Alpha Coverage #146
AI, Robotics, Space, Quantum Computing, Climate Change/Energy Transition, Biotech/Genomics
Weekly newsletter bringing you a summary of unbiased, critical, thesis changing stock market news with long term impact. We cover news articles, opinion pieces and all forms of media to help you stay ahead of the curve. WealthWise Coverage Universe (Only for paying subscribers).
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This Week’s Alpha Coverage: YouTube Playlist or Weekly Compilation.
Editor’s Pick:
[News] Moderna cancer therapy with Merck’s Keytruda cut mortality by 49% in mid-stage trial
The readout was based on the companies’ ongoing Phase 2b KEYNOTE-942/mRNA-4157-P201 study, which evaluates mRNA-4157 (V940) in combination with Keytruda in patients who have undergone complete surgical resection following high-risk melanoma, a skin cancer.
The readout builds on a prior three-year follow-up, which also demonstrated a 49% reduction in the risk of disease recurrence or death as of December 2023.
Link to Seeking Alpha News Article - Jan. 20, 2026
[News] Rigetti secures $8.4M order for 108-qubit quantum computer
Rigetti Computing (RGTI) has received an $8.4M purchase order to deliver a 108-qubit quantum computer to the Centre for Development of Advanced Computing (C-DAC), India’s premier R&D organization of the Ministry of Electronics and Information Technology.
The system, which includes Rigetti’s proprietary chiplet-based architecture, is scheduled to be deployed on-premises at C-DAC’s Bengaluru center in the second half of 2026.
Link to Seeking Alpha News Article - Jan. 20, 2026
AIQ 0.00%↑ #Anthropic
[News] Anthropic CEO talks potential IPO, Gemini and AI tech at Davos
“My view is the signature of this technology is it’s gonna take us to a world where we have very high GDP growth and potentially also very high unemployment and inequality,” said Anthropic (ANTHRO) CEO Dario Amodei. “We’ve never had a technology that’s this disruptive. So the idea that we could have five or 10% GDP growth, but also, you know, 10% unemployment, it’s not logically inconsistent at all. It’s just never happened that way before.”
Link to Seeking Alpha News Article - Jan. 20, 2026
GOOG 0.00%↑ GOOGL 0.00%↑ NVDA 0.00%↑ MAGC 0.00%↑ #Anthropic
[News] Google, Anthropic on China AI
Google (GOOG) (GOOGL) DeepMind CEO Demis Hassabis said China remains about six months behind the West in the development of AI.
“They’re very good at kind of catching up to where the frontier is and increasingly capable of that. But I think they’ve yet to show they can innovate beyond the frontier,” Hassabis told Bloomberg during an interview at the World Economic Forum in Davos, Switzerland.
Anthropic (ANTHRO) CEO Dario Amodei said the U.S. government’s decision to allow AI chips to be shipped to China carries “incredible national security implications.”
“It would be a big mistake to ship these chips,” Amodei told Bloomberg in Davos. “I think this is crazy. It’s a bit like selling nuclear weapons to North Korea.”
Link to Seeking Alpha News Article - Jan. 20, 2026
[News] Serve Robotics expands physical AI into hospitals with Diligent Robotics acquisition
Diligent Robotics is an AI robotics company known for its hospital assistant robot Moxi, deployed in over 25 U.S. hospitals and responsible for more than 1.25 million autonomous deliveries.
Moxi, powered by NVIDIA’s (NVDA) AI technology, supports nurses and staff by automating routine tasks, improving efficiency, and improving patient care quality.
Under the merger terms, Serve Robotics (SERV) will issue $29 million in its common stock to Diligent shareholders, with an additional earn-out potential of up to $5.3 million contingent on performance milestones.
The deal is expected to close in Q1, subject to customary conditions, including regulatory and Nasdaq listing approvals.
Serve Robotics (SERV) plans to leverage the merger to accelerate its AI learning flywheel, enhance fleet economics, and expand into other complex indoor sectors.
Each hospital deployment of Moxi generates approximately $200,000–$400,000 annually, providing a high-revenue growth opportunity for the company.
Link to Seeking Alpha News Article - Jan. 21, 2026
#SpaceX #xAI
[News] SpaceX racing for IPO as Elon Musk eyes space AI data centers: report
Elon Musk has become obsessed with the idea of SpaceX being the first to put data centers for AI computing into space, Wall Street Journal reported.
Such a feat would be difficult to attempt without the billions of dollars in capital an IPO could deliver.
Musk also sees a SpaceX IPO as a way to help his AI startup xAI (X.AI) catch up to competitors, some of the people said, according to the report.
Link to Seeking Alpha News Article - Jan. 21, 2026
ASTS 0.00%↑ #BlueOrigin #Starlink
[News] Blue Origin unveils new satellite internet network
The network, called TeraWave, will feature 5,408 satellites that aim to meet increasing demand for space-based communication.
Interestingly, Amazon (AMZN) has its own satellite venture called Leo, which was started under Bezos as Project Kuiper. AST SpaceMobile (ASTS), which is involved in the space-based connectivity market, tumbled 8% on the TeraWave news. However Starlink (STRLK), the biggest real rival, already has 9,000 satellites in orbit, and doubled its customer base to 9M active subscribers over the past year.
TeraWave, which is targeting deployment for the fourth quarter of 2027, is being designed to serve data centers, enterprise users, and governments. Its system will provide whopping data speeds of up to 6 terabits per second through a multi-orbit approach. In contrast, Starlink (STRLK) primarily serves the mass market with internet and phone services, with overall lower speeds and data applications.
Starlink’s (STRLK) Low Earth Orbit (LEO) satellites use radio frequency (RF) connectivity. It’s ideal for the public, as transmissions can pass through the atmosphere with very low latency. TeraWave is aiming for a hybrid network of LEO and Medium Earth Orbit (MEO) satellites. These can transmit data in the skies and to ground stations at an extremely high bandwidth by adding in infrared lasers (optical) that are highly secure and don’t need spectrum licenses.
