Stock Markets Fall as Chip Stocks and Miners Weaken Amid Fed Chair Nomination
February 1, 2026, 2:40 AM EST. U.S. stocks closed lower on Friday as the S&P 500 dropped 0.43%, Dow Jones fell 0.36% to a 1.5-week low, and Nasdaq 100 declined 1.28%. The drop followed President Trump's nomination of Kevin Warsh as Federal Reserve Chair, signaling less support for deep interest rate cuts. Treasury yields rose to a one-week high, gold and precious metals plunged, pressuring mining stocks. Higher-than-expected December U.S. producer prices added hawkish Fed policy concerns. Mixed Fed comments contrasted on the need for rate cuts. A tentative deal to avert a U.S. government shutdown provided some relief. Markets face ongoing uncertainty as Fed Chair Powell's term ends in May amid earnings season.
Sensex Plunges Over 2,000 Points Amid Budget Disappointment and Increased Trading Costs
February 1, 2026, 2:38 AM EST. The S&P BSE Sensex plunged 1,348.50 points to 80,921.73, with NSE Nifty50 dropping 494.35 points to 24,826.30 following Finance Minister Nirmala Sitharaman's budget speech. Investors reacted negatively to the absence of tax relief measures. Increased Securities Transaction Tax (STT) on futures and options raised trading costs, curbing speculative activities. Archit Gupta, CEO of ClearTax, noted the government aims to encourage long-term investing over short-term trades. Sectoral indices largely declined, led by Bharat Electronics down 6.50%, while healthcare was the sole gainer. Market volatility rose sharply, reflecting investor caution after the budget announcement.
DroneShield (ASX:DRO) shares drop 7.5% as $2.09bn pipeline reevaluated ahead of FY2025 results
February 1, 2026, 2:37 AM EST. DroneShield shares fell 7.5% on Friday to A$3.32, sliding about 26% since January 23 following weaker-than-expected pipeline revisions. The company reported a decreased sales pipeline of A$2.09 billion from A$2.5 billion in October, citing stalled early-stage projects and currency effects. Its quarterly revenue surged 94% to A$51.3 million with positive operating cash flow of A$7.7 million. Despite posting solid cash receipts and a strong cash balance of A$210.4 million, uncertainty remains ahead of its audited FY2025 results expected in February. CEO Oleg Vornik highlighted locked-in revenues of roughly A$100 million for 2026 but refrained from guidance due to the industry's nascent nature. Investors will closely watch contract developments as defence deals often take time to mature.
Keppel Shares Fall Ahead of Feb. 5 Earnings Release Amid Cautious Market
February 1, 2026, 2:36 AM EST. Keppel Ltd shares declined 1.35% to S$10.93 on Friday as investors positioned before the weekend and upcoming earnings. The company plans to release its second-half and full-year 2025 results on Feb. 5 ahead of the market open. Market sentiment remained cautious with Singapore's Straits Times Index down 0.5%, reflecting concerns over global market volatility. Keppel DC REIT recently posted a 9.8% rise in distribution per unit, driven by data-centre and AI-related demand, signaling growth avenues. Market participants are closely watching Keppel's guidance on fees, recurring income, and capital recycling. The stock's direction next week could hinge on these factors amid broader investor risk aversion.
MCX Shares Plunge 15% Amid Historic Gold and Silver Price Crash on Budget Day
February 1, 2026, 2:25 AM EST. MCX shares plunged up to 15% on February 1 after a severe selloff in its precious metals contracts. Silver prices hit the 9% lower trading limit as silver contracts fell sharply on MCX, while gold also hit its 9% lower circuit. The plunge represents MCX's steepest single-day decline in five years. This followed record silver prices on January 29, which crashed dramatically afterwards. The selloff is linked to a stronger U.S. dollar, a global selloff, and CME Group's margin hikes on Comex gold and silver futures. Investors are cautious ahead of India's Union Budget 2026. Despite the drop, MCX's stock has gained 91% over the past year and delivered multibagger returns over five years.
Waters (WAT) Share Price and Valuation Analysis Amid Recent Weakness
February 1, 2026, 2:24 AM EST. Waters Corporation's (WAT) stock has fallen 5.5% in the past week and 10.8% over the year, despite 3-year and 5-year gains of 8.6% and 30.8%, respectively. Recent investor reassessment focuses on demand trends in analytical instruments within life sciences. Valuation checks reveal Waters scores 1 out of 6, indicating potential concerns. A Discounted Cash Flow (DCF) analysis estimates an intrinsic value near $358.27 per share, close to the current $370, suggesting Waters is roughly fairly valued with a slight 3.5% overvaluation. The report highlights the role of earnings multiples such as the Price-to-Earnings (P/E) ratio to assess stock price relative to profits and growth expectations. Investors should monitor these metrics to gauge Waters' value amid sector shifts and market pressures.
