U.S. Stocks May Slide in Early Friday Trading Amid Intel Weakness and Geopolitical Concerns
January 24, 2026, 3:19 AM EST. U.S. stocks are expected to open lower on Friday with S&P 500 futures down 0.2 percent after sharp gains earlier in the week. The rise followed President Trump's retreat from military action over Greenland and tariffs on Europe. Focus has shifted back to the Middle East as Trump warns an "armada" heads toward Iran amid regional tensions. Intel (INTC) shares plunged nearly 13 percent pre-market despite better-than-expected earnings, due to weak guidance. Thursday's session saw modest gains for major U.S. indexes, partly recovering from Tuesday's drop. Asian markets mostly rose, while European markets showed mixed results. Crude oil prices rebounded around $60.53 a barrel, gold climbed, and the dollar held steady against the yen and euro.
US Manufacturing and Services PMIs Signal Slower Growth in January, Markets Stall
January 24, 2026, 3:18 AM EST.US economic data showed mixed signals with the January US Manufacturing Purchasing Managers' Index (PMI) at 51.9, slightly below forecasts but still indicating growth. The Services PMI came in at 52.5, unchanged but below expectations. The Composite PMI edged up to 52.8 but missed economist estimates. PMI measures the health of manufacturing and services through surveys, where readings above 50 indicate expansion. S&P Global's Chris Williamson noted steady economic growth but a cooling pace since fall, citing rising costs from tariffs pressuring inflation and affordability. This backdrop followed a volatile week in markets, with Dow, S&P 500, and Nasdaq futures stalling after Intel's earnings fell short of estimates.
Amphenol (APH) Shares Surge 97% in a Year But Show Signs of Overvaluation
January 24, 2026, 3:17 AM EST. Amphenol (APH) shares have surged 97% over the past year, closing at $150.99, drawing fresh investor attention due to its key role in communications and industrial markets. However, valuation analysis raises concerns of an overheated stock. A Discounted Cash Flow (DCF) model estimates intrinsic value at $93.29 per share, suggesting the stock is about 62% overvalued relative to current prices. Meanwhile, Amphenol trades at a price-to-earnings (P/E) ratio of 48.37, far above the electronics industry average of 26.93, implying expectations for strong growth or low risk that may be optimistic. Short-term price fluctuations, including a recent 2.2% weekly drop, reflect mixed market sentiment amid these high valuations.
Singapore Airlines stock steady at S$6.42 ahead of key macro updates
January 24, 2026, 3:14 AM EST. Singapore Airlines shares held steady at S$6.42 last week, with the stock trading in a narrow band despite ongoing concerns over rising fuel and maintenance costs. Passenger demand remains robust; the airline reported a 1.9% year-on-year increase in traffic and a near record 87.9% load factor, though planes are slightly less full than last year. Investors now await the Monetary Authority of Singapore's policy update on Jan. 29 and a business update from the airline in late February. Funding is under focus as SIA priced S$500 million in notes maturing in 2036 for aircraft purchases and refinancing. External factors such as jet fuel price volatility following U.S. winter storms continue to influence market sentiment.
US Natural Gas Prices Surge Amid Historic Arctic Winter Storm
January 24, 2026, 3:06 AM EST. Natural gas prices climbed sharply, with February Nymex futures up 4.56%, driven by a historic Arctic cold front set to impact 24 US states this weekend. The storm threatens gas production, especially in Texas, a key production hub less equipped for extreme cold. US natural gas production forecasts have been revised down for 2026 by the EIA amid concerns about weather disruptions. Despite record-high production and steady rig counts, inventories remain above average but are being drawn down faster than expected. Exports via LNG terminals continue to increase, adding upward pressure. Electricity output shows mixed signals with recent declines but annual increases, complicating demand projections. Overall, the cold weather and supply risks underpin the recent surge in natural gas prices.
