Economic Overview - Producer prices increased by 3% year-over-year in December, indicating stronger inflation than anticipated [1] - The Federal Reserve's inflation forecasts have been criticized for being inaccurate, contributing to the current inflationary environment [2][3] Federal Reserve Leadership - President Trump has nominated Kevin Worsh as the next chairman of the Federal Reserve, which has raised concerns about the Fed's ability to manage inflation effectively [2][4] - The current administration aims to ensure a smooth confirmation process for Worsh despite some Republican pushback regarding previous Fed actions [9] Interest Rates and Economic Growth - The administration believes that the Fed has been "behind the curve" in addressing inflation and that there is potential for significant economic growth driven by supply-side factors, particularly from advancements in AI [10][11] - There is a belief that interest rates could potentially be lowered to 1% due to the positive impact of AI on productivity and GDP growth [13] Job Market and AI Impact - While AI is expected to cause job dislocations, it is also anticipated to increase overall incomes and GDP, leading to new job opportunities for displaced workers [15][16] - The current unemployment rate remains low, suggesting that the job market is resilient despite changes brought about by AI [16] Inflation Trends - Recent increases in producer prices, particularly in commodities like gold and copper, have raised questions about the sustainability of inflation levels [17][18] - Despite the recent producer price increases, the overall inflation numbers in the U.S. are still close to target, allowing room for potential interest rate cuts by the Fed [18][19]

Core Insights - More than 75 companies are scheduled to announce their Q3FY26 results on January 31, including notable firms such as Sun Pharmaceutical Industries, IDFC First Bank, Delhivery, GAIL (India), Finolex Industries, and Reliance Infrastructure [1] Company Performance Summaries - GAIL (India) reported a 4.77% year-on-year increase in consolidated total income to Rs 35,893.77 crore in Q2FY26, but experienced a 26% decline in profit to Rs 1,988.71 crore [3] - IDFC First Bank's consolidated total income rose by 10.7% year-on-year to Rs 11,828.41 crore in Q2FY26, with net profit increasing by 64% to Rs 347.80 crore [4] - Sun Pharmaceutical Industries saw a 9.5% year-on-year rise in consolidated total income to Rs 14,948.23 crore in Q2FY26, while net profit grew by 2.6% to Rs 3,117.95 crore [5]

Core Insights - DeepSeek, a Chinese AI startup, is seeking to purchase Nvidia's H200 AI chips, which has raised concerns about demand for Nvidia's products [1][2] - The Chinese government has approved DeepSeek's purchase of the H200 chips, although final regulatory conditions are still being determined [2][3] - The H200 chip is significant in the context of U.S.-China technology tensions, with Nvidia's CEO stating that the company has not yet received confirmation of the approvals [3] Group 1 - DeepSeek previously caused market concerns by introducing a low-cost AI model that matched the performance of leading U.S. systems, leading to a decline in Nvidia's stock [4] - The potential purchase of H200 chips by DeepSeek indicates a continued reliance on Nvidia's advanced hardware, countering earlier fears about demand [5] - Futurum Group's CEO criticized negative narratives regarding DeepSeek's impact on Nvidia, emphasizing that DeepSeek is preparing to acquire H200 chips [5] Group 2 - There are ongoing geopolitical concerns regarding chip sales, particularly with allegations that Nvidia-assisted DeepSeek models may be used by the Chinese military [5] - DeepSeek is expected to launch its next-generation AI model, V4, in mid-February [6] - Nvidia's stock closed at $191.13, reflecting a slight decline, with further after-hours trading showing a drop to $190.20 [6]

Core Viewpoint - BigBear.ai's stock has shown volatility, with a significant drop in 2025, but has seen an 11.8% increase year-to-date in 2026, although it still has a long way to go to recover its previous highs [1][2]. Company Overview - BigBear.ai specializes in AI applications for the defense and security sectors, differentiating itself from companies focused on large language models [3]. - The company’s notable product, Trueface, is a facial-recognition software used at U.S. airports, boasting over 99.1% accuracy with a database of 12 million images [4]. - BigBear.ai also offers AI-powered edge computing services, including the ORION decision support platform for the U.S. Department of Defense [5]. Financial Performance - BigBear.ai has not seen revenue or net income growth over the past three years, which may be attributed to the niche nature of its products [6]. - The company has made two acquisitions recently, including a $250 million purchase of Ask Sage, aimed at enhancing revenue growth [8]. Share Issuance and Management Decisions - BigBear.ai's management proposed an amendment to increase the share cap from 500 million to 1 billion to facilitate acquisitions and product development [10]. - The CEO emphasized the necessity of this share increase for future growth, but it risks diluting existing shareholders' positions [11]. - The proxy vote for this amendment was postponed, indicating potential concerns about securing enough votes for approval [12].