Fraport AG's Share Ownership: 31% State Control, 24% Institutional Investors
February 1, 2026, 2:23 AM EST. Fraport AG (ETR:FRA) shows significant state control with 31% ownership, led by Land Hessen as the largest shareholder. Institutional investors hold 24% of shares, indicating professional interest but also potential risks of crowded trades. The top two shareholders combine for 52% ownership, granting them substantial influence over governance and decision-making. Institutional presence suggests credibility but does not guarantee growth, as Fraport lacks a strong growth history. Investors should also consider analyst forecasts and broader market dynamics when evaluating the stock's outlook.
Crude Oil Prices Slip as Trump Softens Iran Stance, OPEC+ Meets to Review Output
February 1, 2026, 2:22 AM EST. March WTI crude fell 0.32% on Friday after President Trump eased aggressive rhetoric on Iran, reducing fears of a U.S. attack. Trump indicated ongoing discussions with Iran, calming markets. A stronger dollar also weighed on crude prices. Earlier, oil had surged to a 4.25-month high due to previous threats against Iran and potential disruptions in the Strait of Hormuz, a critical 20% global oil transit route. The Russia-Ukraine conflict remains a bullish factor, as no peace settlement threatens continued restrictions on Russian crude. OPEC+ plans to pause production increases in Q1 2026 to manage a global oil surplus, a policy under review at Sunday's meeting. U.S. crude production forecasts rose slightly, while inventory data show a small weekly draw in tanker storage. Oil markets remain sensitive to geopolitical and supply-demand dynamics.
Sandfire Resources Share Price Drops 6.85% on Copper Weakness, Eyes Feb Events
February 1, 2026, 2:21 AM EST. Sandfire Resources (ASX:SFR) shares fell 6.85% to A$19.85 on Friday amid a late-week retreat in copper prices and metals. The basic materials sector slid over 4%, pulling miners down as February begins. Investors focus on the Feb. 6 shareholder vote on Sandfire's proposed Havilah deal for the Kalkaroo project and the Feb. 19 half-year results. Copper's recent peak slipped due to profit-taking, with analysts warning of high volatility and potential corrections. Sandfire's December-quarter report revealed steady production but a shifted output profile due to maintenance at the Motheo mine in Botswana. The company ended 2025 with $13 million net cash but faces significant cash outflows related to the Havilah transaction. Market volatility persists, keeping Sandfire's near-term stock trajectory reliant on copper stability and upcoming key company events.
Carlyle Group (CG) Share Price Weakness Raises Valuation Concerns
February 1, 2026, 2:08 AM EST. Carlyle Group's recent share price hit US$58.78, down 4.1% last week and 3.4% over the month, reflecting shifting investor sentiment. The private equity giant scores just 1 out of 6 on valuation checks, suggesting it is overvalued by about 151% based on an Excess Returns model. This model, which measures profit relative to shareholder-required returns, estimates an intrinsic value near US$23.40 per share-well below current market levels. While Carlyle's exposure to private markets can cause volatility, its high price-to-earnings ratio implies elevated growth expectations that may not align with fundamentals. Investors assessing upside should weigh these valuation signals carefully against the asset manager's growth outlook and risk profile.
TE Connectivity (TEL) Valuation Insights Amid Strong Multi-Year Rally
February 1, 2026, 2:07 AM EST. TE Connectivity's (TEL) share price closed at $222.78, showing a 52.9% gain over one year and 88.6% over five years, prompting a reassessment of its valuation. Despite strong multi-year returns, a Discounted Cash Flow (DCF) model estimates intrinsic value at $178.15, suggesting the stock is about 25.1% overvalued. TEL scored 2 out of 6 on valuation checks, indicating limited undervaluation signals. The company's role as a key supplier in automotive electrification and factory automation sectors frames its long-term demand and earnings outlook. Analysts project free cash flow rising to $3.73 billion by 2030, yet the current price may embed high growth expectations not fully supported by cash flow estimates. Investors should weigh these factors when evaluating TEL's upside potential and risks.
Nio Stock Below $5: Risks Amid China EV Market Slowdown
February 1, 2026, 2:06 AM EST.Nio Inc (NIO) trades under $5 amid a challenging landscape in China's electric vehicle (EV) market. Despite strong growth-326,028 cars delivered in 2025, up 46.9%-Nio trails behind main competitor BYD, which sold 4.6 million vehicles and reported $2.9 billion net profit in the first nine months of 2025. China's EV sector faces headwinds: subsidy cuts starting 2026 and lithium price hikes are expected to shrink passenger vehicle deliveries, says Fitch Ratings. Though a $9 billion government stimulus targets vehicle trade-ins, EV sales growth slowed to 2% in December 2025-the weakest in nearly two years. Market consolidation squeezes smaller EV makers like Nio, casting doubt on its near-term prospects despite innovative features like battery swapping.
