Devon Energy (DVN) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2026-01-23 23:51
Devon Energy (DVN) ended the recent trading session at $38.64, demonstrating a +1.74% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.03%. At the same time, the Dow lost 0.58%, and the tech-heavy Nasdaq gained 0.28%. The oil and gas exploration company's shares have seen an increase of 4.92% over the last month, not keeping up with the Oils-Energy sector's gain of 6.65% and outstripping the S&P 500's gain of 0.6%. Market participants will be closely following ...
Cramer's week ahead: Earnings from Meta, Microsoft and Apple. Plus, a Fed meeting
CNBC· 2026-01-23 23:50
Earnings Reports - Nucor, described as the "best steel company in the world," will report earnings on Monday, with expectations that rate cuts may spur economic growth despite a lackluster mid-quarter update in December [1] - Boeing and General Motors will release results on Tuesday, with Boeing shares having rallied significantly, leading to cautious expectations for further gains [2][3] - A busy earnings day on Wednesday will feature reports from Corning, Danaher, Starbucks, GE Vernova, Meta Platforms, and Microsoft, all of which are holdings in Cramer's Charitable Trust [4] Company Insights - Danaher is expected to have its first strong quarter in years due to a resurgence in biotech orders [6] - Starbucks is considered "wildly overbought," requiring exceptionally strong earnings to maintain upward momentum, but is still viewed positively for the long term [6] - Microsoft shares are under pressure due to AI-driven disruption risks, which are seen as a false concern [7] - GE Vernova's results are anticipated to be underwhelming due to high expectations, while Corning is favored for long-term growth due to AI-related benefits [5] Market Context - Honeywell will report on Thursday, with potential for a disappointing stock reaction as investors await the company's breakup later this year [8] - Apple is set to post results after eight weeks of decline, attributed to concerns over rising memory costs affecting margins, but the recommendation remains to "own it, don't trade it" [9] - The Federal Reserve's interest rate decision is expected to remain unchanged, with potential market-moving news regarding Fed Chair Jerome Powell's replacement [10]
Zoom Communications (ZM) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2026-01-23 23:45
Core Viewpoint - Zoom Communications is experiencing fluctuations in stock performance, with a recent closing price of $85.78, reflecting a 1.33% increase, which is higher than the S&P 500's daily gain of 0.03% [1] Company Performance - The company is expected to report an EPS of $1.48, indicating a 4.96% increase from the same quarter last year, with projected net sales of $1.23 billion, up 4.08% year-over-year [2] - For the annual period, earnings are anticipated to be $5.96 per share and revenue at $4.85 billion, representing increases of 7.58% and 3.99% respectively from the previous year [3] Analyst Sentiment - Recent changes in analyst estimates for Zoom Communications suggest optimism regarding the company's business and profitability, as positive revisions reflect favorable near-term trends [3] - The Zacks Rank system currently rates Zoom Communications as 1 (Strong Buy), indicating strong investor confidence [5] Valuation Metrics - Zoom Communications has a Forward P/E ratio of 14.2, which is lower than the industry average of 23.85, suggesting a valuation discount [6] - The company’s PEG ratio stands at 4.95, compared to the Internet - Software industry average of 1.4, indicating a higher expected earnings growth rate relative to its price [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 69, placing it in the top 29% of over 250 industries, suggesting strong overall performance [7]
Toll Brothers (TOL) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2026-01-23 23:45
Company Performance - Toll Brothers (TOL) stock decreased by 1.79% to $144.92, underperforming the S&P 500's daily gain of 0.03% [1] - Over the past month, shares of Toll Brothers appreciated by 5.72%, which is lower than the Construction sector's gain of 6.96% but higher than the S&P 500's gain of 0.6% [1] Upcoming Earnings - Analysts expect Toll Brothers to report earnings of $2.05 per share, reflecting a year-over-year growth of 17.14% [2] - The Zacks Consensus Estimate for revenue is projected at $1.84 billion, a decrease of 0.87% from the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $12.69 per share and revenue of $10.4 billion, indicating declines of 5.93% and 5.14% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Toll Brothers are significant as they indicate shifts in near-term business trends [4] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4] Stock Performance and Valuation - The Zacks Rank system, which evaluates estimate changes, currently rates Toll Brothers as 5 (Strong Sell), with a 0.63% decrease in the consensus EPS estimate over the last 30 days [6] - Toll Brothers is trading at a Forward P/E ratio of 11.63, which is lower than the industry average Forward P/E of 13.49 [7] - The company has a PEG ratio of 1.16, compared to the industry average PEG ratio of 1.8 [7] Industry Context - The Building Products - Home Builders industry, part of the Construction sector, has a Zacks Industry Rank of 242, placing it in the bottom 2% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
SentinelOne Is Too Cheap To Ignore At 4x Sales, Near 20% Forward Growth
Seeking Alpha· 2026-01-23 23:42
Core Viewpoint - SentinelOne is currently facing significant challenges due to the broader software sector's struggles with generative AI, leading to low valuations reminiscent of the 2022 tech stock crash, and the company's ongoing lack of profitability [1] Industry Summary - The software sector is experiencing generative AI headwinds, resulting in some of the lowest valuations seen since the 2022 tech stock crash [1] Company Summary - SentinelOne's lack of profitability is a critical issue that exacerbates its challenges in the current market environment [1]
Fobi AI Announces Completion of First Tranche Of Non-Brokered Private Placement
Globenewswire· 2026-01-23 23:39
Not for distribution to United States newswire services or for dissemination in the United States.VANCOUVER, BC, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Fobi AI Inc. (TSXV:FOBI) (Pink: FOBIF) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce the completion of its first tranche closing (the “First Tranche”) of a non-brokered private placement financing previously announced on December 12, 2025 (the “Offering”). The First Tr ...
