Retail sentiment remained mixed on Stocktwits, with a neutral view on SPY but growing bullishness around QQQ.
- Investors remain cautious as the first major earnings reports of 2026 collide with high-stakes inflation data.
- For JPMorgan, Wall Street analysts expect total revenue of $46.25 billion and earnings per share of $5.02 in the fourth quarter, according to data compiled by Fiscal AI.
- Nvidia has reportedly clarified that it does not require upfront payments for H200 chips
U.S. stock futures were slightly lower early Tuesday morning as Wall Street braced for December CPI data and the official kickoff of another earnings season, with JPMorgan due to report before the opening bell. It sets the stage for earnings reports by Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley throughout the week.
As of 3:30 a.m. ET on Tuesday, Nasdaq 100 futures and the Russell 2000 futures traded 0.1% lower, while the S&P 500 futures and Dow futures were flat with a negative bias.
On Stocktwits, however, retail sentiment toward the SPDR S&P 500 ETF (SPY), an exchange-traded fund that tracks the S&P 500 Index, remained ‘neutral’, down from ‘bullish’ last week. While sentiment toward the Invesco QQQ Trust (QQQ) ETF, which tracks the Nasdaq 100 Index, has moved to ‘bullish’ levels amid high message volumes.
Trending Stocks To Watch
JPMorgan Chase (JPM): Shares are in focus ahead of their premarket earnings release. For the fourth quarter, Wall Street analysts are expecting a total revenue of $46.25 billion and earnings per share of $5.02, according to data compiled by Fiscal AI. Investors will be watching for any commentary around the credit card business after President Trump proposed a 10% cap on credit card interest rates starting January 20.
Microsoft (MSFT), Amazon (AMZN), Oracle (ORCL): Trump said on Monday that tech giants must pay for their own energy costs to cover the massive energy needs of AI data centers, shielding consumers. The President said he has “much to announce in [the] coming weeks.”
Nvidia (NVDA): The chipmaker has reportedly clarified that it does not require upfront payments for H200 chips, responding to rumors of stringent terms in China.
Alphabet (GOOGL): Shares briefly hit the historic $4 trillion market cap milestone on Monday after Apple (AAPL) reportedly selected Gemini to power its AI-enhanced Siri.
AbbVie (ABBV): The pharma major has secured tariff exemptions and pricing protection in exchange for a massive $100 billion US R&D commitment.
BlackRock (BLK): Reports suggest that it is looking to cut 1% of staff to pivot resources toward its $12B private credit acquisition (HPS Investment Partners).
Some other tickers trending on Stocktwits at the time of writing were American Battery Technology Company (ABAT), PayPal Holdings (PYPL), Lilly & Co (LLY), Duolingo (DUO), and Taiwan Semiconductor Manufacturing Co (TSMC)
Other Catalysts To Watch
On the economic front, investors are looking ahead to the release of December’s Consumer Price Index (CPI) before the bell. Any upside surprise could toughen the Fed’s stance on rates heading into the new year, amid a DoJ probe into Fed Chair Jerome Powell.
Apart from this, the new home sales data and the Treasury’s buyback announcement may move housing- and interest-rate-sensitive stocks.
On the earnings radar, apart from JPM, Delta Air Lines (DAL), BNY Mellon (BK), and UnitedHealth (UNH) also report earnings before the market opens. Investors will also be watching for the quarterly report from Anixa Biosciences (ANIX), Park Aerospace (PKE), and Phoenix Education Partners (PXED) after hours today.
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