Brookfield Renewable Posts Strong 2025 Growth, Boosts Dividend with 4% Yield
February 1, 2026, 2:02 AM EST. Brookfield Renewable (BEPC, BEP) delivered strong 2025 financial results, generating $1.3 billion in funds from operations (FFO), up 10% from 2024. Its nearly 4% dividend yield is set to rise again by 5% in 2026. Growth was driven by hydroelectric power's 19% FFO increase and a 90% jump in distributed energy, storage, and sustainable solutions due to acquisitions like Neoen and renewed nuclear demand via Westinghouse. The company added a record 8 gigawatts (GW) of clean energy capacity, targeting 10 GW annually by 2027. Positioned to benefit from trends such as electrification and data center expansion, Brookfield expects over 10% annual FFO per share growth through 2030, supporting consistent dividend growth.
Dollar Rallies on Trump's Fed Chair Pick, Precious Metals Plummet
February 1, 2026, 2:01 AM EST. The dollar index surged 0.79% on Friday after President Trump nominated Keven Warsh as Federal Reserve Chair. Warsh is perceived as hawkish, highlighting inflation risks during his previous Fed tenure. U.S. economic data reinforced this, with December producer prices rising more than expected and the January Chicago PMI hitting a two-year high. The dollar gained further support after Trump announced a tentative deal with Senate Democrats to avoid a government shutdown. Mixed comments from Fed officials added complexity; some advocated no rate cuts, while others urged easing. Meanwhile, the euro tumbled 0.92% amid the dollar's strength despite positive Eurozone economic data. Markets still price a 17% chance of a 25 basis point Fed rate cut in March, with rate cut expectations extending into 2026. The dollar faces medium-term downward pressure amid fiscal concerns and capital outflows.
DraftKings Faces New Competition After CFTC Rejects Prediction Market Ban
February 1, 2026, 2:00 AM EST. The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn a proposal to ban political and sports event prediction markets, preserving these platforms and intensifying rivalry for betting firms like DraftKings (NasdaqGS:DKNG). DraftKings is developing prediction-style products to stay competitive amid this regulatory change. The decision arrives as DraftKings shares trade at $27.51, down 22.9% over 30 days and 34.4% in a year, reflecting volatility. Analysts value the stock about 63.9% below fair value. Investors will monitor user adoption, costs, and impact on DraftKings' business mix. Execution challenges loom if expenses outpace engagement, potentially affecting profitability targets in the evolving betting landscape.
Ipsen Partners with Origami to Expand Rare Disease Pipeline; Shares Seen as Undervalued
February 1, 2026, 1:59 AM EST. Ipsen (ENXTPA:IPN) announced a global collaboration and option agreement with Origami Therapeutics to develop a novel small molecule for a rare neurodegenerative disorder. This move aligns with Ipsen's focus on rare diseases and neuroscience, aiming to deliver first or best in class therapies. Shares are currently trading about 3.7% above the €132.73 consensus target but flagged as 30.8% undervalued by Simply Wall St's analysis. The stock shows strong short-term momentum with an 18.5% 30-day return. Key risks include execution challenges and reduced profit margins, which fell to 11.9% from 19.3% last year. Investors should monitor clinical milestones and valuation shifts as the program progresses.
Light & Wonder (ASX:LNW) Shares Climb Amid Growth Expectations
February 1, 2026, 1:58 AM EST. Light & Wonder (ASX:LNW) has seen a 52.61% share price rise over three months, hitting A$167.06 amid growing investor interest despite no major recent news. The market is weighing whether this rally reflects genuine undervaluation, with analysts estimating a fair value around A$177.72, suggesting potential upside. The gaming company benefits from strong content franchises like Huff N' Puff and Quick Hit Slots, supporting revenue growth and improving margins. However, risks remain including potential regulatory challenges and slower growth in recurring revenues that could affect valuation. Investors are advised to consider these factors and review detailed forecasts that incorporate a 10.02% discount rate for future earnings. This analysis provides a snapshot of momentum and valuation but does not constitute financial advice.
Verra Mobility (VRRM) Seen as Undervalued Despite Recent Share Price Decline
February 1, 2026, 1:57 AM EST. Verra Mobility's shares have fallen 26.9% over the past year, lagging peers amid sector-wide concerns over traffic safety and tolling technology. Despite this, a Discounted Cash Flow (DCF) analysis estimates an intrinsic value of $41.65 per share, compared with the current $19.30, suggesting the stock is undervalued by approximately 53.7%. The DCF model projects free cash flows rising to $261.9 million by 2027, supporting the bullish valuation. Verra Mobility scores 3 out of 6 on valuation metrics, indicating some undervaluation areas. Investors should weigh recent price weakness against cash flow potential before making decisions. This analysis highlights that while share price weakness exists, underlying fundamentals may make VRRM an attractive opportunity.
Badger Meter Shares Fall 31% Over Year, Valuation Near Fair Value at $146
February 1, 2026, 1:56 AM EST. Badger Meter Inc (BMI) shares have tumbled 31% over the past year, retreating to around $146.58 amid broader concerns in the water metering and flow measurement sector. Despite short-term pressure, the company's 3- and 5-year returns remain positive at 23.7% and 52.6%, respectively, reflecting resilience. Simply Wall St's discounted cash flow (DCF) model estimates an intrinsic value of $141.04 per share, signaling the stock is roughly fairly valued, being only about 3.9% over the model's fair value. With a trailing twelve-month free cash flow of $169.1 million and projections rising to $293.2 million by 2035, Badger Meter's fundamentals point to modest growth. Investors watching infrastructure and resource efficiency themes may find the current price level an interesting entry point, though valuation scores advise cautious consideration.
