Here’s what’s happening in the stock market today:
US stock futures are edging lower this morning amid pressure from Intel's disappointing earnings and lingering geopolitical concerns. Gold prices have hit fresh records as a safe-haven asset, while oil continues to face downward pressure. Markets reflect caution after yesterday's gains, with investors eyeing key data releases today.
Major Indices 📊
Dow Jones futures dip slightly by around 0.1-0.4%, following yesterday's 0.6% close at 49,384.
S&P 500 futures show minimal change to down 0.2%, after gaining 0.6% to 6,913 yesterday.
Nasdaq futures pressured lower by 0.1-0.2%, impacted by tech weakness post a 0.9% rise to 23,436.
Market Movers 🚀
Intel plunges about 13% in premarket on wider-than-expected Q1 loss and weak outlook.
Top premarket gainers include small caps like Ascent Solar (up 53.9%), Captivision (52.1%), and Rubico (7.6%).
Yesterday's Dow standouts: 3M up 3.1%; broader sectors like Communication Services gained 1.6%.
Key Events 🗞️
Intel's earnings miss weighs on semis, with further losses forecast for next quarter.
US services PMI data due later, alongside global PMIs from Germany and Taiwan, influencing Fed rate bets.
Geopolitical risks rise under President Trump, including tariffs and defense spending hikes, though markets remain calm.
Investor Sentiment 👀
Cautious tone prevails with subdued futures, balancing recent highs against tech earnings volatility and macro data.
Gold surges to $4,934/oz on haven demand, oil dips amid demand worries, highlighting inflation and risk-off flows.
TRADE OF THE DAY:
BE
Name: Bloom Energy Corporation
Symbol: BE
Current Price: Approximately $144.00
Trade
Sell to Open: 1 BE Jan 30, 2026 124/119 Put Vertical
Total Credit Received: $37.00
Credit per Contract: $37.00 (1 contract = 100 shares)
Direction: Bullish
Probability of Profit (PoP): 83.81%
Potential ROI:
Max Risk (Loss): $463.00
ROI: ($37.00 ÷ $463.00) × 100 ≈ 8.0%
Trade Explained in Simple English:
This is a bullish put credit spread on Bloom Energy expiring January 30, 2026. You sell the 124 put and buy the 119 put, collecting $37 upfront. The trade profits if BE closes above about $123.63 at expiration, allowing both options to expire worthless. Your maximum profit is capped at $37, while your maximum loss is limited to $463 if the stock falls below $119.
Wall Street Highlights:
News Beyond the Numbers
Capital One agreed to acquire corporate card startup Brex for $5.15 billion in a mix of cash and stock, marking a significant expansion in the fintech lending space. Read more.
Intuitive Surgical reported better-than-expected Q4 earnings of $2.53 per share and revenue of $2.87 billion, fueled by demand for its robotic surgical systems. Read more.
Ericsson delivered a Q4 profit surpassing forecasts, raised its dividend, and announced a $1.7 billion share buyback program to return value to shareholders. Read more.
BitGo's shares surged 25% on their NYSE debut, valuing the crypto custody firm at $2.1 billion amid renewed investor enthusiasm for digital assets. Read more.
GSK announced plans to acquire RAPT Therapeutics for $2.2 billion in stock, gaining global rights to the biotech's experimental food-allergy treatment. Read more.
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