With a market cap of $11.4 billion, Revvity, Inc. (RVTY) is a global health sciences company that provides advanced instruments, reagents, software, and services supporting diagnostics, genomics, drug discovery, and life sciences research. Shares of the Waltham, Massachusetts-based company have underperformed the broader market over the past 52 weeks. RVTY stock has declined 12.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained nearly 13%. However, shares of the company have risen ...

The demand for help navigating the famously complex US health care system has propelled a startup called Solace Health to a $1 billion valuation https://t.co/YOd7DJLOQj ...

Core Insights - The U.S. job market is expected to show an addition of 55,000 jobs in January, an increase from 50,000 in December, with a focus on health care employment [1][9] - The unemployment rate is projected to remain steady at 4.4%, which is considered low historically [2][9] Job Market Dynamics - Job gains are anticipated to be primarily in the health care sector, while opportunities in other fields are becoming scarcer due to a prevailing no-hiring mindset among employers [2] - The Federal Reserve is increasingly concerned about a potential rise in unemployment, as job openings in December were at their lowest since 2020, indicating a possible slowdown in job growth [3] Economic Implications - The upcoming report is crucial for assessing whether the job market is deteriorating and if a recent hiring slowdown is leading to significant job losses [4] - A revision of past job data is expected to reveal nearly a million fewer jobs added between March 2024 and March 2025 than previously reported, indicating a grim outlook for the job market [5][6] External Influences - Recent government policies, including tariffs and immigration restrictions, have contributed to uncertainty in the job market, affecting hiring and expansion plans [8][9] - The increasing use of AI technology is also leading some companies to reduce their workforce, further complicating the employment landscape [8]

Job Cuts Overview - U.S.-based employers announced 71,321 job cuts in November 2025, marking a 24% increase from the previous year and the highest for November since 2022 [1][2] - January 2026 saw a significant rise in job cuts, with 108,435 announced, representing a 118% increase from under 50,000 in January 2025 and a 205% increase from 35,553 in December 2025 [4] Industry-Specific Job Cuts - The transportation industry accounted for 31,243 job cuts, primarily due to UPS's announcement of 30,000 layoffs following its split with Amazon [7] - The technology sector reported 22,291 job cuts, largely attributed to Amazon's plan to lay off 16,000 employees, with indications that over-hiring rather than AI technology is driving these reductions [7] - The health care industry announced 17,107 job cuts, the worst month since April 2020, influenced by inflation, high labor costs, and lower reimbursements from Medicaid and Medicare [8] - Chemical manufacturers reported over 4,700 job cuts, with Dow Inc. contributing significantly, marking the highest monthly total since February 2016 [8] Economic Outlook - The high number of job cuts in January suggests that employers are pessimistic about the economic outlook for 2026, with many plans likely set at the end of 2025 [3]

Group 1 - The Challenger report indicates a total of 108,435 job cuts announced in January, marking the highest January total since 2009 [1] - Job cuts in January are up 205% from December, with only 5,306 employers announcing hiring plans, the lowest January total since 2009 [1] - The transportation sector experienced the most significant job cuts, primarily due to UPS announcing 30,000 job cuts, followed by Amazon with 16,000 [2] Group 2 - Health care also saw substantial job cuts, which is unusual for this sector [3] - It is important to note that the Challenger report reflects job cut announcements rather than actual cuts, and some announced cuts may not be executed [3] - Future jobless claims and payroll numbers will provide further insights into the actual impact of these announcements [3]

