Aston Bay Holdings Among TSX Penny Stocks To Watch In 2026
January 9, 2026, 2:59 PM EST. Investors in 2026 are urged to monitor Canada's economy, with employment surprises shaping risk. The piece spotlights Aston Bay Holdings and two other TSX penny stocks to watch. Many listed names are pre-revenue or early-stage, trading at single-digit or low-double-digit prices and varying market caps. Aston Bay, with a CA$15.18 million market cap, is a pre-revenue explorer whose Storm Project in Nunavut reported high-grade copper intersections, hinting at resource expansion. The firm is debt-free with a cash runway of more than three years, but the stock remains highly volatile and speculative. Other highlighted names show similar risk/return dynamics, underscoring the need for diligence.
Friday Insider Buying Report: VIRC and VAC
January 9, 2026, 2:58 PM EST. Two insiders added to their stakes in recent transactions. At Virco Manufacturing Corp. (VIRC), Director Bradley C. Richardson bought 2,000 shares at $6.50, for a total of $13,009. The stock is up about 0.6% on Friday, and Richardson's purchase is his first filing in a year. At Marriott Vacations Worldwide Corp. (VAC), John D. Fitzgerald purchased 109 shares for $6,657, at $61.11 each. VAC is up about 2.7% on Friday; Fitzgerald sits roughly 6.9% in the green based on today's high of $65.33. Insider purchases are often viewed as bullish signals but reflect personal capital decisions rather than company-wide guidance. All data points from SEC filings reflect Wednesday's transactions.
Friday Sector Leaders: General Contractors & Builders Rally as Builders FirstSource, LGI Homes Lead
January 9, 2026, 2:57 PM EST. On Friday, general contractors & builders led gains, up about 7%. The rally was paced by LGI Homes (+14.2%) and Hovnanian Enterprises (+12.5%). The construction materials & machinery sector rose roughly 4.6%, led by Builders FirstSource (+11.3%) and JELD-WEN Holding (+8.7%). The day highlights continued appetite for housing-related names, with individual stocks showing varying intraday moves. A video segment accompanies the report; the closing note reiterates that views are those of the author, not Nasdaq, Inc.
Friday Sector Laggards: Railroads, Shipping Stocks
January 9, 2026, 2:56 PM EST. Friday saw railroads underperform, down about 2.4%. The downturn was led by Greenbrier Companies (-10%) and FreightCar America (-3.4%). Shipping stocks also weakened, slipping about 1.3% as a group, headlined by Overseas Shipholding Group (-5.2%) and Star Bulk Carriers (-5%). The moves underscore modest risk-off in transport equities after a week of mixed freight data. Market observers note the group's decline contrasted with broader indexes, keeping pressure on names tied to freight demand.
Friday's ETF Movers: ITB climbs as housing names rally; NUGO slips with DoorDash and ServiceNow lagging
January 9, 2026, 2:55 PM EST. Friday's session: ITB up about 5.7%, led by LGI Homes (+14.2%) and Hovnanian Enterprises (+12.5%). The housing ETF outperforms peers. NUGO falls about 1.1%, with DoorDash (-3.4%) and ServiceNow (-2.8%) among the laggards. The moves show a split between housing names and growth exposure as traders digest rates and data. The views are those of the author and do not necessarily reflect Nasdaq, Inc.
Unusual volume in CRDT ETF as mortgage and consumer names move
January 9, 2026, 2:54 PM EST. CRDT, the Simplify Opportunistic Income ETF, an exchange-traded fund, showed Unusual Volume in afternoon trading, with about 269,000 shares changing hands versus a three-month average of roughly 27,000. The fund rose about 0.6% on the day. Heaviest volume among its components included Agnc Investment, up about 2.9% on more than 23.6 million shares; Annaly Capital Management, up about 1% on over 8.5 million shares. Qvc Group led Friday's moves with a roughly 5.3% gain, while Full House Resorts slipped about 0.8%. The activity reflects a rotation among mortgage-reinvestment and consumer-oriented names within the ETF.
Gap fair value near current price after multi-year gains; DCF implies intrinsic value around $26.91
January 9, 2026, 2:53 PM EST. Gap's stock closed at US$28.42, after returns of 11.0% in seven days and 8.7% in 30 days. It's up 12.8% year to date, 23.1% over 12 months, 148.1% over three years and 53.9% over five years. A valuation score of 3 out of 6 signals a mix of cheap and expensive signals using traditional metrics. A two-stage Discounted Cash Flow (DCF) model pegs the per-share intrinsic value at about US$26.91, versus the current price, implying the stock is roughly 5.6% above this estimate. In short, Gap appears fairly valued today, though the picture can shift with changes in cash flow assumptions or discount rates. The analysis also highlights the role of the P/E ratio in framing earnings versus price.
Daily Dividend Report: STAG, REPX, EFC, LNN, AGNC
January 9, 2026, 2:52 PM EST. Five dividend announcements sweep through REITs and energy names. STAG Industrial declares a Q1 2026 dividend of $0.3875 per share, lifting the annual rate to $1.55 and moving from monthly to quarterly payouts. The Q1 record date is March 31, 2026, with payment on April 15, 2026. Riley Exploration Permian proposes a cash dividend of $0.40 per share, payable February 5, 2026 to holders of record January 22, 2026. Ellington Financial sets a monthly dividend at $0.13 per share, payable February 27, 2026 to record holders January 30, 2026. Lindsay declares a quarterly dividend of $0.37, payable February 27, 2026; record February 13, 2026; roughly 10.5 million shares outstanding as of January 5, 2026. AGNC Investment declares $0.12 per share for January 2026, payable February 10, 2026; record January 30, 2026.
Autodesk valuation check after recent share weakness (ADSK)
January 9, 2026, 2:51 PM EST. Autodesk (ADSK) has underperformed recently, posting negative returns over the 1-week, 1-month and 3-month windows. The stock is down 3.54% year to date, while the 3-year total shareholder return sits at 38.32%-a reminder of a stronger longer-term trajectory. Revenue next year is $6.9 billion with net income around $1.1 billion, both growing at double digits. The base case sees a fair value near $366 a share versus a close around $276.58, signaling a sizable valuation gap driven by growth and margin assumptions. AI tools like generative design and AutoConstrain are cited as enabling premium pricing, margin expansion and long-run earnings growth. Risks include pricing pressure from lower-cost rivals or AI investments failing to translate. Current P/E at 52.7x vs peers around 32.2x; a fair 38x multiple could cap upside.
Palantir's rally endures as growth mix shapes 2026 outlook
January 9, 2026, 2:50 PM EST. Palantir (PLTR) remains one of the market's top hypergrowth names, trading near $177-178 after a multi-year rise that outpaced the S&P 500. The company operates two data platforms-Gotham for government and Foundry for commercial clients-that help users extract insights from diverse sources. Growth slowed from 47% in 2020 and 41% in 2021 to 24% in 2022 and 17% in 2023, as government timing and macro headwinds weighed on the commercial book. GAAP profitability arrived in 2023, and Palantir joined the S&P 500 in 2024, with revenue up about 29% in 2024. Investors will weigh margins, the pace of government contracts, and the blended growth outlook against a roughly $422 billion market cap as they eye 2026, guided by a Rule of 40-style framework.
U.S. stocks climb toward record closes as jobs data boosts bets of Fed pause
January 9, 2026, 2:38 PM EST. U.S. stocks edged higher as the December jobs report and a looming Supreme Court tariff ruling set the tone for the week's close. The S&P 500 rose about 0.6%, the Dow gained around 0.5%, and the Nasdaq advanced roughly 0.7%, with all three flirting with record closing highs. The payroll report showed 50,000 jobs added in December and unemployment at 4.4%, supporting bets the Fed will hold rates steady at the next meeting. Traders also await a possible Supreme Court decision on tariffs that could reshape trade. On the policy front, Trump said he directed Freddie Mac and Fannie Mae to buy $200 billion in mortgage-backed securities to ease mortgage rates, while Venezuela developments keep headlines moving.
S&P 500 near all-time high to start 2026; is it smart to buy stocks?
January 9, 2026, 2:37 PM EST. With the S&P 500 near an all-time high to begin 2026, investors weigh risk vs reward. The index posted 26% total return in 2023, 25% in 2024, and 18% in 2025, and momentum carries into the new year. Market history shows every all-time high was preceded by a prior one, and highs tend to cluster, signaling optimism rather than panic. BlackRock analysts note the average one-year return for the S&P 500 when at an all-time high is about 7.6%, below the 8.8% typical on other days, but three-year and five-year horizons are higher for high-date entries, suggesting long-term investors still benefit from staying exposed. When compared with cash or Treasuries, the expected return at an all-time high remains attractive, even as bonds offer income. Investors should balance valuations with growth, AI worries, and job data.
LEG.AX slides 18% pre-market as catalysts to watch include Rockford results, earnings window
January 9, 2026, 2:34 PM EST. Legend Mining's LEG.AX opened sharply lower in pre-market trade, down 18.18% to A$0.009 on volume of 2.01 million shares (relative volume 2.98; vs. average 759,450). No new announcements cited. The company has a market cap around A$35 million, and no EPS or PE. Meyka AI rates LEG.AX 62.5/100 (Grade: HOLD). Technicals show 50-day MA at A$0.00902 and 200-day MA at A$0.00824, with RSI ~59 and CCI 154. The stock's low float could fuel intraday volatility. Near-term catalysts: Rockford project results and the upcoming earnings window (due March 12, 2026). Risks include potential dilution, a thin revenue base, and commodity-price swings.
Cocoa futures slump as exporters hedge ahead of West African harvest
January 9, 2026, 2:24 PM EST. Cocoa futures slide after exporters rush to hedges against the coming West Africa harvest, sending March NY cocoa (CCH26) down 11.62% and March London cocoa (CAH26) down 10.33%. The moves pull NY to a six-week low and London to a one-month low, pressured by a firmer dollar index that lifted to a four-week high. Traders say hedging activity followed a rally earlier in the week tied to index-related buying, with Peak Trading Research estimating about 37,000 cocoa futures contracts could be purchased as part of index rebalancing, representing roughly 31% of open interest. On the supply side, Ivory Coast harvests are underway; farmers report healthier pods, and shipments to ports are down about 3.3% year-to-date. The ICCO cut its 2024/25 surplus and production forecasts, while the market eyes potential BCOM inclusion of cocoa. Ivory Coast remains the top producer.
Braze (BRZE) crosses below the 200-day moving average near $30
January 9, 2026, 2:23 PM EST. Braze Inc (BRZE) traded Friday near the $30 area after briefly crossing below its 200-day moving average of about $30.08. The shares dipped to as low as $29.50 and were off roughly 0.9% on the session. The setup centers on the chart's look at a one-year view versus the long-term average, a common indicator used to gauge trend direction. Braze's 52-week range runs from $23.91 to $48.33, with the last trade near $30.11. A break below the 200-day line can signal a shift in momentum, though no fundamentals were cited. The note underscores that the chart is informational, not investment advice.
CoStar Group Becomes Oversold as RSI Falls to 29.7 (CSGP)
January 9, 2026, 2:22 PM EST. Investors watch the RSI indicator, which measures momentum on a 0-100 scale; readings below 30 flag oversold. On Friday, CSGP hit 29.7 RSI after dipping to 59.33, with a last trade near 59.55. The stock's 52-week range is 59.33-97.43. SPY's RSI stood at 67.5, highlighting a divergence with the broader market. The move echoes Warren Buffett's caution to be fearful when others are greedy and greedy when others fear.
SPRY crosses above 200-day moving average as shares rise toward $12
January 9, 2026, 2:21 PM EST. ARS Pharmaceuticals Inc (SPRY) crossed above its 200-day moving average of $12.15 on Wednesday, trading as high as $12.25. The stock was about 4.2% higher on the day and last traded around $12.03. The 52-week range runs from $7.55 to $18.51. A one-year chart compares SPRY's performance with the moving average, illustrating the recent cross above the line. The note links to other stocks that recently crossed above their 200-day moving average.
Notable Friday Options Activity: BKNG, ULTA, ADM
January 9, 2026, 2:20 PM EST. Booking Holdings Inc (BKNG) drew Friday's notable options volume: 2,622 contracts traded, about 262,200 underlying shares and 132% of its 1-month average. The focus was the $5365 strike call expiring Jan. 09, 2026, with 260 contracts (roughly 26,000 shares). Ulta Beauty Inc (ULTA) saw 2,929 contracts, about 292,900 shares and 46.7% of its 1-month average (627,750). The top trade was the $662.50 strike put expiring Jan. 23, 2026, with 179 contracts (about 17,900 shares). Archer Daniels Midland Co (ADM) recorded 11,800 contracts, about 1.2 million shares and 40.1% of its average daily volume. The leading strike was the $62.50 call expiring Jan. 16, 2026, with 9,549 contracts (roughly 954,900 shares). Data from StockOptionsChannel.
Sugar Prices Slip as Dollar Strengthens; Brazil, India Output in Focus
January 9, 2026, 2:19 PM EST. March NY world sugar #11 (SBH26) is down 0.33% and March London ICE white sugar #5 (SWH26) off 0.28%. A stronger dollar pushed the DXY to a four-week high, weighing on sugar and most commodities. Losses are capped by expected index-related buying as funds rebalance; Citigroup projects about $1.2 billion in inflows into sugar futures for the BCOM and S&P GSCI indexes next week. Brazil's 2025/26 outlook stays bearish for prices after Conab raised production to 45 MMT and Unica showed Center-South output up 1.1% to 39.904 MMT through November; cane crush ratio rose. ISO pegs a 1.625 MMT sugar surplus in 2025/26, underscoring ample supply. In India, ISMA data show 2025/26 production up 25% y/y to 11.90 MMT in Oct-Dec, with exports possible as ethanol use forecasts fall.
AMC CEO flags 2026 profitability as box-office recovery looms
January 9, 2026, 2:15 PM EST. AMC Entertainment CEO Adam Aron says the company is tightening efficiency and liquidity and pursuing new revenue initiatives ahead of a potential industry recovery in 2026. He cited a multi-year slump in U.S. and Canada box office and said 2026 could bring a material industry rebound that would flow to AMC's EBITDA (earnings before interest, taxes, depreciation, and amortization) profitability given its market share. Aron highlighted balance-sheet discipline, debt reductions of about $2 billion over five years, and ample cash to weather rivals' strains. He warned there are no guarantees but the company remains confident in the long-term viability of theaters. Separately, AMC reported strong demand for Netflix's Stranger Things finale at 231 theaters, boosting in-theater revenue via food and beverage credits and underscoring AMC's share of event viewership.
Netflix-AMC ties may reshape cinema-streaming landscape into 2026
January 9, 2026, 2:14 PM EST. Renewed cooperation between Netflix and AMC Entertainment is gaining traction after years of friction over theatrical windows. Netflix reported more than 300 million global subscribers at end-2024, while AMC-the world's largest theater chain-has been wary of day-and-date releases. In recent months, the two companies staged joint events that fused streaming hits with theatrical showings. The KPop Demon Hunters Sing-Along drew more than 1,300 theaters in August, while a Halloween rerelease partnership and a Stranger Things cinema event drew hundreds of thousands of moviegoers, including 753,000 for the finale, about half of attendees. The market has noticed: AMC shares rose about 12% to around $1.63, and analysts see potential for more collaboration into 2026.
Snowflake's AI Portfolio Fuels Revenue Growth, Expanding Partnerships
January 9, 2026, 2:13 PM EST. Snowflake reports in Q3 FY2026 product revenue of $1.16 billion, up 29% year over year, driven by a robust portfolio and partnerships. The company's AI offerings, notably Snowflake Intelligence and Cortex AI, aim to govern data for generative apps. Ties with Google Cloud, SAP, Anthropic, and AWS expand the ecosystem, including a deeper integration of Gemini 3 models into Cortex AI, enabling scalable AI use without data movement. Management says AI accounted for about 50% of bookings in Q3 and 28% of deployed use cases. For Q4 FY2026, Snowflake guides product revenues of $1.195-$1.2 billion, about 27% year-over-year. Competition remains stiff from Amazon and Oracle, each pushing AI offerings and marketplaces. Over the last 12 months, Snowflake's stock has risen about 39%.
Coherent's margin expansion signals growth engine in Q1 FY2026
January 9, 2026, 2:12 PM EST. Coherent Corp COHR posted a robust margin expansion in Q1 FY2026, with gross margin up 249 basis points (bps) year over year and operating margin up 1,081 bps. Revenue rose 17.3% y/y as demand for its AI infrastructure portfolio remains strong, notably the 1.6T transceiver. The company launched 6-inch InP production in Jarfalla, Sweden to feed AI datacenters. Management sees a $2 billion addressable market for Optical Circuit Switches. Costs rose 2.7% y/y, modest against soaring demand; the Aerospace & Defense divestiture was accretive to gross margin and EPS. Shares have climbed ~85% over 12 months. On valuation, COHR trades at forward P/S around 3.8x, above peers. Zacks Rank Hold.
ATRO Outperforms Industry in a Month as Investors Weigh Fundamentals
January 9, 2026, 2:11 PM EST. ATRO shares rose 25.5% in the past month, beating the Zacks Aerospace-Defense Equipment group (+14%), the broader Zacks Aerospace sector (+6.9%), and the S&P 500 (+0.4%). Peers KTOS and RKLB gained 35.5% and 44.3%, respectively. The rally reflects favorable demand across defense and commercial aerospace. Preliminary 2025 results show Q4 revenue of $236-$239 million and full-year revenue near $860 million, with Q4 bookings around $257 million and full-year orders about $924 million. For 2026, management guides revenue $950-$990 million. Zacks Consensus pegs 2026 sales up 14.5% and earnings up 35%, with upward revisions in the past 60 days. The forward P/S trades at 2.36x, versus the industry 12.81x.
KBR undervalued after price slide, DCF shows potential upside
January 9, 2026, 2:08 PM EST. KBR trades around $43.69 after an 8.7% weekly move, with a 7.8% year-to-date gain and a 1-year drop of 23.0%. Five-year returns are up 44.8% but three-year losses persist. The swings spotlight value versus fundamentals. Simply Wall St rates KBR as undervalued, giving a perfect 6/6 on valuation checks. A DCF model, using a two-stage Free Cash Flow to Equity approach, yields an intrinsic value of about $107.78 per share, implying roughly 59.5% upside from the current price. The stock's P/E sits at 13.34x, below the industry average of 25.47x and peers at 24.91x. Simply Wall St's fair-value benchmark around 24.80x reinforces the case for a closer look at fundamentals.
