Unity Software Q4 revenue hits $609 million; loss $0.66 a share
January 16, 2026, 1:19 AM EST.Unity Software reported fourth-quarter results after the market close. Revenue rose 35% year over year to $609 million, beating the consensus estimate of $562.71 million. The company posted a quarterly loss of $0.66 per share. The top-line beat underscores demand for its platform, even as investors weigh profitability against growth. Management signaled expectations for continued expansion in software and services, while the company navigates a competitive environment and macro headwinds.
China pulls high-frequency trading servers from exchange data centers as regulators tighten controls
January 16, 2026, 1:17 AM EST. China's regulators are moving to curb speed advantages in equity and futures markets by forcing brokers to relocate servers for high-frequency trading clients out of exchange data centers. The Shanghai Futures Exchange and Guangzhou exchanges have directed brokers to remove high-frequency trading equipment by the end of next month, with all other clients required to relocate by April 30. The plan covers domestic HFT firms and international players such as Citadel Securities, Jane Street, and Jump Trading, which rely on proximity to exchange systems for faster execution. By removing proximity to exchange systems, authorities aim to reduce latency and level the playing field, while market watchers note potential impacts on execution speed and liquidity. Chinese shares traded lower after the announcement; copper futures prices were also affected.
Swire Pacific valuation after rally: fair value HK$79.50 vs current HK$72.40
January 16, 2026, 1:15 AM EST. Swire Pacific (SEHK:19) has drawn attention after recent moves, closing at HK$72.40 with positive returns over the last month and three months. The 1-day gain of 4.70% and 7-day gain of 9.53% reflect momentum across timeframes. A full narrative puts fair value at HK$79.50, suggesting the stock could be undervalued at current levels if Hong Kong property demand and Mainland China activity hold and if aviation earnings from Cathay Pacific and HAECO stay resilient. Analysts assume revenue growth of 6.8% annually over three years and a margin expansion from 1.4% to 12.8%. Yet the stock trades at a steep P/E of about 80x, well above peers, signaling valuation risk if sentiment cools.
Infosys climbs after FY26 guidance upgrade; brokers wary on near-term gains
January 16, 2026, 1:14 AM EST.Infosys shares rose over 5% after it raised its FY26 constant-currency revenue growth guidance to 3-3.5% and kept operating margins at 20-22%. At 11 a.m. IST, the stock traded near ₹1,680 on the BSE and NSE, up about 5%. ADRs (American Depository Receipts) climbed to $19.35 intraday. In Q3, net profit fell 2% year-on-year (YoY) to ₹6,654 crore, while revenue rose 9% to ₹45,479 crore. Brokers largely remained constructive: Nomura targets ₹1,810 (Buy); Elara Capital ₹1,770 (Accumulate); Emkay Global ₹1,750 (Buy). Some see Q4 growth at -1.7% to +0.2% to meet the revised outlook. The note flags the NHS deal and a possible Telstra JV as upside risks.
Two undervalued TSX stocks to buy in January 2026: Whitecap Resources and Restaurant Brands
January 16, 2026, 1:06 AM EST. Two undervalued TSX names sit at the center of January 2026 value ideas. Whitecap Resources (TSX: WCP) trades under 10x trailing and forward earnings and is a dividend champion. The stock blends growth from core oil and gas properties with income, supporting an all-weather portfolio. The author expects the dividend to grow further and notes the multiple remains attractive. The second pick is Restaurant Brands (TSX: QSR), owner of Tim Hortons in Canada and Burger King and Popeyes globally. With a forward P/E around 12.5, it trades like a mature name, but its growth profile is considered superior to many large-cap peers, making a bullish case. The takeaway: both offer value, income, and growth.
Dycom Industries: Is the 92% One-Year Surge Justified?
January 16, 2026, 1:04 AM EST.Dycom Industries' stock closed at $365.65, up about 92% over the past year, as investors weigh value against risk. A Discounted Cash Flow (DCF) valuation places intrinsic value at about $390.79 per share, suggesting the shares trade near fair value with roughly a 6% discount to that estimate. The stock's price-to-earnings ratio sits around 36.82x, indicating high growth expectations or elevated risk. Simply Wall St gives Dycom a valuation score of 1 out of 6, flagging multiple concerns in its full breakdown. Free Cash Flow is projected to rise from about $283.4 million trailing to roughly $938 million by 2035 under a two-stage model. The takeaway: valuation can swing with capital-goods demand and infrastructure spending, so investors should monitor developments and alert thresholds.
Evercore valuation under scrutiny after multi-year rally
January 16, 2026, 1:03 AM EST. Evercore (EVR) trades at US$383.12, a 266.9% five-year rise. The stock rose 4.8% last week and 13.6% in 30 days. A valuation check scores Evercore 1 of 6 on undervaluation. The assessment uses the Excess Returns model to estimate an intrinsic value of about US$403.22 per share, implying roughly 5% upside. The model starts from a Book Value of US$46.93 and a Stable EPS of US$22.25, with a weighted ROE of ~36% and a cost of equity of US$5.13. The analysis also chats about the P/E ratio as a quick gauge of how much investors pay for earnings. In short, the price-to-value gap looks small, and fair value can swing with deal momentum and investor sentiment.
