Stock Market Today 13.01.2026

WHSP Holdings Insider Buying Reaches AU$3.4 Million, Led by Robert Millner

January 13, 2026, 11:58 PM EST. WHSP Holdings Limited (ASX: SOL) saw insider buying over the past 12 months, led by Robert Millner with an AU$3.4 million purchase at AU$34.48 a share. The current price is about AU$38.00, suggesting purchases near the prevailing level. There were no insider sales in the period. Insiders own 5.4% of the company, worth around AU$782 million at latest prices, a sign of alignment with other shareholders. While such activity isn't the sole predictor of returns, it can inform sentiment. The report notes two warning signs flagged by Simply Wall St that merit attention before further analysis. Overall, insiders appear reasonably aligned and optimistic about WHSP's prospects.

Arch Capital Group Valuation Under Review as Momentum Cools

January 13, 2026, 11:54 PM EST.Arch Capital Group (ACGL) trades near $90.77 as near-term momentum cools after recent softer sessions. A 5-year total shareholder return of 179.28% remains well ahead, but the stock faces a valuation gap. Analysts' consensus target sits at about $108.31 with a high of $125 and a low of $93, implying an intrinsic value gap near 59% versus the current price. The fair value narrative hinges on earnings growth, margins and risk factors, leaving upside depending on catastrophe losses and pricing trends in property-casualty (P&C) pricing. The balance of risks includes potential spikes in losses or sharper competitive pricing. Investors may use the snapshot to widen their watchlist and consider other stocks with faster growth and higher insider ownership.

Stocks making the biggest moves midday: JPMorgan, Moderna, Boeing among leaders

January 13, 2026, 11:44 PM EST.JPMorgan Chase fell more than 3% in midday trading after weaker investment banking fees and missed estimates; CFO signaled banks may resist a proposed 10% cap on credit card interest. Chipotle Mexican Grill dropped more than 3% after reaffirming 2025 guidance and appointing an interim chief marketing officer. Moderna jumped more than 14% after CEO Stéphane Bancel forecast 2025 sales near $1.9 billion at JPMorgan's health-care conference. Boeing rose more than 3% after outselling Airbus in 2025, with December orders for 174 jets. Option Care Health jumped 10% on preliminary Q4 results and a doubled buyback to $1 billion. Cardinal Health raised full-year guidance; Delta Air Lines fell more than 3% on mixed Q4 results. Intel and AMD gained after upgrades; Travere Therapeutics tumbled 32% on an FDA information request. PAR Technology rose; Revvity climbed on stronger Q4 revenue.

Coinbase Global upgraded to Buy by BofA Securities with $340 target

January 13, 2026, 11:40 PM EST. BofA Securities upgrades Coinbase Global (COIN) to Buy from Neutral, arguing the venture toward an Everything Exchange is closer, with both stocks and sports integration cited. The firm assigns a price objective of $340 a share. Coinbase stock rose about 0.5% to $247.16 in late trading. The upgrade follows efforts by the crypto exchange to broaden its product mix and reach beyond crypto spot trading.

Asia mixed as Wall Street pullback and Iran tensions weigh on markets

January 13, 2026, 11:35 PM EST. Asia traded mixed as Wall Street pulled back and Iran tensions intensified. In Tokyo, the Nikkei 225 jumped 1.6% to 54,413.92 amid talk of a general election by Prime Minister Sanae Takaichi. The ASX 200 slipped 0.1% to 8,798.80. In Korea, the Kospi slipped 0.1% to 4,687.32; Hong Kong's Hang Seng rose about 0.8% to 27,055.14; the Shanghai Composite gained 1.2% to 4,187.14. In the U.S., the S&P 500 fell 0.2%, the Dow retreated 398.21 points, and the Nasdaq nursed a 0.1% decline after mixed results. JPMorgan missed estimates; Moderna jumped 17.1% on strong 2025 revenue guidance. Iran tensions and Trump's 25% tariff on imports from Iran-linked countries weighed on sentiment.

Oil pauses gains as Venezuela resumes shipments, Iran unrest looms

January 13, 2026, 11:30 PM EST. Oil prices paused gains after four sessions of advances as Venezuela resumed exports but concerns over Iran's supply linger. Brent crude was down 0.14% at $65.38 a barrel and WTI was down 0.20% at $61.03 at 0207 GMT. Brent had gained 2.5% on Tuesday; WTI up 2.8%, with a roughly 9.2% rise over four sessions. Iran protests raised fears of supply disruptions from the fourth-largest OPEC member. Citi said the moves risk tightening global oil balances via a higher geopolitical risk premium, though direct outages remain limited so far. Venezuela has begun reversing cuts, with two supertankers leaving Caracas loaded with about 3.6 million barrels as part of a 50-million-barrel deal. API data showed U.S. crude stocks rose 5.23 million barrels, with gasoline and distillate inventories also higher.

AMD stock forecast hinges on data center growth and AI uplift

January 13, 2026, 11:26 PM EST. AMD could hinge on Lisa Su's data center forecast, with a midpoint-driven view suggesting about 300% growth in data center revenue. If gaming and embedded chips meet expectations, revenue could top $100 billion by 2030. In that scenario, the stock could rise about 22% annually, implying roughly $601 per share in 2030 and a 171% gain. The primary driver remains AI investment; major tech firms plan to spend hundreds of billions on AI infrastructure in 2026 and beyond, potentially lifting AMD's earnings and valuations. The outlook depends on execution, demand for accelerators, and the cadence of chip cycles.

Nifty 50, Sensex set to open lower on mixed cues; range-bound near 25,600-26,000

January 13, 2026, 11:21 PM EST. Indian equities are seen opening lower on Wednesday as mixed global cues guide trade. Gift Nifty sits around 25,738, about 53 points below the Nifty futures' previous close. On Tuesday, Sensex ended at 83,627.69, down 250.48 points, while Nifty 50 fell to 25,732.30, down 57.95. Analysts flag a defined near term range. For Sensex, support sits around 83,100-83,200 and resistance near 84,100-84,200. For Nifty 50, overhead resistance is seen around 25,900-26,000, with a decisive move above 25,920 potentially opening a path to 26,100. The 50-day EMA sits around 25,890-25,920, offering a crucial hurdle. A higher bottom pattern keeps the near term upbeat, but a break below 25,600 would cloud the setup. Analyst quotes anchor the view: Tailor, Shetti, and Shah.

ASX Penny Stocks Spotlight: Aussie Broadband Leads Picks Amid Market Retreat

January 13, 2026, 11:17 PM EST.Australian equities edge lower as a weak U.S. results season and geostrategic tensions weigh on sentiment. Penny stocks remain a talking point for traders chasing affordability and growth in smaller, newer firms. The piece lists candidates with Financial Health Ratings across a spectrum of names, including Alfabs Australia, Dusk Group, IVE Group, MotorCycle Holdings, Pureprofile, Veris, West African Resources, Service Stream, EDU Holdings, MaxiPARTS, among others, with market caps from tens of millions to several billions. It singles out Aussie Broadband Ltd as a focal point: market cap around A$1.44 billion, diverse revenue mix, and 24.5% earnings growth last year. Net debt-to-equity sits at 14.1%, and operating cash flow covers debt, though management tenure is short and long-term liabilities warrant scrutiny. Investors should proceed with caution and due diligence.

Stock market today: Nifty50 slips below 25,700 as Sensex falls; FPI selling weighs

January 13, 2026, 11:12 PM EST. Indian shares opened on a negative note, with the Nifty50 around 25,680 and the Sensex near 83,500. At 9:16 AM, Nifty50 was 25,679.65, down 53 points (0.20%), while the Sensex stood at 83,500.40, down 127 points (0.15%). Analysts cite a non-directional market structure, signaling limited near-term cues for momentum. In Asia, stocks edged higher, while US markets closed lower after comments on credit card rate caps. The US CPI reinforced bets that the Fed will hold rates at its next meeting, though the White House presses for cuts. Domestic flows were mixed: FPIs net sold about Rs 1,500 crore, DIIs bought Rs 1,182 crore. Market action remains data- and policy-driven.

Tungsten Mining updates director interests with 4.8 million performance rights

January 13, 2026, 11:08 PM EST. Australian miner Tungsten Mining NL has filed Appendix 3Y notices under ASX rules detailing updated director holdings. Gary Lyons, the chairman, now holds an additional 4.8 million performance rights issued for nil consideration, part of revised equity-based incentives and signaling ongoing alignment with company performance. The filings come as broker coverage lists a Hold rating with a A$0.23 target. Tungsten Mining remains focused on tungsten exploration and development, with a reported market capitalization of about A$201 million and average trading volume near 1.66 million shares a day.

IREN: A Speculative Gamble, Not An Investment

January 13, 2026, 10:54 PM EST. A Seeking Alpha column argues that IREN is a speculative gamble rather than a genuine investment. The author frames his approach as opportunistic, citing macroeconomic and microeconomic angles while aiming to spark debate rather than offer certainty. The piece stresses that readers should weigh risk and that the author's views are personal opinions. It also carries disclosures: the author holds a short position in NVDA through stock or options, and the Seeking Alpha disclosure notes past performance is not a guarantee and no formal recommendation is provided. The article is positioned as opinion, not formal financial advice, and emphasizes performance disclaimers typical of the platform.

JPMorgan, Delta Fall After Q4 Beats as Two-Speed Economy Signals Persist

January 13, 2026, 10:49 PM EST. JPMorgan and Delta Air Lines kicked off Q4 earnings with beats that supported the market's early optimism. Yet both stocks fell more than 2% after cautious signals about the economy. JPMorgan posted Q4 revenue of $45.79 billion, up 7%, led by a 17% rise in market revenue; adjusted EPS of $5.23 beat estimates of $4.87, aided by a $2.2 billion Apple Card charge that kept net income at about $13 billion. Delta Air Lines generated Q4 sales of $16.0 billion, up 3%, with premium travel and cargo driving growth; adjusted EPS of $1.55 beat $1.53 estimates, while net income was $1.22 billion. CEO Jamie Dimon warned about geopolitical tensions and inflation resilience. Delta described a two-speed economy, with high-income demand intact but price sensitivity rising.

ASX midday: Energy gains as oil climbs; financials retreat on Humm Group board clash

January 13, 2026, 10:45 PM EST. Energy stocks rose about 2% at midday as oil climbed to a two-month high after unrest in Iran, with Brent futures up about 2.5% on Tuesday. Deep Yellow (ASX:DYL) said incoming chief executive Greg Field will start on Feb. 2, earlier than the May 1 target; acting CEO Craig Barnes will return to chief financial officer when Field takes the helm. The financials index slipped nearly 2% as banks sold off. Humm Group (ASX:HUM) urged shareholders to vote against all resolutions at a general meeting called by Jeremy Michael Kersten Raper and Sandhurst Trustees (custodian for Collins St Value Fund), seeking to remove three directors and appoint two. Management argued the move would threaten the company's strategy, capital strength, lender relationships and growth prospects.

Redington market cap drops ₹10 billion as retail and institutional holders face losses (NSE: REDINGTON)

January 13, 2026, 10:40 PM EST. Redington Ltd. (NSE: REDINGTON) fell after a roughly ₹10 billion decline in market capitalization. After a 4.5% price drop in the past week, retail investors were the largest casualty, while institutional holders also faced losses. Retail ownership sits around 41%, with institutional holdings about 34%; together, the top 11 shareholders own about 50%, suggesting no single party controls the stock. Synnex Technology International Corp is the largest shareholder with roughly 24%, followed by holders around 9% and 4.1%. The stock has coverage from several analysts, and Redington is not owned by hedge funds. Insider ownership exists, but precise figures aren't provided. Shifting ownership could heighten risk for smaller investors if large holders move.

IREN: Cheap Valuation Triggers Doubling-Down Thesis, Says Seeking Alpha Contributor

January 13, 2026, 10:36 PM EST. An article on Seeking Alpha argues that IREN trades on a cheap valuation, prompting the author to double down on the position. The author, an IT-trained investor who has managed a family portfolio in the U.S. market for seven years, frames his analysis around fundamentals and risk-reward. The piece notes a long position in IREN and cautions that past performance is not a guarantee of future results, with disclosures from the author and Seeking Alpha. The analyst emphasizes a hands-on approach to technology stocks but aims to apply insights across sectors. Readers are reminded the article reflects a personal thesis, not a general recommendation, and to consider their own risk tolerance.

Iren rises after Bernstein names it top AI pick as Microsoft contract fuels AI pivot

January 13, 2026, 10:31 PM EST.Iren rose after Bernstein analyst Gautam Chhugani named it his top AI pick (artificial intelligence) for 2026, anchored by a nearly $10 billion Microsoft AI cloud contract. The company, a former Bitcoin miner, is pivoting to high-performance computing to meet AI workloads. The move reflects renewed investor interest in crypto-exposed AI infrastructure plays. Iren closed Monday at $50.33, up about 9.3% with volume above the three-month average. The broader market showed only modest moves, with the S&P 500 and Nasdaq edging higher. Peers Mara Holdings and Riot Platforms also rose. The call highlights AI expansion and a major tech contract shaping Iren's growth strategy as it raises capital to boost compute capacity.

IREN up 15.4% after Microsoft AI cloud deal, new $661 million equity shelf

January 13, 2026, 10:27 PM EST. IREN Limited rose about 15.4% after it disclosed a US$661 million shelf registration for 17.5 million ordinary shares tied to an ESOP, alongside its shift from Bitcoin mining to AI cloud infrastructure under a multi-year Microsoft data center contract valued near US$9.7 billion. The shelf expands equity capacity but does not change the near-term catalyst-meeting Microsoft milestones and managing funding and execution risk. The arrangement anchors IREN's pivot to recurring AI compute revenue, with delivery timelines that could terminate if milestones slip. The company projects about US$1.5 billion in revenue and US$1.0 billion in earnings by 2028, and a fair value around US$83.00 implying roughly 57% upside. One-year estimates from Simply Wall St span US$16 to US$136, underscoring capital-deployment risk linked to heavy debt and rapid expansion.

Applied Digital poised for more gains in 2026 as AI data-center leases roll in

January 13, 2026, 10:23 PM EST.Applied Digital's stock has jumped about 56% in 2026 through January as it rides a stronger quarterly report. In fiscal 2026's second quarter ended Nov. 30, 2025, the company posted revenue of $126.6 million, up 250% year over year and well above consensus of $88 million. The AI data centers designer and operator said it is building two campuses in North Dakota with a combined 600 MW of capacity, already sold out to CoreWeave and another hyperscaler, with lease revenue for these clients projected at about $16 billion over 15 years. The first 100 MW center is already generating lease revenue; demand is accelerating, according to Wes Cummins, the CEO, who said the company is in advanced discussions with another investment-grade hyperscaler. Goldman Sachs sees a U.S. capacity shortfall of roughly 10 GW per year through 2028, potentially supporting growth.

Virbac trades below DCF value: €361.50 price vs €718 intrinsic

January 13, 2026, 10:05 PM EST. Virbac SA, listed on ENXTPA as VIRP, trades at €361.50, after multi-year gains. The stock's moves include 1.7% in 7 days, 6.6% in 30 days, 2.3% YTD, 16% in 1 year, 42.2% in 3 years and 76.3% in 5 years. Positioned as a specialist in the animal-health field, it remains on investor radar amid sector momentum. A two-stage DCF (discounted cash flow) model, anchored on trailing free cash flow of about €115.3 million, implies an intrinsic value near €718.59 per share, about a 49.7% upside from €361.50. The model labels the stock undervalued. A 3/6 valuation score adds nuance to earnings multiples and cash-flow assumptions. Investors should weigh sector sentiment, growth potential and cash-flow risk when assessing upside and downside.

NetApp valuation seen as undervalued after pullback; fair value around $124

January 13, 2026, 9:59 PM EST. NetApp (NTAP) trades near $107.28 after a cooling price, but long-run returns remain solid. Revenue is $6.64 billion; net income $1.18 billion. A calculated fair value of $124.33 per share labels the stock UNDERVALUED. The three-year and five-year total returns run 76.74% and 87.85%, underscoring a stronger longer-term record even as near-term gains pause. Growth in Keystone Storage-as-a-Service (~80% YoY) and deferred revenue +9% YoY point to higher visibility and margin expansion as mix shifts to high-value services. Risks include a dip in traditional product revenue (down 2% in Q1) and reliance on cloud partnerships. The full narrative maps a path to fair value and lays out the assumptions line by line.

ASX Biggest Losers: Block, NIC and MGH lead declines on Wednesday

January 13, 2026, 9:54 PM EST. ASX-listed stocks trimmed gains as losses dominated on Wednesday. Block (ASX:XYZ) led declines at about -3%, trading around AU$100.94, followed by Nickel Industries (ASX:NIC) at -3% and MAAS Group Holdings (ASX:MGH) at -3% as the session wound down. Other notable fallers included Reliance Worldwide (ASX:RWC) and Suncorp Group (ASX:SUN), each off around -2%. Pantoro Gold (ASX:PNR), Mesoblast (ASX:MSB), AGL Energy (ASX:AGL), Meridian Energy (ASX:MEZ), and GQG Partners (ASX:GQG) also slipped about -2%.

TMX Group valuation tight as momentum fades; fair value near market price

January 13, 2026, 9:50 PM EST. TMX Group (TSX:X) trades near CA$50.60 as near-term momentum fades. The stock posted weak 7-day and year-to-date returns, while 1-year and multi-year total shareholder returns remain solid. The narrative points to a durable, high-quality compounder with dependable cash flows, a wide moat and disciplined management. It cites 7% revenue growth and 14% net income growth as support for a premium outlook, yet a fair value of CA$49.90 sits just below the current price, implying a tight valuation gap. Upside hinges on continued trading activity and earnings momentum, plus smooth integration of acquisitions like Trayport and VettaFi. Investors should test assumptions and explore alternative scenarios before acting.

ASX Biggest Gainers: Stanmore Leads as Neuren, Lovisa Rally

January 13, 2026, 9:44 PM EST. Australian shares rose on Wednesday, led by gains among mining and biotech names. Stanmore Resources (ASX: SMR) jumped 8% to AU$2.92. Neuren Pharmaceuticals (ASX: NEU) rose 7% to AU$20.58. Lovisa Holdings (ASX: LOV) climbed 5% to AU$30.06. Aneka Tambang (ASX: ATM) and IperionX (ASX: IPX) gained 4%, to AU$0.9050 and AU$6.96, respectively. New Hope (ASX: NHC) added 3% to AU$4.33, Beach Energy (ASX: BPT) 3% to AU$1.18, Capricorn Metals (ASX: CMM) 3% to AU$14.86, Whitehaven Coal (ASX: WHC) 3% to AU$8.52, and Monadelphous Group (ASX: MND) 2% to AU$29.29.

India stocks set for muted open as foreign selling, firm crude weigh

January 13, 2026, 9:39 PM EST. India's benchmarks are set for a muted open, with persistent foreign outflows and firm crude oil prices capping gains. Gift Nifty futures were at 25,752.5, implying the Nifty 50 could open near Tuesday's close of 25,732.3. The Nifty and the Sensex have fallen in six of the last seven sessions, down about 2.3% and 2.5%. Talks between India and the United States on trade and energy were held, while Washington's tariffs on Indian goods-some linked to imports of Russian oil-continue to weigh. Foreign investors sold about 15 billion rupees ($166 million) on Tuesday, with January outflows near $2.07 billion. Oil rose over 2% to a seven-week high before easing slightly, adding to importers' pressure. Watch list includes ICICI Lombard, Tata Elxsi, and Just Dial, cited for quarterly results.

