Jan CPI Surprise Fuels Rate-Cut Outlook; Tech and Healthcare Stocks Surge

January CPI rose 0.2% month-over-month, down from 0.3% in December, with the annual rate easing to 2.4%. The softer-than-expected inflation strengthened expectations of a potential Fed rate cut as early as June and lifted Treasuries as yields fell, supporting equities. Among impacted stocks: RadNet (RKD) shares are volatile, with 14 moves greater than 5% in the past year. A key positive factor was comments from New York Fed President John Williams suggesting further rate cuts are possible, increasing FedWatch probability from 39% to over 73% as of late January. Since the start of 2026, RadNet is down 1.7% and trades at $69.77, 17.4% below its 52-week high of $84.48. Enterprise software leveraging generative AI has gained traction, with high-quality tech and healthcare names seeing broader market gains.