AI-generated signals for MORE:CA (Mackenzie Core Resources ETF): near-31.99 long entry with 31.83 stop
January 16, 2026, 12:59 AM EST. Update on MORE:CA presents a long-term plan. Buy near 31.99 with a stop loss at 31.83; no short setup is offered. Updated AI-generated signals for the Mackenzie Core Resources ETF (MORE:CA) are timestamped January 16, 2026, 12:45 ET. Ratings across Near, Mid, Long terms are Strong. The plan lists no profit target (target n/a). A stop loss limits downside; a long entry bets on price appreciation. Traders should verify the timestamp and review the chart for MORE:CA to assess current action and risk.
Albertsons CEO says stock is undervalued as investors weigh Kroger merger fallout
January 16, 2026, 12:57 AM EST. Albertsons Chief Executive Susan Morris argued on the Q3 call that the stock is undervalued despite ambitious investments in AI and a private-label push. She cited a planning-and-shopping assistant and a near-30% private-label penetration as evidence of a structurally advantaged business. The claim echoes her earlier assertion after the Q2 results, but investors have yet to respond. Shares closed at $17.71, down more than 7% on the session and about 20% lower since Morris became CEO on May 1, 2025. The muted reaction comes as the failed Kroger merger looms over the outlook, with competition from discounters and specialty grocers keeping price sensitivity high. The stock's level roughly matches October 2022, when the Kroger tie-up fell apart.
GIFT Nifty flat at open; US gains, Asia mixed
January 16, 2026, 12:56 AM EST. Indian equities are set for a cautious, subdued start on 16 January 2026, with the Nifty 50 around 25,665 after yesterday's close. Dealers cite a technical blot near 25,700-25,800 as a barrier. The index faces downside risk toward 25,500-25,550; a break could open 25,400-25,450. Momentum remains bearish, with RSI and MACD signaling softening momentum. The Bank Nifty steadied near 59,580, with 59,900-60,000 seen as a stiff resistance and 59,300-59,400 as support. FIIs were net sellers of ₹4,781 crore on Jan 14, while DIIs bought ₹5,217 crore, offering some cushion. The India VIX fell to 11.32, signaling muted volatility and a likely range-bound session with selective moves. – Aakash Shah, Choice Broking.
Zigup Plc (ZIG.L) poised for ~29% upside in rental & leasing, analysts say
January 16, 2026, 12:54 AM EST. Zigup Plc (ZIG.L) trades at 380.5 GBp, within a 52-week range of 273.50-395.00 GBp. The stock carries a 53.06 RSI, with a 50-day MA of 366.82 and a 200-day MA of 339.14. Free cash flow runs at about $416 million, underpinning growth and flexibility. Revenue rose 2.90%; ROE is 8.10%. The forward P/E sits around 705.22, signaling high growth expectations and limited traditional valuation signals. The dividend yield is 6.94% with a payout ratio of 70.97%. Analysts rate Zigup 4 buys, 1 hold, with an average target of 491.00 GBp implying about 29% upside. The group focuses on EV and renewable energy services-rental, fleet management, maintenance, and related consulting-serving the UK, Spain, and Ireland.
PDD Holdings appears undervalued after pullback, DCF shows upside
January 16, 2026, 12:53 AM EST. Current price around US$107 a share leaves PDD Holdings potentially undervalued after a recent pullback, according to a two-stage Discounted Cash Flow (DCF) model. The model yields an intrinsic value of about US$349.09 per share, placing the stock roughly 69% below fair value. The P/E ratio stands at 10.39x, well under the industry average of about 20.04x for Multiline Retail. The analysis uses CN¥ cash flows: trailing twelve months FCF of CN¥111.44b, with forecasts to 2027 of CN¥164.55b and to 2035 of CN¥276.25b. Last year the stock rose 7.1%, but it has slipped in the near term (7-day drop 11.7%, 1-month drop 1.5%). Investors should weigh global e-commerce momentum against regulatory and competitive risks.
Lundin Mining: DCF Signals Overvaluation After 178% Year Rally
January 16, 2026, 12:52 AM EST. Lundin Mining trades at C$34.22 after a 178% surge in the last year, with 9.9% gains over the past week and 22.6% over 30 days. Year-to-date returns reach about 15.2%. The piece notes valuation concerns, with the stock scoring 0 of 6 on Simply Wall St's valuation checks. A Discounted Cash Flow (DCF) analysis using a 2-stage Free Cash Flow to Equity model yields an implied intrinsic value of C$16.37 per share, suggesting the stock is overvalued by about 109%. The report contrasts market momentum with fundamentals, and discusses the P/E ratio as a gauge of current earnings power. Overall, the analysis flags red flags for new or adjusted positions and frames valuation as central to the decision.