Nifty, Sensex seen opening lower amid weak global cues

January 13, 2026, 9:34 PM EST. Indian equities are poised to open lower on Wednesday after Tuesday's losses amid weak global cues and tariff concerns. Gift Nifty sits around 25,757, about 34 points below the previous Nifty futures close. The Sensex ended at 83,627.69, down 250.48 points, and Nifty 50 slipped to 25,732.30, down 57.95 points. Across Asia, markets were mixed with Japan's Nikkei at fresh highs. In the U.S., major indices closed lower as financials dragged on. US CPI for December rose 0.3%, keeping annual inflation at 2.7%. Geopolitics weighed after Trump canceled meetings with Iranian officials; Jaishankar spoke with Rubio on trade, critical minerals, energy and defence. The World Bank projects India's FY27 growth at 6.5% from 7.2% in the current year. The dollar firmed while gold held near record highs.

SPL Industries' P/E Near Market Level as Earnings Decline Sparks Caution

January 13, 2026, 9:30 PM EST. SPL Industries Limited trades on NSE with a P/E around 22.7x, vs India's med near 24x. The stretch seems modest, but the justification matters for future returns. Last year, SPLIL's earnings per share (EPS) fell 69%, and EPS is down 86% over three years, signaling a weakening trajectory. Some investors may hope a rebound, keeping the P/E from contracting-if earnings disappoint, the share price could follow. Analysts offer no formal forecasts in the note, though a broader market view of ~25% earnings growth next year provides a benchmark. The piece treats the P/E as a sentiment gauge rather than a strict valuation tool, warning continued earnings erosion risks a re-rating. Existing holders face potential disappointment if conditions don't improve.

Is It Too Late To Reassess BuenaventuraA (BVN) After a 175% One-Year Surge?

January 13, 2026, 9:25 PM EST. BuenaventuraA's shares closed at US$34.34, up 175.5% over the past year and supported by metal-market strength. The stock has gained 13.9% in a week, 21.9% over 30 days, and 20.1% year-to-date, with a 3- and 5-year rise of 353.9% and 230.1% respectively. A value check yields a score of 4/6. On a discounted cash flow basis, latest trailing free cash flow is about $115.1 million; a two-stage FCF-to-equity model projects $293 million in 2026 and $416 million in 2027, implying an intrinsic value around US$35.09 per share and a ~2.1% undervaluation at the current price. The analysis notes sector sentiment and P/E context within metals and mining.

Stocks to watch: Infosys, Tata Elxsi, NLC India among 10 shares in focus today; full list inside

January 13, 2026, 9:20 PM EST. Indian equities opened softer as global cues remained mixed. The Sensex closed at 83,627.69, down 250.48 points (0.30%), while the Nifty 50 fell to 25,732.30, off 57.95 points (0.22%). Caution persists amid geopolitical tensions, tariff uncertainty, and firmer crude. U.S. shares ended lower, underscoring risk-off sentiment. In focus today are Infosys, Groww, HDFC AMC, and Waaree Renewable ahead of the December quarter results. Larsen & Toubro reassured investors after a Kuwait oil-tenders report, saying those tenders do not form part of its order book. Tata Elxsi posted a 45% drop in Q3 profit due to a one-off labour-code expense. ICICI Lombard, Just Dial, and 5paise Capital also reported quarterly metrics, with profits mixed to lower. Market players stay wary on tariffs and global headwinds.

Okamoto Glass 7746.T jumps 19% on heavy intraday volume on JPX

January 13, 2026, 9:16 PM EST. Okamoto Glass Co., Ltd. (7746.T) surged 19.0% to JPY 501.00 on the JPX on Jan 14, 2026, as intraday volume reached 388,000 shares. The move marked a fresh year high after a multi-month rally, with the price gap from the prior close at JPY 421.00 and a steep climb versus the 50-day average of 348.70. Volume remained well below the monthly average of about 6.24 million, signaling concentrated interest rather than broad activity. Analysts note momentum but warn of elevated risk from thin liquidity and stretched technicals. The stock sits in the Technology hardware sector; RSI around 74, MACD positive, and price has breached the upper Bollinger band near 421.15, suggesting continued volatility. Investors should consider tight stops and monitor intraday VWAP and potential momentum fades.

LCI Industries (LCII) looks undervalued after 37% rally, DCF signals 20% gap

January 13, 2026, 9:12 PM EST. LCI Industries (LCII) trades around $133, after a 37% year, as investors weigh value against growth. Over the past week the stock rose 5.6%, 30 days 9.6% and the year-to-date 7.4%. A valuation snapshot from Simply Wall St gives a 4/6 score. A two-stage Discounted Cash Flow (DCF) model uses recent Free Cash Flow of about $300.4 million and forecasts through 2027, plus 2035 projections, to derive an intrinsic value of about $168.07 per share. At $133, that implies roughly 20.6% undervalued. The stock also trades at a P/E (price-earnings) ratio of 18.0x, linking price to current earnings. Taken together, the data support continued scrutiny for a potential entry, depending on risk appetite and market sentiment.

Oil India highlighted as stock to buy as Indian markets track Sensex, Nifty; price ₹447.75

January 13, 2026, 9:07 PM EST. Oil India (₹447.75) is the stock highlighted for purchase in today's trade as Indian markets track the Sensex and Nifty ahead of the Q3FY26 results. The day's earnings slate includes both lenders and tech names, with HDFCLIFE, INFY and UNIONBANK in focus. Citi initiates coverage on Angel One and Groww with a Buy rating, setting targets around ₹3,215 for Angel One and ₹195 for Groww, implying Dec-27E multiples of roughly 23x and 33x. Traders will weigh results and margin trends for clues on sector leadership, while energy-linked moves add a backdrop of global cues.

Australian shares tread water as Wall St takes a breather

January 13, 2026, 9:02 PM EST. Australian shares were little changed by midday, with the S&P/ASX200 down 5.6 points (0.06%) to 8,802.9 and the All Ordinaries off 6.3 points (0.07%) at 9,132.2. Five of 11 sectors rose, led by energy as oil climbed to 11-week highs amid Iran tensions. Rio Tinto and BHP gained on iron ore and copper strength; Woodside and Santos rose over 1.7%. Gold miners were mixed as bullion approached recent highs; Lynas jumped after leadership changes in rare earths. The heavyweight financials sector drifted lower, with major banks retreating after JP Morgan's earnings miss weighed on sentiment. The session follows a softer Wall Street session, as investors weigh profits and policy outlook into the Q4 reporting period.

Realty Income priced at $59.23; DCF signals undervaluation but P/E is elevated

January 13, 2026, 8:51 PM EST. Realty Income closed at $59.23, with 7-day gains of 3.2%, 30-day 2.6%, and a 3.4% year-to-date rise; 1-, 3-, 5-year returns run 17.9%, 4.5% and 35.3%. The REIT, a large dividend-paying income holding, trades with a high P/E relative to peers. On Simply Wall St's valuation checks, Realty Income scores 2 of 6, signaling mixed signals. A DCF approach yields an intrinsic value of $96.18 per share, implying about 38.4% upside and suggesting the stock is undervalued on a cash-flow basis. By contrast, the P/E at 56.63x sits well above industry averages of 27.50x and 31.94x, with Simply Wall St's Fair Ratio at 34.90x-a proprietary metric. The piece notes valuation remains nuanced and method-dependent.

TransUnion valuation mixed after modest returns; DCF signals undervaluation

January 13, 2026, 8:46 PM EST. TransUnion trades at $83.96 with a mixed chart: 7 days up 1.5%, year-to-date up 0.8%, and 1-year down 6.1%, while 3-year returns stand at 23.4% and 5-year at -5.8%. The stock sits in the information-services space, where investors watch digital-data and risk-assessment tools. Our screen assigns a 3 of 6 on a valuation lens, reflecting both attractive and fully priced traits. A two-stage DCF model pegs an intrinsic value near $210.45 per share, implying about 60% upside from the current price. Analysts forecast free cash flow to rise toward 2028 and beyond, shaping a P/E that depends on growth and risk expectations rather than a fixed norm. The result: undervalued on this framework, but investors should weigh volatility and sector dynamics.

MAS Financial Services (NSE: MASFIN) 1-year rally outpaces earnings growth; 28% price gain vs 8.5% EPS rise

January 13, 2026, 8:39 PM EST. MAS Financial Services Limited (NSE: MASFIN) has delivered a 28% share-price gain over the past year, outpacing the market's roughly 7.2% return (dividends not included). Over three years the stock is up about 14%, though a 7.6% pullback recently trimmed momentum. In the latest 12 months, EPS (earnings per share) rose 8.5%, a fraction of the share-price advance, implying investors priced in faster growth or stronger sentiment. The outperformance signals higher market confidence relative to earnings growth. The note flags caution, with attention to fundamentals, cash flow and potential insider activity before making allocation decisions.

Weak ROE undercuts IDX momentum as ASX stock climbs

January 13, 2026, 8:37 PM EST. Integral Diagnostics Ltd (ASX: IDX) has climbed about 7.8% in the past month, but questions persist about the sustainability of the rally amid weak fundamentals. The trailing twelve months to June 2025 show a ROE of 0.7%-AU$4.8 million of net profit versus AU$694 million of shareholders' equity. That compares unfavorably with the sector average of 6.3% and sits alongside a 47% five-year drop in net income. A high payout ratio further constrains reinvestment. The industry has also faced earnings declines, shrinking around 16% over recent years. Analysts will watch for whether earnings growth materializes and how investors price the stock's valuation, including the P/E angle, as the narrative shifts from momentum to fundamentals.

Jeena Sikho Lifecare: Rally Linked to Strong Fundamentals, ROE Impresses

January 13, 2026, 8:36 PM EST. Jeena Sikho Lifecare Ltd (NSE:JSLL) rose about 6.3% over the past week as investors weigh fundamentals against price. The stock's trailing twelve-month ROE stands at 45% (₹1.6b profit on ₹3.5b equity as of Sept 2025), well above the industry average of 11%. Management's retained earnings alongside high ROE helped drive five-year net income growth of about 43%, outpacing the industry's 25% pace. Analysts note that higher ROE and profit retention often correlate with stronger earnings growth, though investors still assess valuation against peers and longer-term prospects. The piece underscores that while growth looks robust, future returns depend on execution, reinvestment strategy, and market conditions. Investors will be watching how the company sustains profitability and whether the current pricing reflects this performance.

Interiors & More (NSE:INM) slides 34% as strong ROE points to growth potential

January 13, 2026, 8:35 PM EST. Interiors & More (NSE:INM) has fallen about 34% over the past three months, even as fundamentals look solid. The trailing twelve-month ROE is about 16%, calculated from net profit ₹109 million and shareholders' equity of ₹703 million. Against an industry average ROE of 8.5%, INM's profitability stands out. Five-year net income growth runs about 35%, above the industry's 15% pace. Management actions and a potentially favorable earnings-retention mix may support growth, but the stock's slide signals risk priced by investors. Readers should judge whether the implied earnings trajectory is already reflected in the current valuation. The key questions: can future earnings growth and capital efficiency sustain the upside, or is the market correctly pricing in risk?

Novo Nordisk valuation faces GLP-1 headlines; DCF shows undervaluation

January 13, 2026, 8:34 PM EST. Novo Nordisk has been in the spotlight over GLP-1 treatments and policy talk. In the last week the stock rose 6.0%, 30 days 18.9%, and year-to-date 13.8%. One-year and three-year returns show -25.1% and -11.0%, while the five-year gain stands at 73.6%. The stock carries a valuation score of 5 of 6. A two-stage DCF, using free cash flow to equity in DKK, shows a latest twelve-month FCF of DKK 67.6 billion and projected FCF of DKK 145.5 billion in 2030, yielding an intrinsic value of about US$150.08 per share, a 60.3% discount to the current price and an undervalued call on this view. The P/E is around 16.41x, versus an industry average near 20x.

ServiceNow (NOW) undervalued on DCF, but high P/E signals risk after pullback

January 13, 2026, 8:33 PM EST. ServiceNow (NOW) closed at $138.19, down about 33% over 12 months and 7.1% in the last week. Near-term momentum is negative as investors reassess how much to pay for growth in enterprise software and workflow automation. Simply Wall St assigns a valuation score of 3/6, suggesting the stock is undervalued on roughly half its checks. A two-stage Discounted Cash Flow (DCF) model yields a fair value of about $198.16 per share, implying the shares trade ~30% below fair value. By contrast, the P/E ratio is 82.82x, well above the Software industry average of 33.01x and peers' 51.93x. The divergence highlights how growth expectations drive price even as cash flows point to upside.

Devon Energy sets Feb. 17, 2026 date for Q4 2025 earnings, investor call

January 13, 2026, 8:31 PM EST. Devon Energy Corp. will report fourth-quarter 2025 results on Feb. 17, 2026 after U.S. markets close, with materials posted on its website. A webcasted conference call will follow the next day. The company's market cap is about $22.6 billion and the latest consensus is Hold with a $42.00 target. TipRanks' Spark AI Analyst rates DVN as Outperform, noting solid momentum and favorable sentiment, offset by cash-flow headwinds amid a mixed macro backdrop. Devon runs a cash-return, free cash flow-driven model anchored in the Delaware Basin, prioritizing shareholder returns and sustainable operations. Further details will be available on Devon's site.

DocuSign stock appears undervalued after five-year drop; DCF points to a 35% discount to intrinsic value

January 13, 2026, 8:21 PM EST. DocuSign's stock closed at $64.51, with a mix of small weekly gains and larger, multi-year declines. Over five years the share price sank 74.9%, with about 28% drop last year. Our checks rate the stock 3 out of 6 on valuation, signaling some parts look cheap while others do not. Using a two-stage free cash flow to equity model, trailing free cash flow runs about $990 million; the model pegs 2030 FCF near $1,193 million. Discounted cash flows imply an intrinsic value around $99.63 per share, versus the $64.51 close, equating to roughly a 35.2% discount. In short, the model signals the stock is undervalued on cash flows, though investors should weigh growth and execution risk in the e-signatures/digital-workflow space.

Santander Shares Undervalued Despite 129% One-Year Rally, Valuation Signals Gap

January 13, 2026, 8:20 PM EST. Banco Santander closed at €10.48, after a 129.2% jump over the last year. Shorter-term moves show a 1.7% rise in the past week, with 8.8% over 30 days and 2.3% YTD. The 3-year and 5-year gains stand at 269.8% and 351.6%. A valuation screen assigns Santander 2 of 6 on checks, suggesting the shares are undervalued on two metrics. The Excess Returns model computes a book value of €6.82 and a Stable EPS of €1.06, with a cost of equity of €0.75. With an average ROE of 13.3%, the model yields an excess return of €0.32 per share. Using a Stable Book Value of €7.99, intrinsic value comes to €12.53, about 16.3% above the current price. The discussion touches on P/E as a quick proxy.

Sugar prices rise on index rebalancing inflows; Brazil and India supply outlooks

January 13, 2026, 8:18 PM EST. March NY world sugar #11 rose 0.34% and March London white sugar #5 gained 0.92% as funds reallocate on upcoming index rebalancing. Citigroup projects about $1.2 billion of inflows into sugar futures this week for BCOM and S&P GSCI index rebalances. Brazil's UNICA shows 2025/26 Center-South output up 0.9% y/y to 40.158 MMT, with cane crush at 50.91% for 2025/26. Covrig Analytics lifts its 2025/26 global sugar surplus to 4.7 MMT and sees 2026/27 at 1.4 MMT. Safras & Mercado expects Brazil 2026/27 production down 3.9% to 41.8 MMT, exports down 11% to 30 MMT. ISMA notes India 2025/26 output at 11.90 MMT (+25%), raises 2025/26 to 31 MMT, and trims ethanol use to 3.4 MMT, potentially boosting exports.

Nifty 50, Sensex slip as geo-political risk and US-India trade talks steer markets; gold climbs to new highs

January 13, 2026, 8:17 PM EST. Indian equities closed lower on January 13, 2026, with the Sensex down 250.48 points to 83,627.69 and the Nifty 50 off 57.95 at 25,732.30 after a volatile session lacking clear catalysts. Traders cited geopolitical risk and fading domestic triggers. The US-Iran tension and Trump's remarks reinforced caution, while India-US trade talks seek a bilateral target of $500 billion by 2030, with no formal deal yet. Gold and silver rose to all-time highs on solid safe-haven demand and expectations for lower US rates, with MCX gold at ₹1,42,949 per 10 grams and silver at ₹2,79,528 per kg. Abhinav Tiwari of Bonanza attributed the pullback to renewed global anxiety. Mehta Equities' Prashanth Tapse framed the Nifty's decline as a cautious pause ahead of further trade talks.

GFL Environmental seen undervalued after price weakness, DCF shows 42% discount

January 13, 2026, 8:06 PM EST.GFL Environmental is trading around CA$58.81 per share. In the 7-day window the stock fell 0.4%, 30 days down 3.2%, and 1 year down 6.1%, with 3-year and 5-year gains of 44.2% and 47.7% respectively; year-to-date is roughly flat. A two-stage Free Cash Flow to Equity model is used; latest twelve-month FCF is CA$180.98m. The intrinsic value is CA$101.94, implying the shares trade about 42.3% below this estimate and the stock appears UNDERVALUED. The report also discusses the P/S ratio as a valuation lens and notes how growth expectations and risk shape multiples. Overall, the valuation checks tilt toward value on cash-flow fundamentals, according to the article.

TechnipFMC (FTI.PA) pre-market surge on EURONEXT as buyback, institutional flows drive activity

January 13, 2026, 8:05 PM EST. FTI.PA opened in pre-market at €5.912 on 14 Jan 2026 with unusually high volume: 33,483,267 shares, about 10.5x the norm. The stock traded in a €5.68-€6.09 range, with the 50-day average at €5.70 and the 200-day average at €6.29. Meyka AI flags the move as notable amid the $2.0 billion buyback and shifting institutional flows. Fundamentals show EPS €0.242, PE 24.43, P/B 0.96, and EV/EBITDA 0.61, signaling a value tilt within the energy equipment and services sector. The price sits near the 50-day line but below the 200-day. Risks include project execution and receivables; catalysts include the buyback. Meyka projects a base target of €7.50 and a downside near €5.00.

Brookfield Asset Management priced around CA$72.85; Excess Returns model flags about 28% overvaluation

January 13, 2026, 8:04 PM EST. Brookfield Asset Management trades around CA$72.85, leaving investors to weigh value versus risk. The stock fell 4.3% in the past week and 1.6% in the past month, despite a 3-year return of 89.6%. The firm's current valuation score sits at 1 of 6, with the Excess Returns model implying a CA$56.89 intrinsic value and a 28.1% overvaluation relative to the current price. Analysts' inputs point to a future book value around CA$5.25 to CA$6.27 per share and an EPS near CA$2.16, against a cost of equity of CA$0.48, feeding an Excess Return of CA$1.68 per share and ROE of 34.44%. The stock's trailing P/E of 32.38x sits above many peers, signaling elevated growth expectations or risk. Investors are watching how Brookfield's global alternatives model and fee-based, asset-light strategy affect valuations.

DexCom valuation under review as DCF points to overvaluation at $70

January 13, 2026, 8:03 PM EST. DexCom is trading around $70.25 after a mixed spell of price moves. The stock has fallen 11.3% over 12 months and much more over multi-year windows, while short windows show small gains. The issue sits at 2/6 on valuation checks for undervaluation in this setup. A two-stage Discounted Cash Flow (DCF) model uses a Free Cash Flow to Equity approach. The latest twelve-month FCF is about $1.10 billion, with a 2030 projection of about $1.58 billion. Discounting back yields an intrinsic value of about $53.40 per share, meaning the price is roughly 31.5% above the DCF estimate and the stock appears overvalued by this metric. The analysis also discusses the P/E multiple as a way to relate earnings to price, though the comment trail ends in the source. Investors weigh the diabetes care market against this cash-flow picture.