Fobi AI Announces Completion of First Tranche Of Non-Brokered Private Placement
Globenewswire· 2026-01-23 23:39
VANCOUVER, BC, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Fobi AI Inc. (TSXV:FOBI) (Pink: FOBIF) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce the completion of its first tranche closing (the “First Tranche”) of a non-brokered private placement financing previously announced on December 12, 2025 (the “Offering”). The First Tranche was comprised of the issuance of 10,084,000 units of the Company (“Units”) at a price per Un ...
Sprouts Farmers 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Sprouts Farmers Market, Inc. - SFM
Businesswire· 2026-01-23 23:37
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF†) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 26, 2026 to file lead plaintiff applications in a securities class action lawsuit against Sprouts Farmers Market, Inc. ("Sprouts†or the "Company†) (NasdaqGS: SFM), if they purchased or otherwise acquired the Company's securities between June 4, 2025 and October 29, 2025, inclusive (the "Class P. ...
S&P 500 Snapshot: Sour Start Leads to Weekly Loss
Etftrends· 2026-01-23 23:33
Market Performance - The S&P 500 started the shortened trading week with losses but recovered slightly, ending the week down by -0.4% and is currently 0.88% below its all-time high from January 12, 2026 [1] - The index has shown a history of reaching record highs, with a summary table provided for the number of record highs since 2013 [1] Historical Context - On October 9, 2007, the S&P 500 reached an all-time high of 1565.15, followed by a significant drop of approximately 57% to 676.53 by March 9, 2009, marking the Global Financial Crisis [2] - It took over five years for the index to recover and reach a new all-time high on March 28, 2013, closing at 1569.19 [2] Volatility Analysis - The S&P 500 has experienced notable intraday volatility, with the largest recorded intraday price change of 10.77% on April 9, 2023, since December 24, 2018 [4] - The average percent change from intraday low to high over the past 20 days is 0.70% [4] Index Comparison - The S&P 500 is a market cap-weighted index of approximately 500 of the largest U.S. stocks across 11 sectors, while the S&P Equal Weight Index includes the same stocks but gives each an equal weight [5] - Year-to-date performance shows the S&P 500 up by 1.02%, whereas the S&P Equal Weight Index has increased by 3.71% [5] ETFs Associated - Notable ETFs linked to the S&P 500 include iShares Core S&P 500 ETF (IVV), SPDR S&P 500 ETF Trust (SPY), Vanguard S&P 500 ETF (VOO), SPDR Portfolio S&P 500 ETF (SPYM), and Invesco S&P 500® Equal Weight ETF (RSP) [6]
LEADING EDGE MATERIALS REPORTS FISCAL 2025 RESULTS
Globenewswire· 2026-01-23 23:30
Core Insights - Leading Edge Materials Corp. reported a net loss of CAD 3,216,565 for the fiscal year ending October 31, 2025, an increase from CAD 2,687,724 in the previous year, attributed to higher compensation and share-based payments [6][9] - The company is actively pursuing an Exploitation Concession for its Norra Kärr project, which is critical for supplying heavy rare earth elements to Europe [2][21] - Geopolitical tensions have heightened the urgency for Europe to secure critical raw materials, with the EU and Sweden dismantling barriers to expedite mining projects [11][13][17] Company Developments - The company applied for a 25-year mining lease for Norra Kärr on December 8, 2024, and received endorsements from local administrative boards in December 2025 [2][3] - A Rapid Development Plan for Norra Kärr aims to expedite production of HREE-rich eudialyte mineral concentrate [5] - The Woxna Graphite Mine is being maintained on a "production-ready" basis, with ongoing assessments to improve operational efficiency [18][20] Financial Performance - In Q4 2025, the company reported a net loss of CAD 756,874, an increase from CAD 611,307 in Q3 2025, primarily due to foreign exchange losses [4] - Total assets as of October 31, 2025, were CAD 30,468,689, with working capital of CAD 1,880,436 [8][9] - The company closed a non-brokered private placement financing in August 2025, raising CAD 2,838,160 [5] Industry Context - The European Commission launched ReSourceEU, a €3 billion initiative to diversify supply chains for critical rare earth metals, reflecting the urgency to reduce reliance on Chinese suppliers [14][15] - The supply situation for heavy rare earth elements has reached critical levels, prompting both the EU and Sweden to take action [12][13] - The strategic importance of Norra Kärr is underscored by its potential to produce significant quantities of Dysprosium and Terbium, essential for various high-tech applications [27][25]