Xpeng, Dell, and Other Major Stocks Decline in Pre-Market Trading on Monday
U.S. Stock Futures: U.S. stock futures showed mixed results, with Dow futures down approximately 0.1% on Monday morning.
Xpeng Inc Financial Results: Xpeng Inc reported a quarterly revenue of 20.38 billion Chinese yuan ($2.86 billion), a 101.8% increase year-over-year, but fell short of the $2.87 billion forecast, leading to a 3.6% drop in pre-market trading.
Other Stocks Declining: Several stocks experienced declines in pre-market trading, including Plug Power Inc (-6.1%), Lexicon Pharmaceuticals Inc (-6%), and Dell Technologies Inc (-4.7%) after a downgrade by Morgan Stanley.
Market Overview: The overall market sentiment appears cautious, with various companies reporting losses and analysts adjusting their ratings, indicating potential challenges ahead.
Trade with 70% Backtested Accuracy
Analyst Views on NMR
About NMR
About the author

- Earnings Growth: For the nine months ending FY2023, Nomura Holdings reported a GAAP EPS of ¥94.67 and revenue of ¥1,590.53 billion, reflecting a 10.5% year-over-year increase, indicating strong performance in capital market services despite economic uncertainties.
- Lack of Earnings Forecast: Nomura Holdings refrained from providing earnings forecasts for the year ending March 31, 2026, due to uncertainties in global capital markets, which may affect investor confidence regarding the company's future profitability.
- Market Reaction: Despite the strong performance in the Japanese market making Nomura's stock appear cheaper, the uncertainty surrounding future earnings could lead to cautious investor sentiment, potentially impacting stock price volatility.
- Investor Engagement: At the Nomura Investment Forum 2025, the company showcased its strategic direction while supporting a crypto firm applying for a U.S. banking license, indicating an active positioning in emerging markets that could provide new growth opportunities.
- Trust Charter Application: Laser Digital has filed for a national bank trust charter with the OCC, aiming to streamline its operations in the U.S.; if approved, it will eliminate the need for separate custody authorizations in each state, enhancing operational efficiency.
- Regulatory Environment Shift: Following President Trump's return to office, federal regulators have eased rules for fintechs and digital asset firms, encouraging innovation and lending, with Laser Digital's application reflecting this trend.
- Competitive Landscape: By applying for a U.S. banking license, Laser Digital joins a growing list of fintechs, including Affirm Holdings, which applied last week, indicating a strong market demand for banking licenses among digital asset firms.
- Business Expansion Plans: While Laser Digital will not accept direct deposits, it plans to offer spot crypto trading, which could provide new revenue streams and support future business growth.

New Financial Initiative: Nomura Holdings and SBI Holdings are collaborating to launch Japan's first cryptocurrency exchange-traded funds (ETFs).
Market Impact: This initiative is expected to enhance the cryptocurrency market in Japan and attract more investors to digital assets.
- Market Performance: The S&P 500 index barely rose 0.03% this week but fell 0.4% overall, indicating investors' insufficient capacity to digest geopolitical news, leaving market sentiment unsettled.
- Natural Gas Surge: Natural gas futures spiked 75% over five trading days due to Winter Storm Fern, reflecting the impact of extreme weather on energy demand and potentially raising profit expectations for related companies.
- Dollar Depreciation Trend: Over the past five days, the EUR/USD rose nearly 2%, while the dollar fell over 2.7% against the Swiss franc, indicating a shift in investor sentiment away from the dollar, which may affect future forex market dynamics.
- Fed Policy Expectations: The market widely anticipates that the Federal Reserve will maintain interest rates in the 3.5%-3.75% range at next week's meeting, with investors closely watching Trump's nomination for the new Fed chair, which could influence future monetary policy direction.

- Overbought Warning: As of January 16, 2026, Nomura Holdings has an RSI of 86.1, indicating its stock price has risen approximately 15% over the past month, with a 52-week high of $9.47, suggesting potential short-term pullback risks.
- Price Performance: Nomura closed at $9.39 on Thursday, up 1.4% from the previous trading day, but the high RSI value may signal caution for investors.
- Mizuho Financial Update: Mizuho Financial's RSI stands at 84.8, also reflecting a 15% increase over the past month, with a 52-week high of $8.59, indicating strong market performance but also potential overbought risks.
- Community Investment: On January 5, Mizuho announced $1 million in grants through the Mizuho USA Foundation to support young adults in gaining technology skills and career pathways, enhancing its brand image and community engagement.
- EPS Revision Grades: Aegon Ltd. (AEG) received an A+ rating, indicating strong analyst confidence in its near-term performance, which could drive stock price increases and attract more investor interest.
- Market Confidence Boost: Cboe Global Markets, Inc. (CBOE) and First Horizon Corporation (FHN) both earned A+ ratings, suggesting analysts are optimistic about their earnings outlook, potentially enhancing their performance in the competitive financial market.
- Industry Leaders: JPMorgan Chase & Co. (JPM) and Nomura Holdings, Inc. (NMR) also received A+ ratings, reflecting the resilience of large financial institutions in the current economic environment, which may bolster investor confidence in the financial sector.
- Investment Opportunities: Bank of America Corporation (BAC) and Canadian Imperial Bank of Commerce (CM) received A ratings, demonstrating analyst recognition of their future profitability, which could attract more capital into these stocks.