TTM Technologies' 270% surge contrasts with DCF-based overvaluation

January 13, 2026, 8:02 PM EST. TTM Technologies trades near $93 after a 269.8% one-year surge. Shorter windows show a 7-day gain of 32.3% and a 30-day rise of 26.9%. A valuation check by Simply Wall St assigns TTMI a 0/6 score. The DCF model, using a two-stage Free Cash Flow to Equity framework, pegs the intrinsic value at about $29.94 per share. With the current price around $93, the stock appears roughly 211% above that estimate, signaling overvaluation. The trailing 12 months' free cash flow runs about $91.9 million; projections for 2027 sit near $136.8 million. Projections extend to 2035 in the $100-$200 million range (discounted). Context: TTMI operates as a US-listed hardware maker in printed circuit boards and related components, shaping risk and growth dynamics.

Wednesday's big stock stories: What's likely to move the market in the next session

January 13, 2026, 8:01 PM EST. Investors await the December producer price index at 8:30 a.m. ET, with CNBC's Squawk Box coverage. The S&P 500 dipped on Tuesday. In earnings, Bank of America is due to report live; it's up about 11.6% in three months but roughly 5% below its Jan. 5 52-week high. Citigroup has advanced 21% in three months, but is down about 6% from last week's high. Wells Fargo is up 18.5% over three months and 4.3% below its Jan. 5 high. Shake Shack sits on a nine-day win streak, up about 23% in that span. In health care, Novartis and Amgen rose; Narasimhan says AI can speed studies but won't replace results. MariTide data supported Amgen's gains. Canada's PM Mark Carney meets Xi Jinping; the EWC ETF is up nearly 40% year over year and at a fresh high.

Wix shares drop more than market ahead of earnings; Zacks Rank weighs on outlook

January 13, 2026, 7:54 PM EST. Wix.com (WIX) closed at $90.32, down 1.87% and lagging the S&P 500's 0.19% loss. The Dow fell 0.8% and the Nasdaq slipped 0.1%. Wix has fallen 5.84% in the past month, underperforming the Computers – IT Services group. Ahead of its next earnings disclosure, EPS is projected at $1.36, down 29.53% YoY, with revenue of $528.03 million, up 14.68%. For the year, EPS of $6.93 and revenue of $2.0 billion are seen, up 8.45% and flat. The stock carries a Zacks Rank of #5 (Strong Sell); Forward P/E is 14.07 and the PEG ratio is 0.76, vs. industry norms of 17.84 and 1.53. Recent analyst forecast revisions have come in lower, a factor investors watch ahead of the print.

Markets flat as Q4 earnings season kicks off; Dow slides on JPMorgan

January 13, 2026, 7:53 PM EST. Markets closed mostly flat as Q4 earnings season begins. The Dow fell 398 points, down 0.80%, while the S&P 500 slid about 0.19% and the Nasdaq and Russell 2000 each eased about 0.1%. The session was pressured by a 4% drop in JPMorgan after a mixed Q4 read. Intel rose over 7% after an upgrade; AMD climbed with AI demand intact. Moderna jumped 17% on approval of its Covid-flu hybrid vaccine. On the data front, New Home Sales for October rose to 737k vs 710k estimate. The Budget Deficit for December shrank to -$144.7B. Looking ahead, Citigroup, Bank of America, and Wells Fargo report with projected earnings growth of +23%, +15.8%, and +17%; PPI and Retail Sales data are due tomorrow in a delayed release.

Nikkei 225 set to hit another high as Asia markets ride yen weakness and election prospects

January 13, 2026, 7:52 PM EST. Japan's Nikkei 225 rose to intraday highs, topping 54,000 as traders bet on a potential snap election under Prime Minister Sanae Takaichi. The yen traded around ¥159 per dollar, its weakest since July 2024, as market focus stayed on policy shifts and election timing. The Topix also hit fresh highs. The Takaichi trade remains live in a market awaiting clarity on February vote. Across Asia, sentiment followed Wall Street with mixed moves: South Korea's Kospi near flat, Kosdaq down modestly, and Australia's ASX 200 little changed. Hong Kong Hang Seng futures pointed to a firmer open. Investors will watch for more detail on policy steps and the election timetable in Tokyo.

Persistent Systems posts 5-year TSR of 739% as stock rallies 706%

January 13, 2026, 7:51 PM EST. Persistent Systems Limited (NSE: PERSISTENT) has posted a five-year total shareholder return of 739%, aided by dividend payments and a 706% rise in the share price. The stock gained about 11% in the last three months. Over five years, compound EPS growth ran at 36% annually, below the 52% annual rise in the share price, implying market sentiment is more optimistic than earnings growth alone. The stock trades at a high P/E of around 57, reflecting confidence in the business. Analysts note the TSR framework is driven by both price appreciation and dividends, so the dividends help explain the total return. Whether revenue growth can sustain earnings momentum remains a question for investors weighing long-term winners against multiple-year earnings trajectories.

Ramco Systems shares slump 26% in a month; low P/S contrasts with industry peers (NSE: RAMCOSYS)

January 13, 2026, 7:50 PM EST. Ramco Systems Ltd. (NSE:RAMCOSYS) stock slid 26% in the past month, though it remains up about 30% over the past year. The price-to-sales ratio sits at 2.8x, below many Indian software peers where P/S commonly runs above 3.9x and, in some cases, above 8x. The discount may reflect investors' expectations for slower growth despite recent momentum. Last year's revenue rose about 20%, with a 3-year cumulative gain near 33%. Looking ahead, a single analyst calls for roughly 10% revenue growth next year, versus about 18% industry expansion. That gap helps explain the modest P/S multiple. Investors appear to accept the lower multiple on tempered growth expectations, rather than a standout rebound in earnings.

Jubilant Pharmova's 3-year TSR outpaces EPS growth; dividends lift returns

January 13, 2026, 7:49 PM EST. Jubilant Pharmova's stock has risen about 191% over the last three years, outpacing EPS growth, which rose roughly 43% annually. The two measures align, suggesting sentiment tracked fundamentals. The stock slipped about 3.6% last week as the market cap fell by ₹6.1 billion, though the longer horizon tells a different story. Over the same window, the company's TSR reached 197%, largely driven by dividends. By comparison, the one-year TSR was 8.6%, near the broader market, while five-year TSR sits near 2% per year. Investors should weigh risk and monitor the balance sheet and earnings trajectory when considering the stock.

Suven Life Sciences Cash Burn and Runway in Focus

January 13, 2026, 7:48 PM EST. Suven Life Sciences (NSE: SUVEN) currently holds ₹2.6 billion in cash with no debt, as of September 2025. Its annual cash burn reached ₹2.2 billion, yielding a reported cash runway of about 14 months. While the company has started to generate operating revenue-₹59 million last year-top-line growth remains uncertain. The cash burn rose 46% year over year, suggesting higher investment in the business and a shorter cash runway if spend continues. Analysts' emphasis on revenue growth is limited by the absence of substantial operating revenue. The company could bolster liquidity by debt or equity; however, equity issuance would dilute existing shareholders. Investors should consider how a sustained burn trajectory could affect funding options and overall financial resilience.

Ascom Leasing & Investments shares jump 26% in 30 days; elevated P/E under scrutiny

January 13, 2026, 7:47 PM EST.ASCOM Leasing & Investments shares (NSE: ASCOM) rose about 26% in the last 30 days, with a 17% gain over 12 months. The stock trades on a P/E of 32.1x, higher than many Indian peers-the majority of firms are under 24x and some below 13x. P/E stands for price-to-earnings ratio, a gauge of valuation. The company posted 2.7% growth in EPS last year, and 11% EPS growth over the past three years, though broader-market earnings are forecast to rise about 25% next year. Investors appear to be pricing in further upside that may not be supported by near-term earnings trends. With no analyst estimates available for ASCOM, the elevated multiple raises questions about sustainability of the rally.

Dredging Corporation of India stock up 261% in five years

January 13, 2026, 7:46 PM EST.Dredging Corporation of India (NSE: DREDGECORP) has delivered a 261% total return over five years, with an 83% gain in the last three months. The stock added about ₹4.8 billion to its market capitalization (market cap) in the past week, though it did not post a profit in the last twelve months. Revenue growth stands at 9.3% per year over five years, a pace that aligns with roughly a 29% annualized stock price rise over that period. Shareholders have earned a 45% total return over the last year as momentum remains, and the stock has been active into 2026. The note also flags two warning signs to watch, reminding investors to weigh profitability against growth and market conditions.

Granules India: CEO Krishna Chigurupati, the largest shareholder, sees 3.5% drop in holding value after latest decline

January 13, 2026, 7:45 PM EST. Granules India Ltd, NSE: GRANULES, remains defined by insider ownership. Insiders hold about 40% of the stock, led by CEO Krishna Chigurupati with about 32%. Uma Chigurupati sits on the board and owns roughly 3.8%; LIC India owns 5.3%. Seven top holders control roughly 51% of the register. The market cap stood near ₹143 billion last week, meaning insiders faced the largest potential losses as the stock declined. The company has no hedge fund ownership. Analysts cover the stock, offering a mixed view, while large institutional holders can create a crowded trade if the story stalls. The concentration of insider ownership and board presence remains a key dynamic for prospective earnings and governance signals.

Federal Bank pre-market: Q3 could validate INR 262; stock at INR 249.30 ahead of Jan 16 results

January 13, 2026, 7:44 PM EST. Federal Bank trades at INR 249.30 pre-market on Jan 14 as investors await Jan 16 results. The near-term focus is on NIM, credit costs, and loan growth. Yesterday's volume was 12,045,280 versus a 50-day average of 9,544,564. Key stats: EPS 15.98, P/E 15.60, price range this year 172.66-271.10, P/B 1.73, P/S 1.87. Technicals show RSI 43.05, MACD negative, ADX 42.39; Bollinger mid at 263.24 and ATR 4.93 imply limited near-term volatility. The intraday band sits roughly 246.85-255.00. Meyka AI assigns a 69.45 score (B HOLD) with targets: monthly 256.79, yearly 262.55. Results guidance for Q3 could steer the stock toward the 262 level if margins hold.

Twilio underperforms market ahead of earnings; EPS, revenue seen higher

January 13, 2026, 7:31 PM EST. Twilio (TWLO) closed at $129.83, down 1.65%, underscoring a softer day versus the S&P 500's 0.19% decline. The Dow fell 0.8% and the Nasdaq slipped 0.1%. Over the past month, TWLO has dropped 1.46% as the Computer and Technology group outpaced broader moves. Ahead of the earnings print, the EPS is expected at $1.24, up about 24% year over year, while revenue is seen at $1.32 billion, up roughly 10%. For the full year, the Zacks Consensus calls for earnings of $4.81 per share and revenue of $5.02 billion, implying strong earnings growth with flat revenue. The stock trades at a forward P/E near 24.33 and a PEG of 1.22, versus industry levels of 24.44 and 1.50. Zacks ranks TWLO #4 (Sell).

MRF ownership breakdown: individual investors largest holder at 30%, private companies 28%

January 13, 2026, 7:29 PM EST. MRF Limited's ownership pattern shows individual investors hold the largest stake at 30%, ahead of private companies with 28%. The top 14 holders control 51% of shares, meaning no single party commands a majority. Insiders own about 13%, and the CEO, K. M. Mammen, directly holds 0.9%. The largest single holder is MOWI Pvt Ltd with 12%. Other notable stakes include Comprehensive Investment & Finance Co Pvt Ltd (10%) and SBI Funds Management Limited (4.4%). Institutional ownership exists, but hedge funds are not a meaningful factor. Analysts cover the stock, so investors can examine past earnings trends as part of the outlook.

Paypal (PYPL) edges lower as market slips; earnings and valuation under focus

January 13, 2026, 7:24 PM EST. Paypal closed at $88.14, down 0.12%, in a session where the S&P 500 fell 0.04% while the Dow rose 0.07% and the Nasdaq slipped 0.05%. In the past month, PYPL rose 1.94%, lagging the Computer and Technology sector's 5.93% gain but beating the S&P 500's 1.05%. Ahead of results, the EPS is seen at $1.11, down 25% year over year, with revenue around $8.23 billion, up 2.56%. For the full year, EPS$4.57 and revenue$31.66 billion (-10.39% and +6.35%). The stock trades at a Forward P/E of 19.32 vs 33.27 for the industry; PEG is 1.61 (industry 2.4). It carries a Zacks Rank #3 (Hold) in the Internet – Software group (Industry Rank 28).

U.S. stocks close lower; Dow slides about 0.8% as Intel jumps, crypto stocks rebound

January 13, 2026, 7:22 PM EST. U.S. stocks closed lower on Tuesday. The Dow fell about 400 points, or ~0.8%, while the Nasdaq slipped 0.1%. Intel jumped over 7% to a near two-year high, and AMD rose more than 6%. Crypto-related stocks rebounded. The Financials ETF shed over 1.9%, but the S&P 500 Energy sector rose about 1.5%. Gold briefly topped $4,600/oz, and silver hit $89 as the gold-to-silver ratio fell to 52x, the lowest since 2012. December core CPI (consumer price index) rose 2.6% YoY, keeping Fed (Federal Reserve) expectations intact for a June cut. The dollar strengthened and yields stabilized; USD/JPY vaulted above 159 as Japan's 10-year yield rose about 6 bps. JPMorgan earnings weighed on banks amid mixed guidance.

QXO valuation on momentum: DCF fair value near $47.73 vs $25.16

January 13, 2026, 7:20 PM EST. QXO (ticker QXO) rose on momentum, closing at $25.16. In the last month it gained 17.68%, three months 29.22%, and one-year total shareholder return (TSR) 63.7%, underscoring long-term holders' gains. The stock trades against a $32 target, implying about a 47% discount to the target. It trades at a price-to-sales (P/S) multiple of 3.6x, above the US Trade Distributors sector average of 1.3x and below a fair 5.3x multiple; note that the company is loss-making, so earnings ratios like P/E don't apply. Simply Wall St flags the 3.6x as undervalued versus the fair P/S, but the large loss (about $279 million) could temper upside. A discounted cash flow (DCF) model puts fair value at about $47.73, suggesting meaningful upside if assumptions hold.

Cattle futures rally as cash and feeder bids rise; boxed beef mixed

January 13, 2026, 7:19 PM EST. Live cattle futures rose 87 cents to $2.05 on Tuesday. Cash trade opened around $191 in Kansas, with more regional activity due. Last week's cash settled around $191 in the South and $191-192 in the North, up about $1-$2. No deliveries against December live cattle. Feeder cattle gained $1.43 to $2.25; the CME Feeder Cattle Index (a benchmark for feeder cattle prices) fell 63 cents to $261.62 (Dec 9). The OKC feeder auction is pegged at about 13,234 head. Price action: feeder steers down $3-$9, heifers steady to down $2-$7, calves down $10-$15. Boxed Beef prices mixed: Choice -$2.41 to $311.73; Select +$0.31 to $279.65. Slaughter WTD total 239,000, below last week by 3,000.

Lean hog futures advance as Tuesday data show mixed pork fundamentals

January 13, 2026, 7:18 PM EST.Lean hog futures posted gains of 20 to 50 cents in the front months on Tuesday. USDA's national base hog price was reported at $70 on Tuesday afternoon. The CME Lean Hog Index was down 25 cents on Jan 9 at $80.60. USDA's pork carcass cutout value from the Tuesday PM report was $1.30 lower at $91.80 per cwt. The rib and ham primals were the only reported higher. USDA estimated federally inspected hog slaughter for Tuesday at 474,000 head, with the weekly tally at 991,000. That is 2,000 head shy of last week but 62,597 head above the same week last year.

Cotton closes steady as front-months dip; crude, dollar rise pressure futures

January 13, 2026, 7:17 PM EST.Cotton futures closed steady to mildly lower on Tuesday, with front-months down as much as 3 points. Nearby crude oil rose $1.60 to $61.10 a barrel, while the US dollar index added 0.304 to 98.930. The Seam's Monday online auction posted sales of 60.09 cents per pound on 21,284 bales. The Cotlook A Index slipped to 74.45 cents. ICE-certified cotton stocks fell by 481 bales on Jan. 12, to 11,029 bales. The Adjusted World Price was updated to 50.97 cents per pound on Thursday afternoon, up 21 points versus the prior week.

Corn ends Tuesday lower as front-months slip; EIA data awaited; South Korea and Brazil activity in focus

January 13, 2026, 7:16 PM EST. Corn futures closed Tuesday with front-months down 1 to 3 1/2 cents, keeping pressure after Monday's losses. The CmdtyView national cash price fell 1 3/4 cents to $3.81 1/2. Traders await Wednesday's EIA data, hoping ethanol production remains steady after last week's swelling stocks and fewer refinery inputs. On the global desk, South Korean importers bought 264,000 MT of corn in tenders, with another 140,000 MT tender due Wednesday. ANEC projects Brazil's January corn exports at 3.27 MMT, up 0.42 MMT from the prior estimate. Mar 26 corn closed at $4.19 3/4; Nearby Cash $3.81 1/2; May 26 at $4.27 3/4; Jul 26 at $4.34 1/2.

Wheat closes mixed on Tuesday as spring wheat holds up

January 13, 2026, 7:15 PM EST. Wheat futures closed mixed on Tuesday as MPLS spring wheat outpaced the losses in the winter grades. Chicago SRW futures drifted lower in front months, while KC HRW posted 6 to 7¼-cent declines. MPLS spring wheat rose modestly, up to 2 cents. The 7-day forecast from NOAA shows very little precip in the Southern Plains and only light totals in the SRW region. On the global supply front, IKAR puts Russia's 2025/26 wheat exports at 46.5 MMT, up from 44.1 MMT, while European Commission data show exports at 11.6 MMT from July 1 to January 11, versus 11.8 MMT a year ago. Front-month prices hovered near CBOT around $5.10-$5.21, with KCBT and MIAX quotes in the mid-$5s.

Soybeans slip after Tuesday losses as meal declines; export sales weigh

January 13, 2026, 7:14 PM EST.Soybeans ended Tuesday lower, with front-month futures down about 9 to 10.25 cents. The cmdtyView cash price fell to $9.66 1/4 per bushel. Soymeal futures weakened, down roughly $4.50 to $8.20, while soy oil rose 80 to 96 points. Friday night deliveries included 26 against soybeans and 30 for January bean oil. The USDA reported a private export sale of 168,000 MT to China, with 152,404 MT sold to Mexico. Traders await NOPA December crush data, seen near 224.8 million bushels. Sinograin sold 1.1 MMT of soybeans from state reserves in its auction. Brazil January exports are pegged at 3.73 MMT by ANEC, up 1.33 MMT from the prior estimate.

Stock futures steady as banks set to report; tariff ruling awaited

January 13, 2026, 7:13 PM EST. US stock futures were largely flat Tuesday evening after a Dow and S&P 500 pullback from record highs. Dow futures fell about 0.1%, while S&P 500 and Nasdaq 100 futures hovered near flat. Bank earnings dominate the week, with Bank of America, Wells Fargo, and Citigroup due to report before the open on Wednesday. Traders will also parse December's producer price index data. JPMorgan Chase previously kicked off earnings season with a softer release, sparking a sell-off in its shares. Investors monitor the Supreme Court's upcoming tariff ruling; a decision is expected Wednesday. Political and policy headlines remain in play as Trump ramps up pressure on the Fed and its chair Jerome Powell, while the DOJ investigates. Visa and Mastercard slid as markets priced in a possible cap on credit card rates.

