Ten big names ended Thursday’s trading on a lackluster performance, mirroring two of Wall Street’s major indices, as investors digested more corporate earnings, among others.Meanwhile, only the Dow Jones finished in the green during the session, inching up 0.03 percent. The Nasdaq and the S&P 500 both fell by 1.18 percent and 0.54 percent, respectively.In this article, we name the 10 worst-performers on Thursday and detail the reasons behind their drop.To come up with the list, we focused exclusively on the ...

Markets oscillate on many factors — from interest rates and risk appetite, to headline news and the economy. But in the end, it comes down to earnings.The easiest way to visualize this is by breaking down market returns into the underlying components. In the short term, multiple expansion or contraction is often the biggest driver, including the past year. However, over the long term it is earnings growth that dominates as a driver of market returns.The chart below shows the return decomposition for the ...

Ten stocks finished Tuesday’s session with strong gains, mirroring the broader market, as investors positioned portfolios amid the release of more corporate earnings.Meanwhile, Wall Street’s major indices all finished in the green, led by the Nasdaq, up 1.04 percent, followed by the S&P 500, up 0.77 percent, and the Dow Jones, up 0.76 percent.In this article, we focus on the 10 top-performing stocks on Tuesday and detail the reasons behind their gains.To come up with the list, we focused exclusively on the ...

US stocks have churned near a record for nearly four months, with virtually every gain quickly wiped out by a bout of selling like Monday’s. The relentless churn has pushed the number of bears in a closely watched survey of investor sentiment past the bullish group for the first time since November. And a Deutsche Bank measure of discretionary equity positioning is now underweight, according to Parag Thatte, a strategist at the bank. Most Read from Bloomberg Together, the two gloomy signals add up to a ...

Core Viewpoint - Investor appetite was boosted by strong corporate earnings and acquisition initiatives, leading to significant stock gains, with three stocks reaching new record highs [1] Group 1: Stock Performance - Ten stocks experienced strong gains on Wednesday, with the Nasdaq leading at a 0.78% increase, followed by the S&P 500 at 0.56% and the Dow Jones at 0.26% [1] - Constellium SE (NYSE:CSTM) reached a decade high, climbing to $27.25 during intra-day trading before closing up 9.44% at $25.62 [4] - Cushman & Wakefield Ltd. (NYSE:CWK) saw a bounce back of 9.98%, finishing at $13.56 as investors anticipated upcoming earnings results [8] Group 2: Constellium SE (CSTM) Financials - Constellium SE reported a net profit of $275 million for the last year, a significant increase from $60 million in 2024, with revenues rising 15% to $8.4 billion [5] - In Q4, Constellium SE achieved a net income of $113 million, reversing a $47 million loss from the previous year, with revenues surging 28% to $2.2 billion [6] - Shipments for Constellium SE totaled 1.5 million metric tons for the year, a 4% increase, while Q4 shipments reached 365,000 metric tons, marking an 11% jump year-on-year [5][6] Group 3: Cushman & Wakefield Ltd. (CWK) Outlook - Cushman & Wakefield provided a robust growth outlook for 2025, with adjusted earnings per share expected to increase by 30 to 35%, up from a previous estimate of 25 to 35% [9] - The company appointed Bryan Doyle as the new COO for the Americas Capital Markets, tasked with overseeing operational strategy and execution [10]

