Investor Sentiment Uneasy as Major Indices Post Modest Gains
Investor sentiment remains uneasy with only modest gains seen across the major indices as markets reopened after an extended holiday weekend. S&P 500 briefly made 2026 lows, slipping below 6,780 in the opening hours of Tuesday's session, before a late-day recovery. Basic Materials and Energy were the worst performing sectors, with WTI Crude Oil prices slipping below $62 per barrel on reported talks between U.S. and Iran, while Real Estate was the best space in the benchmark as last week's soft inflation data continues to translate into expectations of more aggressive rate cuts this year. The VIX volatility index - while still above 20 - also ended Monday well off its intraday high.In the opening hour of the evening session, S&P e-minis, Nasdaq 100, and Dow Industrials are all down about 0.1%. Precious Metals and Oil prices also remain under modest pressure. Wednesday's earnings calendar is highlighted by Booking Holdings, Analog Devices, Doordashand Carvana.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Rush Street Interactiveup 18.1%Quantumup 15.9%Pitney Bowesup 9.4%AtriCureup 8.3%Celaneseup 6.9%RB Globalup 5.7%Cadence Designup 4.8%Caesars Entertainmentup 3.2%Toll Brothersup 0.5%DOWN AFTER EARNINGS -Axcelis Technologiesdown 15.1%MKSdown 10.3%Palo Altodown 8.0%La-Z-Boydown 6.6%Glaukosdown 0.6%ALSO LOWER -Applied Digitaldown 8.8% as Nvidia exits positionSandiskdown 2.6% after equity offering
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- Earnings Surprise: Pitney Bowes reported an adjusted EPS of 45 cents for Q4, surpassing the analyst consensus of 38 cents, indicating strong profitability and boosting investor confidence.
- Sales Miss: The quarterly sales of $478 million fell short of the expected $486.68 million, highlighting some market demand challenges that could impact future revenue growth.
- Stock Surge: The company's shares jumped 7.9% to $11.05 in pre-market trading, reflecting optimistic market sentiment regarding its future prospects and potentially attracting more investor interest.
- Positive Guidance: Pitney Bowes issued FY26 adjusted EPS guidance with a midpoint above estimates, further strengthening market confidence in its long-term growth potential.
- Record Revenue Growth: Rush Street Interactive achieved $1.13 billion in revenue for 2025, marking a 23% year-over-year increase that exceeded expectations, showcasing strong performance across various markets and product lines, thereby solidifying its market position.
- Significant User Growth: Monthly Active Users (MAUs) in North American online casino markets surged by 51% in Q4, reaching 278,000, representing the second-highest quarterly growth rate in the past 4.5 years, indicating the company's success in user acquisition and retention.
- Optimistic Future Outlook: The company projects 2026 revenue between $1.375 billion and $1.425 billion, reflecting a year-over-year growth of 21% to 26%, with adjusted EBITDA expected to range from $210 million to $230 million, highlighting strong growth potential in the Latin American market.
- Increased Strategic Investment: Management plans to ramp up investments in differentiated casino content and online casino legalization efforts in 2026, further driving the company's differentiation strategy in a competitive market and ensuring long-term shareholder value.
- Earnings Highlights: Rush Street Interactive reported a Q4 2025 non-GAAP EPS of $0.08, missing estimates by $0.03, yet revenue reached $324.9 million, up 27.8% year-over-year, exceeding expectations by $19.3 million, indicating strong revenue growth.
- User Growth: Monthly Active Users (MAU) in the U.S. and Canada surpassed 278,000, a 37% increase year-over-year, with online casino MAUs growing even more significantly by 51%, demonstrating the company's expanding user base and enhancing future revenue potential.
- Latin America Performance: MAUs in Latin America exceeded 493,000, reflecting a 47% year-over-year increase, showcasing robust market demand and further solidifying Rush Street's international expansion strategy.
- Future Outlook: The company has set revenue guidance for full-year 2026 between $1.375 billion and $1.425 billion, representing a year-over-year growth of 21% to 26%, while Adjusted EBITDA guidance is between $210 million and $230 million, indicating a projected growth of 37% to 50%, reflecting confidence in future growth.
- Recent Damage in Technology: The technology sector, especially software, has experienced significant and noticeable damage recently.
- Market Performance: Following three years of over 20% gains for the Nasdaq, a market correction was anticipated.
- Executive Sell-Off: On February 4, 2026, Rush Street Interactive CEO Richard Todd Schwartz executed an open-market sale of 247,114 shares valued at approximately $4.4 million, marking his largest single sale, exceeding his previous median sell size of 193,900 shares, indicating a cautious outlook on the company's future.
- Ownership Impact: Following this transaction, Schwartz's direct holdings decreased to 949,048 shares, representing about 0.97% of the company's outstanding shares, which may raise market concerns regarding his confidence in the company, especially ahead of the upcoming earnings report.
- Financial Performance Expectations: Rush Street Interactive is set to release its Q4 FY2025 earnings report on February 17, 2026, with market expectations leaning towards continued strong performance, particularly given its Q3 revenue beat of 4.3% over analyst estimates, reaching $277.91 million.
- Industry Context Analysis: Amidst the booming online betting industry, Rush Street's stock rose approximately 40% in 2025, and while the outlook appears positive, investors may opt to wait for the earnings report before making significant investment decisions to assess the company's ongoing growth potential.
- Earnings Announcement: Rush Street Interactive (RSI) is set to announce its Q4 2023 earnings on February 17 after market close, with a consensus EPS estimate of $0.11, reflecting a 57.1% year-over-year increase, indicating a strong profitability trend that could positively impact stock performance.
- Revenue Growth Expectations: Analysts project RSI's revenue to reach $305.6 million, representing a 20.2% year-over-year growth, which underscores the company's robust market performance and sustained customer demand, likely boosting investor confidence.
- Historical Performance: Over the past two years, RSI has consistently beaten both EPS and revenue estimates 100% of the time, reinforcing market trust in the company and laying a solid foundation for future growth.
- Revision Trends: In the last three months, EPS estimates have seen three upward revisions with no downward adjustments, while revenue estimates experienced four upward revisions and two downward adjustments, indicating a prevailing optimistic sentiment in the market regarding RSI's future performance.