ASX Set to Fall as Oil Surges; BlueScope to Pay AU$1 Special Dividend

January 13, 2026, 7:05 PM EST. Australian shares are expected to fall on Wednesday as oil prices surged on Iranian tensions and supply doubts from Venezuela, raising worries about energy costs and volatility. Overnight, major U.S. benchmarks slipped: S&P 500, Nasdaq Composite, and Dow Jones Industrial Average down 0.2%, 0.1%, and 0.8% respectively. In macro news, building approvals and job vacancies data are due at 11:30 am Sydney time. In corporate news, BlueScope Steel (ASX: BSL) will pay an unfranked AU$1 per share special dividend on Feb. 24 to shareholders on record as of Jan. 21. Mayne Pharma Group (ASX: MYX) said Chair Frank Condella will retire, with Bruce Robinson named non-executive chair. Australia's benchmark index rose 0.6% to close at 8,808.50 on Tuesday.

Netflix climbs after HSBC upgrade ahead of earnings; merger chatter persists

January 13, 2026, 7:04 PM EST. Netflix rose 1.02% to $90.32 on Tuesday after HSBC Global Research upgraded the stock to strong buy ahead of earnings. Volume ran near the three-month average, with investors parsing on-screen content spend and any update on a potential merger. The stock has fallen about 27.5% over six months. The broader market was muted, with the S&P 500 slipping and the Nasdaq little changed. Disney and Amazon traded mixed as investors compare streaming strategies and content investments. HSBC cited catalysts tied to a possible Warner Bros. Discovery deal, and Netflix's bid posture remains a focal point as chatter about a full-cash offer persists. Analysts cautioned that earnings guidance will be decisive, even as the HSBC upgrade provides a short-term lift.

SoftBank shares traded above fundamentals as tech-investment headlines persist

January 13, 2026, 7:03 PM EST. SoftBank Group's shares closed at ¥4,447, trading with 1-year, 3-year, and 5-year gains of 98.3%, 203.7%, and 109.4%, respectively, but the stock has slipped recently. Headlines emphasize its role as a major technology investor and the resulting impact on value and risk. Our checks rate SoftBank a valuation score of 3/6. The Dividend Discount Model estimates an intrinsic value of ¥342.01 per share, well below the market price, suggesting the stock is overvalued by roughly 1,200%. The discussion also covers the P/E context and how growth expectations and risk drive multiples. Investors should weigh short-term tech sentiment and capital flows against longer-term fundamentals.

UWM Holdings valuation flags overvaluation after price surge

January 13, 2026, 7:02 PM EST. UWM Holdings trades around $5.37 as the latest price rally runs. 7-day gain 19.1% and YTD 21.8%, with 30-day return about -0.2% and 1-year near 0%. Our valuation model scores it 0/6. The Excess Returns framework sets intrinsic value at about $1.90 per share, versus the market price, implying about 183% overvaluation. Key inputs: book value $0.76, EPS $0.12, ROE 10.15%, cost of equity $0.09, excess return $0.03. Analysts' fair book value around $1.19; P/E currently 85.36x. Takeaway: the price appears stretched; the model flags significant overvaluation.

Barrick Mining (ABX) appears undervalued on DCF despite 1-year surge

January 13, 2026, 7:01 PM EST. Barrick Mining (ABX) trades near CA$69.00 after a 215% one-year surge. A DCF model assigns an intrinsic value of CA$187.19 per share, implying the stock is about 63.1% undervalued. Trailing twelve-month free cash flow is about $2.57 billion; a two-stage FCF to equity forecast through 2030 drives the valuation. The model relies on a full decade of cash flows, highlighting the sensitivity to commodity prices. In context, sentiment in commodity-linked names and shifting capital flows can pull prices away from traditional multiples. The takeaway: current price reflects much of the rally, but upside exists if cash generation meets the forecast; risks remain tied to metal prices and project execution.

Avino Silver & Gold Mines Valuation After Momentum

January 13, 2026, 7:00 PM EST.Avino Silver & Gold Mines (TSX: ASM) has drawn attention after momentum. The stock closed at CA$9.02, up about 11.2% YTD and roughly 10.7% over the past month. Revenue is CA$86.07 million and net income CA$21.28 million. Analysts' consensus price target sits around CA$5.23, with a high of CA$6.20 and a low of CA$4.25. Simply Wall St's narrative fair value is CA$5.30, implying the shares are overvalued. By contrast, its DCF model puts intrinsic value at CA$24.03, meaning the stock trades about 62.5% below that estimate. The divergence highlights uncertainty on earnings growth, margins and the multiple reset. Risks include stronger La Preciosa performance and cost efficiencies that could sway the narrative.

Step One Clothing: Weak stock price vs. strong ROE sparks question of a rebound

January 13, 2026, 6:59 PM EST. Step One Clothing's stock has fallen about 30% in three months, but a closer read shows a robust ROE (return on equity, profit per dollar of shareholders' equity). The trailing twelve months to June 2025 put ROE at 24% on AU$52 million of shareholders' equity, with net profit of AU$13 million. The ROE exceeds the industry average of 14% and accompanies five-year net income growth of 52%, ahead of the industry's 1.3% pace. Analysts question whether this earnings resilience is already reflected in the price. A higher ROE paired with profit retention could support upside, but the path depends on sustained earnings growth and how the market values the stock. Investors will need to decide whether any rebound hinges on fundamentals or on market valuation re-rating.

ING Groep Undervalued After 1-Year Surge, Says Excess Returns Model

January 13, 2026, 6:49 PM EST. ING Groep trades at €24.98 after a 70.9% 1-year rally, with a 2/6 score on valuation checks. The stock has drawn fresh attention amid European bank coverage and investor interest. The Excess Returns framework pegs intrinsic value at €50.71, versus a current price of €24.98, implying a 50.7% discount. The model starts from a Book Value of €16.84 per share and a Stable EPS of €2.59, with an implied Return on Equity of 14.04% and a Cost of Equity of €1.16, yielding an excess return of €1.44 per share. An alternate input puts a Stable Book Value of €18.48 per share, reinforcing the intrinsic value estimate. The stock trades at a P/E ratio of 14.46x, above the banks industry average of 11.05x and peers at 12.70x.

American Airlines falls as Delta outlook, credit-card cap concerns weigh on stock

January 13, 2026, 6:47 PM EST. American Airlines Group closed at $15.35, down 4.06%, on about 82 million shares traded, above its 3-month average. The move followed a Delta Air Lines outlook seen as mixed and fresh concern that a potential credit-card rate cap could pressure loyalty-program economics. Delta Air Lines and United Airlines slid 2.38% and 0.76%, respectively, while the broader market retreated: the S&P 500 fell 0.20% to 6,963 and the Nasdaq Composite slipped 0.10% to 23,710. Analysts noted Delta's emphasis on its co-branded AmEx card appealing to a more affluent customer base, which could help weather the rate cap. A December CPI reading, the consumer price index, showed airfares down 3%, adding to sector pressure.

Qoria ASX:QOR may be undervalued as intrinsic value exceeds price

January 13, 2026, 6:46 PM EST. Qoria Limited (ASX:QOR) has traded between AU$0.53 and AU$0.90 this year. The stock sits around AU$0.56, below a valuation model's suggested AU$0.86 intrinsic value. Analysts see upside, though the shares are volatile-a high beta (a measure of price volatility). The company is forecast to grow earnings by about 76% over the next few years, supporting a higher price if cash flow strengthens. Investors should note the risks tied to capital structure and management track record as they weigh a potential entry. If catalysts emerge-earnings upgrades, deleveraging, or strategic partnerships-it could push the price toward the intrinsic value.

Endeavour Mining valuation flags mix as price sits near intrinsic value

January 13, 2026, 6:45 PM EST. Endeavour Mining (TSX:EDV) sits at CA$76.17 after a recent rally, with an implied fair value near CA$77. The setup hinges on earnings power more than a price gap. A DCF shows a material discount to intrinsic value, even as the stock trades around 26.9x P/E, above the Canadian metals sector (23.7x) and well below some peers (67.4x). Analysts' targets span CA$37.5 to CA$63.0, with a consensus near CA$53.683. Revenue growth, margin uplift and a higher future P/E multiple drive the bull case. Risks include concentrated West Africa exposure and working-capital pressure from VAT receivables. The verdict: potentially undervalued, but a valuation trap can't be ruled out.

Bega Cheese climbs 5.5% this week, three-year gains reach 64%

January 13, 2026, 6:44 PM EST. Shares of Bega Cheese (ASX:BGA) rose 5.5% this week, lifting the three-year gain to about 64% on a total-return basis. The stock has gained roughly 55% over three years, outpacing price gains alone as dividends boost the measure. Over the past 12 months, TSR stands around 12%, and the five-year TSR runs about 5% per year. The company posted three-year EPS growth of about 28% annually, though recent results were affected by extraordinary items. The EPS pace outpaced the roughly 16% annual rise in share price, suggesting cautious sentiment even as earnings expansion continues.

Whitecap Resources offers a 6.5% yield with monthly dividends on the TSX

January 13, 2026, 6:34 PM EST. Whitecap Resources Inc. on the TSX trades with a 6.5% dividend yield and monthly payouts, a feature proponents say enhances steady income in a volatile year. The company reported Q3 net income above $200 million and lifted its forward guidance, reinforcing the view that its dividend remains well covered amid stronger cash flow. Analysts note rising energy prices and limited upside for share appreciation in the sector since mid-2022, a dynamic that has helped income-focused investors reinvest through the stock. With production growth upside and potential for further earnings momentum, Whitecap could be among the better performers in Canadian dividend stocks in 2026. Investors should weigh the stock's cyclicality and energy exposure.

Nvidia Gains on H200 Export Approvals; Markets Mixed

January 13, 2026, 6:31 PM EST.Nvidia shares edged higher, up about 0.4% to around $185.60 after authorities signaled limited export permissions for its H200 AI chips. The U.S. and China gave conditional approvals, though shipments must pass third-party testing and will target select buyers. Volume ran about 4.2 million, well below the three-month average of roughly 184 million. Broader markets were mixed: the S&P 500 slipped 0.19% to 6,963.74, and the Nasdaq Composite eased 0.10% to 23,709.87. Rival chipmakers rose: AMD up about 6.4% to $220.97, Intel up about 7.3% to $47.29. Nvidia also faces questions about AI demand durability, even as CES debuted its Vera Rubin data-center architecture, highlighting ongoing innovation.

Stock futures flat as traders await bank earnings, inflation data

January 13, 2026, 6:30 PM EST. U.S. stock futures were little changed Tuesday night after the S&P 500 pulled back from earlier highs. Dow futures shed about 40 points; S&P 500 and Nasdaq 100 futures were marginally lower. Wednesday brings results from Bank of America, Wells Fargo, and Citigroup before the open, and December's Producer Price Index (PPI) data. In the prior session, major indices closed lower-S&P 500 down about 0.2%, the Dow roughly 400 points, the Nasdaq Composite near flat. Financials led declines as JPMorgan slid after weak Q4 fees; Goldman Sachs and BofA fell in sympathy. Oil rose over 2% on headlines, lifting energy shares. Traders weigh President Trump's policy moves against concerns about Fed independence.

AI-generated signals for PIC.A:CA: buy near 6.13; long-term strength

January 13, 2026, 6:29 PM EST. AI-generated signals for Premium Income Corporation Class A Shares (PIC.A:CA) were published January 13, 2026, by Christie, Contributor, with Editor Derek Curry. The long-term plan calls for buy near 6.13 and a stop at 6.10; no short positions are offered. The update includes an AI-generated signal and a chart for PIC.A:CA. Ratings by term show Near: Weak, Mid: Weak, Long: Strong, underscoring a disconnect between near-term caution and longer-term strength. Investors are advised to verify the timestamp and review the AI signals before trading. Ticker: PIC.A:CA; Source: Premium Income Corporation.

Stocks Fall on Weakness in Software and Credit-Card Names; Inflation, Oil, and Fed Watch

January 13, 2026, 6:27 PM EST. Stocks slide on weakness in software and credit-card names as AI tools weigh on sentiment. The S&P 500 fell 0.19%, the Dow dropped 0.80%, and the Nasdaq 100 declined 0.18%. March mini futures for the S&P 500 and the Nasdaq 100 traded about 0.2% lower. Anthropic's preview of a broader-use AI tool helped pull software names lower, while President Trump's remark about credit-card rate caps spilled into lenders' shares. December CPI rose 2.7% year over year, unchanged from November, with core CPI at 2.6% y/y. Oil rose more than 2%, supporting energy names amid geopolitical risk over Iran and related tanker disruptions. Investors eye Fed independence headlines and a flood of data, including PPI, retail sales and existing-home sales; a Supreme Court ruling on tariffs could loom.

AMD jumps on analyst upgrade as AI data-center demand fuels rally

January 13, 2026, 6:21 PM EST. Advanced Micro Devices rose after a bullish upgrade from KeyBanc, which argued AI-driven data-center demand will keep server CPUs tight and accelerate GPU growth. AMD closed at $220.97, up 6.39%, with volume around 57 million shares, above the 3-month average. The stock's surge came as broader indices drifted lower: the S&P 500 fell 0.2%, the Nasdaq declined 0.1%. Nvidia edged higher; Intel jumped more than 7%. KeyBanc lifted its price target to $270, signaling roughly 22% upside from current levels, citing near-term supply tightness for AMD's server CPUs and a 50%+ growth path for the GPU business. Bank of America also previewed a beat-and-raise for the Jan. 22 report amid booming data-center demand. AMD trades about 34x forward earnings, supported by AI megatrends and market leadership.

KeyBanc upgrades Intel, AMD on AI server demand; Intel target $60, AMD $270

January 13, 2026, 6:19 PM EST. KeyBanc upgraded Intel and AMD to overweight, citing robust hyperscaler (large cloud providers) demand for AI servers. The firm lifted Intel's target to $60, signaling about 36% upside from Monday's close; Intel has surged 129% in the past year. Analyst John Vinh says Intel is largely sold out of server CPUs in 2026 and could lift its average selling price 10%-15%. He notes progress in Intel's 18A foundry process, with yields above 60%, and Apple as a customer on 18A for low-end Macs and iPads, with talks to use 14A for iPhones. Other hyperscalers like Amazon, Alphabet and Meta reportedly eye Intel's advanced packaging. KeyBanc also lifts AMD to $270, about 30% upside; AMD stock is up ~77% year over year and aims to profit from AI GPUs, notably MI355 and MI455, with MI455 ramping in H2.

Colder US Weather Boosts Nat-Gas Prices on Heating Demand

January 13, 2026, 6:18 PM EST. February Nymex natural gas settled higher, up 0.202 to +5.86%, as forecasts call for colder US temperatures that boost heating demand. Maxar Technologies said Jan 18-22 will run colder in the Midwest, supporting price gains. The EIA weekly inventory report showed a -40 bcf draw, smaller than the -42 bcf expected and well below the 5-year average. Lower-48 production was 100.7 bcf/d, down 6.7% y/y, while demand rose 18.6% y/y to 124.2 bcf/d, per BNEF. LNG flows to US terminals were 13.9 bcf/d, down 3.2% w/w. A drop in electricity output weighed on nat-gas demand from utilities; EEI said total US output for the week to Jan 4 fell 2.73% y/y. European storage was 70% full, below the 5-year average of 76%. Baker Hughes data showed 103 active US nat-gas rigs.

Geopolitical tensions lift crude prices as Iran risk, CPC disruptions loom

January 13, 2026, 6:17 PM EST. Feb WTI crude (CLG26) closed up 2.77% to a 2.25-month high; Feb RBOB gasoline (RBG26) rose 1.82% to a five-week high. Prices climbed as President Trump escalated rhetoric on Iran, raising risk of supply disruption from OPEC+ (Organisation of the Petroleum Exporting Countries plus allies). Drone attacks at the Caspian Pipeline Consortium terminal cut Kazakh crude loadings by about half to 900,000 bpd. Citi projects $2.2 billion of inflows into BCOM and S&P GSCI indexes this week. Vortexa data show tanker storage down 0.3% to 120.9 million barrels. China's December crude imports rose 10% m/m to 12.2 mbpd (million barrels per day), aiding demand. OPEC+ said Q1 2026 production increases would pause; IEA forecasts a 4.0 mbpd global surplus in 2026.

Dollar gains on yen weakness as Fed policy outlook stays hawkish; euro slips

January 13, 2026, 6:16 PM EST. The dollar index rose about 0.26% as the yen hit a 1.5-year low, lifting the greenback. US December CPI and core CPI were unchanged from November, tempering near-term Fed bets. Earlier, October US new home sales fell 0.1% to 737,000, signaling housing softness amid a solid growth backdrop. St. Louis Fed President Alberto Musalem said the economy is robust and likely to run above potential, arguing against further accommodation. Markets price roughly a 3% chance of a -25 bp Fed cut at the January meeting. The dollar faces headwinds from ongoing Fed liquidity actions and talk of a dovish next chair, while the ECB is expected to hold and odds of a +25 bp ECB hike on Feb 5 sit near 1%.

Scott Releases Bipartisan Market Structure Bill Text on Digital Assets

January 13, 2026, 6:15 PM EST. Senate Banking Committee Chairman Tim Scott released a bipartisan manager's amendment to a market structure bill after months of negotiations with Democrats. The document seeks to modernize rules around digital assets, with a priority on protecting Main Street investors, rooting out fraud, and keeping U.S. finance jobs home. The effort follows Republicans' June 2025 principles, a July 2025 RFI (Request for Information) from dozens of industry stakeholders, and a September 2025 second draft, all feeding a forthcoming markup (committee vote to advance legislation). Scott said the measure aims to crack down on criminals and foreign adversaries and to position the United States as the crypto capital of the world. Read the full bill text here.

Intel stock climbs on KeyBanc upgrade citing AI data-center demand and 18A manufacturing progress

January 13, 2026, 6:14 PM EST. Intel shares rose more than 7% after KeyBanc upgraded the stock to Overweight, citing AI data-center demand and significant progress in the company's manufacturing push. Analyst John Vinh said Big Tech's need for chips and servers to power AI could lift CPU sales, with checks showing Intel is almost sold out for the year in data-center server CPUs and may raise prices. He highlighted progress in Intel Foundry Services (IFS). The turnaround comes after 18A tests by Nvidia and Broadcom didn't translate into deals, but a new CEO, government backing, and Nvidia support have boosted confidence. Asia checks hint Intel has signed Apple for 18A-P to make low-end Mac/iPad chips, with potential 14A use for iPhones by 2029. 18A yields improve, potentially elevating Intel to the #2 foundry behind TSMC and ahead of Samsung.

Shake Shack posts 2025 results, outlines 2026 outlook; unit growth and margins rise

January 13, 2026, 5:55 PM EST. Shake Shack Inc. (SHAK) reported preliminary unaudited results for Q4 and full year 2025 and issued 2026 guidance. For 2025, revenue totaled about $1.45 billion for the year and $400.5 million in Q4, with same-store sales (SSS) up 2.1% in Q4 and 2.3% for the year versus 2024. The company opened 45 company-operated and 40 licensed Shacks, despite weather softness and beef inflation. Management sees restaurant-level margins around 22.5%-22.7% of sales in 2025. For 2026, revenue is guided to $1.6-$1.7 billion with modest SSS growth, higher margins, and plans for 55-60 company-operated and 40-45 licensed Shacks, targeting more than 1,500 company-operated locations. The latest analyst view is Buy with a $146 target; Spark AI Analyst rates SHAK Neutral, citing solid fundamentals but bearish technicals and high valuations.