NVIDIA, Lambda Anchor AI Cloud Growth Ahead of Lambda IPO
January 9, 2026, 2:07 PM EST. NVIDIA shares rose about 0.5% Friday after Lambda unveiled a pre-IPO round of at least $350 million. Lambda rents tens of thousands of NVIDIA chips in deals totalling about $1.5 billion to power its AI cloud services. Mubadala Capital is in talks to lead the round, offering shares roughly 20% below the expected IPO price. The funding aims to position Lambda for an IPO in the second half of 2026. Convertible notes provide investors equity or cash if the IPO does not occur within a year, plus an option to participate in the offering. Lambda competes with CoreWeave and Nebius in AI cloud. Revenue topped $520 million for the year ended September 2025, with Q3 sales up 80% year over year, but a $175 million loss. Microsoft remains a partner.
Rain in Brazil, Dollar Rally Pushes Coffee Prices Lower
January 9, 2026, 2:05 PM EST. March arabica and March ICE robusta fell as forecasts for rain in central Brazil ease dryness worries. A firmer dollar index weighed on most commodities, including coffee. Vietnam's 2025 output is seen rising, with exports up 17.5% year on year to 1.58 million metric tons, keeping robusta under pressure. In Brazil, Minas Gerais received 47.9 mm of rain in the week to Jan. 2, about 67% of the historical average, dampening arabica concerns. ICE arabica inventories moved from a 1.75-year low toward a 2.5-month high; robusta inventories also recovered after a year low. Conab raised Brazil's 2025 production forecast to 56.54 million bags, while Vietnam's 2025/26 crop is pegged near a four-year high at about 1.76 MMT. Overall, ample supplies weigh on prices.
Crude Rallies as Iranian Protests Escalate
January 9, 2026, 2:04 PM EST. Oil rose on tensions in Iran and solid US data, with February WTI up about 3.1% and February RBOB up about 2.0%. Iran's protests threaten more than 3 million bpd of crude output, helping lift prices as the risk of supply disruption grows. A stronger US economy supported demand: December unemployment at 4.4% and January University of Michigan sentiment at 54.0. The crack spread (the price gap between crude and refined products) rose to a three-week high, encouraging refiners to buy crude for gasoline and distillates. Funds also anticipated index rebalancing that could tilt flows into oil, with Citi forecasting inflows to BCOM and S&P GSCI futures. China's December imports rose about 10% m/m to 12.2 mbpd, aiding demand. Headwinds include Saudi price cuts and a potential surplus, while OPEC+ kept a plan to pause production increases in Q1 2026.
GSK (LSE:GSK) at £18.86: DCF Signals Undervaluation Despite Year-Long Rally
January 9, 2026, 2:03 PM EST. GSK trades at £18.86 after a year that delivered roughly 45.9% returns. Over the week and month, it has posted modest gains as investors weigh its pharma and biotech positioning. A DCF model puts the stock at an intrinsic value of £43.59 per share, implying a 56.7% discount to the current price and labeling the stock undervalued on this measure. A second approach shows a P/E of 13.8x, well below the industry average of 23x and the peer group's 17.7x. A Fair Ratio of 26.1x is cited as the normal price-to-earnings benchmark. The overall valuation rating stands at 5/6. The question remains whether the rally has priced in risk and future growth.
Argentina repays IMF loan as Milei stabilizes markets
January 9, 2026, 1:53 PM EST. Buenos Aires repaid a tranche of its IMF program, a move that signals relief as markets become unsettled under President Milei. The payoff eases near-term pressure on foreign reserves and allows the government to present reform steps as gaining traction. In response, the peso steadied and sovereign bonds edged higher; traders cautioned that sustained fiscal consolidation and structural reforms remain essential. The repayment underlines the US-led IMF framework as Argentina seeks to restore market access, even as Milei's agenda confronts resistance in Congress and the broader economy.
AMC shares near $1.45 as pre-Christmas box office strengthens amid fresh lows
January 9, 2026, 1:52 PM EST. AMC Entertainment Holdings trades near $1.45 after an all-time low, even as its pre-Christmas weekend box office for Avatar: Fire and Ash marks the strongest since 2021. The 30-day return runs 36.4% while the 12-month total shareholder return fades 63.3%, underscoring fading momentum. The company reports annual revenue of $4.867 billion with a net loss of $640.6 million. Analysts' narratives split between a reset in expectations and upside from premium formats like IMAX, Dolby Cinema and laser projection. A cited fair value of $3.34 implies the stock is undervalued, but risks remain if attendance stays below pre-pandemic levels and equity issuance continues to weigh on earnings. Investors balance near-term box-office momentum against longer-term earnings prospects.
Northrop Grumman could beat again on positive ESP and past surprises
January 9, 2026, 1:51 PM EST. Northrop Grumman Corp. (NOC) has a streak of beating estimates, with the last two quarters delivering surprise kicks. In the latest report, earnings were $6.32 a share versus a $5.83 consensus, an 8.4% beat. The prior quarter showed $6.27 vs. $5.75 expected, a 9.0% surprise. Zacks data show Earnings ESP at +0.86% and a Hold rating, suggesting a possible repeat if revisions stay bullish. Analysts have nudged up near-term estimates, supporting the beat thesis ahead of the next print due July 25, 2024. Investors should watch defense-budget signals, order momentum and program execution as key drivers of the stock's path.
AMC Entertainment slides as market nudges higher; earnings eye
January 9, 2026, 1:49 PM EST. AMC Entertainment shares fell 4.61% to $1.45 in the latest session, underperforming a near-flat S&P 500 (+0.01%), while the Dow rose 0.55% and the Nasdaq dropped 0.44%. Over the past month, AMC is down 31.22%, lagging the Consumer Discretionary sector (+0.47%) and the S&P 500 (+0.86%). The company's upcoming earnings are in focus, with consensus for EPS of -$0.06, a 66.7% year-over-year improvement, and revenue of $1.39 billion, up about 6.2%. For the full year, analysts expect EPS of -$1.15 and revenue of $4.95 billion. Zacks ranks AMC #4 (Sell); the firm notes near-term momentum links to estimate revisions. Industry: Leisure and Recreation Services, ranked 75th out of 250+ industries.
Cencora (COR) Valuation Check: Momentum Cools as Shares Hover Near $335
January 9, 2026, 1:48 PM EST. Cencora (COR) shares hover around $335.74 after a muted 90-day run, even as the stock shows strong longer term total returns. The latest view flags a valuation gap: last close near a narrative fair value of about $387.93, implying upside if earnings and margins hold. Our Do it your way tools point to a separate fair value from the SWS DCF model of about $694.01, suggesting a wide divergence with the market price. Cencora is investing in digital infrastructure and analytics to ride healthcare digitization and regulatory shifts such as the Drug Supply Chain Security Act, aiming to lift net margins and operating income. Risks include thinner fees from biosimilars/generics and softer international logistics, which could cap earnings power. Readers are invited to compare narratives and explore other screens for ideas.
Sodexo valuation under debate after share-price weakness
January 9, 2026, 1:47 PM EST. Sodexo's stock has weakened, with a 3-month decline of 17% and a 12-month drop of about 38%, despite modest revenue and net income growth. The latest analysis points to fading momentum as investors reassess risk. On one side, the narrative argues the shares sit close to fair value due to steady cash flow, evolving working capital management, and planned capex for contract mobilizations; the stated fair value from that view is €54.44 (undervalued) vs a 20.3% gap to the last close of €43.40. On the other side, a DCF model yields about €33.50, suggesting the stock may be overvalued at current prices. Key risks linger: weaker net signing and slower healthcare contract ramps. Investors should compare earnings-multiple vs cash-flow assumptions.
Rich Sparkle Holdings Limited (ANPA) Stock Price – Live Quotes & Charts
January 9, 2026, 1:46 PM EST. Rich Sparkle Holdings Limited, ticker ANPA, shows a sharp move as the latest quote registers a gain of +$59.75, about 246.90% higher. The page displays a Candlestick chart across 1D, 5D, 1M, 6M, 1Y, 5Y timeframes, illustrating the swing. A market headline asks if these popular stocks are running on empty and cites a little-known indicator called 'Bullish Fuel', said to flag big-name names. The Analyst Ratings section records an average target of $0 based on 0 analyst ratings in the last 3 months. The Earnings note states: 'We don't currently have information about Rich Sparkle Holdings Limited's earnings.' The report hints at volatility amid lacking fundamentals.
REG – Euronext Dublin to buy back Series 13 Securities Physical Gold (DB ETC PLC)
January 9, 2026, 1:35 PM EST. DB ETC PLC said it will repurchase its Series 13 Securities Physical Gold on Euronext Dublin as part of a regular buyback program. The move aims to support liquidity and value for holders of the certificates, which are a form of ETC-an exchange-traded certificate backed by physical gold. The issuer did not disclose the buyback size or price terms in the update. Market data for the listing comes from ICE Data Services and reference data from FactSet, with filings handled by Quartr. This action follows standard practice for gold-backed securities seeking to manage capital and liquidity.
Intel climbs after Trump meeting as markets await jobs data
January 9, 2026, 1:34 PM EST.Intel rose 2.6% premarket after President Trump said he had a "meeting" with CEO Lip-Bu Tan. In August, the government bought a 10% stake in Intel, the chipmaker's biggest shareholder. Investors awaited key unemployment data and a Supreme Court tariff ruling, lifting futures ahead of the release. GM shares fell 2% after it said it will record $7.1 billion in extraordinary costs in Q4 2025 due to EV output reductions and China restructuring. TSMC rose 0.6% as demand for AI goods supported revenue growth of 20.45% in Q4. Tilray jumped 10% on record second-quarter revenue, while Nuscale Power jumped more than 13% after Bank of America downgraded it to neutral from underperform. Qualcomm slipped 1.6% on a Mizuho downgrade amid a weak mobile market and Apple's modem business. Today's data and tariff ruling will frame 2026 rate and policy bets.
Euronext wheat pauses ahead of USDA data
January 9, 2026, 1:32 PM EST. Euronext wheat futures paused as traders shift focus to the USDA data due later this week. Quiet trading volumes left moves modest, with markets awaiting fresh supply and demand signals from the U.S. crop outlook. Front-month prices held near recent levels, reflecting cautious sentiment across grain markets ahead of the USDA report.
US stocks edge higher as data show resilient labor market; Fed cut odds eyed
January 9, 2026, 1:31 PM EST. US stocks gained, led by the S&P 500, Dow, and Nasdaq 100 futures after data suggesting a resilient labor market and improving sentiment. The S&P 500 rose 0.38%, Dow up 0.21%, Nasdaq 100 up 0.59; March E-mini futures also higher. Payrolls added 50,000 in December, short of expectations, while the unemployment rate dipped to 4.4% and average hourly earnings rose 3.8% year over year. Housing starts showed a 5.5-year low, with permits edging higher. The University of Michigan's sentiment index jumped, lifting confidence. Higher bond yields, with the 10-year note around 4.20%, weighed on equities modestly. Markets price in about a 5% chance of a -25 bp Fed cut at the January meeting. Global stocks followed higher, with Europe and China rallying.
TGN.AX jumps 19% in pre-market on ASX; focus on tungsten updates and March earnings timetable
January 9, 2026, 1:30 PM EST. At the ASX, TGN.AX traded up 19.4% in pre-market to A$0.215 on Jan 10, 2026, with 297,259 shares changing hands and a 50-day average volume of about 1.63 million. Market cap sits near A$160 million. Investors eye updates on tungsten and base metals projects and the upcoming March earnings timetable. In the last 12 months, revenue was A$106,616 and net loss A$7.82 million; cash stood at A$2.52 million, debt at A$4.56 million, leaving a net cash deficit of A$2.04 million. Technicals are neutral to mildly bullish: price above the 50-day moving average, RSI ~52, ADX ~23. OBV shows accumulation. Meyka AI rates TGN.AXSELL with a 12-month target of A$0.32, implying about 30% upside to current levels. Risks include negative operating cash flow, a 0.56 current ratio and a negative Altman Z-Score of -0.19. Catalysts: resource updates and earnings timetable.
Franklin Global Trust buys back 15,495 shares at 357.60p to Treasury
January 9, 2026, 1:15 PM EST. Franklin Global Trust plc bought back 15,495 ordinary shares at 357.60p on 9 January 2026, to be held as treasury. Following the trade, it now holds 49,946,231 shares in treasury and has 48,729,676 ordinary shares with voting rights (excluding treasury shares) in issue. The update comes via an RNS filing from the London Stock Exchange. The move is standard capital management, not funded by external financing, and reduces the number of voting shares outstanding while preserving liquidity.
FTL.AX at A$0.11 on ASX as oversold bounce flags near-term upside
January 9, 2026, 1:00 PM EST. FTL.AX trades at A$0.11 in ASX pre-market on 10 January 2026, after an oversold move. Volume is elevated at 1.881 million shares; the 50-day average sits at A$0.09. The Basic Materials sector is rallying, lifting exploration names. The stock has rebounded from a 52-week low of A$0.05 to A$0.11, a 120% bounce. The 50/200-day averages suggest momentum above longer-term support, with relative volume near 2.0x. Fundamentals show EPS -0.03 and a negative PE of -3.67; P/B 0.75; current ratio 6.32. Meyka AI scores FTL.AX at 66.5/100 (Grade: B). Near-term plan: entry near A$0.10 on volume, targets A$0.14 and A$0.18, stop at A$0.08; risk controls plus attention to drills and commodity trends.
Shell narrative shifts as analysts diverge after mixed updates
January 9, 2026, 12:56 PM EST. Shell's fair value estimate was nudged to €31.03 from €31.31 as analysts adjust for execution, cash generation and medium-term growth. The discount rate remains 7.07%, keeping the risk framework unchanged amid mixed sentiment after a recent rally. The debate centers on whether Shell can sustain cost discipline, grow LNG and sustain capital returns in a softer crude backdrop. Bulls at Piper Sandler, Jefferies, Morgan Stanley, TD Cowen and Citi lift price targets, citing resilient free cash flow and 2030 LNG plans. Bears at UBS (Neutral, 3,000 GBp) and Wells Fargo with softer targets flag valuation and growth concerns. The inputs continue to shape Shell's evolving equity story.
FTSE 100 ends week higher as Rio Tinto-Glencore talks lift miners
January 9, 2026, 12:52 PM EST.FTSE 100 closes the week at 10,124.60, up 0.8%, as a potential mega-deal in mining buoyed sentiment. The index posted a 1.7% weekly gain, with miners among the leaders after talks between Rio Tinto and Glencore were confirmed and framed as an all-share merger via a scheme of arrangement. Rio has until February 5 to announce a firm offer. Glencore jumped about 9.6%, while Rio fell roughly 3%. Other miners rose: Antofagasta +4.1%, Anglo American +2.7%. Oil names also supported markets as Brent rose to around $63.42/bbl. BP and Shell climbed about 2-3%. Analysts said the deal could scale copper exposure; Bank of America saw M&A as a way to manage growth and project risk.
Dollar edges higher after mixed US payrolls as Fed rate-cut odds shift
January 9, 2026, 12:47 PM EST. Dollar climbs to a four-week high as traders digest a mixed US payrolls report. The DXY rose about 0.2% after payrolls missed forecasts, yet the unemployment rate fell and average hourly earnings rose more than expected, sustaining hawkish bets on the Fed. The University of Michiganconsumer sentiment index beat expectations, supporting the dollar. The Supreme Court deferred ruling on Trump tariffs, keeping policy risk in play; a ruling against tariffs could widen the deficit and weigh on the dollar. Markets imply roughly a 5% chance of a -25 bp cut at the FOMC meeting. The greenback is supported by liquidity moves, including $40 billion a month in T-bill purchases, with cross-asset policy expectations still diverging. EUR/USD slid.
Sensex, Nifty Extend Losses for Fifth Session as Global Uncertainty Sustains Foreign Outflows
January 9, 2026, 12:42 PM EST. Sensex (S&P BSE Sensex) and Nifty (NSE Nifty 50) closed lower for a fifth straight session as foreign outflows and tariff fears weighed on trading, while uncertainty ahead of key U.S. events kept risk appetite subdued. The Sensex fell 605 points to 83,576 and the Nifty slid 193.5 points to 25,683, after opening near 25,840 and tracking a low of 25,648. Traders eyed a U.S. Supreme Court ruling on tariffs and India's December inflation data due Monday. A sanctions bill linked to Russia's oil and a fresh wave of global tariff talk fed the pressure. ONGC and Bharat Electronics were among the few gainers; Nifty Realty led the losses. The rupee weakened to 90.11 per dollar as FII selling persisted.
Euronext Dublin Market Notice lists data providers, reference data and filings
January 9, 2026, 12:32 PM EST. Euronext Dublin issued a market notice cataloging the data and document sources used on its platform. It says market data is provided by ICE Data Services and reference data by FactSet. Copyright notes cite FactSet Research Systems Inc., the American Bankers Association, and others. The notice confirms the CUSIP database is supplied by FactSet. It also credits Quartr for SEC filings and other documents, and flags TradingView, Inc. for charting content. The disclosures appear standard, intended to clarify sourcing, rights and attribution for Dublin listings and live feeds.
Euronext Dublin issues regulatory notice on holding-period and cash-proceeds arrangement tied to Ukraine representation
January 9, 2026, 12:30 PM EST. Euronext Dublin has published a regulatory notice on a holding-period arrangement and a cash-proceeds arrangement. The document notes Ukraine represented by the country's Minister of Finance. Catalogued under REG, the filing carries standard market-data disclosures from ICE Data Services and FactSet, and copyright notices from FactSet Research Systems, the American Bankers Association, Quartr, and TradingView. The notice appears in feeds tied to regulatory filings and market data feeds.
Abbott Laboratories Rises to No. 97 in S&P 500 Analyst Moves
January 9, 2026, 12:29 PM EST. Abbott Laboratories moves up to No. 97 in the S&P 500analyst moves, rising one spot as brokers recalibrate the component's appeal. The ranking is formed by averaging opinions from each broker across the 500-name index. ABBOTT's year-to-date price shows a 2.1% gain. The update reflects shifts in sentiment rather than guidance, and mirrors the pace of revisions among large-cap healthcare names this quarter. The views expressed here are those of the author and do not necessarily reflect Nasdaq, Inc.
NuScale Power stock climbs after Bank of America upgrade
January 9, 2026, 12:28 PM EST. NuScale Power shares rose on Monday after Bank of America upgraded the stock to neutral from underperform and trimmed the price target to $28 from $34. The new target still implies an upside of more than 42% from yesterday's close of $19.67. The note cites the company's advanced nuclear reactor design and a TVA agreement as factors that lower the risk profile. By 10:26 a.m. ET, the stock was about 8% higher on the day after an earlier 5.8% gain, following a 15% surge Friday. NuScale remains loss-making and profitability is not assured, so the stock remains a high-risk, speculative play. Some investors may prefer a nuclear energy ETF for exposure.
