Stock Market Live January 6: Nvidia Revs Up, S&P 500 (VOO) Slips
Quick Read
-
Nvidia announced plans to produce AI chips and software to drive robotaxis by 2027.
-
Wall Street pounds the table, telling investors to keep buying Nvidia stock.
Live Updates
Stryker While the Iron Is Hot
Raymond James upgraded Stryker (NYSE: SYK | SYK Price Prediction) to outperform with a $418 price target this morning.
Stryker calls Stryker “one of the highest quality stocks in large cap MedTech,” and has grown its sales 10% or better for five straight years, yet the stock’s price multiple has compressed. This does not make sense to RJ, and could signal a buying opportunity.
Investors seem to agree, and Stryker stock is up more than 3% today.
AngioDynamics Has a Heart Attack
There’s not a lot of earnings news today… but there is some… and it’s not good. Medical devices manufacturer AngioDynamics (Nasdaq: ANGO) reported breakeven profits for Q2 this morning, and beat on revenue with $79.4 million collected in the quarter.
That sounds like good news, but AngioDynamics stock is down 13% today.
Why? According to AngioDynamics’ guidance, the company will end up losing at least $0.23 per share this year, and potentially as much as $0.33, despite the early beat. No wonder investors are upset.
Ford Revs Higher
Ford Motor (NYSE: F) reports that its sales grew 6% in 2025, to 2.2 million vehicles. This was the company’s best annual sales result since before the Pandemic, when Ford sold 2.42 million vehicles in 2019.
Sales growth did slow a bit in the final quarter of the year, however. Ford sold 545,200 vehicles in Q4, up less than 3% year over year.
F-Series pickup sales grew 8% year over year in 2025, but fell 3% in Q4, hurt by supply chain problems after the company’s biggest supplier of aluminum suffered as series of factory fires.
Ford EV sales fell 14% for the year, and were down 52% in Q4 after the expiration of federal tax credits.
Ford stock opened up 1% this morning, and the Vanguard S&P 500 ETF erased premarket losses to turn (barely) green at the open, up less than 0.1%.
This article will be updated throughout the day, so check back often for more daily updates.
Nvidia (Nasdaq: NVDA) wants to be a robotaxi driver when it grows up.
Last night, the AI semiconductor chip leader announced it wants to use its “Drive AGX Thor” chips and “Drive AV” autonomous vehicle software to enable Level 4 autonomous driving in robotaxi fleets. (Level 4 autonomy encompasses entirely autonomous driving by the car, without human assistance, within pre-determined areas). Nvidia expects its tech to be ready for widescale deployment in 2027. Mercedes-Benz plans to unveil a robotaxi powered by Nvidia tech later this year.
Nvidia stock is up more than 1% premarket on the news, and the stock’s gains (Nvidia is an S&P 500 component company) are helping to offset declines elsewhere within the index. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is currently down 0.1% premarket.
Wall Street reacts
Responding in part to this news, Wedbush analyst Daniel Ives called Nvidia stock (and other AI plays such as Microsoft (Nasdaq: MSFT) and Oracle (Nasdaq: ORCL), too) “table-pounder opportunities” for investors in the New Year.
Speaking on CNBC last night, Ives observed: “Investors are kind of yawning at what Nvidia stock is doing right here. And I think we sit here six to nine months from now, I think it’s a table-pounder opportunity to own Nvidia, to own Microsoft and to obviously own names like Oracle as well … Investors are underestimating what the demand is going to look like for Nvidia … 2026, I see as a golden year for Microsoft.”
Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.
He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.
© Cherdchai101 / Shutterstock.com