with exposure to AI and quantum computing. The piece frames diversification as a potential path to long-term returns as the year unfolds, favoring meaningful exposure over speculative bets.

Kamigumi (TSE:9364) stock uptrend under review as ROE, earnings growth weigh

January 5, 2026, 9:15 PM EST. Kamigumi Co., Ltd. (TSE:9364) has risen about 12% over three months as investors weigh fundamentals. The ROE is 7.3% (JP¥29 billion net profit vs. JP¥395 billion equity in the trailing twelve months to September 2025), meaning about ¥0.07 profit per ¥1 of shareholder capital. While not high, the ROE is near the industry average of 6.7%. The company posted 5-year net income growth of 9.5%, roughly in line with the industry's 9.4% pace. A three-year median payout ratio of 43% implies moderate profit retention, which could support future earnings. The article suggests other factors, such as management efficiency and reinvestment, may be influencing growth. Investors should assess whether current valuations reflect expected earnings expansion.

Reliance Industries' P/E near market median; analysts flag tempered earnings outlook

January 5, 2026, 9:14 PM EST. Reliance Industries' P/E ratio stands around 25.7x, near India's median, but the piece cautions on valuation risk. The company has posted earnings per share (EPS) growth of about 30% over three years and 22% last year, yet analysts see only about 7.1% annual earnings growth over the next three years, versus roughly 20% market growth. The market's willingness to pay a P/E close to the broader market implies that some investors may be pricing in exposure rather than superior advance. The summary warns that if earnings fail to meet forecasts, the P/E could re-rate lower. In short, while the stock has delivered recent gains, the balance of risks suggests caution; do not rely on P/E alone to gauge value.

Aditya Birla Real Estate (NSE:ABREL) rises 3.2% this week; five-year gains reach 303%

January 5, 2026, 9:13 PM EST. Aditya Birla Real Estate (NSE:ABREL) rose 3.2% this week, taking five-year gains to about 303%. The advance is explained largely by dividends, as total shareholder return (TSR) over five years reached 303% and the dividend payments drive the divergence from the weaker price performance. Earnings per share fell about 13% annually during the period, even as revenue declined about 4.6% per year. The trailing dividend yield sits around 0.1%, not a major pillar of the move. Year to date, the stock is down about 24% including dividends, while the broader market rose roughly 4.2%. Investors should weigh the improving TSR against earnings and revenue trends, as longer-run holders would have earned roughly 32% annualized over five years on the position.

Marcus & Millichap Valuation: Fair Value Near $30 as Shares Hover Around $27

January 5, 2026, 9:09 PM EST. Marcus & Millichap (MMI) trades around $26.99 after a 6.7% 30-day decline and a 1-year total return of about -26.6%. The fair value narrative targets roughly $30 per share, suggesting the stock is undervalued on a price basis. On a revenue basis, the stock's P/S ratio sits at 1.4x, above the implied fair multiple of 0.9x and peers at about 0.4x, raising questions about value per dollar of revenue. Analysts' consensus target of $30 underpins the potential gap between current price and expected earnings growth, but upside depends on improving transaction-driven revenue and addressing margin and talent-retention risks. Readers should weigh growth prospects against these risks before acting.

Lululemon Valuation Question: Narrative Implies Undervalued, DCF Signals Overvaluation

January 5, 2026, 9:08 PM EST. Lululemon athletica (LULU) has posted mixed returns, with a 1-day gain but a 46.67% 1-year total return decline; 30-day and 90-day gains accentuate a momentum shift. The analysis shows two divergent value signals. A narrative fair value of $334.88 implies the stock is undervalued relative to a $210.81 close. By contrast, a DCF fair value of $191.18 suggests the shares trade above intrinsic value. The split hinges on assumptions about future revenue growth and margins. If growth accelerates, the upside could justify the higher narrative value; if it slows or margins compress, the price may be fair or overvalued. Investors should weigh which scenario aligns with their view of demand, profitability, and risk around premium athleisure.

Prediction-market bet nets $436,000 on Maduro ouster ahead of official announcement

January 5, 2026, 9:06 PM EST. Two hours before President Donald Trump announced Venezuela's Nicolás Maduro had been seized, a bettor on the crypto-powered platform Polymarket earned about $436,000 from a $32,537 wager on Maduro's ouster. The anonymous account, identified only by a blockchain address, placed four positions on Maduro's exit. Odds on Maduro's removal rose from about 6.5% on Friday afternoon to 11% late Friday and surged in the early hours of Saturday, suggesting a rapid shift in bets before the announcement. Polymarket did not comment. Critics, including Better Markets chief executive Dennis Kelleher, called the payout a potential example of inside information being used in prediction markets. Lawmakers, such as Rep. Ritchie Torres, have introduced bills to bar government employees from trading on such markets if they have material nonpublic information. Kalshi and Polymarket say they prohibit insider trading.

Fat Cat Day 2026: FTSE 100 CEO pay tops UK median wage; push for Fat Cat Tax grows

January 5, 2026, 9:05 PM EST. New analysis by the High Pay Centre shows the FTSE 100 CEO pay excluding pension at £4.4 million, roughly 113 times the median UK worker's salary of £39,039. The figure is up 4.22% from last year and would reach the midday threshold on Tuesday 6 January. The pay ratio (the ratio of CEO pay to median worker pay) remains 113 to 1. By contrast, it would take: 4 days for Magic Circle partners; 10 days for material risk takers at FTSE 100 banks; 12 days for Big Four partners; 54 days for the top 1%; and 2 hours for Melrose CEO Peter Dilnot to earn the median wage. At 62.5 hours per week, the rate implies about £1,353 per hour. Policy moves include the Employment Rights Act and a proposed Fat Cat Tax surcharge on profits for large pay gaps.

IBM valuation near fair value as momentum cools; mixed DCF signals

January 5, 2026, 9:02 PM EST. IBM shares hovered near US$291.50 after a month of softer returns, even as annual revenue and net income showed strength. The near-term fair value is seen around US$293.89 in one narrative, keeping the gap small but meaningful for investors weighing upside against execution risk. In contrast, Simply Wall St's DCF model puts a fair value of US$279.53, suggesting the stock may be overvalued if growth or margins falter. Analysts assume revenue growth of about 5.1% annually over the next three years, with the z17 mainframe expected to boost AI-enabled infrastructure demand and possibly lift margins. Risks include slower consumption-based software services or weaker consulting demand if clients delay projects. The stories diverge on valuation, underscoring the balance between momentum and fundamentals.

Chevron Among Stocks to Watch If Venezuela's Oil Industry Recovers

January 5, 2026, 8:57 PM EST. Investors are eyeing the energy sector as crude prices rise on expectations around Venezuela, which holds the world's largest oil reserves. The report notes Chevron is the only major U.S. oil company with authorized operations in Venezuela, and could benefit from U.S. licenses to export heavy crude if Washington supports a revival of the PDVSA-backed industry. A stronger Venezuela could boost Chevron's margins via heavier crude supply to U.S. refineries and support a potential earnings path as Q4 2025 results approach. The piece flags Halliburton and Valero as beneficiaries: Halliburton's hydraulic fracturing tech and Valero's refining network could see added demand if shipments resume. Zacks Rank #3 (Hold) for Chevron; Valero and Halliburton also rated Hold.

Corn futures rise after holiday as export data supports rally

January 5, 2026, 8:53 PM EST.Corn futures rose Monday as front-month contracts added about 6-7 cents. Nearby cash corn traded near $4.06 3/4. The USDA tallied export shipments of 1.207 MMT (47.5 mbu) for the week to Jan. 1, down 9.6% WoW but up 37.6% YoY. Top destinations were Japan, Mexico and Guatemala. Marketing-year exports for 2025/26 rose to 26.81 MMT since Sept. 1, about 64.8% above last year. Another 119,195 MT of sorghum were sent to China. In Commitments of Traders, managed money flipped to a net short of 23,584 contracts as of Dec. 30. Mar corn settled at $4.44 1/2; May at $4.52; Jul at $4.58 1/4.

Soybeans rally after holiday thin trading; futures rise

January 5, 2026, 8:50 PM EST.Soybeans rallied as markets reopened after the holidays, with futures up 15-18 cents. January deliveries rose by 401; nearby cash bean price up 17 1/4 cents to $9.87 1/4. Soymeal futures gained to $4.10 and soy oil added 56-60 points. Export inspections showed shipments of 980,518 MT (metric tons) for the week ended New Year's Day, up 24.3% week-over-week but down 26.7% from a year ago, led by China. Marketing-year shipments total 16.4 MMT (million metric tons), down 45.3% year over year. Export sales for the week to Dec 25 reached 1.178 MMT, with 66,391 MT for 2026/27. CFTC (Commodity Futures Trading Commission) data show speculators trimming net longs by 25,841 contracts to 84,562; StoneX pegs 2025/26 Brazilian soy at 177.6 MMT. Prices: Jan cash 9.87 1/4, Mar 10.62, May 10.74 1/4, Jan 26 close 10.47 1/4.

Cotton futures advance as demand data and crude rebound support rally

January 5, 2026, 8:49 PM EST.Cotton futures posted gains of 55 to 64 points in the nearbys on Monday, breaking out of a holiday-slowed week. Crude oil futures rose $1.08 to $58.34 a barrel, while the U.S. dollar index eased to 98.045. USDA Export Sales showed 133,996 running bales sold for the week ended 12/25; shipments were 140,723 bales. Commitments of Traders data showed managed money trimming its net short in cotton futures and options by 1,368 contracts to 49,078. The Seam online auction sold 4,796 bales at 57.81 cents per pound; Cotlook A Index steady at 74.30 cents. ICE certified stocks were 11,510 bales; the Adjusted World Price rose to 50.76 cents. Closing levels: Mar 26 64.65, May 26 65.99, Jul 26 67.31.

Wheat futures rise across CBOT, KC and MPLS as export data guide trade

January 5, 2026, 8:48 PM EST. Wheat futures closed higher across the CBOT, KC and MPLS on Monday, with SRW and HRW firm and MPLS spring wheat a touch higher. Front-month CBOT and KCBT quotes advanced about 5-6 cents. Export inspections for the week of 1/1 totaled 183,305 MT (6.74 mbu), down 42.5% WoW and 55.6% YoY. Destinations: Philippines 74,996 MT; Mexico 70,722 MT; Japan 33,571 MT. Marketing-year total 15.263 MMT (560.8 mbu), up 19.64% vs last year. USDA Export Sales for the Christmas week totaled 95,385 MT, below ideas of 100k-500k MT; a marketing-year low, down 32.15% YoY. CFTC: managed-money net short in CBT wheat futures and options at 94,626 contracts; KC funds net short 18,319, down 6,430.

Cattle futures rise on Monday as cash and boxed beef advance

January 5, 2026, 8:47 PM EST.Live cattle futures posted gains Monday, from a tick to $1.475, as cash trade last week ran around $186 in the South and $187 in the North; boxed beef cutouts rose. Monday was the first notice day (delivery notice for October contracts) for Oct live cattle. Feeder cattle futures were mixed, nearbys down to 77 cents and other contracts up to $2.55. The CME Feeder Cattle Index rose 70 cents to $247.48 on Oct. 4. The OKC feeder cattle auction is estimated at 4,700 head this week, down from last week. Heavyweights over 700 lbs were steady to $2 higher; lighter weights up $7-11. USDA boxed beef prices were higher: Choice up $3.35 to $305.93, Select up $1.72 to $289.33, widening the Chc/Select spread to $16.60. Slaughter at 110,000 head, below last week and last year.

Hogs rally as futures rise; base price eases, cutout falls

January 5, 2026, 8:46 PM EST. Lean hog futures closed higher on Monday, with nearby contracts up about $1.25 to $1.725 per cwt. The national base hog price eased 28 cents to $82.72, while the CME Lean Hog Index stood at $90.09 on Aug. 15, down 11 cents from the prior day. USDA's FOB plant pork cutout value fell $1.58 to $97.09 per cwt, with the ham, belly and loin primals lower. USDA estimated Monday's FI hog slaughter at 483,000 head, unchanged versus last week and 13,062 more than the year-ago Monday. Futures for the core contracts rose: Oct 24 at $76.800, Dec 24 at $68.750, and Feb 25 at $72.225, all up from the prior session.

HPQ stock falls as market uptick; investors eye HP quarterly results

January 5, 2026, 8:42 PM EST. HPQ closed at $24.83, down 2.32% after the session, as broad markets posted mixed results: the S&P 500 rose 0.14%, the Dow gained 0.20% and the Nasdaq added 0.27%. The shares had advanced about 6.63% earlier, outpacing the Computer and Technology sector (+5.36%) and the S&P 500 (+3.97%). Investors are watching HP's upcoming earnings report, with consensus calling for EPS of $0.74, down 10.84% from a year earlier, and revenue of $13.69 billion, up 1.26%. For the full year, the Zacks Consensus sees EPS of $3.09 and revenue of $54.5 billion, with changes of -8.58% and +1.75%, respectively. HP carries a Zacks Rank of #3 (Hold). The stock's Forward P/E is 8.24, below the industry average of 11.92, and its PEG ratio is 2.06. The Computer – Micro Computers group sits at a Zacks Industry Rank of 92.

Lyft stock falls as market rallies ahead of earnings; EPS, revenue seen higher

January 5, 2026, 8:41 PM EST. Lyft (LYFT) closed at $13.41, down 1.4% on the session, lagging a S&P 500 gain of 1%, while the Dow rose 0.78% and the Nasdaq gained 1.51%. Shares had risen 0.15% in the past month as the Computer and Technology sector fell 4.13% and the S&P 500 slipped 2.14%. Analysts expect LYFT to report EPS (earnings per share) of $0.23 for the next quarter, up about 21.05% year over year, with revenue of $1.55 billion, up 26.54%. The market will weigh any estimates revisions; Lyft holds a Zacks Rank (rating system) of #3 (Hold). Valuation shows a Forward P/E (forward price-to-earnings) around 12.92, vs industry 22.2; the PEG (price/earnings growth) ratio stands at 0.29 compared with 1.53 for Internet – Services.

Sunrun stock sinks as market gains ahead of earnings; Zacks Rank #1

January 5, 2026, 8:39 PM EST. Sunrun closed at $17.29, down 2.76% after a session that lagged the S&P 500's 0.41% gain. The Dow rose 0.18% and the Nasdaq added 0.31%. Earlier, Sunrun had risen 11.33% as Oils-Energy outpaced the broader market. Ahead of its next earnings report, estimates call for EPS of $0.03 for the quarter, up about 108% year over year, with revenue of $606.24 million, about 12.9% higher. For the full year, the consensus pegs EPS at $0.71 and revenue $2.27 billion, with shifts of -46.62% and +11.2%, respectively. Analysts have been adjusting estimates-a dynamic often mirrored by price moves-and Sunrun currently carries a Zacks Rank of #1 (Strong Buy). The stock trades at a Forward P/E of 25.05, above the industry forward multiple of 17.09; the Zacks Industry Rank sits at 47, in the top 20% of groups.

Steel Dynamics stock falls despite market gains; earnings outlook and Zacks Rank highlighted

January 5, 2026, 8:37 PM EST. Steel Dynamics (STLD) closed at $111.01, down 1.62% as the market rose modestly; the S&P 500 gained 0.13%, while the Dow rose 0.55% and the Nasdaq fell 0.52%. Over the past month, shares dropped 3.31%, underperforming the Basic Materials sector (+2.11%) and the S&P 500 (+3.67%). Ahead of its upcoming earnings, analysts expect EPS of $2.27, a 34.6% year-over-year decline, and revenue of $4.32 billion, down 5.9%. For the full year, the Zacks Consensus sees $10.73 per share and $17.78 billion in revenue, down 28.2% and 5.39%, respectively. Recent revisions imply a 2.9% pullback in the consensus over 30 days. Steel Dynamics holds a Zacks Rank #3 (Hold). The stock's Forward P/E is 10.52, in line with the industry; the Steel – Producers group ranks 153rd of 250+ industries.

MPLX stock slips as market gains; earnings outlook ahead

January 5, 2026, 8:35 PM EST. MPLX LP closed at $44.09, down 0.52% on the day, underperforming the S&P 500 which rose 0.77% as the Dow gained 0.47% and the Nasdaq climbed 0.87%. Over the past month, MPLX shares have risen about 1.23%, while the Oils-Energy group has slipped 1.87% and the S&P 500 advanced 4.87%. Investors will focus on MPLX's upcoming Nov. 5, 2024 earnings report, with consensus calling for EPS (earnings per share) of $1.06, up 19.1% year over year, and revenue of $3.06 billion, up 5.1%. Full-year Zacks consensus: EPS of $4.29 and revenue of $11.95 billion, implying year-over-year gains of about 12.9% and 5.9%. Zacks Rank currently assigns MPLX #2 Buy, with revisions to estimates used to gauge near-term stock moves.