Sensex, Nifty fall over 2% as markets await US Supreme Court ruling on Trump tariffs
January 9, 2026, 12:27 PM EST. Indian equity benchmarks Sensex and Nifty slipped more than 2% over five sessions as traders awaited a US Supreme Court decision on Trump-era tariffs. Markets have been led by a stalemate in India-US trade talks, Trump's tariff threats, and a US Senate bill proposing 500% levies on countries buying Russian crude. A ruling striking down the tariffs could make India a notable beneficiary, especially for exporters to the US. Conversely, a decision that leaves tariffs intact or narrows the ruling could leave room for the administration to pursue alternative measures. Geojit's Dr. V K Vijayakumar warned that if tariffs are illegal, a wider US deficit could lift yields and dent US stocks, while Indian markets could gain on clearer trade optics. The tariff drama could linger, and risk assets may rally on clarity.
Cocoa futures climb on index rebalancing bets as West Africa harvest outlook improves
January 9, 2026, 12:26 PM EST. Thursday's cocoa rally followed index-rebalancing bets. March NY cocoa (CCH26) +2.74%, March London (CAH26) +2.56%. Peak Trading Research estimates about 37,000 cocoa contracts could be bought for rebalancing, about 31% of open interest. Ivory Coast and Ghana harvest conditions improve sentiment; Mondelez says West Africa pod counts are 7% above the five-year average. Ivory Coast's main crop has begun; shipments through Jan 4 total 1.073 MMT, down 3.3% from a year ago. Bloomberg Commodity Index inclusion could draw up to $2 billion into NY cocoa futures. US port inventories rose to 1,658,056 bags on Thursday after a Dec. 26 low of 1,626,105. ICCO cut 2024/25 surplus to 49,000 MT and 2025/26 Rabobank surplus to 250,000 MT; EUDR deforestation-law delay keeps supplies ample.
Harmonic dips below its 200-day moving average
January 9, 2026, 12:15 PM EST. Harmonic, Inc. (HLIT) shares fell below their 200-day moving average (a simple average of the last 200 days' closing prices) of $9.56 on Friday, trading as low as $9.29. The stock was down about 3.2% on the session. The last trade printed at $9.30. The 52-week range runs from $7.80 to $13.11. HLIT's move comes as traders monitor trend lines and potential support around the long-term average.
WHD YieldBoost: May 55 call could lift yield to 15.5%
January 9, 2026, 12:13 PM EST. Cactus Inc (WHD) holders can push income higher with a YieldBoost by selling the May 55 call at the $55 strike, collecting a $2.55 premium. The premium would annualize to about 14.4%, lifting the base 1.1% dividend yield to roughly 15.5% if WHD stays below 55. If the stock is called away, upside is capped, but reaching the 55 strike would imply a 7.4% rise from current levels and would deliver about 12.4% on the trade plus any dividends collected beforehand. The stock trades near $51.34 with trailing volatility around 45%. The analysis warns dividend predictability varies and uses chart data and volatility to judge the risk/reward of the 55 strike.
Stocks Climb on a Resilient US Labor Market, Payrolls and Unemployment Data Rally
January 9, 2026, 12:12 PM EST. U.S. stocks edged higher as payrolls reinforced a resilient labor market. The S&P 500 rose 0.27%, the Dow gained 0.05%, and the Nasdaq-100 added 0.10%; March index futures were higher as well. December nonfarm payrolls rose by 50,000, below consensus of 70,000, while the unemployment rate dipped to 4.4% and average hourly earnings rose 3.8% year over year. Housing data were mixed: starts fell 4.6% to a 5.5-year low; permits rose more than anticipated. Short covering helped lift prices ahead of a possible Supreme Court ruling on tariffs. Markets also priced in about 5% odds for a 25-bp rate cut at the Jan. 27-28 FOMC meeting. Global equities rallied-Euro Stoxx 50 up 1.15%, Shanghai +0.92%, Nikkei +1.61%-and the 10-year yield rose toward 4.19%.
FTSE 100 ticks higher as Rio Tinto-Glencore merger talks surface; Sainsbury's Q3 sales rise
January 9, 2026, 12:11 PM EST. UK stocks closed higher, with the FTSE 100 up 0.83% as markets shrugged off domestic data on a light session. The focus was on Rio Tinto and Glencore, confirming preliminary talks over a potential merger that could involve an all-share deal while preserving both firms' London listings. Glencore jumped about 8.6%, Rio Tinto fell around 3%. Rio Tinto has until Feb. 5 to state whether it will make a firm offer. On the consumer side, Sainsbury's said Q3 retail sales excluding fuel rose 3.9% YoY to £10.03 billion, with Christmas-period sales up 3.3%. The stock finished as the index's biggest faller, down about 5.6%. Bernstein flagged a grocery spillover but weakness in general merchandise and Argos; LFL growth at 3.4% vs 3.6% consensus.
Old Republic International (ORI) Valuation After Pullback
January 9, 2026, 12:05 PM EST. Old Republic International (ORI) has paused after a period of mixed returns. The stock is roughly flat over the past month and three months, with a 5.78% gain in the past week and a small year-to-date decline; the one-year total shareholder return is about 36%. At $43.00, the stock carries a value score of 4, an estimated intrinsic discount of about 39%, and a current gap to the analysts' $49 target. The prevailing narrative pegs fair value near $49, leaving a clear valuation gap for investors. Analysts cite active capital management – prudent reserving, occasional dividends, and buybacks – plus investments in new underwriting subsidiaries to support EPS growth and book value. Risks include real estate headwinds for Title Insurance margins and softer reserve benefits and investment income.
NVR crosses above 200-day moving average; shares rise about 2%
January 9, 2026, 12:03 PM EST.NVR Inc. shares traded above their 200-day moving average Friday, hitting as high as $7,589.00. The move leaves the stock about 2% higher on the session. The 200-day moving average sits at $7,522.00, according to data from TechnicalAnalysisChannel.com. In today's action, the last trade printed around $7,551.66, while the 52-week range runs from $6,562.853 to $8,618.28. The chart referenced shows a one-year performance versus the DMA, a moving-average line used to gauge trend. Crossing above the DMA can signal momentum, but it does not guarantee further gains. DMA information above was sourced from TechnicalAnalysisChannel.com.
Taylor Morrison shares rise above 200-day moving average (TMHC)
January 9, 2026, 12:02 PM EST. Taylor Morrison Home Corp (TMHC) shares rose Friday after crossing above their 200-day moving average of $61.63, reaching an intraday high of $63.66. The stock was up about 4.1% on the day and last traded at $63.25. The 200-day moving average sits at $61.63. The 52-week range runs from $51.895 to $72.50. The move highlights a technical breakout above the trend line traders monitor for momentum.
UWM Holdings (UWMC) Crosses Above 200-Day Moving Average
January 9, 2026, 12:01 PM EST. UWM Holdings Corp (UWMC) rose after crossing above its 200-day moving average of $5.02, trading as high as $5.24 on Friday. The stock was up about 10.7% for the session, with the last trade at $5.25. UWMC's 52-week range runs from $3.795 to $7.14. The move signals momentum following the breakout, and traders will watch whether the gain sustains beyond the near-term level near the 200 DMA. The chart compares the one-year performance against the moving average, illustrating the stock's swing and proximity to the key indicator.
S&P/TSX up over 200 as U.S. stocks climb; commodities rally
January 9, 2026, 12:00 PM EST. Canada's S&P/TSX composite rose more than 200 points in late-morning trading as strength in the energy, technology and base metals sectors lifted the index. In the United States, Dow Jones industrial average gained about 229 points, the S&P 500 added roughly 38 points and the Nasdaq advanced about 166 points. The Canadian dollar traded at 72.00 US cents. The February crude oil contract was up $1.62 at $59.38 per barrel and the February gold contract rose $55.40 to $4,516.10 an ounce.
Sylvamo crosses above 200-day moving average; SLVM shares rise
January 9, 2026, 11:59 AM EST. Sylvamo Corp (SLVM) shares rose after crossing above its 200-day moving average of $37.15 on Tuesday, trading as high as $37.57 and up about 5.1% on the session. The move puts the stock above a key long-term trend line visible on the chart. The last trade was $37.12, inside a 52-week range of $24.63 to $53.00. The 200-DMA is a common momentum gauge; a cross above can signal strength, though confirmation is typically needed. The note did not cite company-specific news.
Coforge closes after hours at INR 1642; Meyka AI sees ~22.6% 12-month upside
January 9, 2026, 11:58 AM EST. COFORGE.NS closed after hours at INR 1642.00, down 3.50% on 09 Jan 2026 as tech weakness and midcap IT rotation weighed on the stock. Volume was 1.643 million, below the day's average. YTD returns stand at -6.99% and 1-year at +11.01%; the Tech index is down 11.83% YTD. EPS is INR 32.50 with a trailing P/E of 50.68, above the sector 46.39. Market cap about INR 551.38 billion; BVPS INR 266.66; P/B 7.99; operating margin 33.14%; ROE 15.82%. Technicals show RSI 35.38, MACD negative, ADX 31.62. Meyka AI rates COFORGE.NS60.99 (B) and suggests HOLD. The company provides digital process automation, AI and cloud services; earnings due 22 Jan 2026. Meyka projects a 12-month target of INR 2013.33, implying ~22.6% upside from 1642.
City Office REIT to delist 6.625% Series A preferred stock from NYSE
January 9, 2026, 11:55 AM EST. City Office REIT, Inc. is moving to delist its 6.625% Series A Cumulative Redeemable Preferred Stock from the NYSE. The delisting follows a Form 25 notification filed under Section 12(b) of the Securities Exchange Act of 1934, in which the NYSE states it has reasonable grounds to proceed with removal and has signed the notice. The filing is dated 2026-01-09 and lists the issuer as City Office REIT, with the security described as the 6.625% Series A Cumulative Redeemable Preferred Stock. The notice cites the issuer's address on file as Vancouver and reiterates the exchange responsibility for the removal. The result is removal from listing and registration on the NYSE.
WisdomTree India Earnings Fund (EPI) crosses below the 200-day moving average
January 9, 2026, 11:54 AM EST. WisdomTree India Earnings Fund (EPI) shares fell after crossing below their 200-day moving average of $45.33 on Monday, touching as low as $45.27. The ETF was down about 1.2% on the session. A one-year chart shows EPI's performance versus the 200 DMA. In the past 52 weeks, the issue traded between a low of $39.98 and a high of $50.99; the latest print was around $45.30. The move follows a broader pattern of ETFs crossing below key moving averages; Reuters typically notes such signals as potentially tempering near-term momentum. The views expressed herein are those of the author and do not necessarily reflect Nasdaq, Inc.
INDA Drops Below 200-Day Moving Average
January 9, 2026, 11:53 AM EST. iShares MSCI India ETF INDA slipped below its 200-day moving average of $54.72 on Tuesday, trading as low as $54.54 and down about 1.8% on the session. The move puts the ETF under a widely watched technical benchmark that smooths price action over roughly 200 trading days. The 52-week range runs from $47.38 to $59.49, with the latest print near $54.59. Traders will watch whether the ETF sustains below the moving average or recovers. Tuesday's action follows a year-long pattern that has kept INDA oscillating near its mid-point.
iShares Floating Rate Bond ETF crosses above 200-day moving average
January 9, 2026, 11:52 AM EST. Shares of the iShares Floating Rate Bond ETF (FLOT) rose above its 200-day moving average of $50.91 on Friday, trading as high as $50.92. The ETF last traded near $50.91 and was flat for the session. The 52-week range runs from $49.75 to $51.34. The move above the average is a bullish technical signal, pointing to near-term momentum; no fundamental change was reported.
Trainline risk-reward narrative persists as fair value stays at £3.88; targets span £3.00-£5.00
January 9, 2026, 11:50 AM EST. Trainline's updated narrative centers on risk-adjusted returns rather than shifts in its modelled fair value of £3.88 per share. The discount rate is 9.15%, while long-term revenue growth is modelled at 4.46%, keeping the core valuation steady even as Street targets span from £3.00 to £5.00. Bullish analysts such as Berenberg see room for upside with a £5.00 target, while JPMorgan sits at £3.00 with a Neutral stance, highlighting how near-term risks shape entry points. The firm completed two 2025 buyback tranches, removing over 32 million shares for about £90m in total, underscoring capital returns. Fair value remains unchanged; the discount rate nudges slightly from 9.19% to 9.15%.
Western Alliance Bancorporation: Price vs Intrinsic Value Signals Undervaluation
January 9, 2026, 11:49 AM EST. Western Alliance Bancorporation (WAL) closed at US$89.72. An Excess Returns model assigns an intrinsic value of US$189.78, signaling a 52.7% undervaluation. Inputs include current book value at US$65.26 per share and a stable EPS US$11.94, with a long-run ROE of 14.71% and a longer-run book value around US$81.13 per share. The implied spread suggests upside versus the price. The stock has returned about 13.2% over the last year, with stronger 3- and 5-year tailwinds. Investors should weigh the valuation against macro risk factors for regional banks and potential shifts in regulation and funding conditions.
ITV target cuts reflect cautious near-term view as Sky talks loom
January 9, 2026, 11:47 AM EST. ITV's latest update keeps fair value at £0.80 while trimming the official price target amid higher discount rates and more cautious revenue forecasts. The discount rate is the rate used to convert future cash into present value; a higher rate lowers today's value. JPMorgan still assigns an Overweight rating, lowering its target to 105p from 112p to reflect nearer-term risks but still sees upside. The cut signals caution on execution and growth, not a wholesale rethink of the longer-term case. Separately, Comcast's Sky is reportedly in preliminary talks to buy ITV's media and entertainment arm for an enterprise value (EV) of about £1.6 billion; ITV notes terms are not set and there is no certainty a deal will proceed.
UPS could be undervalued after recent price weakness, as DCF signals upside
January 9, 2026, 11:46 AM EST. United Parcel Service shares finished at $106.97, reflecting a pullback that has left investors weighing growth, risk and valuation. The stock has risen about 7.8% in the last week and 10.3% over the past 30 days, but remains down 9.8% from a year ago and trails longer horizons. A two-stage Free Cash Flow to Equity model yields an intrinsic value of $129.60 per share, implying about 17.5% upside and labeling UPS as undervalued on this approach. The model uses trailing FCF of roughly $3.71 billion and forecasts to 2029-2035, with a current price-to-earnings context noted but not decisive. Investors should weigh P/E considerations alongside delivery volumes, competition, and global trade patterns before rebalancing exposure.
Santa Claus rally turns negative for three straight years, first since 1950
January 9, 2026, 11:44 AM EST. Historically, the Santa Claus rally-the last five trading days of December and the first two of January for the S&P 500-produces gains about 78% of the time, with an average advance of 1.3%. This year, performance was weak: 2024 fell 0.9%, 2025 fell 0.3%, and 2026 slipped 0.1%. For the first time since at least 1950, the window posted three straight negative returns. Still, the measure is not a precise forecast: in up years the index has risen about 10.4% for the full year, while in down years it has gained ~6.1%. The rarity of three consecutive negatives in this window underscores heightened risk, though there is no certainty about what comes next.
Meritage Homes crosses above 200-day moving average as MTH climbs
January 9, 2026, 11:42 AM EST. Meritage Homes Corp (MTH) crossed above its 200-day moving average of $69.95 on Friday, trading as high as $71.81. The stock was up about 3.9% on the session. The 200-day moving average is a long-run trend gauge used to measure momentum. The shares traded within a 52-week range of $59.27 to $84.735, with the last trade at $71.86.
Avient crosses above its 200-day moving average; AVNT climbs
January 9, 2026, 11:41 AM EST. Avient Corp (AVNT) rose after its shares crossed above the 200-day moving average of $37.37 on Monday, trading as high as $37.71. The stock was up about 1.7% for the session. The chart shows a one-year view of AVNT shares versus the moving average. The 52-week range sits at $28.28 to $44.74, with the last trade near $37.70. A move above the moving average can signal bullish momentum, though the data here simply notes the price action and range. No guidance is provided. Investors should monitor whether the step above the MA holds, guiding near-term direction.
Sensient Technologies crosses above 200-day moving average; SXT trades near $98
January 9, 2026, 11:40 AM EST. Sensient Technologies Corp. (SXT) moved above its 200-day moving average on Friday, trading intraday as high as $98.14 after last price around $97.33. The 200-day moving average sits at $97.14, a benchmark many traders use to gauge long-term trend. The stock was up about 0.3% on the session. The 52-week range runs from $66.145 to $121.54. A cross above the line is often cited as a potential bullish signal, suggesting momentum may be turning, though investors typically consider other factors before acting.
UDR valuation mixed as DCF signals undervaluation despite high P/E
January 9, 2026, 11:38 AM EST. UDR closed at US$37.32, with mixed momentum: +1.7% over the last week, +6.9% in the last month, +1.7% year to date, and a 5.4% decline over the past year. The stock's valuation checks score 2/6. A Discounted Cash Flow (DCF) model puts intrinsic value at about $56.35 per share, versus the current $37.32, signaling a 33.8% discount and an undervalued read on this method. On a Price-to-Earnings (P/E) basis, UDR trades at 85.10x, well above the Residential REITs industry average of 20.70x and the peer group average of 28.44x. The mix reflects market caution toward listed residential real estate and the need to weigh growth prospects against risk. The piece frames its analysis with two approaches and notes the nuanced picture rather than a single metric.
Maven Renovar VCT plc reports unaudited NAV of 62.01p per share as of Jan. 8, 2026
January 9, 2026, 11:35 AM EST. Maven Renovar VCT PLC said its unaudited NAV per Ordinary Share was 62.01p as of 8 January 2026, after accounting for items receivable or chargeable to the income account. NAV, or net asset value, equals the fund's assets minus liabilities, divided by the number of ordinary shares. The update was released via RNS on behalf of the company by Maven Capital Partners UK LLP. For more information, contact CoSec@mavencp.com.
AUB Group shares hold steady as investors weigh deal integration
January 9, 2026, 11:34 AM EST.AUB Group shares held steady as investors weigh deal integration progress. Over the past year, the investment outcome has been measured rather than dramatic. Based on historical prices, the shares traded in the low- to mid-AUD$20s around the same period last year. At current levels, that equates to capital appreciation of roughly 10% to 15%, depending on entry point. Including dividends, a hypothetical AU$10,000 investment made 12 months ago would now be worth about AU$11,000 to AU$11,500.
Intel stock rally grows on foundry optimism as Panther Lake and Nvidia backing support turnaround
January 9, 2026, 11:33 AM EST. Intel shares rose more than 6% on Wednesday as investors grew optimistic about its foundry business. The week saw the launch of Panther Lake, its first AI PC chips built on the long-delayed 18A process, a milestone after years of costly efforts. Leadership changes earlier in the year, with Lip-Bu Tan taking the helm, have focused on cost cuts and asset sales to stabilize finances. The company also benefited from government backing and a separate investment by Nvidia: the Trump administration pledged nearly $10 billion, making the U.S. government a major shareholder, and Nvidia committed $5 billion to collaboration. Analysts like Ben Reitzes of Melius Research told CNBC the backing could help, though the path remains uncertain. Traders cited cash infusions and public support as catalysts for the stock's momentum.
