Good morning.
The Dow just broke 50,000 for the first time, Bitcoin clawed back to $70,000 after hitting a 16-month low, and tech companies dominated the Super Bowl commercials.
Meanwhile, Novo Nordisk declared war on Hims & Hers and Stellantis tanked 20% last week.
Markets are slightly down to start the day.
In this issue:
Prediction markets ate into Super Bowl betting, crushing DraftKings
Nvidia is back, rising 8% as investors embrace the AI trade again
Novo Nordisk declares: There can be only one GLP-1 pill
Let’s get into it.
But first, take a look at what could be the next Magnificent 7:
This is not financial advice. Always do your own research. Past performance doesn’t guarantee future results.
$1,000 in just seven stocks in 2004 could have turned into a million-dollar portfolio today…
Back then… one financial expert begged people to look at Nvidia -- when it was trading at just $1.10!
Now… he’s urging you to look at a new group of seven stocks…
Check this Out (The NEXT Magnificent Seven)
📰 Market Headlines
The Dow topped 50,000 for the first time on Friday, capping a volatile week with a 2.5% surge as Wall Street shook off AI disruption fears. The S&P 500 climbed 2% in its best session since May, while the Nasdaq added 2.1%.
Nvidia bounced back hard, jumping 8% as investors warmed again to Big Tech's AI spending plans. Amazon was the outlier, tumbling 7% after forecasting $200 billion in 2026 capex while guiding operating income below expectations.
Bitcoin clawed back to $70,000 after touching a 16-month low overnight. The largest cryptocurrency is still down nearly 20% year to date, having erased all post-President Trump election gains this week. It sits near $68,000 at the time of writing.
And the Seahawks won the Super Bowl over the Patriots, 29-13.
Novo Nordisk (NVO) shares popped 6.5% after it threatened legal action against Hims & Hers (HIMS) for copying its GLP-1 pill. In response, Hims & Hers pulled their pill off the market, leading to a spike in NVO shares and a 15% drop for HIMS stock. Novo Nordisk is now reportedly “asking the court to permanently ban Hims from selling compounded versions of its drugs that infringe on the company’s patents,” according to CNBC.
US employers slashed 108,435 jobs in January, the worst start to a year since 2009. That's a 205% spike from December and 118% higher than January 2025. Hiring plans collapsed to just 5,306 positions, the lowest January ever recorded.
AI was cited in 7,624 cuts last month. Since tracking began in 2023, nearly 80,000 layoffs have been tied directly to artificial intelligence.
UPS accounted for 30,000 cuts alone after its Amazon separation. Amazon shed another 16,000 as it flattened management layers.
Stellantis tanked over 20% after announcing a €22.2 billion ($26 billion) charge to scale back its EV push. Trading was briefly halted in Milan as the Jeep maker wiped €5 billion off its market cap in a single session.
Prediction markets are eating into Super Bowl betting. Kalshi pulled 1.9 million app downloads in January versus a combined 100,000 for DraftKings and FanDuel's new prediction market apps. Analysts expect traditional sportsbook handle to fall 2% from last year as prediction markets capture an estimated $630 million in bets.
Flutter stock is on an eight-week skid, its longest since 2003. DraftKings trades near its lowest since 2023, down over 60% from its all-time high.
Netflix's $82.7 billion Warner Bros. merger puts rival streamers in survival mode. Paramount Plus, Disney Plus, Peacock, and Apple TV now face a combined juggernaut as the streaming consolidation wave accelerates.
Treasury Secretary Scott Bessent blamed Chinese traders for last week's gold volatility, calling the rally a "classical, speculative blowoff." China is tightening margin requirements after the record-breaking precious metals run reversed sharply.
🤖 AI/Future/Tech News
Benchmark raised $225 million to double down on Cerebras, which closed a $1 billion round at a $23 billion valuation, nearly triple its $8.1 billion mark six months ago.
Apple will let third-party AI chatbots like ChatGPT and Gemini run through voice control in CarPlay, though Siri keeps its wake word and button.
The EU ordered TikTok to add screen-time breaks or face fines of up to 6% of annual revenue, saying infinite scroll and autoplay violate its Digital Services Act.
Waymo secured $16 billion to expand into a dozen cities, including London and Tokyo, after tripling annual rides to 15 million in 2025.
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🪙 Crypto
Tokenized equities approached $1 billion in market value, up nearly 30x from a year ago, with Ondo, Backed Finance, and Securitize controlling over 93% of the market.
China's central bank formally banned yuan-backed stablecoins and tokenized assets to clear the runway for its digital yuan.
A whale who lost $250 million on Hyperliquid sent 5,000 BTC, worth $351 million, to Binance, sparking speculation of incoming selling pressure.
🚨 AltIndex: Top 5 Stocks
AltIndex’s alert system is firing on all cylinders, and these are the five stocks that it sees as the most promising over the next 5 months.
Number 1 and number 3 are energy stocks, and 2 is a precious metals contender. Can you guess the tickers?
🎪 Crowdfunding Showcase
Tucktec makes hard-shell foldable kayaks that combine the performance and durability of a traditional kayak with the portability of a compact, easily stored craft, unfolding in minutes with no roof rack required. The company has sold over 50,000 kayaks and holds a US patent on its folding design, positioning itself between rigid and inflatable options in the portable kayak market.
Funds will support manufacturing scale-up, marketing, inventory growth, and year-round production capacity.
🎙 Make Your Voice Heard
Are Super Bowl ads a waste of money or a good investment for companies?
🎤️ What you said last time
🧠 The Missing (Market) Links
Japan’s Nikkei index hit a new all-time high of 57,000 after Prime Minister Sanae Takaichi won a crucial snap election by a landslide.
A New Jersey couple bought a 140-year-old house for $550,000 and found a 1948 Stan Musial rookie card hidden in the walls.
US credit card debt just hit a record $1.25 trillion, nearly double what it was in 2013.
Six new electric SUVs under $35,000 are hitting US dealerships this year, including a revamped Nissan Leaf starting below $30K.
Gen Z is dumping social media for vinyl records and flip phones; nearly a third deleted a social app last year, per Deloitte.
Netflix closed on Fort Monmouth, a former Army base in New Jersey, to build a $900 million production campus with 12 soundstages.
📜 Quote of the Day
In the short run, the market is a voting machine. In the long run, it is a weighing machine
📢 We want to hear from you.
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⭐️ What did you think of today's edition?
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Cheers,
Brandon & Blake of Invested Inc
The information provided in Stocks & Income is for informational and educational purposes only and should not be construed as financial advice, investment advice, or a recommendation to buy or sell any securities. Stocks & Income is not a registered investment advisor, broker-dealer, or licensed financial planner. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We may hold positions in or receive compensation from the companies or products mentioned. Disclosures will be made where applicable. Past performance doesn’t guarantee future results.
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