Genting Singapore Stock Steady at S$0.73 Ahead of Full-Year Results on Feb 24
January 24, 2026, 3:04 AM EST. Genting Singapore's shares closed flat at S$0.730, with 33.6 million shares traded, reflecting investor caution amid ongoing Resorts World Sentosa renovations. The casino operator's planned S$6.8 billion Sentosa revamp includes two new luxury hotels and targets completion in 2030. Market focus is on Feb. 24 full-year results, expected to reveal insights on gaming volume, hold (casino's retained bets portion), and non-gaming revenue streams like rooms and food. The recent two-year casino licence renewal with cautious remarks by regulators adds risk. As Singapore markets reopened Monday, traders vigilantly awaited company updates and market direction ahead of earnings-driven positioning.
Dream Office Real Estate Investment Trust Shares Surge Past 200-Day Moving Average
January 24, 2026, 3:03 AM EST. Dream Office Real Estate Investment Trust (TSE:D.UN) saw its share price climb above the 200-day moving average to C$19.10 on Friday, surpassing the average of C$18.05. Trading volume reached 6,435 shares. Analysts from National Bankshares and CIBC raised price targets to C$21.50 and C$18.50 respectively, while consensus ratings remain at 'Hold'. With a market cap of C$312.65 million, the REIT reported Q3 earnings of -C$3.09 per share on C$45.94 million revenue and carries a high debt-to-equity ratio of 115.31. The trust focuses on leasing office properties largely in Ontario and Alberta, generating rental income through mid- to long-term leases. Investors are closely watching for future earnings projections amid recent analyst upgrades.
Enbridge Shares Climb Above 200-Day Moving Average Amid Analyst Price Target Changes
January 24, 2026, 3:02 AM EST. Enbridge Inc. (TSE:ENB) stock surged above its 200-day moving average of C$65.74, reaching C$66.05 on high trading volume. The move signals positive momentum as analysts adjust price targets. Jefferies cut its target to C$71, while BMO, Barclays, and Raymond James raised theirs, reflecting mixed sentiments. MarketBeat rates the stock as a Moderate Buy with a consensus target of C$71.50. Enbridge's latest earnings showed C$0.46 per share and revenue of C$14.64 billion. The company offers a 5.7% dividend yield, despite a high payout ratio of 146.76%, supporting steady investor income. Its market cap stands at C$144.19 billion with a PE ratio of 25.9.
Canlan Ice Sports Surpasses 200-Day Moving Average on Toronto Exchange
January 24, 2026, 3:01 AM EST. Canlan Ice Sports Corp (TSE:ICE) shares exceeded their 200-day moving average, closing at C$4.40 against a C$4.25 average on Friday, signaling potential momentum in the stock. The company, with a market cap of C$58.68 million, trades at a price-to-earnings ratio of 14.67 and a beta of -0.28, indicating modest volatility relative to the market. Recent earnings showed a loss of C($0.19) per share and revenue of C$21.14 million for the quarter. Despite a Hold rating from analysts, Canlan Ice Sports' financial health features a debt-to-equity ratio over 110 and a current ratio below 1, suggesting liquidity considerations. The firm operates in multi-purpose recreation and entertainment real estate across North America.
ADF Group (TSE:DRX) Stock Surpasses 200-Day Moving Average at C$8.33
January 24, 2026, 3:00 AM EST. ADF Group Inc. (TSE:DRX) shares climbed above their 200-day moving average of C$8.25, reaching C$8.40 intraday and closing at C$8.33 on Friday with 49,441 shares traded. The company reported quarterly earnings of C$0.36 per share and revenue of C$71.41 million, with a return on equity of 35.82%. ADF Group's current debt-to-equity ratio stands at 28.51, and its market capitalization is approximately C$237.85 million. Despite this technical uptick, analysts maintain a Hold rating on the stock, projecting 0.2 earnings per share for the year. ADF operates in steel structure design and fabrication, serving sectors such as office towers, commercial buildings, and industrial complexes.