Link to Seeking Alpha News Article - Jan. 22, 2026
[News] Trump administration revising or scrapping over $83B in clean energy loans
The Trump administration is restructuring, revising or eliminating more than $83B in Biden-era loans and conditional commitments for clean energy projects.
The Energy Dominance Financing [EDF]—previously known as the Loan Programs Office—has completed or is in the process of de-obligating almost $30B of the $104B Biden-era loan obligations. It is in the process of revising another $53.6B.
Link to Seeking Alpha News Article - Jan. 23, 2026
[News] China informs Alibaba, others to prep for Nvidia H200 orders: Bloomberg
Regulators have recently granted in-principle approval for Alibaba, Tencent (TCEHY) (TCTZF), and ByteDance (BDNCE) to move to the next stage of preparations for purchases, the report added, citing people with knowledge of the matter.
The companies are now cleared to discuss specifics like the amounts they would require. China will encourage companies to buy a certain amount of local chips as a condition for approval, but no exact number has been set, the report noted.
Link to Seeking Alpha News Article - Jan. 23, 2026
GLD 0.00%↑ SLV 0.00%↑ KGC 0.00%↑ AEM 0.00%↑
[News] Buying frenzy lifts gold near $5,000, silver past $100 as hedges against rising geopolitical risk
Gold futures rallied to another record, pushing closer to the $5K/oz milestone on rising geopolitical risks, economic uncertainty and a weaker U.S. dollar, while silver futures surged past $100/oz for the first time.
Gold has now gained 15% this month alone and 79% in the past year, while silver has soared 44% in January and 225% from a year ago.
Analysts say gold increasingly looks like a hedge against President Trump’s unpredictable actions, and while many traders had framed gold as a hedge against the risk of a U.S.-Europe tariff war amid Trump’s pursuit of Greenland, gold’s gains have not slowed despite the removal of the tariff threat.
“Momentum has clearly become part of the story, with FOMO [fear of missing out] playing a visible role as prices push into uncharted territory,” Saxo Bank’s Ole Hansen said in a note. “Yet it would be a mistake to dismiss the rally as purely speculative.”
“Central bank demand remains firm, the dollar continues to weaken, and governments keep issuing debt with little clarity on long-term repayment,” Hansen wrote.
Silver also is enjoying support from strong physical demand in China, although high prices could start hurting consumption in the long run, Hansen said, noting that local futures prices continue to trade at a premium of more than $12/oz over London prices, pointing to tight regional availability and strong appetite in spite of surging global prices.
“The risk of demand destruction cannot be ignored if prices accelerate too far, too fast - a dynamic that could eventually favor a rotation back toward gold,” the analyst said.
For the first time in 14 years, it would take just 50 oz of silver to buy an ounce of gold, down from 105 oz in April, a ratio that normally would provide a warning that silver’s outperformance over gold has become stretched.
Link to Seeking Alpha News Article - Jan. 23, 2026
News, Facts, Analyst & Market Commentary - Short Reads:
[Newsletter Exclusive] Rigetti, Quantum Computing initiated with bullish views at Rosenblatt
Quantum Computing (QUBT)
Rosenblatt initiated QUBT with a Buy rating and a $22 price target.
“Quantum Computing Inc. (QCi) has legitimate quantum assets across photonics, compute, security and sensing as well as burgeoning thin film lithium niobate (TFLN) fabs that could supply both their and industry needs for integrated quantum photonics, nonlinear optics and optical waveguides,” said analysts led by John McPeake.
The analysts noted that the company is also in the process of acquiring fabs (LSI) from Luminar for less than five times revenue that should improve the P&L optics and further diversify their business into another key laser market. With a total of $1.6B in cash (no debt), the company’s interest income is currently more than their operating expenses, according to the analysts.
Rigetti Computing (RGTI)
The firm started coverage of Rigetti with a Buy rating and a $40 price target.
“We like Rigetti’s modular approach to qubit scaling and their internal fab approach. Although error rates and timelines are a bit of an issue right now, we are giving them the benefit of the doubt relative to the postponed Cepheus 99.5% two qubit gate fidelity target in 1Q.
The analysts noted that superconducting peers IBM (IBM) and privately held IQM have reported 99.92% and 99.85% two-qubit gate error rates respectively, so Rigetti does need to get its error rates down to be more competitive.
In addition, the analysts said that, though still in development, superconducting peer D-Wave (QBTS) is heading towards potentially even lower error rates after the acquisition of Quantum Circuits.
The analysts said that Rigetti has its own quantum processing unit (QPU) fab, an installed base of 18 machines (6 at customers and 12 internally and exposed on the cloud), and a compelling way to network multiple QPUs together via tunable couplers.
“Finally, the company’s work with leading quantum error correction (QEC) partner Riverlane is promising over the medium to long term,” said McPeake and his team.
Link to Seeking Alpha News Article - Jan. 15, 2026
Trump to impose tariffs on eight European countries over Greenland issue
President Donald Trump on Saturday threatened up to 25% of tariffs against eight European countries, including the U.K., France, Germany, and Denmark, which have deployed military in Greenland at a time when the U.S. is aiming to take ownership of the Arctic Island.
According to Trump, the countries, some of which are among the closest allies of the U.S., face a 10% tariff from Feb. 1, and from June 1, the levies will rise to a 25% rate unless an agreement is reached before then.
Link to Seeking Alpha News Article - Jan. 17, 2026
[Newsletter Exclusive] Trump outlines plan for tech giants to fund new power plants, shift costs to data centers
The plan would require PJM to hold a power auction for tech companies and other big customers that have not built their own power to bid for 15-year contracts for supply from new power plants; deals would be worth at least $15B.
The agreement seeks caps on the amount existing power plants can charge in the PJM capacity market.
The plan also would require data centers to pay for the new generation built on their behalf - whether or not they show up and use the power - rather than buying up existing power.
PJM also announced its own plan, which called for big data centers to voluntarily bring their own new generation or face the potential of having their power supply curtailed during peak demand periods.