Snap (SNAP) edges higher as investors await Oct. 29 earnings; Zacks Rank signals caution

January 5, 2026, 8:33 PM EST. Snap (SNAP) closed at $10.27, up 1.18%, outpacing the S&P 500's 0.22% gain as the Nasdaq rose 0.76% and the Dow fell 0.33%. Over the past month, SNAP has slipped about 4.15%, lagging the Computer and Technology sector and the broader market. SNAP reports on October 29, 2024, with consensus for EPS of $0.05 and about $1.35 billion in revenue, both showing growth. Full-year estimates from Zacks peg EPS at $0.21 and revenue at $5.34 billion; the Zacks Rank, a proprietary stock-rating system, assigns SNAP a #4 (Sell). The stock trades at a forward P/E around 47.8, versus an industry average near 31.8, signaling a premium multiple.

Western Union (WU) edges higher ahead of July 30 earnings

January 5, 2026, 8:31 PM EST. Western Union closed at $12.61, up 1.2%, as the S&P 500 rose 1.08% and the Nasdaq gained 1.58%. Over the past month, WU has advanced 0.97%, outperforming a sector that posted a 3.28% loss and the S&P 500's 0.43% gain. Investors await the July 30, 2024 earnings; consensus EPS of $0.44, down 13.73% YoY; revenue $1.06 billion, down 9.37%. For the year, the consensus sees EPS $1.76 and revenue $4.17 billion, up 1.15% and down 4.21%. The outlook features modest estimate revisions; Zacks Rank is #3 Hold. Valuation shows a Forward P/E of 7.08 versus industry 15.81; PEG ratio 1.81 vs industry 1.03. The Financial-Transaction Services industry sits in the bottom 32% of 250+ groups.

Rocket Lab outpaces market as RKLB climbs ahead of results

January 5, 2026, 8:28 PM EST. Rocket Lab Corporation (RKLB) closed up 2.83% at $78.14. The gain came as the S&P 500 rose 0.64%, the Dow advanced 1.23% and the Nasdaq gained 0.69%. Over the past month, RKLB has surged about 54.91%, outpacing the Aerospace sector's 10.26% advance and the S&P 500's 0.55% rise. Investors await the company's upcoming results; analysts expect earnings of -$0.05 per share, implying year-over-year growth near 50%. Revenue is seen at $178.38 million, up roughly 34.74% from a year ago. For the full year, consensus calls for earnings of -$0.20 per share and revenue of $600.52 million, changes of +47.37% and flat, respectively. Zacks Rank remains #3 (Hold); the Aerospace – Defense Equipment industry ranks 106th among 250+ groups, reflecting mixed near-term outlook.

Sunoco LP (SUN) Gains Ahead of Earnings; Zacks Rates Strong Buy

January 5, 2026, 8:26 PM EST. Sunoco LP (SUN) closed the session at $53.44, up 1.35%, handily beating the S&P 500's 0.64% gain. The shares still retraced 3.12% over the last month, underperforming the Oils-Energy group, which climbed about 1.8%, and the broader market. Ahead of an earnings release, traders will weigh an expected EPS of $1.67, a roughly 123% year-over-year increase, with revenue seen at about $9.65 billion, up about 83% from a year earlier. For the full-year, Zacks consensus points to 0 cents per share on $25.98 billion in revenue, flat year over year. Analysts have been revising estimates higher recently, a dynamic tracked by the Zacks Rank, which currently assigns SUN a Strong Buy. The stock trades at a Forward P/E of 7.16 versus the Oils-Energy sector average of 16.47.

Prediction: S&P 500 $1 Trillion Club Could Double by 2030

January 5, 2026, 8:23 PM EST. Several firms sit above the $1 trillion benchmark in market capitalization, including Apple, Nvidia, Alphabet, Microsoft, Amazon, Meta Platforms, Broadcom, Tesla and Berkshire Hathaway, though some are not in the S&P 500. The article notes the index's concentration, with about 20 companies accounting for half its weight, and argues the count of trillion-dollar members could rise to about 18 by 2030 as more names from finance, energy and tech join the club. Potential entrants highlighted include Eli Lilly, Walmart and JPMorgan Chase, with Visa, ExxonMobil, Oracle and Netflix also cited as having a path to $1 trillion. The piece discusses implications for portfolios and market concentration, signaling that earnings growth and multiple expansion could push valuations higher even as gains are uneven.

Tuesday's stock stories set to move markets: REITs under pressure, big names in focus

January 5, 2026, 8:22 PM EST. The day's notes show the REITs sector remains the weakest of 11 groups, down about 0.5% over the past year. Office REITs are mixed: SL Green up about 11% in a month; CBRE +2.2%; Brandywine, Vornado and BXP down, with Brandywine off ~50% in 12 months. In private equity, Blue Owl (-34% Y/Y), KKR (-11.5%), Apollo (-11%), and Ares (-5%) mostly lag; Monday's trade saw gains for Ares, Blue Owl, Apollo, and KKR. In financials, Capital One and JPMorgan rose after a Mad Money feature; both sit up roughly 38% in the past year and ~3.5% since Friday. The group is +2.4% over two days; Coinbase, Interactive Brokers about +12%; Robinhood +9%; Goldman Sachs +8%. Nvidia's Jensen Huang spoke at CES; markets look to tomorrow's session.

Eleganz Interiors (NSE:ELGNZ) stock down 32% as ROE trails industry average

January 5, 2026, 8:18 PM EST. Eleganz Interiors' stock has tumbled about 32% over three months, but its latest figures show a respectable, if modest, return on equity. The ROE for the trailing twelve months to September 2025 is 8.7% (₹135m net profit ÷ ₹1.5b shareholders' equity). For every ₹1 of equity, the company earned about ₹0.09. The ROE trails the industry average of around 11%. Despite that, the company posted 5-year earnings growth of about 44%, with growth outpacing the industry average of 29%. The divergence suggests other factors-such as a low payout ratio or efficient capital deployment-may be at play. Investors should consider whether the expected earnings growth is already reflected in the share price and how the firm's retained earnings influence future growth. Overall, the stock's decline contrasts with the growth signal from earnings, warranting careful valuation assessment.

Aartech Solonics stock rises 13% weekly; ROE at 8.8% amid earnings growth

January 5, 2026, 8:16 PM EST. Stock in Aartech Solonics (NSE:AARTECH) rose about 13% in the past week, prompting a fundamentals check. The trailing twelve months ROE sits at 8.8% (₹30m net profit on ₹338m equity to September 2025), below the industry average of 13%, suggesting limited efficiency gains from equity. Yet the company posted 33% net income growth over five years, implying other factors at work such as a low payout ratio or efficient management. Investors must decide whether this earnings growth trajectory is already priced in. If growth proves sustainable, the stock could re-rate; if not, the multiple may compress. Three valuation gauges can help compare Aartech with peers, but a clear conclusion depends on future earnings visibility and payout policy.

Australian shares steady as CPI data in focus, RBA outlook intact

January 5, 2026, 8:14 PM EST. Australian stocks held near flat as investors brace for the November CPI (consumer price index) release due Wednesday. The ASX 200 slipped 0.03%, with miners lending some support while rate-sensitive sectors wavered. Traders expect the November CPI to ease to about 3.7% year on year, though core inflation is likely to stay elevated, keeping a hawkish bias at the RBA. Markets price roughly a 39% chance of a February rate hike. Financials fell about 0.6%, led by Commonwealth Bank of Australia down around 0.7%, with the other major lenders also weaker. By contrast, mining shares benefited from resilient commodity prices and a softer US dollar. The mood remained cautious ahead of the CPI print, which could reset expectations for policy, bonds, and the Australian dollar.

NRG Energy stock slips as market gains; upcoming earnings eyed

January 5, 2026, 8:13 PM EST. NRG Energy closed at $104.66, down 0.49% as the market turned mixed: the S&P 500 rose 0.03%, the Dow gained 0.28%, and the Nasdaq fell 0.36%. Over the past month the stock rose about 8.21%, topping the Utilities sector's 4.55% and the S&P 500's 4.19%. The company will report earnings on February 26, 2025; consensus EPS of $1.05 would be down 7.89% year over year. Zacks lists NRG Energy as a Zacks Rank #4 (Sell), with estimates down 0.4% in the past month. The stock trades at a Forward P/E of 14.02 vs. 17.19 for the industry, and a PEG of 1.24 vs. an industry average of 2.54. The Utilities – Electric Power group ranks in the bottom half of the Zacks Industry Rank.

Organon (OGN) trades near $15.88 ahead of earnings; low forward P/E and mixed revisions

January 5, 2026, 8:12 PM EST. Organon (OGN) traded at $15.88, up 0.89% for the session, nudging ahead of the S&P 500's 0.88% rise; the Dow gained 1.24% and the Nasdaq 0.65%. In the last month, OGN is up 7.07%, outperforming a Medical sector decline of 0.32% and the S&P 500's 1.17% rise. Ahead of its earnings release, the company is seen with an EPS of $0.87, down 1.14% year over year, and revenue of $1.57 billion, down 1.87% YoY. Zacks Rank remains #4 (Sell) after a 0.97% downward revision to the EPS estimate in the past month. Forward P/E is 3.87 vs. 17.19 for the industry; PEG 0.81 vs. 1.49. The numbers reflect near-term expectations; rely on Zacks for ongoing revisions.

ConocoPhillips shares extend gains ahead of Feb. 5 earnings

January 5, 2026, 8:11 PM EST. COP closed at $99.20, up 2.59% versus the S&P 500's 0.64% gain. The Dow rose 1.23% and the Nasdaq 0.69%. Over the past month, COP has gained 3.21%, outpacing Oils-Energy (1.8%) and the S&P 500 (0.55%). Investors await the February 5, 2026 earnings release; consensus calls for EPS (earnings per share) of $1.23, down 37.9% year over year, and revenue of $14.23 billion, down 3.4%. For the full year, the Zacks (research firm) consensus projects EPS of $6.39 and revenue of $61.29 billion, declines of about 18% and flat, respectively. COP's Forward P/E (price-to-earnings) is 17.86, above the industry 16.7; PEG (price/earnings-to-growth) is 2.58. The stock carries a Zacks Rank (a stock-rating system) of #3 (Hold), in an industry ranked 96 by Zacks.

NetApp NTAP Stock Edges Lower as Market Climbs; Earnings in Focus

January 5, 2026, 8:10 PM EST. NetApp (NTAP) closed at $105.07, down 1.31% as the market rose. The S&P 500 rose 0.64%, the Dow 1.23%, and the Nasdaq 0.69%. The shares are down 9.21% in the last month, lagging the sector's 0.21% loss and the S&P's 0.55% gain. Ahead of the earnings, NTAP is projected to post EPS (earnings per share) of $2.07, up 8.38% year over year (YoY), with revenue of $1.69B, up 3.28%. For the full year, Zacks Consensus sees EPS of $7.88 and revenue of $6.76B, rising 8.69% and 2.82%, respectively. The stock trades at a Forward P/E (price-earnings based on next-year estimates) of 13.51 vs 16.26 industry, and a PEG ratio (price/earnings to growth) of 1.89. Zacks assigns a Rank of #3 (Hold).

Twilio slips as market strengthens; earnings outlook and Zacks Rank weigh

January 5, 2026, 8:09 PM EST. Twilio closed at $136.24, down 1.53% in the latest session, as the broader market advanced: S&P 500 up 0.64%, Dow up 1.23%, Nasdaq up 0.69%. The stock has risen about 8.67% in the past month, outpacing the Computer and Technology sector's 0.21% loss and the S&P 500's 0.55% gain. Investors await results; Twilio is projected to report EPS of $1.24, up 24% YoY, with revenue of $1.32 billion, up 10.22%. For the full year, Zacks Consensus pegs EPS at $4.81 and revenue at $5.01 billion (+31.06% and 0%, respectively). The stock holds a Zacks Rank #4 (Sell); forward P/E is about 25.49 and PEG 1.28, with the Internet Software industry ranked in the top quartile.

Tyson Foods stock slips as market nudges higher ahead of earnings

January 5, 2026, 8:08 PM EST.Tyson Foods (TSN) closed at $55.72, down 0.41%, as the S&P 500 rose 0.27%, the Dow fell 0.31%, and the Nasdaq gained 0.88%. The stock has fallen about 6.2% in the last month, lagging the Consumer Staples sector's 2.77% loss and the S&P 500's 2.85% advance. Earnings are due, with analysts seeing EPS of $0.60, up roughly 300% year over year, and revenue of $13.17 billion, up 0.2%. For the full year, consensus calls for EPS of $2.58 on revenue of $52.89 billion, up about 92.5% and essentially flat on the revenue line. Zacks rates Tyson at #3 Hold; the near-term tone is reflected in a 0.68% uptick in EPS estimates over the past month. The Forward P/E is 21.71 vs. 19.17 for the industry; the PEG is 0.4, in line with the sector.

SkyWest (SKYW) gains ahead of results as Zacks Rank signals optimism

January 5, 2026, 8:07 PM EST. SkyWest (SKYW) closed at $88.09, up 0.82%, modestly ahead of the S&P 500's 0.38% gain as the Dow dipped 0.03% and Nasdaq climbed 0.87%. The stock has fallen 9.41% in the past month, underperforming the Transportation group's 7.25% loss and the S&P 500's 5.59% drop. Ahead of results, analysts expect EPS of $2.01 for the quarter, up 38.6% year over year, with revenue of $926.38 million, +15.28%. For the full year, the Zacks Consensus projects EPS of $9.01 and revenue of $3.82 billion, roughly +16% and +8%. The stock trades at a forward P/E of 9.7 versus 8.25 for the industry and carries a PEG of 1.11 (industry ~0.64). Zacks Rank remains #1 (Strong Buy).

IDBI Bank Q3 FY26 update; Hindustan Laboratories IPO; Indian markets end lower

January 5, 2026, 8:06 PM EST. Indian equities closed lower after a session of volatility, led by losses in IT and oil-and-gas names. The BSE Sensex ended down 322 points, and the NSE Nifty slipped 78 points. Nestle, Eicher Motors and Axis Bank topped gainers; Infosys, ONGC and Wipro led losses. Midcap and smallcap indexes closed flat. Sectoral trends were mixed, with realty and metal sectors supported while energy and IT faced selling pressure. IDBI Bank reported a steady Q3 FY26 performance, with total business up 12% YoY to Rs 5,466.3 bn; total deposits rose 9% YoY to Rs 3,078.3 bn and net advances up 15% YoY to Rs 2,38,806 crore, with CASA deposits (Current Account and Savings Account) highlighted. In buzz stocks, PC Jeweller jumped after a strong quarterly update; Cupid slid after a sharp rally last year. Hindustan Laboratories filed for an IPO.

PKG Valuation Under Scrutiny After Price Momentum

January 5, 2026, 8:05 PM EST. Packaging Corporation of America (PKG) trades around $211.12 after a 2.37% one-day rise and a 6.37% gain over the past month. The stock shows short-term momentum, but a 1-year total shareholder return of -4.68% contrasts with 3- and 5-year gains of 73.50% and 68.05%. The recent analysis flags a narrative fair value near $225.40, suggesting the shares are trading at a discount. Analysts point to 2026 as an inflection year, with potential benefits from integration synergies and containerboard pricing that could lift earnings. However, risks include weaker box demand and higher operating costs that could compress margins. The full narrative outlines how revenues, margins and a premium earnings multiple relate to the fair value, and invites readers to test assumptions with a custom view.

Investors weigh Invesco capital moves, private-markets expansion

January 5, 2026, 8:04 PM EST. Shaping its capital narrative, Invesco announced its Q4 2025 results date as January 27, 2026, a US$500 millionpreference share buyback at an 18% premium, and an expanded private-markets partnership with LGT Capital Partners. The moves underscore a focus on capital management and broader access to private markets for U.S. investors, even as fee pressure (the squeeze on fund fees as competition grows) and margin compression persist in active and ETF products. The buyback tightens the balance sheet and could affect reinvestment in digital capabilities and private markets, with the near-term catalyst still defined by margins. Analysts flag longer-term risk from ongoing fee compression. Invesco projects about $4.8 billion in revenue and $1.1 billion in earnings by 2028, and a broad range of fair-value estimates reflecting divergent growth/margin views.

State Street valuation near fair value as shares hover around $129

January 5, 2026, 8:03 PM EST. State Street Corp. (STT) closed near $129.07, showing a 90-day return of 10.42% and a 1-year total shareholder return of 35.05%, signaling momentum. The stock trades near an analyst target of $131.60, while a roughly 14% intrinsic discount to a reported fair value of about $130.14 raises questions on further upside. The fair value estimate was nudged down to $130.14 from $130.36 amid updated cash flow and earnings assumptions. The near-match between price and fair value reflects expectations for revenue growth, margin shaping, and prospective P/E. Key risks include ongoing ETF fee compression and the risk that faster blockchain adoption could erode traditional custody revenue. This analysis is informational and not investment advice.