Core Viewpoint - U.S. stock futures indicate a subdued market opening, particularly in the technology sector, as investors await key economic data, including the employment report [1][5] Premarket Activity and Index Futures - S&P 500 futures are down 0.1% and Nasdaq futures are down 0.2%, while Dow Jones futures remain unchanged, reflecting a continuation of sector rotation [2] - The CBOE Volatility Index (VIX) rose 3.6% to 18.64, indicating increased investor apprehension [2] Major Index Performance Overview - On February 4, 2026, the Dow Jones Industrial Average rose 0.5% to 49,501.30, attributed to a rotation into value stocks [3] - The Nasdaq Composite fell 1.5% to 22,904.58, and the S&P 500 dropped 0.5% to 6,882.72, highlighting a divergence in index performance [3] Sectoral Performance - Technology Select Sector SPDR (XLK) fell 2.2%, Communication Select Sector SPDR (XLC) dropped 1.6%, and Health Care Select Sector SPDR (XLV) decreased by 1% [4] - Energy Select Sector SPDR (XLE) gained 3.2%, Materials Select Sector SPDR (XLB) rose 2.1%, Consumer Staples Select Sector SPDR (XLP) increased by 1.6%, and Utilities Select Sector SPDR (XLU) went up 1.5% [4] Upcoming Market Events - The Employment Situation report for January 2026 is scheduled for release on February 6, 2026, which will provide insights into the labor market [5] - The Consumer Price Index (CPI) for January 2026 is due on February 11, 2026, and the Producer Price Index (PPI) for January 2026 is set for February 27, 2026 [5] Major Stock News and Corporate Announcements - Amgen Inc. shares rose 8.2% after reporting adjusted earnings of $5.29 per share, exceeding expectations [7] - Advanced Micro Devices (AMD) reported non-GAAP earnings of $1.53 per share and revenues of $10.27 billion but saw a stock drop of 17.3% due to concerns over future revenue forecasts [8] - Uber Technologies (UBER) stock fell 5.1% after reporting quarterly results that missed expectations and provided a weaker profit forecast [9] - Lumentum Holdings Inc. shares surged 47% after reporting adjusted earnings of $1.67 per share, surpassing estimates [10] - Chipotle Mexican Grill Inc. advanced 1.9% after posting fourth-quarter earnings that exceeded estimates, despite issuing weak guidance [11] Broader Market Trends - Alphabet (GOOGL) shares fell 3% despite a 30% increase in fourth-quarter profits, due to projected heavy spending on AI projects [13] - Qualcomm (QCOM) stock dropped nearly 12% after warning of an industry-wide memory shortage impacting future results [13] - The cryptocurrency market saw Bitcoin fall nearly 5%, affecting related stocks like Robinhood Markets Inc. [14]

Core Viewpoint - Johnson & Johnson will present at the TD Cowen 46th Annual Health Care Conference on March 3rd, 2026, with management participating in a Fireside Chat at 11:10 a.m. Eastern Time [1]. Group 1 - The presentation will be accessible via a live audio webcast on Johnson & Johnson's Investor Relations website [1]. - An archived edition of the session will be available later on the same day [1]. Group 2 - The audio webcast replay will be available approximately 48 hours after the initial webcast [2].

Group 1: U.S. Stock Market Overview - U.S. stocks traded mixed, with the Dow Jones index falling more than 300 points, down 0.68% to 49,074.36, while the NASDAQ gained 0.56% to 23,732.71 and the S&P 500 rose 0.23% to 6,966.23 [1] - Information technology shares increased by 0.9%, while health care stocks fell by 1% [1] Group 2: General Motors Financial Performance - General Motors reported fourth-quarter adjusted earnings per share of $2.51, a 30.4% year-over-year increase, surpassing the analyst consensus estimate of $2.20 [2] - Quarterly sales reached $45.287 billion, which was below the expected $45.804 billion [2] Group 3: General Motors Corporate Actions - General Motors' Board of Directors approved a 3 cents per share increase in the quarterly common stock dividend rate to 18 cents per share [3] - The company also authorized a new $6 billion share repurchase program [3] Group 4: Commodity Market Update - Oil prices increased by 1.1% to $61.29, while gold prices decreased by 0.1% to $5,081.50 [4] - Silver prices fell by 3.1% to $111.965, and copper prices dropped by 2% to $5.8995 [4] Group 5: European Market Performance - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.4%, Spain's IBEX 35 Index up by 0.3%, and London's FTSE 100 increasing by 0.6% [5] - Germany's DAX fell by 0.1%, while France's CAC 40 rose by 0.4% [5] Group 6: Asian Market Performance - Asian markets closed higher, with Japan's Nikkei gaining 0.85%, Hong Kong's Hang Seng Index up by 1.35%, China's Shanghai Composite rising by 0.18%, and India's BSE Sensex increasing by 0.39% [6] Group 7: Notable Stock Movements - X3 Holdings Co Ltd shares surged 135% to $0.63 after a 94% increase on Monday [8] - Nuwellis Inc shares rose 112% to $4.56 after a 3% decline on Monday [8] - INVO Fertility Inc shares increased by 64% to $1.98 [8] - Dogness International Corp shares dropped by 44% to $1.50, and Twin Hospitality Group Inc shares fell by 40% to $0.32 after filing for Chapter 11 [8] - FAT Brands Inc shares decreased by 24% to $0.30 after commencing Chapter 11 [8]

