Microsoft, Facebook among market cap stock movers on Thursday

Earnings season continues as we approach the end of January. Below we highlight companies expected to report earnings the next trading day so you can prepare for the market reaction. Leading the action are energy giants Exxon Mobil and Chevron, financial powerhouse American Express, healthcare innovator Regeneron Pharmaceuticals, and consumer staples leader Colgate-Palmolive, all set to unveil their quarterly results on Friday.

Earnings Before the Open

• Exxon Mobil (XOM): EPS estimate $1.68, revenue estimate $81.04B

• Chevron (CVX): EPS estimate $1.45, revenue estimate $47.15B

• American Express (AXP): EPS estimate $3.54, revenue estimate $18.92B

• Air Products & Chemicals (APD): EPS estimate $3.04, revenue estimate $3.05B

• Colgate-Palmolive (CL): EPS estimate $0.9133, revenue estimate $5.12B

• Aon Corp (AON): EPS estimate $4.75, revenue estimate $4.38B

• Charter Communications (CHTR): EPS estimate $9.86, revenue estimate $13.74B

• Regeneron Pharmaceuticals (REGN): EPS estimate $10.52, revenue estimate $3.77B

• LyondellBasell Industries (LYB): EPS estimate $0.1952, revenue estimate $6.8B

• Verizon Communications (VZ): EPS estimate $1.06, revenue estimate $36.1B

• Nomura Holdings (NMR): EPS estimate $0.1716, revenue estimate $3.37B

• SoFi Technologies (SOFI): EPS estimate $0.114, revenue estimate $973.43M

• Hexagon ADR (HXGBY): EPS estimate $0.1265, revenue estimate $1.67B

• Franklin Resources (BEN): EPS estimate $0.5456, revenue estimate $1.71B

• Brookfield Renewable Energy Partner (BEP): EPS estimate -$0.3911, revenue estimate $1.61B

• Church & Dwight (CHD): EPS estimate $0.8357, revenue estimate $1.64B

• AB SKF (SKFRY): EPS estimate $0.2813, revenue estimate $2.44B

• Autoliv Inc. (ALV): EPS estimate $2.9, revenue estimate $2.77B

• Janus Henderson Group PLC (JHG): EPS estimate $1.15, revenue estimate $778.98M

• AB Electrolux (ELUXY): EPS estimate $0.4813, revenue estimate $3.8B

• Gentex Corp (GNTX): EPS estimate $0.4197, revenue estimate $650.81M

• Integrated Electr (IESC): EPS estimate $3.82, revenue estimate $833M

• Brookfield Business Partners LP (BBU): EPS estimate $0.56, revenue estimate $6B

• Moog Inc A (MOGa): EPS estimate $2.15, revenue estimate $982.3M

• Moog Inc B (MOGb): EPS estimate $2.15, revenue estimate $982.3M

• Arkansas Best Corp (ARCB): EPS estimate $0.4194, revenue estimate $968.1M

• WisdomTree Invest (WT): EPS estimate $0.235, revenue estimate $142.69M

• New York Community Bancorp (FLG): EPS estimate $0.0148, revenue estimate $532.53M

• First Hawaiian Inc (FHB): EPS estimate $0.551, revenue estimate $225.47M

• Hilltop Holdings Inc (HTH): EPS estimate $0.435, revenue estimate $301.5M

• HomeStreet Inc (MCHB): EPS estimate $0.06, revenue estimate $48.4M

Earnings After the Close

• Hoya Corp (HOCPY): EPS estimate $1.08, revenue estimate $1.52B

• Daiichi Sankyo Co Ltd (DSNKY): EPS estimate $0.2576, revenue estimate $3.54B

• Shionogi ADR (SGIOY): EPS estimate $0.1858, revenue estimate $825.47M

Be sure to check back daily for updates and insights into the earnings season and real-time results here and here. Do you want to trade the earnings of the biggest companies like a pro? Then get InvestingPro now and access over 1000 metrics that will give you a significant advantage in the shark tank that is Wall Street. Click here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

As traders approach another pivotal day for financial markets, Friday, January 30, 2026, will feature several crucial economic releases that could sway market dynamics. The Producer Price Index (PPI) will be the highlight of the day, offering insights into inflation pressures at the producer level. Additionally, market participants will closely monitor the Chicago PMI data, Baker Hughes rig count figures, and commentary from Federal Reserve Governor Michelle Bowman, which could provide clues about future monetary policy direction.

Major Economic Events to Watch

• 8:30 AM ET - Producer Price Index (PPI) (MoM) (Jan): Expected at 0.2%, previous 0.2%. This key inflation indicator measures price changes from the perspective of producers and serves as a leading signal for consumer inflation trends.

