Rolls-Royce share price surged to a record high this year, continuing a trend that has been going on for years. It jumped to a record high of 1,305p on Monday, bringing the year-to-date gains to 11%, making it one of the best-performing companies in the FTSE 100 Index.

Why the Rolls-Royce share price has soared 

Rolls-Royce Holdings stock has soared by 1,300% in the last five years, bringing its market capitalization to over $143 billion, making it the fifth biggest company in the UK after AstraZeneca, HSBC, Linde, and Shell. It has overtaken companies like Unilever, Rio Tinto, and British American Tobacco.

Rolls-Royce’s surge mirrors the performance of other top industrial companies like BAE Systems, Babcock, GE Aerospace, and Melrose Industries. 

One reason for this is that the company has a large defence business at a time when geopolitical risks are rising. Trump recently kidnapped Venezuela’s Nicolas Maduro and has threatened to attack Greenland. 

At the same time, he has hinted that he will launch an attack on Iran, where protests have continued in the past three weeks. Trump has also maintained that the US will boost its defense spending from nearly $1 trillion to $1.5 trillion. 

Defense spending is also accelerating in Europe, where Trump has pushed countries to boost defense spending to 5%. This is important because the company is a major defense contractor, making engines for fighter jets and nuclear submarine propulsion systems.

Rolls-Royce share price has also soared because of its small modular nuclear reactor business. Analysts believe that this business has more room to run, especially after the recent deal between Oklo and Meta Platforms. The deal will see Oklo providing reliable nuclear power to AI data centers. 

Therefore, there is a likelihood that Rolls-Royce will also gain some of these contracts in the future. Besides, it is one of the most experienced companies in the nuclear industry.

Aviation industry is booming

Rolls-Royce’s share price also continued to do well because of the aviation industry, which will continue doing well this year. A recent report by IATA showed that air traffic will grow by 4.9% this year, continuing a trend that started after the pandemic. 

Rolls-Royce is one of the biggest players in the aviation industry, where it makes engines known as Trent and UltraFan. Its engines are mostly used in aircraft like Boeing 787 and Airbus A350.

Analysts believe that the company’s growth will continue this year, with its operating profit and cash flow soaring. The company’s guidance is for the two metrics to be between £3.1 billion and £3.2 billion and between £3 billion and £3.1 billion, respectively. Chances are that its numbers will be better than its guidance.

It has also continued to reward its shareholders, including with a £200 million buyback announced in December.

Rolls-Royce share price technical analysis

The daily chart shows that the Rolls Royce share price has rebounded in the past few weeks. It has soared from a low of 1,020p in December to 1,287p today. 

The stock has moved above the key resistance level at 1,192p, the neckline of the inverted head-and-shoulders pattern, a common bullish reversal sign. 

The stock remains above the 50-day and 200-day Exponential Moving Averages and the Supertrend indicator. Additionally, the Relative Strength Index (RSI) and the Average Directional Index (ADX) have continued rising.

Therefore, the most likely scenario is where the stock continues rising as bulls target the key resistance level at 1,500p. Another alternative is where the stock drops and retests the support at 1,192p and then resumes the uptrend to 1,500p.

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PayPal’s stock price has remained under pressure this year and has moved to its lowest level since April last year. It dropped to a low of $57.25, down by 38% from its highest level in 2025, with its market capitalization falling from over $100 billion to the current $54 billion.

PayPal’s business is facing major headwinds 

PayPal stock continued falling this year as concerns about its growth trajectory this year. The most recent results showed that its revenue rose by 7% in the third quarter to $8.4 billion. This growth is substantially slower than in the past, when the company used to experience double-digit growth rates.

PayPal is facing more challenges, including the rising competition, especially from stablecoins like USDC and USDT. Historically, PayPal transactions costs over 2% of the amount being sent or received. As such, a $2,000 transaction will typically cost over $70.

In contrast, stablecoin transactions normally cost a few pennies. A user will mostly receive the same amount, especially when using layer-2 blockchains like Base and Polygon. 

Therefore, many users are opting to use these stablecoins for payments. Data shows that Ethereum handled stablecoin transactions worth over $8 trillion in the last quarter alone. With stablecoins being in their infancy, there is a likelihood that they will start to take market share from PayPal. 

