JAN 22, 2026盘中交易 09:30 - 16:00
ET 14:43

Zoom, Fastly, Twilio, PagerDuty, Rapid7 Rally on Geopolitical Relief - ZM, FSLY, TWLO, PD, RPD

Technology stocks advanced in afternoon trading on January 22, 2026, as easing geopolitical tensions in Greenland boosted investor sentiment and sparked a risk-on rally. The S&P 500 and Nasdaq Composite rose sharply, with the Dow Jones Industrial Average gaining 500 points. Zoom (ZM) climbed 1.6% since the start of the year, trading at $84.69—near its 52-week high of $90.24 set in December 2025. The stock’s recent move reflects heightened market interest amid broader tech sector strength.
Zoom reported third-quarter revenue of $1.23 billion, exceeding estimates of $1.21 billion and up 4.4% year-over-year. Adjusted EPS of $1.52 beat forecasts of $1.44, prompting the company to raise full-year guidance to a midpoint of $5.96. The firm has seen only six moves above 5% over the past year, suggesting relatively stable performance. Investors who purchased $1,000 of Zoom shares five years ago now hold an investment worth $220.89. Other tech names including Fastly (FSLY), Twilio (TWLO), PagerDuty (PD), and Rapid7 (RPD) also gained on the broader market rebound.

Technology stocks advanced in afternoon trading on January 22, 2026, as easing geopolitical tensions in Greenland boosted investor sentiment and sparked a risk-on rally. The S&P 500 and Nasdaq Composite rose sharply, with the Dow Jones Industrial Average gaining 500 points. Zoom (ZM) climbed 1.6% since the start of the year, trading at $84.69—near its 52-week high of $90.24 set in December 2025. The stock’s recent move reflects heightened market interest amid broader tech sector strength.

Zoom reported third-quarter revenue of $1.23 billion, exceeding estimates of $1.21 billion and up 4.4% year-over-year. Adjusted EPS of $1.52 beat forecasts of $1.44, prompting the company to raise full-year guidance to a midpoint of $5.96. The firm has seen only six moves above 5% over the past year, suggesting relatively stable performance. Investors who purchased $1,000 of Zoom shares five years ago now hold an investment worth $220.89. Other tech names including Fastly (FSLY), Twilio (TWLO), PagerDuty (PD), and Rapid7 (RPD) also gained on the broader market rebound.

ET 14:43
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Narrative

Varonis Systems, DoubleVerify, Pegasystems, and Intuit Rally on Geopolitical Calm - VRSN, DV, PEGA, INTU

Shares of Varonis Systems, DoubleVerify, Pegasystems, and Intuit surged in afternoon trading on January 22, 2026, following reports of eased geopolitical tensions in Greenland, which boosted investor sentiment and triggered a broad risk-on rally. The S&P 500 and Nasdaq Composite rose sharply, with the Dow Jones Industrial Average gaining 500 points, as investors rotated into technology stocks amid reduced market uncertainty.
Varonis Systems (VRSN) climbed 7.4% since the start of 2026, despite trading 45.6% below its 52-week high of $63.31 set in October 2025. The stock reached $34.41, reflecting continued investor interest in its SaaS transition, where software-as-a-service now accounts for 76% of annual recurring revenue (ARR), up 18% year-over-year. Cantor Fitzgerald recently maintained an Overweight rating, citing growth potential despite lowering its price target to $50 from $60. Other tech names including DoubleVerify (DV), Pegasystems (PEGA), and Intuit (INTU) also advanced, supported by broader sector momentum and improved macro outlook.

Shares of Varonis Systems, DoubleVerify, Pegasystems, and Intuit surged in afternoon trading on January 22, 2026, following reports of eased geopolitical tensions in Greenland, which boosted investor sentiment and triggered a broad risk-on rally. The S&P 500 and Nasdaq Composite rose sharply, with the Dow Jones Industrial Average gaining 500 points, as investors rotated into technology stocks amid reduced market uncertainty.

Varonis Systems (VRSN) climbed 7.4% since the start of 2026, despite trading 45.6% below its 52-week high of $63.31 set in October 2025. The stock reached $34.41, reflecting continued investor interest in its SaaS transition, where software-as-a-service now accounts for 76% of annual recurring revenue (ARR), up 18% year-over-year. Cantor Fitzgerald recently maintained an Overweight rating, citing growth potential despite lowering its price target to $50 from $60. Other tech names including DoubleVerify (DV), Pegasystems (PEGA), and Intuit (INTU) also advanced, supported by broader sector momentum and improved macro outlook.