Market Overview - Precious metals and copper prices experienced significant declines as investors reacted to the nomination of a new Fed chair, leading to profit-taking after recent record highs [1] - Gold futures saw a dramatic drop, closing at $4,745 an ounce, down 11.4% or $600 on the day, marking the largest intra-day decline since the early 1980s [2] - Silver prices fluctuated wildly, ending the day at $78.53 an ounce, a 35.9% drop, the largest decline on record [3] - Copper prices fell sharply, closing at $5.92 per pound ($13,060 per tonne), down 4.5% from previous highs [4] Company Performance - Major mining companies faced substantial losses, with Newmont Corporation (NYSE:NEM) down 11.5% to a market cap of $122 billion and Barrick Mining (NYSE:B) down 12.03% to $77.13 billion [9] - Agnico Eagle Mines (TSX:AEM) dropped 10.8% to a market valuation of $95.64 billion, losing its status as a $100 billion stock [9] - Gold Fields (NYSE:GFI) lost 14.5% to a market cap of $47.42 billion, while AngloGold Ashanti (NYSE:AU) fell over 13% to $46.89 billion [10] - Freeport-McMoRan Inc. (NYSE:FCX) saw a 7.5% decline, with a market cap of $86.49 billion, while Vale (NYSE:VALE) slid by 5.1% to $68.43 billion [14] Sector Impact - The overall mining sector suffered double-digit percentage drops, wiping billions in market value, particularly affecting gold, silver, and platinum stocks [8] - Copper producers and diversified companies, while also experiencing declines, fared better compared to precious metal stocks [11] - The tie-up between Teck Resources (NYSE:TECK) and Anglo American (OTCPK:NGLOY) is progressing, but both companies faced declines of 7.8% and 5.7% respectively [15] - Chinese mining companies like Zijin Mining (OTCPK:ZIJMY) and CMOC Group (SEHK:3993) also saw significant drops, with Zijin down 12.2% [17]

Australia’s ongoing economic ties with China have undergone a significant transformation, driven by changes in the global economy. Economists at the Commonwealth Bank of Australia (CBA) highlight how internal challenges in China and evolving international supply networks are compelling Australian businesses to broaden their horizons.This shift marks a departure from the heavy reliance on Chinese markets that once dominated Australia’s export strategy, opening doors to new opportunities while mitigating risk ...

Core Viewpoint - Otis Worldwide Corporation is a leading manufacturer and service provider in the elevator and escalator industry, facing challenges but maintaining a positive outlook for future performance [1][2][3]. Financial Performance - On January 30, 2026, New Street set a price target of $98 for NYSE:OTIS, indicating a potential increase of approximately 15.87% from the stock's price of $84.58 at that time [2][5]. - The fourth-quarter 2025 earnings met the Zacks Consensus Estimate, but net sales fell short, indicating areas for improvement [2][5]. Segment Performance - Otis's Service segment demonstrated strong performance, driven by maintenance and modernization activities, which is crucial given the weaker demand for new equipment, particularly in China and the Americas [3][5]. Stock Performance - Currently, NYSE:OTIS trades at $85.42, a decrease of approximately 2% from the previous day, with a trading volume of 5,526,716 shares [4]. - Over the past year, OTIS has experienced a high of $106.83 and a low of $84.00, reflecting some volatility in its stock price [4].

Core Viewpoint - Empress Royalty Corp. has appointed Daniel Burns to its board of directors and granted him 250,000 restricted share units as part of its Equity Incentive Plan [1] Group 1 - The appointment of Daniel Burns to the board of directors is a strategic move for Empress Royalty Corp. [1] - The company has issued 250,000 restricted share units to Mr. Burns, indicating a commitment to align his interests with those of the shareholders [1]

Core Viewpoint - A class action lawsuit has been filed against China Liberal Education Holdings, Ltd. for alleged securities fraud involving a "pump-and-dump" scheme that resulted in estimated losses exceeding $300 million [2][3]. Group 1: Lawsuit Details - The lawsuit, titled Atul Shah, et al. v. China Liberal Education Holdings Ltd., et al., was filed in the Southern District of New York and involves claims against the company's officers, directors, and associated service providers [1]. - The class period for the lawsuit is defined as January 22, 2025, to January 30, 2025, during which investors can seek appointment as lead plaintiff [1][3]. - The allegations include violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1]. Group 2: Investor Participation - Investors who purchased or acquired common stock of CLEU during the class period are eligible to seek lead plaintiff status but are not required to do so to participate in any future recovery [3]. - The plaintiffs intend to apply for lead plaintiff status and seek the appointment of Morris Kandinov LLP as lead counsel [3]. Group 3: Financial Implications - The alleged "pump-and-dump" scheme is said to have caused losses estimated to exceed $300 million, indicating significant financial implications for investors involved [2].

Core Insights - AppLovin is a significant player in the mobile technology sector, particularly known for its adtech platform that serves the mobile gaming industry [1] - The company has shifted its focus from game development to adtech, competing with major firms like Unity Software and Take-Two Interactive Software [1] Stock Performance - On January 30, 2026, Evercore ISI maintained a "Buy" rating for AppLovin, despite a previous hold recommendation, with the stock priced at $473.11 [2] - The stock experienced an 11.7% decline following the announcement of Google's Project Genie, which has implications for the gaming sector [2][3] - AppLovin's stock currently stands at $473.11, reflecting a 16.89% decrease or a $96.13 drop [3] Market Context - The fluctuations in AppLovin's stock have been part of a broader downturn in software stocks, influenced by the introduction of AI innovations like Project Genie [3] - The stock has seen a trading range with a low of $463.09 and a high of $563.47, and over the past year, it peaked at $745.61 and reached a low of $200.50 [4] - AppLovin's market capitalization is approximately $160 billion, with a trading volume of 12,068,056 shares on the NASDAQ exchange [4]