Other Important Economic Events to Watch

• 8:30 AM ET - Core PPI (MoM) (Jan): Expected at 0.3%, previous 0.0%. This measures producer price changes excluding volatile food and energy components.

• 9:45 AM ET - Chicago PMI (Jan): Expected at 43.5, previous 43.5. This regional manufacturing index helps gauge economic conditions in the Chicago area.

• 1:00 PM ET - Baker Hughes U.S. Rig Count: Previous 411. Provides insight into drilling activity and serves as an indicator for the oil services sector.

• 1:00 PM ET - U.S. Baker Hughes Total Rig Count: Previous 544. Offers a broader view of overall drilling activity across the United States.

• 3:00 PM ET - FOMC Member Bowman Speaks. Her comments may provide insights into the Federal Reserve’s outlook on monetary policy.

• 3:30 PM ET - CFTC S&P 500 speculative positions: Previous -81.8K. Reveals market sentiment among speculative traders.

• 3:30 PM ET - CFTC Gold speculative positions: Previous 244.8K. Indicates speculative positioning in the gold futures market.

• 3:30 PM ET - CFTC Crude Oil speculative positions: Previous 78.8K. Shows speculative sentiment in oil markets.

• 3:30 PM ET - CFTC Nasdaq 100 speculative positions: Previous 21.1K. Reveals positioning trends in tech-heavy index futures.

• 5:00 PM ET - FOMC Member Bowman Speaks. A second speaking engagement may offer additional monetary policy insights.

Other Economic Events to Watch

• 8:30 AM ET - PPI (YoY) (Jan): Expected at 2.7%, previous 3.0%. The yearly change in producer prices helps track longer-term inflation trends.

• 8:30 AM ET - Core PPI (YoY) (Jan): Expected at 2.9%, previous 3.0%. Year-over-year core producer inflation excluding food and energy.

• 8:30 AM ET - PPI ex. Food/Energy/Trade (MoM) (Jan): Previous 0.2%. This measure excludes volatile components for a clearer view of underlying inflation.

• 8:30 AM ET - PPI ex. Food/Energy/Trade (YoY) (Jan): Previous 3.5%. Year-over-year change in producer prices excluding food, energy, and trade.

• 3:30 PM ET - CFTC Aluminium speculative net positions: Previous -3.4K. Shows positioning in aluminum futures markets.

• 3:30 PM ET - CFTC Copper speculative positions: Previous 52.6K. Indicates sentiment in copper markets, often viewed as an economic barometer.

• 3:30 PM ET - CFTC Silver speculative positions: Previous 25.2K. Reveals positioning in silver futures.

• 3:30 PM ET - CFTC Natural Gas speculative positions: Previous -193.5K. Shows sentiment in natural gas markets.

• 3:30 PM ET - CFTC Wheat speculative positions: Previous -93.7K. Indicates positioning in wheat futures.

• 3:30 PM ET - CFTC Corn speculative positions: Previous -51.7K. Shows sentiment in corn futures markets.

• 3:30 PM ET - CFTC Soybeans speculative positions: Previous 58.1K. Reveals positioning in soybean futures.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Nvidia Corp. and Mercedes-Benz Group AG are advancing their plans to launch robotaxi services in major markets using Mercedes-Benz’s S-Class model, with Uber Technologies Inc. joining the partnership.

The collaboration was announced Thursday during a Mercedes event showcasing a refreshed version of its S-Class sedan. The three companies, along with others including Stellantis NV, began coordinating on advanced self-driving technology last year.

Nvidia CEO Jensen Huang outlined the vision for the partnership in a video presentation at the event, stating: "Together, Mercedes-Benz, Nvidia and Uber will build a global platform that makes autonomous driving available to everyone."

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Coterra Energy Inc. and Devon Energy Corp. are in advanced discussions about a potential merger that could be announced in the coming days, according a Bloomberg report Thursday.

Coterra shares rose 3% to $28.62 during Thursday trading, giving the company a market value of approximately $21.8 billion. Devon Energy shares increased 1.97% to $40.61, valuing the company at about $25.4 billion.

The deal would represent one of the largest oil and gas sector combinations in recent years, bringing together two significant players with complementary assets in key production regions.

Both companies have substantial positions in the Delaware Basin, a rapidly developing area of the Permian Basin. Devon controls about 400,000 net acres in this region, while Coterra holds a 346,000-acre position. Coterra also maintains significant natural gas assets in Pennsylvania's Marcellus Shale.

The talks are at an advanced stage, but no final decision has been made, the report added. The timing could change or negotiations could still fall through.

Investing.com -- Wall Street fell on Thursday, though the major averages were well off their session lows, dragged by a post-earnings plunge in Microsoft (NASDAQ:MSFT) and software services stocks. Meanwhile, gold halted a historic run that saw the yellow metal near $5,600/oz, as traders locked in gains.