Envista Holdings (NVST) Shares Appear Undervalued After Price Gains, DCF Analysis Shows
February 1, 2026, 1:55 AM EST. Envista Holdings' share price closed at $23.47, down 1.6% last week but showing an 8.2% gain over the past month and a 14.4% gain over the past year. Despite recent strength, three- and five-year returns have declined significantly. A discounted cash flow (DCF) model using future free cash flow projections estimates Envista's intrinsic value at $34.21 per share, suggesting the stock trades 31.4% below this valuation, signaling potential undervaluation. Investors remain attentive to Envista's positioning as a dental products provider and its growth outlook in the healthcare sector. The company holds a solid valuation score of 5 out of 6, highlighting interest from market watchers despite mixed longer-term performance.
Valley National Bancorp (VLY) Stock Shows 51% Undervaluation Based on Excess Returns Model
February 1, 2026, 1:54 AM EST. Valley National Bancorp (VLY) shares closed at $12.46, up 4.6% over the past week and 26.8% over the last year. Recent analysis highlights the bank's position in the U.S. regional banking sector and valuation compared to peers. Using the Excess Returns model, which estimates intrinsic value based on profits exceeding investor-required returns, the stock is valued at $25.43 per share, indicating a 51% undervaluation relative to current market price. Key inputs include a book value of $13.39 per share, stable earnings per share (EPS) of $1.47, and a cost of equity at $1.06 per share. Investors are advised to consider this undervaluation amidst ongoing reassessments of the bank's risks and rewards.
Nifty and Sensex Climb on India's Budget Boosting Growth via Increased Capex
February 1, 2026, 1:53 AM EST. India's key indices, Nifty and Sensex, edged higher following the government's budget announcement emphasizing growth through increased capital expenditure (capex). This move aims to stimulate infrastructure and industrial development, bolstering investor sentiment. The budget's focus on elevated capex highlights renewed confidence in the economy's expansion prospects, attracting domestic and foreign investments. Market data sourced from ICE Data Services and FactSet confirms the positive reaction, reflecting optimism among traders and analysts despite broader global uncertainties.
iShares 20+ Year U.S. Treasury Bond ETF (XTLT) Holds Weak Ratings Amid Short-Term Trading Plan
February 1, 2026, 1:51 AM EST. On February 1, 2026, AI-generated signals rated the iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT:CA) as weak in the near and mid terms, with a neutral stance long term. No long positions were recommended. A short position near 34.95 was suggested, with a stop loss at 35.12. The ETF tracks long-dated U.S. Treasury bonds and reflects market sentiment on government debt with maturities over 20 years. Traders should note the updated signals and act cautiously given the weak short and mid-term outlooks.
Lynas Rare Earths share falls amid policy uncertainty; eyes on critical minerals strategy and U.S. price support
February 1, 2026, 1:50 AM EST. Shares of Lynas Rare Earths (ASX:LYC) dropped 4.5% to A$14.90 on Friday, pressured by jitters over U.S. policy shifts on rare earth price floors. The U.S. government reportedly denied plans for individual minimum prices in critical minerals deals, stirring a sell-off despite pushback from the Department of Energy and MP Materials. Australia's Resources Minister affirmed commitment to the country's A$1.2 billion critical minerals reserve, aiming for later in 2026. Investors now watch for Monday's open amid hopes for clearer U.S. and Canberra signals on tariffs, supply chain support, and stockpiling. Lynas's recent revenue surged 43% despite production issues, tied to previous policy-driven price rises. Market focus remains on policy outcomes rather than operational results, with risk lingering if rare earth prices decline and Chinese supply pressure persists.
Santos Stock Surges on Rising Oil Prices Ahead of Key OPEC+ and RBA Events
February 1, 2026, 1:49 AM EST. Santos Limited shares climbed 2.5% to A$7.01 on Friday, outperforming the broader S&P/ASX 200 index which fell 0.65%. The rise followed Brent crude's rally to near six-month highs above $70 a barrel amid heightened U.S.-Iran tensions. Traders are focused on Sunday's OPEC+ meeting where production quotas are expected to remain tightened, supporting oil prices. The Reserve Bank of Australia's interest rate decision on Tuesday adds another layer of market uncertainty. Santos, a major Australian oil and LNG producer, is also set to release full-year earnings on Feb. 18, with investors watching for dividend and cost guidance. Oil prices and the Australian dollar's movement will remain key factors impacting Santos' stock ahead of these events, with potential for sharp swings based on geopolitical developments and monetary policy shifts.
