Stocks are on edge as—you guessed it—lower oil and China concerns weigh on the markets. Plus, Google reported earnings as Alphabet for the first time. And James Altucher gave us the next big bet in tech. Plus we have a look ahead to everything you need to know about tomorrow, today.
Google-parent Alphabet reports earnings beat
Google parent Alphabet reported better-than-expected quarterly revenue on Monday, boosted by strong sales of advertising on mobile devices and YouTube. Yahoo Finance's Aaron Pressman broke down the results. Do investors have more clarity now into Google's core business?
Winners & losers
Stocks pushing into the red today were GoPro on a price target cut, Restoration Hardware on an analyst downgrade, and Nokia—shares slipping after the company announced a resolution to its patent dispute with Samsung. However, shareholders were not happy with the financial terms of the deal.
Stocks jumping today in today's trading were Twitter on deal talk, Chipotle, and Lumber Liquidators—the battered hardwood flooring maker soaring after a judge accepted the company's plea agreement for violating the Lacey Act. Lumber Liquidators had sourced some wood products from eastern Russia, which is illegal because it threatens the habitat of Siberian tigers.
Market shorts
January proved to be a tumultuous time for the markets. What's in store for February—and could the level of short selling provide an indication? Yahoo Finance's Justine Underhill has a closer look at the charts.
Altucher's big tech bet
While many of the fastest growing tech companies are privately held, there are still ways for everyday investors to get a piece of the action. Joining us on the Final Round to discuss was entrepreneur and author of "The Choose Yourself Guide to Wealth," James Altucher. His big bet—virtual reality.
What to watch
After a booming 2015, we'll get our first taste of how the auto industry is doing this year with motor vehicle sales for the month of January. The automakers will be releasing these figures throughout the day.
More earnings are on the way with ExxonMobil, Pfizer, UPS, Chipotle, and Yahoo Finance's parent, Yahoo.
Finally, will he see his shadow or not? It's Groundhog Day—if only Punxsutawney Phil were market indicator.