Astellas Pharma looks undervalued after 60.7% one-year gain (TSE:4503)
January 16, 2026, 12:51 AM EST. Shares of Astellas Pharma (TSE:4503) closed at ¥2,302, up about 60.7% in the last year and 8.1% year to date, with a 4.0% weekly gain. Simply Wall St's valuation flags a 2/6 score, suggesting limited upside from fundamentals. Its DCF model, using a 2-stage Free Cash Flow to Equity approach, places an intrinsic value of ¥4,644 per share, implying the stock is undervalued by ~50.4% relative to today's price. The stock trades at a P/E of 33.0x, above the industry average of 16.6x and the broader peer average of 21.1x, signaling higher priced assumptions. Investors are watching pipeline strength and balance sheet as the stock sits under evaluation, with valuation contrasts shaping risk and return perceptions.
Victoria PLC insider buys £99k stake; largest insider purchase in a year
January 16, 2026, 12:50 AM EST. Senior Independent Non-Executive Director Stephen Callaghan bought about £99,000 worth of Victoria PLC shares at £0.38 each, the largest insider purchase at Victoria in the last year. The stake lifts insider ownership to about 27% of the company, worth around £11 million, suggesting alignment with shareholders even as the business posts losses. The purchase came above the prevailing market price of around £0.35, signaling bullish sentiment at the time. Victoria insiders bought more than they sold over the past year, according to disclosures; insiders own a meaningful stake, though the stock carries risk, with 4 warning signs noted by analysts. Victoria trades on AIM under ticker VCP.
Bank of America appears ~16% undervalued after pullback, per Excess Returns valuation
January 16, 2026, 12:49 AM EST. Bank of America Corp. closed at $52.59, down 6.4% in 7 days and 4.1% in 30 days. The stock has a 1-year return of 15.4% but trails 3-year and 5-year gains. In the Excess Returns valuation, Bank of America uses a book value of $38.44, a stable EPS of $5.00, and a cost of equity of $3.82. The model yields an intrinsic value near $62.50, implying about a 16% undervaluation versus the current price. A traditional P/E check remains. The backdrop of higher rates, credit quality trends, and regulatory scrutiny shapes how this pullback sits against multi-year gains. The stock now looks undervalued on this method, though earnings trajectory will matter.
SLB valuation after Evercore upgrade and international contract wins
January 16, 2026, 12:47 AM EST. SLB rose after an Evercore ISI upgrade tied to its ChampionX integration and new international wins. Projects in Venezuela, Saudi Arabia and the Gulf of America accompany a pickup in momentum, with a 30-day return of 23.82% and a 90-day gain of 42.72%. The 5-year TSR stands at 114.32% while the 3-year TSR falls 12.50%, underscoring an uneven path. The stock trades near its 52-week high and carries an intrinsic discount flag of 48.8% with only a modest gap to the consensus target. A narrative puts fair value at $45.31 versus a close of $46.57, implying a small cushion. Risks include weaker upstream spending or slower ChampionX integration. The P/E is about 19x, hovering near peers.
REG – Euronext Dublin notices to noteholders for Nassau Euro CLO IV DAC
January 16, 2026, 12:46 AM EST. REG – Euronext Dublin has issued a notice to noteholders for Nassau Euro CLO IV Designated Activity Company. The document appears as a regulatory communication from the exchange, with data credits to market data and reference data providers. ICE Data Services supplies market data, while FactSet provides reference data and the CUSIP Database. Quartr hosts SEC filings and other documents, and TradingView supplies market visuals. Copyright notices come from FactSet, the American Bankers Association and other providers. The notice reflects routine regulatory communications for a structured credit vehicle listed in Dublin; no material market actions are described in this release.
Tyson Foods (TSN) looks undervalued on DCF as the stock sits near $60
January 16, 2026, 12:45 AM EST. Tyson Foods trades around $60.43 a share, with 5.3% return in the past week and 4.1% year-to-date. The stock's level prompts a valuation check. Our framework scores Tyson Foods at 2/6 on valuation. In a Discounted Cash Flow (DCF) view using a 2-stage Free Cash Flow to Equity model, the latest twelve-month FCF is about $780.2 million. Projected FCF reaches about $1.38 billion by 2035. Discounting these cash flows yields an intrinsic value of about $82.03 per share, meaning the shares trade at roughly a 26.3% discount to that value. The result flags the stock as undervalued on a cash-flow basis, though the broader P/E considerations are still part of the discussion. Full details appear in the valuation breakdown.
Sensex climbs as Reliance earnings eyed; Nifty near record high
January 16, 2026, 12:43 AM EST. Indian equities held modest gains in early trade on Tuesday as the Sensex rose 0.19% to 83,538.63 and the Nifty advanced 0.07% to 25,684.60, after both touched intraday highs. Investors awaited quarterly results from heavyweight Reliance Industries later in the day. Among Sensex components, Asian Paints led with a 3.76% jump to Rs 1,659.25, followed by Tech Mahindra, Mahindra & Mahindra, Trent and Adani Ports. In Asia, most benchmarks traded lower, with Japan's Nikkei down 0.44%, while Korea's Kospi rose 0.99% and Hong Kong's Hang Seng fell 0.25%. On Wall Street, major indices closed higher. The prior session saw the Sensex down 0.29% and the Nifty off 0.26%.