ET 14:43

Alta, CACI, SolarEdge, Montrose, and Vicor Shares Surge on Trade Tensions Easing - SPY +1.2%

Shares of Alta, CACI, SolarEdge, Montrose, and Vicor rose sharply in afternoon trading on January 22, 2026, following U.S. President’s announcement of a framework for a potential deal with Greenland, reversing earlier plans to impose tariffs. The move eased global trade concerns, fueling a broad market rally as the S&P 500 gained 1.2% and investors rotated back into equities.
Alta (ALTA) saw its stock climb amid heightened volatility, with 54 moves exceeding 5% over the past year. The company reported weak Q3 2025 results: revenue fell 5.8% to $422.6 million, adjusted EPS was -$0.35 versus expectations of -$0.17, and adjusted EBITDA dropped to $41.7 million. Full-year EBITDA guidance of $170 million at midpoint missed estimates, and free cash flow turned negative at $13.2 million, down from $23.9 million in Q3 2024. Despite a 29.7% gain this year, Alta trades at $6.50, 24.6% below its 52-week high of $8.62. A $1,000 investment five years ago is now worth $632.91.

Shares of Alta, CACI, SolarEdge, Montrose, and Vicor rose sharply in afternoon trading on January 22, 2026, following U.S. President’s announcement of a framework for a potential deal with Greenland, reversing earlier plans to impose tariffs. The move eased global trade concerns, fueling a broad market rally as the S&P 500 gained 1.2% and investors rotated back into equities.

Alta (ALTA) saw its stock climb amid heightened volatility, with 54 moves exceeding 5% over the past year. The company reported weak Q3 2025 results: revenue fell 5.8% to $422.6 million, adjusted EPS was -$0.35 versus expectations of -$0.17, and adjusted EBITDA dropped to $41.7 million. Full-year EBITDA guidance of $170 million at midpoint missed estimates, and free cash flow turned negative at $13.2 million, down from $23.9 million in Q3 2024. Despite a 29.7% gain this year, Alta trades at $6.50, 24.6% below its 52-week high of $8.62. A $1,000 investment five years ago is now worth $632.91.

ET 14:43
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Narrative

BlackRock CEO Larry Fink Warns AI Could Worsen Inequality, Urges Broad Ownership of Growth - BLK

BlackRock CEO Larry Fink warned at the World Economic Forum in Davos on January 22, 2026, that artificial intelligence could replicate the wealth concentration seen during globalization, risking widespread economic exclusion and populist backlash. He said gains from AI are currently flowing to owners of models, data, and infrastructure, while displacing white-collar workers—just as globalization hollowed out blue-collar jobs.
Fink cited Federal Reserve data showing the wealthiest 1% of U.S. households own 31% of net worth, while the bottom half holds less than 3%. He emphasized that prosperity must be measured by inclusive access, not just GDP or corporate valuations. Microsoft research ranked translators, journalists, and financial advisors among the most vulnerable occupations to AI disruption. Fink urged leaders to move beyond vague promises about future jobs and instead ensure pension funds and savers benefit from AI-driven growth through investments in infrastructure. He argued that if ordinary investors remain sideline observers, they will feel alienated from the economy’s progress.

BlackRock CEO Larry Fink warned at the World Economic Forum in Davos on January 22, 2026, that artificial intelligence could replicate the wealth concentration seen during globalization, risking widespread economic exclusion and populist backlash. He said gains from AI are currently flowing to owners of models, data, and infrastructure, while displacing white-collar workers—just as globalization hollowed out blue-collar jobs.

Fink cited Federal Reserve data showing the wealthiest 1% of U.S. households own 31% of net worth, while the bottom half holds less than 3%. He emphasized that prosperity must be measured by inclusive access, not just GDP or corporate valuations. Microsoft research ranked translators, journalists, and financial advisors among the most vulnerable occupations to AI disruption. Fink urged leaders to move beyond vague promises about future jobs and instead ensure pension funds and savers benefit from AI-driven growth through investments in infrastructure. He argued that if ordinary investors remain sideline observers, they will feel alienated from the economy’s progress.

ET 14:43

Quest Resource, Array, Gibraltar, FTAI, Sunrun Shares Surge After Greenland Trade Relief - QRS, ARRY, GBR, FTAI, RUN

Shares of Quest Resource (QRS), Array (ARRY), Gibraltar (GBR), FTAI Infrastructure (FTAI), and Sunrun (RUN) rose sharply in afternoon trading on January 22, 2026, following U.S. President’s announcement of a revised framework for trade relations with Greenland, reversing earlier plans to impose tariffs. The S&P 500 gained 1.2%, driven by reduced concerns over global trade tensions, sparking a broad market rally.
Quest Resource’s stock jumped 13.4% year-to-date but remains 62.3% below its 52-week high of $5.96 set in January 2025. The company reported weak fourth-quarter results last year, with adjusted EBITDA declining more than 50% due to higher costs, client attrition, and soft industrial demand. It responded with a 15% workforce reduction and $3 million annual operating cost cut, naming Perry Moss as CEO. Despite volatility—60 moves exceeding 5% in the past year—QRS trades at $2.25 per share. An investment of $1,000 five years ago would now be worth $787.72.

Shares of Quest Resource (QRS), Array (ARRY), Gibraltar (GBR), FTAI Infrastructure (FTAI), and Sunrun (RUN) rose sharply in afternoon trading on January 22, 2026, following U.S. President’s announcement of a revised framework for trade relations with Greenland, reversing earlier plans to impose tariffs. The S&P 500 gained 1.2%, driven by reduced concerns over global trade tensions, sparking a broad market rally.