Emcure Pharmaceuticals stock gains momentum; ROE and earnings outlook under-scrutiny

January 5, 2026, 8:02 PM EST. Emcure Pharmaceuticals' stock jumped about 6.7% over the last month as investors weigh its earnings trajectory. The company posted a trailing twelve months ROE of 17% as of September 2025, from ₹8.2 billion in net profit and ₹49 billion in shareholders' equity; ₹1 of equity yielded ₹0.17 in profit. The ROE is above the Indian industry average of ~12%. Yet, five-year earnings growth sits near 4.8%, suggesting capital may be redirected or the payout ratio is high, which can limit growth. By contrast, industry net income growth over similar horizons ran about 12%. The result: momentum may reflect sentiment more than expanded profits; investors will want to assess upcoming earnings, payout policy, and how efficiently capital is reinvested.

AWL Agri Business (NSE:AWL) Valuation Holds Steady as Growth Outlook Loses Pace

January 5, 2026, 8:01 PM EST. AWL Agri Business Limited (NSE:AWL) trades at a P/E near 28x, modestly above India's median of about 26x. The article notes the multiple may reflect views on possible earnings acceleration, but recent results show earnings growth lagging peers. A 11% bottom-line rise in the last year contrasts with a 51% EPS growth over three years. Six analysts forecast roughly 8.8% earnings growth annually over the next three years, versus a market that could post around 20% per year, suggesting the stock may be priced for stronger growth than the company is expected to deliver. The piece cautions that a higher-than-expected P/E with slower forecast growth risks a price dip. Investors should review the balance sheet and consider whether the stock's premium is justified, beyond headline metrics.

Endurance Technologies stock weak in recent months; ROE remains solid but earnings growth trails peers

January 5, 2026, 8:00 PM EST. Endurance Technologies' stock has fallen about 14% in the past three months. Yet the longer-term fundamentals look solid. Trailing twelve-month ROE is 14% as of September 2025, above the industry average of 10%. That relative strength helps explain a five-year earnings growth of around 14%, though this trails the broader sector's ~24% pace. High ROE can reflect profitable use of capital and earnings retention, factors that support growth but don't guarantee it. The contrast between steady profitability and slower industry growth suggests the stock may be fairly priced or modestly valued given the growth mix and sector dynamics.

Institutional investors hold 43% of NSE:KEC; top four control majority stake

January 5, 2026, 7:59 PM EST. Institutions own 43% of NSE:KEC, highlighting their sway over KEC International. The largest shareholder is Swallow Associates LLP with 25%, followed by about 11% and 8.4% among the next two holders; roughly 51% is controlled by the top four owners. This concentration means the stock can swing on a few large trades and investor sentiment among institutional ownership. No hedge funds own the stock, a note often interpreted as credibility but not a guarantee. Analysts cover the name, and earnings history alongside revenue trends will still shape the outlook. Investors should weigh the institutional ownership profile with fundamentals when assessing risk and potential upside.

Amgen stock declines as market improves ahead of results

January 5, 2026, 7:58 PM EST. Amgen (AMGN) shares closed at $335.61, down 0.52% as the S&P 500 rose 0.28%, with the Dow and Nasdaq up 0.15%. The stock rose 2.61% over the past month, outpacing the Medical sector's 0.38% gain and the S&P 500's 2% advance. Investors will watch upcoming results, with consensus showing EPS (earnings per share) of $5.13, up 3.43% year over year, and revenue of $8.51 billion, up about 23%. For the full year, Zacks estimates call for EPS of $19.49 and revenue of $33.21 billion, up 4.5% and 17.8%, respectively. Zacks Rank currently lists AMGN at #3 (Hold). Valuation shows a Forward P/E of 17.31, a PEG of 3, vs industry averages of 21.81 and 2.29. The Medical – Biomedical and Genetics industry is ranked 79th by Zacks.

Vale S.A. Outpaces Market Ahead of Earnings; VALE at $11.16

January 5, 2026, 7:57 PM EST. Vale S.A. (VALE) closed at $11.16, up 0.18%, slightly ahead of the S&P 500, which rose 0.09%. The Dow added 0.09% and the Nasdaq 0.30%. Over the past month, VALE has fallen 8.16%, lagging the Basic Materials sector (-4.67%) and the S&P 500 (+3.38%). Investors await the upcoming earnings print; estimates call for EPS (earnings per share) of $0.49, a 145% year-over-year gain, with revenue around $9.99 billion, up ~3.3%. For the full year, the consensus projects EPS of $2.17 on revenue of $41.5 billion (+18.6% / -0.7%). The stock trades at a forward P/E (price/earnings) of 5.12 and a PEG (price/earnings growth) of 4.93, in line with industry averages. Zacks ranks VALE #3 Hold.

CRISPR Therapeutics edges higher ahead of earnings; markets mixed

January 5, 2026, 7:56 PM EST. CRISPR Therapeutics AG (CRSP) closed at $45.51, up 1.42%, outperforming the S&P 500's 0.45% gain while the Dow slipped 0.23% and the Nasdaq rose 0.84%. The stock has fallen 4.35% in the past month, underperforming the Medical sector (+3.16%) and the S&P 500 (+2.54%). Investors will watch upcoming results; analysts forecast EPS-earnings per share-for the quarter of -$1.45, down 2.84% year over year. For the full year, consensus estimates call for EPS of -$5.58 and revenue of $64.2 million, representing declines of 187.63% and 82.7%. Zacks Rank currently assigns CRSP a #3 (Hold); the firm notes its Consensus EPS estimate has edged 0.19% higher in the past month. The Zacks Rank ranges from #1 (Strong Buy) to #5 (Strong Sell).

DraftKings (DKNG) ticks higher as investors await earnings; market gains outpaced

January 5, 2026, 7:55 PM EST. DraftKings (DKNG) closed at $37.86, up 1.91%, outpacing the S&P 500. Over the last month the stock fell 4.69%, underperforming the Consumer Discretionary sector as the broader market advanced. Ahead of earnings, DKNG is expected to post a loss per share of -$0.01 for the quarter, a roughly 94% year-over-year improvement. Revenue is seen at $1.12 billion, up about 28% from a year earlier. For the full year, the Zacks Consensus pegs EPS at -$0.26 and revenue at $4.99 billion, about 85% and 36% higher, respectively. The Zacks Rank sits at #3 (Hold); the ranking runs 1-5, with 1 signaling the strongest buy and 5 the strongest sell, and is used to gauge estimate momentum. The Gaming subindustry is in the top quartile of its sector.

Gold Fields (GFI) rises, outpacing market ahead of earnings; valuation shows a cheap forward P/E

January 5, 2026, 7:54 PM EST. Gold Fields closed at $14.38, up 1.41%, as the stock outpaced the S&P 500 (+0.16%) while the Dow rose 0.25% and the Nasdaq fell 0.06%. Over the past month, the shares slid 3.43%, compared with a 9.84% decline for the Basic Materials sector and a 2.70% drop for the S&P 500. Investors will watch the company's upcoming earnings release; Zacks Consensus calls for EPS of $1.86 and revenue of $6.68 billion, signaling large year-over-year gains (+100% EPS; +48.43% revenue). The stock carries a Zacks Rank of #3 (Hold). Valuation stands out: a Forward P/E of 7.75 versus an industry average of 10.44, and a PEG ratio of 0.25 (industry 0.50). The Mining – Gold group is among the lower-ranked industries in the Basic Materials sector.

Devon Energy DVN slides as market gains; earnings outlook ahead

January 5, 2026, 7:53 PM EST. Devon Energy Corp. (DVN) closed at $39.93, down 0.75%. The stock trailed the S&P 500 rally and the Nasdaq gain, while the Dow rose modestly. In the past month, DVN has slid 9.88%, versus the Oils-Energy sector's 4.22% loss and the S&P 500's 2.92% advance. Ahead of the next report, analysts expect EPS of $1.30 and revenue of $3.96 billion, implying a roughly 21% YoY drop on earnings but a 3.3% revenue increase. For the year, the consensus calls for $5.36 per share on $15.88 billion in revenue, with declines in earnings (-6.13%) and slight revenue growth (+4.07%). Estimate revisions have trimmed about 1.5% in the last month. The stock carries a ForwardP/E of 7.51 and a PEG of 1.14, with Zacks Rank #3 (Hold).

Gray Media (GTN) Gains 2.3% as Earnings Outlook Weak; Zacks Rank Hold

January 5, 2026, 7:52 PM EST. Gray Media (GTN) closed at $4.91, up 2.29%, as the S&P 500 rose 0.64%. The Dow gained 1.23% and the Nasdaq 0.69%. Over the last month, GTN has climbed about 4.58% while the Consumer Discretionary sector fell 0.05% and the S&P 500 advanced 0.55%. The company is expected to report EPS (earnings per share) of -$0.05, down 103.14% year over year. For the full year, analysts expect EPS of -$1.40 and revenue of $0 million, changes of -141.67% and 0%, respectively. Zacks Rank currently assigns Gray Media a #3 Hold, explaining that estimate revisions can precede price moves; the rank ranges from #1 (Strong Buy) to #5 (Strong Sell). The Forward P/E ratio is 1.95, versus an industry average of 11.87, with the Broadcast Radio and Television group at 182 of 250.

HCI Group Shares Slip as Earnings Outlook and Valuation Highlight Sector Trends

January 5, 2026, 7:51 PM EST. HCI Group (HCI) closed at $181.46, down 1.32% on the day, underperforming the S&P 500 which rose 0.64% while the Dow gained 1.23% and the Nasdaq 0.69%. Over the past month, the stock has risen 8.06%, outpacing the Finance sector's 2.51% gain and the S&P 500's 0.55%. Analysts are eyeing the upcoming earnings print; consensus calls for EPS of $4.87, up about 1,471% YoY, with revenue seen at $231.61 million, up 43.08%. For the full year, Zacks consensus estimates show EPS $20.29 and revenue $892.05 million. Forward P/E sits at 11.5, above the industry average Forward P/E of 10.6; the Insurance – Property and Casualty group sits in the Finance sector, with an Industry Rank of 47 out of 250+. Zacks Rank is #2 Buy; revisions in estimates tend to reflect optimism and have historically correlated with upside price moves.

Gilead declines as market climbs; earnings await Aug. 8

January 5, 2026, 7:50 PM EST. Gilead Sciences GUILD shares slipped 0.21% to $72.41 as broader markets rose: the S&P 500 up 1.08%, the Dow up 0.32% and the Nasdaq climbed 1.58%. In the past month, the stock has risen about 2.67%, outpacing the Medical sector's 0.31% gain and the S&P 500's 0.43% rise over the period. Investors await the next earnings disclosure, due Aug. 8, 2024, with EPS (earnings per share) seen at $1.58 and revenue projected at $6.65 billion. The Zacks Rank is #3 (Hold) after a 1% drop in consensus EPS estimates in the last month. On valuation, Forward P/E stands at 19.47 versus an industry average 24.36; PEG ratio about 3.1, above the industry 2.27. The Medical – Biomedical and Genetics group remains a mixed backdrop.

DBS at All-Time Highs: Is the Share Price Still a Buy in 2026?

January 5, 2026, 7:47 PM EST. DBS Group Holdings extended its 2025 rally, up about 28% as profits and dividend growth underpin a broader earnings expansion. In 3Q2025, DBS posted total income of S$5.93 billion, up 3% year on year, driven by resilient net interest income (NII) – the revenue from lending and deposits – and gains from non-interest segments. Fee income, treasury activity and market trading also supported turnover. The bank's revenue mix shows a shift away from reliance on rates alone, with wealth management and other fee lines contributing materially. NII remained resilient despite a compressing net interest margin (NIM); Group NIM stood at 1.96% as of 30 September 2025. Deposits rose by S$50 billion YoY, helping funding costs and liquidity. The question for 2026 is whether the rally can sustain amid evolving rate expectations.

Linc Limited: Five-year rally outpaced by earnings growth, TSR signals mixed outlook

January 5, 2026, 7:44 PM EST. Linc Limited (NSE:LINC) saw its share price rise about 169% over five years, but earnings per share grew about 52% per year, outpacing the 22% annual rise in the stock price and signaling growing market pessimism about the business. The last five years' TSR, including dividends, was about 178%. Investors faced a tough year with a 17% total loss (including dividends) versus a market gain around 4.2%. Still, long-term holders have earned about 23% per year over the period. The report flags two warning signs and cautions that Linc may not be the best stock to buy, suggesting a closer look at fundamentals before committing.

Kernex Microsystems (India) stock climbs 32% as revenue growth underpins valuation

January 5, 2026, 7:43 PM EST. Kernex Microsystems (India) Limited (NSE:KERNEX) rose about 32% in the latest month, rebounding from earlier weakness and leaving the stock broadly flat for the year. The shares trade at roughly 10x price-to-sales (P/S), well above the Indian electronics peers at about 2.5x, prompting questions about whether the multiple is justified by growth. The company has posted rapid revenue expansion, with a 156% rise last year and a strong three-year trajectory, ahead of an industry forecast for roughly 30% growth this year. Investors appear to be pricing in continued growth, even as the high P/S invites scrutiny if revenue momentum slows. Analysts say the P/S ratio should be considered alongside revenue and cash flow when judging value.

Private groups own 45% of Jindal Saw; top 4 hold 52% as stock climbs 4.5% last week

January 5, 2026, 7:42 PM EST.Ownership profile shows pronounced control by private companies. With 45% of shares, private groups hold the largest stake, and the top four holders own 52%, giving them meaningful sway over governance and strategy. Nalwa Sons Investments Ltd is the largest single holder at 17%, followed by Green Lamina Investment Ltd at 14% and PRJ Family Management Company Private Ltd at about 12%. The concentration helps explain why private owners were the main beneficiaries of last week's 4.5% stock gain. Analysts note limited public float and modest coverage, underscoring the need for further research to assess future performance.

Goyal Aluminiums' 32% Monthly Gain Masks High P/E and Earnings Pressure

January 5, 2026, 7:41 PM EST.Goyal Aluminiums Limited (NSE:GOYALALUM) has surged 32% in the past month, yet shareholders remain about 9.5% underwater over the last year. The stock trades at about a 62x P/E ratio, well above roughly half of Indian peers at sub-25x. Last year's EPS fell 27%, though three-year results show a 62% rise in cumulative EPS. With the market expected to grow around 25% in the near term, the elevated P/E suggests investors are pricing in a turnaround. The report notes a lack of current analyst forecasts, and cautions that if earnings don't resume growth, the price could face downside risk.

Hi-Tech Gears: 5.7% ROE Highlights Modest Profitability as Shares Rally 14%

January 5, 2026, 7:40 PM EST. Hi-Tech Gears' shares have climbed about 14% over the past month. The stock's trailing ROE of 5.7% (₹286m net income on ₹5.0b equity, LTM to September 2025) points to modest profitability relative to a typical peer industry average around 10%. Despite that, the company posted net income growth of 31% over the last five years, outpacing the broader industry's 24% five-year rise. The analysis notes that higher ROE paired with earnings retention can lift growth, though the current ROE remains muted even as earnings expand. A low payout ratio and efficient management could explain the profitability spread. Investors should consider whether this growth is already priced in and if fundamentals justify further upside.

CoreWeave price vs AI headlines flags potential overvaluation

January 5, 2026, 7:39 PM EST. CoreWeave (CRWV) trades at $79.32, up 5.9% in a week but down 10.2% over 30 days, underscoring a split among investors. The stock recently drew attention as a cloud-infrastructure provider for high-performance AI workloads, a theme fueling both interest and volatility. The firm scores 2 of 6 on a valuation checklist, a factor in ongoing scrutiny. A Discounted Cash Flow model – explained as estimating present value of projected cash flows using a required return – yields an intrinsic value of about $31.95 per share, suggesting the shares are overvalued by roughly 148%. The market also trades on a P/S ratio of 9.18x, meaning price relative to sales, a metric that can support or contest growth expectations. Headlines around AI infrastructure are shaping sentiment but not the price alone.

BigBear.ai Rises After $125 Million Convertible Debt Redemption

January 5, 2026, 7:32 PM EST. BigBear.ai rose about 0.69% to $5.88 after news it will redeem its 6% convertible notes due 2029, cutting debt from roughly $142 million to about $17 million and lowering interest expense. Volume ran about 73-75 million shares, about 38% below the three-month average of 118.6 million. The move followed broader market gains, with the S&P 500 up about 0.65% to 6,903 and the Nasdaq Composite rising 0.69% to 23,396. In IT services, peers Palantir Technologies and C3.ai posted gains. BigBear.ai completed its acquisition of the generative AI platform Ask Sage at year-end, but questions remain on its ability to withstand disruptions to government contracts. The stock has shed about 24% in the past six months.

Bhagyanagar India shares rise 28% in a month; P/E at 19.8x amid strong earnings

January 5, 2026, 7:31 PM EST. Bhagyanagar India Limited (NSE:BHAGYANGR) shares extended recent momentum, up 28% in the last month and 82% over the past year. The stock trades at a P/E ratio of about 19.8x, below many peers, a metric that compares the share price to earnings per share. The company posted robust earnings per share (EPS) growth, with a 158% rise last year and a 3-year ascent of about 275%, outpacing the market's expected ~25% next year. Despite the strong earnings trajectory, the P/E remains below the market median, suggesting investors may doubt sustainability of growth or future earnings visibility. Investors should scrutinize the earnings quality and any potential risks to confirm whether the stock can sustain outperformance.

