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 purple — most notably yesterday. What started as a rotation out of high-priced, extremely speculative AI and different software program finally 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 client spending, in that it represents the urge for food of the patron round one single even for the primary time since New Yr’s. (We really get a preliminary Shopper Sentiment Survey from the College of Michigan out after the opening bell this morning.)
However with the onset of publicly traded corporations 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 corporations like Draft Kings DKNG and FanDuel mother or father Flutter Leisure FLUT (one other competitor, Kalshi, remains to be privately owned). That is good, however type of a drop within the bucket: DKNG and FLUT are down -26% and -30% 12 months up to now, already. Maybe a riveting Tremendous Bowl recreation will drive enterprise for each corporations.
Earnings Studies This Morning at a Look
We’re previous the busiest days of This autumn earnings season reportage for the week, however it picks up once more subsequent week — what it’ll lack in Magazine 7 corporations reporting it’ll make up in sheer numbers of corporations. These will embody Coca-Cola KO, Ford F and Cisco CSCO, amongst many others.
UnderArmour UAA posted an enormous earnings shock this morning, swinging to a optimistic +$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 12 months in the past). Shares are up +1.2% at this hour. For extra on BIIB’s earnings, click on right here.
One other massive outperformer this morning is Piper Sandler PIPR, which reported This autumn earnings of $6.88 per share — approach above the $4.72 estimate for a optimistic 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.
Questions or feedback about this text and/or writer? Click on right here>>
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 12 months. Whereas not all picks may be winners, earlier suggestions have soared +112%, +171%, +209% and +232%.
A lot of the shares on this report are flying below Wall Avenue radar, which gives an important alternative to get in on the bottom flooring.
Right this moment, See These 5 Potential House 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
Beneath Armour, Inc. (UAA) : Free Inventory Evaluation Report
Piper Sandler Corporations (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 mirror these of Nasdaq, Inc.