Quest Resource’s stock jumped 13.4% year-to-date but remains 62.3% below its 52-week high of $5.96 set in January 2025. The company reported weak fourth-quarter results last year, with adjusted EBITDA declining more than 50% due to higher costs, client attrition, and soft industrial demand. It responded with a 15% workforce reduction and $3 million annual operating cost cut, naming Perry Moss as CEO. Despite volatility—60 moves exceeding 5% in the past year—QRS trades at $2.25 per share. An investment of $1,000 five years ago would now be worth $787.72.

ET 14:43

Anduril to Invest $1 Billion in Long Beach Campus, Creating 5,500 Jobs

Anduril Industries will invest $1 billion to build a new 1.18-million-square-foot campus in Long Beach, California, with construction starting mid-2026 and the first building opening by December 31, 2027. The facility, located at Douglas Park near Long Beach Airport, will house offices, R&D labs, and manufacturing for autonomous defense systems including drones, missiles, and robotic submarines.
The project includes 750,000 square feet of office space and 435,000 square feet of industrial space across six buildings, leased from Sares Regis Group. Anduril expects to hire 5,500 workers directly, with thousands more indirect jobs in construction and support services. The site is 30 minutes from Anduril’s Costa Mesa headquarters and 90 minutes from its Capistrano test facility, enabling rapid prototyping and testing. The company currently employs 7,000 people across 35 locations, with half based in Southern California. Long Beach Mayor Rex Richardson called the investment a milestone for the city’s aerospace revival, citing growth from firms like Rocket Lab and Vast. Anduril previously announced a $1 billion "Arsenal-1" plant in Columbus, Ohio, set to open in 2026.

Anduril Industries will invest $1 billion to build a new 1.18-million-square-foot campus in Long Beach, California, with construction starting mid-2026 and the first building opening by December 31, 2027. The facility, located at Douglas Park near Long Beach Airport, will house offices, R&D labs, and manufacturing for autonomous defense systems including drones, missiles, and robotic submarines.

The project includes 750,000 square feet of office space and 435,000 square feet of industrial space across six buildings, leased from Sares Regis Group. Anduril expects to hire 5,500 workers directly, with thousands more indirect jobs in construction and support services. The site is 30 minutes from Anduril’s Costa Mesa headquarters and 90 minutes from its Capistrano test facility, enabling rapid prototyping and testing. The company currently employs 7,000 people across 35 locations, with half based in Southern California. Long Beach Mayor Rex Richardson called the investment a milestone for the city’s aerospace revival, citing growth from firms like Rocket Lab and Vast. Anduril previously announced a $1 billion "Arsenal-1" plant in Columbus, Ohio, set to open in 2026.

ET 14:43

Akamai, Appian, The Trade Desk Surge on Geopolitical Relief - TTD, AKAM, APPN

Shares of Akamai Technologies, Appian, and The Trade Desk jumped in afternoon trading on January 22, 2026, following reports of eased geopolitical tensions in Greenland that boosted investor sentiment and triggered a broad market rally.
The relief stemmed from a productive Davos meeting between U.S. officials and NATO Secretary General Mark Rutte, which established a "framework of a future deal" for Greenland and the Arctic region. The administration's decision to suspend planned 10% tariffs on European allies and rule out military action alleviated fears of escalation, prompting a sharp reversal from Tuesday’s sell-off. The Nasdaq Composite rose 1.5%, while the S&P 500 erased its 2026 losses. The Trade Desk (TTD) gained sharply amid heightened volatility—its stock has seen 27 moves exceeding 5% over the past year—and now trades at $36.53, down 3.1% year-to-date and 70.2% below its 52-week high of $122.59 set in January 2025. Nvidia and AMD led the tech recovery as investors rotated into growth stocks, with bond yields falling as inflation concerns eased.

Shares of Akamai Technologies, Appian, and The Trade Desk jumped in afternoon trading on January 22, 2026, following reports of eased geopolitical tensions in Greenland that boosted investor sentiment and triggered a broad market rally.

The relief stemmed from a productive Davos meeting between U.S. officials and NATO Secretary General Mark Rutte, which established a "framework of a future deal" for Greenland and the Arctic region. The administration's decision to suspend planned 10% tariffs on European allies and rule out military action alleviated fears of escalation, prompting a sharp reversal from Tuesday’s sell-off. The Nasdaq Composite rose 1.5%, while the S&P 500 erased its 2026 losses. The Trade Desk (TTD) gained sharply amid heightened volatility—its stock has seen 27 moves exceeding 5% over the past year—and now trades at $36.53, down 3.1% year-to-date and 70.2% below its 52-week high of $122.59 set in January 2025. Nvidia and AMD led the tech recovery as investors rotated into growth stocks, with bond yields falling as inflation concerns eased.

