NEW YORK, January 31, 2026 – Wall Street is bracing for a busy week of economic data, even as January delivered a mixed bag for investors. The S&P 500 hit fresh all-time highs last week and closed the month up 1.4%, but cryptocurrencies stumbled, with Bitcoin and Ethereum declining 10.1% and 17.4%, respectively. Gold and silver presented a more complex picture, with both metals rebounding despite a sharp Friday sell-off-gold falling
Investors will be closely watching a flurry of labor market reports this week.
- Tuesday brings the Job Openings and Labor Turnover Survey (JOLTS) report.
- wednesday features the ADP employment report (private payrolls).
- Thursday’s initial jobless claims will be released.
- Friday’s all-significant monthly jobs report includes the updated unemployment rate.
earnings Season Continues
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Corporate earnings season remains in full swing, with a diverse range of companies reporting this week. Disney and Palantir kick things off on Monday, followed by PayPal, Advanced micro Devices, and Chipotle on Tuesday. uber, alphabet, and Eli Lilly are scheduled to report on Wednesday, while Amazon, Strategy, and Reddit will share their results on Thursday.
SoFi Under Pressure
Shares of SoFi Technologies stumbled on Friday, falling more than 6% after its latest earnings report. The stock has lost over 11% in the past week and is now approximately 30% below its record highs, leaving investors to question weather further declines are likely or if a rebound is on the horizon.
The stock had been trading within a range between $25 support and $30 resistance, but last week saw that support level break as SOFI fell toward $22. Buyers did step in around the 200-day moving average, but the critical question now is whether this moving average will continue to hold as support or if lower prices are unavoidable.
Options Strategies
For options traders, calls or bull call spreads could be considered as a way to bet on a potential bounce. This strategy limits risk to the premium paid for the calls or spreads while aiming to profit from a stock price increase. Conversely, investors anticipating a further decline could explore put options or put spreads.
What Wall Street Is Watching
- ORCL – Oracle announced plans to raise $45 billion to $50 billion through a combination of debt and equity financing in 2026 to aggressively expand its AI cloud infrastructure. The company intends to increase capacity to meet the growing demand for AI workloads from customers including Nvidia, Meta, OpenAI, AMD, TikTok, and xAI.
- SPY – Investors are digesting last week’s Federal Reserve announcement (no interest-rate change) and the anticipated appointment of Kevin Warsh as the new Fed chair later this year. While Warsh generally favors lower interest rates, his previous tenure at the Fed is remembered as more hawkish, impacting stocks, bonds, currencies, metals, and crypto.
- MSFT – Microsoft stock tumbled 7.7% last week following its earnings release. Despite beating analysts’ expectations, investors expressed concern about the company’s cloud growth, as it prioritizes internal initiatives over short-term gains. Shares fell to their lowest levels since mid-April amid increased spending expectations.
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Disclaimer: please note that due to market volatility, some of the prices may have already been reached and scenarios played out. Content, research, tools, and stock symbols displayed are for educational purposes only and do not imply a advice or solicitation to engage in any specific investment strategy. All investments involve risk, losses may exceed the amount of principal invested, and past performance does not guarantee future results.