Cocoa futures slide on weak demand as West Africa harvest outlook improves

January 13, 2026, 5:47 PM EST. March ICE NY cocoa futures (CCH26) fell 3.60% and March ICE London cocoa (CAH26) dropped 2.46%, trading at a 1.5-month low on weak global demand. Q4 cocoa grinding data due this week should confirm subdued activity. In West Africa, favorable growing conditions point to a larger Ivory Coast and Ghana harvest, with farmers reporting healthier pods. Mondelez said the West Africa pod count is about 7% above the five-year average. Ivory Coast's main crop has begun; Oct-Jan shipments were 1.13 MMT, down 2.6% YoY. Inventories have rebounded from December lows but remain tight; the EU deforestation regulation (EUDR) adds near-term relief and could attract index-related buying via the Bloomberg Commodity Index.

Brazil sugar output rises, weighing on prices as India expands production

January 13, 2026, 5:46 PM EST. Prices were mixed as data from producers moved markets. March NY world sugar #11 (SBH26) fell 0.02, while March London ICE white sugar #5 (SWH26) rose 2.00. Brazil's 2025-26 Center-South output through mid-December rose 0.9% y/y to 40.158 MMT, and the cane-crushed-for-sugar ratio climbed to 50.91% from 48.19%. Covrig Analytics lifted its 2025/26 global surplus to 4.7 MMT; 2026/27 surplus is seen at 1.4 MMT. Citi expects about $1.2B of inflows into sugar futures via index rebalancing. Safras & Mercado pegs Brazil 2026/27 output at 41.8 MMT with exports at 30 MMT (-11% y/y). In India, ISMA raised 2025/26 production to 11.90 MMT (31 MMT forecast) and cut ethanol-use to 3.4 MMT, signaling export potential; there is a 1.5 MMT export quota in 2025/26. Conab lifted Brazil 2025/26 to 45 MMT.

Grifols crosses below 200-day moving average as GRFS slides

January 13, 2026, 5:42 PM EST. Grifols SA, Barcelona (GRFS) shares dipped to $8.79 intraday on Tuesday, crossing below their 200-day moving average of $8.96, and were about 3.3% lower on the session. The 200-day moving average tracks the stock's average closing price over the prior 200 trading days and is watched as a trend signal. The equity's 52-week range runs from $6.19 to $11.14, and the last trade was $8.84. A chart juxtaposes GRFS's year-long performance with the 200-day moving average. Click here to find out which 9 other stocks recently crossed below their 200-day moving average.

Wee Hur Holdings climbs 25% in a month; high P/S raises growth questions

January 13, 2026, 5:40 PM EST. Wee Hur Holdings Ltd (SGX:E3B) surged 25% in the last month and has risen 96% over the past year. Despite the rally, the stock trades at a price-to-sales (P/S) ratio of 3.3x, well above the Singapore construction peers where roughly half trade below 0.8x. Management has posted slower revenue growth of 5.5% last year, with 20% revenue growth across the previous three years. The street expects about 21% revenue growth next year, while the industry is seen expanding about 39%. The high P/S indicates investor sentiment and future expectations are supporting the price, rather than clear earnings-based value. Analysts are less confident about a turnaround, suggesting investors could face disappointment if the multiple reverts toward industry levels. In sum, recent gains look expensive relative to forecasted revenue growth.

Nanobiotix reports 2025 voting rights and share capital

January 13, 2026, 5:27 PM EST. Nanobiotix S.A. published its year-end voting rights and share capital data for 2025. As of December 31, 2025, it had 48,410,068 shares outstanding and total voting rights of 50,109,170, with theoretical voting rights at 50,087,052. The disclosure complies with Article L.233-8 II of the French Commercial Code and AMF Regulation, clarifying how voting rights are calculated, including suspended rights. Nanobiotix is listed on Euronext Paris and Nasdaq, underscoring market transparency.

Australia shares poised to open lower, NZ down

January 13, 2026, 5:26 PM EST. Australian shares look set to open lower as futures point to a weaker start; New Zealand equities are also lower. Traders cited cautious sentiment ahead of regional data and earnings. A softer risk tone in global markets and modest commodity moves weigh on sentiment. Investors are watching inflation trends, central-bank guidance, and rate expectations for clues on the path forward. Without clear catalysts, early moves may be choppy as investors reposition ahead of potential policy and earnings surprises. The session could swing on a handful of domestic reports and overseas headlines, with liquidity thinner in parts of the region. Price action will shape the opening tone in Sydney and Wellington.

Urban Outfitters' P/E ratio trails peers; valuation questions amid session move

January 13, 2026, 5:25 PM EST. Urban Outfitters Inc. (NASDAQ: URBN) shares are at $73.16, up 2.29% in the session. Over the last month, the stock fell 10.49%; over the past year it rose 33.94%. The P/E ratio (price-to-earnings) compares a stock's price to its earnings per share and is used to gauge how investors price future growth. Urban Outfitters' P/E sits below the Specialty Retail industry average of 22.78, suggesting the stock may be undervalued relative to peers, though that outcome is not certain. A lower P/E can reflect slower growth or weaker momentum, and it should not be used in isolation. Investors should weigh the trend, cycles, and other metrics when judging valuation. Market data supplied by Benzinga APIs.

Horace Mann Educators (HMN) slips into oversold territory as RSI hits 29.9

January 13, 2026, 5:15 PM EST. Horace Mann Educators Corp. (HMN) slipped into oversold territory Tuesday after its RSI dropped to 29.9. The Relative Strength Index measures momentum on a 0-100 scale; readings below 30 typically flag oversold conditions, suggesting investors may be weighing a near-term rebound. HMN traded as low as $42.87 and last changed hands at $43.05, within its 52-week range of $37.19 to $48.325. The broader market gauge SPY showed an RSI around 59.5, signaling neutral-to-bullish momentum. The move echoes Warren Buffett's contrarian view to be fearful when others are greedy and greedy when others are fearful, though the chart notes show a single-session signal rather than a trend. Investors may look for a price entry if selling exhausts itself, but risk remains with the stock's fundamentals and macro backdrop.

1ST.AX jumps 22% in ASX pre-market on heavy volume; momentum builds

January 13, 2026, 5:14 PM EST. 1ST.AX jumped 22.22% in ASX pre-market trading on 14 Jan 2026 to A$0.011 from A$0.009. Volume reached 2,075,140 shares, about three times the average of 678,621, signaling strong liquidity and momentum in the healthcare information services microcap. No single press release cited; move tied to sector headlines and rising retail interest in small-cap health names. Meyka AI rates 1ST.AX as Grade B (HOLD) with a 1-year target of A$0.00718, implying about -34.75% downside versus the current price. Fundamentals show EPS -0.01 and P/E -1.10; market cap around A$15.6 million. Technically, the price sits above the 50-day average (A$0.00917) and 200-day average (A$0.00796). Risks include negative earnings and thin cash flow; catalysts include stronger monthly bookings on MyHealth1st, or an earnings update showing margin improvement.

Japan Reliance Service stock up 70% in 3 months; ROE trails industry, prompting a closer look at prospects

January 13, 2026, 5:13 PM EST. Japan Reliance Service Corp. (TSE:4664) has gained about 70% over the last three months as investors weigh its earnings outlook. The company posted a trailing twelve-month ROE of 3.3% as of September 2025, calculated from net profit of JP¥73 million and shareholders' equity of JP¥2.2 billion. That compares with the industry ROE average of 8.7%. The firm also showed five-year net income growth of 6.0%, below the industry's roughly 11% pace, suggesting the stock's rally may reflect factors beyond core profitability. Analysts note that higher ROE and profit retention typically support faster growth, but other drivers-such as strategy or payout policy-could be influencing earnings. Investors will want more clarity on sustained earnings momentum and capital allocation.

Intel jumps after KeyBanc upgrade as AI server CPU demand lifts stock

January 13, 2026, 5:09 PM EST. Intel shares rose about 7% on Tuesday after KeyBanc upgraded the stock to Overweight with a $60 target, noting strong demand for AI server CPUs. The stock closed near $47.29, up 7.3% on the session. Traders cited a reportedly sold-out AI data-center CPU market for 2026. The upgrade came as the broader market posted mixed moves: the S&P 500 slipped 0.19% to 6,964 and the Nasdaq edged down 0.10% to 23,710. Within semis, AMD rose about 6.4% and Nvidia added roughly 0.5%, tracking AI data-center chip demand. Investors will get more detail when Intel reports Q4 2025 results after the close on January 20, with focus on AI momentum, cash burn and the foundry business.

Albemarle to release Q4 2025 earnings after market close on Feb. 11, 2026; call Feb. 12

January 13, 2026, 5:06 PM EST. Albemarle Corporation (NYSE: ALB) will release its fourth quarter 2025 earnings after the NYSE closes on Wednesday, February 11, 2026. The company will hold a conference call to discuss results on Thursday, February 12, at 8 a.m. EST. Access to the call is available via webcast or direct dial. Dial-in numbers: U.S. & Canada toll-free 1 (800) 590-8290; International 1 (240) 690-8800; Conference ID: ALBQ4. Webcast link: Albemarle investor site. Replay information: a webcast replay will be available after the event through the News and Events page on Albemarle.com. About Albemarle: a global leader in supplying lithium and bromine for mobility, energy, connectivity and health.

Plug Power Valuation Under Scrutiny as Shares Hover Near $2.28

January 13, 2026, 5:05 PM EST. Plug Power (PLUG) traded near $2.28 after a 4.1% one-day gain, but remains down about 40.8% over 90 days and 14.3% over one year. The analysis frames the risk-reward around long-run cash flows and a 66% intrinsic discount to a fair value of roughly $2.79 per share. A P/S ratio of 4.6x contrasts with an industry average near 2.1x and a model-predicted fair ratio of 0.2x, underscoring valuation risk if sentiment cools. The bear case hinges on Plug Power turning revenue growth and tax support into steady earnings while avoiding project delays and hydrogen incentives pullbacks. The story notes a cautious line: current price implies the market may already price in some growth; risk lies in execution and policy support.

Coffee futures rise on Brazil drought fears as supply signals weigh on prices

January 13, 2026, 5:04 PM EST. Prices finished higher on Tuesday as Brazil dryness threatens arabica yields. March arabica up 1.18%; March robusta up 0.92%. Minas Gerais saw 26.5 mm rain in the week to Jan 9, 29% of normal. ICE inventories for arabica slipped to 398,645 bags on Nov 20 but rebounded to 461,829 last week; robusta to 4,278 lots by Dec 23-24 from 4,012 on Dec 10. Vietnam 2025 exports rose 17.5% to 1.58 MMT. Conab raised Brazil 2025 production to 56.54 million bags, +2.4%. ICO global exports Oct-Sep fell 0.3% y/y to 138.658 million. FAS projects 2025/26 world production +2.0% to 178.848 million; arabica -4.7%, robusta +10.9%; ending stocks -5.4% to 20.148 million.

Cocoa slips to 7-week low on weak demand; harvest optimism weighs

January 13, 2026, 5:02 PM EST. March ICE NY cocoa closed down 4.02% and March ICE London cocoa fell 2.82% on Tuesday, pushing prices to 7-week lows amid weak demand. Q4 grind data due this week are expected to show stagnant demand. West Africa weather supports optimism: Ivory Coast and Ghana crops look larger and healthier, with Mondelez saying pod counts stay well above the five-year average. Ivory Coast shipped 1.13 million mt for Oct 1-Jan 11, down 2.6% y/y. Supply signals remain mixed: shrinking inventories support price upside, but ICCO cut its 2024/25 surplus and Rabobank lowered its 2025/26 surplus. The potential addition of cocoa to the Bloomberg Commodity Index could attract index-related buying, while the EU deforestation law delay leaves supplies ample for now.

INFY crosses below 200-day moving average; shares slide

January 13, 2026, 5:01 PM EST. Infosys Ltd. (INFY) traded near $21.72 intraday after crossing below its 200-day moving average of $22.00. The stock was about 2.5% lower on the session. The chart tracks the INFY one-year performance versus the moving average. The 52-week range spans $16.875 to $26.39, with the last trade around $21.82.

EXEO Group stock momentum prompts ROE review and earnings-growth questions

January 13, 2026, 5:00 PM EST. EXEO Group's stock has jumped about 27% in three months, prompting a closer look at its financials. The piece focuses on ROE (return on equity), which stood at about 9.3% in the trailing twelve months to September 2025 – calculated from JP¥31 billion profit and JP¥328 billion equity. The ROE is near the industry average of 9.2%, yet earnings growth over five years has been flat. Analysts point to factors such as limited earnings retention or capital-allocation choices that may cap growth. Net income growth trails the industry's 7.7% pace. The report notes a high three-year median payout ratio around 50%, sharpening questions on shareholder returns. It also discusses valuation measures to gauge whether the stock is fairly valued given the growth outlook.

Stellantis Breaks Below 200-Day Moving Average

January 13, 2026, 4:59 PM EST. Stellantis NV (STLA) shares slipped below their 200-day moving average of $10.12 on Tuesday, trading as low as $10.06. The stock was down about 3.4% for the session. The 200-day moving average is a widely watched trend line that smooths price data to signal medium-term momentum. The latest price sits near the bottom end of its 52-week range of $8.393 to $14.28; the last trade was $10.10. The move comes as investors compare a year of performance against the moving average.

Essent Group crosses below 200-day moving average as ESNT slides

January 13, 2026, 4:58 PM EST. Essent Group Ltd (ESNT) traded as low as $39.52 on Tuesday after crossing below its 200-day moving average of $39.66. The shares were last at $39.58, down about 1.6% on the session. The move comes as the chart shows the stock testing long-run support near the moving average line (MA). ESNT's 52-week range spans from $34.27 to $45.01. A break of the 200-day average can signal a shift in intermediate momentum, but it is not a definitive predictor of future performance. The stock's one-year view shows it trading near the control line at times, with the cross noted in this session.

Pinnacle CEO Kevin Blair Rings NYSE Opening Bell With Leadership Team

January 13, 2026, 4:53 PM EST. On January 13, 2026, Pinnacle Financial Partners President and CEO Kevin Blair and his executive leadership team rang the New York Stock Exchange opening bell. The ceremony featured Pinnacle Founder and Board Chair Terry Turner and was conducted at the NYSE, with PNFP shares listed on the exchange. Press materials and photos credited to the NYSE accompany the event, a common practice for listed companies marking market openings. The release notes standard copyright and usage language for the images and reiterates that NYSE does not endorse investments. The moment underscores Pinnacle's status as a listed bank and its ongoing engagement with investors and the market.

Sumitomo Electric Industries shares rise 46% in 3 months as ROE signals earnings growth

January 13, 2026, 4:40 PM EST. Sumitomo Electric Industries (TSE:5802) has rallied, up about 46% in the past three months. The focal point is its ROE of 9.4% for the period trailing to September 2025, with net profit of JP¥246 billion and shareholders' equity of JP¥2.6 trillion. The ROE exceeds the industry average of 8.0% and coincides with 27% five-year earnings growth, outpacing the sector's 16%. Management efficiency and earnings retention are cited as supporting factors. Investors should decide whether this growth is already priced in. Overall, fundamentals appear supportive, though the recent rally invites scrutiny of the durability of future profit growth and visibility.

Daido Steel shares climb 25% in a month as earnings lag; P/E near market median

January 13, 2026, 4:39 PM EST. Daido Steel Co., Ltd. (TSE:5471) shares gained 25% in the last month, lifting the one-year gain to about 69%. The stock trades at about 13.6x earnings, near Japan's market median of around 15x. Note: P/E stands for price-to-earnings, a multiple of price per share to per-share earnings. Despite the rally, earnings fell 3.4% year over year, with three-year earnings down about 4.1%. The outlook shows analysts expect about 2.5% annual growth over the next three years, well below the broader market's ~9% pace. The stock's momentum has kept the P/E near the market average, but a weaker earnings trajectory could pressure the name. Investors seem less bearish than analysts for now, though the valuation may be challenged if growth does not pick up.

Tsugami stock climbs 26% as ROE supports earnings outlook

January 13, 2026, 4:38 PM EST. Tsugami Corp. (TSE:6101) shares are up about 26% over the past three months. The gain comes as the company reports a robust ROE (return on equity) of 22% for the trailing twelve months through September 2025, well above the industry average of 7.7%. With a retention rate of 71% and a 29% payout, Tsugami has sustained about 14% net income growth over five years, broadly in line with the industry's 12% pace. The market may be pricing in continued earnings strength, but investors should assess whether the growth is embedded in the price. Key questions: is the earnings growth sustainable, and do current valuation levels justify further upside versus peers?

Stock futures little changed ahead of CPI, banks' results as Trump proposals roil markets

January 13, 2026, 4:26 PM EST. U.S. stocks waver as investors digest JPMorgan earnings and a fresh round of Trump proposals. The S&P 500 fell 0.19% to 6,963.74; the Dow dropped 398.21 points, or 0.8%, to 49,191.99; and the Nasdaq slipped 0.1% to 23,709.87. JPMorgan declined 4.2% after beating on top and bottom lines, though investment banking fees fell. Goldman Sachs fell 1%; Mastercard and Visa dropped 3.8% and 4.5% respectively, weighing on the sector via XLF and KBWB. Trump floated policy ideas, including limits on dividends or buybacks and a 10% cap on credit-card interest rates, prompting questions about feasibility. Oil rose after he canceled Iran meetings and signaled tariffs on any country doing business with Tehran. December CPI showed core CPI up 0.2% month and 2.6% year, with headline CPI up 0.3% and 2.7%, matching forecasts. Earlier CPI gave only a brief lift.

BlackBerry, Peyto, Well Health: 3 Canadian stocks with 10x potential by 2036

January 13, 2026, 4:25 PM EST. Three Canadian stocks are highlighted as high-conviction bets with a potential to deliver 10x returns by 2036. BlackBerry (TSX:BB) is leveraging its QNX embedded software in cars, with 275 million vehicles on the road powered by QNX. In BlackBerry's fiscal Q3 2026, adjusted EPS rose to $0.05 from $0.02, and operating cash flow reached $17.9 million, up from $3.4 million sequentially and 200% year over year; management said momentum should lift backlog and orders in 2026. Peyto Exploration and Development (TSX:PEY) remains a low-cost natural gas producer, benefiting from LNG Canada ramp-up and rising LNG demand. In the latest quarter, production grew 8%, EPS up 65%, and FFO up 22%. Well Health Technologies (TSX:WELL) is Canada's largest digital healthcare provider, focusing on the fragmented primary-care market and pursuing acquisitions of primary-care practices.

Nasdaq to delist multiple securities after trading suspensions

January 13, 2026, 4:24 PM EST. Nasdaq said it will delist the securities of several issuers after ongoing suspensions. The securities have not traded on Nasdaq since the suspension dates. The delisting covers a slate of issuers including Four Leaf Acquisition Corporation, Advent Technologies Holdings, DIH Holding US, DT Cloud Acquisition, Sonder Holdings, Israel Acquisitions, iRobot, Kaival Brands Innovations Group, Luminar Technologies, Zynex, ProPhase Labs and Protagenic Therapeutics. These stocks, units or warrants were suspended from Oct. 17, 2025 to Jan. 5, 2026 and have remained inactive. Nasdaq said the delisting will proceed as these securities have not traded on Nasdaq since the suspension dates.

Scotiabank lifts Alphabet price target on AI optimism

January 13, 2026, 4:23 PM EST. Scotiabank analyst Nat Schindler lifted Alphabet's price target to $375 from $336 while keeping a Sector Outperform rating, citing AI tailwinds and confidence in continued outperformance for GOOGL. The note cites Alphabet's roughly 64% gain over the past year and solid Q3 results across Search, YouTube, and Cloud, with optimism on Cloud margins. While Google's AI progress trails some peers, the firm calls it a structural winner within hyperscalers. It argues the stock should outperform on AI monetization, even as near-term noise exists. The takeaway: AI-driven upside supports a constructive view on Alphabet's path.