ET 14:40

Zelenskyy Criticizes Europe for Reliance on U.S., Announces Ukraine-Russia-U.S. Talks

Ukrainian President Volodymyr Zelenskyy accused Europe of being "lost" and overly dependent on the United States for security, urging European nations to build self-defense capabilities instead of seeking American intervention. Speaking at the World Economic Forum in Davos on January 22, 2026, Zelenskyy said Europe has failed to act as a global leader in defending freedom, especially as U.S. focus shifts elsewhere.
He emphasized that Europe remains more of a geographic and historical entity than a unified political power, with many countries lacking resolve despite rhetoric about strength. Zelenskyy revealed he recently met privately with former U.S. President Donald Trump, who expressed affection for Europe but dismissed its weakness. He also announced trilateral talks involving Ukraine, Russia, and the U.S. scheduled for January 2425, 2026, in the UAE, stressing that Russia must be prepared to compromise for peace to be achieved.

Ukrainian President Volodymyr Zelenskyy accused Europe of being "lost" and overly dependent on the United States for security, urging European nations to build self-defense capabilities instead of seeking American intervention. Speaking at the World Economic Forum in Davos on January 22, 2026, Zelenskyy said Europe has failed to act as a global leader in defending freedom, especially as U.S. focus shifts elsewhere.

He emphasized that Europe remains more of a geographic and historical entity than a unified political power, with many countries lacking resolve despite rhetoric about strength. Zelenskyy revealed he recently met privately with former U.S. President Donald Trump, who expressed affection for Europe but dismissed its weakness. He also announced trilateral talks involving Ukraine, Russia, and the U.S. scheduled for January 2425, 2026, in the UAE, stressing that Russia must be prepared to compromise for peace to be achieved.

ET 14:30

European Stocks Rise as Trade Tensions Ease After Trump Signals Diplomacy

European equities advanced on January 22, 2026, as investor sentiment improved following U.S. President Donald Trump’s indication of a more conciliatory approach to trade relations. The STOXX Europe 600 index climbed 1.4%, led by gains in financials and industrials, amid reduced fears of escalated tariffs.
Trump’s remarks during a press conference suggested a willingness to engage in negotiations with European leaders, reversing earlier threats of punitive duties on EU exports. The comments helped ease concerns over supply chain disruptions and retaliatory measures. The Euro Stoxx 50 rose 1.6% to 4,789.30, while Germany’s DAX gained 1.8% and France’s CAC 40 added 1.5%. Markets reacted positively, with the euro strengthening against the dollar. Analysts noted that a de-escalation could support global growth and corporate earnings. The shift in tone from Washington comes ahead of scheduled talks between U.S. and EU trade officials on February 1, 2026.

European equities advanced on January 22, 2026, as investor sentiment improved following U.S. President Donald Trump’s indication of a more conciliatory approach to trade relations. The STOXX Europe 600 index climbed 1.4%, led by gains in financials and industrials, amid reduced fears of escalated tariffs.

Trump’s remarks during a press conference suggested a willingness to engage in negotiations with European leaders, reversing earlier threats of punitive duties on EU exports. The comments helped ease concerns over supply chain disruptions and retaliatory measures. The Euro Stoxx 50 rose 1.6% to 4,789.30, while Germany’s DAX gained 1.8% and France’s CAC 40 added 1.5%. Markets reacted positively, with the euro strengthening against the dollar. Analysts noted that a de-escalation could support global growth and corporate earnings. The shift in tone from Washington comes ahead of scheduled talks between U.S. and EU trade officials on February 1, 2026.

ET 14:03
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Macro

Trump Sues JPMorgan for $5 Billion Over Account Closures

Donald Trump filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank closed his personal and business accounts in February 2021 for political reasons after he left office. The suit, filed in Miami-Dade County on January 22, 2026, claims JPMorgan provided only 60 days’ notice without explanation, disrupting operations and cutting off access to millions of dollars.
Trump asserts that JPMorgan’s actions were motivated by political pressure, stating the bank believed “the political tide at the moment favored doing so.” JPMorgan responded that it regrets the lawsuit but maintains it did not close the accounts due to politics, citing legal and regulatory risks as the basis for its decision. The bank emphasized it does not terminate accounts based on political or religious affiliations. The case marks a significant escalation in tensions between the former president and major financial institutions.

Donald Trump filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank closed his personal and business accounts in February 2021 for political reasons after he left office. The suit, filed in Miami-Dade County on January 22, 2026, claims JPMorgan provided only 60 days’ notice without explanation, disrupting operations and cutting off access to millions of dollars.

Trump asserts that JPMorgan’s actions were motivated by political pressure, stating the bank believed “the political tide at the moment favored doing so.” JPMorgan responded that it regrets the lawsuit but maintains it did not close the accounts due to politics, citing legal and regulatory risks as the basis for its decision. The bank emphasized it does not terminate accounts based on political or religious affiliations. The case marks a significant escalation in tensions between the former president and major financial institutions.

