Hot News

Federal Reserve Dynamics

Trump hints that the candidate list for Federal Reserve Chair has been narrowed to one, Supreme Court takes a cautious stance on the removal of board members

• Trump stated that the candidate list has been reduced, suggesting that the remaining candidate could be as excellent as Greenspan, hinting at Hassett remaining in his original position.
• Supreme Court justices questioned the move to remove Federal Reserve Governor Lisa Cook, which could undermine the Fed's independence.
• Walsh and Riedel have been mentioned as potential candidates. This move alleviated market concerns about the Fed's independence, driving a rebound in the tech sector of the U.S. stock market, but if the confirmed candidate leans dovish, it may further suppress dollar yields.

International Commodities

Geopolitical easing combined with adjustments in demand expectations leads to increased volatility in energy and metal prices

• After Trump canceled tariffs on Europe, crude oil prices slightly rebounded, but expectations of oversupply still dominate the market.
• Gold and silver benefited from safe-haven demand and expectations of loose monetary policy, continuing to reach new highs.
• Institutions raised their forecasts for global oil demand growth in 2026, but risks of inventory accumulation remain. The market is optimistic about easing trade frictions, but supply growth may suppress energy rebounds, while metals benefit from AI demand and diversification of reserves.

Macroeconomic Policy

Trump's Davos speech criticizes allies, EU insists on summit to address tariff threats

• Trump emphasized his intention to acquire Greenland, supported nuclear energy for AI, and criticized Europe's development path.
• A framework agreement on Greenland was reached with NATO, eliminating tariffs on eight countries.
• An EU spokesperson stated that the summit will proceed as planned, continuing discussions to protect interests. These statements eased short-term trade war risks and boosted global stock markets, but potential tensions in allied relationships may amplify economic uncertainty, affecting transatlantic investment flows.

# Market Review

• Spot Gold: $4796 per ounce, gold has risen for five consecutive days, driven by safe-haven demand and a weakening dollar.
• Spot Silver: $92.28 per ounce, dominated by weak industrial demand, but up over 30% from last month.
• WIT Crude Oil: Slightly up 0.38% to $60.68 per barrel, geopolitical easing supports a rebound, but expectations of oversupply limit gains.
• Dollar Index: Flat, trade optimism weakens safe-haven appeal.

U.S. Stock Index Performance

• Dow Jones: Up 1.21% to 49077.23 points, rebounding from trade gloom.
• S&P 500: Up 1.16% to 6875.62 points, led by tech and energy stocks.
• Nasdaq: Up 1.18% to 23224.82 points, driven by storage and AI-related sectors.

Tech Giants Dynamics

• Nvidia: Up 2.95%, benefiting from expectations of AI nuclear energy policies.
• Apple: Up 0.39%, but SIRI upgrade news boosts sentiment.
• Microsoft: Down 2.29%, the software sector overall under pressure.
• Google: Up 1.98%, strong performance in search and cloud business.
• Amazon: Up 0.13%, stable e-commerce demand.
• Meta: Up 1.46%, recovery in social platform advertising.
• Tesla: Up 2.91%, Cybercab progress is slow but recognized.

Overall, there were more gains than losses, mainly due to Trump's trade easing releasing risk appetite, with tech stocks benefiting from AI and data center themes.

Sector Movement Observation

Storage concept stocks generally rose 6-14%

• Representative stocks: Micron Technology rose 6.61%, SanDisk rose 10.63%.
• Driving factors: Surge in AI data center demand and supply chain optimization boosting valuations.