Core Viewpoint - The ASX health care sector faced significant challenges in 2025, with CSL Limited and Pro Medicus Limited experiencing substantial declines, leading to a 24% drop in the ASX health care index over the past year. This situation reflects a reset in valuation and investor expectations rather than a fundamental collapse in the companies' operations [2]. Group 1: CSL Limited - CSL's shares have decreased by over one-third in 2025 due to a downgrade in financial projections, a paused spin-off, and lower influenza vaccination rates in a volatile US market [3]. - Despite the downturn, CSL remains a global leader in plasma therapies and vaccines, with a strong portfolio and a robust R&D pipeline. The core business fundamentals are intact, but investor expectations have been reassessed, creating a potentially improved risk-reward scenario [3][12]. - The company is expected to benefit from a cost savings program, and investors are advised to monitor gross margin stabilization before making further commitments [3]. Group 2: Pro Medicus Limited - Pro Medicus has seen a sell-off not due to business failures but because its share price had surged excessively, trading at over 300 times forward earnings [8]. - The company boasts exceptional operating earnings margins exceeding 70% and is recognized for its critical enterprise imaging software used in leading hospitals, indicating strong economic fundamentals [8]. - With ongoing growth in US hospitals and advanced technology, Pro Medicus presents a potential opportunity for investors to dollar cost average into a high-quality company [9]. Group 3: Market Sentiment and Future Outlook - The market has not abandoned CSL and Pro Medicus; rather, it has recalibrated the price investors are willing to pay for their earnings, reflecting a reassessment of their valuations [12]. - Both companies maintain world-class intellectual property, high returns on capital, and strong customer relationships, suggesting that the risk-reward profile may have improved following the sell-off [12]. - These companies are recommended for consideration on watchlists for investors looking to gain exposure to the global health care sector's tailwinds [13].

Labor Market Overview - The U.S. labor market ended 2025 with lower-than-expected job creation, adding 50,000 nonfarm payrolls in December, down from a revised 56,000 in November and below the Dow Jones estimate of 73,000 [1] - The unemployment rate decreased to 4.4%, better than the forecast of 4.5%, while a broader measure of unemployment fell to 8.4%, down 0.3 percentage points from November [2] Employment Trends - The report indicates a mixed labor market, with companies showing low hiring levels but households reporting employment gains, suggesting a cautious hiring environment [3] - For the full year, payroll gains averaged 49,000 per month, significantly lower than the 168,000 average in 2024 [4] Sector Performance - Job gains in December were led by the restaurant and bar sector, which added 27,000 jobs, followed by healthcare with 21,000 and social assistance with 17,000, while retail saw a decline of 25,000 jobs [4] Wage Growth - Average hourly earnings increased by 0.3% for December, aligning with forecasts, while the annual increase reached 3.8%, exceeding expectations by 0.2 percentage points [4] Economic Indicators - The Atlanta Fed's measure indicates a projected GDP growth of 5.4% annualized in Q4, following a 4.3% growth rate in Q3, reflecting strong consumer spending during the holiday season [6] - Online spending during the holiday season rose by 6.8% year-over-year, reaching a record $257.8 billion [6] Federal Reserve Outlook - Federal Reserve officials are closely monitoring the labor market for guidance on interest rate decisions, with expectations that the Fed will maintain current rates following recent cuts [5][7]