ET 14:03
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Regulatory

Trump Sues JPMorgan Chase, Seeking $5B Over Account Closure - JPM

President Donald Trump filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon on January 22, 2026, alleging the bank closed his accounts in late 2021 due to political motivations following the Jan. 6 insurrection. The suit, filed in Miami-Dade County state court, claims trade libel and breach of fair trade covenants, seeking at least $5 billion in damages.
The complaint asserts that JPMorgan Chase acted based on "woke beliefs" and that the account closure was politically driven. JPMorgan Chase denied the allegations, calling the lawsuit meritless and stating it does not close accounts for political or religious reasons but only when legal or regulatory risks arise. A spokesperson emphasized the bank respects Trump’s right to sue but will defend itself in court. This case is part of Trump’s broader retribution campaign targeting institutions and individuals critical of him. The matter remains under development.

President Donald Trump filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon on January 22, 2026, alleging the bank closed his accounts in late 2021 due to political motivations following the Jan. 6 insurrection. The suit, filed in Miami-Dade County state court, claims trade libel and breach of fair trade covenants, seeking at least $5 billion in damages.

The complaint asserts that JPMorgan Chase acted based on "woke beliefs" and that the account closure was politically driven. JPMorgan Chase denied the allegations, calling the lawsuit meritless and stating it does not close accounts for political or religious reasons but only when legal or regulatory risks arise. A spokesperson emphasized the bank respects Trump’s right to sue but will defend itself in court. This case is part of Trump’s broader retribution campaign targeting institutions and individuals critical of him. The matter remains under development.

ET 14:03
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Regulatory

Tesla Faces DOJ Probe Over Vehicle Range Claims - TSLA

The U.S. Justice Department is investigating whether Tesla’s electric vehicles meet the Environmental Protection Agency’s stated range estimates, according to a recent SEC filing. The probe centers on potential discrepancies between advertised and actual driving ranges, with Consumer Reports testing showing the Model Y fell significantly short of its EPA-rated 326 miles, achieving only 274 miles in warm weather.
The investigation follows independent tests by Consumer Reports comparing the Model Y with the Volkswagen ID.4, Hyundai Ioniq 5, and Ford Mustang Mach-E. While the ID.4 and Mach-E exceeded or nearly matched their EPA ratings, the Model Y underperformed despite traveling farther than some competitors. EPA estimates rely on automaker-provided data, and false reporting could lead to legal consequences, as seen in Volkswagen’s $4.3 billion settlement for diesel emissions fraud. Tesla stated no agency has found wrongdoing, and neither the company nor the DOJ commented further. The inquiry was disclosed in filings dated January 22, 2026.

The U.S. Justice Department is investigating whether Tesla’s electric vehicles meet the Environmental Protection Agency’s stated range estimates, according to a recent SEC filing. The probe centers on potential discrepancies between advertised and actual driving ranges, with Consumer Reports testing showing the Model Y fell significantly short of its EPA-rated 326 miles, achieving only 274 miles in warm weather.

The investigation follows independent tests by Consumer Reports comparing the Model Y with the Volkswagen ID.4, Hyundai Ioniq 5, and Ford Mustang Mach-E. While the ID.4 and Mach-E exceeded or nearly matched their EPA ratings, the Model Y underperformed despite traveling farther than some competitors. EPA estimates rely on automaker-provided data, and false reporting could lead to legal consequences, as seen in Volkswagen’s $4.3 billion settlement for diesel emissions fraud. Tesla stated no agency has found wrongdoing, and neither the company nor the DOJ commented further. The inquiry was disclosed in filings dated January 22, 2026.

ET 14:03
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Operational

Target Faces Staff Absences, Protests Over ICE Crackdown in Minnesota

Target Corp. is grappling with employee absences and protests in the Twin Cities after Immigration and Customs Enforcement (ICE) detained two U.S. citizen employees at a Richfield, Minnesota, store, sparking fear among staff and prompting calls for corporate action. Some workers have refused to come to work, while teams have postponed in-office weeks at headquarters. Local faith leaders have demanded Target ban federal agents from its properties and issue a public condemnation of the enforcement operation.
The company has not issued a public statement on the ICE detentions, the surge of agents in the region, or the Jan. 8 shooting death of U.S. citizen Renee Good by an ICE agent. Chief Human Resources Officer Melissa Kremer told employees in a memo that security teams are increasing communication and working with stakeholders to de-escalate tensions. Internal documents confirm Target has no cooperative agreements with ICE, though agents can legally enter public areas without a warrant. Employees have circulated letters to the ethics team seeking guidance, citing confusion over the lack of corporate response. Meanwhile, shoppers have staged protests, including returning bags of salt to disrupt operations, and activists are calling for a statewide shutdown on Jan. 25. The situation is straining business operations and testing Target’s leadership under CEO Michael Fiddelke, set to take over Feb. 1.

Target Corp. is grappling with employee absences and protests in the Twin Cities after Immigration and Customs Enforcement (ICE) detained two U.S. citizen employees at a Richfield, Minnesota, store, sparking fear among staff and prompting calls for corporate action. Some workers have refused to come to work, while teams have postponed in-office weeks at headquarters. Local faith leaders have demanded Target ban federal agents from its properties and issue a public condemnation of the enforcement operation.