Cattle Futures See Mixed Movement as USDA Reports Lower Slaughter Numbers
February 1, 2026, 1:38 AM EST. Live cattle futures closed steady to slightly higher on Friday, with February down $3.825 last week. Cash trade dropped $2-$4 in northern and southern U.S. markets. Feeder cattle futures declined 10 to 40 cents amid a weekly $10.825 fall in March contracts. The CME Feeder Cattle Index hit $275.59 on Feb. 6, down $2.05. Speculators reduced their net long positions in live and feeder cattle futures by several thousand contracts last week. USDA boxed beef prices fell, with Choice boxes down $2.11 to $321.87/cwt. Federal cattle slaughter fell 16,000 head from last week and 33,013 below last year's figures, signaling tighter supply conditions.
Sensex Gains 600 Points From Day's Low on Budget Optimism, Nifty Near 25,450
February 1, 2026, 1:37 AM EST. The Sensex rebounded by over 600 points from session lows, trading 421.85 points higher at 82,691.63, while the Nifty edged up 111.80 points to 25,432.45, driven by optimism ahead of the 2026-27 Union Budget. Key contributors included Bharat Electronics and Tata Motors, rising nearly 2%, as investors focused on expectations of policy continuity and fiscal discipline. U.S. President Donald Trump's announcement that India plans to buy Venezuelan oil, mitigating energy security concerns, bolstered sentiment. Foreign institutional investors bought shares worth Rs 2,251 crore on Friday, though January saw net selling. Market watchers anticipate volatility linked to budget announcements, including tax exemptions and capital expenditure, with the fiscal deficit expected around 4.3-4.4% of GDP.
Brookfield Infrastructure (BIPC) Stock Appears Overvalued Amid Recent Price Gains
February 1, 2026, 1:36 AM EST. Brookfield Infrastructure (BIPC) shares surged to $47.85, rising 5% in the past week and 19.6% over one year. Despite strong recent performance, a Discounted Cash Flow (DCF) analysis suggests the stock is overvalued by 87.2%, with an intrinsic value estimated at $25.56 per share. The DCF method, which forecasts future cash flows and discounts them to present value, raises questions about whether the current price reflects fair value. Investors are reassessing stable infrastructure assets like BIPC amid market shifts. Simply Wall St assigns BIPC a low score of 2 out of 6 for potential undervaluation, signaling caution. The Price-to-Sales ratio is recommended for additional valuation insight, given infrastructure earnings volatility.
NSE CEO Ashishkumar Chauhan Eyes IPO Listing by Diwali; Experts Call for Tax Rationalization and Investment Liberalization
February 1, 2026, 1:35 AM EST. Ahead of India's Union Budget, NSE CEO Ashishkumar Chauhan expressed hope to see the National Stock Exchange listed by this year's Diwali Muhurat trading session. Market experts like Nilesh Shah of Kotak Mahindra AMC called for tax rationalization for foreign portfolio investors (FPIs), highlighting inconsistencies where some tax-exempt foreign entities face Indian taxes. Shah and others urged fiscal prudence, infrastructure spending, and a more liberalized investment climate. Gautam Chhaochharia from UBS emphasized the need for policy stability and potential positive tax reforms. Chauhan acknowledged the government's reliance on the Securities Transaction Tax (STT) generating ₹60,000-70,000 crore annually, noting any STT removal must find alternative revenue sources. Experts' combined focus is on fostering long-term growth through liberalization and streamlined investment processes.
Macquarie Group Faces Rate Uncertainty and AirFinance Sale Impact on Risk Profile
February 1, 2026, 1:21 AM EST. Macquarie Group (ASX:MQG) encounters increased risk profile uncertainty amid the Reserve Bank of Australia's (RBA) impending interest rate decision and the ongoing sale of its aircraft leasing platform, Macquarie AirFinance. The RBA's rate setting influences Macquarie's funding costs and bank margins. Meanwhile, the AirFinance sale could shift the company's earnings mix and capital position. Despite modest share price fluctuations over the past year, these developments bring sharper near-term catalysts and underline Macquarie's exposure to higher risk funding and rate sensitivity. Investor sentiment varies widely, with fair value estimates ranging between A$158 and A$227 per share, reflecting uncertainties in rate policy and portfolio adjustments. Market watchers are advised to consider diverse perspectives amid evolving macro and corporate dynamics impacting the financial giant's outlook.
Resolute Mining Faces Challenges With Lower 2025 Output and High 2026 Cost Guidance
February 1, 2026, 1:20 AM EST. Resolute Mining Limited (ASX:RSG) reported lower gold production and sales in 2025 versus prior year, with 2026 guidance showing 250,000-275,000 ounces at a high All-In Sustaining Cost (AISC) of US$2,000-2,200 per ounce. This combination of weaker output and elevated costs raises concerns over execution risks and operational recovery potential. While inclusion in the ASX 200 supports liquidity, the market's mixed fair value estimates reflect uncertainty around Resolute's ability to improve production efficiency and deliver on growth projects like Doropo. Investors face contrasting views amid operational challenges and cost pressures, complicating Resolute's investment appeal.
Costco Stock Surges 13% in January 2026: Is It Too Late to Buy?