ASX Dividend Stocks Gain Traction as Markets Rise on Gold and Materials Rally

January 13, 2026, 4:17 PM EST. The ASX200 rose on Tuesday as gold and silver prices firmed and materials stocks led gains. Investors are increasingly targeting dividend stocks for income and ballast amid global uncertainty. The report singles out high-yield names such as Treasury Wine Estates, Kina Securities, Accent Group, Sugar Terminals and EQT Holdings, among others, with yields ranging from about 4% to 8%. It also notes a broader list of 31 stocks from a Top ASX Dividend Stocks screener. Some issuers carry questions about dividend sustainability, for example New Hope Corporation with about an 8% yield but a high cash payout ratio. Servcorp offers a more modest dividend yield with solid earnings coverage. The message is clear: dividends can stabilize returns, but yield alone is not a guarantee.

US tariff revenue slides in December as 2025 total hits $264.05 billion

January 13, 2026, 4:14 PM EST. New Treasury data show December tariff revenue at $27.89 billion, keeping 2025 total at $264.05 billion – a record year, yet the second straight monthly decline after President Trump trimmed tariffs last November. October posted the high at $31.35 billion, followed by $30.76 billion in November and $27.89 billion in December, a drop of more than 10% from the October peak. The report underscores how tariffs are reshaping trade and government revenues. The broader picture: the deficit widened to $602 billion for October-December, even as tariff receipts surged earlier in the year. Trump pitched tariffs as a revenue source during a Detroit appearance, amid a budget outlook revised lower by the CBO.

Volt Group's 26% rally triggers P/E scrutiny on ASX: VPR

January 13, 2026, 4:13 PM EST. Volt Group Limited (ASX:VPR) shares surged 26% in the past month, lifting the year-to-date gain to about 13%. The move leaves the stock trading at a steep P/E ratio near 31.8x, well above a rough 22x market norm. Earnings growth has been flat over the past year and three years, raising questions about the elevated multiple. Some investors may be betting on a revival, but the absence of near-term earnings catalysts weighs on the valuation. The market backdrop suggests a gap between optimistic pricing and lagging fundamentals. Analysts have yet to provide forecasts; a closer look at Volt Group's earnings, revenue and cash flow is needed to assess sustainability.

Noteworthy Tuesday Options on ALB, PEN and LHX Drive Volume

January 13, 2026, 4:12 PM EST. Noteworthy Tuesday option activity appeared in ALB, PEN and LHX. ALB traded about 14,669 contracts, roughly 1.5 million underlying shares, about 48.7% of its 1-month ADV. The day's standout: the $150 put expiring Sept. 18, 2026, with 1,200 contracts (~120,000 shares). PEN saw 2,210 contracts, about 221,000 shares or 47.1% of its 1-month ADV (469,440). The notable strike: the $320 call expiring Jan. 16, 2026, with 610 contracts (~61,000 shares). LHX moved 5,505 contracts, ~550,500 shares, about 46.2% of its ADV (1.2 million). The target is the $350 call expiring Jan. 16, 2026, with 468 contracts (~46,800 shares).

Noteworthy Tuesday Option Activity: TMUS, FANG, OSCR

January 13, 2026, 4:11 PM EST. Tuesday's Russell 3000 options activity showed notable volume in TMUS, FANG and OSCR. TMUS traded 20,699 contracts today, about 2.1 million underlying shares and 42.2% of its 30-day average volume (4.9 million). The standout was the $192.50 call expiring January 23, 2026 with 5,118 contracts (≈511,800 shares). In FANG, volume reached 7,869 contracts, about 786,900 shares or 41.7% of its average 1.9 million. The $175 strike call expiring February 20, 2026 had 2,774 contracts (≈277,400 shares). OSCR saw 33,119 contracts, roughly 3.3 million shares or 41.1% of its 8.0 million average. The $18 strike call expiring March 20, 2026 had 3,233 contracts (≈323,300 shares).

Salesforce shares slide after Adobe downgrade sparks cloud-stock sell-off

January 13, 2026, 4:10 PM EST.Salesforce shares fell 6.3% in afternoon trading after a wave of competitive anxiety hit the enterprise software space sparked by an Oppenheimer downgrade of Adobe over its AI tools. Snowflake was downgraded to Hold by Barclays, citing pressure from Amazon and Oracle bundling their own AI data tools. DocuSign and Asana also faced questions about commoditization of their core markets. The move underscores a broader cloud-stock sell-off, even as CRM remains relatively less volatile. At about $241.32, Salesforce trades roughly 33% below its 52-week high of $359.95 set in January 2025, and down 4.9% year-to-date. Investors will watch for tangible AI-driven growth signals.

DocuSign slides as Adobe downgrade triggers cloud-stock sell-off

January 13, 2026, 4:09 PM EST. DocuSign fell about 5.6% in the afternoon after a wave of competitive anxiety hit the enterprise software sector following an Oppenheimer downgrade of Adobe, which argued AI tools aren't boosting sales as quickly as hoped. The move sparked a broader sell-off in high-valuation cloud stocks. Barclays downgraded Snowflake to Hold, noting pressure from Amazon and Oracle as they bundle their own AI data tools. DocuSign and Asana faced renewed questions that their core markets are becoming commoditized. The stock has been volatile, with 17 moves greater than 5% in the past year, and sits roughly 33.8% below its 52-week high of $97.70. Investors remain cautious on AI spending and the potential for outsized returns.

Asana Slumps as Oppenheimer Downgrade Triggers Cloud-Software Sell-Off

January 13, 2026, 4:08 PM EST. ASAN shares slid 7.5% in afternoon trading as a wave of competitive anxiety hit the enterprise software space following an Oppenheimer downgrade of Adobe. The downgrade signaled slower uptake of AI-driven tools, weighing on cloud peers. Snowflake also fell after Barclays cut it to Hold, citing pressure from big rivals bundling AI data tools. DocuSign and Asana faced the narrative that their core markets are becoming commoditized. The sell-off comes as the Nasdaq drifts lower and investors realize gains from AI trades may be unwinding. ASAN is down 7.1% year-to-date, trading around $12.05 and about 50% below its 52-week high of $24.28 set in February 2025. The move underscores market volatility rather than a fundamental reevaluation.

Piper Sandler lowers ConocoPhillips price target to $109; Overweight rating retained

January 13, 2026, 4:07 PM EST. Piper Sandler trimmed ConocoPhillips' price target to $109 from $115, while leaving an Overweight rating in place. The target implies roughly 12% upside from current levels. The note flags a bearish outlook for crude oil in 2026, meaning prices are expected to fall, even as refining margins may improve on tighter supply/demand and wider crude differential tailwinds. COP could gain from Venezuela dispute dynamics, with arbitration awards totaling about $12 billion; Venezuela has paid only a fraction. COP's dividend yield sits around 3.3%. While the stock has upside, some analysts say select AI stocks may offer greater potential with less downside risk.

Aktis Oncology valuation under scrutiny after price move and ongoing losses

January 13, 2026, 3:54 PM EST. Aktis Oncology (AKTS) has drawn attention after a roughly 3% intraday move and a 20.83% year-to-date gain as investors reassess its clinical radiopharmaceutical pipeline against a tight financial profile. The company posted US$5.56 million in revenue but a US$60.649 million loss, underscoring funding needs and ongoing clinical/regulatory risk. With negative equity, AKTS reports a Price-to-Book (-8.6x) that defies conventional comparisons (peer average ~3.8x; biotech industry ~2.7x). The negative equity makes the P/B metric less meaningful, highlighting capital-structure risk rather than a clear discount or premium. Liabilities are described as higher-risk funding sources. Readers should weigh the fundraising outlook and potential catalysts against the clinical timeline when judging entry points.

ASX Penny Stocks Spotlight: Immutep And Two More To Consider

January 13, 2026, 3:53 PM EST. ASX trading was firmer as gold and silver rose and Wall Street closed higher, prompting some investors to widen beyond blue chips into lower-priced names. Penny stocks, defined as small, low-priced shares with higher risk, figure in the appeal. Immutep Limited (ASX: IMM) tops the discussion with a A$663.17 million market cap and A$5.03 million in revenue. The biotech group is advancing immunotherapies, including IMP761 in autoimmune disease (Phase I) and the Phase III TACTI-004 trial for non-small cell lung cancer; a licensing deal with Dr. Reddy's adds milestone payments and royalties, reinforcing cash runway. Also highlighted is MFF Capital Investments (ASX: MFF), debt-free with a A$2.95 billion market cap and a 3.6% dividend yield. Ratings from Simply Wall St anchor the discussion.

Biogen (BIIB) valuation hints at upside after price rally; DCF shows ~50% undervaluation

January 13, 2026, 3:52 PM EST.Biogen closed at $185.63, with a 7-day return of 1.7%, 30-day 6.6%, year-to-date 4.4%, and 1-year 29.8%. However, 3-year and 5-year declines of 35.9% and 32.2% temper enthusiasm for longer-term holders. The stock's latest run mirrors reassessment of its position in pharma and biotech. The company earns a valuation score of 5 on our framework. A DCF model, using a 2-stage Free Cash Flow to Equity approach, implies an intrinsic value of about $373.44 per share, versus the current price, placing the stock as undervalued by roughly 50.3% on this cash-flow view. The P/E ratio sits at 16.93x, below the Biotech industry average of 20.84x and near peer average of 17.15x. Bottom line: the DCF signal points to upside, though sector risk remains.

Is Motorola Solutions (MSI) Valued Right After Recent Weakness?

January 13, 2026, 3:51 PM EST. Motorola Solutions traded at US$385.64, with weekly gains of 0.8%, a 1-month rise of 5.7%, and a 14.6% drop over the past year. The stock's 3-year and 5-year returns stand at 49.9% and 136.1%, respectively. A DCF (Discounted Cash Flow) analysis using a 2-stage free cash flow-to-equity model places an intrinsic value of about US$374.71 per share, implying the shares are about 2.9% overvalued versus the current price. The stock carries a P/E ratio near 30.4 and a market valuation score of 3 out of 6, suggesting mixed demand. Projected free cash flow rises from about US$2.39b TTM to roughly US$2.91b in 2026 and US$4.39b by 2035. Investors should watch for changes in core public-safety and enterprise businesses.

Corn ticks down Tuesday as USDA data lift stocks

January 13, 2026, 3:43 PM EST.corn futures edged lower Tuesday, with limited follow-through from Monday. The CmdtyView national average cash price for corn slipped to $3.825 per bushel, down 1.5 cents. USDA's Crop Production report put yield at 186.5 bpa (bushels per acre), up 0.5 from November; harvested area at 91.3 million acres and production at 17.021 bbu (billion bushels). The quarterly Grain Stocks report tallied December 1 corn stocks at 13.282 bbu (billion bushels), 1.207 bbu above a year earlier. WASDE data lifted U.S. ending stocks by 198 mbu (million bushels) to 2.227 bbu; world stocks rose 11.76 MMT (million metric tons) to 290.91 MMT, with Chinese production up 6.24 MMT. South Korean tenders bought 264,000 MT, and another 140,000 MT tender was issued for Wednesday.

Cattle futures rally as cash and feeder markets firm; boxed beef slips

January 13, 2026, 3:40 PM EST.Live cattle futures posted gains of $1.45 to $2.10 Tuesday. Cash trade last week centered around $191 in the South and $191-192 in the North, up about $1-2 from the prior week. Some $191 trade was reported in KS Monday. There were no deliveries against December live cattle on first notice day. Feeder cattle futures rose $1.57 to $2.15 at midday. The CME Feeder Cattle Index rose 42 cents to $262.25 as of December 6. The weekly OKC feeder cattle auction is pegged at 13,234 head, well above last week and a year ago. Feeder prices: steers down $3-9, heifers steady to down $2-7, calves down $10-15. USDA boxed beef prices slipped in the morning; Choice at $311.97, Select at $279.30. Slaughter through Monday was 119,000 head, up 2,000 from the prior week but down 6,212 from a year earlier.

Hogs edge higher as lean hog futures rise on light volume

January 13, 2026, 3:39 PM EST. Lean hog futures rose Tuesday, with nearby contracts up about 20 to 30 points as traders awaited USDA data. The USDA's national base hog price was not reported in Tuesday's morning update due to light volume. The CME Lean Hog Index fell 25 cents on Jan. 9 to $80.60. The USDA pork carcass cutout value was down 97 cents at $92.13 per cwt in the Tuesday AM quote, with rib and belly primals the only components higher. Slaughter data showed federally inspected hog slaughter at 497,000 head on Monday, just below last Monday but about 13,474 head above the same week last year.

Soybeans fall on Tuesday as meal weakness presses prices

January 13, 2026, 3:38 PM EST. Soybeans fell on Tuesday as soymeal weakness presses prices. The cash bean price sits around $9.66 1/2 per bushel, down about 11 cents. Soymeal futures slid to roughly $6.80; soy oil futures rose about 90-97 points. The market noted 26 soybean deliveries and 30 for January bean oil. A private USDA export sale showed 168,000 MT of soybeans sold to China, with 152,404 MT to Mexico. On the supply side, NASS put the soybean yield at 53 bu/acre on 80.4 million harvested acres; production near 4.262 billion bu. WASDE trimmed exports 60 mbu but lifted crush 15 mbu, lifting ending stocks to ~350 mbu. Brazil's production was raised 3 MMT to 178 MMT. Late Monday, Trump threatened tariffs on Iran, China offered no immediate response. Sinograin sold 1.1 MMT.

Cotton futures hold midday gains as March expiry looms; spec shorts rise

January 13, 2026, 3:37 PM EST.Cotton futures edged higher at midday, with March contracts ending their expiry session on Monday. Prices added 15 to 45 points as the market weighed softer crude oil and a firmer U.S. dollar. Outside factors pressured sentiment, with crude down 74 cents and the dollar index higher by about 0.05. The CFTC said specs in cotton futures and options expanded their record net short by 11,504 contracts as of March 4; the net short stood at 79,957 contracts as of Tuesday. In related data, The Seam auction sold 1,936 bales at an average 62.29 cents per pound. The Cotlook A Index rose 150 points to 76.95 cents/lb. ICE stocks were steady at 14,488 bales; the USDA cut the Adjusted World Price by 201 points to 51.88 cents.

Wheat slips on Tuesday as export data, weather outlook temper gains

January 13, 2026, 3:36 PM EST. The wheat complex declined on Tuesday midday, with Chicago SRW down 14-15 cents, KC HRW down 14-15, and MPLS spring wheat off 10-12 cents. Export inspections totaled 347,321 MT (12.76 mbu) for the week ended Nov 7, up 68.8% from last week and 41.9% year over year. Shipments included 84,061 MT to South Korea and 57,655 MT to Philippines. YTD shipments rose to 10.11 MMT (371.5 mbu), up 28.8% from a year earlier. Crop Progress suggests precipitation could lift condition ratings. In tender news, Japan seeks 114,403 MT, with 58,046 MT US. The French soft wheat crop is seen at 25.56 MMT, up 0.13 MMT from last month. Prices: CBOT Dec 24 5.51, Mar 25 5.66 1/4; KCBT Dec 24 5.44 3/4, Mar 25 5.58 1/2; MGEX Dec 24 5.79 3/4, Mar 25 6.01 1/2.

Skylark Minerals: Executive Chairman Buys AU$298,000 in Shares, Lifts Insider Stake 56%

January 13, 2026, 3:35 PM EST. Skylark Minerals' Executive Chairman Nikolai Zelenski bought AU$298,000 of shares at AU$0.18 each, lifting his stake by about 56% and marking the largest insider buy in a year. The deal came when the stock traded around AU$0.26, suggesting the purchase price was below the market, which limits read-through on sentiment toward the current price. Insiders have bought but not sold over the last 12 months, and insider ownership sits at roughly 11% (about AU$3.7m). The firm has not posted a profit in the past year, adding caution to the assessment. Readers should weigh insider activity against earnings performance and risk factors before acting.

Apollo Global's ATH.PRE Series E yields above 7.5% as shares trade at premium

January 13, 2026, 3:22 PM EST. Apollo Global Management's ATH.PRE, the Series E 7.750% Dep Sh Rate Reset Non-Cumul Pref, yielded above 7.5% on Tuesday based on a quarterly dividend of $1.9375 annualized. The stock traded as low as $25.70 intraday. Preferred Stock Channel shows an average yield of 6.64% in the Financial sector. At last close, ATH.PRE traded at a 3.60% premium to its liquidation preference, versus a 10.44% average discount in the Financial category. The shares are non-cumulative, meaning missed payments aren't carried forward to future dividends. In afternoon trade, ATH.PRE was up about 0.1%, while Apollo Global Management's common stock APO shed about 1.4%. The data reflect publicly available quotes and are not a recommendation.

Red Cat Holdings RCAT valuation under scrutiny after momentum rally and losses

January 13, 2026, 3:08 PM EST. Red Cat Holdings (RCAT) has drawn attention after a 48.5% one-month return, even as it posted a $91.84 million net loss on about $7.44 million in revenue. The stock trades at a P/B of 5.6x, above the industry average of 4.2x and the peer average of 4.8x, signaling a valuation premium despite negative earnings. The last close of $11.94 leaves the price about 26% below the analyst target of $15.00. There is no cross-check from a published DCF fair value. The rally contrasts with a 3-month drop of 18.6% and a strong three-year total shareholder return, suggesting momentum may be re-accelerating but the business remains loss-making. Investors should weigh growth expectations against the risk that a shift in sentiment or sector outlook could compress the premium.

National Bankshares lowers Spin Master price target to C$25; stock slips

January 13, 2026, 3:07 PM EST.National Bankshares cut Spin Master's (TSE:TOY) price target to C$25 from C$27, signaling cautious near-term prospects. The note implies about 27.8% upside to the last close. Several peers also adjusted views: Cormark lowered theirs to C$39; Jefferies to C$26; Canaccord to C$20; CIBC lifted to C$25. MarketBeat shows a consensus of Moderate Buy with a target of C$27.38. Spin Master edged lower, trading at C$19.57 after about 91,000 shares changed hands, below its 50-day and 200-day averages. Fundamentals: quick ratio 2.06, current 1.14, debt-to-equity 39.61; 52-week range C$18.51-C$32.34; market cap C$1.97B; P/E 36.24, PEG 0.57, beta 0.66. Last quarter, Spin Master posted C$1.11 EPS on C$1.02B revenue; net margin 1.45%, ROE 2.24%. Analysts expect about 3.14 EPS for the year.

Citigroup lifts BRP target to C$128; multiple banks raise targets and maintain Buy

January 13, 2026, 3:06 PM EST. Citigroup raised BRP's target to C$128 from C$122 and kept a Buy rating, signaling about a 24.4% upside from the prior close. Other banks also lifted views: Loop Capital to strong-buy; Desjardins to C$130 with a Buy; RBC to C$131 with an outperform; TD Securities to C$119 with a Buy; CIBC to C$118 with an outperform. MarketBeat shows a consensus Buy with a target of C$111.33. BRP traded up to C$102.90 on volume of 84,444, versus a 172,113-average. The 12-month range is C$43.88-C$108.90; 50-day MA C$97.13 and 200-day MA C$86.69. BRP designs Ski-Doo, Sea-Doo, Can-Am and Rotax engines, and expanded its marine group in 2018.