The company has not issued a public statement on the ICE detentions, the surge of agents in the region, or the Jan. 8 shooting death of U.S. citizen Renee Good by an ICE agent. Chief Human Resources Officer Melissa Kremer told employees in a memo that security teams are increasing communication and working with stakeholders to de-escalate tensions. Internal documents confirm Target has no cooperative agreements with ICE, though agents can legally enter public areas without a warrant. Employees have circulated letters to the ethics team seeking guidance, citing confusion over the lack of corporate response. Meanwhile, shoppers have staged protests, including returning bags of salt to disrupt operations, and activists are calling for a statewide shutdown on Jan. 25. The situation is straining business operations and testing Target’s leadership under CEO Michael Fiddelke, set to take over Feb. 1.

ET 14:03

Fed's Core PCE Inflation Holds at 2.8% in November, Income Growth Lags

The Personal Consumption Expenditures (PCE) price index rose 2.8% year-over-year in November, up from 2.7% in October, according to the Bureau of Economic Analysis. Core PCE, excluding food and energy, also increased 2.8%, matching prior months and remaining above the Federal Reserve’s 2% target. The report, delayed due to a government shutdown in October and November, showed inflation-adjusted disposable income fell 0.1% in October before rising 0.1% in November. The savings rate dropped to 3.5% in November, the lowest since 2022, amid ongoing household financial stress.
The data reflects persistent inflation pressures despite a recent decline in consumer spending power, particularly for middle- and lower-income households. Economists note the shutdown likely distorted survey results, with consumers drawing down savings during the period. The savings rate has declined monthly since April, coinciding with tariff announcements that contributed to economic uncertainty and higher prices. While core PCE remains a key Fed benchmark, the delayed release may reduce its immediate impact on policy decisions. Markets expect the Fed to hold rates steady at its January 30 meeting, balancing inflation control against weakening labor market trends.

The Personal Consumption Expenditures (PCE) price index rose 2.8% year-over-year in November, up from 2.7% in October, according to the Bureau of Economic Analysis. Core PCE, excluding food and energy, also increased 2.8%, matching prior months and remaining above the Federal Reserve’s 2% target. The report, delayed due to a government shutdown in October and November, showed inflation-adjusted disposable income fell 0.1% in October before rising 0.1% in November. The savings rate dropped to 3.5% in November, the lowest since 2022, amid ongoing household financial stress.

The data reflects persistent inflation pressures despite a recent decline in consumer spending power, particularly for middle- and lower-income households. Economists note the shutdown likely distorted survey results, with consumers drawing down savings during the period. The savings rate has declined monthly since April, coinciding with tariff announcements that contributed to economic uncertainty and higher prices. While core PCE remains a key Fed benchmark, the delayed release may reduce its immediate impact on policy decisions. Markets expect the Fed to hold rates steady at its January 30 meeting, balancing inflation control against weakening labor market trends.

ET 14:03
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Operational

UAW Reaches Tentative Deal with Ford: Workers to Return Amid Pressure on GM, Stellantis

The United Auto Workers union reached a tentative four-and-a-half-year contract with Ford on January 21, 2026, agreeing to an 11% immediate pay raise and at least 25% total increase by expiration, potentially boosting wages above $40 per hour. The deal includes a return of cost-of-living adjustments (COLA), which could yield total increases over 30% for most workers. Lower-tier employees, such as Isaiah Goddard earning $17/hour, stand to gain 85% in base pay. While the agreement has not yet taken effect, UAW leaders announced workers would return to work “soon” to pressure General Motors and Stellantis into similar deals. A ratification vote by Ford’s 57,000 UAW members is required before implementation.
The contract does not restore traditional pensions or retiree health care for newer hires, nor does it include EV battery plants under the national master agreement—key union demands. These omissions may prompt rank-and-file rejection, risking renewed strikes. Meanwhile, 29,000 UAW members remain on strike at GM and Stellantis, where negotiations continue. Both companies stated they are working toward agreements. Ford’s council approval is expected; rank-and-file support is uncertain, echoing past rejections at John Deere and Mack Trucks despite strong raises.

The United Auto Workers union reached a tentative four-and-a-half-year contract with Ford on January 21, 2026, agreeing to an 11% immediate pay raise and at least 25% total increase by expiration, potentially boosting wages above $40 per hour. The deal includes a return of cost-of-living adjustments (COLA), which could yield total increases over 30% for most workers. Lower-tier employees, such as Isaiah Goddard earning $17/hour, stand to gain 85% in base pay. While the agreement has not yet taken effect, UAW leaders announced workers would return to work “soon” to pressure General Motors and Stellantis into similar deals. A ratification vote by Ford’s 57,000 UAW members is required before implementation.

The contract does not restore traditional pensions or retiree health care for newer hires, nor does it include EV battery plants under the national master agreement—key union demands. These omissions may prompt rank-and-file rejection, risking renewed strikes. Meanwhile, 29,000 UAW members remain on strike at GM and Stellantis, where negotiations continue. Both companies stated they are working toward agreements. Ford’s council approval is expected; rank-and-file support is uncertain, echoing past rejections at John Deere and Mack Trucks despite strong raises.

