Market Sentiment - The S&P 500 is near record levels, but overall market sentiment feels cautious despite positive economic indicators [1][2] - The market has experienced a persistent rally over the past few years, climbing a "wall of worry" [2] Dollar Dynamics - Concerns about dollar debasement are influencing stock market performance; the stock market's gains may be necessary to keep pace with a declining dollar [3] Earnings Growth - Overall earnings growth remains strong, with some sectors like energy showing a comeback, despite concerns in the software sector [4] Software Sector Analysis - Selective buying in the software sector is advised, with companies like ServiceNow expected to benefit from AI, while others like monday.com face risks of being easily replicated [6][8] Energy Sector Performance - The energy sector has been the best-performing group this year after a period of underperformance, although the portfolio has not heavily rotated into this sector [9] Investment Strategy - The investment strategy focuses on durable compounders such as Visa, Mastercard, and Meta, which have strong moats and consistent earnings growth [10] Gold and Silver Market - Central bank buying and U.S. government deficit spending are expected to drive gold prices higher over the next several years, despite short-term volatility [13] - The recent Fed appointments create uncertainty regarding the dollar's strength, contributing to potential volatility in gold and silver markets [14] Cryptocurrency Outlook - Cryptocurrency has shifted away from the "digital gold" narrative and is now viewed as a high beta asset, with capital flows being diverted to meme stocks and other assets [16] - The future of cryptocurrency remains uncertain, with potential for significant gains or losses, making it a risky investment [17][18]

Upgrades - Raymond James upgraded Take-Two (TTWO) to Strong Buy from Outperform with an unchanged price target of $285, viewing the recent selloff as overdone and presenting a more attractive risk/reward scenario for the company [2] - Daiwa upgraded Palantir (PLTR) to Buy from Neutral with a price target of $180, down from $200, citing a positive impression from the earnings release [2] - Gordon Haskett upgraded Booking Holdings (BKNG) to Buy from Hold with a price target of $5,440, believing that investors have overreacted to AI-driven competitive concerns and have discounted Booking's operational advantages [3] - Oppenheimer upgraded Unity (U) to Outperform from Perform with a price target of $38, arguing that fears regarding competition from "world models" like Google's Project Genie are misplaced and overlook Unity's unique role in development [4] - Arete upgraded Snap (SNAP) to Buy from Neutral with a price target of $7.30, noting a shift in the company's sales growth from a "sub-scale" advertising business to higher margin, recurring subscription income [5] Downgrades - HSBC downgraded Estee Lauder (EL) to Hold from Buy with a price target of $106, stating that Estee's "modest" organic sales upgrade in the quarter underwhelmed investors relative to expectations [6] - Citi downgraded Under Armour (UAA) to Sell from Neutral with an unchanged price target of $6.20, indicating that the company's turnaround in North America is facing "several pressures" in fiscal 2026 [6] - Raymond James downgraded Wingstop (WING) to Outperform from Strong Buy with an unchanged price target of $325, expressing caution regarding Wingstop's near-term sales trends [6] - Truist downgraded Texas Roadhouse (TXRH) to Hold from Buy with a price target of $188, down from $206, believing that beef price inflation will persist at least through 2027, limiting multiple expansion and pressuring margins and earnings estimates [6] - Loop Capital downgraded Monday.com (MNDY) to Hold from Buy with a price target of $80, down from $195, citing a "fine, but not great" quarter amid moderating upmarket momentum and slower adoption of newer products [6] - Baird also downgraded Monday.com to Neutral from Outperform with a price target of $90, down from $175 [6]

Core Viewpoint - Top Wall Street analysts have revised their outlook on several prominent stocks, indicating potential shifts in investment sentiment and opportunities in the market [1] Company Analysis - Analysts have provided insights on WING stock, suggesting it may be a consideration for potential investors [1]

Core Viewpoint - Gold prices have decreased due to easing geopolitical tensions, but expectations of rate cuts and strong demand from China are providing support for prices, keeping them above $5,000 per ounce [1]. Group 1: Gold Market Dynamics - Gold prices fell to $5,045.59 per ounce, down 0.7% from the previous close, ending a two-day positive streak [1]. - The decline in gold prices is attributed to reduced political uncertainty following Japan's snap election and decreased tensions in the Middle East [1]. - Despite the drop, gold remains above the critical level of $5,000 per ounce, supported by central bank demand [1]. Group 2: Economic Influences - Expectations of at least two 25-basis-point rate cuts by the US Federal Reserve in 2026 are bolstering gold prices [1]. - The US dollar is trading near its lowest point in over a week, which is beneficial for gold as it is a non-yielding asset [1]. - Traders are cautious ahead of the upcoming US Nonfarm Payrolls report and consumer inflation figures, which could influence market sentiment [1]. Group 3: China's Gold Demand - The People's Bank of China has continued its gold accumulation for the 15th consecutive month, purchasing approximately 40,000 ounces in January [1]. - This sustained demand is driven by fiscal instability in major global economies and a strategic shift in China's reserves policy to reduce reliance on the US dollar [1]. - China's gold purchases are seen as a long-term strategy to enhance the international standing of the renminbi and provide a politically neutral store of value [1]. Group 4: Silver Market Update - Silver prices dropped over 2% to $80.243, influenced by a slight recovery in the dollar and profit-taking by traders [1]. - Improved US economic data, including a rise in the Consumer Sentiment Index to 57.3, has strengthened the dollar and pressured commodity prices [1]. - Geopolitical tensions may still drive demand for silver as a safe-haven asset [1].