PayPal has entered the stablecoin industry through its PYUSD coin, which has over $3.7 billion in assets and handled over $15 billion in volume in the last 30 days. The number of its addresses has jumped to 74.8k

The challenge, however, is that its revenue will be negligible unless it gets to a much higher amount. Assuming that PayPal invests all these funds in government bonds that are yielding 4%, it means that its annual revenue will be $148 million. 

Attractive valuation, but risks remain

The only good thing about PayPal is that its business has become highly undervalued. It has a forward price-to-earnings (PE) ratio of 10, which is lower than the S&P 500 Index’s 22. This valuation multiple is also smaller the sector median of 10 and its five-year average of 25.

The main reason for this valuation is that analysts don’t expect much growth in the future. For example, the average revenue growth estimate among analysts is 4.68% followed by 5.75% in 2026. This growth metric is much lower than the average S&P’s estimate of 8.6%.

PayPal is working to make its stock attractive, including by aggressively buying back its stock. It has also started paying a dividend. However, these measures will likely not boost the stock unless the company starts growing.

PayPal stock price technical analysis

The weekly chart shows that the PYPL stock price has been under pressure in the past few months. It has dropped from a high of $92.6 in January last year to the current $57. 

The stock has formed a descending triangle pattern, a popular continuation sign. It also remains below all moving averages, while its Relative Strength Index (RSI) and the MACD have all pointed downwards.

Therefore, the most likely scenario is where the stock makes a bearish breakout and moves below $50.

READ MORE: PayPal stock price forecast: Is this fintech giant a buy?

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The Sensex and Nifty 50 indices continued their downward spiral this year, reaching their lowest levels since November 11. The Nifty 50 Index dropped for six consecutive days, reaching a low of ₹25,560, down by 3% from its highest point this year. Similarly, the Sensex dropped to ₹83,220, also much lower than last year’s high of ₹86,150. 

Nifty 50 and Sensex indices to react to the SCOTUS ruling on tariffs

The blue-chip Nifty 50 and Sensex indices will react to the upcoming Supreme Court of the United States (SCOTUS) decision on Donald Trump’s tariffs against all countries.

This court will rule on whether these tariffs are legal or not, with most analysts expecting it to rule against Trump. Odds of the bank ruling in favor of Trump have dropped to 28%.

In theory, India would be the biggest beneficiary of such a ruling, as the US has maintained a 50% tariff. And last week, Trump threatened to impose a 500% levy on all goods from the country. 

However, the relief rally would be short-lived as Trump has other tools to use against the country and achieve the same goal. The challenge is that such measures have some limits and are significantly lengthy. 

Key Indian corporate earnings

The other key catalyst for the Nifty 50 and Sensex Index is the upcoming corporate earnings from the country. Top consulting companies, which were some of the laggards last year, will publish their results. 

Tata Consultancy Services, the second-biggest IT consulting company after Accenture, will be the first one to release its earnings on Monday. HCL Tech, a company valued at over $46 billion, will also release its numbers on Monday.

Infosys and Wipro will release their numbers on Wednesday and Friday, respectively. These numbers will provide information on whether the IT consulting industry returned to growth.

At the same time, the results will show the impact of Donald Trump’s decision to increase the cost of H1-B visa to $100,000 last year. These companies, especially TCS and Infosys will be the most affected by these changes.

More Indian companies like Jio Financial Services, Reliance Industries, Tech Mahindra, ICICI, HDFC, and Yes Bank will release their numbers this week.

These results come on the same week that the US earnings season kicks off, with the biggest banks publishing their numbers.

India macro data and impact on the RBI

Meanwhile, Indian stocks will react to the upcoming macro data from India, which will have an impact on the Reserve Bank of India (RBI). The first key data to watch will be the upcoming inflation report, which will be released later on Monday.

Economists expect the data to show that the headline Consumer Price Index (CPI) rose from 0.71% in November to 1.50% in December. Such an increase means that the RBI may slow down its interest rate cuts. It recently slashed the benchmark rate from 5.50% to 5.25% as inflation retreated.