Link to Seeking Alpha News Article - Jan. 17, 2026
SPY 0.00%↑ QQQ 0.00%↑ DIA 0.00%↑ VGK 0.00%↑ TLT 0.00%↑ UUP 0.00%↑ GLD 0.00%↑
Treasury holdings can be Europe’s big stick in Greenland dispute - Deutsche Bank
As the rhetoric between the U.S. and Europe over Greenland heats up, Deutsche Bank says that while the United States possesses significant military and economic strength, it relies heavily on foreign creditors to finance its external deficits.
Europe, as America’s largest lender, holds considerable leverage—European countries own $8T in U.S. bonds (TBT) (TLT) (SHY) (IEF) (IEI) (BIL) and equities (SPY) (QQQ) (DIA), nearly twice as much as the rest of the world combined.
Deutsche Bank analysts suggest that as the geoeconomic stability of the Western alliance faces existential disruption, European investors may become less willing to maintain their current dollar (DXY) exposure. Danish pension funds have already begun repatriating money and reducing their dollar holdings, a trend that could accelerate across the continent following recent developments.
The analysis points to potential European leverage ahead of U.S. midterm elections, noting that the administration is focused on bringing down inflation and Treasury yields -- areas where Europe may have influence.
Key to watch in coming days, according to the bank, is whether the EU decides to activate its anti-coercion instrument (bazooka) by putting measures affecting capital markets on the table. With the U.S. net international investment position at record negative extremes, the mutual interdependence of European-U.S. financial markets has never been higher.
“It is a weaponization of capital rather than trade flows that would by far be the most disruptive to markets,” the analysts conclude.
Link to Seeking Alpha News Article - Jan. 18, 2026
Micron says AI-driven memory chip shortage is ‘unprecedented,’ to last beyond 2026
Micron Technology (MU), a key supplier to Nvidia (NVDA), said the global memory-chip shortage has intensified over the past quarter and will extend beyond this year, driven by surging demand for advanced semiconductors used in AI infrastructure.
Manish Bhatia, Micron’s executive vice president of operations said high-bandwidth memory used in AI accelerators is “consuming so much of the available capacity across the industry that it’s leaving a tremendous shortage for the conventional side of the industry, for phones or PCs.”
Link to Seeking Alpha News Article - Jan. 18, 2026
Musk says Tesla will resume work on Dojo3 chip project
Tesla (TSLA) CEO Elon Musk said the company will resume work on its Dojo3 project after making progress on the design of its AI5 chip.
In a post on X, Musk said, “Now that the AI5 chip design is in good shape, Tesla will restart work on Dojo3.” The executive also invited job applications for what he described as “the highest-volume chips in the world.”
Musk said on Saturday that the AI5 chip design is “almost done,” while work on the next-generation AI6 chip is still in its early stages.
Tesla had abruptly shut down the Dojo project last year. The initiative centered on building an in-house artificial-intelligence supercomputer to support the development of autonomous driving technology.
“Once it became clear that all paths converged to AI6, I had to shut down Dojo and make some tough personnel choices, as Dojo 2 was now an evolutionary dead end,” Musk posted on X.
“Dojo 3 arguably lives on in the form of a large number of AI6 [systems-on-a-chip] on a single board.”
Link to Seeking Alpha News Article - Jan. 19, 2026
Nvidia H200 chip parts suppliers pause output: report
Suppliers of parts for Nvidia’s (NVDA) H200 chips have paused production after Chinese customs officials blocked shipments of the AI processors from entering China, the Financial Times reported, citing people familiar with the matter.
Nvidia had expected over 1M orders from Chinese clients, the report noted, adding that its suppliers had been operating continuously to prepare for shipping as early as March.
Link to Seeking Alpha News Article - Jan. 19, 2026
NFLX 0.00%↑ WBD 0.00%↑ PSKY 0.00%↑
Netflix makes a revised all-cash offer at $27.75 per share for Warner Bros. Discovery
Warner Bros. (WBD) said it will hold a special meeting of shareholders to vote on the deal before April. The company highlighted that the all-cash transaction provides enhanced certainty around the value WBD stockholders will receive at closing, eliminating market-based variability.
Link to Seeking Alpha News Article - Jan. 20, 2026
#OpenAI
OpenAI looks to be ‘on track’ to show off AI device this year: Axios
Speaking at the World Economic Forum, OpenAI’s chief global affairs officer, Chris Lehane, discussed the timeline for showing off the device with the news outlet. He added that the device is one of the company’s big attractions for this year.
Lehane also told Axios that he would have more to say on the matter “much later in the year” and that the company was “looking at something in the latter part [of 2026].”
One of the products that OpenAI has spoken with its manufacturing partners about resembles a smart speaker, sans a display. Other considerations include glasses, digital voice recorder, and wearable pin.
However, Altman told the staff that the device is not a pair of glasses, and that Ive had been skeptical about building something to wear on the body.
The duo said the product will be capable of being fully aware of a user’s surroundings and life. It will be unobtrusive, capable of being placed in one’s pocket or desk, and would be a third core device a person would put on their desk after a MacBook Pro and an iPhone, according to additional media reports.
Link to Seeking Alpha News Article - Jan. 20, 2026
Rio Tinto brings 25-MW solar plant online at Kennecott mine
Rio Tinto (RIO) has brought a new 25-megawatt solar plant online at its Kennecott copper operations in Utah, using tellurium produced at the site to make the solar panels that now help power the facility, the company said Tuesday.
Together with the 5MW solar plant completed in 2023, Kennecott now has 30MW of solar capacity—enough to power approximately 1,026 average American homes annually and reduce Kennecott’s Scope 2 emissions by about 6% (20,000 tonnes CO₂e).
Kennecott began producing tellurium in 2022 as a byproduct of copper refining, making it one of only two U.S. producers of this critical mineral.
Link to Seeking Alpha News Article - Jan. 20, 2026
Microsoft in pact with Bristol Myers for AI-based early detection of lung cancer
As part of the deal, the FDA-cleared radiology AI algorithms will be implemented through Microsoft’s (MSFT) Precision Imaging Network, which is widely adopted by various U.S. healthcare providers.
MSFT’s Precision Imaging Network leverages AI capabilities to detect lung diseases through X-ray and CT images.