February 1, 2026, 1:19 AM EST. Costco Wholesale shares have jumped 13% in January 2026, rebounding after a flat 2025. The warehouse retailer's strong membership model underpins steady growth, with a 92.2% U.S. renewal rate and a 5.2% rise in paid memberships to 81.4 million. First-quarter fiscal sales rose 8.2%, earnings per share climbed from $4.04 to $4.50, and digitally enabled sales surged 20.5%. Monthly updates showed December sales up 8.5%. However, Costco's price-to-earnings (P/E) ratio remains high at 52, indicating a premium valuation. Market watchers suggest new buyers consider dollar-cost averaging to mitigate risk while benefiting from strong fundamentals and long-term rewards.
NSE and BSE Open on Rare Sunday for Budget 2026 Trading
February 1, 2026, 1:04 AM EST. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain open for trading on Sunday, February 1, 2026, as the Union Budget 2026-27 is presented on the first Sunday in independent India's history. Equity trading hours will be 9:15 am to 3:30 pm, covering equities, futures, options, and commodity derivatives. Special sessions like BSE's T+0 settlement and auction for settlement defaults are suspended. This rare Sunday session allows investors immediate response to budget announcements without affecting the 2026 holiday calendar, which includes 16 public holidays such as Holi, Ram Navami, and Diwali.
Lean Hog Futures Dip Amid Mixed USDA Reports on Slaughter and Prices
February 1, 2026, 12:47 AM EST. Lean hog futures slipped by 10 to 35 cents by midday, with USDA's national base hog price falling 49 cents to $83.89. The CME Lean Hog Index rose 50 cents to $85.72 on January 28. Pork carcass cutout value increased $2.67 to $96.10 per hundredweight, despite declines in loin and ham primal prices. The belly primal led gains, up $11.22. USDA reported Thursday's federally inspected hog slaughter at 495,000 head, 9,000 below last week and 56,348 fewer than the same week last year. February, April, and May lean hog futures also dropped modestly. These figures reflect fluctuating supply and demand pressures in the U.S. pork market.
Lean Hog Futures Decline as USDA Reports Mixed Prices and Increased Slaughter
February 1, 2026, 12:36 AM EST. Lean hog futures ended weaker on Friday, with February contracts down $1.10 for the week. USDA reported the national base hog price at $83.57, down 81 cents from the prior day, while the CME Lean Hog Index rose 50 cents to $85.72 on Jan. 28. Managed money increased net long positions in lean hog futures and options by 16,388 contracts to 113,806 as of Tuesday. USDA's pork carcass cutout value gained 79 cents to $94.22 per hundredweight, although loin and rib prices slipped. Federally inspected hog slaughter reached 2.522 million head this week, up 54,000 from last week but below last year. February, April, and May futures all closed lower, indicating near-term market pressure on hog prices.
Live Cattle Futures Slip Amid Mixed Cash Trade; USDA Reports Slight Inventory Decline
February 1, 2026, 12:35 AM EST. Live cattle futures dropped 47 cents to $1.75 on Friday, except February contracts which gained 35 cents thanks to strong cash trade. Cash prices held steady at $238-$240 live and $375-$378 dressed nationwide. USDA reported a 0.37% year-over-year decline in total cattle inventory to 86.155 million head, with beef cows down 1.02%. Feeder cattle futures also declined sharply, losing around $5 in the near-month contracts. Managed money increased net long positions in live cattle futures, while wholesale boxed beef prices showed mixed changes. USDA estimated weekly federally inspected cattle slaughter at 531,000, slightly below last week and significantly below last year's level. Market participants are monitoring animal health issues after new screwworm cases in Mexico.
Borr Drilling Shares Rally Amid Conflicting Valuation Signals
February 1, 2026, 12:34 AM EST. Borr Drilling (NYSE:BORR) shares rose to $4.68, gaining 4.7% last week and 46.3% over three months, drawing renewed investor focus. Despite an analyst consensus price target of $3.10, the stock trades above a $4.25 fair value estimate, suggesting potential overvaluation. However, a discounted cash flow (DCF) model starkly contrasts this, valuing shares at $41.51, implying substantial undervaluation. The disconnect stems from varying assumptions on earnings growth, margins, and energy demand stability. Borr's recent momentum follows a 13.3% decline over three years, hinting at a turnaround. Investors face a choice between the cautious analyst outlook and the bullish intrinsic valuation hinging on higher day rates and fleet utilization in offshore drilling.
Sugar Prices Fall Amid Expectations of Rising Global Surpluses in 2025/26
February 1, 2026, 12:33 AM EST. Sugar prices slid sharply with New York March sugar futures dropping nearly 3% to a 2.5-month low and London white sugar hitting a 5-year low. The decline is driven by forecasts of significant global sugar surpluses for 2025/26, with estimates ranging between 2.74 and 4.7 million metric tons (MMT). Brazil's sugar production outlook rose, with the Center-South region output up 0.9% year-on-year. India's sugar output is also expected to grow substantially, supported by a cut in ethanol use projections, which may boost exports. Indian authorities have signaled potential additional export permissions to alleviate domestic oversupply. While 2026/27 surpluses are forecast to diminish, the near-term glut pressures prices lower, highlighting the tension between rising production and market demand internationally.