Singapore Airlines shares flat as Air India losses weigh on earnings; core demand remains robust
January 16, 2026, 12:42 AM EST. Singapore Airlines Ltd. stock hovered around S$6.50 as a mixed half-year report kept traders wary. For 1HFY2025/2026, turnover rose 1.9% YoY to S$9.7 billion, but profit collapsed 67.9% to S$238.5 million, hurt by the share of losses of associated companies, notably Air India. Free cash flow declined to S$817.6 million from S$1.17 billion a year earlier. The Air India stake, after the Vistara integration, remains the dominant swing factor, with FY2025 net loss of US$1.15 billion and a S$375.4 million negative equity contribution disclosed by SIA. On the plus side, core operating metrics improved: SIA Group passenger traffic rose 8.0% to 20.8 million and load factors stood at 87.7%, with yields edging lower to S$0.099 per passenger-kilometre.
Top stock picks for January 16, 2026: RBL Bank, UPL among recommendations
January 16, 2026, 12:41 AM EST. Markets slipped as risk-off sentiment persisted. Nifty and Bank Nifty traded with a downward bias amid persistent FII selling and geopolitical tensions, with investors tracking the Q3FY26 earnings season and India-US trade talks. The index formed a bearish candle and hovered near the 100-day EMA, with Nifty supports around 25,473 and resistance near 25,950-26,050. The Bank Nifty trades in a 58,700-60,400 range, with a break above/below guiding the next move. Bajaj Broking's picks: RBL Bank (buy 305-314, target 335, stop 291; 3 months) and UPL (buy 767-783, target 845, stop 734; 3 months). Fresh demand cited near 750-760 for UPL.
PepsiCo Valuation: DCF Indicates About 40% Undervalued at $146.57
January 16, 2026, 12:39 AM EST. PepsiCo's stock closed at $146.57, up 5.2% over the past week. A Simply Wall St valuation places PepsiCo at 2 out of 6 on a checklist. The piece weighs traditional metrics against a Discounted Cash Flow (DCF) model. Using trailing free cash flow of about $6.40 billion and a 2-stage forecast to 2035, the DCF yields an intrinsic value near $246.93 per share, implying roughly 40.6% undervaluation at current levels. The analysis anchors PepsiCo's long-term brand strength and global footprint in beverages and snacks. It notes the P/E angle remains relevant but depends on growth and risk assumptions. In short, the DCF signals value, but investors should weigh broader factors beyond any single model.
Infosys lifts Indian equities as benchmarks open higher; Nifty 50, Sensex gain
January 16, 2026, 12:38 AM EST. India's benchmarks opened higher on Friday, led by Infosys after strong quarterly earnings and an upgraded full-year revenue outlook. The Nifty 50 gained 0.12% to 25,696.05, and the Sensex rose 0.35% to 83,670.79 as of 9:15 a.m. IST. Infosys climbed about 4.5%, lifting the IT index around 2%. The company lifted its revenue forecast to 3%-3.5% from 2%-3%, citing steady discretionary tech spend and momentum in financial services. Nine of 16 major sectors were up at the open, with small- and mid-caps up 0.1% and 0.2%, respectively.
Unum Group (UNM) appears undervalued after three-year rally, intrinsic value suggests upside
January 16, 2026, 12:37 AM EST.Unum Group trades at US$77.39, down 3.7% last week and flat to slightly lower over the month, with a 0.2% gain year to date. Over five years the stock delivered very strong gains, roughly tripling in value over three years. A valuation model based on Excess Returns yields an intrinsic value of about US$168.17 per share, implying a roughly 54% discount to the current price and signaling the stock as undervalued. The framework uses a book value of US$64.56, stable EPS of US$8.66, ROE of 11.56% and a cost of equity of US$5.21. The stock trades at a P/E of 14.18. A value score of 4/6 accompanies the call.
Alexandria Real Estate Equities undervalued after DCF fair value of $81.47; shares at $57.26
January 16, 2026, 12:36 AM EST. Alexandria Real Estate Equities (ARE) traded at $57.26 after a 7.5% weekly gain and a 21.9% monthly rise, but its one-year and three-year returns remain negative. A 2-stage Free Cash Flow to Equity (DCF) model, based on trailing free cash flow of $1.63 billion and projections to 2035, puts an intrinsic value of $81.47 per share. The gap implies a ~29.7% discount to the current price, signaling the stock is undervalued on cash flow. The analysis notes a P/S ratio offers a practical cross-check for revenue in real estate where earnings can swing on non-cash items. Sentiment tracks a broader reassessment of life sciences real estate.
