Growth Slows, Inflation Sticks as Markets Turn Cautious
Markets are drifting lower following a wave of key economic data that painted a softer growth and firmer inflation picture. U.S. GDP expanded at a +1.4% annualized rate in Q4 2025, well below the +2.8% consensus and sharply down from +4.4% in the prior quarter, while December PCE rose +0.4% month-over-month, topping expectations. Core PCE, the Fed’s preferred inflation gauge, also came in hot at +0.4%, signaling sticky underlying price pressures.
Tesla Slashes Cybertruck Prices Amid Narrative Shift
Tesla (TSLA) is trading flat in premarket trading after unveiling a new, lower-priced Cybertruck at $59,990, making the dual-motor AWD version the most affordable in the lineup, while also cutting the Cyberbeast model to $99,990 from $114,990. The pricing adjustments come as shares sit down more than -8% year to date and U.S. EV sales showed another decline in January based on state registration data. Investor focus has shifted from delivery growth to TSLA’s AI and autonomy ambitions, reshaping the stock’s narrative beyond vehicle volumes.
Comfort Systems Rallies on Blowout Quarter, Record Backlog
Comfort Systems USA (FIX) is up over +4% in premarket trading after delivering a standout Q4 that crushed expectations. EPS surged +129% YoY to $9.37, far above estimates, while revenue jumped +42% to $2.7B on strong demand in public infrastructure and data centers, along with acquisition-driven growth. Backlog nearly doubled to $11.9B, underscoring strong visibility into 2026. Expanding margins, rising free cash flow, and a +17% dividend increase reinforced operating momentum, highlighting sustained strength across mechanical and electrical segments.
Copart Slides as Volume Declines Offset Pricing Strength
Copart (CPRT) is down over -8% in premarket trading after reporting weaker insurance unit volumes despite solid pricing trends. Consolidated revenue declined -3.6% YoY to $1.1B, with global insurance units down -9%, though U.S. insurance ASPs rose +6% and +9% excluding catastrophe impacts. Management attributed the volume pressure to cyclical shifts in auto insurance coverage, while highlighting record selling prices, strong liquidity, and ongoing share repurchases.
Opendoor Soars on Turnaround Momentum
Opendoor (OPEN) is up over +18% in premarket trading after outlining accelerating acquisition momentum and reaffirming its goal of reaching adjusted net income profitability by the end of 2026. Management highlighted a sharp ramp in weekly home purchases and described recent cohorts as tracking toward record profitability, signaling early traction from its revamped operating model. While revenue declined sequentially and losses remained elevated due to noncash items, investors appeared encouraged by improving margins, stronger resale velocity, and clearer visibility into a path toward sustainable growth.
