Stock Market Update

[BRIEFING.COM] The S&P 500 (+0.6%), Nasdaq Composite (+0.9%), and DJIA (+0.7%) face a touch of selling pressure that has pushed them from session highs, though they still hold solid gains.

Attention now turns to another batch of earnings reports after the close, with Intel (INTC 53.92, -0.34, -0.62%) one of the most notable names to report this week. The stock is down modestly today but has surged 14.9%  this week and is up an impressive 46.5% since the start of 2026. 

The stock is trading at multi-year highs and up nearly 120% since September 17, 2025—the date NVIDIA (NVDA 184.54, +1.22, +0.67%) announced a landmark $5 billion investment to co-develop AI infrastructure and PC products.

To satisfy current market expectations, INTC needs to issue a Q1 outlook of $0.06 for EPS and $12.56 billion in revenue. Bullish sentiment is high following Taiwan Semiconductor Manufacturing's (TSM 329.41, +3.29, +1.01%) strong "beat and raise" report on January 15.

The report will be an early test of sentiment as the market heads into a jam-packed week of tech earnings next week, which will include reports from Meta Platforms (META 646.48, +33.52, +5.47%), Microsoft (MSFT 450.87, +6.76, +1.52%), and Tesla (TSLA 447.28, +15.84, +3.67%).