Coffee Prices Fall on Rain Forecast in Brazil, Oversupply Concerns Weigh
February 1, 2026, 12:32 AM EST. March arabica coffee futures dropped 3.85% to a 5.5-month low, while robusta fell 1.58% to a 3.5-week low amid forecasted steady rains in Brazil's Minas Gerais, easing drought pressure on crops. Brazil's crop agency Conab raised its 2025 output forecast by 2.4% to 56.54 million bags, signaling ample supply. Vietnam, the largest robusta producer, is boosting exports and output, with 2025/26 production expected up 6%, pushing robusta prices down. ICE inventory levels for arabica and robusta have recently recovered from lows, applying further downward pressure. However, declining Brazilian coffee exports, especially robusta, and below-average rainfall in key regions lend some support to prices. Global coffee exports showed slight contraction, but USDA projects record world coffee output in 2025/26, revealing contrasting supply dynamics.
InterDigital (IDCC) Surges 80% in One Year but DCF Analysis Flags Overvaluation
February 1, 2026, 12:31 AM EST. InterDigital (IDCC) shares have surged 80.2% over the past year, closing recently at $326.44. Despite strong returns, a Discounted Cash Flow (DCF) model estimates intrinsic value at just $73.54 per share, signaling the stock may be more than 340% overvalued based on current cash flow projections. The DCF analysis, which forecasts free cash flow over the next decade, contrasts sharply with the market price, raising questions about sustainability of recent gains. Investors are closely watching short-term price shifts, as the company scores 4 out of 6 on valuation checks. This disconnect highlights the tension between market enthusiasm and fundamental valuation in the software and intellectual property sector.
Sensex Gains Over 200 Points From Day's Low Ahead of Union Budget; Nifty Nears 25,350
February 1, 2026, 12:21 AM EST. Indian stock benchmarks rebounded on Sunday with the Sensex rising above 82,330 while Nifty edged to 25,327 amid budget optimism ahead of the Union Budget 2026-27. Gains in Bharat Electronics, Tata Motors Passenger Vehicles, and Power Grid propelled markets despite some losses in Hindalco and Nestle India. Investor sentiment was buoyed by expectations of policy continuity, fiscal prudence, and growth-focused measures. U.S. President Donald Trump's remarks on India purchasing Venezuelan oil helped ease energy security concerns. Foreign institutional investors bought shares worth Rs 2,251.37 crore on Friday, supporting the market, although net selling continued in January. Market players anticipate volatility following the Finance Minister's budget announcement at 11 a.m.
Sun Life Financial (TSX:SLF) Valuation Review Amid Recent Share Price Decline
February 1, 2026, 12:20 AM EST. Sun Life Financial (TSX:SLF) has seen modest share price softness recently, trading around CA$85.8 with a 7.2% undervaluation against a narrative fair value of CA$92.43. The diversified financial services provider, with annual revenue of CA$34.5 billion and net income of CA$2.99 billion, benefits from strong growth in Asian markets, particularly in Individual Protection and wealth products. Despite a higher price-to-earnings ratio of 15.9x compared to North American insurance peers, long-term total returns remain solid at 6.82% over one year and 73.72% over five years. Risks include U.S. Dental sector challenges and asset management outflows at MFS, which could pressure margins and fee income.
Saia (SAIA) Valuation Under Scrutiny Amid Price Swings and Divergent Models
February 1, 2026, 12:19 AM EST. Saia (SAIA) shares recently traded near $334.87 after a volatile period with mixed returns: a 2.02% drop in one day, 4.68% over a week, but a 17.67% gain in 90 days contrasted with a 30.25% decline over a year. Analysts debate valuation; a popular model suggests a fair value of $354.95, indicating a 5.7% undervaluation driven by network expansions boosting revenue and margins. Yet, operating cost pressures and weak shipments pose risks. Conversely, a discounted cash flow (DCF) analysis values Saia at $123.55, implying overvaluation versus current prices. Investors face conflicting signals between earnings forecasts and cash flow valuations, highlighting the challenge of assessing Saia amid recent share price volatility.
Seabridge Gold (TSX:SEA) Valuation Drops Amid Strong Long-Term Gains
February 1, 2026, 12:18 AM EST. Seabridge Gold (TSX:SEA) shares declined 15% last week and 23% over the past month, reversing recent momentum after a solid 115% total return over the past year. The stock trades at CA$38.50, well below the analyst price target of CA$70.25, raising questions about whether the pullback offers a buying opportunity. With a price-to-book (P/B) ratio of 3.8x, Seabridge appears attractively valued compared to its peer average of 18x but is slightly above the Canadian Metals and Mining sector average of 3.6x. The company faces significant challenges, including zero revenue and a CA$50 million annual loss, which highlight project execution and financing risks. Investors are cautiously weighing whether current valuations reflect fair value or already price in expected growth.