Charles Schwab appears fairly valued after 40% one-year rally, Excess Returns model shows
January 9, 2026, 11:31 AM EST. Charles Schwab is trading near US$101 a share after a 40.5% annual gain. A valuation check marks the stock as ABOUT RIGHT and anchors the intrinsic value at about $105.64, roughly 4% above the current price. The Excess Returns model uses a book value of $23.85, stable earnings of $6.88, ROE of 20.76%, and a cost of equity of $2.90, implying $3.98 in excess earnings per share; a stable book value of $33.12 per share supports the estimate. On multiples, Schwab trades at a P/E of 23.18x, below the industry average of 25.87x and the peer group average of 29.70x, suggesting modestly lower valuation versus peers. The takeaway: valuation is reasonable, but sentiment-driven moves can materialize quickly.
Amazon Pharmacy adds Novo Nordisk Wegovy, highlighting direct-to-consumer push in weight-loss market
January 9, 2026, 11:30 AM EST. Amazon Pharmacy will offer Novo Nordisk's Wegovy through insurance and cash-pay options, expanding direct-to-consumer access for the weight-loss pill. The cash price is $149 a month, far lower than injectables sold through the same channel. Novo Nordisk has teamed with Costco, Walmart and several telehealth groups such as Ro, Weight Watchers and LifeMD to distribute Wegovy, as it seeks to regain ground after Eli Lilly captured market share with its own products. The FDA approved Novo's weight-loss pill in December, making it the first approved weight-loss pill to hit the market. Eli Lilly's oral version, orforglipron, is expected later this year. The move underscores a broader push toward direct-to-consumer channels in obesity therapy.
AST SpaceMobile Dips as Market Slips; Earnings Preview in Focus
January 9, 2026, 11:27 AM EST. AST SpaceMobile, Inc. (ASTS) closed at $85.73, down 12.06% in the session, trailing the S&P 500's 0.34% decline, while the Dow slipped 0.94% and the Nasdaq gained 0.16%. Over the past month, shares have risen about 33.84%, helping cushion a broader pullback in the Computer and Technology group, which posted a small loss. Investors will scrutinize upcoming earnings, with consensus calling for EPS (earnings per share) of -$0.17, a 41.7% year-over-year drop, and revenue of $38.27 million, up roughly 1,893% from a year earlier. For the full year, analysts expect EPS of -$1.06 and revenue of $54.87 million. The stock carries a Zacks Rank of #3 (Hold).
AbbVie held by 12 of 20 funds in latest 13F batch; aggregate ABBV holdings rise
January 9, 2026, 11:26 AM EST. AbbVie Inc (ABBV) was held by 12 of the 20 funds in the latest batch of 13F filings for the period ended 12/31/2024. 13F filings disclose long positions only, omitting shorts, a caveat. In this batch, several funds added new ABBV stakes or increased existing ones. Notable changes include Peak Retirement Planning NEW +1,542 shares; Michels Family Financial NEW +2,364; Sunbeam Capital NEW +3,678; Griffith & Werner NEW +10,826; Vermillion Wealth NEW +687; Kayne Anderson Rudnick trimmed by 4,384 shares; Resona Asset Management reduced by 23,833 shares; Montchanin Asset Management unchanged. Aggregate across all 12 holders: +1,351,083 shares and +$178.7 million in value, lifting ABBV's reported share count among filers about 2.82% from 09/30/2024 to 12/31/2024, to roughly 1.2706 billion shares.
PACCAR PCAR Aug. 21 options attract interest; YieldBoost tracks puts and calls
January 9, 2026, 11:25 AM EST. PACCAR Inc. (PCAR) saw new August 21 options begin trading this week. With 224 days to expiration, time value creates opportunity for sellers of puts or calls. A put at the $80.00 strike bids 0.70, which would set a cost basis of 79.30 if sold to open and paired with a stock purchase at around $117.22. The strike implies a roughly 32% discount and the odds of expiring worthless sit near 93%, per YieldBoost tracking. On the call side, the $123.60 strike bids 7.10; a covered call on shares bought at around $117.22 could yield about 11.50% if exercised. Analysts note the need to review the 12-month history and fundamentals. YieldBoost will continue to monitor and publish charts on the contract page.
Boeing Leads Dow Movers as Amazon Dips; JPMorgan, Travelers Mixed
January 9, 2026, 11:24 AM EST. At the opening bell Monday, Boeing Co. (BA) rose about 1.3% to lead the Dow Jones Industrial Average components. Boeing's YTD performance shows a near 39.8% decline. Amazon.com Inc. (AMZN) fell about 2.5% on the day, though its YTD gain runs roughly 19.6%. Travelers Companies Inc. (TRV) slipped about 1.6%, while JPMorgan Chase & Co. (JPM) edged up about 0.8%. For context, the Dow Jones Industrial Average is a price-weighted index of 30 large U.S. stocks; YTD means performance since the start of the calendar year. These figures reflect early trading.
Vistra Leads S&P 500 Movers as Qualcomm Falls; Valero Energy and Builders FirstSource Move
January 9, 2026, 11:23 AM EST. Vistra, ticker VST, leads the S&P 500 (the broad U.S. large-cap index) components in early trading, up about 13.5%. Year-to-date, Vistra has risen roughly 5.9%. The day's weakness is focused on Qualcomm, ticker QCOM, down about 2.6% despite a 3.6% YTD gain. Other movers include Valero Energy (down about 2.6%) and Builders FirstSource (up about 6.2%). The moves come as traders digest a mixed tape ahead of broader market cues. Video: S&P 500 Movers: QCOM, VST. The views expressed are those of the author and not necessarily those of Nasdaq, Inc.
Nasdaq 100 Movers: Insmed Leads as Strategy Slips; Qualcomm, Lam Research Among Early Movers
January 9, 2026, 11:21 AM EST. Insmed Inc. shares rose 4.9% in early Friday trading, topping Nasdaq 100 movers. The stock is up about 2.6% year-to-date. By contrast, Strategy traded down 2.7% on the session but remains up about 6.9% for the year. Qualcomm fell 2.6%, while Lam Research climbed 4.4% in the opening trades. The moves underscore a mixed start for the index, with several components in reverse directions. A video feature accompanies the report titled Nasdaq 100 Movers: MSTR, INSM. The views expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
SGOV, RKLZ Lead ETF Inflows as 0-3 Month Treasuries Top Weekly Moves
January 9, 2026, 11:20 AM EST. ETF Channel data show inflows across the coverage universe. The largest inflow by units went to the iShares 0-3 Month Treasury Bond ETF (SGOV), which added 16.9 million units, up 2.5% week over week. On a percentage basis, the Defiance Daily Target 2X Short RKLB ETF (RKLZ) posted the biggest rise, adding 1.5 million units for a 39.5% increase in outstanding shares. The report ties the moves to short-duration Treasuries and leveraged positioning. A video accompanies the note: SGOV, RKLZ: Big ETF Inflows.
SPAB, CBOY Lead ETF Outflows, ETF Channel Data Show
January 9, 2026, 11:19 AM EST. ETF Channel data show the biggest outflows by units outstanding in the SPDR Portfolio Aggregate Bond ETF (SPAB), with 7,600,000 units redeemed, a 2.1% decrease week over week. The week's largest percentage decline in outflows occurred in the CBOY ETF, which shed 100,000 units, a 33.3% drop from the prior week. Units outstanding are the shares held by investors. The report highlights two ETFs facing selling pressure in the latest period.
Dollar rises on U.S. data; euro weakens as rate-cut bets shift
January 9, 2026, 11:18 AM EST. The dollar index rose to a four-week high, up 0.24%, after stronger US data. Challenger job cuts fell 8.3% y/y to 35,553, and weekly initial claims rose less than expected to 208,000. Q3 productivity jumped 4.9% as unit labor costs fell 1.9%, while the Oct trade deficit narrowed to $29.4 billion, the smallest in 16 years. Markets priced about a 12% probability of a -25 basis point rate cut at the January FOMC meeting. The dollar remains under pressure from 2026 easing expectations, with the BOJ seen higher and the ECB likely to hold. EUR/USD slipped to a four-week low. Trump has signaled a dovish Fed Chair pick, with Hassett cited as a likely choice. The Fed boosted liquidity through monthly T-bill purchases.
Coffee futures retreat as dollar rally trims gains; Brazil rainfall, Vietnam exports weigh on prices
January 9, 2026, 11:16 AM EST. Arabica futures for March KCH26 finished down 0.83% at -3.10, while March Robusta RMH26 slid 0.28% to -11. Prices relinquished early gains after a rally in the dollar index to a four-week high sparked long liquidation in both grades. Traders cited below-average rainfall in Brazil's Minas Gerais as supporting demand earlier in the week, though recent rains and forecasts temper price strength. Vietnam's 2025 exports jumped, and overall supplies from that country rose, pressuring prices. ICE arabica inventories slipped to a 1.75-year low before rebounding to a two-and-a-half-month high; ICE robusta inventories moved to a five-week high. US tariffs on Brazilian coffee were cut, but inventories remain tight. Brazil's 2025 crop forecast rose modestly; Vietnam's 2025/26 output is seen higher, implying ample global supply.
Sugar Prices Pressured by DXY Rally; India Exports, ISO Forecasts Weigh
January 9, 2026, 11:15 AM EST. March NY sugar #11 SBH25 fell 0.52% and March London white sugar #5 SWH25 slid 1.06% as the dollar index (DXY), a gauge of the U.S. dollar against major currencies, rose to a three-week high, pressuring sugar. Prices stay in a four-month downtrend amid a better supply outlook. India will allow mills to export 1 MMT this season after 2023 curbs. The ISM pegs 2024/25 India sugar at 27.27 MMT, down 15% y/y. The ISO cut its 2024/25 deficit to -2.51 MMT and raised 2023/24 surplus to 1.31 MMT. Thailand's 2024/25 output seen up 18% to 10.35 MMT; Czarnikow trims to 10.8 MMT. Conab lowers 2024/25 to 44 MMT; Unica Center-South output down 5.5% to 39.794 MMT through mid-Jan. Fires in Sao Paulo cloud crops.
MedTech trio beats S&P 500 over the past year on catalysts and execution
January 9, 2026, 11:14 AM EST. Three MedTech stocks – TransMedics, KORU Medical Systems KRMD, and Cardinal Health CAH – outpaced the S&P 500 by the past year on company-specific catalysts, improving execution and clearer earnings visibility. TransMedics has surged about 89.8% in the year, led by faster adoption of its Organ Care System and the National OCS Program (NOP), with Q3 2025 revenue of $143.8 million, up 32% year over year; services rose 35% as logistics leverage improves. The group's forward look includes a 2026 consensus sales around $723.8 million, roughly 20.5% growth, and an early Europe push via a first-half 2026 Italy NOP launch. KRMD and CAH are cited for niche recurring-revenue models and large-scale distribution, underscoring that outperformance hinges on execution and visibility, not size alone.
Analog Devices climbs 35.7% in 12 months as AI-led demand drives growth
January 9, 2026, 11:13 AM EST. ADI shares have risen 35.7% in the trailing 12 months, outpacing the Zacks industry benchmarks. The gain rides on AI-driven demand across the industrial and communications segments, with data-center revenue surpassing $1 billion in Q4 FY2025 and year-over-year growth above 50% for three straight quarters. The company posted a non-GAAP operating margin of 41.9% in FY2025, even as capex climbs and competition from TI, STM, and NXPI persists. For Q1 FY2026 management guides revenue around $3.1 billion versus a consensus of $3.11 billion. Investors are weighing how much longer AI infrastructure gains and advances in robotics will drive Analog Devices' growth amid a competitive landscape.
Dogs of the Dow 2026: blue chips paying up to 6.8%
January 9, 2026, 11:12 AM EST. After the 2025 close, the Dogs of the Dow strategy screens the Dow Jones Industrial Average for the 10 highest-yielding stocks, buys them in equal amounts, and holds through year-end before rotating to the next group. The 2026 lineup promises yields up to 6.8% and a collective payout more than three times the S&P 500's typical yield. Last year's dogs outperformed thanks to names like Johnson & Johnson and IBM, underscoring the contrarian premise: yield signals value when sentiment is weak. For 2026, the average starting yield sits above 3% but remains below retirement targets, so investors must weigh cash flow against growth. Early entries include JNJ at about 2.5% and Nike at roughly 2.6%.
Intel stock climbs after CES 2026 unveils AI-focused Panther Lake, Core Ultra; Nvidia tie-up
January 9, 2026, 11:10 AM EST. Shares of Intel (NASDAQ: INTC) rose about 6.6% in the afternoon session after CES 2026 showcased new AI-powered processors. The company unveiled Panther Lake and Core Ultra Series 3 CPUs, the first built on its 18A manufacturing process, designed to lift AI performance and efficiency for laptops and handheld gaming devices. Intel also announced a Nvidia partnership to integrate its processors with Nvidia's GPUs for use in AI server systems. The move comes as the stock remains highly volatile, with more than 38 moves greater than 5% over the last year. Year to date, the shares are up about 8% and trade near a 52-week high. Nvidia's rally and related CHIPS Act dynamics frame sentiment around Intel's AI push.
Lean hog futures rally as open interest rises and export sales bolster demand
January 9, 2026, 11:05 AM EST.Lean hog futures gained Thursday, closing up $1.07 to $1.65 as open interest rose 3,520 contracts. The USDA national base hog price was $69.37, down $3.24. The CME Lean Hog Index fell 29 cents to $81.25. USDA Export Sales showed 27,700 MT of pork sold for the week ended Jan. 1, led by Mexico at 12,800 MT and Japan at 8,700 MT. Shipments for 2025 were 25,750 MT and 394 MT for 2026. Census data pegged October pork shipments at a monthly record 632.2 million lbs, up 15.9% from September. The pork carcass cutout value slid $1.50 to $90.79 per cwt, with the loin the lone higher primal. Thursday slaughter was 496,000 hogs, lifting the weekly total to 1.977 million, up 73,159 versus a year ago. Front-months closed higher.
Wheat slips Friday as export sales miss; WASDE looming
January 9, 2026, 11:04 AM EST. Wheat is slipping Friday morning, with fractional to two-cent losses after Thursday's gains faded. Chicago SRW futures closed steady to up a penny; KC HRW slipped about two cents. Preliminary open interest rose Thursday, with SRW up 429 contracts and HRW up 3,495. MPLS spring wheat posted small front-month gains on Thursday. Export sales for the week ended Jan 1 totaled 118,701 MT of 2025/26 wheat, below expectations of 200,000-500,000 MT but up 6.64% from a year ago and 24.4% from last week. The Philippines bought 61,000 MT; 32,000 MT were sold to unknown destinations; net reductions of 9,347 MT for 2026/27. October wheat shipments reached 1.96 MMT, a six-year high but down 39.2% from last month. WASDE arrives Monday; ending stocks seen at 896 mbu, down 5 mbu.
Soybeans edge higher Friday as demand data and WASDE loom
January 9, 2026, 11:03 AM EST. Soybeans are higher Friday morning, with futures up 4 to 5.5 cents after Thursday's losses. Open interest rose by 4,628 contracts. The cmdtyView cash price for beans slipped to $9.88 per bushel. Soymeal futures fell about $1.10 and soy oil rose 11-21 points. There were 84 deliveries against January soybeans overnight, including 52 for meal and 166 for oil. USDA export sales for the week ended January 1 totaled 877,914 MT, near the low end of expectations for 2025/26. China bought 470,100 MT; Egypt took 173,200 MT. WASDE due Monday; analysts see 2025/26 ending stocks around 295 mbu, up about 5 mbu from December. Front-month quotes near $10.47-$10.61 with spot around $9.88.
JD.com shares appear undervalued after mixed performance, per DCF model
January 9, 2026, 11:02 AM EST. JD.com trades near US$29.67 as investors weigh a mixed macro backdrop for Chinese e-commerce. The stock rose 3.4% over a week, is flat over 30 days, up slightly year to date, but remains down 12.1% over a year and far lower over longer horizons. A 5/6 valuation score suggests potential value despite headwinds. In a two-stage DCF framework, JD.com's latest twelve-month free cash flow was a CN¥232.8 million loss, so forecasts drive the conclusion. Estimates point to CN¥43.3b in free cash flow in 2026 and CN¥49.9b in 2028, with long-run figures around CN¥40b. Discounting back yields a fair value near US$55.34 per share, versus about US$29.67 now, implying an undervalued gap of roughly 46%. Risks and market dynamics warrant caution.
Quest Diagnostics ex-dividend on Jan. 13; $0.80 dividend and ~1.8% yield (DGX)
January 9, 2026, 11:01 AM EST. Quest Diagnostics Inc. (DGX) goes ex-dividend on Jan. 13, paying a quarterly dividend of $0.80 on Jan. 28. The payout equates to about 0.45% of the stock's recent price near $177.74. The annualized yield sits around 1.8%. DGX was down about 0.2% in Friday trading. The 52-week range spans $148.70-$197.55, with a last trade near $178.01. The dividend is part of total return but is not guaranteed; investors should weigh the payout against price moves and risk.
Bank OZK Ex-Dividend Jan 13; $0.46 Dividend; Shares Seen Lower
January 9, 2026, 11:00 AM EST. Bank OZK (OZK) goes ex-dividend on Jan. 13, 2026, with a quarterly payout of $0.46 per share, payable Jan. 20. At a near $48.07 share price, the annualized yield is about 3.83%, and the stock could trade roughly 0.96% lower at the open, all else equal. The historical view suggests dividends can be variable, but the current yield is reasonable. OZK's 52-week range spans $35.71 to $53.66, with the last trade around $48.45. In Friday's session, the shares were up about 2.4%. For readers tracking income plays, a scan of other SAFE dividend stocks may be warranted.
Ex-Dividend Reminders: Accenture, Repsol YPF and GFL Environmental
January 9, 2026, 10:59 AM EST. Ex-dividend reminders for Accenture, Repsol YPF and GFL Environmental. As of 1/13/26, ACN, REPYF and GFL will trade ex-dividend for upcoming payouts. Accenture will pay a quarterly dividend of $1.63 on 2/13/26. Repsol YPF will pay a semi-annual dividend of $0.50 on 1/14/26. GFL Environmental will pay a quarterly dividend of $0.0154 on 1/30/26. Based on ACN's price of $281.82, the ex-date implications are roughly 0.58%, 2.62%, and 0.04% respectively. Estimated annualized yields: ACN 2.31%, REPYF 5.25%, GFL 0.15%. In Friday trading, ACN +2.9%, REPYF +0.3%, GFL +1.2%. Note dividends are not guaranteed; investors should review dividend histories when forming yield expectations.