Group 1 - Major stock indexes, including Dow Jones and S&P 500, experienced a decline of 0.2% as Wall Street awaited the rescheduled January jobs report [1] - Monday.com, an artificial intelligence stock, reported a disappointing full-year outlook, leading to a significant drop in its shares despite beating Q4 estimates [1][1] - The overall sentiment in the market is cautious as investors are closely monitoring upcoming economic data [1] Group 2 - Hims & Hers halted its Wegovy knockoff after just two days, indicating potential regulatory challenges from the FDA [1] - Novo Nordisk's stock faced a two-day plunge as the CFO acknowledged "extraordinary challenges" for 2026, reflecting concerns about the company's future performance [1] - Eli Lilly is highlighted as a strong stock performer amid increasing competition with Novo Nordisk, suggesting a shift in market dynamics within the biotech sector [1]

Earnings Overview - More than half of the S&P 500 companies have reported Q4 earnings, with 79% of the 297 companies beating expectations [1] - S&P earnings growth is projected to increase by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth [1] - Excluding the Magnificent Seven technology stocks, Q4 earnings are expected to rise by +4.6% [1] Market Focus - The upcoming week will focus on corporate earnings results and economic news, including the Q4 employment cost index expected to rise by 0.8% [2] - January retail sales are anticipated to increase by +0.4% month-over-month, with similar expectations for sales excluding autos [2] - January nonfarm payrolls are expected to rise by +69,000, while the unemployment rate is projected to remain at 4.4% [2] Stock Market Movements - Stock indexes initially fell but recovered, with the Dow Jones Industrials reaching a new all-time high [5] - The S&P 500 Index closed up +0.47%, the Dow Jones up +0.04%, and the Nasdaq 100 up +0.77% [5] - Chipmakers and AI-infrastructure stocks rebounded, contributing to the market's recovery [5][11] Sector Performance - Mining stocks surged after gold prices increased by +2% and silver prices jumped by more than +6% [12] - Advanced Micro Devices (AMD) and Broadcom (AVGO) saw gains of more than +3%, while Nvidia (NVDA) and others also performed well [11] - Oracle (ORCL) rose by more than +9% following an upgrade, while Dynatrace (DT) reported better-than-expected Q3 revenue and raised its full-year forecast [13][14] Notable Declines - Kyndryl Holdings (KD) fell more than -55% after reporting Q3 revenue below expectations and cutting its profit forecast [16] - Monday.com (MNDY) dropped more than -21% due to a revenue forecast below consensus [16] - Cleveland-Cliffs (CLF) and Hims & Hers Health (HIMS) also experienced significant declines following disappointing earnings reports [16]

Monday.com (MNDY) shares plummeted more than 20% on Monday morning after the firm reported a market-beating Q4 but disappointed with its full-year guidance. The software company now sees its revenue coming in at about $1.46 billion in 2026 — well below the $1.48 billion that Wall Street analysts had forecast. Following the post-earnings plunge, Monday.com stock is down about 50% versus its year-to-date high. More News from Barchart www.barchart.com Should You Invest in Monday.com Stock Today? MNDY’s ...

US stocks rose on Monday, continuing a bounce back from 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%, edging closer to a record close, while the tech-heavy Nasdaq Composite (^IXIC) gained about 1%. The Dow Jones Industrial Average (^DJI) rose above flat line, to post its second close in a row above 50,000. Wall Street continues to debate the AI disruption risk ...

Monday Beats Earnings Estimates. The Stock Can't Escape the Software Trap. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Monday.com Earnings Beat Estimates. The Stock Can't Escape the Software Trap.By [Nate Wolf]ShareResize---ReprintsIn t ...

Dear Jabbosa joins us now with Data Brick CEO Ali Godsy in today's tech check. Deerra, >> thank you Kelly and hi Ali, it's nice to see you. Um, now the number that jumped out to me in this release this morning, it wasn't just the funding.It was actually this 80% number of databases on your platform. They're now built by AI agents. So what does that tell us about what's actually happening inside of your customers workflows right now.Yeah, I think actually one thing that people don't look at is uh when we're ...