Dow Jones Index Rises 0.89% to 49,325.46 Points
The major averages were broadly higher near noon as a dramatic reversal in the of gold eased. Wall Street is kicking off February with gains as solid factory data bolstered optimism. Data showed manufacturing activity expanded the most since 2022. While gold was down 4.5% near midday, it pared most of an earlier plunge.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Disneyreportedand provided its outlook for Q2 and FY26Oracleexpects toof gross cash proceeds in 2026Nvidia'splan to invest $100B in OpenAI has stalled,, though Bloomberg later reported that Nvidia CEO Jensen Huang said the company's new OpenAI investment will be "huge"Devon Energyand Coterra Energyagreed to merger in, implying a combined enterprise value of $58BTyson Foods, with EPS and revenue beating consensus2. WALL STREET CALLS:William BlairPalantirto Outperform after 30% pullbackHumanato Underweight at Morgan StanleyMcDonald'sto Buy at BTIG after talks with franchiseesScotiabankFortineton less share optimism for 2026Best Buyto Neutral at JPMorgan3. AROUND THE WEB:Fordheld discussions with Xiaomiover a partnership to help Chinese carmakers gain a foothold in the U.S., FT reportsAlibabahas delivered more than 100,000 units of the Zhenwu 810E, an ASIC for AI training and inference, surpassing those of its domestic rival Cambricon, SCMP reportsA consortium led by KKRis close to a deal to purchase ST Telemedia Global Data Centres, a global data center provider based in Singapore, in a deal that values the company over $10B, WSJ saysTeslaCEO Elon Musk's SpaceX is seeking FCC approval to launch 1M satellites that will orbit the Earth and harness the sun to power AI data centers, Reuters saysWarner Bros. Discoverywill likely allow its shareholders to vote on its Netflixagreement in March, CNBC says4. MOVERS:Brookfield Asset Managementgains after announcing it willfor $21 per sharePerspective Therapeuticsincreases afterat $3.79Yextdeclines after announcing itshis previously announced proposal to acquire all shares of the companyEldoradofalls after announcingin a C$3.8B transactionXPenglower after announcingin January5. EARNINGS/GUIDANCEAptivand provided guidance for FY26Revvity, with CEO Prahlad Singh commenting, "We finished 2025 on a strong note"Napco Security (NSSC) reportedand raised its quarterly dividendOperaTwist Bioscienceand raised its guidance for FY26INDEXES:Near midday, the Dow was up 0.89%, or 432.99, to 49,325.46, the Nasdaq was up 0.66%, or 154.36, to 23,616.18, and the S&P 500 was up 0.56%, or 38.55, to 6,977.58.
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