US stock market today: Dow slips below 50,000 as S&P 500 and Nasdaq rise - The While blue-chip industrials faced selling pressure, gold futures surged 1.44% to reclaim the $5,000 per ounce level, fueled by a massive year-end forecast upgrade to $6,300 from Wells Fargo. Simultaneously, Bitcoin experienced a "freefall" in relative terms, dropping 2.14% to sit at $69,144, as the digital asset struggled to maintain the $70,000 support level amid a broader "risk-off" rotation. The market’s unease is palpable as ...

US stocks turned higher on Monday, after a turbulent week that ended with the Dow closing above 50,000 for the first time as investors face another busy schedule of earnings and economic data. The S&P 500 (^GSPC) rose around 0.5%, while the tech-heavy Nasdaq Composite (^IXIC) gained nearly 1%. The Dow Jones Industrial Average (^DJI) hovered around the flatline, keeping above its milestone. Wall Street continues to debate the AI disruption risk to software companies, with a sharp decline in shares of Mon ...

U.S. stock futures dropped on Monday following Friday’s sharp rebound. Futures of major benchmark indices were lower.The decline follows a positive close across indices in Asia, with the Nikkei 225 breaking the 57,000-point barrier for the first time, fueled by Prime Minister Sanae Takaichi‘s landslide election victory and a high-profile endorsement from President Donald Trump. Meanwhile, the 10-year Treasury bond yielded 4.22%, and the two-year bond was at 3.50%. The CME Group's FedWatch tool‘s projections ...

U.S. stock futures dropped on Monday following Friday’s sharp rebound. Futures of major benchmark indices were lower.The decline follows a positive close across indices in Asia, with the Nikkei 225 breaking the 57,000-point barrier for the first time, fueled by Prime Minister Sanae Takaichi‘s landslide election victory and a high-profile endorsement from President Donald Trump. Meanwhile, the 10-year Treasury bond yielded 4.22%, and the two-year bond was at 3.50%. The CME Group's FedWatch tool‘s projections ...

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:Check out our premarket coverage hereAfter the markets close, Aecom (NYSE:ACM) is projected to post quarterly earnings at $1.17 per share on revenue of $3.61 billion. Aecom shares gained 2.4% to close at $101.03 on Friday.Analysts expect ON Semiconductor Corp. (NASDAQ:ON) to post quarterly earnings at 62 cents per share on revenue of $1.54 billion after the closing bell. ON Sem ...

Group 1: PBCM Performance - Pelican Bay Capital Management (PBCM) reported a return of 8.5% for its Concentrated Value Strategy in Q4 2025, outperforming the Russell 1000 Value Index which returned 3.8% [1] - For the full year 2025, the Strategy achieved a return of 20.6%, compared to 15.9% for the Index [1] - The strong performance was attributed to AI-related stocks and commodities exposure [1] Group 2: ON Semiconductor Corporation - ON Semiconductor Corporation (NASDAQ:ON) specializes in intelligent sensing and power solutions, with a market capitalization of $25.806 billion [2] - As of February 5, 2026, ON's stock closed at $63.10 per share, with a one-month return of 1.51% and a twelve-month increase of 23.12% [2] - PBCM decided to exit its position in ON Semiconductor after holding it for nearly two years due to prolonged downturn in Electric Vehicle (EV) demand [3] Group 3: Market Sentiment and Hedge Fund Activity - ON Semiconductor is not among the 30 Most Popular Stocks Among Hedge Funds, with 45 hedge fund portfolios holding it at the end of Q3 2025, down from 50 in the previous quarter [5] - While ON Semiconductor is recognized for its potential, PBCM believes certain AI stocks present greater upside potential and lower downside risk [5]

Group 1 - The core point of the news is the significant drop in precious metal prices, with gold experiencing its largest single-day decline in 40 years and silver hitting a historic intraday drop of 36% [1][2][4] - On January 31, spot gold prices fell over 12%, reaching a low of $4682 per ounce, while closing down 9.25% at $4880 per ounce [2][4] - Spot silver prices dropped to a low of $74.28 per ounce, closing down 26.42% at $85.259 per ounce [4][8] Group 2 - The sell-off in precious metals was triggered by the strengthening of the US dollar, following the announcement of Kevin Walsh as the new Federal Reserve Chairman, which raised concerns about the Fed's independence [4][6][7] - The dollar index saw a significant increase, marking its largest single-day rise since July of the previous year, which negatively impacted investor confidence in gold and silver [4][5] - The market was already experiencing a demand for a correction, and the combination of factors, including the Fed chair nomination and broader capital flow dynamics, acted as a catalyst for profit-taking [4][6] Group 3 - The broader US stock market also faced declines, with major indices closing lower due to uncertainties surrounding Federal Reserve policies, inflation pressures, and geopolitical risks [5] - The gold sector saw substantial losses, with major companies like Barrick Gold and AngloGold experiencing declines of over 10% [5] - The sell-off in precious metals was characterized by panic selling and profit-taking, particularly among leveraged positions, which exacerbated market volatility [8][12]

