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Source document· January 26, 2026

Stock market today: Dow, S&P 500, Nasdaq inch higher with big week of Big Tech earnings, Fed meeting ahead

View original at finance.yahoo.com
Stock market today: Dow, S&P 500, Nasdaq inch higher with big week of Big Tech earnings, Fed meeting ahead US stocks nudged higher on Monday, signaling cautious optimism on Wall Street as pressure built on the dollar ahead of a big week filled with a Federal Reserve rate decision and Big Tech earnings reports…
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  • Tech sector issued nearly $700 billion in investment-grade debt over the past quarter, closing in on the just-over $800 billion in issuance by the financial sector

    80% confidence
  • Microsoft would spend more in 2026 than the $88.2 billion it spent in 2025

    80% confidence
  • Trump hinted he could name his choice of replacement for Powell as soon as this week

    80% confidence
  • Meta boosted spending projections from a range of $66 billion-$72 billion to between $70 billion and $72 billion

    80% confidence
  • Intel expects losses to continue into the first quarter

    80% confidence
  • The share of people citing an 'AI bubble' is falling

    80% confidence
  • Investors can't not consider the risks of bottomless spending and sky-high valuations

    80% confidence
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Lo que estamos viendo
Obesity and Immunology Readouts, Big Pharma M&A and AI-Designed Drugs Converge Into a Q4 2026 Catalyst Wave
Late-stage data and deal activity are clustering ahead of Q4 2026. Novo Nordisk's CagriSema won Best Abstract at EASD 2026 for its brain and body (fMRI/MRI) data, Lilly showed ADtouch results for EBGLYSS and agreed to buy Merida Biosciences for $2.9B, and Merck's tulisokibart hit its Phase 2b endpoints. A key regulatory catalyst follows: the FDA PDUFA date for the ivonescimab BLA on 2026-11-14. AI-designed rentosertib showing anti-aging effects adds a speculative AI-drug-discovery thread, while QAIAx's microcities trial and QIII pilot (planned 2027-01-01) are peripheral, forecast-only items.
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Satellite-Terrestrial Network Integration Acceleration
Increased investment and launches in hybrid satellite-cellular networks across telecom industry; competitive responses from other carriers; regulatory activity around satellite spectrum; expansion of emergency/rural connectivity use cases
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Donde las fuentes discrepan
ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
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