Friday, February sixth, 2026
Pre-market futures have come again up for air this morning, after spending a lot of this buying and selling week within the pink — most notably yesterday. What started as a rotation out of high-priced, extremely speculative AI and different software program ultimately turned “threat off” throughout the board.
Cut price hunters are pushing indexes into the inexperienced at this hour: the Dow is +267 factors, +0.54%, whereas the S&P 500 is +40 factors, +0.59%. Even higher this morning are the tech-heavy Nasdaq — +186, +0.76% — and the small-cap Russell 2000: +35, +1.39%. Solely the Dow and the Russell are within the inexperienced over the previous 5 buying and selling days.
Tremendous Bowl LX: A Boon for Betting?
In years previous, we’d mentioned Tremendous Bowl Sunday by way of shopper spending, in that it represents the urge for food of the buyer round one single even for the primary time since New 12 months’s. (We truly get a preliminary Client Sentiment Survey from the College of Michigan out after the opening bell this morning.)
However with the onset of publicly traded firms within the betting market, there’s one other avenue to have a look at. What we’re seeing is a slight uptick at this hour for firms like Draft Kings DKNG and FanDuel dad or mum Flutter Leisure FLUT (one other competitor, Kalshi, remains to be privately owned). That is good, however sort of a drop within the bucket: DKNG and FLUT are down -26% and -30% yr to this point, already. Maybe a riveting Tremendous Bowl recreation will drive enterprise for each corporations.
Earnings Stories This Morning at a Look
We’re previous the busiest days of This fall earnings season reportage for the week, however it picks up once more subsequent week — what it’s going to lack in Magazine 7 firms reporting it’s going to make up in sheer numbers of firms. These will embrace Coca-Cola KO, Ford F and Cisco CSCO, amongst many others.
UnderArmour UAA posted an enormous earnings shock this morning, swinging to a constructive +$0.09 per share from -$0.02 anticipated, for a +550% outperformance. Revenues additionally got here forward of estimates to $1.33 billion by +1.47%. Shares are up +3.8% in early buying and selling on the information. For extra on UAA’s earnings, click on right here.
MS and Alzheimers biotech remedy maker Biogen BIIB additionally posted a giant beat on its backside line, with earnings of $1.99 per share taking out the $1.61 estimate by +23.6%. Revenues of $2.28 billion surpassed expectations by +3.1% (although down from $2.40 billion reported a yr in the past). Shares are up +1.2% at this hour. For extra on BIIB’s earnings, click on right here.
One other huge outperformer this morning is Piper Sandler PIPR, which reported This fall earnings of $6.88 per share — method above the $4.72 estimate for a constructive shock of +45.7%, on $635 million in revenues which zoomed previous estimates by +23.2%. Shares of the funding banker are up +7.5% in early buying and selling at this hour. For extra on PIPR’s earnings, click on right here.
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5 Shares Set to Double
Every was handpicked by a Zacks professional because the #1 favourite inventory to achieve +100% or extra within the coming yr. Whereas not all picks will be winners, earlier suggestions have soared +112%, +171%, +209% and +232%.
A lot of the shares on this report are flying underneath Wall Road radar, which offers an incredible alternative to get in on the bottom flooring.
Right this moment, See These 5 Potential Dwelling Runs >>
Biogen Inc. (BIIB) : Free Inventory Evaluation Report
Ford Motor Firm (F) : Free Inventory Evaluation Report
CocaCola Firm (The) (KO) : Free Inventory Evaluation Report
Cisco Programs, Inc. (CSCO) : Free Inventory Evaluation Report
Underneath Armour, Inc. (UAA) : Free Inventory Evaluation Report
Piper Sandler Firms (PIPR) : Free Inventory Evaluation Report
DraftKings Inc. (DKNG) : Free Inventory Evaluation Report
Flutter Leisure PLC (FLUT) : Free Inventory Evaluation Report
This text initially revealed on Zacks Funding Analysis (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