One of the key objectives of the partnership is to widen access to early detection across rural hospitals, community clinics, and other medically underserved communities in the U.S., the companies said.
Link to Seeking Alpha News Article - Jan. 20, 2026
[Newsletter Exclusive] Sankar Das Gupta exercises warrants to acquire Electrovaya’s common shares
Electrovaya (ELVA) announced on Tuesday that Sankar Das Gupta, a director and chairman of the board of directors of Electrovaya, exercised 1,420,000 warrants to purchase common shares at $0.90 per common share, acquiring an equivalent number of common shares on the exercise.
Following the exercise, the acquirer owns 11,690,751 common shares on a non-diluted basis, representing approximately 23.66% of the outstanding common shares, and 605,000 options to purchase common shares, entitling the acquirer to purchase an additional 605,000 common shares.
Link to Seeking Alpha News Article - Jan. 20, 2026
Google’s Gemini sees developer requests surge twice as much in 5 months: The Information
Requests sent to the Gemini API, known as API calls, more than doubled from about 35B in March 2025, when Gemini 2.5 was first released, to nearly 85B in August 2025, according to internal data reviewed by The Information.
A Google spokesperson told the news outlet that Gemini Enterprise has grown to 8M subscribers across 1,500 companies and more than 1M subscribers who have signed up online, indicating that it is gaining ground.
Over the past year, Google has worked to improve API margins. Google’s first Gemini models, Gemini 1.0 and Gemini 1.5, had negative profit margins, meaning they cost more to operate than Google charged due to heavy discounting, the report added.
Gemini 2 had positive margins only sometimes. Gemini 2.5 had positive margins, as the improved quality of the models meant Google could compete on quality, not just price, but even that only accounted for the cost of serving the tokens itself, not any of the costs that went into model development, according to the report.
As of the middle of 2025, Google’s blended Gemini margins — across all models — were barely positive, far below margins on Cloud as a whole, the report added.
Link to Seeking Alpha News Article - Jan. 20, 2026
Nebius tapped to establish, operate Israeli supercomputer
Nebius (NBIS) was selected by the Israel Innovation Authority, as part of a state program to support the buildout of artificial intelligence, to develop and operate its national supercomputer infrastructure.
The Amsterdam-based AI cloud company was selected following a competitive process. The Israel Innovation Authority said the system is already live, and it will eventually deploy 1,000 of Nvidia’s (NVDA) B200 accelerators. The program plans to allocate 70% of the GPU supply to high-tech companies for AI model training and 30% to research groups.
Link to Seeking Alpha News Article - Jan. 20, 2026
[Newsletter Exclusive] First Solar wins key U.S. patent round, validating TOPCon intellectual property
First Solar (FSLR) said Tuesday that the U.S. Patent and Trademark Office denied three separate third-party applications seeking to invalidate the company’s TOPCon solar cell technology patents filed by JinkoSolar (JKS), Mundra Solar and Canadian Solar (CSIQ) in 2025.
First Solar (FSLR) has pending lawsuits against all three companies alleging infringement of its patents in the U.S. District Court for the District of Delaware.
The patents include issued patents in the U.S., Australia, Canada, China, the European Union, Hong Kong, Japan, Mexico, Malaysia, Singapore, South Korea, the United Arab Emirates, and Vietnam with validities extending to 2030 and beyond, with pending patent applications in the European Union, Japan, Hong Kong, United Arab Emirates, and Vietnam.
Link to Seeking Alpha News Article - Jan. 20, 2026
Micron’s fab acquisition in Taiwan allows it to ‘leap-frog’ competition: Stifel
Micron’s (MU) planned acquisition of a chip fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corporation in an all-cash deal worth $1.8B proves to be synergistic to its existing DRAM footprint and provides a faster route to address the current DRAM shortage, according to Stifel.
The acquisition is expected to close during the second half of 2026. It is projected to contribute to meaningful DRAM (dynamic random access memory) wafer output by the second half of calendar year 2027.
Stifel reiterated its Buy rating on Micron and increased its price target to $360 from $300.
Link to Seeking Alpha News Article - Jan. 20, 2026
CrowdStrike unveils plans to expand into Saudi Arabia, India, UAE
Cybersecurity giant CrowdStrike (CRWD) unveiled plans on Tuesday with the intent of expanding further, bringing new regional clouds to Saudi Arabia, India, and the United Arab Emirates.
CrowdStrike’s expansion is a part of its Global Data Sovereignty initiative, with additional countries to follow, the company said in a statement. It allows local companies and organizations to adopt and further consolidate on its CrowdStrike Falcon platform, the company added.
In addition, the companies in these regions will be “fully connected” to CrowdStrike’s global telemetry and threat intelligence. They can also maintain their respective security operations and not have to deal with regional silos or blind spots, CrowdStrike added.
Link to Seeking Alpha News Article - Jan. 20, 2026
UUUU 0.00%↑ $ASMMF
Energy Fuels to buy Australian Strategic Materials in $299M deal
Energy Fuels (UUUU) +1.1% post-market Tuesday after saying it agreed to acquire rare earth metals producer Australian Strategic Materials (ASMMF) for US$299M, to be completed through a scheme of arrangement under Australian law.
Energy Fuels (UUUU) said it is creating what it believes will be “the largest, fully integrated rare earth elements mine-to-metal and alloy producer outside of China,” to close a critical strategic gap in global supply chains for magnet applications.
The transaction will combine Australian Strategic Materials’ operating Korean Metals Plant - one of the few facilities outside of China currently producing REE metals and alloys - and its planned American Metals Plant with Energy Fuels’ (UUUU) existing REE oxide production at its White Mesa Mill in Utah, the only U.S. facility capable of separating monazite concentrates into both light and heavy REE oxides that are planned to be utilized in ASM’s metallization and alloying facilities in South Korea and the U.S.
Link to Seeking Alpha News Article - Jan. 20, 2026
[Newsletter Exclusive] Netflix GAAP EPS of $0.56 beats by $0.01, revenue of $12.05B beats by $80M
“Ad sales, 2.5x in 2025. We expect that business to roughly double again in 2026 to about $3 billion,” Gregory Peters, Co-CEO said.
