Jan-23-2026

 Market Overview

• SPY: down ~0.2%

• QQQ: down ~0.3%, later stabilizing

• Dow Jones: potentially first decline after 3 sessions

• Market weakness is mild overall.

Key News & Stock Movers

• Tesla (TSLA):

  • Stock up ~4% after comments by Elon Musk at the World Economic Forum.

  • Reduced human safety monitors in Austin robo-taxis.

  • Optimus humanoid robots possibly for sale by end of 2027; estimated cost $20K–$30K.

  • Morgan Stanley estimates <1M humanoid robots sold in the U.S. by decade’s end.

• Oracle (ORCL):

  • Down ~2%.

  • Part of a deal to acquire a majority stake in TikTok alongside Silverlake and Abu Dhabi–based MGX (each owning 15%).

  • ByteDance retains 20%.

• Alcoa (AA):

  • Down ~4% pre-market.

  • Q4 revenue beat, but mixed outlook on production.

• Capital One (COF):

  • Down ~3% after earnings miss.

  • Announced acquisition of Brex for $5.15B.

• Intel (INTC):

  • Down ~13% pre-market.

  • Reported net loss of $333M, revenue down 4%.

  • Supply constraints expected to be worst in Q1; multi-year recovery ahead.

• SLB (Schlumberger):

  • Up ~1.3% after earnings.

• Life360 (LIF):

  • Up ~23% on strong user growth (95.8M monthly active users).

• Sallie Mae (SLM):

  • Up 7–10% pre-market.

  • EPS beat ($1.12 vs $0.94) and announced $500M stock buyback.

Market Open Check

• QQQ and SPY show only light declines.

• Equal-weighted indexes slightly weaker.

• All major indexes remain above key moving averages.