Rivian Automotive Inc (NASDAQ: RIVN) is pushing aggressively to the upside this morning after recording a blockbuster Q4 that signalled an "inflection point†, but UBS is keeping the champagne on ice. ...

Core Viewpoint - Micron stock (NASDAQ: MU) has experienced a pullback following a significant run that had positioned the memory-chip maker as a momentum favorite in the market [1] Company Summary - The recent performance of Micron stock indicates a shift from a strong upward trend to a pullback phase, suggesting potential volatility in investor sentiment [1]

Core Insights - Air Canada is experiencing a notable rise in corporate traffic, particularly on international routes, as Canada aims to diversify its trading partners beyond the United States [1] Company Summary - The increase in corporate traffic indicates a strategic shift for Air Canada, aligning with Canada's broader economic goals [1]

Core Insights - Nvidia stock (NASDAQ: NVDA) experienced a decline as traders took profits after a period of strong performance, reinforcing its status as a "crowded winner" in the AI-chip sector [1] Group 1: Company Performance - Nvidia's stock price fell on Friday, indicating a profit-taking move by investors following a successful run [1] - The company has been recognized as a leader in the AI-chip market, contributing to its recent stock performance [1] Group 2: Market Context - The decline in Nvidia's stock is part of a broader market trend where investors are locking in gains across various sectors [1]

Core Viewpoint - US consumer price inflation eased more than expected in January, providing some relief to markets, but underlying price pressures remain firm, indicating that interest rates are likely to stay unchanged for now [1] Group 1: Inflation Data - Consumer prices rose by 2% in January, according to data from the Labor Department [1] Group 2: Market Implications - The easing of inflation offers markets some relief, but strong job reports suggest that interest rates may not change in the near term [1]

Core Insights - Coinbase stock price has experienced a significant decline, reaching a low of $141, marking its lowest level since February 2024 [1] Company Summary - The financial results released by Coinbase have contributed to the ongoing drop in its stock price [1]

Dow futures pointed lower ahead of Friday's CPI inflation report, setting up a tense open after a bruising tech-led selloff the prior session. The trend was similar across the futures of all indices as S&P 500 futures slid 0.41% to 6,822 and Nasdaq-100 futures eased 0. ...

Core Viewpoint - Major tech companies like Amazon, Microsoft, and Alphabet (Google's parent) are trying to reassure investors about the profitability of their AI investments, but investor patience is waning as capital spending plans for 2026 increase [1] Group 1: Company Insights - Amazon, Microsoft, and Alphabet have been actively communicating their strategies and expectations regarding AI development to investors [1] - The companies are facing challenges as the market's tolerance for high capital expenditures diminishes [1] Group 2: Industry Trends - The overall trend in the tech industry indicates a growing concern among investors regarding the return on investment from AI initiatives [1] - Capital spending plans for 2026 are projected to rise, which may further strain investor confidence [1]

Core Viewpoint - The Trump administration is considering adjustments to its steel and aluminium tariff policies due to increasing pressure from businesses, global allies, and lawmakers [1] Group 1: Tariff Adjustments - The administration is reviewing the duties imposed last year, particularly those affecting derivative products made from steel and aluminium [1] - Companies have expressed concerns that these tariffs are challenging to calculate and enforce [1]

Group 1 - The FTSE 100 Index is maintaining a tight range near its all-time high, influenced by the financial results of major British companies [1] - Key companies such as Barratt, Redrow, AstraZeneca, BP, and Barclays have recently published their financial results [1] - The index showed volatility following the release of a relatively weak GDP report by the Office of National Statistics (ONS) [1]