CIBC downgrades Birchcliff Energy to Neutral; target cut to C$8.50

January 13, 2026, 3:05 PM EST. Birchcliff Energy Ltd. was downgraded by CIBC to Neutral from Outperform, with a new C$8.50 target, down from C$9.50. CIBC's price objective implies about 20.06% upside from the current price. Other firms offered mixed views: National Bankshares trimmed targets to about C$9.00 with an Outperform rating; Scotiabank cut its target to C$9.00; Haywood Securities lifted its target to C$10.00; BMO Capital Markets upgraded to Outperform and raised the target to C$8.50. On the day, Birchcliff shares fell about 1.9%, trading around C$7.08 on volume of roughly 808,000. The stock's 50-day and 200-day moving averages sit near C$7.31 and C$6.70, respectively; debt-to-equity around 27.63%.

ACT Energy Technologies among TSX penny stocks to watch as 2026 opens

January 13, 2026, 2:56 PM EST. Canadian penny stocks drew attention as 2026 opened, with macro data and energy activity shaping risk appetite. ACT Energy Technologies Ltd. stands out among TSX-listed plays, with a CA$175.83 million market cap and reported CA$493.71 million in directional-drilling revenue in Canada and the United States. The company shows a recent earnings-growth slowdown and a fall in net profit margins, but liquidity remains solid, with short-term assets topping liabilities by CA$54.4 million and operating cash flow at 87.2% of debt coverage. Private placements raised CA$3.85 million, boosting the balance sheet without significant dilution. The piece also highlights other small caps, including Westbridge Renewable Energy, Zoomd Technologies, and Montero Mining, each rated highly for financial health by Simply Wall St. Investors should weigh valuation gaps, debt maturity, and earnings resilience in a volatile sector.

Citi, Dynex, BNY Mellon and Alliant Energy declare dividends

January 13, 2026, 2:55 PM EST. Citigroup (C) declared a quarterly dividend of $0.60 per share on common stock, payable Feb 27, 2026, to holders of record Feb 2, 2026. Dynex Capital (DX) announced a $0.17 per common share dividend, payable Feb 2, 2026, to record holders Jan 21, 2026. The Bank of New York Mellon (BK) declared a quarterly dividend of $0.53 per share on common stock, payable Feb 5, 2026, to record holders Jan 23, 2026; preferred dividends were also declared. Alliant Energy (LNT) declared a quarterly cash dividend of $0.5350 per share, payable Feb 17, 2026, to record holders Jan 30, 2026. Alliant notes it has paid dividends for 321 consecutive quarters since 1946 and is a member of the S&P 500 Dividend Aristocrats.

Notable Tuesday Options Activity in JBL, PWR and DVA

January 13, 2026, 2:53 PM EST.Jabil Inc (JBL) options traded 19,422 contracts, about 1.9 million underlying shares, or roughly 137% of JBL's 1-month average volume. The standout was the $210 strike put expiring February 20, 2026, with 6,213 contracts (about 621,300 shares). Quanta Services (PWR) posted 9,912 contracts, about 991,200 shares, or 107.4% of its average daily turnover. The active contract was the $410 strike put expiring February 20, 2026, with 3,004 contracts (roughly 300,400 shares). DaVita Inc (DVA) saw 5,349 contracts, about 534,900 shares or 71.8% of average volume. The $115 strike call expiring February 20, 2026 had 2,579 contracts (roughly 257,900 shares). For other expirations, visit StockOptionsChannel.com.

Noteworthy Tuesday Options Activity in CMG, MO, and XYZ

January 13, 2026, 2:52 PM EST. Intraday options activity among S&P 500 components showed notable action in CMG, MO and XYZ. Chipotle Mexican Grill traded 96,238 contracts today, about 9.6 million underlying shares, roughly 53% of its 1-month average volume of 18.2 million. The heaviest line was the $32.50 put expiring Feb 20, 2026, with 39,095 contracts (about 3.9 million shares). Altria Group moved 54,022 contracts, about 5.4 million shares, or 50.5% of its 1-month ADV of 10.7 million. The standout: the $61 call expiring Jan 16, 2026, with 23,957 contracts (about 2.4 million shares). Block Inc saw 27,163 contracts, about 2.7 million shares, roughly 50% of its 1-month ADV. The $70 call expiring Jan 16, 2026 totaled 3,156 contracts (about 315,600 shares). Source: StockOptionsChannel.com.

CRM, WFC, PANW lead Tuesday option activity

January 13, 2026, 2:51 PM EST. Noteworthy Tuesday option activity tracks large trades in several S&P 500 names. Salesforce.com Inc (CRM) drew 40,666 contracts, about 4.1 million underlying shares, roughly 65.3% of its monthly average daily volume of 6.2 million. The heaviest focus centered on the $250 strike put expiring Jan. 16, 2026, with 2,043 contracts, about 204,300 shares. Wells Fargo & Co (WFC) traded 76,426 contracts, about 7.6 million shares or 62.4% of its monthly average 12.2 million. The standout was the $105 strike call expiring Mar. 20, 2026, with 12,661 contracts, about 1.3 million shares. Palo Alto Networks (PANW) saw 35,647 contracts, about 3.6 million shares, 62.3% of its 5.7 million average. The most active strike was the $220 strike call expiring Feb. 20, 2026, with 10,327 contracts, about 1.0 million shares. Data via StockOptionsChannel.

Tuesday sector laggards: Financial, Healthcare weigh on markets

January 13, 2026, 2:50 PM EST. Midday results show the Financial sector (down 0.7%) leading the downside, with JPMorgan Chase & Co (JPM) off 3.8% and Progressive (PGR) down 3.6%. The Financial Select Sector SPDR ETF (XLF), an exchange-traded fund (ETF) tracking the sector, retreats 1.7% on the day, and is down about 0.73% year-to-date (YTD). JPM and PGR together account for roughly 12.6% of XLF's underlying holdings. The Healthcare sector slips 0.5%, paced by Solventum Corp (SOLV) at -5.2% and DaVita Inc (DVA) at -4.2%. The Health Care Select Sector SPDR ETF (XLV) falls 0.6%, with XLV YTD up 1.06%. SOLV is up 2.51% YTD; DVA is down 7.21% YTD. SOLV and DVA portfolio weight ~0.3% of XLV.

Energy leads midday sector rally; Consumer Products mix trims gains

January 13, 2026, 2:49 PM EST. Energy stocks lead midday trading, up 1.9%. APA and OXY rise 8.2% and 5.0%. Among energy ETFs, the XLE ETF – an exchange-traded fund tracking energy shares – is up 1.9% and 6.70% YTD. APA is up 10.65% YTD; OXY down 1.92% YTD. The two account for about 3.0% of XLE's holdings. Consumer Products advance 0.3%, led by HSY (3.7%) and LW (2.6%). The IYK ETF is down 0.2% but up 5.59% YTD; HSY up 16.04% YTD; LW down 12.19% YTD. The pair weigh roughly 1.7% of IYK. Midday snapshot: Energy +1.9%, Consumer Products +0.3%, others mixed or lower.

PL vs RDW: Growth Potential in Space-Tech Stocks

January 13, 2026, 2:42 PM EST. Investors are watching space names as demand for commercial satellites and defense-related capabilities accelerates growth. The case for Planet Labs (PL) rests on recurring revenue from fixed-price subscriptions and usage-based contracts, backed by a backlog of $734.5 million at end-Q3 2026, up 216% year over year. EBITDA has been negative for quarters, and a near-term rebound remains uncertain. The company is betting on AI-enabled analytics and longer-term government deals to expand commercial adoption, with PL shares up about 72.6% in the past three months. The case for Redwire (RDW) centers on an optimized footprint and targeted investments, including the Albuquerque hub, to support national security, civil and commercial space. A broad, diversified portfolio and international reach position RDW to capture demand as space becomes central to security and economic development.

MTB set for Q4 2025 with higher NII and loan growth; costs to weigh on results

January 13, 2026, 2:41 PM EST. MTB is set to report Q4 and full-year 2025 results on Jan. 16 before the opening bell. The bank is expected to post year-over-year increases in revenue and earnings, supported by higher NII and non-interest income, along with modest loan growth. Headwinds include lower deposits, higher provisions for credit losses, and elevated expenses. Management guides NII (tax-equivalent) to about $1.8 billion in Q4 2025, up about 2.2% from the prior quarter, with the net interest margin (NIM) in the mid-to-high 3.70% range. The Zacks consensus aligns with the guidance, implying about a 1.1% increase in NII. Deposits are expected to be stable, supporting service-charge revenues. Declining mortgage rates boosted refinancing activity and origination volumes. MTB's average loan and lease balances are seen at $137-138 billion, and total interest-earning assets around $192.3 billion amid easing funding costs from Fed cuts.

Bitcoin climbs above $93,000 as inflation steady; traders eye $100,000 as Supreme Court tariffs ruling looms

January 13, 2026, 2:40 PM EST. Bitcoin rose above $93,000 after U.S. CPI data showed prices up 0.3% in December and 2.7% year on year. The move coincided with a trading volume up 20% to $88.9 billion and a price around $93,406. Prediction markets on Myriad/Decrypt show an 80% chance BTC reaches $100,000, though spot trends remain cautious as CVD deteriorates, signaling seller dominance. Sentiment remains muted despite higher volume, with the Crypto Fear & Greed Index at Fear. Analysts note the Supreme Court's ruling on Trump tariffs could shift cross-asset risk appetite. The court decision could come as soon as Wednesday and may affect crypto and equities.

Kadant's 6% monthly gain seen in light of ROE 11% and mixed earnings growth

January 13, 2026, 2:39 PM EST. Kadant Inc. (NYSE:KAI) shares rose about 6.1% in the past month as a screen of its fundamentals is examined. The analysis spotlights ROE at 11% over the trailing twelve months to September 2025, with net income of $103 million on shareholders' equity of $962 million. The return matches the industry average of 11%, though Kadant's five-year earnings growth runs 11%, below the industry's 16%. The report suggests other drivers, including possible favorable strategic decisions or a low payout ratio. Valuation is discussed, with comparisons to the price-to-earnings multiple of the group. The piece notes Kadant's three-year median payout ratio around 12%, implying earnings retention to fund future growth.

Firstsource to acquire TeleMedik to bolster U.S. healthcare digital offerings

January 13, 2026, 2:37 PM EST. Firstsource Solutions Limited (NSE: FSL) announced the acquisition of TeleMedik, a Puerto Rico-based digital health technology developer, to bolster its end-to-end clinical and utilization management capabilities and expand its payer-provider footprint in the United States. The deal enhances Firstsource's fully integrated BPaaS++ offering for health plan clients and fuses digital and generative AI capabilities with clinical operations across intake, authorization, care coordination and ongoing member engagement. Officials say the move helps payers reduce administrative costs, improve quality, and strengthen member and provider experiences amid rising utilization and a shift to value-based care. Dr. Sanjiv Goenka said the group remains committed to innovation in healthcare; TeleMedik CEO Dr. Joaquín Fernández-Quintero welcomed the partnership and its global reach and delivery capabilities.

CBRE fair value around US$182.58 as shares trade near US$166.72, signaling undervaluation

January 13, 2026, 2:34 PM EST. CBRE Group's shares have risen about 4% in the past month and 8% in three months as the commercial real estate services firm reported annual revenue of US$39.3 billion and net income of US$1.2 billion. A recent valuation narrative pegs fair value at roughly US$182.58 per share, versus a close near US$166.72, implying a modest discount to a growth and profitability outlook. The company's strong balance sheet and cash flow are expected to support aggressive M&A and principal investments, even if rates swing or large leasing deals slow. On a P/E basis, CBRE trades around 39.8x, well above peers at about 28.8x, underscoring valuation risk if growth expectations ease. Investors can stress-test assumptions to gauge sensitivity to rate moves and deal activity.

ABBV inks drug pricing deal with Trump, joins PD-1xVEGF bandwagon

January 13, 2026, 2:32 PM EST. AbbVie said it signed a U.S. pricing agreement with the Trump administration to cut list prices to match those in comparable developed markets, backing the MFN proposal. The deal includes a three-year exemption from import tariffs on pharmaceutical ingredients if AbbVie expands U.S. manufacturing, and a pledge to invest $100 billion over the next decade in domestic R&D and capital. The government says 16 of 17 large drugmakers have reached similar accords; Regeneron remains in talks. In a separate release, AbbVie agreed to an exclusive license with RemeGen for its PD-1xVEGF bispecific, RC148. AbbVie will pay an upfront $650 million and up to $4.95 billion in milestones, plus royalties, for rights outside Greater China. RC148 is in phase II in China, with potential in NSCLC and CRC. Competitors include Summit, BioNTech/Bristol Myers, Merck and Pfizer pursuing PD-1/VEGF programs.

Delta Beats Q4 Earnings; Boeing 787-10 Fleet Upgrade & GE Services Pact

January 13, 2026, 2:31 PM EST. Delta Air Lines posted Q4 2025 earnings of $1.55 per share, excluding 31 cents of non-recurring items, above the consensus of $1.53. Net income fell about 16% year over year as higher labor costs weighed. Revenue reached $16.0 billion, above expectations and up 2.9% y/y. Adjusted operating revenues, excluding refinery sales, rose 1.2%. The company cited roughly a 2-point drag from the government shutdown on domestic travel. Fleet update: Delta will acquire 30 Boeing 787-10s with options for 30 more; deliveries begin in 2031. GE Aerospace will maintain engines for the GEnx family. Passenger revenue accounted for 80.7% of total; domestic flat, international up. Cargo fell 1%; other revenues rose 14%. Adjusted operating margin was 10.1% vs 12% a year ago. Key metrics: capacity +1.3%; load factor, the seats filled, down 2.0 points to 82%; PRASM (passenger revenue per available seat mile) flat at 17.71 cents; TRASM at 20.02 cents.

Gold.com (GOLD) jumps 9.8% on strong volume; Monex deal expands platform

January 13, 2026, 2:30 PM EST. Gold.com (GOLD) surged 9.8% in the last session to close at $42.83 on solid volume, outpacing the prior four weeks' rise of about 23%. The rally follows strength across its integrated services-from trading and distribution to minting and hedging-plus a completed acquisition of Monex that broadens its precious-metals platform and enhances pricing and risk management. The company is expected to post quarterly earnings of $0.70 per share (EPS), up about 27.3% year over year, with revenues of $2.73 billion, down 0.5% from a year ago. Analysts say earnings-estimate revisions often foreshadow near-term price moves, so traders will watch for any shift. Gold.com sits at Zacks Rank #3 (Hold). A companion note highlights PRA Group as a peer.

Herc Holdings balance sheet shows heavy leverage, weak coverage

January 13, 2026, 2:29 PM EST. Herc Holdings' balance sheet shows a heavy debt load and thin near-term liquidity. As of September 2025, the company carried US$8.21 billion in debt, up from US$4.22 billion a year earlier, with net debt roughly flat due to limited cash. The latest liabilities total US$11.1 billion beyond cash and near-term receivables. Cash stands at US$61 million and US$810 million in receivables due within a year, against US$801 million of liabilities due within a year and US$11.2 billion beyond. Analysts warn that a major recapitalization could be required if creditors demand repayment. On earnings metrics, net debt/EBITDA is about 9.2x, and interest cover sits near 2.0x, signaling stress even before potential macro headwinds.

Harmony Biosciences (HRMY) seen as a top growth pick with double-digit earnings and solid cash flow

January 13, 2026, 2:28 PM EST. Investors chase growth stocks, but they come with higher risk. The Zacks Growth Style Score flags Harmony Biosciences Holdings, Inc. (HRMY) as a favored growth pick, supported by a favorable Growth Score and a top Zacks Rank. The analysis focuses on three pillars: Earnings Growth, Cash Flow Growth, and Promising Earnings Estimate Revisions. Harmony's historical EPS growth runs 13.1%, while the year ahead foresees EPS up about 19.6% versus the industry's 12.2%. The company's cash flow growth is 10% year over year, above the industry average of -3.8%; the 3- to 5-year annualized rate stands at 25.7% vs. 4.1% industry. The report notes a positive trend in earnings estimates revisions, adding to near-term momentum. The piece presents Harmony as a compelling growth story, but the inherent stock risk remains.

Beam Therapeutics outlines 2026 milestones as BEAM-302 progress fuels stock rally

January 13, 2026, 2:27 PM EST. Beam Therapeutics BEAM rose 22.3% after outlining 2026 strategic priorities and milestones for its gene-editing pipeline. The focus remains BEAM-302 for AATD and BEAM-301 for GSDIa. BEAM-302, a liver-targeting lipid-nanoparticle base-editing therapy, is in open-label phase I/II for AATD, with more than 25 patients treated and an alignment with the FDA on a potential accelerated approval pathway based on 12-month biomarker data. The company plans to enroll about 50 additional patients at the optimal dose to support a potential BLA filing; data and next steps for pivotal development are expected by end-Q1 2026. BEAM-301 data are due later in 2026, and Beam intends to unveil the next liver-targeted genetic-disease program in H1 2026. Over six months, shares up roughly 59%.

Burford Capital valuation under review after $450 million 2034 notes offering

January 13, 2026, 2:26 PM EST. Burford Capital is pursuing a private offering of US$450 million in senior unsecured notes due 2034, aimed at refinancing existing 2026 bonds and boosting flexibility for corporate use. The notes will be issued via a wholly owned subsidiary and guaranteed on a senior unsecured basis by Burford Capital, with placement to qualified institutional buyers and certain non-US investors under Regulation S and Rule 144A. Burford's shares traded around $9.64, up about 2.1% on the day and about 5.8% over a week, though the stock is down roughly 22% over the past year. An intrinsic value estimate suggests a 43% discount to fair value, with a target around $18.90 per share. Key caveats include exposure to the YPF case concentration and potential regulatory shifts in litigation funding that could alter expectations.

Stocks slip as Magnificent Seven retreat; tariffs, Fed in focus

January 13, 2026, 2:24 PM EST. Stocks slipped after an earlier rally faded on weakness in the Magnificent Seven; the S&P 500 fell 0.21%, the Dow down 0.55%, and the Nasdaq 100 -0.26%. March E-mini futures retreated. The mood was tempered by a second day of losses in credit-card stocks after President Trump said lenders would face a 10% cap on interest for a year. Inflation data provided a mixed backdrop: December CPI unchanged at +2.7% y/y and core CPI at +2.6%. Energy names climbed, with WTI crude up over 3% to roughly a 2.25-month high, supported by Iran tensions and a drop in Caspian Pipeline loadings. The market also digested Fed-speak; St. Louis Fed president Musalem urged policy restraint. Ahead: PPI, retail sales, and existing home sales data due later in the week.

McDonald's (MCD) Held by 47 of 155 Funds in Latest 13F Filings

January 13, 2026, 2:23 PM EST. McDonald's Corp (MCD) was held by 47 of 155 funds in the latest 06/30/2025 13F filings reviewed by Holdings Channel. 13F filings disclose long positions only, not short bets, so the picture can be incomplete. Among the batch, several funds added to MCD, while others trimmed or exited. Notable moves include NFJ Investment Group (+3,997 shares) and Sei Investments (+13,557), while The Manufacturers Life Insurance Co and Janus Henderson reduced large stakes. The changes reflect mixed sentiment across the holder base as of mid-year.

Crude climbs on Iran tensions, CPC disruptions and OPEC+ pause

January 13, 2026, 2:22 PM EST. Crude prices climbed, with February WTI up about 3.1% to near a 2.25-month high and February RBOB up ~2.3%. The move tracks heightened risks to supply from Iran amid protests and US rhetoric, plus disruptions at the CPC terminal feeding Kazakh crude into the Black Sea. Iran, which pumps more than 3 million bpd, could see output affected if unrest deepens. Separately, tanker loadings at CPC fell by roughly half to about 900,000 bpd after drone strikes, and index rebalancing is expected to lift oil bids as funds rebalance. Citi sees $2.2 billion of inflows into the Brent/WTI benchmarks this week. Chinese crude imports in December rose 10% m/m to a record 12.2 million bpd, underpinning demand. OPEC+ reiterated a pause in 2026 production increases into Q1.