EDOW Insider Buying Reaches 10.2% on Weighted Basis; Nike Top Holding
January 9, 2026, 10:58 AM EST. Insider buying within the First Trust Dow 30 Equal Weight ETF (EDOW) rose to 10.2% of its weighted holdings over six months, according to Form 4 data. The ETF's lead position by insider activity is Nike (NKE), accounting for about 3.13% of EDOW and holding roughly $7.07 million of NKE stock. Four EDOW insiders bought NKE shares in the period: Jorgen Vig Knudstorp (16,150 shares at $62.09, $1.00 million), Timothy D. Cook (50,000 at $58.97, $2.95 million), Robert Holmes Swan (8,691 at $57.54, $0.50 million), and Elliott Hill (16,388 at $61.10, $1.01 million). The last trade for NKE was $65.26.
Insiders Buy FXZ Holdings as EMN Leads with 11 Purchases; FMC Adds
January 9, 2026, 10:57 AM EST. Insider activity remains evident in the First Trust Materials AlphaDEX Fund (FXZ). About 10.3% of FXZ's weighted holdings have recorded insider buys over the past six months. Eastman Chemical Co (EMN), the ETF's roughly 4.65% of holdings, shows 11 insider purchases in that window, per Form 4 filings. On 08/27/2025, executives and directors bought shares around $68-$69, including CEO Mark J. Costa and CFO William McLain, with fills ranging from about $99,000 to $502,000. FMC Corp (FMC), the 30th-largest FXZ holding, also filed Form 4s showing purchases. FXZ holds about $2.25 million in FMC, roughly 1.01% of the ETF's holdings.
MasTec (MTZ) earns multiple Strong Buy signals across SA and Wall Street
January 9, 2026, 10:56 AM EST. MasTec, Inc. (MTZ) sits in the industrial sector (construction and engineering) with an $18.35 billion market cap. The stock earns a Strong Buy across Seeking Alpha's Quant rating, Seeking Alpha Analysts, and 19 Wall Street analysts over the last 90 days. Valuation is mixed: PEG 0.75 vs sector 1.94 and EV/Sales 1.49 vs 2.26, with a C+ grade. Growth shines: Forward EPS growth 60.55% and Forward EBIT growth 121.73%, well ahead of the sector. Profitability is C; EBITDA margin 7.37% vs sector 14.66%. Cash from operations is $644.68 million, about 66% above the sector. Momentum is A with 1-year return 59.56% and 3-month 9.02% vs 2.99%. Revisions are B+ with more upgrades than downgrades.
RGS.AX jumps 33% pre-market on ASX as 4.28M shares trade; momentum builds
January 9, 2026, 10:55 AM EST. RGS.AX surged 33.33% pre-market to A$0.012 on 10 Jan 2026, with volume 4,275,678 on the ASX and relative volume near 6.93. The move comes as investors position ahead of catalysts; last earnings were Feb 15, 2024. Market cap is about A$3.68 million; shares outstanding 306.44 million. Day range A$0.010-0.014; 1-year range A$0.003-0.020. Regeneus is a clinical-stage biotech; trailing EPS (earnings per share) -0.01 and negative P/E of -1.20; current ratio 0.28; cash per share A$0.001; enterprise value A$5.32 million. YTD gain ~300%, 3-month ~100% but longer-term performance remains negative. Meyka AI grades RGS.AX 63.89/100 (Grade: B; HOLD), with a 12-month target around A$0.015, about 25% upside.
MLONE.PA: Body One SA jumps 29% to €0.32 on EURONEXT; liquidity and targets
January 9, 2026, 10:54 AM EST. MLONE.PA surged 29.03% intraday to €0.32 on EURONEXT on 09 Jan 2026, a rare move for a microcap with a market cap around €936,448 and average daily volume of 219 shares. No company-specific catalyst; move likely reflects thinned-order flow and short-term positioning. Today's volume was reported as 0.00 with a relative volume near 1.21. Valuation shows EPS -€0.04 and a negative P/E of -6.20, with tight liquidity (current ratio 0.57). Technicals: RSI 42.99, ADX 74.26; 50-day MA €0.26, 200-day MA €0.30. Supports near €0.21, resistance at €0.35; a conservative target €0.40 and risk to €0.22 if momentum fades. Meyka AI: score 57.87, Grade C+, forecast near €0.31 monthly and €0.285 yearly (~-11%). Trading note: high-risk microcap liquidity play; use limit orders and monitor depth.
Stocks rise as jobs data steer rate bets; Supreme Court tariff ruling eyed
January 9, 2026, 10:45 AM EST. U.S. stock indexes rose Friday as investors weighed December's jobs report and awaited a potential Supreme Court ruling on President Trump's tariff measures. The S&P 500 gained about 0.4%, the Nasdaq Composite rose 0.3%, and the Dow Jones Industrial Average edged up 0.1%, leaving all three on track for a higher first week of 2026. The payrolls report showed the economy added 50,000 jobs in December, short of forecast, keeping the Fed on course to hold rates at the upcoming meeting. The unemployment rate eased to 4.4%. Traders priced in a ruling on tariffs that could reshape US trade policy. The White House directed Freddie Mac and Fannie Mae to purchase up to $200 billion in mortgage-backed securities to lower mortgage costs.
Netflix stock falls 12.9% in December 2025 amid Warner Bros. Discovery bid drama
January 9, 2026, 10:44 AM EST.Netflix's shares fell 12.9% in December 2025 as the Warner Bros. Discovery buyout saga and a rival bid from Paramount Skydance unsettled investors. The stock trades about 30% below its June all-time high of $133.91 and roughly at $91 a share on Jan. 8, 2026. Three outcomes loom: a negotiated deal that would spin off WB Discovery's cable assets, followed by an $82.7 billion cash-and-stock take for the remaining Warner assets; a hostile bid by Paramount Skydance; or regulatory failure that would force a breakup fee. Warner's board backed the Netflix-plan, rejecting the larger bid, while markets fret over debt, dilution, and the fate of Warner's content library. Uncertainty remains the only sure thing for Netflix holders.
Wall Street ticks higher as mixed jobs data trims odds of near-term Fed cut
January 9, 2026, 10:43 AM EST. U.S. stocks edged higher after a mixed December jobs report kept the Fed's next move uncertain. The S&P 500 rose about 0.2%, the Dow gained roughly 147 points, while the Nasdaq was little changed. Treasuries were mixed and yields steadied, with the 10-year at about 4.19% and the two-year at 3.50%. Payroll growth disappointed expectations, though the unemployment rate improved, a sign of a slower pace of hiring around a likely low-hire, low-fire regime. Traders pared the odds of a Fed rate cut at the end of the month to about 5%, yet still price multiple cuts this year. Stocks such as Vistra and Oklo jumped on deals with Meta Platforms, while GM and WD-40 moved on earnings and guidance.
Stock futures rise ahead of jobs data; tariff ruling eyed by Supreme Court
January 9, 2026, 10:42 AM EST. Stock futures rose as traders digested a softer December jobs report and awaited a Supreme Court ruling on President Trump's tariffs. The S&P 500 and Nasdaq rose about 0.2%, the Dow up 29 points. December nonfarm payrolls rose 50,000, below the 73,000 estimate, while the jobless rate slipped to 4.4% from 4.5%, a mixed signal for growth. Analysts cautioned the figures offer limited clarity on the labor market and could keep the Fed on hold for now. The Court's decision would test whether tariffs are authorized under the International Emergency Economic Powers Act (IEEPA) and whether reimbursements are required. Investors also monitor Trump's call to buy $200 billion in mortgage bonds. For the week, gains are broad: S&P 500 about 1%, Dow ~2.1%, Nasdaq ~1.1%.
NFLX: Bearish Head-and-Shoulders Pattern Eyed as Netflix Targets $60
January 9, 2026, 10:41 AM EST. Netflix stock NFLX faces a potential bearish setup after a steep pullback. The chart suggests a head-and-shoulders formation (a chart pattern signaling a potential reversal) nearing completion, with a descending resistance line capping rallies and a possible neckline breakdown. A break below that level could push the shares toward the $60 area, signaling a bearish continuation if volatility remains high. The note also cites fundamental concerns around Netflix's $72 billion Warner Bros. deal, described by lawmakers as an antitrust nightmare that could feed selling pressure. If the pattern plays out, traders would watch for a high-volume breakdown as confirmation. Near term, market evolutions and volatility will shape risk-reward. The analysis treats the setup as a potential signal rather than a guaranteed outcome.
Netflix stock pricey even after Warner Bros.-induced selloff
January 9, 2026, 10:39 AM EST. Netflix shares have fallen about 27% in three months, but the stock trades around 28x forward earnings, richer than Disney, Amazon.com, and Alphabet. The pullback comes as investors weigh Netflix's planned Warner Bros. deal, valued at about $82.7 billion, amid doubts about cost, regulatory risk and merger success. The stock trades near a five-year average forward multiple of about 34x, suggesting it looks cheaper versus history but remains expensive versus peers. Some bulls warn the valuation reflects little upside without clearer 2026 guidance. Wedbush Securities' Joel Kulina calls Netflix dead dollars for now, while competition to buy Warner Bros. from Paramount Skydance persists. With Netflix leading the bid, sentiment remains muted for now, keeping a lid on near-term upside.
Aquestive Therapeutics AQST stock plunges 39% amid thin coverage; earnings data unavailable
January 9, 2026, 10:38 AM EST. Aquestive Therapeutics Inc. AQST slid 39.13% after the session, trading lower as investors weighed limited visibility on earnings. The company disclosed no earnings data in recent coverage. The market data feed shows an average price target of $0 based on 0 analyst ratings in the last three months, underscoring thin coverage. A market widget flagged a 'Bullish Fuel' indicator among several large names, but there is no clear signal for a near-term rebound. Investors should await the company's earnings update or additional guidance before drawing conclusions on the stock's trajectory.
Ondas rises on autonomous orders, rebrand and Florida HQ move ahead of Investor Day
January 9, 2026, 10:36 AM EST. Ondas (ONDS) rose 0.32% to $14.05 on light volume after fresh autonomous systems orders, a rebrand and a Florida HQ relocation. The company cited about $10 million in new orders and an Investor Day set for January 16 as catalysts. Market moves: the S&P 500 gained about 0.65% to around 6,903, while the Nasdaq Composite climbed 0.69% to 23,396. Aerospace peers rallied on drone and defense demand, with AeroVironment up 16.09% to $297.41 and Draganfly up 10.34% to $8.11. Ondas has a $5.3B market cap, 52-week range $0.57-$15.07, and 25M volume vs 88M avg. Listed in 2020, the stock has surged about 104% since listing, amid a broader shift toward drones in defense.
Ondas's M&A pipeline seen as potential driver of investor returns, but disclosures temper outlook
January 9, 2026, 10:35 AM EST. A Seeking Alpha analysis on Ondas states that an active M&A pipeline could drive sizable returns for investors, though much hinges on execution. The piece frames the outlook as speculative rather than a guaranteed path to gains. It notes that the author and Seeking Alpha publish standard disclosures, including no current stock, option, or derivative positions in the companies mentioned, and no compensation beyond Seeking Alpha. The analysis cautions that past performance is not indicative of future results and that readers should weigh risk before acting. No formal buy or sell recommendation is offered; the article presents opinions, not investment advice.
Ondas Holdings (ONDS) hits all-time high ahead of investor events
January 9, 2026, 10:34 AM EST. Ondas Holdings Inc. (NASDAQ: ONDS) surged to an all-time intraday high of $15.07 on Thursday before closing up 15.02% at $14.01 as investors awaited next week's events. The company said CEO Eric Brock would participate in a fireside chat at the 28th Needham Growth Conference on Jan. 14 and hold one-on-one meetings with institutional investors the same day. Ondas also plans an Investor Day on Jan. 16 to review Ondas Autonomous Systems' 2025 performance, strategic priorities, and 2026 outlook. Last week the company announced a planned corporate rename to Ondas Inc. to reflect its evolution into a global, integrated platform; the change is expected in Q1. Brock noted the transition toward a scaled, dual-use defense and security technology provider serving government and commercial customers.
Datadog (DDOG) under pressure as earnings revisions shape near-term outlook
January 9, 2026, 10:33 AM EST. Datadog (DDOG) entered Zacks.com's list of most searched stocks, but shares have slipped 27.4% in the past month versus the S&P 500's 9.6% drop. The Internet-Software group has fallen about 18.8% in that span. The analysis centers on earnings estimates revisions – the pace at which analysts update their forecasts, a proxy for fair value. For the current quarter, Datadog is seen earning $0.42 per share, down 4.6% year over year, with the consensus down 23.4% in 30 days. For the full year, the consensus is $1.69 (down 7.1%), and for next year, $2.08, up 23.4% from a year ago, though the estimate has changed -12.8% over the past month. The Zacks Rank assigns Datadog a Hold (Rank #3), reflecting revisions and mixed revenue-growth signals.
Qualcomm Attracts Investor Attention as Zacks Highlights Earnings-Estimate Revisions
January 9, 2026, 10:32 AM EST. According to Zacks, Qualcomm has gained attention as one of the firm's most searched stocks. The shares have fallen about 4.5% in the past month, vs. the S&P 500's 2.8% gain; the Wireless Equipment group is down 1.5%. Zacks ties the move to earnings-estimate revisions. For the current quarter, Qualcomm is expected to report EPS of $2.25, up 20.3% year over year. The full-year EPS consensus is $9.90, up 17.4%; next year's is $10.98, up 11%. With its earnings revision momentum, Zacks Rank #3 (Hold) applies. The note persists that revenue growth is needed to sustain earnings gains. Forward 12-month EPS remains in a rising trajectory amid macro uncertainty.
Walmart attracts investor attention as earnings revisions drive near-term outlook
January 9, 2026, 10:31 AM EST.Walmart Inc. (WMT) has drawn heavy attention from Zacks.com readers as the stock rises. Shares have jumped about 12.6% over the past month, outpacing the S&P 500's 2.5% gain; the Zacks Retail – Supermarkets industry is up 12.6% in the period. The driver is earnings estimates revisions, a metric Zacks says helps indicate near-term price moves. For the current quarter, Walmart is seen earning $0.53 per share, up 3.9% year over year, while the full-year consensus sits at $2.44, up 9.9%. The next fiscal year is pegged at $2.70, up 10.8%. The Zacks Rank now assigns Walmart a #3 Hold, reflecting sizable revisions and other factors influencing near-term direction. Revisions to estimates often shape fair value and momentum.
PDD Holdings (PDD) Trending as Earnings Revisions Shape Outlook
January 9, 2026, 10:30 AM EST. PDD Holdings Inc. Sponsored ADR (PDD) has been among the most searched stocks on Zacks.com after a 65.4% rally in the past month. The stock outpaced the Zacks S&P 500, up 4.3%, while its Diversified Operations peers rose 17.9%. Zacks emphasizes earnings revisions as a key driver of fair value. For the current quarter, the consensus call is $2.74 per share (EPS), up about 76.8% year over year. For the full year, the consensus is $11.95, an 82.2% increase from the prior year. The next year's consensus sits at $13.22, up about 10.6%. Based on these revisions, Zacks assigns a Rank #3 (Hold) to PDD. Investors should watch whether revenue growth supports the earnings trajectory as the period unfolds.
Home Depot Seen by Zacks for Hold as Earnings Revisions Support Valuation
January 9, 2026, 10:29 AM EST. Home Depot (HD) has drawn heavy attention from Zacks visitors as the stock outpaced the market. Over the past month, shares rose about 7.9% versus the S&P 500's 2.8% gain; the Building Products – Retail group has climbed roughly 5.3%. Zacks says earnings estimate revisions drive fair value and near-term moves. For the current quarter, HD is expected to earn $4.59 a share, down 1.3% year over year, with the full-year consensus at $15.28, up 1.1%. The next fiscal year consensus is $16.16, up 5.8%. Based on the revision magnitude and other factors, HD carries a Zacks Rank #3 (Hold).
NIO climbs on earnings revisions; Zacks Rank holds near-term outlook
January 9, 2026, 10:28 AM EST. NIO Inc. has risen about 32% in the last month, versus the S&P 500's 1.7% gain. The Zacks Automotive – Foreign group is up about 0.9%. The near-term driver is earnings estimate revisions. Zacks notes that fair value tracks the present value of future earnings, and revisions often precede price moves. For the current quarter, NIO is expected to post a loss of $0.32 per share, up 13.5% year over year; the Zacks Consensus Estimate has moved -3.2% in the last 30 days. For the current fiscal year, the consensus is -$1.37 per share, up 21.7% YoY, with a +3.9% revision over the last 30 days. For next fiscal year, the consensus is -$0.96 per share, up 30.1% YoY, but revisions in the past month have been -6.4%. The stock carries a Zacks Rank #3 (Hold).
SMCI Stock Seen as Hold Amid Earnings-Revision Tailwinds, Near-Term Outlook
January 9, 2026, 10:27 AM EST. SMCI has tumbled -28% in the past month, vs the S&P 500's +1.5% and a -15.8% decline for the Computer-Storage Devices group. Media chatter aside, Zacks emphasizes earnings-estimate revisions as the main driver of near-term moves. Key figures: Q current quarter EPS: $7.45, up 117.2% year over year; full-year EPS: $33.50, up 51.7%; next year EPS: $41.13, up 22.8%. The three-month and six-quarter revisions have left the consensus unchanged over the last 30 days. With a Zacks Rank of #3 (Hold), the stock faces mixed near-term odds; value rests on whether revenue can grow in tandem with earnings. Note: EPS means earnings per share; Zacks Rank combines revisions with other factors to gauge near-term moves.
Anywhere Real Estate to Delist From NYSE via Form 25
January 9, 2026, 10:26 AM EST. Anywhere Real Estate Inc. filed Form 25 with the SEC to remove its common stock from listing and registration on the New York Stock Exchange LLC (NYSE) under Section 12(b) of the Securities Exchange Act of 1934. The issuer operates from 175 Park Avenue, Madison, New Jersey 07940. Filing date: 2026-01-09; signed by Anthony Sozzi, Analyst, Market Watch. The form notes the NYSE has reasonable grounds to believe it meets the requirements for filing Form 25, and treats the notice as compliant with 17 CFR 240.19d-1. The move signals a delisting and the termination of registration for the listed security. No immediate change to trading status is specified.
Cool Co Ltd to delist CLCO from NYSE via Form 25
January 9, 2026, 10:25 AM EST. Cool Co Ltd has filed to remove its common shares from the New York Stock Exchange. The company submitted a Form 25 – Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act – to delist its CLCO shares from the NYSE LLC. The issuer's London address is listed as 7 Clarges Street, 5th Floor, London, and the filing includes a contact number. The action, dated 2026-01-09 and signed by Anthony Sozzi of Market Watch, signals the removal of Cool Co Ltd's common shares from the NYSE, subject to any regulatory steps.