Link to Seeking Alpha News Article - Jan. 20, 2026
Link to Seeking Alpha News Article - Jan. 20, 2026
[Newsletter Exclusive] Rockwell Automation partners with Lucid to support Saudi Arabia EV plant - update
Rockwell Automation (ROK) on Wednesday said it is teaming up with Lucid (LCID) to help expand the automaker’s electric vehicle manufacturing facility in Saudi Arabia.
The facility, located in King Abdullah Economic City (KAEC), marks a historic milestone as the country’s first vehicle manufacturing site.
Lucid will deploy Rockwell Automation’s enterprise software solutions, including its FactoryTalk® manufacturing execution system (MES) software, to manage and optimize production operations across all major shops.
Link to Seeking Alpha News Article - Jan. 21, 2026
EWJ 0.00%↑ DXJ 0.00%↑ SPY 0.00%↑
Japan bond volatility could trigger up to $130B U.S. Treasury selling - report
The volatility in Japanese government bonds this week could spill over to the U.S. Treasury market, Bloomberg News reported, citing a note by Citigroup analysts.
They warned that risk parity funds may need to sell as much as one-third of their current exposure, potentially triggering up to $130B of bond selling in the U.S.
Japanese Prime Minister Sanae Takaichi called a snap general election on Feb. 8 and pledged to suspend the consumption tax on food products for two years.
But this sparked concerns that it would worsen Japan’s fiscal condition, which led to a selloff in long-end Japanese government bonds on Tuesday.
The bonds rebounded on Wednesday after Japan’s Finance Minister Satsuki Katayama called for market participants to calm down.
U.S. Treasury Secretary Scott Bessent noted that Japan’s bond volatility spilled over to U.S. Treasuries on Tuesday, but Japanese authorities “will begin saying the things that will calm the market down.”
ING economists said the rise in Japanese bond yields “reminds us that inflation and debt dynamics are issues for bond markets, ones the U.S. Treasury market should not ignore,” adding that while things may have calmed for now, “this is not over.”
Link to Seeking Alpha News Article - Jan. 21, 2026
#BoringCompany
[Newsletter Exclusive] Elon Musk’s most boring company is making a lot of noise in Nevada
The Boring Company is working with the Economic Development Authority of Western Nevada on a conceptual plan for a tunnel running roughly nine miles under Interstate 80 from Reno to the Tesla (TSLA) Gigafactory at the Tahoe-Reno Industrial Center, funded by a $50,000 feasibility and conceptual design contract.
The study on the potential for a Boring tunnel is one of several options being considered by transportation officials to ease worsening congestion and accidents on I-80 near Reno, as employment at the Tahoe Reno Industrial Center has surged to about 22,000 workers, including thousands at Tesla (TSLA) and Panasonic.
The Boring Company is also active in Las Vegas, with the Vegas Loop experiencing significant expansion in early 2026 as the transportation system evolves from its original convention center focus into a comprehensive citywide transit network. The network currently has eight operational stations in the Strip corridor, including five at the Las Vegas Convention Center, plus stations at Resorts World (opened in 2022), Westgate (opened in January 2025), and Encore (opened in April 2025). The most anticipated development is the expanding airport connection to Harry Reid International Airport, scheduled to continue growing to a capacity to transport up to 20,000 people per hour.
A 2022 Series C funding round valued The Boring Company at $5.7 billion.
Link to Seeking Alpha News Article - Jan. 21, 2026
Nvidia CEO discusses AI at Davos
Huang said the AI is essentially a “five-layer cake,” with energy being the first, followed by chips and computing infrastructure, cloud infrastructure and cloud services, AI models, and the final being the application layer, which we all need to succeed.
“This application layer could be in financial services, it could be in healthcare, it could be in manufacturing. This layer on top ultimately is where economic benefit will happen.”
“We need more energy. I think that we all recognize that,” Huang added.
Huang also said that robotics is a once-in- -generation opportunity for the European industrial and manufacturing capability, to leap past the era of software.
Link to Seeking Alpha News Article - Jan. 21, 2026
[Newsletter Exclusive] Rigetti in focus as Wedbush ups price target after quantum order
“We would note that four months ago, RGTI announced purchase orders totaling $5.7M for two of its 9-qubit Novera systems to be delivered in 1H’26,” Wedbush analyst Antoine Legault wrote in a note to clients. “Much like this previous announcement, we see today’s news as highlighting the growing demand for on-premises quantum computers as national governments and scientific institutions (and we believe eventually commercial customers) invest in quantum computers as part of their hybrid classical-quantum compute infrastructure. Moreover, with quantum still an area defined by significant uncertainty around technology leadership and direction, we view POs as a signal that consumers with significant technical expertise are making a bet around technology direction (in this case superconducting and RGTI).”
Link to Seeking Alpha News Article - Jan. 21, 2026
Archer Aviation named preferred eVTOL air taxi partner for Republic of Serbia
Archer Aviation (ACHR) has been chosen by the Republic of Serbia as its preferred eVTOL air taxi partner ahead of EXPO 2027 in Belgrade.
Under an agreement, Serbia plans to showcase Archer’s Midnight aircraft and may purchase up to 25 aircraft, subject to the applicable legal framework. In addition, Archer and the Government of the Republic of Serbia plan to explore further development work on industrialization, including rare earth magnets and critical minerals for batteries.
Link to Seeking Alpha News Article - Jan. 21, 2026
Mastercard, Visa in talks for Apple Pay debut in India - report
The tech giant is also negotiating fee structures with card issuers for access to its payment gateway, Moneycontrol reported, citing people familiar with the matter.
Apple is targeting an initial introduction within the calendar year 2026.
According to the report, Apple (AAPL) will roll out its payment service in India in phases. The first stage is expected to focus on card-based contactless payments. A subsequent phase could include integration with the Unified Payments Interface (UPI), India’s real-time payment system, which would require a separate and more complicated set of regulatory approvals, the article said.