Singapore Exchange shares rise on board-lot size cut plan; investors eye Feb 5 earnings
January 24, 2026, 2:59 AM EST. Shares of Singapore Exchange Ltd rose 1.27% after its regulatory arm proposed reducing standard trading lot sizes for pricier stocks, aiming to lower entry costs for retail investors. The plan would cut board lots to 10 units for stocks priced between S$10 and S$100 and to one unit for stocks over S$100. This move supports Singapore's broader S$5 billion equity market initiative to boost liquidity amid thin trading volumes. Fund managers like JPMorgan and Avanda have received part of the capital injection to stimulate local stock investments. SGX's upcoming half-year results on Feb 5 are closely watched for insights on cash equities and derivatives, even as the exchange expands into commodities and foreign exchange services targeting the Gulf region.
Higher Global Sugar Output Pressures Prices as Brazil and India Boost Production
January 24, 2026, 2:45 AM EST. Global sugar prices are under pressure due to higher production forecasts from major producers. Brazil's Center-South sugar output for 2025-26 rose 0.9% year-on-year to 40.222 million metric tons (MMT), with a higher ratio of cane crushed for sugar versus ethanol. The India Sugar Mill Association raised its output estimate for 2025-26 to 31 MMT, up 18.8% year-on-year, potentially increasing sugar exports after cutting ethanol use forecasts. The International Sugar Organization expects a surplus of 1.625 million MMT in 2025-26, reversing the previous deficit. However, a projected drop in Brazil's 2026-27 output could support prices. Funds hold record long positions in London white sugar futures, increasing price volatility risks amid abundant supplies.
Dollar Falls to 3.5-Month Low as Yen Strengthens and Precious Metals Reach Records
January 24, 2026, 2:44 AM EST. The U.S. dollar index dropped 0.82% to a 3.5-month low on Friday, pressured by a volatile yen that surged amid speculation of Japanese government intervention. Sterling hit a four-month high boosted by stronger UK manufacturing and retail data. Despite an upward revision in U.S. consumer sentiment to a five-month high, the dollar weakened due to expectations of modest Federal Reserve rate cuts and increased liquidity via Treasury bill purchases. The euro gained 0.60%, supported by better-than-expected Eurozone manufacturing PMI. The yen surged 1.67% against the dollar amid market uncertainty. These moves reflect investor caution over U.S. monetary policy and geopolitical developments, with markets pricing in low odds of ECB rate hikes and anticipation of a potentially dovish Fed chair appointment.
JTC Analyst Price Target Updates Shift Fair Value Perspectives
January 24, 2026, 2:43 AM EST. Analysts have recently revised their price targets for JTC (LSE:JTC), leading investors to rethink the company's fair value. These updates stem from new data influencing expectations on JTC's revenue, margins, and cash flow. Market watchers are encouraged to compare these targets with current share prices to gauge optimism or caution in analyst outlooks. Simply Wall St highlights that price targets alone don't tell the full story; investors should continuously review their assumptions through valuation metrics like discounted cash flow and price-to-earnings ratios. The platform's community narratives offer evolving insights as new information emerges, helping investors align market movements with JTC's financial prospects.
CapitaLand Investment Shares Rise Ahead of Feb 11 Earnings; STI Hits Record High
January 24, 2026, 2:41 AM EST. CapitaLand Investment shares gained 1.7% on Friday, extending a two-day rally to close at S$3.05 amid a global risk-on sentiment. The stock's movement reflects investor sensitivity to interest rates and property risks, critical factors for this leading Singapore real estate investment manager overseeing S$117 billion in assets. The broader Singapore market also hit a record close with the Straits Times Index up 1.3%. Market participants await CapitaLand Investment's full-year 2025 earnings due Feb 11, which could provide insight on fee income, fundraising, asset values, and capital management. Analysts anticipate earnings results will influence the stock's trajectory amid a cautious global backdrop.
Bellevue Gold's Output Rebound Amid High Costs Sparks Mixed Investment Outlook
January 24, 2026, 2:27 AM EST. Bellevue Gold (ASX:BGL) reported a 10% rise in gold production for the December 2025 quarter, reaching 32,031 ounces. This boost was driven by mining higher-grade zones and a new Chief Operating Officer appointment, aiming to stabilize operations after a challenging fiscal year. Despite the production increase and leadership changes, Bellevue Gold continues to face high costs above industry averages and past losses of A$45.89 million. The company's future performance hinges on sustaining output growth, reducing costs, and meeting production targets at Deacon North without additional large equity raises. Share price gains reflect optimism but analysts remain divided, with fair value estimates ranging from A$0.41 to A$415.29, highlighting lingering operational risks and varying views on Bellevue's investment potential.