Nifty 50 Index has formed a risky pattern

The daily chart shows that the Nifty 50 Index has formed a highly bearish pattern. It formed a double-top pattern at ₹26,370 and a neckline at ₹25,700, its lowest level in December.

The index has moved below the 50-day Exponential Moving Average (EMA). Also, the Relative Strength Index (RSI) and the MACD have pointed to more downside.

It has moved below the strong pivot reverse level of the Murrey Math Line. Therefore, the most likely outlook for the index will be bearish, with the next target to watch being at ₹25,000.

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Polygon price has slumped for two consecutive days, moving from a high of $0.1860 on Saturday to the current $0.1520. It has dropped by nearly 20% as investors booked profits after soaring by over 80% from its lowest level on January 1.

Polygon price slips after a strong rally

POL price has been in a strong bull run in the past few days, moving from a low of $0.098 on January 1 to a high of $0.1860. This surge coincided with several notable improvements in its network and ecosystem.

Data compiled by Nansen shows that Polygon is one of the fastest-growing players in the blockchain industry. Its fees jumped by 178% in the last 30 days to $2.2 million, much higher than what other popular networks made in the same period. 

For example, Stellar made $76,000 in fees, while Optimism and Avalanche made $60,000 and $254,000 in the same period, respectively. Polygon’s fees are also higher than other layer-2 networks like Base and Arbitrum.

The soaring fees have increased the token’s burn rate, which has soared this month as its usage accelerated. The network is burning millions of tokens each day, removing them from circulation.

A key aspect about ongoing Polygon’s growth is that it is spread across various industries and dApps. For example, the network has become a major player in the payment industry, where it has partnered with some of the biggest companies in the industry, like Revolut, Shift4, Stripe, and Mastercard.

The company has announced an Open Money Stack, which will make it easier for companies to move money around the world with lower transaction costs. 

Stablecoin growth has continued

Meanwhile, the network has become a major player in the stablecoin industry. Data shows that the network handled over $29 billion in transactions in the last 30 days as the number of stablecoin addresses soared to over 5 million. 

Polygon handled over 268 million transactions in the last 30 days, a figure that will likely continue growing in the coming months. 

Polygon is also a dominant player in the prediction market that has boomed in the past few years. Data shows that Polymarket, which leverages Polygon’s technology, handled over $662 million in the last 7 days, making it the second-biggest platform in the industry after Kalshi. 

Polygon’s DEX volume has also been in a strong uptrend in the past few months, with the DEX volume soaring to $5.8 billion in the last 30 days. Its volume rose to $234 million in the last 24 hours, higher than Arbitrum’s $219 million.

Polygon also has better tokenomics than other networks as it has no future planned token unlocks. This is unlike other networks like Arbitrum and Aptos that unlock millions of tokens a day.

Polygon crypto price technical analysis 

The daily timeframe chart shows that the POL price has crashed in the past two consecutive days, moving from a high of $0.1860 to the current $0.1550. 

It has moved below the 38.2% Fibonacci Retracement level and is now approaching the Strong, Pivot, Reverse of the Murrey Math Lines tool.

On the positive side, the coin has remained above the Supertrend indicator and the 50-day Exponential Moving Average (EMA). 

Therefore, the token will likely remain under pressure in the near term and then it will rebound later this week. If this happens, the initial target price will be the year-to-date high of $0.1860. 

A move above that level will point to more gains, potentially to the 61.8% retracement level at $0.2200, which is 40% above the current level. However, a move below the support level at $0.1400 will invalidate the bullish outlook.

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The South African rand continued its uptrend against the United States this year. The USD/ZAR exchange rate was trading at 16.45 on Monday, down by 17.50% from its highest point in 2025. So, will the rand rally continue as a fresh risk emerges?

South Africa could attract more Trump ire

The ongoing South African rand rally could be at risk as a new risk emerges. The risk is the ongoing military exercises in its waters involving countries like Iran, Russia, and Chinese warships. 

South Africa notes that the exercises are meant to promote maritime safety, trade, and interoperability. However, most analysts believe that Donald Trump will see these exercises as a form of provocation. 

These exercises come at a time when Trump’s relations with South Africa have worsened. He has accused the government of taking land from the Afrikaner community and killing them in their thousands. There is no evidence to prove that.