Link to Seeking Alpha News Article - Jan. 21, 2026
ORA 0.00%↑ #SageGeosystems
Ormat to invest in startup to advance next-generation geothermal technology
Ormat Technologies (ORA) announced a $25M equity investment in co-leading a $97M Series B funding round for Sage Geosystems, a startup that harnesses energy from hot rocks to generate electricity.
Sage plans to pilot its Pressure Geothermal technology at an existing Ormat (ORA) power plant.
Upon successful completion of the pilot, Ormat (ORA) said it will have the right to develop, build, own and operate geothermal power plants and energy storage projects utilizing Sage’s technology.
While geothermal energy meets a small slice of U.S. power demand, the Department of Energy projects that next-generation systems have the potential to provide up to 120 GW of capacity by 2050, enough to power 90M homes.
Link to Seeking Alpha News Article - Jan. 21, 2026
GOOG 0.00%↑ #OpenAI #TikTok #DeepSeek
Gen-AI drove mobile app downloads, revenue growth in 2025: Sensor Tower
Generative artificial intelligence apps drove mobile download growth during 2025, and for the first time, non-game apps surpassed game apps in total revenue derived from in-app purchases, according to an in-depth report by Sensor Tower.
Global in-app revenue for non-game apps increased by 21% year over year to $85.6B, while such purchases for mobile games inched up 1% to $81.8B. The report, “State of Mobile 2026,” used data from Apple’s (AAPL) App Store and Google’s (GOOG)(GOOGL) Play Store. It did not include data from third-party purchases or revenue from advertisements.
OpenAI’s (OPENAI) ChatGPT made significant gains in 2025. Its downloads increased by 148% year over year. In-app purchases (IAP) for ChatGPT surged to $3.4B in revenue, making it the third highest-grossing app in 2025. It only trailed ByteDance’s (BDNCE) TikTok and Google One, a cloud storage service, in IAP revenue.
AI assistants led the way in the Gen-AI genre with the most downloads. This was led by ChatGPT, while Google’s Gemini and DeepSeek (DEEPSEEK) ranked second and third, respectively. xAI’s (X.AI) Grok was sixth, while Meta AI (META) and Microsoft Copilot rounded out the top 10.
Link to Seeking Alpha News Article - Jan. 21, 2026
#TKECF #TKECY
Japan’s Tepco restarts its first nuclear reactor since 2011 Fukushima disaster
Tokyo Electric Power (TKECF) (TKECY) on Wednesday restarted a reactor at the world’s largest nuclear power plant, the Japanese utility’s first such move since the Fukushima disaster in 2011 and a landmark in the global return back to atomic energy.
Tepco (TKECF) (TKECY) said it started the No. 6 reactor, one of seven reactors at its Kashiwazaki-Kariwa plant in Niigata prefecture after completing an inspection of the reactor’s control rods.
Link to Seeking Alpha News Article - Jan. 21, 2026
Apple said to be working on wearable pin: report
Apple (AAPL) is working on a wearable pin that could be released as soon as 2027, The Information reported.
The wearable device could offer multiple cameras, a speaker, microphones and include wireless charging, the news outlet added, citing people with direct knowledge of the matter.
The pin could also be roughly the same size as Apple’s AirTag, the news outlet added, citing its sources.
Link to Seeking Alpha News Article - Jan. 21, 2026
SPY 0.00%↑ QQQ 0.00%↑ DIA 0.00%↑ VGK 0.00%↑ TLT 0.00%↑ UUP 0.00%↑ GLD 0.00%↑
[Newsletter Exclusive] Wall Street rallied higher after Trump spoke at Davos and eased tariff concerns
“Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” Trump said.
“Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland,” he added.
Trump talked about Greenland at the World Economic Forum in Davos, telling NATO allies the U.S. would not use force to take Greenland but that it is “a core national security interest to the U.S.” - and if they say no on Greenland, “we will remember.”
Meanwhile, conservative and liberal justices alike on the U.S. Supreme Court appeared skeptical of arguments that Trump has the power to fire Fed Governor Lisa Cook, in a case widely seen as a test of the central bank’s independence.
Link to Seeking Alpha News Article - Jan. 21, 2026
Link to Seeking Alpha News Article - Jan. 21, 2026
AST SpaceMobile schedules late February for BlueBird 7 launch
Shares of AST SpaceMobile Inc. (ASTS) are up 4.5% in early open market trading on Thursday after the company announced that it has scheduled the BlueBird 7 mission launch for late February.
The satellites will be launched from Launch Complex 36 at Cape Canaveral Space Force Station on Blue Origin’s (BORGN) New Glenn launch vehicle. Future missions on New Glenn are expected to deliver up to 8 next-generation BlueBirds per flight.
BlueBird 7, which is similar to BlueBird 6, is the second satellite in AST SpaceMobile’s next-generation campaign. It measures nearly 2,400 square feet and features the “largest commercial communications array in low Earth orbit,” 3.5 times larger than BlueBirds 1-5, the company said.
Link to Seeking Alpha News Article - Jan. 22, 2026
Google Broadens TPU Server Assembly Beyond Celestica: Digitimes
Google, the leading ASIC manufacturer, is reportedly expanding its L10-L11 assembly orders for its TPU servers to Inventec and other Taiwanese manufacturers, Digitimes reported, citing sources.
Celestica (CLS) shares closed down 6% in Thursday’s trading following the news.
Link to Seeking Alpha News Article - Jan. 22, 2026
Link to Digitimes News Article - Jan. 22, 2026
Study sheds light on weight regain after GLP-1 discontinuation
A sizable percentage of people using Novo (NVO) and Lilly’s (LLY) GLP-1 drugs may be able to sustain their weight loss effects even months after discontinuing the popular obesity drugs, Reuters reported on Thursday, citing real-world data compiled by analytics firm nference.
Out of 1,615 who discontinued tirzepatide use, nearly 28% had regained the lost weight after six months, while the percentage who managed to maintain their weight loss and who continued to lose weight stood at 36% each.
As for 2,567 semaglutide users who had discontinued, 33% regained weight after six months, while 32% managed to avoid weight gain, and 35% continued to lose weight, according to the findings, which are yet to undergo peer review.