Indraprastha Gas: five-year stock slump despite rising EPS and revenue; TSR drag from dividends

January 5, 2026, 7:30 PM EST. Indraprastha Gas Ltd (NSE: IGL) has delivered a negative TSR over five years as the stock trades lower than where it started. The shares are down about 32% over the period and down 13% in the last three months. By contrast, EPS rose about 9.7% annually and revenue grew roughly 22%, underscoring a disconnect between earnings momentum and the share price. The five-year total shareholder return (TSR) stands around -25%, with much of the gap explained by dividends and capital structure effects rather than price alone. Analysts continue to monitor consensus forecasts for future growth, though valuation remains a question for patient investors. The report highlights how different measures of return – price, TSR, and dividends – can diverge.

CAT climbs as investors eye Caterpillar earnings, valuation in focus

January 5, 2026, 7:25 PM EST. Caterpillar (CAT) closed at $616.10, +2.96% for the session, outpacing the S&P 500's +0.64%. Investors await earnings; EPS (earnings per share) is seen at $4.52, down ~12.1% year over year, while revenue is forecast at $17.84 billion, up ~10%. For the full year, EPS is $18.49 and revenue $66.29 billion, with lower earnings and flat revenue. The stock trades on a Forward P/E of 27.21, above the industry's 12.79, and a PEG of 2.36 (industry 3.46). Zacks Rank #2 (Buy), and a bottom-quartile Industry Rank (184 of 250+). Revisions to estimates often align with near-term price momentum.

Meta Platforms (META) eyes earnings as shares edge higher ahead of report

January 5, 2026, 7:23 PM EST. Meta Platforms closed at $732.78, up 1.68%, trailing the tech-heavy Nasdaq's 0.95% gain while the S&P 500 rose 0.61%. Over the past month, the stock has risen about 2.6% as the Computer and Technology sector advances. Investors are awaiting the next earnings release on July 30, 2025; analysts expect EPS of $5.74, up about 11% year over year, with revenue seen at $44.5 billion, up roughly 14%. For the full year, estimates point to EPS of $25.35 and revenue of $186.34 billion. Meta holds a Forward P/E around 28.4, slightly below the industry average. The company's PEG ratio sits near 1.77, with the sector's industry rank in the top quartile. Analysts have trimmed or raised estimates recently, a reminder that near-term revisions can foreshadow price moves.

Powell Industries (POWL) gains as earnings outlook draws attention

January 5, 2026, 7:21 PM EST. Powell Industries (POWL) closed at $145.65, up 0.48%, modestly ahead of the S&P 500 which rose 0.1%. The Dow slipped 0.08% while the Nasdaq climbed 0.28%. Over the past month, POWL has fallen 8.85%, underperforming the Industrial Products sector (-2.85%) and the S&P 500's 4.08% gain. Investors will watch the upcoming earnings disclosure, with a consensus EPS of $2.12, up about 39.5% year over year, and revenue of $217.37 million, up 13%. For the full year, the EPS is seen at $9.04 on revenue of $888.12 million, up roughly 119% and 27%. The stock trades at a Forward P/E of 16.03 (vs. industry 22.69) and a PEG of 1.15. Zacks ranks Powell at #3 (Hold).

IBM Rises Ahead of Oct. 23 Earnings; Outlook in Focus

January 5, 2026, 7:19 PM EST. IBM closed at 217.16, up 1.1%, outperforming the S&P 500 which gained 0.13%, as the Dow rose 0.55% and the Nasdaq fell 0.52%. The stock has advanced about 10.8% over the past month, topping the Computer and Technology sector's 1.56% and the S&P's 3.67%. An upcoming earnings report is set for Oct. 23, 2024; consensus calls for EPS of $2.25 and revenue of $15.12 billion, up roughly 2.27% and 2.5% year over year, respectively. The Zacks Rank remains #3 (Hold) amid ongoing revisions to estimates. Valuation shows a Forward P/E of 21.26 vs. the industry 21.24; PEG at 4.78 versus 4.05. The Computer – Integrated Systems group ranks in the bottom quintile of 250+ industries per Zacks.

Nextracker (NXT) slides as market rallies; earnings, valuation in focus

January 5, 2026, 7:17 PM EST. Nextracker (NXT) closed at $89.60, down 3.43%, as the S&P 500 rose 0.64%, the Dow gained 1.23%, and the Nasdaq added 0.69%. The stock has risen 2.42% over the past month, outperforming the Oils-Energy sector (1.8%). Ahead of its next earnings report, analysts expect EPS of $0.93, down about 9.7% year over year, with revenue of $808.49 million, up 19.01%. For the full year, Zacks Consensus calls for EPS of $4.15 and revenue of $3.39 billion, changes of roughly -1.66% and +14.63%. The Zacks Rank stands at #3 (Hold). Valuation shows a forward P/E of 22.35, above the industry average of 16.47, and a PEG of 2.72 versus a solar industry average of 0.61. The Solar industry carries a Zacks Industry Rank of 45, in the top 19% of more than 250 industries.

Polymarket Maduro bet stirs debate on insider trading

January 5, 2026, 7:15 PM EST. On Polymarket, a prediction market where people bet on real-world events, a user placed $32,000 that Maduro would be toppled by month's end, hours before the Trump administration ordered the operation. When Maduro's capture became public, the trader booked more than $400,000 in profit. The winner's identity remains unclear; the account shifted from a cryptic handle to a string of characters. Chainalysis said it could not identify the person but noted the trader used several U.S. crypto exchanges to cash out. Experts caution it is hard to prove insider trading in this space and say such cases underscore looser regulatory guardrails for prediction markets versus traditional stock markets.

Nu Holdings hits new intraday high as Latin American fintech growth draws investor attention

January 5, 2026, 7:13 PM EST.Nu Holdings finished Monday at $17.94, up 5.41%, after setting a new intraday record. The Latin American digital banking firm is drawing investor attention to fintech growth in the region. Daily volume reached 67.9 million shares, about 87% above its three-month average of 36.9 million. The stock has risen roughly 64% over the past year and traded within a $17.16-$18.14 day range. Broader markets were firmer: the S&P 500 rose 0.64% and the Nasdaq 0.69%. Peers such as Itaú Unibanco and Banco Bradesco advanced as investors weigh Brazilian financial services potential. Nu is pursuing a Brazilian banking license amid regulatory limits on non-banks using the word bank, while management eyes expansion into Mexico and Colombia to reach the underbanked (people with limited access to financial services).

Ondas climbs after autonomous orders, rebrand and Investor Day

January 5, 2026, 7:11 PM EST. Ondas (ONDS) jumped 13.70% to $12.53 on volume of about 142 million shares as investors weighed fresh autonomous systems orders, a corporate rebrand and a headquarters move to Florida. The stock's 52-week range is $0.57-$12.54, and its market cap sits near $4.1 billion. The rally followed a broad market tone, with the S&P 500 up 0.65% and the Nasdaq 0.69%. In the aerospace and defense space, peers such as AeroVironment and Draganfly posted gains as demand for drones and autonomous platforms circulated. Ondas also announced an Investor Day for January 16 after last week's news of $10 million in new orders and the headquarters shift. The move underscores renewed interest in drones for defense, reflected in a sixfold rise over six months.

AEP valuation points to fair value after 32.7% one-year rally

January 5, 2026, 7:09 PM EST.AEP closed at $115.81, up 32.7% over the last year. The stock sits near fair value after a valuation check that scores 3 on a 6-point scale. Using the Dividend Discount Model (DDM) – which estimates value based on expected dividend payments – the intrinsic value comes to about $109.40 per share. With a current price above this estimate, the model signals the stock is roughly in line with its dividend stream but slightly rich. The DDM inputs include a $4.18 annual dividend, a ~10.42% return on equity and a ~69.9% payout ratio, implying ~3.1% dividend growth. The analysis also notes P/E as a comparator. A separate Discounted Cash Flow (DCF) view in the company report backs the valuation context. Investors should watch how rate cases and capital needs affect future returns.

SLB surges on Venezuela-driven oil volatility as energy peers rally; markets edge higher

January 5, 2026, 7:00 PM EST. SLB (NYSE:SLB) closed Monday at $43.80, up 8.96%. Volume reached 52.9 million shares, about 235% above its three-month average of 15.8 million. The gains followed Venezuela-driven oil-market volatility and a premarket rally in oilfield-services stocks as investors await SLB's 2026 spending outlook. The S&P 500 rose 0.64% to 6,903, and the Nasdaq Composite added 0.69% to finish at 23,396. Halliburton rose 7.84% and Baker Hughes gained 4.09%, signaling broad sector strength on the Venezuela news. Analysts have recently lifted price targets, but investors should weigh uncertainties around Venezuela's oil outlook when making choices.

Camtek (CAMT) valuation after chip-equipment rally and AI-driven earnings expectations

January 5, 2026, 6:59 PM EST. Camtek (CAMT) shares rose about 8% as part of a chip-equipment rally ahead of earnings and commentary on advanced packaging and memory orders. The stock posted a 1-year total shareholder return of about 30.5% and sits a bit below the fair-value target. The narrative centers on a Fair Value of US$126.75 versus a last close of US$115.50, implying a potential discount. The current P/E (price-earnings) multiple is about 110.5x, well above the US semiconductor average of 37.3x; a lower multiple is implied by our model. Growth drivers include the ramp of MicroProf metrology (30+ installations at a Tier 1 customer) and ongoing AI-based defect classification and automation. Risks: heavy exposure to Asian customers and competition in advanced packaging tools, which could temper upside.

Cameco valuation nudges higher after momentum; fair value around CA$150.81

January 5, 2026, 6:58 PM EST. Cameco Corp. (TSX: CCO) has seen a sharp price run, with 7.7% in a day and roughly 12% over 90 days, supporting questions about the stock's current valuation. The CA$135.36 share price sits about 11% below a consensus fair value of CA$150.81, according to the latest narrative. A disciplined asset base and a supply strategy tied to contract demand could enable margins to expand if uranium prices rise, though a high P/E multiple-112.1x-compares with sector peers around 15-20x. Risks include production hiccups at key mines and potential delays in long-term uranium contracting. If the optimism holds, the premium may persist; if not, a material re-rating could follow.

Caesars Entertainment Valuation: Fair Value $33.37 Indicates Undervaluation Despite Declining Returns

January 5, 2026, 6:57 PM EST. Caesars Entertainment (CZR) sits around $23.56 after choppy trading, with a 1-day gain of 0.73%, a 90-day drop of 4.42%, and 1-year and 5-year total shareholder returns down 29.44% and 69.90%, respectively. The bear case contrasts with a stated fair value of $33.37, implying the stock is undervalued at the current level. Caesars' Digital segment, led by online casino and sports betting, has delivered rapid growth, expanding the customer base and raising margins via recurring revenue. Management commentary suggests continued digital expansion could lift top-line sales and EBITDA margins. Risks include ongoing debt obligations and higher digital marketing costs, which could pressure margins. The narrative outlines a revenue path, margin reset, and valuation multiple needed to close the gap.

SAIC gains on insider buying as government IT optimism meets budget uncertainty

January 5, 2026, 6:56 PM EST. Science Applications International Corp. benefited from improving sentiment toward government IT providers after Parsons' contract win and an Executive Vice President's insider purchase. The combination highlights how external contract wins and leadership actions can shape investor perceptions of SAIC's prospects. The narrative suggests a short-term lift rather than a material shift in the next catalysts. Key questions remain about federal funding timing and budget pressure that could affect backlog conversion and revenue visibility. SAIC's September 2025 guidance cut FY2026 revenue to $7.25-$7.325 billion, underscoring ongoing headwinds from tighter budgets and possible delays. Some forecasts envision growth and earnings in coming years, though fair-value estimates vary widely and upside is debated. Investors should weigh multiple views amid spending scrutiny and efficiency drives.

Hyatt Hotels valuation under scrutiny after stock strength

January 5, 2026, 6:55 PM EST. Hyatt Hotels Corp. traded around US$165.57 as investors weigh fair value against a rally driven by momentum. In the latest numbers, the stock posted a 1-day gain of 3.27%, a 30-day gain of 6.13% and a 90-day rise of 14.41%, supporting a five-year total shareholder return of 128.66%. The company reported annual revenue of US$3,339.0 million and a net loss of US$88.0 million; analysts estimate an intrinsic discount of about 11.78%. A fair value of US$169.43 suggests Hyatt is undervalued, though consensus target sits around US$156.95 with a high of US$198.00 and a low of US$140.00. Hyatt's price-to-sales ratio stands at 4.7x, above peers at 2.9x and a fair ratio of 3.3x, implying richer pricing and limited margin for error. Risks include shifts in U.S. booking behavior and broader travel spending volatility.

Aztech Global insiders hold 71% stake on SGX:8AZ, CEO-led control

January 5, 2026, 6:40 PM EST. Aztech Global Ltd. (SGX:8AZ) shows concentrated insider control, with about 71% of shares held by CEO Hong Yew Mun. This level of ownership gives management a strong financial stake in outcomes, for better or worse. The share registry confirms the founder group dominates, while institutions hold only a small stake, limiting external influence. The second and third largest holders, Hong Leong Investment Holdings Pte. Ltd. and Choo Seng Tan, each own about 0.6%. Analysts cover the stock and forecast growth, offering insight into potential upside as insiders steer strategy. Governance risk remains a factor in this highly concentrated structure, but alignment of incentives is evident when insiders stand to gain or lose with every decision.

Stock futures little changed after Dow hits record as Maduro capture spurs energy rally

January 5, 2026, 6:38 PM EST. Stock futures were little changed Monday night after the Dow closed at a record on the U.S. capture of Venezuelan leader Nicolas Maduro and after Trump's call for energy investments. Dow futures rose 19 points (0.04%), S&P 500 futures gained 0.04% and Nasdaq-100 futures 0.07%. In regular trading, the Dow jumped nearly 595 points (about 1.2%), the S&P 500 rose ~0.6% and the Nasdaq ~0.7%. Energy and defense shares led gains on bets the sector could benefit from Venezuela-related rebuilding; Chevron climbed ~5.1%, with Exxon Mobil, Halliburton and SLB higher. Gold futures climbed; U.S. oil futures up about 1.7%. A White House official told CNBC that talks with oil firms occurred but did not name participants.

Stocks Finish Higher on AI Chip Gains and Energy Rally; Bond Yields Fall

January 5, 2026, 6:36 PM EST. Stocks closed higher Monday as optimism around AI spending boosted chipmakers and data storage shares, while energy equities rallied on geopolitics. The S&P 500 rose 0.64%, the Dow Jones added 1.23%, and the Nasdaq-100 gained 0.77%. March E-mini futures followed with similar gains. Bond yields fell, with the 10-year Treasury yield sliding about 3 basis points to 4.16%. A softer Dec ISM manufacturing print capped gains as traders weighed inflation and rate bets; Philadelphia Fed President Anna Paulson offered a dovish view on inflation, while Minneapolis Fed President Neel Kashkari signaled rates may be near neutral. European stocks lent broader support. This week centers on ISM services, payrolls and productivity data that could shape Fed expectations.

Crinetics Pharmaceuticals Inc. CRNX stock price live quotes and chart

January 5, 2026, 6:24 PM EST. Crinetics Pharmaceuticals Inc. rose $0.72, or 1.54%, in the session, according to live quotes. The page shows no current earnings data for CRNX and indicates an average price target of $0 based on 0 analyst ratings in the last three months. Earnings information is not available on the page. The listing notes a marketing Bullish Fuel indicator described as signaling momentum for select stocks, with no forecast attached. The data reflect intraday price action and basic chart options (Candlestick, 1D, 5D, 1M, 6M, 1Y, 5Y). Treat the absence of analyst coverage and earnings data as a limitation for investment decisions.

SGX renames equities arm as SGX Stock Exchange, targets IPO recovery in 2025

January 5, 2026, 6:22 PM EST. SGX will rename its equities business to the SGX Stock Exchange, SGX Group chief executive Loh Boon Chye said, as the exchange commits to supporting companies at every growth stage. He reiterated optimism for a broader IPO recovery in 2025 after an encouraging start to listings activity. Loh pointed to stronger momentum in the equities ecosystem, with market activity and investor interest returning. The STI has shown long-term resilience, supported by earnings growth and more active capital management, while valuations of STI constituents remain reasonable versus other developed markets. Assets under management across the two STI exchange-traded funds have surpassed $3b, underscoring growing local confidence. Looking ahead, SGX aims for deeper participation across large-, mid-, and small-cap companies as the Equities Market Review Group recommendations, led by Minister Chee Hong Tat, are implemented.

Ebrains stock up 22% over 3 months; ROE near peers prompts deeper look at growth prospects

January 5, 2026, 6:20 PM EST. Ebrains' shares on the Tokyo Stock Exchange (TSE:6599) have risen about 22% over the last three months. Trailing twelve-month ROE stands at 7.4% through September 2025, near the industry average of 7.8%. Net income growth runs 5.3% in the same period, roughly in line with the industry pace. Although the ROE is modest, the earnings trajectory suggests other drivers – such as strategic decision-making or a low payout ratio – are supporting profit growth. Investors will scrutinize whether this growth is sustainable and how capital is allocated going forward. The recent momentum may reflect sentiment as much as fundamentals, prompting a deeper study of the stock's financial prospects.