Trump has responded by announcing a 30% tariff on goods coming from South Africa. However, there are signs that the country has weathered this storm as its exports to the US rose by 37% last year. The US accounts for 7.2% of South Africa’s exports. 

Trump may respond to the new military activity by raising the tariff rate. Alternatively, he may announce sanctions against South Africa for its coziness with its enemies like China and Iran. South Africa is an original member of BRICS, an organization that Trump loathes.

South Africa’s economy is doing well

Another sign that Trump’s tariffs had a minimal impact on South Africa’s economy is the fact that the economy was doing well. Data shows that the country’s inflation has stabilized to 3.5%, inside the original target range of the South African Reserve Bank (SARB).

More data shows that the economy grew by about 1.2% in 2025, a modest recovery after the previous weakness. This growth will likely continue in the coming years now that the government has largely handled the power crisis. Load shedding by Eskom has almost ended.

Meanwhile, S&P Global Ratings has upgraded the country’s credit rating from stable to positive and reaffirmed at BB-/B. Other agencies by Moody’s and Fitch will upgrade the economy this quarter.

The South African Central Bank slashed interest rates from 7% to 6.75%, and has hinted that it will continue cutting them in the near term. At the same time, the Federal Reserve delivered three interest rate cuts, and analysts expect more cuts this year as the labor market softens.

USD/ZAR technical analysis 

USDZAR technical chart | Source: TradingView 

The weekly chart shows that the USDZAR exchange rate has been in a strong downward trend in the past few months, moving from a high of 19.93 in April last year to the current 16.43.

It has moved below the 50% Fibonacci Retracement level at 16.65 and the important support level at 17.025, its lowest level on October 7 last year. This level was the neckline of the double-top pattern.

The pair has formed a death cross pattern as the 50-week and 200-week Exponential Moving Averages (EMA) have crossed each other. Also, the Average Directional Index (ADX) has jumped to 19, its highest level since April last year, a sign the bears are control.

Therefore, the most likely scenario is where the pair continues falling as sellers target the psychological level at 15.67, the 61.8% Fibonacci Retracement level. On the other hand, a move above the resistance at 17.02 will invalidate the bearish outlook.

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The Dow Jones Index futures retreated by over 250 points as investors reflected on major events, including the latest subpoena on the Federal Reserve and the upcoming corporate earnings and consumer inflation numbers. It retreated to $49,258, down from the all-time high of $49,500. 

Dow Jones Index futures slip as concerns on the Federal Reserve’s independence remains

The Dow Jones Index futures retreated as investors remained concerned about the independence of the Federal Reserve. In a statement, Jerome Powell, the Fed chair, said that the bank had received a subpoena from the Justice Department. 

Powell said that he would fight back, noting that the potential lawsuit was because of his reluctance to cut interest rates, as Donald Trump has pushed him to do. He has received support from Senator Thom Tillis, who said that he will not vote to advance any Fed nominee unless the pursuit ended. 

On the positive side, the United States, while not perfect, has a rule of law, meaning that the Justice Department will need to justify its actions to the court system. And as we saw in the Lisa Cook case, chances are that the Fed will prevail. 

The new development came two days after the Bureau of Labor Statistics (BLS) published the latest US jobs data. This report showed that the economy added 55k jobs as the unemployment rate retreated to 4.4%.

The bureau will next release the December consumer inflation report. Economists polled by Reuters expect the data to show that the headline Consumer Price Index (CPI) dropped to 2.5% in December. Core inflation, which excludes the volatile food and energy prices, remained unchanged at 2.6%.

These numbers will help the Fed when delivering its interest rate decisions this year. Economists expect the bank will leave interest rates unchanged in this month’s meeting.

Corporate earnings ahead

The other catalyst for the Dow Jones Index this week will be the upcoming corporate earnings from the biggest companies in the United States.

Top banks like Goldman Sachs, Morgan Stanley, JPMorgan, and Wells Fargo will publish their financial results. Other top firms to watch will be popular names like Delta, BlackRock, State Street, and Taiwan Semiconductor, and JB Hunt Transport.

