00:05 Speaker A
Time now for what to watch Wednesday, February 4th. We’re going to start off on the earnings front. Multiple big names on deck Wednesday including Uber and Qualcomm, but all eyes on Alphabet’s fourth quarter results.
00:18 Speaker A
The Google parent company reporting after the market’s closed. Investors will be watching whether momentum around Gemini is starting to translate into real growth.
00:27 Speaker A
Analysts saying Alphabet’s core search business is holding up well with ad sales insulated from any meaningful shift towards Open AI’s chat GPT.
00:37 Speaker A
There’s also focus on whether new AI driven tools across Google’s apps can improve ad targeting and personalization, which could provide a tailwind for YouTube.
00:48 Speaker A
Wednesday also a big day for the pharma sector. Eli Lily, Abby Abby and Novo Nordisk also reporting quarterly results. Eli Lily’s guidance in focus, with management suggesting that pricing is more predictable, but that volumes remain unknown.
01:03 Speaker A
Analysts are also watching how quickly newer weight loss treatments ramp and what that means for margins as we move through 2026.
01:09 Speaker A
And finally, a quick macro check with ADP employment report. Economists expecting private payrolls to rise by about 45,000 in January, up slightly from December, a data point that could shape expectations for the labor market and the Fed in the months ahead.