Regal Asian Investments Updates ASX on Ongoing On-Market Share Buy-Back

January 5, 2026, 6:05 PM EST. Regal Asian Investments Limited (ASX: RG8) has updated the ASX on its ongoing on-market share buy-back of ordinary fully paid shares. In the latest notification dated 5 January 2026, the company reports a cumulative total of 1,108,371 shares bought back prior to the previous trading day and a further 6,163 shares on the prior day, underscoring ongoing capital management and an aim to lift shareholder value by reducing shares outstanding. The disclosure reflects a focus on capital efficiency and transparency with investors, with RG8 trading on the ASX and providing exposure to a portfolio of Asian-focused assets.

AI rally lifts FormFactor, ON Semiconductor, Sensata, Vishay and Nova; CPI cools fuels risk-on trades

January 5, 2026, 5:56 PM EST. Shares of FormFactor, ON Semiconductor, Sensata Technologies, Vishay Intertechnology and Nova rose after a broad AI-driven rally in semiconductors sparked a risk-on session. Traders rotated into high-growth tech as the Nasdaq Composite climbed, with supply constraints in chipmaking expected to persist as AI infrastructure expands. Analysts noted the themes that fueled last year's gains-AI and tech-carrying into the new year. The rally followed a softer-than-expected CPI report, supporting expectations of further rate cuts and a more favorable environment for growth names. Nova remains highly volatile; the stock has logged multiple moves of 5% or more over the past year, suggesting sentiment remains sensitive to headlines. Some investors say the move underscores the AI opportunity in silicon supply chains.

Stocks climb on chip makers and AI-infrastructure strength

January 5, 2026, 5:55 PM EST. The S&P 500 Index (SPX), a broad US benchmark, rose 0.62% as chip makers and AI-infrastructure names led gains. The Dow Jones Industrial Average (DJIA) firmed 0.10% and the Nasdaq 100 Index (QQQ) advanced 1.16%. March S&P 500 futures (ESH26) and March Nasdaq futures (NQH26) added to the gains. Europe also backed US sentiment as the Euro Stoxx 50 hit a fresh high. The 10-year Treasury yield pushed toward 4.19%, lifting yields and easing safe-haven demand. Traders see roughly a 15% chance of a -25 basis point rate cut at the Fed's late January meeting. In individual shares, SNDK jumped over 8%, ASML up more than 7% after an upgrade, with MU and LRCX higher as AI-infrastructure activity stays in focus.

Zeta Global climbs on AI strategy as short-squeeze bets take hold

January 5, 2026, 5:54 PM EST. Zeta Global Holdings Corp (NYSE: ZETA) rose about 8% in afternoon trading as investors weigh an AI-powered marketing cloud and chatter around a possible short squeeze. The rally comes despite no fresh headlines since November's Q3 update on forward guidance. ZETA positions itself as an AI-driven platform that automates tasks from segmentation to campaign optimization with built-in AI agents, potentially boosting efficiency for customers. Traders also eyed a potential short squeeze: the stock carries roughly 10.6% short interest and about 5.03 days to cover, metrics that can amplify upside if bears rush to exit. ZETA carries a 60-month beta around 1.26, signaling higher volatility but also opportunities for quantitative traders relying on systematic risk models such as Black-Scholes.

F.N.B. valuation near narrative fair value as shares trade around $17.19

January 5, 2026, 5:53 PM EST. F.N.B. (NYSE: FNB) trades at $17.19 with a narrative fair value of $19.19, implying an intrinsic discount of about 40.8%. The stock posted 90-day returns of 5.27% and 1-year and 5-year TSRs of 20.08% and 92.22%, signaling momentum. Growth in deposits and loans has averaged near 9% annually over 15 years, supported by population growth in its core markets. A P/E of 12.1x sits above the sector average of 11.8x but below a 14.1x implied fair ratio and well under peers, suggesting cushion with valuation risk. The outlook depends on digital/fee income expansion and regional economy health; weakness in commercial real estate could weigh on loan quality and earnings. Read the full narrative for the forecast assumptions and risks.

Navan (NVDA) Valuation Under Scrutiny After Volatile Move

January 5, 2026, 5:52 PM EST. Navan is at US$16.25, down 4.86% after a 30-day gain of 16.15%, leaving the stock roughly flat YTD. The stock's P/S at 6.2x trades above peers (2.2x) and the industry (1.7x), signaling a growth premium. A DCF (discounted cash flow) fair value comes in at about US$11.09 per share, implying the market prices in future cash generation beyond current profitability. Navan is unprofitable and posted a net loss of US$371.9 million, so any slowdown in revenue or cash generation could challenge the premium narrative. Some analysts see upside to around US$25 from US$16.25, but the risk is the growth trajectory failing to materialize.

Costco (COST) appears overvalued after price weakness, DCF suggests

January 5, 2026, 5:51 PM EST.Costco Wholesale's stock closed around $854.50 and weakened in the short term (7 days: -1.5%; 30 days: -4.5%), with flat performance year-to-date and about a 6.9% drop over 12 months; longer horizons show strong gains (+86% over 3 years, +148.1% over 5). A DCF model using a 2-stage free cash flow to equity approach yields an intrinsic value of about $581.15 per share, implying the price is about 47% above fair value. The shares trade at P/E 45.69x. Taken together, the valuation checks suggest COST may be overvalued at current levels versus its cash-flow prospects.

Keybanc downgrade weighs on GitLab as hybrid pricing concerns surface

January 5, 2026, 5:50 PM EST. Keybanc downgraded GitLab (GTLB) from Overweight to Sector Weight, citing execution risk tied to the company's hybrid consumption model and pricing headwinds. The stock has traded lower, with a 1-day decline of 3.60%, a 90-day drop of 21.60% and a 1-year total shareholder return down 41.23% as investors weigh growth against margin risk. The downgrade comes as leadership changes, including the pending departure of the Chief Technology Officer, add to near-term uncertainty. GitLab trades near $36.18 versus an average analyst target of $53.44 and a fair value around $53.52, implying a discount if growth and margins meet expectations. The bull case rests on cloud migration, SaaS growth (SaaS up 39% YoY (year-over-year); Dedicated ARR up 92% YoY) and margin expansion.

Dollar slips after US ISM manufacturing contracts; euro steadies on rate-cut bets

January 5, 2026, 5:49 PM EST. The dollar index (DXY) eased after a 3-week high, finishing down about 0.16% as the US December ISM manufacturing index contracted 0.3 points to 47.9, the steepest pace in 14 months. A Monday rally in stocks trimmed demand for safe-haven dollars. Kashkari's hawkish comments supported the dollar, with rates possibly near neutral. Markets price roughly a 16% chance of a -25 bp cut at the Jan. 27-28 FOMC meeting, while bets on a larger cut in 2026 linger. The Fed balance sheet is expanding via $40 billion monthly T-bill purchases. The EUR/USD edged higher after weak US data, while USD/JPY fell about 0.38% as the BOJ governor signaled further rate moves.

D-Wave Quantum stock climbs 8.9% as 2026 outlook draws investor scrutiny

January 5, 2026, 5:38 PM EST. Shares of D-Wave Quantum (QBTS) rose 8.9% on Monday, with intraday gains up to 11.4% as broader tech strength persisted. The day came as the S&P 500 gained 0.6% and the Nasdaq climbed 0.7%. D-Wave has surged about 235% in the last year. The company's quantum-annealing approach is cited as offering near-term commercialization opportunities, while it pursues more ambitious quantum technologies for long-term growth. As of the prior year's Q3, D-Wave reported roughly $836 million in cash and short-term equivalents, supporting ongoing development and commercialization. However, the stock carries high risk: quantum computing remains nascent, and macro volatility and lofty valuations could sustain sizable swings in 2026.

SGX:Z74 rally driven by high ROE and earnings growth

January 5, 2026, 5:36 PM EST. Singapore Telecommunications' stock has risen 7.9% over the past three months as investors weigh its fundamentals. The company posted a trailing twelve-month ROE of 23% as of September 2025, calculated from S$6.2 billion in net profit against S$27 billion in shareholders' equity. The ROE exceeds the industry average of 12%, underscoring efficient use of capital. Over five years, net income growth reached about 25%, outpacing the industry growth of 7.7%. The assessment suggests the market is pricing in solid profitability and reinvestment ability. Higher ROE and profit retention can support future earnings, though investors should consider a range of factors when valuing SGX:Z74.

Costco stock eyes 2026 rebound as membership flywheel powers growth

January 5, 2026, 5:34 PM EST. Costco reported stronger than expected Q1 2026 results, though the stock trades at a rich multiple. The retailer posted total sales of about $66 billion, up 8.2% YoY, with comparable sales (sales at warehouses open for more than a year) up 6.4% and digitally enabled growth of 20.5%. Growth was led by both traffic and basket size, and other international markets posted 6.8% adjusted comp growth versus 5.9% in the U.S. In fiscal 2025, revenue rose about 8.1% to roughly $270 billion. A key driver remains membership fee income, up 14% YoY to about $1.33 billion, aided by a price increase in the U.S. and Canada that accounted for about half of membership income growth. The market questions whether a valuation near 47x earnings justifies the growth trajectory, as investors weigh further international expansion against premium pricing risk.

Zeta Global Q3 Beat Supports AI-Driven Growth; Softer Guidance Caps Near-Term Upside

January 5, 2026, 5:23 PM EST. Zeta Global posted a Q3 beat on revenue and EBITDA, with full-year guidance coming in above consensus on the top line but issuing the weakest full-year outlook among its peers. Management argues its AI-powered marketing platform can win larger enterprise budgets and push toward sustainable profitability, but the company remains unprofitable and continues to incur elevated spending. The better quarterly results reinforce the core investment narrative, yet the softer annual view tempers near-term catalysts for margin expansion. At the same time, management has continued a share buyback program, retiring about $100 million of stock, signaling capital allocation discipline amid earnings quality concerns. Watch how ongoing losses and investment pace influence the path to profitability.

Zeta Global shares rise after deepening collaboration with OpenAI

January 5, 2026, 5:22 PM EST. Zeta Global, an AI marketing firm, said on Monday it has deepened a strategic collaboration with OpenAI to integrate its AI models into the Athena marketing platform. The move lifted Zeta Global shares about 9% in after-hours trading. The companies will give Zeta early access to new OpenAI models and features, enabling deeper integration with the latest AI advances. Athena's product roadmap will be aligned with OpenAI model developments, the company said. The deal underscores ongoing ties between marketing tech firms and AI developers as demand grows for AI-powered advertising tools.

MMSI crosses above 200-day moving average; shares rise

January 5, 2026, 5:21 PM EST. Merit Medical Systems' shares (MMSI) rose after crossing above their 200-day moving average of $60.78 on Thursday, carving an intraday high of $61.64. The stock was up about 2% on the session, with a last trade around $61.22. The 52-week range extends from $50.46 to $73.85. A move above the long-term average can be a bullish technical signal, though it does not guarantee ongoing gains.

ASTH crosses above 200-day moving average; Astrana Health shares rally 8.6%

January 5, 2026, 5:20 PM EST.Astrana Health Inc (ASTH) crossed above its 200-day moving average (a common long-term trend gauge) of $27.42 on Monday, with shares trading as high as $27.47. The stock was up about 8.6% on the session. The last trade was $27.40. The 52-week range spans $20.12 to $39.97. The move marks a technical milestone traders watch for momentum shifts.

DOLE crosses below 200-day moving average as shares dip to $11.78

January 5, 2026, 5:19 PM EST. Dole plc (DOLE) crossed below its 200-day moving average of $11.79 on Friday, with shares touching a low of $11.78 and trading down about 1.4%. The 200-day moving average is a common trend indicator used to gauge longer-term momentum; a move beneath it can signal bearish near-term momentum, though it is not a guarantee of further declines. The latest print puts DOLE near the middle of its 52-week range of $7.20 to $14.005; the last trade was $11.86. Traders will watch for further direction and any near-term support levels.

Crude Rallies on Geopolitical Risks as OPEC+ Pauses Increases

January 5, 2026, 5:18 PM EST. Crude prices rose Monday as geopolitical risks in Russia, the Middle East, Nigeria and Venezuela supported crude values. February WTI CLG26 gained about 1.74% and February RBOB RBG26 climbed roughly 1.28%. The move followed OPEC+ plans to pause production increases in Q1 2026 and came as a weaker dollar aided the demand outlook. A softer crack spread also weighed on refinery buying. Vortexa data showed tankers idle at least seven days fell 3.4% week-on-week, while Chinese crude imports for December were set to rise about 10% m/m to a record 12.2 million bpd as inventories are rebuilt. The IEA/OPEC view a global surplus in 2026, signaling limited upside into the near term.

Above-normal US Temps Weigh on Nat-Gas Prices as Production Near Record

January 5, 2026, 5:17 PM EST. February Nymex natural gas (NGG26) closed lower on Monday, sliding to a 2.25-month low as forecasts for above-normal temperatures curb heating demand. The January 10-14 outlook shows warmth from the Midwest to the East Coast, adding pressure on prices. Dry gas output remains near a record high, with output around 110.5 bcf/d and LNG net flows easing to 19.7 bcf/d. The EIA raised its 2025 production forecast to 107.74 bcf/d, while Lower-48 gas demand ran about 96.7 bcf/d. Storage data show a year-on-year decline but remain above the five-year average, signaling ample supply. Baker Hughes reported 125 active US nat-gas drilling rigs for the week ended January 2, a modest pullback from late November highs.

Donroe Doctrine Lifts Dow to All-Time Close; Energy Stocks Rally

January 5, 2026, 5:08 PM EST. Investors welcomed President Trump's Latin American stance, lifting U.S. stocks toward all-time territory. The so-called 'Donroe Doctrine' signals the White House will influence Venezuela's oil and gas industry, a theme that propelled energy shares higher. Chevron led the Dow with a 5.1% gain, while Goldman Sachs and JPMorgan Chase also rose on the broader risk-on mood; Nvidia slipped 0.4% ahead of CES as tech names broadly cooled. By session end, the Dow Jones Industrial Average rose 1.2% to 48,977, a new all-time closing high, and the S&P 500 gained 0.6% to 6,902. Market pricing suggested sanctions or regime change would not derail oil flows. Venezuela holds about 303 billion barrels of reserves but currently accounts for around 0.8% of global output; Navellier called momentum positive.

NOF's 3-month rally tied to solid ROE and earnings growth (TSE:4403)

January 5, 2026, 5:06 PM EST. NOF Corp (TSE:4403) has gained about 14% in three months as investors weigh its fundamentals. The company's trailing twelve-month ROE stands at 12%, roughly JP¥35b of net profit against JP¥283b shareholders' equity, indicating ¥0.12 earned per ¥1 of equity. NOF's ROE exceeds the industry average of 7.7%, contributing to five-year earnings growth of 9.4% and higher net income growth than the sector's 7.2%. With a three-year median payout ratio of 27%, NOF retains about 73% of profits, funding reinvestment while maintaining a well-covered dividend. The piece notes value hinges on whether the market has priced in the outlook for 4403 and its sustainable returns.

Australia shares set to rise at open as NZ falls

January 5, 2026, 5:05 PM EST.Australian equities are seen higher at the open, while New Zealand shares edge lower. Futures on the ASX 200 pointed to gains, tracking weaker regional selloffs and a cautious mood ahead of domestic data releases. Traders cited global inflation jitters (rising price pressures) shaping early moves. In New Zealand, the benchmark NZX 50 slipped as investors weighed corporate results and currency moves. The moves come amid thin liquidity and a quiet start to the week, with traders awaiting guidance from major markets later in the session. Key risk factors include central bank policy signals and commodity prices, which can swing cyclical and defensive sectors.

Thrivent rings NYSE closing bell as ETF lineup surpasses $1B AUM

January 5, 2026, 5:02 PM EST. NEW YORK – Thrivent, a financial services company with significant operations in Appleton, rang the NYSE closing bell for the first time on Monday, marking the end of the second trading day of 2026. The ceremony celebrated momentum in Thrivent's exchange-traded funds (ETFs) product suite, which expanded with four new products in 2025 and recently surpassed $1 billion in assets under management (AUM). Representing Thrivent were President and CEO Terry Rasmussen; Chief Financial & Investment Officer David Royal; Thrivent Funds President Mike Kremenak; and other leaders from Thrivent Asset Management's leadership and ETF portfolio management teams.

Pfizer Valuation in Focus After Share-Price Weakness and Dividend Support

January 5, 2026, 4:56 PM EST. Pfizer (PFE) shares traded near $25.18, with a 1-day gain but weaker 30- and 90-day returns and a 3-year total shareholder return down about 38.1%. The stock's price sits below a narrative fair value of $29.08, suggesting a potential undervaluation if earnings and margins recover. Pfizer posted revenue of $62.8 billion and net income of $9.8 billion, with dividend income helping keep the total return slightly positive over one year, and an intrinsic value estimate-a calculated fair price from expected cash flows-supporting a cautiously positive read, while a middling 5/10 value score signals mixed value metrics. Risks include regulatory drug pricing shifts and patent expirations on major products. If you view the story differently, you can reassess with the same data to form a fresh view.

