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Market Data Table

Breakfast News: ASML Pops 5%, Boosts Nasdaq Futures

January 28, 2026

Tuesday's Markets
S&P 500 6,979 (+0.41%)
Nasdaq 23,817 (+0.91%)
Dow 49,003 (-0.83%)
Bitcoin $89,108 (+1.47%)

Chart comparing ASML's stock performance over the past five years to that of the S&P 500.

1) ASML Q4 Earnings Beat Expectations

ASML Holding (NASDAQ:ASML) gained over 5% this morning, after recording bookings of $15.8 billion in the fourth quarter -- well ahead of the $7.57 billion analysts had been expecting. The company intends to lift its full-year dividend 17% from last year, with a new buyback program of up to $10.4 billion. ASML is beating the S&P 500 by 88% since May 2022's Stock Advisor recommendation.

"More robust expectations of the sustainability of AI-related demand": CEO Christophe Fouquet spoke of customer optimism "reflected in a marked step-up in their medium-term capacity plans." Separately, the company announced 1,700 job layoffs -- 3.8% of its workforce.
"ASML … 'does not expect 2026 total net sales to be below 2025'": Fool contributing analyst Dan Caplinger had been unimpressed by ASML's guidance at Q3 time, but the company now expects an increase of between 4% and 19%. The results helped boost Nasdaq futures around 0.9% this morning.

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2) Report: SpaceX Plans June IPO

SpaceX could be set for a mid-June initial public offering (IPO) -- lining up with a conjunction of Jupiter and Venus on June 8 to 9 and Elon Musk's birthday on June 28 -- reports the Financial Times. The FT previously said Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), JPMorgan Chase (NYSE:JPM), and Morgan Stanley (NYSE:MS) are lining up to take part.

$1.5 trillion valuation: The deal reportedly aims to raise up to $50 billion, exceeding Saudi Aramco's $29 billion in 2019 -- and making it the biggest IPO ever.
"The massive value jump is when you can be on your phone or sleeping for the entire ride": In other Musk-related news, Tesla (NASDAQ:TSLA) will post Q4 results after today's close, as the CEO raves over its Full Self-Drive service.

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3) This Morning's Key Results From SA Recs

Starbucks (NASDAQ:SBUX) is due to post Q1 results before today's opening bell, as analysts expect another revenue rise this quarter. Recommended by Team Hidden Gems, Starbucks is following a previous positive quarter.
Corning (NYSE:GLW), a Team Rule Breakers selection, reported rises in Q4 core sales and earnings of 14% and 26%, respectively, and "expects YoY growth to accelerate" in Q1. It follows an earnings-per-share jump of 24% in the last quarter.
Progressive (NYSE:PGR) will post Q4 earnings this morning. The comprehensive insurance provider saw premium growth in Q3 but suffered a profit fall after a one-off Florida regulatory charge.

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4) Next Up: "Magnificent Seven" Start to Report, Fed Decision

Tesla is joined by fellow "Magnificent Seven" stocks Microsoft (NASDAQ:MSFT) and Meta (NASDAQ:META) today, scheduled to post their latest results after market close. Artificial intelligence (AI) progress will be at the fore, as Alphabet (NASDAQ:GOOG) -- reporting next week -- is widely seen as setting the pace.

"2025 was supposed to be the year of the AI 'Agent'": Watch for more news of Microsoft's next-generation AI chip, Maia 200, designed to give the company added in-house flexibility. Fool analyst Seth Jayson, however, remains skeptical of rapid AI progress.
"My expectation is they're signaling a pause": Investors are looking beyond today's Federal Reserve rate decision -- with no change expected -- as former Kansas City Federal Reserve CEO Esther George earlier suggested a "hold for a while."

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5) Your Take

If you could add to only one of your existing holdings, which company would you double down on?

Debate with friends and family, or become a member to hear what your fellow Fools are saying!

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