ET 14:01
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Macro

Trump Sues JPMorgan Chase for $500M Over Account Closures, Alleging Political Motives

Former President Donald Trump filed a lawsuit against JPMorgan Chase (JPM-US) and CEO Jamie Dimon on January 22, 2026, seeking at least $500 million in damages over the bank's closure of his and related entities' accounts in early 2021. The suit, filed in Miami-Dade County, Florida, alleges the closures were politically motivated and violated state laws, including Florida’s Unfair Trade Practices Act.
The complaint states that JPMorgan terminated Trump’s accounts approximately seven weeks after the January 6 Capitol riot, without warning or provocation, citing unspecified legal and regulatory risks. It claims the bank imposed a "debanking" policy based on political ideology, placing Trump, the Trump Organization, and family members on a wealth management blacklist. Plaintiffs argue this reflects a broader trend of financial institutions denying services based on political views. JPMorgan denied wrongdoing, stating it closes accounts only when they pose legal or regulatory risks, not due to political or religious beliefs. The bank previously disclosed facing scrutiny over alleged "debanking" practices linked to the Trump administration.

Former President Donald Trump filed a lawsuit against JPMorgan Chase (JPM-US) and CEO Jamie Dimon on January 22, 2026, seeking at least $500 million in damages over the bank's closure of his and related entities' accounts in early 2021. The suit, filed in Miami-Dade County, Florida, alleges the closures were politically motivated and violated state laws, including Florida’s Unfair Trade Practices Act.

The complaint states that JPMorgan terminated Trump’s accounts approximately seven weeks after the January 6 Capitol riot, without warning or provocation, citing unspecified legal and regulatory risks. It claims the bank imposed a "debanking" policy based on political ideology, placing Trump, the Trump Organization, and family members on a wealth management blacklist. Plaintiffs argue this reflects a broader trend of financial institutions denying services based on political views. JPMorgan denied wrongdoing, stating it closes accounts only when they pose legal or regulatory risks, not due to political or religious beliefs. The bank previously disclosed facing scrutiny over alleged "debanking" practices linked to the Trump administration.

ET 13:59

Superstate Raises $82.5M in Series B, Expands Tokenization Infrastructure

Superstate, a blockchain infrastructure firm enabling the tokenization of traditional financial assets, raised $82.5 million in a Series B funding round announced January 22, 2026, led by Bain Capital’s crypto arm and Distributed Global, with participation from Haun Ventures and Galaxy Digital.
The company facilitates the on-chain representation of stocks, government securities, and other assets on Ethereum and Solana. Its platform has been used by Nasdaq-listed firms including Galaxy Digital and Solana Company to tokenize shares. The move reflects growing adoption across Wall Street, where BlackRock’s BUIDL fund—launched in 2024—has grown into a multi-billion-dollar product across multiple blockchains. The NYSE recently introduced an on-chain trading platform for tokenized equities and ETFs. Superstate CEO Robert Leshner said retail investors will increasingly use tokenized assets as collateral in DeFi, unlocking liquidity for real-world purchases. Coinbase’s new Tokenize service and DTCC’s open approach further signal momentum in asset tokenization. BlackRock’s Jay Jacobs noted accelerating convergence between crypto and traditional finance, calling it a “lucrative” and competitive frontier.

Superstate, a blockchain infrastructure firm enabling the tokenization of traditional financial assets, raised $82.5 million in a Series B funding round announced January 22, 2026, led by Bain Capital’s crypto arm and Distributed Global, with participation from Haun Ventures and Galaxy Digital.

The company facilitates the on-chain representation of stocks, government securities, and other assets on Ethereum and Solana. Its platform has been used by Nasdaq-listed firms including Galaxy Digital and Solana Company to tokenize shares. The move reflects growing adoption across Wall Street, where BlackRock’s BUIDL fund—launched in 2024—has grown into a multi-billion-dollar product across multiple blockchains. The NYSE recently introduced an on-chain trading platform for tokenized equities and ETFs. Superstate CEO Robert Leshner said retail investors will increasingly use tokenized assets as collateral in DeFi, unlocking liquidity for real-world purchases. Coinbase’s new Tokenize service and DTCC’s open approach further signal momentum in asset tokenization. BlackRock’s Jay Jacobs noted accelerating convergence between crypto and traditional finance, calling it a “lucrative” and competitive frontier.

ET 13:59
IMP7.0
SNT+1.0
CONF80%
M&A

General Fusion to Go Public via $1B Reverse Merger with Spring Valley III

General Fusion, the fusion energy startup that faced financial distress last year, is going public through a reverse merger with special purpose acquisition company Spring Valley III, valuing the combined entity at approximately $1 billion. The transaction, expected to close in 2026, could raise up to $335 million for General Fusion, significantly more than the $22 million lifeline it received in 2025.
The company plans to use proceeds to complete its LM26 demonstration reactor, which employs steam-driven pistons and liquid lithium to achieve inertial confinement fusion—avoiding costly lasers or magnets. General Fusion previously raised over $440 million since its 2002 founding. It aims for scientific breakeven by 2026, though commercial viability remains unproven. The deal follows a broader trend of fusion companies pursuing public listings amid rising global electricity demand driven by data centers, EVs, and electrification. Spring Valley III has prior experience taking energy firms public, including NuScale Power and Eagle Energy Metals.

