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Source document· January 28, 2026

S&P 500 Posts a Record High on Tech Strength and Solid Corporate Earnings

View original at nasdaq.com
S&P 500 Posts a Record High on Tech Strength and Solid Corporate Earnings The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.83%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.88%…
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  • Micron Technology plans to invest $24 billion in Singapore and expand its memory-chip capacity

    80% confidence
  • Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%

    80% confidence
  • Roper Technologies forecasts 2026 adjusted EPS continuing operations of $21.30 to $21.55, below consensus of $21.62

    80% confidence
  • General Motors reported Q4 adjusted EPS of $2.51, better than consensus of $2.28

    80% confidence
  • Deutsche Bank upgraded CoreWeave stock to buy from hold with a price target of $140

    80% confidence
  • Applied Industrial Technologies reported Q2 net sales of $1.16 billion, below consensus of $1.17 billion

    80% confidence
  • S&P earnings growth is expected to climb by +8.4% in Q4

    80% confidence
  • Brown & Brown reported Q4 revenue of $1.61 billion, weaker than expectations of $1.65 billion

    80% confidence
  • RTX Corp reported Q4 adjusted sales of $24.24 billion, well above consensus of $22.63 billion

    80% confidence
  • Agilysys reported Q3 adjusted EPS of 42 cents, weaker than consensus of 46 cents

    80% confidence
  • HCA Healthcare reported Q4 net income of $1.88 billion, better than consensus of $1.73 billion

    80% confidence
  • General Motors forecasts full-year adjusted EPS of $11.00 to $13.00, the midpoint above consensus of $11.79

    80% confidence
  • UnitedHealth Group forecasts a decline in 2026 revenue, the first annual contraction in more than 30 years

    80% confidence
  • Sanmina forecasts Q2 revenue of $3.1 billion to $3.4 billion, weaker than consensus of $3.51 billion

    80% confidence
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What we're seeing
AI Capital Surge Meets Investor Caution: Record Funding Rounds and Government Contracts Amid Valuation Skepticism
A single-week cluster of large AI/fintech funding rounds (Socure, Stability AI, Emerald AI, Generalist AI, Instinct, Gatik, Regent Craft) shows venture capital still pouring into AI infrastructure, identity, and autonomy plays, while Palantir's Army TITAN contract win coincided with a 6% stock drop — signaling that even flagship AI-defense revenue isn't immune to market reassessment of AI valuations. Efficiency-focused innovations like Multiverse Computing's model compression suggest the sector is also pivoting toward cost/inference economics as capital intensity draws scrutiny.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Where sources disagree
Morgan Stanley & Co. LLC
The same metric (eps) for the same entity (Morgan Stanley & Co. LLC) reported for the identical fiscal period (Q1 2026) and observation date (2026-03-31) has two conflicting values: 3.43 USD_per_share vs 3.08 USD. This is not a temporal change — both observations claim to measure the same point in time. The ~10% discrepancy (0.35 USD difference) is material for a financial metric.
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