Core Thesis - Ondas Inc. is positioned as a leader in autonomous systems and industrial connectivity, focusing on defense, public safety, and critical infrastructure markets, with shares trading at $10.64 as of February 2nd [1][2]. Group 1: Company Overview - Ondas Inc. provides private wireless, drone, and automated data solutions both in the U.S. and internationally, targeting high-growth segments in the defense and security ecosystem [2]. - The company develops advanced drone systems, counter-drone solutions, ground robotics, and private mission-critical networks [2]. Group 2: Revenue Segments - The Autonomous Solutions (OAS) segment is the primary revenue driver, having expanded through acquisitions such as American Robotics and Airobotics, enabling 24/7 autonomous monitoring and data capture [3]. - Ondas Networks (ON) offers licensed private communication networks for critical infrastructure, particularly in railroads and utilities, and has a partnership with Siemens Mobility [4]. Group 3: Market Opportunities and Risks - Ondas benefits from strong secular tailwinds, including U.S. government drone purchases and sustained defense spending, alongside industrial modernization [5]. - Risks include regulatory challenges, competitor advancements, and reliance on concentrated contracts [5]. Group 4: Financial Performance - Ondas is in an early-stage growth phase with negative earnings but a cash runway of $433 million and rapidly expanding revenues, with OAS growing 3,624% year-over-year and ON growing 1,797% [5]. - The company's valuation shows an EV/revenue of 44.4, indicating high growth expectations and limited margin for error [6]. Group 5: Investment Outlook - Ondas presents a compelling opportunity for investors focused on autonomous defense and industrial automation trends, with a one-year price target of $8.50 [6].

Group 1: Market Reaction - The prices of gold and silver experienced significant declines, with gold dropping over 12% to a low of $4682 per ounce, marking the largest single-day drop in 40 years, and closing down 9.25% at $4880 per ounce [2] - Silver saw an unprecedented drop of over 36%, reaching a low of $74.28 per ounce, and closing down 26.42% at $85.259 per ounce [2] - The U.S. stock market indices collectively fell, with the Dow Jones down 0.36%, S&P 500 down 0.43%, and Nasdaq down 0.94%, reflecting increased market concerns [3] Group 2: Influencing Factors - The sell-off in gold and silver was triggered by a rebound in the U.S. dollar, following reports of President Trump's nomination of Kevin Warsh as the new Federal Reserve Chairman, which was later confirmed [2][4] - Standard Chartered's global head of commodity research noted that the market was already due for a correction, and the announcement of the Fed Chair nominee, along with broader macroeconomic factors, acted as catalysts for profit-taking [2] - The U.S. dollar index saw a significant increase, marking its largest single-day rise since July of the previous year, which negatively impacted investor confidence in gold and silver [2] Group 3: Sector Performance - The gold sector faced substantial losses, with major companies like Newmont down 11.52%, Barrick Gold down 12.09%, and AngloGold down 13.28% [3] - The technology sector also experienced declines, with major tech stocks like Meta and TSMC dropping nearly 3%, while Amazon fell by 1% [3] - Chinese concept stocks saw a downturn, with the Nasdaq Golden Dragon China Index closing down 2.36%, and individual stocks like Bilibili and Li Auto dropping over 3% [3]

Core Viewpoint - onsemi is set to announce its financial results for Q4 and the full year ending December 31, 2025, on February 9, 2026, after market close [1] Group 1: Financial Results Announcement - The financial results will be released after market closes on February 9, 2026 [1] - A conference call will be held at 5 p.m. Eastern Time on the same day to discuss the results [1] - Investors can access the conference call through the company's website or by pre-registering [3] Group 2: Company Overview - onsemi focuses on automotive and industrial end-markets, driving innovations in vehicle electrification, safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure [1] - The company offers a differentiated product portfolio that includes intelligent power and sensing technologies [1] - onsemi is included in the S&P 500 index, indicating its significant presence in the market [1]