Heavyweight earnings were the focus, with Apple (NASDAQ:AAPL) set to report after the bell. Meta’s (NASDAQ:META) results were cheered by investors.

At 13:52 ET (18:52 GMT), the benchmark S&P 500 index was down 0.6% to 6,934.51 points, while the blue-chip Dow Jones Industrial Average was lower by 0.3% to 48,890.59 points. The tech-heavy NASDAQ Composite fell the most, slipping 1.3% to 23,536.64 points.

The S&P 500 briefly broke through the 7,000 threshold for the first time on Wednesday.

"Clearly Microsoft is the primary culprit behind today’s market weakness as their stock is down more than 12% today after reporting earnings that were ahead of expectations on both earnings and revenue but the sharp increase in AI infrastructure spending seems to have spooked the market. Software names are bearing the brunt of the selloff with the broader group down nearly 10% today," Andrew Goins, senior portfolio manager at Orion Advisor Solutions, said. 

Meta soars, Microsoft slumps after earnings

Three of the Magnificent 7 members reported results after hours on Wednesday, with their stocks seeing a mixed response this morning.

Meta soared after the Facebook-owner forecast first-quarter revenue above market expectations, pointing to resilient advertising demand and growing returns from its investments in artificial intelligence. 

The Instagram parent also said its capital expenditures would jump to as much as $135 billion this year, well above Wall Street expectations and almost doubling 2025’s total, as big spending on artificial intelligence remained a key theme of earnings.  

Microsoft shares, on the other hand, fell sharply. The tech behemoth said it too had spent more on its AI build-out than many had anticipated, but worries still swirled around slightly lower growth at its key Azure cloud-computing division versus the prior quarter. 

Microsoft’s results, along with SAP SE’s, raised fresh questions about the durability of cloud and AI spending, and weighed on software services stocks. Atlassian (NASDAQ:TEAM), Workday (NASDAQ:WDAY), and Intuit (NASDAQ:INTU) were among the top percentage decliners on the Nasdaq. 

"We’re seeing a strong rotation into more defensive areas of the market with real estate, consumer staples, utilities, financials all in the green so far today. Along with that, value stocks are extending their year-to-date outperformance relative to growth stocks," Orion Advisor Solutions’ Goins said. 

"While we’ve been talking a lot about whether AI stocks have been in a bubble over the last few quarters, today’s action along with year-to-date market movements, I think are healthy signs that investors are beginning to pay attention to the risks and the significant costs associated with the continued AI infrastructure buildout," he said.

"These digesting periods are healthy and should create better long-term opportunities. Days like today are good reminders of the benefits of diversification – there are attractive market opportunities outside of just the AI theme," Goins added.

Fed holds rates steady, providing stability

The Federal Reserve held interest rates steady at 3.50%–3.75% on Wednesday, marking the first pause after three consecutive cuts.

In its policy statement, the Fed cited still-elevated inflation alongside solid economic growth and a stabilizing labor market, and offered little in the way of guidance on the timing of future cuts.

"Overall, the Fed struck a more positive tone on the economy, with subtle changes to the FOMC’s statement that modestly upgraded the Committee’s outlook on the labor market and conveyed slightly less concern about inflationary pressures," Brian Storey, head of multi asset strategies at Brinker Capital, said.

"Although the Fed did not update its ’dot plot’ at this meeting, it is noteworthy that there seems to be a healthy degree of alignment between the Fed and financial markets (courtesy of fed funds futures) on the likelihood of 1-2 quarter-point rate cuts by year-end," he said.

"With this alignment between the Fed and financial markets, there is a reduced likelihood of monetary policy upending equity markets as we move into the back half of the year," Storey added.

Gold halts historic run, crude pops

Gold prices earlier soared to a record high near $5,600 an ounce, extending recent gains following a report that Trump was considering a new strike on Iran. The run finally came to an end in morning trading, with spot gold sharply turning lower as some profit-taking emerged.

Silver prices also followed gold into negative territory after hitting an all-time peak of nearly $122/oz, as the white metal also benefited from outsized demand for safe havens.

The torrid metal price rally has showed few signs of slowing amid heightened global geopolitical tensions, which ramped up demand for physical assets and safe havens. A weak dollar and uncertainty over U.S. policy also provided support, with copper prices also hitting a record high on Thursday.

Oil prices also climbed strongly, with Brent trading near $70/bbl, on increasing concerns of a disruption of supply from Iran, if the key Middle Eastern producer is targeted by the U.S. for military action. 

Brent futures gained 2.9% to $69.29 a barrel and Crude Oil WTI Futures rose 3.1% to $65.13 a barrel.

Both contracts have climbed over 10% this week and are at their highest since June last year.

Ayushman Ojha and Peter Nurse contributed to this article