Wall Street analysts believe that American companies will publish strong financial results in this earnings season. The average estimate is that companies in the S&P 500 Index will record an earnings growth of 8.3%, continuing the winning streak that has been going on in the past ten quarters.

Geopolitics factors to impact American stocks 

The Dow Jones Index will also react to the ongoing geopolitical issues, especially the protests in Iran. In a statement, Donald Trump continued to threaten Iran’s leaders of a potential strike in the country as the death toll rise to over 500 people.

The deterioration of the situation in the Middle East will have an impact on American stocks because of the impact of the energy markets. Brent crude oil jumped to $63.45, while the West Texas Intermediate (WTI) jumped to $60.

Dow Jones Futures technical analysis 

The daily timeframe chart shows that the Dow Jones futures retreated from the all-time high of $49,870 to the current $49,483. It has remained above all moving averages.

At the same time, the MACD and the Relative Strength Index (RSI) have continued moving sideways. Therefore, the index will likely be volatile as bulls maintain the momentum. A move above the all-time high of $49,870 will confirm the bullish outlook and point to more gains, potentially to the psychological level at $50,000.

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The S&P 500 Index and its ETFs, like the SPY and VOO, will have a highly volatile week as investors react to several potential catalysts, including macro data, geopolitical events, and earnings.

The index, which tracks the biggest companies in the United States, was trading at a record high of $6,965.

Federal Reserve DoJ subpoena

One of the key catalysts for the S&P 500 Index and its ETFs, like the SPY and VOO, is the happenings at the Federal Reserve and its independence.

In a statement, Jerome Powell said that the bank received subpoenas from the Justice Department, which threatened a criminal indictment.

The events related to a Congressional testimony that Jerome Powell gave regarding the renovations at the bank.

However, the reality is that the new threat is due to the ongoing pressure on the bank to cut interest rates. Donald Trump has called for aggressive rate cuts since he became president.

As such, he may use the potential indictment as a pretext for firing Powell. Last year, he used a lawsuit by the Justice Department to fire Lisa Cook, a decision that was temporarily stopped by the court.

Geopolitical events such as Iran protests

Another potential catalyst for the S&P 500 Index is the ongoing protests in Iran, which could lead to the regime’s downfall.

According to Bloomberg, military leaders have briefed Donald Trump on possible strikes.

Trump has also continued to warn the regime about potential actions as the protests continue.

As a result, data on Polymarket show that odds of Ayatollah Khamenei being out as the Supreme Leader by January 31st rose to 21%. Odds of him being out by December 31st have soared to 60%.

Similarly, the odds that the country’s president, Masoud Pezeshkian, will be out by December 31st rose to 60%.

Corporate earnings

The S&P 500 Index and its ETFs will also react to the upcoming earnings season, which will start this week, with big banks like JPMorgan, Wells Fargo, BNY, Bank of America, Citigroup, Morgan Stanley, and Goldman Sachs publishing their results.

Other top companies that will release their numbers this week are BlackRock, State Street, PNC, Charles Schwab, and Delta Air Lines.

A report compiled by FactSet shows that the average estimate is that the earnings growth for the S&P 500 Index is 8.3%, which would mark the tenth consecutive quarter of earnings growth.

In reality, the final earnings growth is often 5% to 6% higher than the estimates. As such, the index’s growth will likely be 13%.

American companies will likely continue the strong earnings this year as the impact of Donald Trump’s tariffs eases and inflation continues falling.

US macro data 

The other key catalyst for the S&P 500 Index and its ETFs, like SPY and VOO is that the US will publish the latest inflation and retail sales data.

The Bureau of Labor Statistics (BLS) will publish the December consumer inflation report on Tuesday and the producer price index on Wednesday.

Economists expect the data to show that inflation remained above 2.5% in December.

However, there are rising odds that inflation will continue easing as gasoline fell to a multi-year low and mortgage rates continued their downward trend.

SCOTUS decision on Donald Trump’s tariffs 

The S&P 500 Index will also react to the closely-watched Supreme Court decision on the legality of Donald Trump’s tariffs on goods imported from other countries.

This decision was expected to happen on Friday last week. Analysts now expect the bank to deliver it on Wednesday this week.

Odds are that the court will rule that these tariffs were illegal, a move that would boost the stock market.