Sensex, Nifty edge up as FPI selling persists; mixed cues and muted budget bets
January 16, 2026, 12:35 AM EST. Indian equity benchmarks opened marginally higher as persistent FPI selling, mixed global cues and limited budget expectations kept risk appetite in check. The Nifty 50 rose 0.12% to 25,696.05; the Sensex opened at 83,670.79, up 0.35%. Analysts described a wait-and-watch session ahead of the Union Budget 2026, with IPOs seen as a short-term lift but not a major catalyst. Sectoral moves were mixed: IT led gains, while Auto, Pharma and Media lagged. Q3 results due today include Reliance, Wipro and others. On flows, FIIs sold on January 14, while DIIs were net buyers. Globally, easing Iran tensions and solid US earnings supported markets, though Asian equities were mixed, keeping Indian indices cautious even as chatter around a potential EU-US trade deal offered a hopeful headline.
QXO prices 31,645,570-share common stock offering at $23.80 per share
January 16, 2026, 12:34 AM EST. QXO, Inc. priced its public offering of common stock at $23.80 per share, selling 31,645,570 shares. The deal includes an option for the underwriter to purchase up to 4,746,835 additional shares at the same price. The offering is expected to close on January 20, 2026, subject to customary closing conditions. BofA Securities is the sole underwriter. Proceeds are earmarked for general corporate purposes, which may include acquisitions. The sale is being made by means of a prospectus supplement to QXO's Form S-3ASR registration statement filed with the SEC. The press release notes forward-looking statements and cautions about risk factors.
Sensex rises around 700 points as Infosys-led IT rally lifts markets
January 16, 2026, 12:33 AM EST. Share markets opened higher on Friday, with the S&P BSE Sensex up 709.60 points to 84,092.31 and the NSE Nifty50 up 195.50 to 25,861.10. The advance followed a rally in IT stocks, led by Infosys after it lifted its full-year revenue outlook to 3%-3.5% from 2%-3%. Infosys' U.S. ADR surged about 10% after the earnings release, even as quarterly net profit fell 2.2% to Rs 6,654 crore. The company cited healthy demand, client technology spend, and AI-related deal wins with Adobe and Siemens. The broader IT index jumped, with firms like Tech Mahindra, HCLTech and Mphasis posting gains. Other heavyweight names provided support, helping turn earlier losses into an across-the-board uptick.
Belo Sun Mining shares drop 22% on Thursday; TSE:BSX
January 16, 2026, 12:32 AM EST. Belo Sun Mining Corp (TSE:BSX) slid 22.2% on Thursday, trading as low as C$0.40 and closing near C$0.56 as about 6.3 million shares changed hands, up roughly 479% from the 1.09 million average. The move followed a prior close of C$0.72. The company lists a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 13.04, with a market cap of C$263.64 million. Valuation shows a negative P/E of -28.00 and a PEG of -0.33; beta is 0.98. The 50-day and 200-day moving averages are C$0.51 and C$0.37. Insider buys: La Mancha Investments S.à R.L. acquired 119,000 shares at C$0.32, lifting direct holding to about 88.32 million shares. Analysts expect -0.01 EPS this year.
Agnico Eagle Mines valuation under scrutiny after momentum rally
January 16, 2026, 12:31 AM EST.Agnico Eagle Mines (AEM) has built momentum. The stock is near $200.42, with a 30-day gain of 20.4%, year-to-date 17.6% and a 1-year total shareholder return of 141.1%. Annual revenue reached about $10.57 billion and net income roughly $3.45 billion, with single-digit growth in both metrics. A market narrative pegs fair value near $197.08, leaving the shares slightly above that point and implying a modest premium to forecasts. Upside hinges on higher gold prices and smooth project execution, while weaker prices or delays could erode gains. Analysts point to margin expansion and stronger free cash flow if commodity pricing holds. Investors may want to compare Agnico Eagle Mines with other gold producers for context.
Sensex climbs as Nifty clears 25,700; IT and banking lift markets; BHEL starts Vande Bharat sleeper train supply
January 16, 2026, 12:29 AM EST. Indian shares extended gains on Friday, with the BSE Sensex up about 375 points and the NSE Nifty 50 index 87 points higher, lifting the benchmark above the 25,700 level. The moves were led by IT and banking stocks; Infosys, Tech Mahindra and HCLTech climbed, while Sun Pharma, Eternal and Bharti Airtel underperformed. The Bank Nifty recovered, and the BSE Midcap and Smallcap indices inched higher as well. The rupee traded around Rs 90 per dollar. In corporate news, BHEL said it has begun supplying traction transformers for the Vande Bharat Sleeper Train project, marking a step into semi-high-speed rail with production centred in Jhansi and Bengaluru, and final assembly in Kolkata.
Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a muted start; Asian shares trade mixed
January 16, 2026, 12:28 AM EST. GIFT Nifty indicates a muted start for Indian equity futures as domestic cues remain tentative and global markets swing. Across Asia, shares are mixed as investors parse central-bank signals and inflation readings. In bullion, standard gold (22K) priced at Delhi Rs 1,07,880 per 8 grams, while pure gold (24K) trades at Rs 1,16,216 per 8 grams. Mumbai quotes Rs 1,07,152 for 22K and Rs 1,15,504 for 24K; Chennai Rs 1,06,600 (22K) and Rs 1,14,824 (24K); Hyderabad Rs 1,06,544 (22K) and Rs 1,14,840 (24K). Note: 24K is pure gold; 22K refers to standard fineness with alloy. These bullion prices reflect today's trades in major Indian markets.
