News Bulletin

Friday, January 02 2026
Evening Edition

 

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Friday, January 2, 2026

 

9:45

S&P Global Manufacturing PMI (Dec)

51.8

51.8

52.2

 

Fed's Balance Sheet

 

 

6,557B

 

Reserve Balances with Federal Reserve Banks

 

 

2.934T

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

48,382.39 

47,574.34

44,543.45

NASDAQ

23,235.63 

23,251.54

20,857.65

S&P 500

6,858.47

6,804.81

6,292.62

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO : Before Market Opening /AMC : After Market Close)

   COMPANY

EPS  Act

EPS Fore

Rev Act

Rev Fore

Mkt Cap

Time

Park Aerospace (PKE)

--

  --

--

  --

420.21M

 

Lifecore Biomedical (LFCR)

--

-0.11

--

  37.44M

292.24M

 

Hurco (HURC)

--

  --

--

  --

97.27M

 

Brookmount Explorations Inc (BMXI)

--

  --

--

  --

11.56M

 

 

Market News:

More Venezuela-bound oil tankers divert amid US seizure threats – Bloomberg  :  More oil tankers are turning away from Venezuela as the US threatens to seize vessels transporting oil that helps fund President Nicolas Maduro’s government.At least seven ships have reversed course or halted at sea, according to ship movements tracked Friday by Bloomberg. This adds to four other vessels that turned away shortly after US forces boarded the vessel Skipper in mid-December.

 

General Electric (GE) stock reached a 52-week high, climbing to $318.07, just pennies away from its actual 52-week high of $318.06. This milestone reflects a significant upward trend for the company, which has seen its stock price increase by 83.75% over the past year, with an impressive 26.34% gain in just the last six months.

 

Pinterest Inc (NYSE:PINS) stock rose 3% on Friday after The Information predicted that OpenAI would acquire the social media platform in 2026.

 

Norwegian energy group Equinor filed a civil suit in the U.S. District Court for the District of Columbia on Friday, challenging a U.S. Department of the Interior order to suspend its Empire Wind project.

 

BrightSpring Health Services, Inc. (BTSG): Analyst David Larsen assigns a Buy rating with a $50 price target. The stock has demonstrated a strong uptrend since summer, reaching new all-time highs. While some consolidation may occur, BTIG believes further upside is likely as long as it maintains support above its 50-day moving average of $34.43.

 

2Compass, Inc. (COMP): With a Buy rating and $12.50 price target from analyst Jake Fuller, this stock has shown remarkable recovery after declining 90% from 2021 to 2023. Following a multi-year base formation, it broke out in November. BTIG sees good support in the $9-$9.50 range and projects potential upside to $14 if support holds.

 

Compass, Inc. reported strong third-quarter 2025 results with revenue of $1.85 billion, a 23.6% year-over-year increase, and record adjusted EBITDA of $93.6 million. Additionally, Barclays upgraded the company’s stock to Overweight, citing synergies from its acquisition of HOUS.

 

Edwards Lifesciences Corporation (EW): Analyst Marie Thibault rates it Buy with a $103 target. After a significant gap down in mid-2024, the stock has steadily recovered, filling the gap in November. Recent consolidation suggests another leg higher into the mid-$90s, with potential to reach $105-$110 if it clears the $95 level.

 

. Establishment Lab Holdings, Inc. (ESTA): Carrying an $86 price target from analyst Sam Eiber, this stock broke out in October/November and is now consolidating below $80. BTIG maintains a constructive outlook as long as support at $62-$64 holds.

 

Harrow, Inc. (HROW): Analyst Thomas Shrader assigns a $63 target. After a strong run followed by a pullback in early 2025, the stock has been recovering. BTIG believes it could challenge its previous high around $59, with support in the low $40s offering potential buying opportunities.Harrow, Inc. reported a third-quarter 2025 earnings per share of $0.33, beating forecasts, and also completed its acquisition of clinical-stage pharmaceutical company Melt Pharmaceuticals.

 

Klaviyo, Inc. (KVYO): With a $40 target from analyst Nick Altmann, this stock has been forming a base for the past year with a potential double bottom around $23. Having reclaimed its 200-day moving average, it faces resistance at $35-$37, but could run to $40-$50 if it breaks through.

 

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