However, Trump has other tools to use and achieve the same result over time.

S&P 500 Index strong technicals 

The S&P 500 Index has also formed strong technicals that may lead to more gains over time.

It has moved above the Supertrend indicator and formed an inverted head-and-shoulders pattern, a common bullish continuation sign. 

Therefore, it is likely that the index will continue rising and move to the key resistance level at $7,000 this week.

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Boeing stock price pulled back for two consecutive days, moving from a high of $233.60 to the current $227. It remains nearly 30% from its lowest level in November last year. This article explores why BA shares will rebound this year.

Boeing stock has strong technicals

The daily chart shows that the BA stock price has rebounded from a low of $176.52, its lowest point in November to the current $227. It has remained above the Supertrend indicator, a sign that bulls are in control.

The stock formed a golden cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) crossed each other in December. This crossover often leads to more gains. 

The Relative Strength Index (RSI) and the MACD have continued soaring, a sign that it has momentum. It has also moved above the ultimate resistance of the Murrey Math Lines tool. 

The stock has also formed an inverse head-and-shoulders pattern, a common bullish reversal sign. Therefore, the stock will likely continue rising as bulls target the psychological point at $300. A move below the strong, pivot, and reverse point at $212 will invalidate the bullish outlook.

Analysts are bullish on the BA stock

The other bullish aspect of the Boeing share price is that Wall Street analysts are bullish on the company. Data compiled by MarketBeat shows that the consensus target is $235, up slightly from the current level. This consensus is much higher than $192, where it was a year ago.

Some of the most bullish analysts are from companies like Bernstein, Tigress, JPMorgan, Citigroup, UBS, and Goldman Sachs. For example, Douglas Harned, a Bernstein analyst, expects the stock to jump to $277. 

The average annual revenue estimate by analysts is $88 billion, up by 32% from 2024. They also expect the company’s revenue will be $96 billion, up by nearly 10% YoY.

READ MORE: Is Boeing stock a buy in 2026? Key catalysts ahead

Trump defense spending boost

Meanwhile, the company will likely benefit from Donald Trump’s announcement that the United States will increase its defense spending to $1.5 trillion from the current $1 trillion.

Boeing, as one of the biggest defense contractors in the US, will benefit from this surge. The most recent results showed that the company’s revenue rose to $6.9 billion in the third quarter, up from $5.5 billion in the same period last year.

Boeing recorded orders valued at over $9 billion, bringing the total backlog to over $76 billion. This growth will likely continue to accelerate if Trump’s wish for more defense spending continues.

Boeing to have more orders this year 

The other main catalyst for the Boeing stock is that its orders will likely continue rising this year. It received its biggest order this week, when Alaska Airlines ordered 100 planes.

The company’s backlog has continued rising, reaching 5,900 to over $636 billion, a figure that will keep rising. One potential catalyst for the business will be Donald Trump’s trip to China. Chances are that Chinese airlines will make big orders on this trip as we saw with his trip to the Middle East.

Airlines will likely be comfortable make more orders as the company’s business has been stable in the past two years, with its planes avoiding major incidents. Also, the company has already received the approval to make more jets per month.

Therefore, all these catalysts will likely be highly bullish for the stock this year. This rally may see it rebound to $300 and above.

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Opendoor stock price was highly volatile this week as Donald Trump started to focus on the affordability issue, especially on the housing market. OPEN initially dropped after his proposal to ban institutional investors from buying residential homes. 

Technicals suggest that the stock may rebound soon a rare bullish pattern has formed. It may also benefit from its high short interest of over 12%.

Opendoor stock in focus as Trump moves to ban institutional buying

In a major announcement this week, Trump said that he would move to ban institutional investors from buying residential homes. That move led to a sharp decline in Blackstone stock as the company is one of the biggest players in the industry. 

It also affected Opendoor Technologies, a company that focuses on house flipping. Its platform allows users to sell their homes in a few steps, and others to buy homes. 

Still, analysts believe that the company’s business will not be affected significantly. For one, unlike Blackstone, Opendoor does not run a rental business. Instead, it focuses on buying homes, improving them, and then selling. It has also embraced the role of agents in its operations as it seeks to have an asset-light model over time.