Citi sees India IPO market reaching $15-20 billion in 2026; ECB reforms could widen debt issuance
January 16, 2026, 12:27 AM EST. India's equity IPO market could hit $15-20 billion in 2026, potentially a new record, Citi said, with several large transactions likely. 2025 raised about Rs 1.95 lakh crore across 360+ issues, led by Tata Capital, HDB Financial Services and LG Electronics, reflecting strong domestic participation despite foreign selling. On the debt side, Citi sees regulatory change to ECBs (external commercial borrowings) as a trigger for offshore issuance, broadening access to issuers such as real estate. The rupee appears oversold; tariff-related uncertainty has weighed on sentiment, and a lift could spark a rebound. Net FPI inflows into equities are likely positive only if valuations stay attractive; foreign exposure has already fallen. The outlook rests on earnings growth and macro stability, Citi executives said.
Torrent Power (NSE: TORNTPOWER) Stock Rises as ROE Signals Growth
January 16, 2026, 12:26 AM EST. Torrent Power Ltd (NSE: TORNTPOWER) shares rose about 5% over the past month as investors weigh its fundamentals. The company posted a trailing twelve-month ROE of 16% as of September 2025, with net profit of ₹30 billion on ₹194 billion of shareholders' equity. The ROE outpaces the industry average of 11%, helping drive five-year net income growth of 27%. By comparison, the sector's earnings growth grew about 7.7% in the same period. Analysts note a low payout ratio and efficient management as potential growth accelerants. Investors also assess the stock's valuation using the price-to-earnings metric to gauge whether the market has priced in the expected earnings growth.
Hershey valuation under scrutiny after price rebound; fair value around $194
January 16, 2026, 12:25 AM EST. Shares of Hershey have rebounded, with the stock around $201 and momentum returning after an 8.8% 7-day gain and a 10.2% year-to-date rise. The review sees a modest premium to the narrative Fair Value of about $194.35, suggesting the price sits slightly above a modeled intrinsic value. The Future P/E has edged up to roughly 25.94x as investors price in earnings growth, though the report flags headwinds. High cocoa costs and a softer consumer backdrop are key risks that could test pricing power and earnings resilience. While the long-run outlook supports some upside, the current level leans toward overvaluation given trimmed growth assumptions. Investors are advised to compare the data against alternative scenarios and screens.
Stock Market Live Updates: IndusInd Bank at ₹944.60 as Sensex, Nifty edge higher on Jan 16, 2026
January 16, 2026, 12:23 AM EST. Live market feed: IndusInd Bank trades near ₹945 as Sensex and Nifty push higher in early trade. The headline today shows UNLOXCYT (cosibelimab-ipdl) in the US, sending Sun Pharma shares down about 1%. The rupee weakens to 90.44 per dollar. L&T Hydrocarbon Onshore wins a large Petronet LNG contract, keeping shares flat. Silver slips after a tariff pause in the US, but the metal is set for a strong weekly gain. The Opening Bell shows the Sensex up about 200 points and the Nifty up ~42. Infosys provides a quarterly update: strong large deals, guiding upgrades, and higher CC revenues (CC = constant currency). The Netflix-Sony streaming deal adds to post-theatre momentum. Investors eye IndusInd Bank as a potential catalyst.
Sensex, Nifty rise as crude falls and India-EU FTA talks near conclusion
January 16, 2026, 12:22 AM EST. Mumbai, Jan 16 – The Sensex rose 239 points to 83,622 and the Nifty gained 50 points to 25,715 as crude prices cooled and expectations grew for an India-EU FTA later this month. IT led, up about 2%, with the realty index firm. Broader markets were cautious; midcaps and smallcaps edged higher, while media, metal and pharma slipped. Analysts said there is no major trigger for a broad rally, with FII selling seen as a near-term headwind and DII buying offsetting some of it. Support sits at 25,500-25,550; resistance at 25,800-25,900. Global peers were mixed. FIIs sold Rs 4,781 crore on Jan 14, while DIIs bought Rs 5,217 crore, providing some balance.
US stocks slide as Iran tensions mount; Nasdaq leads decline, oil rises
January 16, 2026, 12:20 AM EST. US equities slipped as Iran tensions mounted, with the Nasdaq down about 1.5% in late trading. A positive CPI report failed to sustain the bid, reinforcing a cautious mood and a broader risk-off tone for the Dow and the S&P. Volatility rose as investors weighed geopolitics against policy headlines and earnings. Oil traded above $62 a barrel, roughly 10% higher on the week, underscoring how geopolitics is shaping markets. JPMorgan's Jamie Dimon flagged geopolitical risk as a persistent headwind across assets, while traders reassessed last week's rally against ongoing scrutiny of the Fed and Chair Powell.