Novo Nordisk shares rise ahead of earnings; Zacks ranks Strong Sell
January 9, 2026, 10:23 AM EST. Novo Nordisk (NVO) closed at $57.34, up 1.36% in the latest session, ahead of its next earnings release. The move outpaced the S&P 500's 0.01% gain; the Dow rose 0.55% while the Nasdaq fell 0.44%. Over the past month, shares have climbed about 15.33%, far ahead of the Medical sector's 2.01% and the S&P 500's 0.86%. The company is set to report EPS of 0.90, down 1.1% year over year, with expected revenue of 12.11 billion, down 1.19% from the prior year. For the full year, Zacks Consensus pegs EPS at 3.57 and revenue at 47.95 billion, up 8.84% on EPS and flat on revenue. Novo Nordisk carries a Forward P/E of 16.13, vs an industry average of 15.6. The stock sits in Large Cap Pharmaceuticals; the Zacks Rank is #5 (Strong Sell).
Boeing stock forecast 2026: bulls point to orders, defense spend and technicals
January 9, 2026, 10:17 AM EST. BA stock has pulled back from a high around 233 to about 227, still about 30% off November's low. On the chart, Boeing has rebounded from a $176.52 low, staying above the Supertrend line (a trend-following indicator), a sign bulls are in control. A golden cross (the 50-day and 200-day EMAs crossing) supports ongoing rally. Momentum gauges like RSI (relative strength index) and MACD (moving-average convergence/divergence) are rising, and the price cleared the Murrey Math Lines (a support/resistance framework), with an inverse head-and-shoulders pattern adding a bullish reversal read. Analysts remain bullish, with a consensus target around $235 and calls above $270. The backdrop includes a backlog of 5,900 aircraft valued at $636 billion; Alaska Airlines ordered 100 jets. A lift in U.S. defense spending toward $1.5 trillion supports the thesis, but a break below $212 would weigh on it.
Oil and Energy Stocks Could Beat Earnings: ESP Filter Signals for EPD, TRP
January 9, 2026, 10:16 AM EST. Two factors drive stock prices over time: earnings and interest rates. Earnings surprises can move prices, and the Zacks Earnings ESP filter aims to capture them. ESP locks in on the Most Accurate Estimate against the Zacks Consensus Estimate to gauge likely surprises. When paired with a Zacks Rank #3 (Hold) or better, the approach has produced a positive earnings surprise about 70% of the time and roughly 28.3% annual returns in a 10-year backtest. About 60% of stocks sit at #3; top-ranked picks outperform. In oils and energy, Enterprise Products Partners (EPD) shows an ESP of +5.34% ahead of its Aug. 6, 2024 earnings, with an EPS of $0.69 versus a $0.66 consensus. The group also flags TC Energy (TRP) as a nearby option amid positive ESP readings.
Energy Stocks and ESP Filter Eyed to Beat Earnings Expectations; Devon Energy in Focus
January 9, 2026, 10:15 AM EST. Wall Street watches quarterly reports closely, with earnings driving moves. The piece explains the Earnings ESP filter from Zacks: it compares the Most Accurate Estimate to the Zacks Consensus Estimate. A positive ESP with a Zacks Rank of #3 (Hold) or better has historically produced a positive surprise about 70% of the time, with roughly 28.3% average annual returns in a 10-year backtest. The method relies on revisions closer to the report date. Devon Energy (DVN), rated Rank #3 (Hold), shows a Most Accurate Estimate of $1.34, 28 days from its next earnings on Aug. 6, 2024. Its Earnings ESP is +4.18%, computed from $1.34 vs a Zacks Consensus Estimate of $1.28. DVN sits among Oils and Energy stocks with positive ESP, with First Solar (FSLR) also highlighted as a potential beneficiary.
Medical Stocks Poised to Beat Earnings as ESP Strategy Gains Steam
January 9, 2026, 10:14 AM EST. Earnings remain the single most watched quarterly figure, but investors increasingly focus on how results compare with forecasts. The Earnings ESP, or Expected Surprise Prediction, uses the gap between the Most Accurate Estimate and the Zacks Consensus Estimate to flag names likely to post upside surprises. When paired with a strong Zacks Rank, the method has yielded meaningful outperformance in backtests, according to Zacks. Elevance Health (ELV) is highlighted as a Buy idea, with a Most Accurate Estimate of $10.01 a share and an ESP of +0.06%. The stock is 21 days from its July 17, 2024, print. Medtronic (MDT) is another qualifying medical stock to watch ahead of its upcoming report.
Progressive (PGR) valuation flags undervalued despite recent share-price weakness
January 9, 2026, 10:13 AM EST. Progressive Corp. (PGR) last closed at $213.15, after a week (-6.4%) and a month (-5.8%), with a modest year-to-date gain and a 1-year decline. The stock sits against a longer record: 3-year returns of 75.5% and 5-year gains of 155.2%. On Simply Wall St's 6-point checklist it scores 4/6, signaling undervalued on several metrics. An Excess Returns framework yields an intrinsic value of about $436.17 per share-roughly 51.1% above the current price-based on a book value of $60.49, a stable EPS of $18.55, an average ROE of 24.90%, and a cost of equity of $5.18. The takeaway: undervalued relative to long-run profitability.
ATD: Top Canadian stock to buy with $1,000 in 2026
January 9, 2026, 10:12 AM EST. In a note carried by The Motley Fool Canada, Joey Frenette says the TSX could stay choppy in 2026, but that creates opportunities for patient stock pickers. Alimentation Couche-Tard (TSX: ATD) is flagged as a value play on a trough valuation, trading around 19.6 times trailing P/E. The $69 billion convenience retailer posted solid quarterly results, with ready-made food and alcohol lifting sales. Going forward, Frenette expects Couche-Tard to double down on food and use technology to reduce friction, boosting customer engagement and foot traffic. He notes potential clashes with quick-serve chains as celeb-endorsed meals roll out. Despite macro headwinds, Couche-Tard remains a stable, growth-oriented name on the TSX.
Scatec ASA receives application for listing of bonds on Euronext Oslo Børs
January 9, 2026, 10:10 AM EST.Scatec ASA has submitted an application to list bonds on Euronext Oslo Børs. The exchange and company have not released further details, including issue size, coupon terms, or timing. The move would broaden access to the company's debt and could improve liquidity for bondholders, though no approvals are guaranteed. Market participants await a formal disclosure of terms and a timetable.
Cattle futures rise as cash cattle, feeder demand supports market
January 9, 2026, 10:09 AM EST. Live cattle futures rose Wednesday, gaining 87 cents to $1.10, as cash trade opened with $188-$190 sales across the country. The Fed Cattle Exchange auction for 1,300 head saw about half sold in a $189-$189.50 range. Feeder cattle climbed 60-90 cents amid steady cash strength. The CME Feeder Cattle Index rose 23 cents to $255.94 on November 26. USDA wholesale boxed beef trimmed prices; Choice boxes fell 31 cents to $311.26 per cwt, Select fell $1.19 to $274.30, widening the Chc/Sel spread to $36.96. Slaughter was estimated at 124,000 head for the day, with a weekly total of 370,000. Nearby live and feeder contracts closed higher, signaling continued demand amid tight supply.
Cotton futures edge higher Friday after mixed export data
January 9, 2026, 10:08 AM EST.Cotton futures rise 3-5 points across front months Friday morning after Thursday losses. Crude oil futures gained, while the U.S. dollar index ticked higher. The USDA Export Sales report for the week of 1/1 showed 98,031 bales of 25/26 upland sold, a 9-week low, with Vietnam buying 38,700 bales and Pakistan 14,400 bales; sales for 2026/27 were 22,491. Export shipments reached 154,036 bales, a 10-week high, including 47,800 to Vietnam and 28,800 to Pakistan. Census data put exports at 781,641 bales (excluding linters), a 5-year high. The Cotlook A Index stood at 75.05 cents, and ICE certified stocks were 11,510 bales; the Adjusted World Price rose to 50.76 cents.
Corn futures steady near unchanged ahead of WASDE as export sales fall
January 9, 2026, 10:07 AM EST. Friday AM trade for corn futures was near unchanged, with front months off slightly and longer maturities little changed. Preliminary open interest declined 2,656 contracts. The CmdtyView national average cash corn price fell ¼ cent to $4.08 1/2. Weekly export sales totaled 377,598 MT, a marketing-year low and 15.1% below the same week last year, led by South Korea and Japan. Census data show October exports at a record 6.564 MMT, down 5.93% from September but up 63.38% from 2024. Analysts expect USDA's upcoming WASDE to show stocks around 1.985 billion bushels, a 44 mbu drop. Nearby cash, May, and July quotes were $4.08 1/2, $4.54, and $4.60 1/2, respectively.
Quanta's backlog grows on renewable and storage demand; rivals in focus
January 9, 2026, 10:03 AM EST. Quanta Services (PWR) posted a backlog of $39.2 billion in Q3 2025, up from $33.96 billion a year earlier. Remaining performance obligations (RPO) rose to $21 billion, signaling solid future work. Renewable and storage projects drove the expansion as utilities boost investment in flexible power infrastructure to manage intermittency and grid stability. Battery storage demand remained firm amid steady project conversion. Quanta emphasised disciplined bidding and execution to protect margins as volumes rise, aided by repeat utility relationships. Among peers, MasTec (MTZ) and Fluor (FLR) are close reference points; MasTec's broader mix could dilute focus, while Fluor carries higher execution risk. Quanta's Total Solutions Platform may offer stronger end-to-end certainty.
Dollar Tree expands 3.0 format, lifts comps; Uber Eats tie supports growth
January 9, 2026, 10:02 AM EST. Dollar Tree, DLTR, is reshaping its in-store experience to lift comps and profitability. The 3.0 store format-with expanded multi-price assortments-has outpaced other formats on traffic and ticket size; about half of stores are to convert to 3.0 by year-end. 2.0 stores offer a narrower multi-price aisle; 1.0 stores keep most items at $1.25. In Q3 FY2025, comps rose 3.5% in consumables and 4.8% in discretionary, led by party/home decor. The Uber Eats collaboration taps 25 million customers. Expanded assortment aims to cushion tariffs and cost headwinds while preserving value. DLTR shares have jumped ~50% in three months; forward P/E about 19.8x vs. 30.2x for the group, with Zacks forecasting EPS up 12% in 2025 and 17% in 2026.
Lantronix (LTRX) jumps 6.5% on drone momentum; potential upside remains
January 9, 2026, 10:01 AM EST. Lantronix (LTRX) shares rose 6.5% to $6.23 on heavier volume, snapping a 0.3% four-week gain. The move tracks momentum in its drone business and improving fundamentals. The company provides Industrial and Edge AI IoT solutions for enterprise IT, smart cities and unmanned systems. Its unmanned aerial systems segment is a growth engine as demand from defense, intelligence and commercial customers rises. NDAA/TAA-compliant Edge AI tech and the Drone Reference Platform position Lantronix as a compute partner for next-gen UAV programs, speeding prototypes. Management signaled potential upside to fiscal 2026 in the latest call. The upcoming quarter is seen at $0.03 per share on revenue of $30.2 million, down year over year. Zacks Rank #3 (Hold). In the same group, EXTR fell 1.8% to $15.85.
DoorDash tie-up could shift Serve Robotics growth trajectory, boosting utilization and margins
January 9, 2026, 10:00 AM EST. Serve Robotics' new partnership with DoorDash expands its addressable demand and moves its autonomous-delivery model toward true platform leverage. Management frames the agreement as more than incremental volume, predicting improved fleet utilization and unit economics. The deal, alongside Uber, broadens exposure to restaurants and consumers without extra customer-acquisition spend, with about 1,000 robots deployed and a target of 2,000 by year-end. Interoperability lets robots switch between DoorDash and Uber within a single route, lifting utilization and lowering per-delivery costs. The growth flywheel-more deliveries, more data, faster autonomy-could feed a revenue inflection in 2026. Stock and valuation show a premium, with P/S well above peers and a Zacks Rank #4 (Sell).
Highest-yielding TSX stocks ranked by indicated dividend yield, with risk data
January 9, 2026, 9:59 AM EST. Bloomberg data rank all S&P/TSX Composite companies by indicated dividend yield. The table excludes yield-paying index stocks without a credit rating from S&P or Moody's. It's a starting point for further research. Investors should verify the data and investigate any N/As before trading. The methodology relies on long-term credit ratings from S&P and Moody's and includes payout ratio and trailing P/E to help gauge income sustainability and growth potential.
Implied Volatility Surges for Dave & Buster's PLAY Options as Jul 18 $95 Call Tops IV
January 9, 2026, 9:58 AM EST. Implied volatility is surging for Dave & Buster's Entertainment (PLAY) options, with the Jul 18, 2025 $95 Call among the day's highest IV readings. Implied volatility shows the market's expected price move; a spike signals traders anticipate a bigger swing, possibly tied to an upcoming event. On the fundamentals, Zacks Rank places the stock at Hold in Retail – Restaurants, with one analyst lifting the EPS estimate for the current quarter from $1.04 to $1.05. The elevated IV can attract traders to premium-selling strategies, aiming to profit from time decay if the stock proves less volatile than priced. The report frames the setup as a potential trade and notes tightening near-term catalysts.
Deckers DECK ten-year return: what $1,000 invested a decade ago would be worth now
January 9, 2026, 9:57 AM EST. Investing $1,000 in DECK a decade ago would likely have tested patience as price moves drove outcomes. The piece frames stock performance, not bravado, as the key driver of long-run results, while noting FOMO, the fear of missing out, can warp decisions. Deckers Outdoor Corporation operates a five-brand model sold mainly through the Direct-to-Consumer (DTC) channel, or DTC, and wholesale partners. The revenue mix: UGG 52.2%, HOKA 42.1%, Teva 3.5%, Sanuk 0.6%, Other brands 1.6%. A strategic note: a sale of the Sanuk brand was anticipated to close by August 2024. The ten-year return depends on the extent of price appreciation and how well the company grows core brands, especially UGG and HOKA, via the DTC push.
A $1,000 Veeva Investment in 2015 Would Be Worth About $8,034 Today
January 9, 2026, 9:56 AM EST. As of January 23, 2025, a $1,000 investment in Veeva Systems (VEEV) made in January 2015 would be worth about $8,034.72, a 703.47% gain. The calculation excludes dividends but captures price appreciation. The result eclipses the broader market: the S&P 500 rose about 195%, and gold advanced about 104.81% in the same period. For fiscal FY24, revenues totaled $2.36 billion, up 10%, with subscription services at $1.90 billion (80.4% of net sales) and professional services at $462.1 million (19.6%). Veeva's offerings include Veeva CRM, Vault, and related data services; analysts see more upside as the company sustains R&D investment and expands its product suite, including Compass Suite data assets.
MercadoLibre's Shipping Subsidies Fuel GMV Growth, But Margin Pressure Mounts
January 9, 2026, 9:55 AM EST. MercadoLibre's shipping subsidies are fueling GMV growth but testing durability of the expansion. In 3Q2025, Brazil GMV rose 36% YoY after slicing the free-shipping threshold to R$19; items sold climbed 42%, tying demand to promotional intensity. The company absorbs more logistics costs, thinning the contribution margin even as revenue climbs. Brazil direct contribution fell 5.9% YoY to $475 million; revenue rose to $4.01 billion. Argentina direct contribution also slipped. The result: incremental GMV arrives with diminishing economic value, keeping margin normalization at bay. Despite 39% revenue growth and 28% GMV expansion, operating margin held at 9.8% as logistics and marketing spending reached 11% of revenues. Competition from Amazon and Shopee reinforces that subsidy spending may be a permanent defense.
Mastercard valuation signals undervaluation on Excess Returns model
January 9, 2026, 9:54 AM EST. Mastercard's shares closed at $580.07, with returns of 1.6% over 7 days, 7.9% over 30 days, 3.0% year-to-date, 13.1% over 1 year, 55.4% over 3 years and 82.6% over 5 years. A six-point valuation check yields a value score of 2/6. In the Excess Returns framework, book value per share is $8.78, with a Stable Book Value of $14.68 and a Stable EPS of $31.40, based on estimates from eight and eleven analysts. Implied Cost of Equity is $1.09 per share, leaving an Excess Return of $30.31. The intrinsic value comes to about $743.60 per share, versus the market price of $580.07, i.e., the stock trades roughly 22% below its intrinsic value on this metric. The conclusion: undervalued.
Markets could be spooked as lofty valuations meet earnings risk and policy uncertainty
January 9, 2026, 9:53 AM EST. Stocks tread carefully as market multiples look stretched. The forward P/E ratio (price-to-earnings based on expected earnings) for the S&P 500 sits near 22x, above the 10-year average of 18.7x, leaving little cushion if earnings disappoint. Firms are seen delivering double-digit earnings growth in every quarter of 2026, with 18.1% for Q4 and a full-year ~15% consensus, underpinning a lofty price target of about 8,010 for the index. Risks loom. December payrolls rose 50,000, below 70,000 expected, a soft spell that could undercut earnings optimism. The path of Fed rate cuts remains uncertain; inflation cooling helps but valuations are high. Tariff risk persists as the Supreme Court weighs IEEPA authority; a ruling against tariffs could prompt sectoral relief. Geopolitics also cloud sentiment after Maduro's seizure, even as the S&P 500 and Nasdaq hover near records.
UK penny stocks under £200M attract interest as FTSE dips
January 9, 2026, 9:40 AM EST. London's stock market drifted lower as weak Chinese trade data weighed on global demand. In that environment, investors lean toward smaller companies that may offer growth at modest prices. The article highlights penny stocks-small-cap shares trading at low prices-filtered to contain market caps under £200 million. Illustrative names include Brickability Group (BRCK) at about £171.5 million, Warpaint London (W7L) at roughly £155 million, Michelmersh Brick Holdings (MBH) at £76 million, Ingenta (ING) at £16.5 million, MTI Wireless Edge (MWE) at £40 million, Impax Asset Management (IPX) at £174.9 million and Begbies Traynor Group (BEG) at £186.7 million. The selection also notes Corero Network Security and KR1 Plc as examples of specialty plays with niche revenue streams, though profitability and cash runway remain factors. Traders should balance potential gains with liquidity and rising costs.
Cramer's top 10: Friday market watch amid tepid payrolls and policy signals
January 9, 2026, 9:39 AM EST. Friday's market preview centers on a tepid December jobs report that keeps the Fed on track for more rate cuts. The government said 50,000 nonfarm payrolls (the government's monthly jobs tally) were added in December, below estimates, with the unemployment rate dipping. Investors also watch a Supreme Court tariff ruling and a White House meeting with oil executives on Venezuela. President Trump directed his reps-Fannie Mae and Freddie Mac-to buy about $200 billion in mortgage bonds, a move seen as easing funding costs ahead of policy easing. Tech and housing names were mixed but certain names moved: Lennar, D.R. Horton and Home Depot rallied on rate expectations; Meta Platforms inked deals with Oklo and Vistra to power Prometheus. Nvidia, Broadcom targets rose; Apple and Alphabet gained on updated targets; JPMorgan pointed to holiday trends; DuPont price target lifted to $51.