# In-Depth Stock Analysis

1. Intel - Wins Major U.S. Military Contract

Event Overview: Intel won a $151 billion chip contract from the U.S. Missile Defense Agency for the SHIELD project, becoming an indefinite delivery supplier. New Vice President James Chew announced this move, causing the stock price to surge nearly 12%, reaching a three-year high. Ahead of earnings reports, shareholder optimism peaks, betting on the CEO's transformation plan and strong demand for data centers. Market Interpretation: Institutional views suggest this contract strengthens Intel's defense business diversification, offsetting weakness in consumer chips; however, increasing competition requires attention to execution risks. Investment Insight: Defense orders provide stable cash flow, positively impacting stock prices in the short term; long-term monitoring of AI chip market share is necessary.

2. Apple - Plans to Transform SIRI into a Chatbot

Event Overview: Apple plans to upgrade SIRI to the first chatbot "CAMPOS" in the second half of 2026, relying on Google's Gemini model, running on Google Cloud and using TPU chips. The goal is to enhance the competitiveness of the voice assistant in response to the AI wave. Market Interpretation: Analysts say this move integrates ecological advantages, but reliance on external models may increase costs; institutions are optimistic about the long-term boost to the iOS ecosystem. Investment Insight: AI upgrades may stimulate hardware sales; investors should pay attention to the June release timing to assess the competitive landscape.

3. Tesla - Slow Initial Production of Cybercab and Optimus

Event Overview: Musk stated that the initial production of the Cybercab autonomous taxi and the Optimus robot is very slow, with gradual increases expected. The Cybercab is designed without a steering wheel, with plans for large-scale production in 2026; Optimus is expected to start by the end of the year. Market Interpretation: Investment bank views are divided, with some concerned that delays may impact valuations, but they are optimistic about the potential of the robotics business; regulatory and technological bottlenecks need to be monitored. Investment Insight: Short-term production bottlenecks may pressure stock prices; long-term AI application potential is significant, suitable for patient holding.

4. Kraft Heinz - Berkshire May Reduce 27.5% Stake

Event Overview: Kraft Heinz submitted a filing to the SEC, registering that Berkshire Hathaway may resell 325 million shares, accounting for 27.5% of total equity. This raised concerns about a sell-off, causing the stock price to drop nearly 6%. The company's stock price has fallen 70% from its 2017 restructuring peak, impacted by health food trends and private label competition. Market Interpretation: Analysts indicate that the sell-off reflects weakness in the food sector, but there is limited room for fundamental improvement; institutions suggest monitoring consumer shifts. Investment Insight: Major shareholder sell-offs increase volatility; defensive investors may avoid this stock until valuation recovery.

5. Micron Technology - Storage Stocks Continue to Rise Strongly

Event Overview: Micron Technology rose 6.61%, reaching new highs alongside other storage stocks like Rambus, which rose 14.38%, and Western Digital, which rose 8.49%. Benefiting from the expansion of AI data centers and a recovering supply chain, the strong performance continues for several days. Market Interpretation: Institutional views are optimistic, driven by AI demand leading to supply shortages; however, cyclical risks need to be monitored due to economic slowdown. Investment Insight: High allocation value during the tech cycle upturn; monitor semiconductor inventory levels to avoid overheating.

# Today's Market Calendar

Data Release Schedule

Important Event Forecast

• Earnings Releases: Companies like PG, GE, ABT will release Q4 earnings, focusing on consumer and industrial sector guidance.
• Federal Reserve Speeches: 14:00 - Federal Reserve officials will comment on the interest rate path, assessing easing expectations.

Bitget Research Institute Views:

Trump's trade easing boosts indices like the Dow, but caution against the risk of tariff reintroduction; supported by loose policies and safe-haven demand, precious metals continue to reach new highs, with gold expected to reach $4900 per ounce; crude oil is pressured by oversupply, with an average price likely hovering around $65 per barrel, and slowing demand growth is a hidden concern; in foreign exchange, the dollar is slightly stronger, but analysts see a 3% depreciation by 2026, with accelerated diversification of reserves. Overall market risk appetite is recovering, but geopolitical and policy uncertainties remain.

Disclaimer: The above content is organized by AI search, with human verification for publication, and should not be considered as any investment advice.