3 Industrials Stocks We Keep Off Our Radar
January 16, 2026, 12:19 AM EST. Industrial names have momentum as lower rates spur capital spending. Over six months, the sector rose 19.9%, beating the S&P 500 by 8.3 percentage points. Three industrials are highlighted as worth avoiding. RKLB (Rocket Lab) shows a suboptimal cost structure and ongoing operating-margin losses; EPS has fallen about 33.4% annually over the past three years, and cash burn clouds profitability. The stock trades at $89.96 and about 58.1x forward P/S (price-to-sales). KMT (Kennametal) registers roughly 2.3% annual sales declines for two years, weak organic growth, and a 4.7% annual EPS drop; at $33.45 it trades around 19.7x forward P/E. CCK (Crown Holdings) delivers flat constant-currency revenue, 3.4% estimated sales growth next year, and 20.5% gross margin; at $104.15 it trades about 12.9x forward P/E. Investors may rethink the trio when the cycle turns.
Goldman Sachs maps five-year investment themes
January 16, 2026, 12:16 AM EST. Goldman Sachs' latest five-year thesis centers on productivity gains and the reallocation of capital toward durable themes. It highlights AI and automation as long-term drivers of corporate margins. It elevates infrastructure spending, from grids to logistics, as a reliable growth backdrop. The energy transition is framed as a multi-year capital cycle, with batteries, EV supply chains, and low-carbon power projects part of the core. In health care, biotech and digital health offer upside, while emerging markets provide cyclical leverage as commodity cycles turn. The bank stresses disciplined risk management, favoring quality cash flows, selective exposure to private markets, and a stepwise, theme-based allocation rather than broad index bets.
Metaplanet stock forecast 2026-2030: Bitcoin treasury drives outlook
January 16, 2026, 12:15 AM EST. Metaplanet Inc (3350) traded at ¥540.3 at 3:15pm UTC on 12 January 2026 on Capital.com's JPY CFD feed, near the day's top of range as activity follows the company's shift to a bitcoin treasury model. The firm reported about $451.0 million in bitcoin purchases in Q4 and roughly $55.0 million in revenue from derivatives, alongside legacy hotels and Web3. Third-party targets as of 12 January 2026 show wide dispersion. Yahoo Finance and Investing.com peg a 12-month average near ¥1,927.50 (highs ~¥2,400, lows ~¥1,455). TradingView points to ~¥923-¥935 for 2027, while StockGuide's multi-year read sits near ¥964 for 2026-2027. Market sensitivity remains tied to crypto moves and treasury actions. (DLNews, 6 January 2026)
Benchmark lifts Sandisk price target to $450; analysts see upside
January 16, 2026, 12:14 AM EST.Sandisk opened at $387.81 on Thursday. Benchmark raised its price objective to $450 from $260 and kept a buy rating, signaling roughly 16% upside at the current price. The note follows multiple broker initiations and target moves. Royal Bank of Canada began coverage with a sector perform rating (a neutral stance relative to peers) and a $400 target. Wells Fargo lifted its target to $230 and assigned an equal-weight rating. Wedbush increased to $260 with an outperform tag; Sanford C. Bernstein to $580 with an outperform; Morgan Stanley to $273 with an overweight. MarketBeat cites a consensus Moderate Buy and a $308.95 target. Insider Necip Sayiner sold 1,271 shares on Dec 3, trimming his stake. Sandisk reported quarterly earnings of $1.22 per share on $2.31B revenue, beating estimates.
US stocks rebound as Dow, S&P 500 and Nasdaq rally on AI-led chip lift
January 16, 2026, 12:13 AM EST. US stocks closed higher after a four-day loss, with the Dow up 118.30 points to 49,267.93, the S&P 500 at 6,964.54, up 0.55%, and the Nasdaq 23,670.02, up 0.84%. Semiconductors led the rally after TSMC delivered a record quarter with a 35% profit jump, reviving confidence in AI demand despite geopolitical and trade uncertainty. Softer oil and stronger labor data supported risk appetite, helping growth and financials. BlackRock eclipsed $14 trillion in assets, and Brent crude slid, framing a "goldilocks" backdrop for equities. Investors shifted from macro concerns toward earnings strength and fundamentals, lifting sentiment across major indices.
ImmunityBio stock jumps after Anktiva revenue surges ~700% on prelim 2025 results (IBRX)
January 16, 2026, 12:12 AM EST. ImmunityBio Inc. (NASDAQ: IBRX) closed at $3.95 on Thursday, up about 31% after preliminary 2025 results showed roughly 700% growth in Anktiva revenue and a quarterly sales beat. Volume surged to 70.4 million shares, about 442% above the three-month average. The move came as the S&P 500 and Nasdaq logged modest gains. Biotech peers Incyte and Vertex lagged, ending lower. Management projects full-year sales growth driven by Anktiva, with revenue rising from $15 million in 2024 to $113 million, a roughly 20% quarter-over-quarter increase. Separately, Saudi Arabia approved Anktiva, and positive non-small cell lung cancer data could broaden geographic reach and indications, though the stock remains volatile.