NEOG crosses above average 12-month target; shares trade at $9.70
January 9, 2026, 9:37 AM EST. Neogen Corp (NEOG) shares climbed to $9.70, topping the reported average 12-month target of $8.17. The figure comes from Zacks Investment Research via Quandl and reflects the crowd-sourced consensus of NEOG analysts. Three targets span from a low of $6.50 to a high of $10.00, with a standard deviation of $1.755. Crossing the target can lead to a downgrade or a higher outlook, depending on company fundamentals. The data underline that targets aggregate views rather than a single expert call. Current ratings show 2 Strong Buy and 3 Hold across the coverage, with no Sell ratings. Investors should decide whether $8.17 remains a waypoint or if NEOG has room to move.
Kratos Defense Stock Rises 35.3% in a Month: How to Play KTOS
January 9, 2026, 9:33 AM EST. Kratos Defense & Security Solutions (KTOS) has rallied 35.3% in the past month, outpacing the Zacks Aerospace-Defense Equipment index at 15.3%. The gain tracks ongoing demand for unmanned, autonomous systems and a string of contract wins, plus expansion of maintenance and software capabilities. Kratos' Valkyrie UAS is positioning as a core platform in the US Marine Corps' Collaborative Combat Aircraft program led by Northrop Grumman, boosting near-to-medium-term cash flow visibility. In December 2025, the company reported factory acceptance testing of its EPOCH C2 software with Airbus' OneSat platform, and about $30 million in national-security hardware contracts. The firm also opened a 10,000-square-foot MRO facility in Vancouver to overhaul PT6A/PT6T engines. The excerpt hints at challenges ahead for KTOS.
Tempus AI climbs 82% in 12 months on Genomics and Data momentum
January 9, 2026, 9:32 AM EST. Tempus AI TEM has surged 82.4% over 12 months, outpacing the industry (2.6%) and S&P 500 (19.3%). The stock carries a Zacks Rank #3 (Hold) as the healthtech specialist rides Genomics momentum and a growing Data & Services business with an expanding AI toolkit. Tempus posted its first non-GAAP profit in Q3 and is pursuing disciplined MRD expansion for long-term growth. Its portfolio spans oncology therapy selection, hereditary testing, and MRD. The company operates two revenue lines – Genomics and Data & Services – with Genomics volumes rising due to Ambry integration; FDA 510(k) clearance for xR IVD and launch of xM TRM support drug development. Data & Services grew 26.1% YoY, aided by Insights licensing and Paige acquisition. Tempus reported positive adjusted EBITDA of $1.5 million in Q3, helped by cost discipline. A risk: lack of US reimbursement for AI tools.
AI demand lifts Micron DRAM; HBM transition underpins revenue outlook
January 9, 2026, 9:31 AM EST. Micron Technology's fiscal Q1 2026 DRAM revenue rose 69% YoY to $10.8 billion, 79% of total revenue, as DRAM demand tied to AI workloads strengthens. DRAM bit shipments edged higher; average selling prices jumped about 20%. As AI models grow, memory becomes a bottleneck, making HBM (high-bandwidth memory) essential for training and inference. Micron's HBM business is moving toward HBM4; early samples show top bandwidth and power efficiency, with customers locking in 2026 HBM3E supply and pricing. Tight DRAM supply supports pricing power amid broader demand from PCs, smartphones, and autos. Analysts see strong DRAM revenue growth; Zacks pegs 2026 DRAM revenue at $59.76B, up ~109%. In the ecosystem, Intel and Broadcom shape the HBM supply chain. Micron's stock has surged ~229% over the past year.
Construction & Mining Equipment Stocks to Watch Despite Industry Headwinds
January 9, 2026, 9:30 AM EST. Industry players in the Zacks Manufacturing – Construction and Mining group face a prolonged manufacturing downturn and tariff drag on customer spending. Still, infrastructure spending in the United States and mining demand tied to the energy transition support a brighter outlook. Caterpillar (CAT), Terex (TEX) and Astec Industries (ASTE) are positioned to gain from advances in technologically advanced equipment and efficiency upgrades that lift productivity. The energy transition will spur demand for copper, iron ore and other minerals, underpinning long-term equipment sales. Near term, ISM data show a contraction persisted for months, with brief expansion earlier this year before the latest dip. If infrastructure outlays pick up and orders stabilize, these names could lead gains for the sector.
SCI Q3 Revenue Mix Fueled by Cemetery Preneed and Non-Funeral Growth
January 9, 2026, 9:29 AM EST. Service Corporation International reported Q3 2025 revenue of $1.06 billion, up 4.4% year over year, as revenue mix shifted toward cemetery preneed and non-funeral channels. Cemetery revenue rose to $484.0 million, led by preneed cemetery revenue of $338.5 million. On a comparable basis, cemetery revenue grew about 6.9%, with core cemetery up 6.7%; cemetery preneed sales production rose about 10%. Funeral revenue edged up to $574.1 million but comparable funeral revenue declined 0.3%; core funeral services fell 3.5%, offset by higher average revenue per service (+3.1%). Non-funeral home revenue rose 12.6% with a 13.4% jump in average revenue per service, while preneed revenue slowed due to delivery deferrals. Management said timing, not revenue recognition, affected revenue. SCI shares rose 3.9% year over year.
SHELL sees Q4 upstream output rise as oil trading hurts profits
January 9, 2026, 9:28 AM EST. Shell plc expects Q4 upstream production of 1.84-1.94 million boe/d, up from 1.83 mboe/d in Q3 after adding the Adura JV, underscoring operational resilience amid market volatility. The oil and gas output push aligns with a broader strategy to strengthen market position, supported by new projects and drilling tech. However, oil trading results are expected to be "significantly lower" in Q4 due to a steep fall in crude prices, squeezing margins in a volatile market. Marketing earnings are also expected to be pressured, with seasonal factors weighing on demand and a non-cash deferred tax adjustment added to the headwind. Trading has historically been a large earnings contributor for the group.
HELE Q3 Earnings Meet Estimates; Home & Outdoor Sales Decline YoY
January 9, 2026, 9:27 AM EST. Helen of Troy Limited reported Q3 fiscal 2026 results that were mixed: the adjusted earnings matched the consensus while net sales topped estimates but fell year over year. The company posted adjusted earnings of $1.71 per share, in line with the Zacks forecast, and net sales of $512.8 million, down 3.4% from a year earlier. A sharper drop in Organic sales (down about 10.8%) weighed on results, reflecting weaker demand for insulated beverageware and hair appliances. The Olive & June acquisition contributed about $37.7 million in revenue. International sales slipped 8.1%. The gross margin narrowed to 46.9%, while adjusted operating income declined 24.6% to $66.3 million and the operating margin was 12.9%. SG&A rose as a percentage of sales. Management pledged renewed focus on product innovation, brand engagement and direct-to-consumer strategies to stabilize operations and support longer-term growth.
U.S. jobs data due; tariffs in focus as markets await key data
January 9, 2026, 9:25 AM EST. U.S. stock futures drift near flat ahead of the December jobs data due at 8:30 a.m. ET. Economists expect nonfarm payrolls (jobs data excluding farm workers) to rise by 73,000 and the unemployment rate to 4.5%. Challenger, Gray & Christmas said layoffs are at a 17-month low, while a New York Fed survey shows improving consumer sentiment despite labor concerns. After the data, Kevin Hassett will join CNBC for analysis. The Supreme Court could rule on President Trump's tariff policy, a decision that might grant limited powers or spur alternate enforcement. The Commerce Department said the October trade deficit fell 39% from September to the lowest since 2009, highlighting tariff effects. A photo shows Cuba bracing for fuel shortages after the U.S. seized Venezuela-linked tankers at Matanzas.
12 of 20 funds hold IVV in latest 13F batch
January 9, 2026, 9:23 AM EST. Holdings Channel found that the latest batch of 13F filings for the 09/30/2024 period shows IVV held by 12 of the 20 most active filers. 13F filings disclose long positions only, excluding shorts; the report cautions that the full picture may include hedges not visible in the filings. Among the names, six funds increased their IVV positions from 06/30/2024 to 09/30/2024, three trimmed, and one opened a new stake. Across all 501 funds reviewed, aggregate IVV shares rose by 77,261 to 14,824,318, a 0.52% gain from 14,747,057. The analysis suggests that aggregating managers can reveal trends even when individual filings are noisy.
PAYDEN GLOBAL FUNDS PLC board changes on REG – Euronext Dublin
January 9, 2026, 9:12 AM EST. PAYDEN GLOBAL FUNDS PLC said it will undergo changes to the board of directors on REG – Euronext Dublin. The announcement provided no details on the incoming or outgoing directors, timing, or reasons. The reference appears as 86723 in exchange filings. Investors should monitor regulatory disclosures for forthcoming specifics on governance updates.
Simulations Plus Q1 miss; software headwinds weigh on sales, stock slides
January 9, 2026, 9:11 AM EST. Simulations Plus, Inc. (SLP) posted fiscal Q1 2026 adjusted earnings of $0.13 a share, a 27.8% miss versus the Zacks consensus and down from $0.17 a year earlier. Revenue came to $18.4 million, up 2% from the period but down 3% year over year; it beat the consensus by about 2%. The Software segment fell 17% to $8.9 million as clients reduced clinical operations, with Development products (GastroPlus, MonolixSuite) delivering about 81% of software revenue. The Services rose 16% to $9.5 million, supported by MedCom; backlog rose 18% to $20.4 million. Gross margins improved to 59% overall; Software margins were 84%, Services 36%. The shares dropped roughly 5% to $18.05 in the Jan. 8 session. Management pointed to strong bookings, price increases and healthier client funding as potential upside if budgets recover.
Lamb Weston trims footprint, shifts Latin America production, curtails Netherlands line
January 9, 2026, 9:10 AM EST. Lamb Weston plans a global footprint rebalancing under its Focus to Win strategy. The company will close the Munro, Argentina facility and shift Latin American production to Mar del Plata, while temporarily curtailing a Netherlands line to reduce underutilization and manage inventories. Management says the moves align with prioritizing markets and assets and improving cost savings and operational efficiency across regions. Outside North America, demand remains uneven; Europe faces softer restaurant traffic and pricing pressure after a strong potato crop, contributing to profitability headwinds. Despite rising volumes from new customer wins, pricing and mix pressures abroad continue to weigh on results. The company positions the changes to support sustainable growth and a leaner, more flexible network.
Discord files confidentially for IPO, weighing a public listing
January 9, 2026, 9:07 AM EST. Discord is pursuing a public listing after filing a confidential registration with the U.S. Securities and Exchange Commission (SEC), Bloomberg reports. The company has worked with banks Goldman Sachs Group and JPMorgan Chase & Co since at least March 2025. A public listing is optional, and a confidential filing is a normal prelude to an IPO (initial public offering) that would trigger an S-1 disclosure. Discord says its focus remains delivering a strong user experience and building a sustainable business. The platform has exceeded 200 million monthly active users as of end-2025 and about 1.9 billion hours spent gaming each month. Founded in 2015, Discord counted roughly 350 million registered users in 2021. CEO Humam Sakhnini took charge in 2025 after Jason Citron stepped down.
Sugar climbs on index rebalancing inflows; Brazil, India data influence
January 9, 2026, 9:05 AM EST. March NY world sugar #11 (SBH26) rose 0.53% to extend weekly gains; March London ICE white sugar #5 (SWH26) added 0.47%. The move comes as investors anticipate index rebalancing buying of sugar futures, Citi projects inflows of about $1.2 billion into sugar contracts for the annual rebalance of the BCOM and S&P GSCI indexes. A firmer Brazilian real supported sugar by weighing on export sales and curbing supplies, with the real hitting a one-month high against the dollar. Indian production data also mattered: ISMA showed 2025/26 output up 25% y/y in Oct-Dec to 11.90 MMT; ISMA lifted its full-year estimate to 31 MMT while trimming ethanol use, potentially lifting exports. Brazil's outlook remains bearish for prices despite steady gains, as Conab and Unica track higher output.
NYSE Pre-Market Update; TKO Group's Professional Bull Riders to Ring Opening Bell
January 9, 2026, 9:04 AM EST. New York, Jan 9, 2026 – Equities were little changed ahead of the December jobs report due at 8:30 a.m. ET. Economists expect 73,000 jobs to be added and the unemployment rate at 4.5%. The NYSE will broadcast a pre-market update delivered from the floor, with Kristen Scholer providing the briefing as part of broader market commentary. Viewers can catch NYSE Live on the NYSE TV app for the segment, tied to the U.S.'s milestone. At 9:30, the Professional Bull Riders – part of NYSE-listed TKO Group – will ring the Opening Bell ahead of a Madison Square Garden event. CEO Sean Gleason will join for an exclusive interview. The release notes the partnership in celebration of the U.S.'s 250th birthday.
Sterling's E-Infrastructure segment emerges as growth engine for STRL
January 9, 2026, 9:01 AM EST. Sterling Infrastructure's E-Infrastructure Solutions segment is emerging as STRL's primary growth engine. It accounted for about 55% of revenue in the first nine months of 2025, rising 37.1% year over year. The segment benefited from the late-Q3 2025 acquisition of CEC, adding $41.4 million of revenues, and from strength in data centers. Data centers revenue more than doubled as hyperscalers and enterprise customers expand capacity, a long-cycle, multi-year growth signal. The segment anchors STRL's backlog, with Remaining Performance Obligations (RPO) up 75.2% to $1.81 billion as of 9/30/2025, and a multibillion-dollar pipeline. Sterling differentiates by bundling site development with mission-critical electrical services. Competition comes from Quanta, EMCOR, and PWR; execution could keep E-Infrastructure Solutions as STRL's core growth driver for years.
Astronics (ATRO) climbs 11% on strong volume as defense outlook supports gains
January 9, 2026, 9:00 AM EST. Astronics Corp ATRO rose 11.3% to $64.81 in the latest session as volume surged. The gain follows strong Q4 momentum and a full year of revenue growth, with Q4 revenue beating guidance and full-year results showing year-over-year expansion. Investors also anchored bets on sustained defense spending after President Trump proposed boosting military outlays to about $1.5 trillion for 2027, a backdrop that could lift aerospace and defense suppliers. For the upcoming quarter, the company is expected to post $0.55 per share, up about 14.6% year over year, on revenue of $234.83 million, roughly +12.6% from a year ago. The stock holds a Zacks Rank #3 (Hold). In the same group, Woodward (WWD) traded modestly lower, underscoring mixed near-term sentiment within the sector.
NSE stays open on Jan 15 as settlement holiday hits Maharashtra polls
January 9, 2026, 8:58 AM EST. NSE will run regular trading on January 15, but that day is a settlement holiday in Maharashtra, the exchange said in a circular. There will be no T+0 settlement on January 15. Trading can continue, but clearing and settlement for that cycle will not occur; trades from January 14 settle on January 16, and trades on January 15 also settle on January 16. Banks in the state are typically closed, so retail investors should expect potential one-day delays in the credit of shares or funds around the date. NSE notes 15 market holidays in 2026, including Republic Day, Holi, Mahavir Jayanti, Good Friday, Maharashtra Day, Bakri Id, Muharram, Ganesh Chaturthi, Gandhi Jayanti, and Christmas. Analysts say markets are cautious amid higher borrowing costs and mixed global signals; clarity on global trade and Q3 earnings will guide the next leg.
Foraco International Among TSX Penny Stocks to Watch as Canada Navigates Rates in 2026
January 9, 2026, 8:57 AM EST. Canadian markets begin 2026 under the weight of slower growth and shifting rates. Penny stocks-small, low-priced shares that trade infrequently-remain a focus for traders seeking growth. The analysis spotlights Foraco International SA (TSX: FAR) with a market cap of about CA$252.22 million. The company reports two main revenue streams, Mining and Water, and a debt load marked by a net debt to equity ratio near 64%. Still, cash flow coverage is solid, and recent long-term contracts in the U.S., Canada and Chile total more than US$210 million. Profitability cooled, with margins slipping from 8.4% to 6.5%, while management has pursued share buybacks totalling CA$2.04 million. The piece notes several other screened TSX names such as Westbridge Renewable Energy, Sailfish Royalty, and Zoomd Technologies as examples of the broader list of 378 penny stocks.
Amentum Holdings (AMTM) Valuation Highlights After Recent Share Strength
January 9, 2026, 8:56 AM EST. Shares of Amentum Holdings jumped recently, trading at $32.47 after a 4.1% daily rise and a 12.6% monthly gain. A 90-day return of 38.8% and a 1-year total shareholder return of 51.1% point to momentum. The stock sits near a $33.73 price target, raising the question whether the rally reflects upside or overhang. On a trailing basis, the stock trades at a P/E of 119.9x, far above peer averages around 19.4x and the professional services sector average of 24.8x, with a fair P/E of 36.9x according to the checks. That suggests an overvaluation on earnings multiples, even as the DCF model indicates a fair value of $68.30, implying substantial upside if the long-term earnings path proves accurate. Risks include growth that misses expectations of about 2.8%.
Honeywell (HON) DCF signals roughly 17% undervaluation at $205 share price
January 9, 2026, 8:55 AM EST. Honeywell International closed at $205.24, up 5.2% in the past week, 7.9% in the last 30 days, with a mixed track record year-to-date and over 1 year. The stock sits amid debates on industrials and long-cycle demand for automation, aerospace and building technologies. Simply Wall St's DCF projects a fair value of about $248.19 per share, implying roughly 17.3% undervaluation versus the current price. The company trades at a P/E of 21.26x, above the sector average of 12.17x but below the peer group average of 29.38x. The valuation score in the report is 3 out of 6, reflecting mixed signals about growth and cash flows. The takeaway: the stock looks undervalued on a cash-flow basis, but sentiment and multiples keep the case nuanced.
Nvidia 2030 stock forecast: bull, base, and bear targets
January 9, 2026, 8:51 AM EST. Nvidia's shares have swung with the tariff-driven volatility of 2020s trade frictions and a later rebound that helped it become the first $5 trillion market cap company. Looking to 2030, 24/7 Wall St. lays out three scenarios for NVDA: a bull target of $491, a base case of $265, and a bear case of $38. The analysis hinges on three drivers: AI infrastructure dominance (roughly 80% of the AI accelerator market via H100/H200 GPUs and CUDA software), rapid data center expansion (revenue rising from $4.3B in Q1 2023 to over $35.6B in Q4 2024), and margin preservation (73% gross margin in Q4 FY2025). Risks include competitive pressure eroding margins and ongoing market volatility.