Qiagen QGEN crosses above 200-day moving average

January 5, 2026, 4:54 PM EST. Qiagen NV (QGEN) crossed above its 200-day moving average of $43.50 on Thursday, with the shares touching as high as $43.71. The stock was about 0.9% higher on the session. The 200-day moving average, a long-term trend line computed by averaging the closing prices over the previous 200 sessions, often marks a pivot for momentum. Qiagen's 52-week range runs from $34.74 to $51.18, and the latest trade was $43.47.

BP shares seen as modestly undervalued after mixed price moves

January 5, 2026, 4:52 PM EST. BP (LSE:BP.) has posted a mixed price trajectory, with a 1% drop on the day and uneven returns over the past week, month and quarter. Year-to-date returns are slightly negative, though a 1-year total shareholder return of 11.33% points to momentum for longer-horizon holders. At £4.35, the stock carries an estimated 58% intrinsic discount and a fair value of about £4.77 per share under one valuation view, framing the shares as modestly undervalued. However, the current P/E of 59x starkly contrasts with European oil-and-gas peers' ~11.7x and a broader 19.3x benchmark, implying a premium that could unwind if earnings disappoint. Key risks include potential delays in asset divestments and write-downs in hydrogen or biofuels that would temper capital allocation. The narrative could shift if growth expectations fail to materialize.

Athabasca Oil shares fall 9.7% as targets shift; insiders buy

January 5, 2026, 4:48 PM EST. Athabasca Oil Co. (TSE:ATH) shares fell 9.7% Monday, dipping to a low of C$6.42 and ending near C$6.45 as volume surged to about 2.42 million. Analysts reacted to mixed signals: Desjardins trimmed its price objective to C$8.25 and kept a Hold rating, while Raymond James lifted its target to C$7.00. RBC and Scotiabank also increased targets to C$7.00 and TD Securities to C$7.00, with ratings ranging from Hold to sector perform/outperform. MarketBeat shows a consensus rating of Hold with a roughly C$7.04 average target. On fundamentals, the company sports a market cap of about C$3.22 billion, a P/E of 7.61, debt-to-equity of 12.55, and liquidity metrics indicating solid short-term coverage. Quarterly earnings came in at C$0.14 per share on revenue of C$321.09 million, while insiders bought 129,800 shares at C$6.82.

Shimizu Corp (TSE:1803): Institutions own 38%, individuals 46%; top 19 holders control 50%

January 5, 2026, 4:46 PM EST. Shimizu Corp. (TSE:1803) shows a dispersed ownership structure. Individual investors control 46% of the stock, while institutional investors hold 38%, leaving no single holder with a majority. The largest registered stake belongs to Shimizu Co., Ltd. (Nagahama) with about 12%, followed by the Shimizu Foundation at 5.7% and BlackRock, Inc. at 5.3%. Half of the company's equity sits with the top 19 holders, or about 50%, underscoring a level of concentrated ownership among a core group rather than a single dominant owner. The report notes that insiders (board members) are included in the ownership data, and hedge funds are not a meaningful presence. Analysts and investors should consider past earnings trajectories alongside these stakes.

Xero's ROE underperforms peers even as earnings growth stands out; market weakness questioned

January 5, 2026, 4:40 PM EST. Xero Ltd's stock has fallen about 31% in three months, but the company shows solid earnings growth. Trailing twelve months ROE stands at 5.9%, derived from NZ$268 million profit and NZ$4.6 billion equity, below the industry average of 12%. Yet five-year net income rose 57%, exceeding the industry's 15% growth, hinting at other drivers such as strategic decisions or a favorable payout policy. The gap between price action and profitability suggests the market may be pricing risk rather than deteriorating fundamentals. Note ROE measures profitability relative to shareholders' equity, and higher retention can lift growth. Valuation will hinge on how retained earnings feed expansion and future earnings trajectory.

CCU crosses above 200-day moving average; shares rise 3.7%

January 5, 2026, 4:38 PM EST. Compania Cervecerias Unidas S.A. (CCU) moved above its 200-day moving average of $13.12 on Monday, trading as high as $13.20 and about 3.7% higher on the day. The stock's one-year performance is shown against the 200-day moving average in the chart, with a 52-week range of $11.19 to $15.70 and a last trade near $13.14. Crossing the moving average-an often watched technical level-can signal renewed upward momentum among traders as the stock sits near the upper end of its range.

NewAmsterdam Pharma Grants Inducement Stock Options Under Nasdaq Rule 5635(c)(4)

January 5, 2026, 4:37 PM EST. NewAmsterdam Pharma N.V. said its Compensation Committee approved inducement share options for 20,000 ordinary shares to a non-executive new hire under the company's 2024 Inducement Plan and Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $35.20 per share, equal to the closing price on January 2, 2026, the grant date. The options vest over four years: 25% after the first anniversary of the vesting commencement date, with the remaining shares vesting in 36 equal monthly installments, subject to continued service. The grant is governed by the Inducement Plan and an option award agreement. NewAmsterdam is developing obicetrapib, a CETP inhibitor, as an LDL-C lowering therapy for patients at risk of cardiovascular disease.

Teleflex Breaks Above 200-Day Moving Average; shares gain roughly 1.9%

January 5, 2026, 4:36 PM EST. Teleflex Incorporated (TFX) shares rose after crossing above their 200-day moving average of $123.57, trading as high as $125.18. The stock was about 1.9% higher for the session, with the last trade around $124.41. The 200-day moving average is a long-term trend indicator; a move above can signal bullish momentum, though it does not guarantee gains. Teleflex's 52-week range runs from $102.58 to $185.94.

ETHE crosses above 200-day moving average; shares near $26

January 5, 2026, 4:35 PM EST. Grayscale Ethereum Trust ETF (ETHE) crossed above its 200-day moving average of $25.98 on Monday, trading as high as $26.55 and up about 3.4% on the session. The last trade was around $26.50. The 52-week range spans $12.105 to $40.135. A move above the 200-day average-a common long-term trend indicator-is watched by traders for potential strength, though it does not guarantee gains. The chart contrasts ETHE's one-year performance with its moving average; no catalysts were cited in the report.

Smaller Ivory Coast Cocoa Shipments Support Prices as Futures Rally

January 5, 2026, 4:34 PM EST. March ICE NY cocoa futures (CCH26) rose 3.51% and March ICE London cocoa futures (CAH26) gained 2.57% on Monday. The rally followed signs of tighter Ivory Coast supplies, the world's largest producer, with Oct 1-Jan 4 port shipments totaling about 1.073 million metric tons, down 3.3% from a year ago. The market also benefits from potential BCOM inclusion; Citi said cocoa could attract up to $2 billion of NY cocoa futures buying as it joins the Bloomberg Commodity Index (BCOM). Prices were pressured last week by favorable West African growing conditions and a nudge lower on demand, with grindings in Asia and Europe dipping in Q3. ICE-monitored cocoa inventories in US ports fell to 1,626,105 bags as of Dec 26, a 9.5-month low, underscoring a tightening global supply outlook.

Arabica climbs on Brazil rainfall shortfall; robusta eases as Vietnam exports rise

January 5, 2026, 4:33 PM EST. March Arabica (KCH26) closed up 0.57%; March ICE Robusta (RMH26) fell 0.91%. Prices were mixed as Arabica gains rested on Brazil's below-average rainfall, notably in Minas Gerais where weekly rain was 67% of normal. A firmer real aided Arabica by dampening export incentives. Robusta weakened on supply-side pressure from rising Vietnam exports (up 17.5% to 1.58 million tonnes). ICE inventories show a tug: Arabica at 1.75-year lows, rebounding to 456,477 bags on Dec. 24; Robusta at a 1-year low of 4,012 lots, then 4,278. Conab lifted Brazil's 2025 production 2.4% to 56.54 million bags; Vietnam 2025/26 output seen up ~6% to 1.76 MMT. ICO exports fell 0.3% y/y to 138.658 million bags.

Sugar settles higher as real strength spurs short covering

January 5, 2026, 4:32 PM EST. March NY world sugar #11 SBH26 settled up 0.89%, and March London ICE white sugar #5 SWH26 rose 0.60% as the Brazilian real strengthened, prompting short-covering in futures. The real's rally to a three-week high against the dollar dampened near-term exports from Brazil. ISMA said 2025/26 sugar production rose 25% y/y to 11.90 MMT (million metric tons) and lifted its full-season estimate to 31 MMT, while cutting ethanol usage to 3.4 MMT, potentially freeing more sugar for export. In Brazil, Safras & Mercado sees 2026/27 production at 41.8 MMT and exports down 11% to 30 MMT; Conab raised 2025/26 output to 45 MMT. ISO projects a global surplus of 1.625 MMT (million metric tons) for 2025-26, underscoring a cautious tone.

Aflac to release Q4 2025 results, host investor webcast Feb. 4-5, 2026

January 5, 2026, 4:31 PM EST.Aflac Incorporated said it will release its fourth-quarter 2025 results after the market close on February 4, 2026. The company will publish earnings materials, including the quarterly release and a financial supplement, on its Investor Relations site. A CFO video update from Max Brodén will accompany the release. A live webcast (an online presentation) of the subsequent conference call is scheduled for 8:00 a.m. ET on February 5, 2026, with Daniel P. Amos and Brodén presenting. Virgil Miller will join to answer questions alongside U.S. and Japan management. Investors should register at investors.aflac.com five to seven minutes prior to start. Aflac, a Fortune 500 insurer with operations in the U.S. and Japan, will discuss results and outlook.

NIO stock forecasts for 2026 and beyond as EV demand accelerates

January 5, 2026, 4:30 PM EST. NIO's stock outlook remains contingent on demand for its electric vehicles. The company posted 36,275 deliveries in November 2025, a 76.3% year-over-year rise, lifting 2025 deliveries through November to 277,893, up 46% year-over-year. The accelerating demand for NIO's products positions the company to deliver gains for investors in the future. The article provides a forecast for 2026 and 2030, along with the key factors driving the stock's performance.

Kroger misses Q3 CY2025 revenue estimates; GAAP loss widens as sales stay flat

January 5, 2026, 4:14 PM EST. Kroger (NYSE:KR) reported Q3 CY2025 results that undershot Wall Street revenue estimates as sales remained flat year over year (YoY) at $33.86 billion. The company posted a GAAP loss of $2.02 per share, far below consensus forecasts; however, adjusted EBITDA matched estimates at $1.83 billion with about a 5.4% margin. The EPS (GAAP) guidance for the full year sits at a midpoint of $4.78, modestly beating expectations on a non-GAAP basis but not enough to lift near-term sentiment. Same-store sales rose 2.6% YoY, while operating margin turned negative at -4.6% from 2.5% a year ago. Free cash flow was modest at $29 million. Kroger operates 2,789 stores and remains a scaled player in a low-growth grocery sector; analysts project roughly 1.7% revenue growth over 12 months.

Fate Therapeutics grants inducement stock options and RSUs under Nasdaq Rule 5635(c)(4)

January 5, 2026, 4:13 PM EST. Fate Therapeutics said on January 1, 2026 it granted an inducement package to four newly hired non-executive employees, including an award for one recipient of non-qualified stock options (NQSO) for 48,000 shares at an exercise price of $0.98, the closing price on December 31, 2025. The package also comprises restricted stock units (RSUs) representing 79,400 shares. Grants were approved by the Compensation Committee and issued under Fate's Amended and Restated Inducement Equity Plan, in accordance with Nasdaq Listing Rule 5635(c)(4). The NQSO vests 25% after one year, with the remainder vesting in monthly installments over the next 36 months, subject to continued employment. The RSUs vest 25% on each anniversary of the grant date. Fate Therapeutics is a San Diego-based clinical-stage biopharmaceutical company focused on iPSC-derived cellular immunotherapies.

uniQure breaks below 200-day moving average; shares dip toward $22

January 5, 2026, 4:09 PM EST. uniQure N.V. (QURE) traded below its 200-day moving average of $23.05 on Monday, hitting a low of $22.15 and leaving the session about 3.2% lower. The stock was last quoted at $22.54. The 200-day moving average is a widely watched gauge of the medium-term trend. In the past year, QURE has traded from $7.76 to $71.50. The 52-week low sits at $7.76 and the 52-week high at $71.50. A cross below the moving average can signal a shift in momentum, though it is not a guarantee. Traders may look for how the stock behaves near this level in coming sessions.

HLNE crosses above 200-day moving average, shares rally near $72

January 5, 2026, 4:08 PM EST. Hamilton Lane Incorporated – Class A (HLNE) rose Thursday after shares crossed above its 200-day moving average of $70.85, trading as high as $72.55. The stock was up about 9.3% on the day. The move comes as the chart tracks HLNE's one-year performance against the trend line; HLNE's 52-week range is $55.81 to $115.48, with a last trade near $72.34. A 200-day moving average is a long-term trend gauge; a cross above can signal momentum but is not a guarantee. Investors are watching for follow-through and any shift in market sentiment.

SAIC crosses above 200-day moving average as shares rally

January 5, 2026, 4:07 PM EST. Science Applications International Corp (SAIC) moved above its 200-day moving average of $88.07 in Monday trading, briefly reaching as high as $89.59. The stock was up about 2.7% on the day. The last trade was around $87.90, while the 52-week range runs from $77.65 to $103.95. A rise above the moving average can signal renewed momentum, though traders cautioned that a close above the level would provide a firmer signal. No company-specific news was cited in the report.

Ramaco Resources METC crosses above 200-day moving average

January 5, 2026, 4:06 PM EST. Ramaco Resources Inc (METC) shares traded Monday above their 200-day moving average of $19.31, hitting as high as $20.45. The stock was up about 6.3% on the day. The move leaves METC near its one-year trend relative to the 200-day moving average; the 52-week range spans $6.24 to $57.80 and the last trade was $19.88. The 200-day moving average is a widely watched gauge of longer-term momentum; crossing above it is often seen as a bullish signal, though it does not guarantee further gains.

ALGM crosses above 200-day moving average; Allegro MicroSystems stock climbs

January 5, 2026, 4:05 PM EST. Allegro MicroSystems Inc (ALGM) moved higher after shares crossed above their 200-day moving average of $28.20, a long-term trend line. The stock traded as high as $30.29 intraday and was about 5.3% higher on the session. The last price was $28.34, with the 52-week range of $16.38 to $38.45. A cross above the moving average is a commonly watched bullish signal among traders, suggesting momentum may favor further gains, though chart signals don't guarantee futures moves. The note reflects intraday activity; no fundamental disclosure is implied.

WeRide (WRD) crosses above 200-day moving average

January 5, 2026, 4:04 PM EST. WRD shares crossed above the 200-day moving average of $9.52 on Monday, trading as high as $9.85. The stock was about 3.8% higher on the session, with a last print near $9.77. The move places WRD within a year-long view that pits price against the 200-day trend line, a long-term indicator that smooths data over roughly 200 trading days. In the 52-week range, the low is $6.03 and the high $44. The chart accompanying the note shows WRD's performance against the moving average over the past year. A cross above the moving average is often watched as a sign of momentum, though it does not guarantee gains.

Markets shrug off Maduro capture as AI rally and Fed focus take center stage

January 5, 2026, 4:02 PM EST. Markets largely shrugged off the weekend U.S. capture of Venezuela's Nicolás Maduro, with reactions suggesting the move could add volatility but has yet to dent company fundamentals. Ed Yardeni of Yardeni Research called it an unsettling development, while others focused on the themes that have driven markets in 2025 – an AI trade rally, and a watchful eye on the Fed and earnings. Gabelli Funds portfolio manager John Belton said the impact on holdings was limited. FedWatch Advisors' Ben Emons floated a risk-on tone for 2026, comparing the moment to past regime shifts that sparked rallies in commodities and equities. Still, some warn China, the largest buyer of Venezuela oil, could contest any policy shifts. Venezuela's oil reserves are vast but underdeveloped; oil prices rose along with gold, silver, and copper. Chevron remains the only U.S. oil company operating there.

Edison International: Institutions hold ~89% of shares as insiders sell

January 5, 2026, 4:01 PM EST. Edison International (NYSE:EIX) is heavily owned by institutional ownership, which holds about 89% of shares. The largest single holder is The Vanguard Group, Inc., at about 13%, with a second 13% and a third 8.4%. The top 12 shareholders control roughly 50% of the equity, underscoring a concentrated base. Insiders have been selling recently, a factor investors watch for potential signaling. Large institutional ownership can translate into price sensitivity and board influence given scale and research capacity; they can also move in concert during downturns. Analysts cover Edison; investors should monitor how big holders' moves interact with earnings and catalysts.

Liontown Limited ownership: retail investors lead with 40% stake, institutions 26% (ASX: LTR)

January 5, 2026, 3:58 PM EST. As of January 5, 2026, Liontown Limited (ASX: LTR) shows retail investors as the largest holder with about 40% ownership, ahead of institutions at 26%. Hancock Prospecting Pty Ltd is the largest single shareholder with 16%, with the second and third holders around 11% and 6%. The top eight shareholders control more than half of the share register, underscoring concentration beyond a single bloc. Insiders have sold recently, signaling potential near-term supply considerations. Hedge funds have no meaningful stake in the stock. Analysts cover the name, and investors should monitor shifts in institutional or insider sentiment that could affect the stock's direction.