General Fusion, the fusion energy startup that faced financial distress last year, is going public through a reverse merger with special purpose acquisition company Spring Valley III, valuing the combined entity at approximately $1 billion. The transaction, expected to close in 2026, could raise up to $335 million for General Fusion, significantly more than the $22 million lifeline it received in 2025.

The company plans to use proceeds to complete its LM26 demonstration reactor, which employs steam-driven pistons and liquid lithium to achieve inertial confinement fusion—avoiding costly lasers or magnets. General Fusion previously raised over $440 million since its 2002 founding. It aims for scientific breakeven by 2026, though commercial viability remains unproven. The deal follows a broader trend of fusion companies pursuing public listings amid rising global electricity demand driven by data centers, EVs, and electrification. Spring Valley III has prior experience taking energy firms public, including NuScale Power and Eagle Energy Metals.

ET 13:58
IMP9.0
SNT+1.0
CONF50%
M&A

Netflix's Sarandos to testify in Senate hearing on Warner deal - NFLX

Netflix co-CEO Ted Sarandos is set to testify in February before a U.S. Senate committee reviewing the company’s proposed $82.7 billion acquisition of Warner Bros.’ streaming and studio operations, according to Bloomberg News. The hearing will also include Bruce Campbell, Warner Bros.’ chief strategy officer, who plans to appear, sources familiar with the matter told the outlet.
The proposed transaction, announced in late 2025, has drawn scrutiny from antitrust regulators and lawmakers over potential market concentration in entertainment and media. Netflix and Warner Bros. have not commented on the upcoming testimony or the hearing schedule. The Senate panel is expected to examine competitive impacts, content distribution, and pricing dynamics in the streaming sector. The hearing date has not been finalized but is anticipated in early February 2026.

Netflix co-CEO Ted Sarandos is set to testify in February before a U.S. Senate committee reviewing the company’s proposed $82.7 billion acquisition of Warner Bros.’ streaming and studio operations, according to Bloomberg News. The hearing will also include Bruce Campbell, Warner Bros.’ chief strategy officer, who plans to appear, sources familiar with the matter told the outlet.

The proposed transaction, announced in late 2025, has drawn scrutiny from antitrust regulators and lawmakers over potential market concentration in entertainment and media. Netflix and Warner Bros. have not commented on the upcoming testimony or the hearing schedule. The Senate panel is expected to examine competitive impacts, content distribution, and pricing dynamics in the streaming sector. The hearing date has not been finalized but is anticipated in early February 2026.

ET 13:58
IMP6.0
SNT+0.8
CONF90%
Operational

Meta (META) Shares Rise 4.7% on Ad Expansion and AI Progress

Meta Platforms (NASDAQ:META) shares rose 4.7% on January 22, 2026, after the company announced it would launch ads on Threads, which has surpassed 400 million monthly active users, and following positive analyst commentary on its AI-driven ad tools reaching a $60 billion annual revenue run rate.
Jefferies analysts noted Meta trades at a discount to Alphabet and said AI investment costs are likely already priced in. The firm also highlighted internal progress from Meta’s new AI lab, with promising early models. The ad rollout on Threads marks a new monetization stream, boosting investor sentiment. Despite the gain, Meta’s stock remains 18.2% below its 52-week high of $790 set in August 2025. The stock has been relatively stable, with only seven moves exceeding 5% over the past year. In October 2025, META dropped 12.2% after reporting a one-time $15.93 billion tax charge that reduced EPS to $1.05, missing estimates by 84.3%. Excluding the charge, adjusted EPS was $7.25, above consensus. Revenue rose 26.2% to $51.24 billion, but forward guidance was in line, and margins declined, signaling cost pressures.

Meta Platforms (NASDAQ:META) shares rose 4.7% on January 22, 2026, after the company announced it would launch ads on Threads, which has surpassed 400 million monthly active users, and following positive analyst commentary on its AI-driven ad tools reaching a $60 billion annual revenue run rate.

Jefferies analysts noted Meta trades at a discount to Alphabet and said AI investment costs are likely already priced in. The firm also highlighted internal progress from Meta’s new AI lab, with promising early models. The ad rollout on Threads marks a new monetization stream, boosting investor sentiment. Despite the gain, Meta’s stock remains 18.2% below its 52-week high of $790 set in August 2025. The stock has been relatively stable, with only seven moves exceeding 5% over the past year. In October 2025, META dropped 12.2% after reporting a one-time $15.93 billion tax charge that reduced EPS to $1.05, missing estimates by 84.3%. Excluding the charge, adjusted EPS was $7.25, above consensus. Revenue rose 26.2% to $51.24 billion, but forward guidance was in line, and margins declined, signaling cost pressures.