Link to Seeking Alpha News Article - Jan. 22, 2026
Tesla begins autonomous rides in Austin with no safety monitors
Elon Musk confirmed via X that the first unsupervised robotaxi rides in Austin began on Thursday for Tesla (TSLA). Social media accounts had posted videos of robotaxis without human safety monitors earlier in the day.
The breakthrough came about six months after the initial date that Elon Musk had suggested unsupervised robotaxi rides would be available.
Elon Musk now says he expects Tesla’s robotaxi service to be widely available in the U.S. by the end of the year.
Musk also said at Davos that Tesla (TSLA) will likely begin selling its Optimus robots to the public by the end of 2027.
Musk said Tesla would start selling the robots when the company is “confident that it’s very high reliability, very high safety, and the range of functionality is also very high.”
Link to Seeking Alpha News Article - Jan. 22, 2026
Link to Seeking Alpha News Article - Jan. 22, 2026
Moderna cutting R&D on vaccines amid U.S. pushback: CEO
“We have said very publicly to all our investors that we do not foresee investing in a new Phase 3 study in the foreseeable future in vaccines,” Bancel said in an interview with Bloomberg TV on the sidelines of the World Economic Forum in Davos, Switzerland.
“You cannot make a returning investment if you don’t have access to the U.S. market or because of delays regulatory-wise or because your market is much smaller, because you don’t have a mandate by the government,” he added.
His remarks came as the COVID-19 vaccine maker faces a reversal of fortunes under the Trump administration, where Robert F. Kennedy Jr., a well-known skeptic, leads the Department of Health and Human Services.
“It’s sad for us to see that vaccines that have been proven for decades helping people around the world are not recommended anymore,” Bancel said, adding, “So we are investing in cancer and heart disease.”
“But there are a lot of vaccines that I think would have a huge impact on public health that we are unfortunately not being able to take to Phase 3.”
Link to Seeking Alpha News Article - Jan. 22, 2026
[Newsletter Exclusive] Mobileye targets 19% EyeQ unit growth in Q1 2026 while expanding advanced product launches and robotics integration
A strategic move was the acquisition of Mentee Robotics, aimed at expanding Mobileye’s footprint into the humanoid robotics field.
George Gianarikas, Canaccord Genuity: Asked about the competitive environment and differentiation for Mentee Robotics. Shashua responded, “We still believe that we are closer to launching our advanced products than other competitors... Mentee has developed an AI technology that allows the robot to passively view a human performing the task and imitate that task in a very, very short period of time.”
Link to Seeking Alpha News Article - Jan. 22, 2026
Intuitive Surgical Non-GAAP EPS of $2.53 beats by $0.26, revenue of $2.87B beats by $110M
The Company grew its da Vinci surgical system installed base to 11,106 systems as of December 31, 2025, an increase of 12% compared with 9,902 as of December 31, 2024. The Company grew its Ion endoluminal system installed base to 995 systems as of December 31, 2025, an increase of 24% compared with 805 as of December 31, 2024.
Worldwide procedures (da Vinci and Ion combined) grew approximately 18% compared with the fourth quarter of 2024. Da Vinci procedures grew approximately 17% and Ion procedures grew approximately 44%.
The Company placed 532 da Vinci surgical systems, compared with 493 in the fourth quarter of 2024. The fourth quarter 2025 da Vinci surgical system placements included 303 da Vinci 5 systems, compared with 174 in the fourth quarter of 2024.
Link to Seeking Alpha News Article - Jan. 22, 2026
[Newsletter Exclusive] Freeport-McMoRan says on track for Q2 Grasberg mine restart after deadly mudslide
Freeport-McMoRan (FCX) said Thursday it is making progress on a restart of its huge Grasberg mine in Indonesia, reiterating plans for a Q2 phased restart of an underground area of the world’s biggest gold mine and second-biggest copper mine while expecting ~85% of production to be back online by this year’s H2.
Link to Seeking Alpha News Article - Jan. 22, 2026
Trump administration backtracks on Venezuela security guarantees
The Trump administration has no plans to provide oil companies potentially heading back into Venezuela with security guarantees, U.S. Secretary of Energy Chris Wright said Thursday, despite President Trump’s pledge two weeks ago to do so.
“We are not going to get involved in providing on-the-ground security for people in Venezuela,” Wright told Bloomberg in an interview. “Oil and gas companies operate all around the world in all different settings, they’re well versed in those challenges.”
When meeting with oil and gas executives earlier this month, Trump promised to provide “total safety, total security” to the companies to operate in the country.
Link to Seeking Alpha News Article - Jan. 22, 2026
Sun Pharma cleared to sell generic Wegovy, intensifying India’s obesity-drug race with Novo Nordisk
India’s leading drugmaker by revenue, Sun Pharmaceutical Industries, has received regulatory approval to manufacture and sell semaglutide, the generic version of the blockbuster weight-loss drug Wegovy, in India.
The drugmaker plans to launch generic semaglutide, the active ingredient in Novo Nordisk’s (NVO) Wegovy and its blockbuster diabetes drug Ozempic, under the brand name Noveltreat for weight loss once the semaglutide patent expires in March, it said in a statement.
The product has received approval from the DCGI following a review of a Phase III clinical trial conducted in India.
Link to Seeking Alpha News Article - Jan. 23, 2026
Citizens cuts rating on Trade Desk as Amazon heats DSP competition
Citizens downgraded The Trade Desk Inc. (TTD) to “market perform” from a previous investment rating of “market outperform” on Friday, citing limited near-term catalysts amid intensifying competition in the adtech space, particularly from rival Amazon.com Inc. (AMZN).
The research firm said demand-side platform competition is intensifying, and the adtech firm’s historical structural advantages are eroding. They also pointed out that generative AI is reducing the operational complexity of programmatic advertising and lowering switching costs across DSPs.
“In particular, we believe Amazon is aggressively leaning into its DSP offering, with reported fees as low as a 1% take rate for programmatic guaranteed deals to attract advertisers,” the research firm said.