Brazil drought supports coffee prices as supply concerns mount

January 13, 2026, 2:20 PM EST. March arabica (KCH26) rose 1.45 cents, while March ICE Robusta (RMH26) added about 7 points as drought fears in Brazil set the tone. The move followed a one-month high in arabica last week on below-average rainfall. Somar Meteorologia said Minas Gerais received 26.5 mm in the week to Jan 9, about 29% of normal. ICE inventories show ongoing arabica tightness, with 398,645 bags on Nov 20 and up to 461,829 last week; Robusta inventories rose to 4,278 lots by Dec 23-24 after Dec's low of 4,012. Vietnam's export surge and larger supplies elsewhere offset crop worries, keeping downside pressures in check. ICO exports fell 0.3% y/y; USDA/FAS forecast world 2025/26 production up 2.0% to 178.848m bags, with arabica down 4.7% and Robusta up 10.9%.

Vertiv's diversified portfolio drives Q3 revenue growth as AI demand and backlog rise

January 13, 2026, 2:12 PM EST. Vertiv (VRT) posted a 29% YoY rise in Q3 2025 net sales to $2.68 billion, underscoring strength from a diversified portfolio of critical power, thermal management and services. The company cited growth in AI-enabled predictive analytics and liquid cooling as key trends. Trailing-12-month organic orders rose about 21%, with a book-to-bill of 1.4 for Q3. Backlog climbed 12% sequentially and 30% YoY to $9.5 billion, supported by AI-driven data-center demand. For 2025, Vertiv now expects revenue between $10.16B and $10.24B and organic net sales growth of 26%-28%. Competition from Super Micro Computer and Applied Digital is intensifying. Valuation remains elevated: trailing P/B 18.53X vs sector 10.78X; consensus 2025 earnings about $4.11 per share.

First Quantum Minerals rises on rising earnings estimates; Zacks Rank upgrades to Buy

January 13, 2026, 2:11 PM EST. First Quantum Minerals (FQVLF) has rising earnings estimates, helping the stock advance. The current-quarter EPS is seen at $0.05, up 25% year over year, with two revisions in the last 30 days and a 40% lift in the forward 12-month consensus. For the full year, the EPS is $0.06, up 400% year over year, as another estimate moved up in the past month, lifting the consensus about 14.69%. The revisions underpin a Zacks Rank #2 (Buy). The stock has climbed roughly 19.4% in the past four weeks, with more upside possible. The Zacks Rank and revisions are tools for gauging near-term price moves, though investors should consider broader metal and mining factors before trading.

Grid reliability could constrain Hut 8's power-first strategy

January 13, 2026, 2:10 PM EST. Grid reliability is a key, high-stakes constraint for Hut 8 Corp.'s power-first strategy, aimed at running Bitcoin mining and future AI infrastructure. The company says securing large-scale, utility-grade electricity is essential to its pipeline, which topped 8 gigawatts as of Sept. 30, 2025. Realising projects from diligence to revenue requires close coordination with utilities, permitting authorities and grid operators across markets such as ERCOT, PJM and MISO. Industry-wide risks – generator retirements, transmission disruptions and regional shortages – could slow conversions of backlog into operating assets, especially for hyperscale AI. Hut 8 mitigates by regional diversification, blending front-of-the-meter and behind-the-meter assets, and using Bitcoin mining as flexible load. Accelerated grid investment could turn scarcity into a competitive edge; without it, reliability could cap growth. Rivals: Bitfarms and TeraWulf.

Astera Labs gains from UALink demand as AI infra builds momentum

January 13, 2026, 2:09 PM EST. Astera Labs' ALAB benefits from rising UALink demand, an open scale-up connectivity protocol for AI infrastructure. UALink blends PCIe memory semantics with Ethernet speed while avoiding Ethernet software complexity. It has attracted interest from top hyperscalers in RFP/RFQ processes to match designs with its capabilities. UALink's higher bandwidth and ultra-low latency suit AI clusters; Astera leverages its flexible fabric to tailor solutions for diverse data centers. Market potential is sizable: CapEx could top $500 billion by 2026, with UALink adding meaningfully to PCIe scale-up revenues. Competition is stiff from Broadcom and Marvell, both expanding AI exposure. ALAB has surged about 91% in six months, trading at a forward P/S near 25x.

Planet Fitness ends 2025 with 20.8 million members, 2,896 clubs; stock slips

January 13, 2026, 2:08 PM EST. Planet Fitness said year-end 2025 metrics show continued demand for its low-cost model. The company reported membership at roughly 20.8 million as of December 31, 2025, and system-wide same-club sales up 6.7% for the year. It opened 181 new clubs, including 23 corporate-owned locations, and installed equipment at 152 franchised locations, lifting the system-wide club count to 2,896. Management also announced a shift of a portion of advertising contributions from local to national funds starting in 2026 to sharpen marketing efficiency and support member growth. The stock declined 5.9% in yesterday's session, though PLNT has gained 7.5% over the past three months, outpacing the industry. Analysts cite ongoing franchise expansion and stronger equipment sales as drivers.

Citigroup to cut about 1,000 jobs this week as part of efficiency push

January 13, 2026, 2:07 PM EST. Citigroup is preparing to cut about 1,000 jobs this week, Bloomberg News via MSN, as part of a broader restructuring that targets nearly 20,000 cuts by 2026, about 8% of the global workforce. Since CEO Jane Fraser took charge in 2021, Citi has simplified governance and overhauled its operating model, reducing headcount by more than 10,000. Beyond layoffs, Citi is accelerating AI adoption to lift productivity and trim costs, while exiting consumer banking in 14 markets in Asia and EMEA, with nine exits completed. The objective is to free capital and sharpen focus on higher-return core businesses, notably wealth management in hubs such as Singapore, Hong Kong, the UAE and London. Peers like Wells Fargo and UBS are pursuing similar efficiency drives. Citi's stock has gained.

BNY Mellon Q4 earnings beat on higher NII and fee income; 2025 revenue and EPS rise

January 13, 2026, 2:06 PM EST. BNY Mellon beat Q4 estimates as adjusted earnings rose to $2.08 per share, up 20.9% year over year. Net interest income (NII, the difference between interest earned and interest paid) climbed 12.7% to $1.35 billion, and the net interest margin (NIM) expanded to 1.38%. Total fee and other revenues rose 4.9% to $3.83 billion, led by investment services fees. The quarter included a $26 million provision benefit, while expenses rose modestly on software, professional services and related costs. GAAP net income attributable to common shareholders was $1.43 billion, up 26.3% YoY. For 2025, adjusted EPS was $7.50, topping consensus of $7.39, and revenue $20.08 billion (up 7.8%). AUM ($2.2 trillion) and AUC/A ($59.3 trillion) rose, with credit quality improving: loan-loss allowance at 0.30% and non-performing assets at $143 million.

Sosnoff warns of a 10%-15% pullback in months ahead as earnings optimism meets lofty valuations

January 13, 2026, 2:04 PM EST. Veteran trader Tom Sosnoff, founder of Thinkorswim, says the odds favor a downside in markets even as earnings beat expectations keep a high floor for now. In Yahoo Finance's Opening Bid, he warned that stocks look fairly priced but there is little margin for error, and any momentum to the downside could yield a 10%-15% pullback, possibly in March through May. Wall Street projects double-digit earnings growth for the S&P 500 in every quarter of 2026, with the year near 15% and a price target around 8,010-about 18% above today. The forward P/E ratio sits near 22x, above the 10-year average of about 18.7x, signaling stretched valuations. Behind the noise, Powell faces a DOJ subpoena over Fed HQ renovations, adding policy risk as politics interact with rates.

Funding Circle buys back shares; treasury holdings rise to 2.78 million

January 13, 2026, 2:03 PM EST. Funding Circle Holdings plc said it bought back another 56,944 ordinary shares on the London Stock Exchange on 12 January 2026, at a volume-weighted average price (VWAP) of 126.2877 pence. The repurchases lift treasury holdings to 2,783,026 shares, with 301,958,550 ordinary shares in issue, the figure used for voting rights under FCA transparency rules. Analysts keep a cautious view; the latest consensus is a Hold with a £134 target. Spark's AI forecast labels the stock Neutral. The update underscores management confidence in the business amid mixed profitability and cash flow, while the buyback signals support for the share price.

Vertiv (VRT) could extend earnings-beat streak as ESP points to upside

January 13, 2026, 1:55 PM EST. Vertiv Holdings Co. (VRT) has a solid track record of beating quarterly estimates and could extend the run in its next report. The two-quarter average surprise stands at 14.89%. In the most recent quarter, the company posted $0.67 a share vs. $0.59 expected, a 13.56% surprise; the prior quarter delivered $0.43 vs. $0.37, a 16.22% beat. Estimates have trended higher as demand for IT and power products remains robust. Vertiv carries a positive Earnings ESP of +5.21%, and a Zacks Rank of #1 (Strong Buy), arguments that the setup could yield another beat. Zacks notes that stocks with a positive Earnings ESP and a Strong Buy rank beat the consensus about 70% of the time. However, a negative ESP reduces predictive power; nothing guarantees a move on earnings day.

Boot Barn Poised for Another Earnings Beat as ESP Turns Positive and Zacks Rank Solid

January 13, 2026, 1:54 PM EST. Boot Barn (BOOT) has a history of beating earnings estimates. In the latest quarter, EPS was $1.20 versus the Zacks Consensus of $1.08, a surprise of 11.11%. The prior quarter delivered $1.01 vs $0.89 expected, a 13.48% beat. The two-quarter average surprise is 12.30%. The stock's Earnings ESP (Expected Surprise Prediction) is +0.76%, and it carries a Zacks Rank #1 (Strong Buy). Analysts revising estimates have grown bullish on near-term earnings, reinforcing room for another beat. Studies cited by Zacks indicate that stocks with a positive Earnings ESP and a top Rank beat about 70% of the time. A negative ESP reduces predictive power, but does not guarantee misses. Investors should weigh this with other risk factors ahead of the quarter.

Kinsale Capital Group Could Extend Earnings Beat Run, Supported by ESP and Buy Rank

January 13, 2026, 1:53 PM EST. Kinsale Capital Group (KNSL) could extend its earnings-beat streak. The insurer, in the Zacks Insurance – Property and Casualty group, has posted average surprises of about 5.82% over the last two quarters. In the latest period, the company earned $3.75 per share vs a $3.52 consensus, a 6.53% surprise; the prior quarter was $3.50 vs $3.33, a 5.11% beat. With estimates moving higher, the stock carries a positive Earnings ESP (Expected Surprise Prediction) of +4.39% and a Zacks Rank #2 (Buy), suggesting another beat could be near. The next report is due October 24, 2024. Investors should note revisions can boost predictive power, but a negative ESP does not guarantee misses.

Ralph Lauren Seen Likely to Beat Estimates Again in Next Report

January 13, 2026, 1:52 PM EST.Ralph Lauren Corp. has a track record of beating earnings estimates, a pattern that could carry into its next report. The Zacks Textile – Apparel name has posted two straight surprises, with an average beat of about 10.88% over the last two quarters. In the most recent quarter, the company earned $1.71 a share, topping the $1.65 consensus, a 3.64% surprise. The prior quarter delivered $4.17 vs $3.53 expected, an 18.13% beat. Estimates have been edging higher, aided by the stock's positive Earnings ESP of +0.56% and a Zacks Rank #3 (Hold). If the pattern holds, another beat could be in the cards when the company reports, expected on August 7, 2024. Investors should note that ESP is not foolproof and negative values reduce predictive power.

Fortinet (FTNT) Could Extend Earnings-Beat Streak in Next Report

January 13, 2026, 1:51 PM EST. Fortinet (FTNT) has a track record of beating estimates, with two straight quarters beating by an average of 15.88%. In the latest quarter, the company earned $0.43 a share versus a $0.38 expected, a 13.16% surprise; the prior quarter was $0.51 vs. $0.43, an 18.60% surprise. The positives extend to rising estimates and a positive Earnings ESP of +3.41% paired with a Zacks Rank of 3 (Hold). Fortinet's next report is due August 6, 2024. While the Earnings ESP can signal momentum, a negative ESP value is not a guarantee of a miss. The data suggests continued beat potential, though near-term risk remains.

Robinhood poised for outsized gains on prediction markets after 2025 surge

January 13, 2026, 1:50 PM EST.Robinhood Markets, a top fintech performer in 2025, is expanding into prediction markets as a new growth vector. Shares nearly tripled last year. In Q3 2025, total sales doubled year over year and net income more than tripled, with a 43.6%net profit margin. Crypto transaction revenue jumped more than 300% year over year, while net interest revenue rose 66% as margin lending fueled activity. The company ended Q3 2025 with 27.9 million users and could top 30 million in Q4 2025. Analysts will watch whether the new prediction-market segment translates into sustainable earnings in 2026.

Elis discloses own-share purchases Jan 6-9, 2026 under buyback program

January 13, 2026, 1:42 PM EST. Elis S.A. disclosed the purchase of its own shares from January 6 to January 9, 2026 under its buyback program, authorized by the May 22, 2025 general meeting and Regulation (EU) 2016/1052. Trades occurred on platforms XPAR, DXE, TQE and AQE, totaling 432,711 shares at an average price of €24.6627. The purchases aim to cover maturing performance share plans and allocate free shares to employees under Elis for All 2026, with remaining shares slated for cancellation per the May 2025 resolution, and consideration of OCEANEs due 2029. The liquidity contract with Oddo BHF has been suspended. Disclosure dated January 13, 2026 from Puteaux, France; investor relations contacts provided.

Western Union looks undervalued after price weakness; intrinsic value near $37.79 per share

January 13, 2026, 1:40 PM EST. Western Union shares closed at $9.51, with a 0.8% weekly gain but weaker momentum over longer windows. A valuation screen scores the stock 5 of 6 on valuation, signaling undervalation on most metrics. The Excess Returns model yields an intrinsic value near $37.79 per share, implying about 74.8% upside versus the current price. It uses a $2.91 book value, a $1.75 stable EPS, and a weighted ROE of 47.89% against a $0.28 per-share cost of equity, producing an excess return of $1.47 per share. The model also applies a $3.65 stable book value. Analysts see Western Union battling digital rivals, but remittances still anchor cash flows and dividends. The story hinges on growth and risk, with a notably low P/E around 3.

Arista Networks Valuation Signals Overvaluation After Price Pullback, DCF Suggests $110 Value

January 13, 2026, 1:38 PM EST. Arista Networks' stock closed at $123.42, after a 7-day pullback of about 10%, with a 30-day decline near 1.1% and a year-to-date drop of 7.6%. It shows a 1-year return of 9.6% and a sizable 3-year gain. Simply Wall St assigns ANET a valuation score of 1/6. A two-stage Free Cash Flow to Equity model yields a latest twelve-month FCF of about $4.08 billion; forecasts to 2029 rise to $6.88 billion. Discounted to today, the intrinsic value is about $110.31 per share, implying the stock is roughly 11.9% overvalued vs the current price. Verdict: OVERVALUED.

Bitcoin hoard pushes Strive past Tesla into top 11 corporate holders

January 13, 2026, 1:37 PM EST. Strive (ASST) won shareholder approval to acquire Semler Scientific in an all-stock deal, transferring 5,048.1 Bitcoin to Strive. The company separately purchased 123 Bitcoin at an average price of $91,561, lifting holdings to 7,749.8 Bitcoin. Upon closing, combined holdings would total 12,797.9 Bitcoin, ranking it 11th among corporate holders. Strive intends to monetize Semler within 12 months and pursue repayment of a $100 million convertible note and a $20 million Coinbase loan. The board approved a 1-for-20 reverse stock split for Class A and B shares and plans to issue more perpetual preferred equity (SATA) to fund strategic goals. The stock fell 11.67% on the news, last trading at $0.97; day range $0.96-$1.17. Volume ran at 1.7x average, and the move shaved about $115 million from the company's valuation.

ASX IPOs start 2026 with a fizzer; fundies eye a few hopefuls

January 13, 2026, 1:35 PM EST. On Jan 14, 2026, the ASX initial public offering (IPO) window opened with Unity Metals, a small mining company with gold and copper assets in Cambodia and Thailand, listing at 20¢ a share and briefly peaking at 22¢ before finishing where it started. The muted debut underscored a cautious start to the year as talk of a RBA rate hike spooked investors and cooled appetite for new issues. The early float weakness mirrors a late-2025 trend of IPOs fizzling, though some fund managers say a few hopefuls could still emerge as the pipeline evolves.

Pinnacle rings NYSE opening bell after Synovus merger

January 13, 2026, 1:30 PM EST. Pinnacle Financial Partners rang the NYSE opening bell on Tuesday after finalizing its merger with Columbus-based Synovus. The $8.6 billion deal, completed Jan. 2, creates a single holding company and positions the combined firm among the nation's largest regional banks, according to NYSE officials. CEO Kevin Blair, Chairman Terry Turner and Chief Development Officer Chris Taylor led the ceremony; Blair previously served as Synovus CEO and president. The merged bank now operates under the Pinnacle name, underscoring the expanded footprint of the two firms.

Strive, Inc. and Semler Scientific win shareholder approval for all-stock acquisition; Bitcoin holdings rise toward 12,800

January 13, 2026, 1:28 PM EST. Strive, Inc. won shareholder approval to acquire Semler Scientific in an all-stock deal. Semler stockholders approved the merger; Strive will absorb Semler's 5,048.1 Bitcoin and has added 123 more Bitcoin for its treasury, bringing Strive's total to 7,749.8 Bitcoin. Combined, the company will hold 12,797.9 Bitcoin, likely ranking 11th among corporate holders and surpassing Tesla and Trump Media & Technology Group. Strive aims to monetize Semler's operating business within 12 months and pursue retirement of the $100 million convertible note and $20 million Coinbase loan, subject to conditions, while maintaining a simple Bitcoin-backed structure via SATA, the company's perpetual preferred equity instrument. CEO Matt Cole called the deal a milestone for shareholders; the board approved a 1-for-20 reverse split for the merged entity's Class A and Class B shares.

TSX clings to gains as miners, energy lift index; U.S. inflation in focus

January 13, 2026, 1:26 PM EST. Canada's TSX clung to midday gains, up 25.7 points to 32,900.40 as miners and energy stocks supported the tone, helped by higher gold and oil prices. The Canadian dollar slipped to 71.98 U.S. cents. Statistics Canada showed November building permits fell 13.1% to C$12.0 billion. Ottawa signaled diversification of trade away from the U.S., with Prime Minister Mark Carney due in China. On the TSX Venture Exchange, 1,094.18. Sector map mixed: energy +2.2%, gold +1.6%, materials +1.3%; industrials -1.2%, telecoms -0.8%, consumer staples -0.6%. In New York, the S&P 500 slipped while the Dow fell 322.14 to 49,268.06 and the Nasdaq rose 5.63 to 23,739.53. Markets weighed the CPI print and bets on the Fed holding rates.

Telix TLX hits oversold RSI of 29.6 as stock trades near $13

January 13, 2026, 1:24 PM EST. Telix Pharmaceuticals Ltd (TLX) flashed oversold on the Relative Strength Index (RSI) after trading as low as $13.25. The RSI fell to 29.6, under the 30 threshold that signals oversold conditions, while the SPDR S&P 500 ETF (SPY) hovered around 71.1. The stock's 52-week range runs from $13.25 to $20.93, with a last trade of $13.37. The setup echoes Warren Buffett's refrain to be fearful when others are greedy and vice versa. Some traders view the RSI reading as a sign selling may be exhausting and look for a near-term entry on the buy side, though volume and catalysts will stay decisive.