Dow Jones Today: Stock Futures Point to Higher Open After Indexes Rebound on Eased Greenland Tensions; Key Inflation Data on Tap

January 22, 2026 07:41 AM EST

McCormick Stock Drops After Soft Full-Year Profit Forecast

FROM 12 minutes ago

McCormick & Co.’s full-year profit forecast evidently wasn’t spicy enough for investors.

McCormick (MKC) shares sank 6% in premarket trading after the spice maker issued a soft fiscal 2026 profit projection.

The Hunt Valley, Md.-based company sees adjusted earnings of $3.05 to $3.13 per share. Analysts surveyed by Visible Alpha were looking for $3.22 per share.

For the fiscal 2025 fourth quarter, McCormick’s adjusted EPS of $0.86 narrowly missed estimates, while its net sales of $1.85 billion slightly topped consensus.

“While global trade dynamics continue to create headwinds and we are facing elevated costs for the year, we are leveraging our competitive advantages, productivity initiatives, and cost management discipline to help mitigate these pressures, sustain volume growth, and fund investments that drive long-term value creation,” CEO Brendan Foley said.

McCormick shares have lost about 10% of their value over the past year entering today.

January 22, 2026 06:56 AM EST

Wall Street Is Down on Software Stocks. This Expert Says That’s ‘Absolutely Wrong’

FROM 58 minutes ago

Anxious software investors worry that artificial intelligence is disrupting the multi-trillion dollar industry. One veteran tech investor says those concerns are misplaced.

Orlando Bravo, founder and managing partner of tech-focused private equity firm Thoma Bravo, on Wednesday called the narrative that AI is going to eat software “absolutely wrong,” in an interview with CNBC. The reason: They know what the companies and industries they serve need to succeed—and are still positioned to deliver it.

“The franchise value of most software companies is [their] deep domain knowledge,” Bravo said. That, he said, situates software companies at the intersection of AI capabilities and enterprise needs. 

“If you want to see wide adoption in the enterprise of AI, these are the companies that will do it,” Bravo said. “These are the companies that hold the key.

Read the full article here.

–Colin Laidley

January 22, 2026 06:36 AM EST

Stock Futures Point to Higher Open After Indexes Rebound on Eased Tensions Over Greenland

FROM 1 hr 18 min ago

Futures contracts connected to the Dow Jones Industrial Average pointed up 0.4%.

S&P 500 futures rose 0.6%.

Nasdaq 100 futures advanced 0.9%.