Air France-KLM Share Price Volatility: Undervalued or Risky Bet?
February 1, 2026, 12:17 AM EST. Air France-KLM shares traded at €10.81, showing a 1.2% gain over 7 days but a 11.9% drop in 30 days. The stock has surged 35.1% over the past year, despite longer-term declines over 3 and 5 years. A Discounted Cash Flow (DCF) analysis estimates an intrinsic value of €55.49 per share, suggesting the stock is about 80.5% undervalued. The DCF method uses projected future cash flows discounted to present value to assess worth. This contrasts with mixed market sentiment, reflecting shifting investor views on travel recovery and airline risks. Simply Wall St assigns a strong 5/6 valuation score, indicating potential for gains. Investors should weigh these factors carefully considering evolving airline sector dynamics and Air France-KLM's financial outlook.
Duke Energy (DUK) Share Price Appears Overvalued Despite Strong Multi-Year Gains
February 1, 2026, 12:16 AM EST. Duke Energy (DUK) shares closed at $121.35, showing steady returns over 1, 3, and 5 years, including a 55.8% gain over five years. Despite this strong price performance, valuation models raise concerns. The Dividend Discount Model (DDM), which values stocks based on projected future dividends, estimates Duke's intrinsic value at around $65.25, implying the stock is approximately 86% overvalued. The model projects flat to slightly declining dividends given Duke's payout ratio of about 101.89% and return on equity near 8.8%. This raises questions about whether the current share price fully reflects the company's ability to sustain dividend growth. Investors focusing on income may find this disconnect particularly relevant amid Duke's role as a major regulated U.S. utility.
SCR-Sibelco Shares Show Weakness Amid High Valuation Concerns
February 1, 2026, 12:15 AM EST. SCR-Sibelco (ENXTBR:094426466) shares have slid about 12% over the past month, trading near €4,800. The stock's price-to-earnings (P/E) ratio stands at 26.2x, well above the Metals and Mining industry average of 19.2x and direct peers at 13.4x. This premium reflects market optimism despite a 2.8% profit margin and 8% return on equity, both indicating weak earnings quality. Earnings declined last year, contrasting with industry growth, suggesting possible overvaluation. A discounted cash flow (DCF) model estimates intrinsic value at roughly €375 per share, far below current prices. Investors should weigh risks of earnings disappointments and sector re-ratings against SCR-Sibelco's premium multiple before deciding.
Cocoa Prices Drop to Multi-Year Lows Amid Supply Glut and Weak Demand
February 1, 2026, 12:05 AM EST. Cocoa prices on the ICE New York and London markets hit their lowest levels in over two years due to abundant global supplies and slack demand. StoneX forecasts a cocoa surplus of 287,000 MT for 2025/26 and 267,000 MT for 2026/27. The International Cocoa Organization reported a 4.2% rise in global stocks. Barry Callebaut, the largest chocolate maker, saw a 22% drop in cocoa sales volume, blaming weak market demand. Key regions including Europe and Asia reported significant declines in cocoa grinding, a measure of demand. Meanwhile, favorable growing conditions in West Africa have boosted crop prospects, but producers are holding back supplies amid low prices. Ivory Coast shipments have declined 3.2%, adding complexity to the market.
Hot Chili's 4D Modelling Advances Costa Fuego Copper Mine Prospects
February 1, 2026, 12:04 AM EST. Hot Chili (ASX:HCH) unveiled January 2026 drilling updates from its La Verde copper-gold discovery in Chile, leveraging advanced 4D litho-structural modelling to potentially extend Costa Fuego's mine life. The new data aims to add open-pit ounces early in the planned 20-year project, influencing mine scheduling and possibly boosting project economics ahead of the March 2025 Pre-feasibility Study. Despite promising geological insights, Hot Chili faces significant funding challenges and ongoing losses of approximately A$11.1 million. Share price valuations vary widely, with some analyses placing fair value near zero, reflecting diverging market views. Investors must weigh the technological advances against financing risks, assay results, and permitting hurdles as the project evolves.
Stock Markets Flat Ahead of Indian Union Budget 2026, Nifty Edges Lower, Sensex Inches Up
February 1, 2026, 12:03 AM EST. Stock markets in India showed flat trading on a rare Sunday session ahead of the Union Budget 2026 presentation. The Nifty 50 dipped 16 points to 25,302, while the Sensex nudged up 18 points to 82,302 by 9:35 a.m. The Bombay Stock Exchange and National Stock Exchange confirmed regular trading hours would proceed. Gold and silver futures hit lower circuit limits, reflecting caution. Analyst Dr. VK Vijayakumar of Geojit Investments noted no major tax reliefs expected after last year's Budget but hinted that hikes in long-term capital gains exemption or tax reliefs for foreign institutional investors could spur market rallies. Defense and export sectors, plus PSU bank mergers and disinvestments, are likely Budget focal points. Historically, Budgets emphasizing growth and tax stability have boosted markets.