Core Insights - The net profits of listed companies grew 14.7% year-on-year in Q3FY26, marking the fastest growth in the last eight quarters [1] Financial Performance - Adjusted net profits of the 3,353 companies in the Business Standard sample increased to approximately ₹3.97 trillion in Q3FY26 from ₹3.47 trillion in Q3FY25 and ₹3.67 trillion in Q2FY26, reflecting a growth of 14.7% year-on-year [2] - Reported net profits showed a slower growth of 9.5% year-on-year in Q3FY26, down from 11.9% in Q3FY25 and 33.4% in Q2FY26 [5] Sector Contributions - Indian Oil Corporation (IOC) was the largest contributor to earnings growth in Q3FY26, accounting for 22.4% of incremental earnings growth, with net profits rising nearly eightfold to ₹13,007 crore from ₹1,630 crore a year earlier [6][7] - The State Bank of India reported a 24.5% year-on-year increase in net profits, contributing 8.1% to corporate earnings growth [8] - Other significant contributors included Bharat Petroleum Corporation (6.8%), Tata Steel (4.8%), and HDFC Bank (3.8%), with these five companies together accounting for nearly 46% of incremental earnings growth [9][10] Sector Performance - Cyclical sectors accounted for 56.2% of corporate profits in Q3FY26, up from 53.3% a year earlier and 55.8% in Q2FY26 [12] - Traditional earnings leaders like Reliance Industries, Tata Consultancy Services, and Infosys underperformed with below-par earnings growth [13] Revenue and Cost Analysis - Net sales of all companies increased by 8.9% in Q3FY26, reaching around ₹41.17 trillion, the fastest growth in the last 11 quarters [16] - Non-cyclical sectors saw net sales growth of 10.9% year-on-year in Q3FY26, slightly up from 9.2% in Q3FY25 [17] - The Ebitda margin for companies outside the BFSI sector decreased by 20 basis points year-on-year to 17.9% of revenues [19] - Interest expenses as a percentage of revenues fell to 2.7% in Q3FY26 from 2.9% in Q3FY25, indicating a decline in interest burden [21]

Earnings Reports - More than half of the S&P 500 companies have reported Q4 earnings, with 79% beating expectations, indicating strong performance [2] - S&P earnings growth is projected to increase by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth [2] - Excluding the Magnificent Seven technology stocks, Q4 earnings are expected to rise by +4.6% [2] Economic Indicators - January nonfarm payrolls are expected to increase by +68,000, with the unemployment rate remaining at 4.4% [3] - January average hourly earnings are anticipated to rise by +0.3% month-over-month and +3.7% year-over-year [3] - December retail sales were unchanged month-over-month, falling short of expectations of +0.4% [4] - The Q4 employment cost index rose by +0.7% quarter-over-quarter, the smallest increase in 4.5 years [4] Stock Market Movements - Cybersecurity stocks are performing well, with Atlassian up more than +4% and Zscaler up more than +3% [10] - AI-infrastructure stocks are under pressure, with Western Digital down more than -8% [11] - Ichor Holdings is up more than +34% after forecasting Q1 adjusted EPS significantly above consensus [12] - Spotify is up more than +17% after reporting a record 38 million monthly active users, exceeding expectations [12] Company Forecasts - Credo Technology Group is up more than +10% after forecasting preliminary Q3 revenue well above consensus [13] - Masco is up more than +9% after forecasting full-year adjusted EPS above consensus [13] - Coca-Cola is down more than -1% after reporting Q4 net revenue below consensus [16]

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]

Core Viewpoint - U.S. stocks experienced a significant rebound on February 6, with the Dow Jones Industrial Average closing above 50,000 for the first time, indicating a recovery in investor confidence despite previous market volatility [1][2]. Market Performance - The Dow closed up 2.47%, gaining 1,206.95 points to reach 50,115.67, while the S&P 500 rose 1.97%, or 133.90 points, to 6,932.30. The Nasdaq increased by 2.18%, or 490.627 points, to 23,031.213 after a prior decline of 4.5% over three sessions [3]. - Bitcoin saw a rebound of approximately 12%, rising to $70,287.83 after previously dropping below $61,000, marking a significant recovery from its record high of $126,000 [4]. Economic Indicators - The University of Michigan's consumer sentiment survey reached its highest level since August, and short-term inflation expectations dropped to 3.5%, the lowest in over a year, contributing to the market's positive momentum [2]. - Bank of America reported continued payroll growth and a leveling off of unemployment payments, suggesting an improving labor market at the start of 2026 [6]. Corporate Earnings Outlook - Jeff Buchbinder from LPL Financial expressed confidence in corporate earnings growth, citing an improving manufacturing outlook that could support double-digit earnings growth for at least the next two quarters [6].

Core Viewpoint - Isabella Bank Corporation reported a significant increase in net income for both the fourth quarter and the full year of 2025 compared to the previous year, indicating strong financial performance and growth potential [1] Financial Performance - For the fourth quarter of 2025, net income was $4.7 million, or $0.64 per diluted share, up from $4.0 million, or $0.54 per diluted share in the fourth quarter of 2024 [1] - The net income for the year ended December 31, 2025, was $18.9 million, or $2.56 per diluted share, compared to $13.9 million, or $1.86 per diluted share for the year ended December 31, 2024, reflecting a year-over-year increase [1]