Crude Oil Prices Surge Amid Dollar Weakness and Rising Geopolitical Tensions
January 24, 2026, 2:25 AM EST.Crude oil prices rose sharply, with March WTI crude up 2.88% marking a one-week high, supported by a 3.5-month low in the dollar index. Geopolitical risks intensified as Russia dismissed progress in Ukraine peace talks, maintaining territorial demands, which is expected to sustain restrictions on Russian crude supplies. Former President Trump renewed threats of U.S. military action against Iran following violent protests, further tightening oil market sentiment. Additionally, disruptions in Kazakhstan's oil fields and lowered global supply surplus forecasts by the IEA underpin prices. The U.S. Energy Information Administration also adjusted its 2026 oil production and consumption outlooks, impacting market dynamics. These developments collectively boosted crude and gasoline prices, highlighting heightened volatility in energy markets.
Macy's Shares Appear Undervalued Amid Recent Price Drop, DCF Model Shows
January 24, 2026, 2:09 AM EST. Macy's Inc (M) has seen a short-term share price pullback, falling 10.7% year to date to $20.32, despite a strong 38.7% gain over the past year. A Discounted Cash Flow (DCF) analysis values Macy's at around $28.03 per share, implying the stock trades at a 27.5% discount to intrinsic value. This suggests potential undervaluation, supported by a favorable free cash flow outlook through 2035. Currently, Macy's price-to-earnings (P/E) ratio of 11.33 is well below the Multiline Retail industry average of 20.07, indicating the market might be pricing in slower growth or higher risk. Investors eyeing the department store sector should consider this mix of short-term price volatility alongside longer-term fundamental strength.
Waste Management (WM) Stock Assessment Highlights Undervaluation Amid Recent Gains
January 24, 2026, 1:56 AM EST. Waste Management (WM) shares have gained momentum, with a recent price near $229.23 and positive returns over multiple time frames. The one-year total shareholder return stands at 11.08%, with a five-year return soaring 122.78%. Analysts estimate a fair value around $248.32, suggesting the stock is roughly 7.7% undervalued. Key growth drivers include strategic investments in sustainability and the integration of WM Healthcare Solutions, projected to generate $250 million in annual synergies by 2027. The stock's price-to-earnings ratio of 36x is above the industry average but below some peers, raising questions on risk versus comfort in its premium valuation. Investors should weigh these positives against risks from increased leverage and regulatory factors before deciding.
Amazon Offers AI Growth Potential Without Overvalued Risks
January 24, 2026, 1:55 AM EST. Investors wary of soaring AI stock valuations may find Amazon (AMZN) an appealing alternative. Amazon leverages artificial intelligence across its operations, notably in e-commerce logistics and its cloud computing arm, Amazon Web Services (AWS), which reported a $132 billion annual revenue run rate recently. Unlike many AI companies facing high price-to-earnings multiples, Amazon trades at a more moderate 29 times forward earnings, down from over 50 two years ago. This valuation reflects a resilient business that integrates AI benefits without being solely dependent on the technology, limiting downside risks. As the AI sector evolves, Amazon stands out as a balanced play, offering potential growth while mitigating exposure to AI-related market volatility.
Uber Technologies Shares at $82: Undervalued According to DCF Analysis
January 24, 2026, 1:54 AM EST. Uber Technologies (UBER) shares trading around $82 are potentially undervalued, with a discounted cash flow (DCF) model estimating an intrinsic value near $186. This implies upside of approximately 55.8%. The stock has delivered a 20.1% return over the last year and a substantial 171.1% over three years. Its price-to-earnings (P/E) ratio stands at 10.28, significantly below the Transportation industry average of 32.69, signaling market caution or growth concerns. Analysts project Uber's free cash flow to rise from $8.66 billion currently to $19.26 billion by 2030, underpinning the optimistic valuation. Investors continue to weigh Uber's dominant position in the mobility sector against evolving risks and growth prospects.