ECB keeps policy at a standstill as Fed risk looms over euro outlook
January 16, 2026, 12:09 AM EST. ECB chief economist Philip Lane said there will be no near-term debate on rates as long as the economy stays on track, with policy unchanged after the June pause and inflation hovering near the 2% target. He warned that shocks, including a possible departure by the Federal Reserve from its mandate, could derail the outlook and raise the term premium for the euro. Lane noted the Fed's dual mandate of maximum employment and price stability, and expressed confidence in its policy while expecting the euro area to see stabilized inflation around 2% and a stronger cyclical recovery in the coming years, though growth remains structurally weak. The deposit rate is fixed at 2%, and markets see no hike this year.
Circle Internet Group (CRCL) stock falls 7.9% as analysts cut targets; insiders sell
January 16, 2026, 12:08 AM EST. Circle Internet Group, Inc. (NYSE:CRCL) fell 7.9% to about $78 in mid-day trading, after dipping to $79.32. Volume ran around 6.9 million, below the 8.0 million average. The stock previously closed at $84.80. In analyst ratings, Deutsche Bank cut its price objective to $90 with a Hold; Robert W. Baird to $110 neutral; Wolfe Research initiated with Underperform and a $60 target; Goldman Sachs lifted its target to $88 with a Neutral rating; Citigroup began with Market Perform. MarketBeat shows an average Hold rating and a $139.29 target. The 50-day and 200-day moving averages sit at $82.38 and $127.45, respectively; market cap $18.04B; P/E -33.46. In earnings, CRCL posted $0.64 EPS on $739.8M revenue, up 65.9% year over year. Insider activity included CAO Tamara Schulz selling 4,438 shares; Allaire also sold shares.
US stocks rise as Nvidia-led tech helps lift S&P 500 and Dow on Thursday
January 16, 2026, 12:07 AM EST. US stocks steadied and edged higher on Thursday, led by gains in large-caps. The S&P 500 +0.3% to 6,944.47; the Dow +0.6% to 49,442.44; the Nasdaq +0.2% to 23,530.02. Nvidia and other former tech leaders helped lift the market after Taiwan Semiconductor Manufacturing Co. reported strong profits and investment plans. Oil eased on hopes for calmer tensions in Iran, easing inflation fears; Treasury yields and the Russell 2000 rose after upbeat U.S. data. For the week, the S&P 500 -0.3%, the Dow -0.1%, the Nasdaq -0.6%, the Russell 2000 +0.9%. For the year, the S&P 500 +1.4%, the Dow +2.9%, the Nasdaq +1.2%, the Russell 2000 +7.8%.
Frencken Group (SGX:E28) up 12% in a week as earnings lag three-year trend
January 16, 2026, 12:04 AM EST. Frencken Group (SGX:E28) rose about 12% over the past week, but underlying fundamentals show a slower trajectory. Over three years, EPS declined about 10% on an annualized basis, and revenue growth averaged roughly 2.1%. The modest 1.6% dividend yield offers limited support to the share price. TSR over three years stands at roughly 83% thanks to dividends, while the last year delivered about 49% TSR including dividends. There was notable insider buying in the last three months, a positive signal, though analysts flag that earnings and revenue momentum remain weak. The market may be pricing stock on sentiment as much as cash flow and growth prospects.
Jefferies trims Quanta Services price target to $506; Buy rating remains as analysts weigh outlook
January 16, 2026, 12:02 AM EST. Quanta Services (NYSE:PWR) rose after Jefferies Financial Group cut its price target to $506 from $517 while keeping a Buy rating, implying about 13.1% upside from Tuesday's $447.28 mid-day price. Other analysts offered mixed views: Sanford C. Bernstein trimmed target to $428 with a Market Perform rating; JPMorgan Chase raised its rating to Overweight and lifted its target to $515; Truist boosted its target to $521 with a Buy; Stifel Nicolaus set $495; Evercore ISI lifted to $480 with an Outperform. MarketBeat shows an average rating of Moderate Buy and a $449.57 target from 14 Buy and 10 Hold. Quanta traded 784,718 shares on the day, with a 12-month range of $227.08-$473.99. The company sports a $66.7B market cap, P/E of 66.26, and FY2025 EPS guidance of about 10.33-10.83; analysts expect 9.34 EPS.
COFORGE.NS pre-market slip; AI deals could spark rebound
January 16, 2026, 12:01 AM EST. COFORGE.NS trades at INR 1681.60 in pre-market, down 1.57% on 16 Jan 2026, with an intraday range of 1673.40-1729.20 and volume of 1.90 million. The stock remains below its 50-day (1794.54) and 200-day (1723.89) averages, signaling near-term pressure. Market cap around INR 563 billion; shares outstanding about 334.8 million. Earnings due Jan 22. Valuation stays rich: trailing EPS 32.41, PE ~51.89; debt/equity 0.14, current ratio 1.57; P/B 8.16, P/S 3.91. RSI 41, MACD negative, ADX 31.48 suggest a downtrend. Short-term support near INR 1,550 and resistance near INR 1,900. Meyka AI rates COFORGE.NS 71.39/100 (BUY) with upside to ~INR 2,013 (+19.7%). AI services and large deals could spark a rebound.