TD Bank seen delivering stable earnings as U.S. exposure boosts diversification

January 5, 2026, 3:56 PM EST. TD Bank's outlook remains constructive thanks to stable earnings from its Canadian personal and commercial franchises and a sizeable U.S. retail platform. The U.S. exposure provides geographic diversification and long-term growth potential, helping offset slower Canadian growth and boosting earnings stability. Balance sheet strength is a key pillar, with solid capital ratios and ample liquidity to absorb losses while funding growth and returns to shareholders. The stock is seen with a generally constructive forecast, underpinned by positive technicals and solid fundamentals, though near-term upside is more limited. Analysts flag a Strong Buy technical signal and a consensus Buy rating, with a 12-month target near $128 implying about a 3% downside. Longer term, TD remains an attractive core holding given its balance sheet, dividends, and earnings resilience; near term will track macro and banking sentiment.

Noteworthy Monday option activity in WULF, ZBIO and LEU drives volume spikes

January 5, 2026, 3:54 PM EST. Option activity among Russell 3000 components showed notable daily volume in WULF, ZBIO and LEU. WULF traded 140,678 contracts, about 14.1 million underlying shares, roughly 52.7% of its 1-month average daily volume (ADV) of 26.7 million. The most active strike was the $10 put expiring Feb. 20, 2026, with 26,342 contracts (~2.6 million underlying shares). ZBIO options totaled 1,848 contracts (~184,800 shares), equal to about 52.4% of its ADV of 352,605. The $17.50 call expiring Jan. 16, 2026 traded 487 contracts (~48,700 shares). LEU saw 4,585 contracts (~458,500 shares), about 50.9% of its ADV of 900,635; heavy activity centered on the $280 call expiring Jan. 16, 2026 with 249 contracts (~24,900 shares). For expirations across WULF, ZBIO, or LEU, see StockOptionsChannel.com.

Noteworthy Monday Option Activity: CPRI, RDDT, TVTX

January 5, 2026, 3:53 PM EST. Options activity today in Capri Holdings (CPRI), Reddit (RDDT) and Travere Therapeutics (TVTX) drew notable volume across strikes and expirations. For CPRI, 16,514 contracts traded (each contract covers 100 shares), about 1.7 million underlying shares, roughly 70.9% of the 1-month average daily volume of 2.3 million. The standout was the $27.50 call expiring Feb. 20, 2026, with 5,234 contracts (~523,400 shares). For RDDT, 28,033 contracts (~2.8 million shares; ~70.8% of the 4.0 million monthly average). The $275 call expiring Jan. 9, 2026 drew 2,206 contracts (~220,600 shares). For TVTX, 12,199 contracts (~1.2 million shares; ~70% of the 1.7 million average). The $35 put expiring Jan. 16, 2026 moved 10,868 contracts (~1.1 million shares).

Noteworthy Monday Option Activity: SKYT, JOBY, QCOM

January 5, 2026, 3:52 PM EST. Options contracts, each representing 100 shares, dominated Monday's session in SKYT, JOBY and QCOM. SkyWater Technology Inc. traded 8,737 contracts, about 873,700 shares, roughly 56% of its 1.6 million daily average. The standout was the 1,524 contracts of the $20 strike call expiring April 17, 2026 (about 152,400 shares). Joby Aviation tallied 88,171 contracts, about 8.8 million shares and 53.4% of its 16.5 million average, led by 19,565 contracts in the $14 strike put expiring March 20, 2026 (about 2.0 million shares). Qualcomm watched 38,883 contracts, about 3.9 million shares and 52.9% of its 7.3 million daily average, with 3,942 contracts in the $180 strike call expiring January 9, 2026 (about 394,200 shares).

Notable Monday Option Activity: TTD, REPL, UPST See Elevated Volume

January 5, 2026, 3:51 PM EST. Options flow picked up for The Trade Desk (TTD), Replimune (REPL) and Upstart (UPST) on Monday. TTD logged 69,953 contracts traded, roughly 7.0 million underlying shares, about 50.9% of its month-average daily volume of 13.7 million. The most active strike was the $35 put expiring Jan. 16, 2026, with 7,890 contracts, about 789,000 shares. REPL options totaled 6,830 contracts, about 683,000 shares or 50.6% of its 1.3 million-average daily volume; the standout was the $7 put expiring Apr. 17, 2026, with 2,313 contracts (~231,300 shares). UPST options saw 22,484 contracts, ~2.2 million shares or 48.1% of its 4.7 million average; the top strike was the $50 call expiring Jan. 16, 2026, with 1,226 contracts (~122,600 shares).

Noteworthy Monday Option Activity: COP, DELL, SPOT

January 5, 2026, 3:50 PM EST. Options activity in COP, DELL and SPOT drew notable volume on Monday. In COP, 46,423 contracts traded, about 4.6 million underlying shares, roughly 64.4% of the 1-month average. Note: one option contract typically represents 100 shares. The session's standout was the $105 strike call expiring March 20, 2026, with 3,632 contracts (≈363,200 shares). In DELL, 32,346 contracts changed hands, about 3.2 million shares or 64.4% of the month's average; the $130 strike call expiring January 9, 2026 led with 1,674 contracts (≈167,400 shares). For SPOT, 10,373 contracts traded, about 1.0 million shares or 64.1% of the 1-month average; the $600 strike put expiring January 16, 2026 led with 1,162 contracts (≈116,200 shares).

Noteworthy Monday Option Activity in ROKU, HUT and RDW

January 5, 2026, 3:49 PM EST.ROKU Inc saw 16,258 options contracts traded today, about 1.6 million underlying shares (each contract represents 100 shares), roughly 56.6% of its 1-month average daily volume of 2.9 million shares. The heaviest action centered on the $130 call expiring March 20, 2026, with 2,074 contracts, about 207,400 shares. Similarly, HUT posted 39,804 contracts today, about 4.0 million shares or 56.5% of its 1-month ADV of 7.0 million. The standout was the $58 call expiring January 16, 2026, with 8,487 contracts, equating to roughly 848,700 shares. RDW showed 83,381 contracts today, about 8.3 million shares or 56.3% of its 1-month ADV of 14.8 million. The most active strike was the $10 call expiring May 15, 2026, with 14,475 contracts (about 1.4 million shares). Data from StockOptionsChannel.

Noteworthy Monday Options Activity: HROW, AR, FOUR

January 5, 2026, 3:48 PM EST. Harrow Inc (HROW) saw 3,633 option contracts traded today, about 363,300 underlying shares (each contract covers 100 shares). This volume equals roughly 66% of HROW's 1-month average daily trading volume of 550,435 shares. The heaviest activity centered on the $70 strike call option expiring Jan. 16, 2026, with 2,716 contracts (~271,600 shares). Antero Resources Corp (AR) posted 31,767 contracts, ~3.2 million underlying shares, or 64.9% of its 1-month ADV of 4.9 million. The standout is the $28 strike put option expiring Feb. 20, 2026, with 23,642 contracts (~2.4 million shares). Shift4 Payments Inc (FOUR) showed 9,949 contracts today, about 994,900 shares, 64.9% of its ADV of 1.5 million. The $65 strike call option for March 20, 2026 drew 4,127 contracts (~412,700 shares). For more expirations, see StockOptionsChannel.com.

Notable Monday Options Activity: ARWR, MS, MPC

January 5, 2026, 3:47 PM EST. Among Russell 3000 components, ARWR, MS and MPC posted notable options activity today. ARWR traded 11,698 contracts, about 1.2 million underlying shares, or roughly 47.5% of its 1-month average daily volume. The standout is the $70 strikecall option (a right to buy at the strike price) expiring January 16, 2026, with 2,457 contracts (~245,700 shares). MS saw 24,193 contracts (~2.4 million shares) or about 47.3% of its 1-month average. The $185 strike call expiring January 9, 2026 registered 3,019 contracts (~301,900 shares). MPC moved 10,802 contracts (~1.1 million shares), about 47.3% of its monthly average; the $185 strike call expiring January 16, 2026 totaled 5,048 contracts (~504,800 shares). Data via StockOptionsChannel.com.

Noteworthy Monday Option Activity: SMR, AFRM, PTON

January 5, 2026, 3:46 PM EST. Options activity tracked in Russell 3000 components showed notable volume in Nuscale Power Corp Class A (SMR), Affirm Holdings (AFRM) and Peloton Interactive (PTON). Through today, SMR option volume reached 206,422 contracts, about 20.6 million underlying shares, equaling roughly 88.6% of SMR's 1-month average daily volume of 23.3 million shares. The heaviest focus was the $20 strike call expiring January 09, 2026, at 30,199 contracts (~3.0 million shares). AFRM traded 37,622 contracts (~3.8 million shares), about 82.7% of its 1-month ADV of 4.6 million; heavy activity was the $40 strike put expiring March 20, 2026 with 3,051 contracts (~305,100 shares). PTON saw 52,511 contracts (~5.3 million shares), about 78.1% of its 6.7 million ADV; notable was the $10 strike call expiring January 15, 2027 with 27,774 contracts (~2.8 million shares).

UnitedHealth Group undervalued after ~33% retreat; DCF implies $847.44 intrinsic value

January 5, 2026, 3:44 PM EST. UNITEDHEALTH GROUP is trading at $336.40, after a 32.9% drop in the past year and a 27.5% slide over three years; weekly and 30-day gains are modest. The pullback sharpens focus on valuation against fundamentals. A valuation score of 5 out of 6 flags the setup. The Discounted Cash Flow (DCF) model projects future cash flows and discounts them to today, using a 2-stage Free Cash Flow to Equity (FCFE) approach. LTM cash flow is about $17.1 billion; assessments assume $27.1 billion by 2029, yielding an intrinsic value of about $847.44 per share. At $336.40, that implies roughly 60% undervalued on this method. The P/E (price-to-earnings) ratio sits at 17.32x, below the healthcare sector (22.24x) and peers (22.45x). Simply Wall St's implied fair P/E is 37.79x.

Applied Digital vs. Nebius: evaluating AI data-center and cloud-infrastructure bets

January 5, 2026, 3:42 PM EST. Applied Digital (APLD) and Nebius (NBIS) have more than tripled in the past year, but offer different AI infrastructure bets. Applied Digital pivots from Bitcoin mining to cloud, AI, and HPC data centers and leases capacity; it will spin off Sai Computing and merge with EKSO Bionics to form ChronoScale, delaying near-term growth. Its core is long-term leases, including about $16 billion in commitments and expansion at Polaris Forge 1, with a potential move toward a REIT structure, though losses delay that path. For fiscal 2026, analysts expect revenue up about 38% to $297 million and a net loss around $91 million; EV near $8 billion implies about 27x sales. Nebius, formerly Yandex, provides cloud-based AI infrastructure and targets a broad client base, drawing bullish interest.

Artrya Among Australian High-Growth Tech Stocks as ASX Opens Flat in 2026

January 5, 2026, 3:41 PM EST. Artrya Ltd, an Australian medical-tech company developing an AI-driven CCTA image analysis platform for coronary artery disease, has a market cap around A$792 million. Current revenue is about A$0.03 million, but revenue growth is forecast near 50.5% and earnings growth about 61.25% annually, on a multi-year path to profitability. The stock carries a growth rating on a prominent screener and faces dilution risk from recent equity issuances. In a 2026 start where the ASX was broadly flat and IT names declined, Artrya stands out as a high-growth bet within Australia's tech landscape. Peers highlighted in the screener include Cogstate and Wrkr. Key monitors will be R&D spend and capital allocation as the company pursues commercialization and scale.

DSGR crosses above 200-day moving average as shares jump

January 5, 2026, 3:40 PM EST. Distribution Solutions Group Inc (DSGR) shares rose after crossing above their 200-day moving average of $28.51, trading as high as $29.60 on Monday and currently up about 5.6%. The day's action places the stock near $29.59 after a high intraday. The move follows a signal many traders monitor: the 200-day moving average is a long-term trend line derived from the past 200 sessions. DSGR's 52-week range is $21.87 to $35.29. A break above the moving average can be a bullish indicator, but it does not guarantee further gains.

Hogs Rise on Monday as Futures Gain; USDA Data Show Mixed Signals

January 5, 2026, 3:39 PM EST. Lean hog futures rose $2.25 to $2.60 on Monday, with prices climbing as traders digest demand signals. The USDA did not publish a national base hog price Monday morning due to thin volume. The CME Lean Hog Index closed December 31 at $81.85, down 41 cents. USDA Export Sales for the week ended 12/25 showed net cancellations of 336 MT for 2025 and sales of 53,441 MT for 2026, with shipments of 26,142 MT. The pork carcass cutout value rose $1.88 to $96.45 per cwt, while rib and ham primals were the only components lower. USDA estimated last week's federally inspected hog slaughter at 2.228 million head, up 250,000 from the prior week but down 41,794 from a year earlier. Futures for Feb, Apr and May hogs were higher at $86.325, $91.700 and $95.650, respectively.

PCH crosses above 200-day moving average; shares rise to intraday high

January 5, 2026, 3:38 PM EST. PotlatchDeltic Corp (PCH) crossed above its 200-day moving average of $54.30, trading as high as $55.06 on Tuesday. The shares were up about 4.9% for the session. The 200-day moving average, a common long-term trend gauge, acts as a support/resistance reference; a breakout above it can signal momentum. PCH's 52-week range spans $48.82 to $61.77, with the latest trade near $55.03. The move comes as investors monitor crossovers above key technical levels; a related chart compares one-year performance to the moving average. The views are those of the author and not necessarily Nasdaq, Inc.

MRTN crosses above 200-day moving average as shares rise

January 5, 2026, 3:36 PM EST. Marten Transport Ltd (MRTN) shares rose Monday after crossing above their 200-day moving average of $12.04, trading as high as $12.35. The stock was up about 7.7% on the session. The move signals momentum beyond the long-term trend; the 200-day moving average is a widely followed indicator that smooths roughly 10 months of price data to gauge momentum. The last trade was around $12.32, with a 52-week range of $9.35 to $16.95. Monday's action could set the stage for testing nearby resistance.

Cheesecake Factory crosses above 200-day moving average

January 5, 2026, 3:35 PM EST. On Monday, Cheesecake Factory Inc. (CAKE) shares rose above their 200-day moving average of $54.63, trading as high as $54.92. The stock was last up about 3.9% on the session. The 200-day moving average is a long-term trend line; crossing above can be viewed as a bullish signal for traders. The latest print leaves CAKE near the middle of its 52-week range of $42.69 to $69.70, with the last trade at $54.78.

WABC crosses above 200-day moving average; shares rise

January 5, 2026, 3:34 PM EST. WestAmerica Bancorporation (WABC) shares rose after crossing above their 200-day moving average of $48.59, a common long-term trend indicator, with intraday highs at $49.50. The stock was up about 3.2% on the day. The move sits near the middle of its 52-week range of $42.835 to $53.855, with a last trade of $49.45.

Simmons First National SFNC crosses above 200-day moving average

January 5, 2026, 3:33 PM EST. Shares of Simmons First National Corp (SFNC) climbed after trading above its 200-day moving average of $20.89 on Friday, touching as high as $20.98. The stock was up about 4.3% on the session. The cross anchors the shares near the long-term trend line investors monitor for momentum. The 52-week range extends from $17.20 to $25.95, with the latest print near $20.89. A 200-day moving average reflects the average price over roughly the past 200 trading days, a common gauge of trend direction. While such crosses can signal bullish momentum, they do not guarantee further gains.

Unusual Volume in DJ Brookfield Global Infrastructure ETF (TOLZ) Leads Monday Session

January 5, 2026, 3:32 PM EST. Unusually high volume hit the DJ Brookfield Global Infrastructure ETF, ticker TOLZ, in Monday afternoon trading. The fund, an ETF (exchange-traded fund) targeting global infrastructure, saw more than 352,000 shares change hands, well above its three-month average of about 26,000. TOLZ was down roughly 0.9% on the session. Among the ETF's components, Energy Transfer traded down about 0.9% on volume exceeding 12.4 million; Kinder Morgan rose about 0.1% on more than 10.7 million shares. Corporacion America Airports led the gains within the index, up around 2.7%, while Sempra lagged, down about 3%. The session underscores active turnover in infrastructure names, though the ETF's move remains modest.

Corn futures rally after holiday week; cash price climbs on USDA data

January 5, 2026, 3:31 PM EST. Corn futures rallied Monday after the holiday week, with nearby contracts up about 7.25 cents. The CmdtyView national average cash price rose 7.25 cents to $4.06 1/2. USDA export shipments for the week ended Jan. 1 totaled 1.207 MMT (47.5 mbu), down 9.6% from the prior week but up 37.6% from a year earlier. Japan was the top destination at 294,366 MT, followed by Mexico at 243,382 MT and Guatemala at 90,557 MT. Marketing year exports for 2025/26 reached 26.81 MMT since Sept. 1, up 64.8% versus a year ago. An additional 119,195 MT of sorghum went to China. The USDA Grains Crushing report showed November ethanol use at 471.87 mbu, slightly above last year and 0.7% below October. Mar 26 corn sits at $4.44 3/4; nearby cash is at $4.06 1/2.