Link to Seeking Alpha News Article - Jan. 23, 2026
$EQPT
EquipmentShare.com dazzles in opening IPO trades
EquipmentShare.com combines a nationwide equipment rental and dealership footprint with its T3 telematics and jobsite software platform, which connects assets, materials, and people on construction sites and turns the fleet into a data-generating network. The business rents and sells heavy and light construction equipment while layering on fleet management, GPS tracking, work orders, security analytics, and uptime monitoring through integrated hardware and cloud software.
EQPT is positioned as both a large rental operator and a construction tech platform leveraged to long-duration infrastructure and industrial demand.
Link to Seeking Alpha News Article - Jan. 23, 2026
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[Newsletter Exclusive] Investors should be ‘cautious’ about getting out of this ‘rodeo bull’ market – Morgan Stanley’s Lacamp
Jim Lacamp, Morgan Stanley Wealth Management senior vice president, is urging investors to resist the temptation to exit the stock market despite its volatile nature.
During a CNBC interview, Lacamp described the current market environment as a “rodeo bull” due to rapid policy shifts and unpredictable changes but emphasized that the underlying fundamentals remain strong enough to stay invested.
He explained that the whiplash from policy changes—such as tariffs being implemented then reversed—can make it difficult for investors to hold their positions.
“It would be really rare for a market to experience a big bear with interest rates falling, earnings rising, the Fed in a cutting cycle, while stocks are nearing an all-time high,” he said.
Despite the turbulence, he added, “I would caution people about getting out of this market.”
Lacamp pointed to a significant shift in market breadth as evidence of underlying strength. While the “magnificent seven” stocks dominated returns in recent years, he noted that expansion is now occurring across multiple sectors.
Biotech stocks (XBI), banks (KBE), (KRE), natural resources (PHO), (IGE), (GNR), and small and mid-cap stocks (IJS), (IJR), (IJH), (IWM), are all participating in the rally.
The deregulation environment is particularly benefiting smaller companies, with earnings expectations reflecting this optimism. Lacamp cited projections of 17% earnings growth for mid-caps and 19% for small caps this year, calling it “a big turnaround from what we’ve seen out these areas in the last several years.”
However, Lacamp acknowledged significant risks remain.
The administration is attempting to run the economy as hot as possible while still maintaining conditions for the Federal Reserve to continue cutting interest rates, a path he described as “very narrow.”
When asked about potential political disruptions, Lacamp suggested a Supreme Court ruling against existing tariffs would simply be “a buying opportunity.”
“What I am worried about is our ability to control inflation and maintain this rate cutting cycle that we’re in,” he said.
Link to Seeking Alpha News Article - Jan. 23, 2026
[Newsletter Exclusive] SLB ready to quickly ramp up Venezuela activity, CEO says
SLB (SLB) CEO Olivier Le Peuch said Friday the company is well-positioned to quickly expand its business in Venezuela, given its role as the only international oilfield services provider that has maintained an active operating presence in the country, delivering services for Chevron under the oil producer’s license.
“With appropriate licensing, safety parameters and compliance measures in place, we can rapidly ramp up activities,” Le Peuch said on the company’s earnings conference call. “We’re already receiving a lot of incoming calls to explore options.”
“We have the track record” in Venezuela and a significant set of assets ready to be deployed, the CEO said, noting SLB (SLB) a decade ago employed more than 3K workers in the country and recorded more than $1B in annual revenues.
Stifel analyst Stephen Gengaro has said SLB (SLB) and Halliburton are among the best-positioned companies to benefit from any new investment that flows into Venezuela.
Link to Seeking Alpha News Article - Jan. 23, 2026
OII 0.00%↑ SLB 0.00%↑ OXY 0.00%↑
[Newsletter Exclusive] Crude oil bounces as Trump says ‘armada’ headed for Iran, rekindling Middle East fears
Oil futures rebounded Friday from the previous session’s losses after President Trump said the U.S. is sending an “armada” of warships to the Middle East that is set to arrive in the coming days and announced additional sanctions on vessels involved in transporting oil from Iran, rekindling concerns of possible action against the country.
Iran is OPEC’s fourth-biggest crude oil producer, at ~3.2M bbl/day, and is a major exporter to China, the world’s second-largest oil consumer.
“Recent shifts in military assets and official commentary appear to be leaning back toward renewed concerns over potential military action involving Iran,” CIBC Private Wealth Group senior energy trader Rebecca Babin said in a note.
Link to Seeking Alpha News Article - Jan. 23, 2026
YouTube:
[I/O Fund] AI Stocks: Why the “Inference Stage” Will Make Investors the Most Money in 2026
While the media warns of an “AI Bubble,” the real money is just beginning to flow. In this exclusive interview with Charles Payne, tech visionaries Beth Kindig (I/O Fund) and Ivana Delevska (Spear Invest) explain why we are exiting the R&D phase and entering the massive Inference & Monetization Stage of 2026.
Link to Full Video (07:24 Minute) - Jan 22, 2026
[The Iced Coffee Hour Clips] Why Most People NEVER Get Rich... | Andrei Jikh
This discussion explores the psychological and practical shifts required to achieve financial independence by prioritizing delayed gratification over immediate consumption. The speaker argues that wealth building is often hindered by a societal cycle of debt and a lack of financial literacy that traps individuals in lifelong employment. A key strategy presented is the 4% rule, which suggests that one should only afford recurring costs if they have enough passive investment income to cover them. By viewing purchases through the lens of asset-based survival, individuals can escape the “hamster wheel” of working just to pay for a lifestyle they may not truly value. Ultimately, the text suggests that resisting societal norms and reducing desires are more effective paths to freedom than simply increasing one’s earnings.
Link to Full Video (10:45 Minute) - Oct 19, 2025
Disclosure: We own positions in some/all of the tickers mentioned in this article.
Excellent roundup as always. The Rigetti order to India's C-DAC is particualrly noteworthy cuz it signals governments are now betting on on-premises quantum infrastructure rather than just cloud access. Was chatting with a colleague who works in enterprise IT and they're seeing similar patterns, customers want dedicated hardware for senstive workloads.