2026년 2월 9일 · Unknown · financial · 출처 Yahoo Finance
US stocks turned higher on Monday, after a turbulent week that ended with the Dow closing above 50,000 for the first time as investors face another busy schedule of earnings and economic data.
The S&P 500 (^GSPC) rose around 0.5%, while the tech-heavy Nasdaq Composite (^IXIC) gained 1%. The Dow Jones Industrial Average (^DJI) hovered around the flat line, keeping above its milestone.
SNP - Free Realtime Quote•USD
(^GSPC)
Follow View Quote Details
6,972.85 +40.55 (+0.58%)
As of 12:40:09 PM EST. Market Open. ^GSPC^IXIC ^DJI
Advanced Chart
Wall Street continues to debate the AI disruption risk to software companies, with a sharp decline in shares of Monday.com (MNDY) to start the week, the latest sign of unease toward the sector. That stock fell as much as 22% after the software maker offered revenue and profit guidance that fell short of Wall Street forecasts.
But other tech stocks continued a rebound from Friday. Nvidia (NVDA) and AMD (AMD) both gained over 3%, while Oracle (ORCL) surged nearly 10%. Microsoft (MSFT) gained over 2%.
Gold (GC=F) and bitcoin (BTC-USD) also remained in focus for investors, with gold futures rising back above $5,000 an ounce on Monday while bitcoin fell back below $69,000. Both assets were hit hard last week, with bitcoin suffering its sharpest daily decline since 2022 on Thursday.
On the economic data side, investors will remain in wait-and-see mode until Wednesday, with the Bureau of Labor Statistics is set to release the delayed January jobs report. The focus will be on whether further signs of cracks in the labor market emerge after ADP's private-sector payrolls update last week fell short. Consumer inflation data from the BLS is also set for release Friday morning.
On the earnings front, ON Semiconductor (ON) will release results after the close on Monday, with key results later this week expected from Coca-Cola (KO), McDonald's (MCD), and Cisco (CSCO).LIVE15 updates
32 mins ago
Grace O'Donnell
Goldman issues a blunt warning to beat-up software stock investors
Yahoo Finance's Brian Sozzi reports:
Read more here. 55 mins ago
Myles Udland
Oracle stock surges after upgrade at DA Davidson on OpenAI optimism
Oracle (ORCL) stock rose as much as 9% on Monday after Gil Luria at DA Davidson upgraded the stock to Buy from Neutral, keeping a $180 price target on the stock and arguing that the overhang from OpenAI is set to lift.
"We believe that a revamped OpenAI will return to its position as Google's top challenger and with a fresh stack of capital be able to live up to its obligations this year, including to Oracle," the firm wrote in a published Monday. "We believe this will remove the biggest concern from ORCL."
In September, Oracle stock surged after the company revealed a massive increase in its contract backlog. Most of this increase was later revealed to be tied to OpenAI. Through the fall, investors soured on the stock amid both a perception that OpenAI had fallen behind in the AI race to Google — and to some extent Anthropic — and the scale of Oracle's financial obligations related to meeting these future contracts came to light.
Oracle stock fell about 50% from its peak in September as fears rippled through the market. Even with Monday's move, shares are still down about 10% this year.
NYSE - Nasdaq Real Time Price•USD
(ORCL)
Follow View Quote Details
159.24 +16.42 (+11.50%)
As of 12:40:09 PM EST. Market Open. Advanced Chart
Now, however, Luria and his team think the hate has gone too far, both towards Oracle and OpenAI.
"We are now more positive on OpenAI, based on changes in strategy, new frontier models, the pressure on Google’s competitors from its recent ascent, and progress on its fundraising efforts," the firm wrote.
"Most importantly, we believe OpenAI already has as much as $40B of cash on hand and may be raising as much as another $100B by the end of the quarter, which should help pay for the data centers Oracle is building for OpenAI."
Luria and team also noted a more recent decline in Oracle stock has been attributed to the overall souring on software stocks from investors, but believes this fear has gone too far as well.
"We believe companies will continue to pay for Oracle's products and that they will not be vibe coded away," DA Davidson wrote in its note.
The firm also noted that Oracle could see as much as $9 billion worth of upside related to its recent deal to take over hosting for TikTok USA, a deal that finally came through last month years of legal battles. Today at 4:30 PM UTC
Grace O'Donnell
Cleveland-Cliffs stock drops 19% after challenging fourth quarter
Cleveland-Cliffs (CLF) stock dropped 19% on Monday morning after the steel producer's fourth quarter revenue missed estimates. The company said it expects improvements in 2026 after a disappointing end to 2025.
“Our performance in 2025 was negatively affected by persistently weak production levels from the automotive sector throughout the entire year, an expiring five-year slab contract becoming value-destructive during its last year, and a newly adverse dynamic in the Canadian market," Cleveland-Cliffs CEO Lourenco Goncalves said in a statement. "Fortunately, as we started 2026, these negative situations have all improved."
The steel producer recorded a net loss per share of $0.44, which was narrower than the $0.60 loss Wall Street was expecting, according to S&P Global Market Intelligence. For the full year, the company reported an adjusted net loss of $2.48 per share, compared to a net loss of $0.73 a year ago.
Revenue of $4.3 billion also fell short of estimates of $4.5 billion.
In the fourth quarter, Cleveland-Cliffs had 3.77 million net tons in steel shipments, compared to 3.8 million tons in the same period a year earlier. For 2026, Cleveland-Cliffs expects to ship 16.5 million to 17 million tons of steel. Today at 4:00 PM UTC
Brett LoGiurato
Musk pivots SpaceX from Mars to moon as mega-IPO approaches
Yahoo Finance's Pras Su…