CACI International climbs 3.8% on solid volume; backlog, NATO demand support outlook
January 9, 2026, 8:47 AM EST. CACI International rose 3.8% in the last session to close at $584.09, aided by sharply higher volume. The move comes after a 5.6% loss over the prior four weeks. Growth drivers cited include national security spending, demand for Counter-UAS and electronic warfare, and ongoing network and digital modernization, plus strong backlog visibility and expanding NATO opportunities. Ahead of its next report, the company is expected to post quarterly earnings of $6.47 per share on revenue of $2.28 billion, up 8.7% and 8.6% respectively. Estimates have been unchanged for about 30 days, a sign that near-term momentum may hinge on revisions. The stock carries a Zacks Rank of #3 (Hold).
ALADO.PA Adomos S.A. €0.0005 on EURONEXT: Most-Active, 27.8 Million Shares Traded
January 9, 2026, 8:45 AM EST. ALADO.PA opened at €0.0005 on EURONEXT on 09 Jan 2026, trading heavy volume of 27,813,254 shares. Adomos S.A. shows liquidity far above its €15,100 market cap, implying thin-float, speculative trading per Meyka AI. Intraday range: €0.0004-€0.0005; relative volume about 1.05. Fundamentals: EPS (earnings per share) -85.95; market cap €15,100; shares outstanding 30,200,100. Current ratio 0.13; book value per share -€37.97; P/S (price-to-sales) 0.11. 22 employees. Technicals: RSI 35.03, ADX 10.46. Meyka AI assigns a 12-month target of €0.0020 (+300%), score 64.3/B, rating HOLD. Risks: negative equity, weak liquidity, operating losses; EV €6.86m vs market cap €15k signals leverage in valuation. Bottom line: intraday standout microcap; upside hinges on capital actions.
REVG trades above average target as analyst ratings mixed
January 9, 2026, 8:44 AM EST. REVG shares rose to $29.96, slightly above the 12-month target price of $29.88 in the latest Zacks consensus. The target reflects a consensus estimate of where the stock should trade in a year; canvassed opinions may revise upward or downward as fundamentals shift. The four targets in Zacks' coverage for REV Group Inc give a range from $25.00 to $33.00, with a standard deviation of $3.57. The mix of ratings shows two Strong Buys, one Hold, and one Strong Sell; the average rating sits at 2.5 on a 1-5 scale. Data comes from Zacks Investment Research via Quandl.
Five Dividend Growth Stocks With Upside to Analyst Targets, ETF Channel Analysis
January 9, 2026, 8:43 AM EST. ETF Channel flags five dividend-growth stocks from the SPDR S&P Dividend ETF that still show upside to analyst targets over the next 12 months. The names: Nike, Royal Gold, Exxon Mobil, Nordson, Chevron. The piece lists recent price, analyst target and upside, and the stock's dividend yield, then combines upside with yield to estimate implied total return. For example, Nike at $75.37 with a $112.31 target offers about 49.01% upside and a 1.96% yield, implying a ~50.97% total return. Royal Gold at $125.16 with a $151.62 target offers ~21.14% upside and 1.28% yield, about 22.42% total return. Exxon, Nordson and Chevron show similar setups. The analysis also tracks TTM dividends (trailing twelve months) to gauge growth, noting Nike up 9.43% and Royal Gold up 40.91%, signaling dividend-growth momentum.
Estee Lauder stock rises above average 12-month target to $277.16
January 9, 2026, 8:42 AM EST. Estee Lauder Cos. shares traded at $277.16, topping the average 12-month target of $274.85. The move puts the spotlight on how analyst targets are set and revised after a price milestone. Within the Zacks coverage, there are 20 targets for EL, with a low of $210 and a high of $374; the standard deviation is $35.88, signaling broad views. Crossing a target can trigger a downgrade or a higher target, depending on the fundamental outlook. The current mix shows 14 strong buy and 2 buy ratings, 4 holds, and no sells, yielding an average rating of 1.48 on a 1 (Strong Buy) to 5 scale. Data come from Zacks Investment Research via Quandl. Investors may now reassess whether $274.85 is a waypoint or a ceiling.
Tennant Co. crosses above 200-day moving average
January 9, 2026, 8:41 AM EST. Tennant Co. (TNC) shares rose above their 200-day moving average-a long-term trend line calculated from the past 200 closes-on Thursday, trading intraday up to $66.81. The stock last traded around $66.10, up about 4.7% on the session. The 52-week range is $54.90 to $85.33. A cross above the 200-day moving average is often cited as a bullish signal, suggesting momentum could tilt higher in the near term. These figures reflect intraday activity and the day's close may differ.
TCBI crosses above average 12-month target at $57.25 as shares trade at $57.38
January 9, 2026, 8:40 AM EST. Texas Capital Bancshares Inc. (TCBI) shares traded at $57.38, edging above the average 12-month target of $57.25 used by Zacks-covered analysts. The move highlights a crowd-sourced view built from 12 targets, with a low of $47 and a high of $65 and a standard deviation of $5.259. The group's average rating sits at 2.75 on a 1-to-5 scale, where 1 is Strong Buy and 5 is Strong Sell, per Zacks via Quandl. A stock touching its target can prompt a downgrade or a higher forecast if fundamentals justify it. Investors should decide whether $57.25 is a stepping stone to higher targets or a signal to reassess exposure.
Frontdoor (FTDR) trades at $26.88, above 12-month target of $26.75
January 9, 2026, 8:39 AM EST. Frontdoor Inc. FTDR traded at $26.88, near the $26.75 12-month target from Zacks, as analysts weigh valuation against fundamentals. The stock's move can trigger a downgrade or a higher target if prospects improve. Four analyst targets feed the average, spanning a low of $21.00 to a high of $34.00, with a standard deviation of 5.439. The piece highlights the wisdom of crowds idea – the average reflects multiple viewpoints rather than a single forecast – and invites investors to decide if $26.75 is a stepping stone or a peak. The latest ratings show: Strong Buy 1, Buy 0, Hold 5, Sell 0, Strong Sell 1; average rating 3.0. Data from Zacks Investment Research via Quandl.
Three New Strong Sell Stocks Added to Zacks Rank #5 List on Jan 9
January 9, 2026, 8:32 AM EST. Three stocks were added to Zacks Rank #5, the firm's Strong Sell list, on Jan 9: BIDU (Baidu), CENTA (Central Garden & Pet) and CR (Crane Company). BIDU is an online marketing and cloud services company; CENTA markets pet products; CR is an engineered industrial products maker. The Zacks Consensus Estimate for each stock's current-year earnings has been revised downward over the last 60 days: BIDU down 5.2%, CENTA down 7.5%, CR down 6.3%. The changes reflect weaker near-term earnings prospects. Zacks continues to publish the Rank #5 list, signaling a potential downside bias until new data can alter the trajectory.
NuScale Power's NRC-approved SMR hopes meet AI data-center demand, but sales are lacking
January 9, 2026, 8:29 AM EST. NuScale Power is aiming to power AI data centers with small modular reactors (SMR), a technology designed to provide continuous power. SMRs are smaller, factory-built reactors intended to lower upfront costs and shorten construction time. NuScale is the only company with an NRC-approved design, giving it a regulatory edge in a process known for delay. The company has not booked a sale or meaningful revenue yet. The stock has risen about 37% this year, helped by broader nuclear sentiment after a $2.7 billion award to uranium enrichment firms by the Trump administration; NuScale was not a recipient. Shares trade near 50x sales, underscoring high risk even if deployments materialize. The Motley Fool Stock Advisor did not include NuScale among its top 10 picks.
NuScale Power undervalued after DCF signals; SMR rally tempers risk
January 9, 2026, 8:28 AM EST. NuScale Power trades around US$19.47, posting a mixed momentum profile after a 7-day surge and a volatile year. A DCF analysis yields an implied fair value of US$52.35 per share, implying a 62.8% discount to that estimate and signaling undervaluation vs today. The model uses a 2-stage Free Cash Flow to Equity approach; the latest twelve months show a loss of about US$284 million, with forecasts turning positive by 2030 at roughly US$300.66 million. The long run includes several loss years before stronger cash generation, and outer years rely on extrapolation. At a P/B of 6.65x vs. an Electrical industry average around 2.59x, the stock sits higher on price-to-book while growth/risk remains debated. Sentiment tracks the SMR theme and nuclear policy as investors weigh value against risk.
Vistra to buy Cogentrix for about $4 billion to power AI data centers
January 9, 2026, 8:27 AM EST. Vistra Corp. (NYSE: VST) jumped about 5% in premarket trading (trading before regular stock hours) after agreeing to buy Cogentrix Energy for about $4 billion, funded with cash, stock and assumed debt. The deal, subject to regulatory approvals, is expected to close in mid-to-late 2026. Cogentrix adds 10 natural gas-fired plants totaling roughly 5,500 megawatts (MW), and will give Vistra dispatchable power (power that can be turned on or off on demand) to back continuous AI data center operations. The purchase follows Vistra's $1.9 billion deal for seven gas-fired plants from Lotus Infrastructure Partners completed in May. Analysts say the valuation looks attractive versus Vistra's existing portfolio as demand from hyperscale data center operators (large cloud- and tech-company customers) accelerates.
AppLovin stock price forecast 2026-2030: AI-driven ads and catalysts
January 9, 2026, 8:25 AM EST. AppLovin's stock rebounded after a slide caused by a pending class-action lawsuit and short-seller reports, posting new highs and outpacing the S&P 500 and Nasdaq. Since its 2021 IPO, the shares are up roughly 963%, underscoring a period of rapid growth. The company now focuses on software that boosts advertising monetization for online marketers. A key driver is its Axon AI engine, which is widening beyond gaming into e-commerce, fintech, and automotive ads, and proved effective in capturing holiday ad spend. It is scaling AI beyond gaming and developing a generative-AI toolkit and a self-service platform for autonomous campaigns. Analysts from Benchmark and Jefferies remain Buy, even as some peers warn on fundamentals. The question: is momentum sustainable into 2026 and beyond?
Tariff ruling by Supreme Court could steer Friday's US stock market open
January 9, 2026, 8:05 AM EST. U.S. stock futures opened flat to modestly higher on Friday as traders brace for back-to-back risk events. In pre-market trade, Dow futures ticked up about 0.0%, S&P 500 and Nasdaq-100 showed little movement. The focus is on a Supreme Court decision on whether the Trump-era tariffs can stand under the IEEPA, with a ruling expected later today that could redefine U.S. trade policy. Analysts warn the verdict could push markets sideways to lower, especially if tariffs are deemed unlawful, potentially feeding higher inflation and pressuring the dollar. Investors also await the payrolls data for clues on the Fed path. A ruling against tariffs could reverse some tariff windfalls, complicating fiscal calculations and potentially shaking risk sentiment into a cautious session.
Tata Elxsi stock falls 8.36% to INR 5,363.50 ahead of Jan 13 earnings; AI exposure eyed
January 9, 2026, 8:04 AM EST. Tata Elxsi fell 8.36% to INR 5,363.50 on 09 Jan 2026 after a heavy intraday sell-off. Volume totaled 150,166 shares as the stock traded in a INR 5,292.50-INR 5,398.00 range. The 50-day average is INR 5,255.08 and the 200-day average is INR 5,661.64. RSI at 72.65 and MFI at 87.69 flag overbought momentum. Valuation remains rich: PE 53.08, market cap INR 356.1 billion. The stock's earnings print is due 13 Jan 2026 with potential AI-related order flow for the next move. Meyka AI gives a 74/100 grade (B+, HOLD). A model path shows about INR 6,884.87 in 12 months (roughly 28% upside) but warns of a downside near INR 4,559.03.
BankUnited appears ~23% undervalued on Excess Returns model despite $45.70 share price
January 9, 2026, 8:01 AM EST. BankUnited trades around $45.70 a share, but an Excess Returns framework points to an intrinsic value near $59.46, implying about 23% upside. The model starts with a book value of $40.30 and a stable book value of $44.87, with stable EPS of $3.93 and a cost of equity of $3.32; the resulting excess return is $0.60 per share. This keeps valuations sensitive to small shifts in profitability and growth. In the near term, investors also weigh capital strength, loan quality, and deposit trends amid sector-wide rate expectations. The stock's 1-year return trails some peers, but the valuation score leans toward undervalued under this framework.
Iridium Communications appears undervalued after multi-year price slump, according to DCF model
January 9, 2026, 7:59 AM EST. Iridium Communications (IRDM) trades at $18.55, up 6.7% over the past week. The stock has fallen 34.4% in the last year and 67.8% over three years. Simply Wall St scores it 4 of 6 on value checks, signaling undervalued on most measures. A Discounted Cash Flow (DCF) model-which estimates future cash flows and discounts them to today-places an intrinsic value per share of $69.81, meaning the current price represents a roughly 73.4% discount. Projections through 2030 underpin the estimate, even as Iridium's satellite and connectivity strategy faces market debate. Investors weighing the name should balance near-term volatility with longer-term cash-flow potential.
Tel Aviv Stock Exchange begins Friday trading to align with global markets
January 9, 2026, 7:57 AM EST. The Tel Aviv Stock Exchange begins Friday trading for the first time, moving from Sunday-Thursday to align with global markets after Israel shifted hours to accommodate Shabbat. Yaniv Pagot, Vice President of Trading at TASE, said the session opened with a historic first option expiration and a trading volume of about 106 million shekels. Finance Minister Bezalel Smotrich framed the move as part of broader reforms to join international indices and boost share issuance under the blue-and-white flag, noting safeguards to avoid desecrating Shabbat and regulatory steps from the Securities Authority. The government will continue to strengthen the economy, Smotrich said, as trading now runs Monday through Friday.
Patterson-UTI jumps 6.4% on upbeat outlook; PTEN set for Q1 loss
January 9, 2026, 7:51 AM EST. Patterson-UTI shares rose 6.4% to $7.03 on heavier-than-average volume after its January investor presentation framed a constructive outlook. Cost controls in drilling, resilient completion activity with minimal spare horsepower and adjusted free cash flow in the next quarter described as the strongest of the year underpin investor confidence. The company guided capex under $500 million, with high utilization of Tier-1 rigs and natural gas hydraulics, and pledged to return at least 50% of adjusted free cash flow to shareholders. PTEN is expected to post a Q1 loss of $0.12 on about $1.09 billion in revenue, a 6.2% year-over-year drop. The stock carries a Zacks Rank #3 (Hold); near-term moves will hinge on earnings revisions and guidance. Valaris is a peer in the sector.
Huntington Ingalls surges 6.2% as defense-spending optimism grows
January 9, 2026, 7:49 AM EST. Huntington Ingalls (HII) shares surged 6.2% in the last session to close at $378.47, with volume well above its 30-day average. The move follows a 10.3% gain over the past four weeks. HII is the sole designer and manufacturer of nuclear-powered aircraft carriers in the United States, and more than 70% of the active U.S. Navy fleet comprises its ships. Investors priced in a bigger defense budget; President Trump proposed raising military outlays to about $1.5 trillion in 2027 from $901 billion in 2026, boosting defense stocks. Ahead of the results, the company is expected to post EPS (earnings per share) of $3.75, up 19.1% year over year, with revenue of $3.05 billion, up 1.6%. The consensus EPS estimate for the quarter has been revised 1.7% higher over the last 30 days. Zacks Rank #3 (Hold).
Lockheed Martin climbs 4.3% on volume as defense-spending outlook boosts sentiment
January 9, 2026, 7:47 AM EST. Lockheed Martin Corp. (LMT) closed up 4.3% at $518.44 on heavier-than-average volume, trimming losses earlier in the session, and marking roughly a 6.2% rise over four weeks. The defense contractor benefits from a steady Pentagon backlog and stronger global demand. A broader boost came from President Trump's proposal to lift military spending to about $1.5 trillion in 2027, up from $901 billion in 2026, lifting sentiment for defense names. Ahead of its results, the consensus EPS is $6.33 for the quarter, down 17.5% year over year, with revenue seen at $19.74 billion, up 6%. Revision trends were modestly negative over the past 30 days, a factor that can temper gains. Zacks Rank #3 (Hold). Peers include Joby Aviation (JOBY), which finished 1.9% lower at $15.25; next-quarter EPS is -$0.20.
Sodexo Looks Overvalued on DCF Basis, Trading at €43.40
January 9, 2026, 7:43 AM EST. Sodexo trades at €43.40 after a 37.5% drop over the last year, with a 1% year-to-date gain. The stock's valuation sits against a backdrop of sector re-rating as demand patterns shift and cost pressures mount. A two-stage DCF model, based on a free cash flow to equity approach, puts the intrinsic value at €33.50 per share – about 29.5% below the market price. The latest FCF is €612.7 million (TTM), with forecasts extended to 2030. On multiples, the stock trades at P/E 9.11x, well below the hospitality industry average of 20.95x and peers at 15.94x; Simply Wall St's Fair Ratio is 16.00x. The takeaway: the valuation is contested amid demand shifts and balance-sheet considerations.
REG – Euronext Dublin Market Notice: Data and Content Providers
January 9, 2026, 7:41 AM EST. REG – Euronext Dublin Market Notice credits the data and content providers used on its materials. It lists ICE Data Services for market data, FactSet for reference data and the CUSIP Database via FactSet Research Systems Inc, Quartr for SEC filings and other documents, and TradingView, Inc. for charting content. The notice underscores attribution and licensing across 2026 material.
FIPP.PA slides 16% intraday; near-term support at €0.10 amid thin liquidity
January 9, 2026, 7:39 AM EST.FIPP.PA fell 16% intraday to €0.105 on EURONEXT as thin liquidity and mixed fundamentals weighed on the Paris micro-cap Real Estate Services firm. Volume reached 3,800 shares, below the 4,652-share average, underscoring limited buyer depth. The move comes with negative earnings signals: EPS of -0.03 and a trailing PE of -4.17, and a book value of €0.44, implying a price-to-book of 0.34. Technicals show a mixed setup: RSI 44.84 (Relative Strength Index, momentum gauge) is below neutral; ADX 29.91 (trend strength) indicates a current trend. Bollinger Bands place the price near the lower band of €0.11-€0.12. Meyka AI assigns a weighty HOLD and a 12-month target near €0.10, suggesting limited upside.
Dunedin Income Growth Investment Trust NAVs updated for 8 January 2026
January 9, 2026, 7:35 AM EST. abrdn Holdings Limited published the unaudited NAVs for Dunedin Income Growth Investment Trust PLC as at the close of business on 8 January 2026. NAVs follow Association of Investment Companies guidance: assets valued at fair value using bid prices; debt valued at par or, where applicable, at market value; diluted NAVs disclosed; treasury shares excluded for calculation; and provisions for performance fees included where applicable. The four lines show: Undiluted Excluding Income 319.69p; Undiluted Including Income 325.89p; With Debt at Fair Value Excluding Income 325.16p; With Debt at Fair Value Including Income 331.37p.