Cattle futures extend gains into Monday as feeder bids rise and boxed-beef prices firm

January 5, 2026, 3:29 PM EST. U.S. live cattle futures edged higher at Monday's midmorning, with the nearby February contract up 0.20 and other months higher. Cash trade from last week settled at $232-$233 per cwt. Feeder cattle futures climbed as much as $3.50 at midday. The CME Feeder Cattle Index rose to $350.22 on January 1. The Oklahoma City feeder auction for Monday is estimated at 9,800 head, with demand described as moderate to good. Export sales data for the week ending December 25 show net cancellations of 2,127 MT for 2025 and sales of 7,379 MT for 2026; shipments were 7,379 MT. USDA boxed beef prices were higher, with Choice at $354.03 and Select at $349.55 (spread $4.48). Slaughter through federally inspected channels reached 474,000 head last week, up 48,000 from the prior week but down 30,893 versus last year.

Cotton futures rise as oil gains and dollar weakens

January 5, 2026, 3:28 PM EST.Cotton futures rose on Monday, with nearbys gaining about 63-68 points as the market extended gains in the commodity complex. Crude oil futures added 92 cents to $58.24 a barrel, while the U.S. dollar index slipped to 98.06. The USDA Export Sales report showed 133,996 running bales sold during the week ending 12/25, with 140,723 bales shipped. The Seam auction tallied 4,796 bales at 57.81 cents/lb. The Cotlook A Index held at 74.30 cents; ICE-certified stocks sat at 11,510 bales. The Adjusted World Price rose 74 points to 50.76 cents per lb. Futures quotes: Mar 26 at 64.69, May 26 at 66.03, Jul 26 at 67.35, all higher.

Wheat futures rise across SRW, HRW and MPLS as weekly export data show mixed demand

January 5, 2026, 3:27 PM EST.Wheat futures were higher across the three exchanges by midday Monday. Chicago SRW futures gained 5-6 cents, KC HRW up 8-9 cents, and MPLS spring wheat 2-3 cents higher. Export inspections for the week of 1/1 totaled 183,305 metric tons, down about 42% from the prior week and 56% from the year-ago week. The Philippines led destinations at 74,996 MT, followed by Mexico (70,722 MT) and Japan (33,571 MT). The marketing year total shipped reached 15.263 MMT, roughly 20% above a year earlier. Separately, USDA Export Sales for the week of Christmas showed 95,385 MT sold, a marketing-year low and 32% below the year-ago week. December-end futures: CBOT Mar 26 at $5.12 1/2, May 26 at $5.23 1/2; KCBT Mar 26 at $5.23 3/4, May 26 at $5.36 1/4; MIAX Mar 26 $5.73, May 26 $5.83 3/4.

Soybeans rally Monday as futures rise; deliveries and exports in focus

January 5, 2026, 3:26 PM EST. Soybeans posted a Monday rally as traders returned to thin markets. Front-month futures rose about 15 to 18 ¼ cents; there were 401 deliveries against January soybeans issued Friday. The cmdtyView cash price climbed 16 ¾ cents to $9.87 1/2. Soymeal gained about $3.50-$4 and soy oil rose 60-67 points. Export inspections showed shipments of 980,518 MT (metric tons) for the week ended New Year's Day, up 24.3% week-to-week but down 26.7% from a year ago, with China as the top destination at 397,069 MT. Marketing-year shipments total 16.4 MMT, down 45.3% year over year. On Jan 26, soybeans futures were quoted: Jan 26 at $10.47 3/4; nearby cash at $9.87 1/2; Mar 26 at $10.62; May 26 at $10.74 1/4.

Phillips 66's midstream push aims to bolster resilience amid softer crude prices

January 5, 2026, 3:15 PM EST. Phillips 66 (PSX) is leveraging its integrated model to offset crude swings, with a growing emphasis on midstream and chemicals. A softer WTI near $60/bbl supports lower feedstock costs for downstream operations, while fee-based midstream revenues underpin stable cash flow. PSX rents space on its pipelines and storage facilities to shippers, delivering recurring income even when volumes vary. The strategy contrasts with peers like PBF and VLO, which rely more on refining and face greater crude-price exposure. Valuation sits higher versus peers, with an EV/EBITDA around 13.7x vs. industry 4.5x; Zacks Rank is #1 (Strong Buy). The stock has outpaced the sector over the past year, aided by midstream contributions.

Energy Fuels trades at premium valuation as 2025 output backs long-term uranium contracts

January 5, 2026, 3:14 PM EST. Energy Fuels Inc. (Energy Fuels) (UUUU) trades at a forward price-to-sales ratio (37.18X), well above the non-ferrous mining industry's (4.30X), signaling a steep valuation for expected sales. The stock's Value Score of F flags the premium. By comparison, uranium peers Cameco Corp (CCJ) and Centrus Energy (LEU) trade at about 17.31X and 10.1X. The shares have surged roughly 186% in the past year, outpacing the sector. The White Mesa Mill has processed over 1 million pounds; Energy Fuels mined 1.6 million pounds in 2025, topping the high end of its target. For Q4 2025, sales are seen at roughly 360,000 pounds at $74.93 per pound (~$27 million). Long-term contracts span 2027-2032; 2026 guidance points to 780,000-880,000 pounds. COGS are expected to fall in Q1 2026 as low-cost Pinyon Plain ore is added.

MP Materials Trades at Premium Valuation Ahead of Growth Catalysts

January 5, 2026, 3:13 PM EST. MP Materials is trading at a forward 12-month price-to-sales multiple of 22.93x, a stark premium to the industry's 1.44x, and carries a Value Score of F, signaling stretched valuation. Peers show USA Rare Earth at 57.12x and Lynas at 10.67x. The stock has surged about 168.7% in the past year, outperforming the sector and the S&P 500. Catalysts cited by Zacks include a long-term agreement to supply Apple with U.S.-made, recycled rare-earth magnets and a DoD (Department of Defense) partnership to accelerate a domestic supply chain, plus a joint venture with Maaden for a Saudi refinery. NdPr (neodymium-praseodymium) production rose 51% QoQ to 721 metric tons in Q3 2025, with nine-month NdPr output up 114% YoY. Risks: valuation and execution.

Sensex retreats, rupee slides on tariff threat; Indian markets weighed by tariffs

January 5, 2026, 3:12 PM EST. Indian stocks closed lower on Monday as fresh tariff remarks from the U.S. president weighed on sentiment. The Sensex fell 0.4% to 85,440, led by HDFC Bank, technology names and Reliance Industries. The NSE Nifty slipped 0.3% to 26,250. The rupee weakened for a fourth session, finishing 0.10 rupee weaker at 90.30 per dollar amid risk-off demand. The currency has shed about 0.55 rupees since December 30, 2025. Globally, most Asian benchmarks rose while Dow Jones posted an all-time high as energy and defense stocks rallied on geopolitical developments; US crude near $58, Brent around $61.5. The S&P energy index up 1.3%, with Exxon Mobil and Chevron up about 1% and 4%, and Lockheed Martin and General Dynamics higher, contributing to fresh highs in aerospace and defense. Investors also watched tariff policy signals.

Algoquant Fintech Debuts on NSE, Secures Dual Listing with BSE

January 5, 2026, 3:11 PM EST. Algoquant Fintech Limited has been admitted on the NSE for trading its entire issued, subscribed, and fully paid-up equity share capital of 28,10,96,028 shares in the Capital Market segment, following NSE approval on January 2, 2026. Formerly Hindustan Everest Tools Limited, the company positions itself as a technology-driven fintech focused on hedged derivatives arbitrage and high-frequency trading in Indian markets. It will continue to trade on the BSE under scrip code 505725, marking a dual listing that can improve price discovery and liquidity and raise institutional visibility for mid-sized issuers. Headquartered in GIFT City, Gandhinagar, Algoquant relies on fully hedged strategies, ultra-low latency execution, and robust risk management, with disclosures via NSE's NEAPS and BSE systems under the LODR framework.

AI-generated signals for Mackenzie Master Limited Partnership (MKZ.UN:CA) prompt trading plans

January 5, 2026, 3:10 PM EST. Updated AI-generated signals for Mackenzie Master Limited Partnership (MKZ.UN:CA) were released with a pair of trading plans. Traders are urged to buy near 0.44 with a target 0.47 and a stop at 0.44, and to short near 0.47 with a target 0.44 and a stop at 0.47. The note urges readers to check the data timestamp and references an updated signal feed. On January 5, ratings show Strong across near, mid and long terms for MKZ.UN:CA. The material notes that the signals are AI-driven algorithm-based ideas, not guarantees, and includes mention of an accompanying chart.

Could investors bag a 17% dividend yield with shares in this UK retailer?

January 5, 2026, 2:57 PM EST. B&M European Value Retail (LSE:BME) trades with an 8% ordinary dividend yield, augmented by regular special dividends. Over 12 months, total cash returned was 28.2p, including 13.2p in regular dividends and 15p in specials, which at today's prices implies about a 17% yield. But the outlook is uncertain: management has cut the special dividend twice since 2022, and weak like-for-like growth plus higher costs have pressured margins. An October £7m accounting irregularity tied to overseas freight costs has prompted an independent investigation; guidance on future dividends is unclear. Investors face a potential trade-off between an appealing headline yield and regulatory/accounting risk, with the outcome dependent on the investigation and future trading results.

Goldman Sachs lifts TSMC price target on AI demand

January 5, 2026, 2:56 PM EST. Goldman Sachs boosted its price target for Taiwan Semiconductor Manufacturing to NT$2,330 from NT$1,720, effectively implying an ADR-derived target of about $370-$375 and a roughly 16%-17% upside from the stock's near $320 level. An ADR (American Depositary Receipt) represents five Taiwan shares. The upgrade signals AI demand as a multi-year growth driver and highlights TSMC's capacity discipline and capital expenditure. Analyst Bruce Lu raised 2026-2027 EPS by 9%-15%, with 2027 EPS seen at NT$100 and sales growth of about 30% in 2026 and 28% in 2027. Management guidance points to more than $150 billion in capex 2026-28, with gross margins above 60%. TSMC remains a critical bottleneck in the AI chip supply chain.

Dow stock overvalued after 34% one-year decline; DDM shows ~US$12.54 intrinsic value vs US$24.27 price

January 5, 2026, 2:54 PM EST. Dow's shares closed at US$24.27, up 3.9% in the past week and 5.7% in the past month, but down 34.4% over the last year. A Dividend Discount Model (DDM) analysis yields an intrinsic value of about US$12.54 per share, implying the stock is roughly 93.5% overvalued on this dividend-based view. The inputs include a dividend per share of US$1.39, an ROE of 6.41% and a payout ratio near 151%, suggesting dividends have exceeded earnings and driving negative implied dividend growth of about 3.3% annually. A price-to-sales (P/S) ratio of 0.42x provides a cross-check against the sector average of 1.06x. The report also cites a discounted cash flow (DCF) view in Dow's company report dated January 2026.

Nike stock valuation stretched vs peers as growth trajectory tested

January 5, 2026, 2:49 PM EST. Nike's stock trades at a forward P/E of 30.34x, above the industry average of 27.16x, signaling a stretched valuation despite solid fundamentals. The forward P/S sits at 1.95x versus 1.79x for peers, and the firm carries a Value Score of D, suggesting limited near-term value at current levels. In comparison, adidas, Steven Madden and Wolverine World Wide fetch forward P/Es of 16.2x, 19.9x and 13.37x, respectively. Shares have fallen 17.3% in six months, underperforming the broader industry (-15.4%), the Consumer Discretionary sector (-7.6%), and the S&P 500 (+12.9%). At $63.28, Nike trades about 23% below its 52-week high of $82.44 and 21% above its 52-week low of $52.28, and sits below its 50-day moving averages and 200-day moving averages, a sign of bearish sentiment. Near-term earnings commentary flagged uneven revenue trends and a slower reset of growth.

Pinnacle Financial completes $8.6B all-stock merger with Synovus

January 5, 2026, 2:48 PM EST. Pinnacle Financial Partners, Inc. (PNFP), has completed its all-stock merger with Synovus Financial Corporation in an $8.6 billion deal. The merger closed Jan. 2, 2026, with Pinnacle shareholders owning about 51.5% and Synovus holders about 48.5% of the combined company. On a pro forma basis as of Sept. 30, 2025, the holding company reported $117.2 billion in assets, $95.7 billion in deposits and $80.4 billion in loans, and operates over 400 locations across nine states in the Southeast and Atlantic Coast. The transaction created a single holding company under the name Pinnacle Financial Partners; Pinnacle Bank is the surviving bank and the group became a Federal Reserve System member. PNFP trades on the NYSE under ticker PNFP. Brand consolidation under Pinnacle is expected in early 2027 with minimal disruption in 2026.

Aris Mining advances key projects as Segovia boosts output and Marmato eyes long-term growth

January 5, 2026, 2:47 PM EST. Aris Mining Corporation (ARMN) posted 3Q25 gold output of 73,236 ounces, up 36.6% year over year, led by the Segovia mine after its second mill was commissioned. The Segovia plant processed 219,550 tons in the quarter, up 31.6%. The Marmato project remains the long-term growth catalyst, with bulk mining development advancing and first gold expected in H2 2026. Marmato produced 75,220 tons in 3Q, versus 70,256 a year earlier. Together, the results reinforce potential transformation for ARMN and momentum into the coming quarters. Peers show Barrick and B2Gold pursuing high-return projects; ARMN trades at a forward P/E of 7.19x vs 13.47x for the industry, with Zacks Rank #3 (Hold).

Procter & Gamble Delivers, but Volume Growth Remains a Worry; CHD, Colgate See Similar Headwinds

January 5, 2026, 2:46 PM EST. Procter & Gamble delivered solid first-quarter fiscal 2026 earnings, supported by pricing, productivity gains and a premium-product mix. Yet volume growth remains a concern as demand softens in developed markets, notably North America, where higher prices and promotions suppress consumption. Management says restoring volume through superior product performance and value propositions is a priority amid competing private-label offerings. The company is rolling out product upgrades, expanding digital engagement and reinvesting productivity savings into brand support to reignite demand. Gains in China and select Latin American markets could offset U.S. softness. Across the sector, Church & Dwight and Colgate-Palmolive report similar headwinds, with success hinging on innovation, price-pack discipline and targeted marketing to sustain volume growth.

Stitch Fix Q1 FY2026 RPAC Rises to $559; AOV Up Nearly 10% as Competition Looms

January 5, 2026, 2:45 PM EST. Stitch Fix reported a strong start to fiscal 2026 as RPAC rose to $559, up 5.3% year over year, marking the seventh straight quarter of growth. The company also posted nearly 10% AOV gains this quarter, the ninth consecutive YoY uptick, driven by a reimagined client experience and a broader, higher-quality brand assortment. With 2.3 million active clients, Stitch Fix maintained momentum but faces questions on whether RPAC can keep climbing given tougher comparisons in H2 fiscal 2025 and lingering inflation and weaker consumer confidence. Management cited ongoing product innovation and personalization to boost engagement and retention. Competition from Designer Brands and GAP remains a drag on margins; valuation sits around forward P/S of 0.5.

Willdan expands municipal advisory reach with Compass acquisition

January 5, 2026, 2:44 PM EST. Willdan Group Inc. completed the acquisition of Compass Municipal Advisors through its Willdan Financial Services unit, expanding its municipal advisory platform in the Southeastern United States. Compass adds registered municipal advisory capabilities to Willdan's data-driven, government-facing services. The deal follows Willdan's 2025 inorganic growth drive, which included the acquisitions of Alpha Inspections and APG to broaden building, safety, electrical engineering and construction management capabilities and enter high-growth energy markets. In after-hours trading Friday, WLDN rose about 2.3% and shares have gained roughly 45.6% over six months, outpacing the industry's decline. Willdan maintains an active acquisition pipeline and seeks to scale capabilities across infrastructure and clean-energy sectors.

Wells Fargo stock climbs on asset-cap relief and rate outlook; ROTCE target raised

January 5, 2026, 2:43 PM EST.Wells Fargo & Company shares have risen about 18.6% in the past three months, outperforming peers. The Federal Reserve removed the asset cap in June 2025, freeing balance-sheet growth and enabling higher deposits, loan balances and securities holdings. Management signaled a broader path to revenue diversification, including fee-based businesses and options clearing. The bank also boosted its ROTCE target to 17-18% from 15%. On funding and loan yields, the bank's net interest income (NII) rose steadily through 2024, though NII fell 1.9% in the first nine months of 2025 to $35.15 billion due to higher funding costs. With rate cuts, NII is seen stabilizing; 2025 NII is expected around 2024's $47.7B. Wells Fargo aims to simplify through the year, cutting non-core units to free capital for core franchises, with cost savings up to $10 billion annually.