Viatris Shares Appear Undervalued After Multi-Year Recovery, DCF Model Shows
January 24, 2026, 1:53 AM EST. Viatris (VTRS) shares have risen 27.5% over three years but still trade at $13.21, suggesting undervaluation. A Discounted Cash Flow (DCF) analysis by Simply Wall St estimates an intrinsic value of $49.78, implying the stock is about 73.5% undervalued. Despite recent positive returns, the company's 5-year return declined by 4.9%. Viatris reported $1.56 billion in free cash flow over the last twelve months, with forecasts rising to $2.5 billion by 2029. The current price-to-sales (P/S) ratio stands at 1.08x, reflecting market concerns about growth and risk. Investors should consider both cash flow projections and market sentiment when assessing Viatris' value amid its recent share price recovery.
ALS Limited's Steady Dividends Reinforce Industrial Sector Appeal on ASX
January 24, 2026, 1:06 AM EST. ALS Limited (ASX:ALQ) continues to attract investor attention through steady earnings growth, consistent dividend payouts and its established position in Australia's testing, inspection and analytical services sector. Inclusion in the ASX 100 elevates its profile among investors seeking reliable industrial exposures. The company's investment case rests on converting steady demand from mining, life sciences and industrial clients into dependable cash flow and dividends. However, ALS faces risks including a higher debt load, reliance on executing growth and acquisition strategies, and a stretched valuation with a premium earnings multiple. Diverse market views on fair value ranging from A$10.29 to over A$5,500 highlight investor uncertainty. Analysts urge scrutiny of these factors alongside growth prospects before investment decisions.
NYSE Plans 24/7 Trading with Instant Settlement Awaiting SEC Approval
January 24, 2026, 12:51 AM EST. The New York Stock Exchange (NYSE) plans to introduce 24/7 trading using digital tokens that mirror shares, pending U.S. Securities and Exchange Commission (SEC) approval. The Intercontinental Exchange, NYSE's parent company, aims to offer instant settlement, shortening the usual trade finalization time which now often occurs the next day. NASDAQ may adopt similar extended hours soon. Off-hours trading has surged since 2019, with daily averages topping $61 billion in early 2025, but some experts question the practical benefits of round-the-clock trading given the rarity of market-moving events outside standard hours. Extended trading aims to attract younger investors and foreigners, expanding Wall Street's global reach amid rising market competition, especially from Europe. This shift could appeal to retail traders familiar with cryptocurrency markets, who favor nonstop access to assets.
Canadian Tire Shares Slip 1.3% Amid Increased Trading Volume
January 24, 2026, 12:34 AM EST. Canadian Tire Co. (TSE:CTC) saw its stock fall 1.3% to C$217.25 on Friday, with trading volume doubling to 860 shares compared to its average. The retailer reported solid quarterly earnings of C$3.78 per share on revenues of C$4.11 billion, maintaining a net margin of 3.98%. Its price-to-earnings ratio stands at 16.48, suggesting moderate valuation. The company holds a market capitalization of C$11.61 billion and a debt-to-equity ratio of 150.68, indicating significant leverage. Analysts are forecasting an EPS of 13.7 for the current fiscal year. Despite a current Reduce rating, Canadian Tire's diversified retail and financial services contribute to its steady presence in the Canadian market.
Rolls-Royce CEO Pay Rise Amid Mixed Market Signals and Earnings Outlook
January 24, 2026, 12:19 AM EST. Rolls-Royce Holdings proposes raising CEO Tufan Erginbilgic's bonuses and long-term incentives, pending shareholder approval, aiming to better align pay with future performance. The stock traded at £12.53, up 109.5% over the past year but showing short-term volatility with a 2.5% decline last week. Despite recent momentum, shares are priced 26.9% above their estimated fair value. The company's price-to-earnings ratio stands at 18.1, below the Aerospace & Defense sector average of 26, while earnings are forecasted to decline by 11.4% annually over three years. Investors will scrutinize how the new pay structure ties to profit and cash flow targets, weighing CEO incentives against uncertain earnings and valuation concerns.
