Market Overview
▪ The three major U.S. stock indices closed higher in the early morning of January 23, 2026, Beijing time, showing a strong rebound after a significant pullback on Tuesday, continuing the overall upward momentum.
▪ The Dow Jones Industrial Average closed at 49,384.01 points, up 0.63%.
▪ The S&amp;P 500 Index closed at 6,913.35 points, with an increase of 0.55%.
▪ The NASDAQ Index closed at 23,436.02 points, with a rise of 0.91%, showcasing strong performance in the technology sector.
Sector Performance
▪ In the automotive manufacturing sector, leading stock Tesla surged 4.15%. On January 22 local time, Musk made a rare appearance at the World Economic Forum in Davos, engaging in dialogue with BlackRock CEO Larry Fink. During the conversation, he outlined a grand vision encompassing humanoid robots, autonomous driving, space exploration, and artificial intelligence (AI), predicting that AI will surpass human intelligence by the end of this year, and Tesla's humanoid robot Optimus will be available for public sale by the end of next year at the earliest.
▪ The semiconductor sector benefited from sustained strong demand for AI, showing a differentiated upward trend, with NVIDIA rising 0.83%, and Micron Technology and AMD increasing by 2.18% and 1.57%, respectively. On the other hand, Intel released its quarterly earnings report after U.S. market hours, indicating growth in its data center and AI business for Q4 2025, but the client business weighed on revenue; the company's gross margin guidance for the next quarter was below market expectations, thus putting some short-term pressure on the sector.
Macroeconomic Background
▪ The market is focused on durable goods orders data and Federal Reserve policy dynamics, with investors continuously monitoring the impact of economic data on Federal Reserve policies and corporate profits.
Popular Stocks
▪ 60 Degrees Pharmaceuticals' stock price skyrocketed by 152.00%, with a trading volume of $1.128 billion, as the company announced a partnership with Runway Health to expand access to its malaria prevention drug, boosting interest in the biopharmaceutical sector.
▪ IO Biotech rose 131.26%, with a trading volume of $191 million, experiencing significant price fluctuations recently due to FDA decisions and layoff news.
▪ Namib Minerals increased by 83.63%, with a trading volume of $590 million, as the stock accumulated a rise of over 300% in the past two trading days, reflecting strong trading enthusiasm in the market. Investors remain focused on the company's long-term growth strategy, including mine expansion plans and cost improvements, while macroeconomic factors influenced by U.S. Senate proposals have heightened expectations for key mineral policy adjustments.
▪ SPRING VALLEY ACQUISITION CORP III surged 301.92% due to reverse merger news, with a trading volume of $6.3106 million
▪ Blue Gold rose by 103.83%, with a transaction volume of $10,900, driven by increased demand for gold as a safe haven.
Top 10 Market Transaction Volumes
▪ Tesla (TSLA) latest transaction price $449.36, up 4.15%, transaction volume $31.66 billion
▪ NVIDIA (NVDA) latest transaction price $184.84, up 0.83%, transaction volume $25.81 billion
▪ Micron Technology (MU) latest transaction price $397.58, up 2.18%, transaction volume $15.46 billion
▪ Meta (META) latest transaction price $647.63, up 5.66%, transaction volume $13.71 billion
▪ Microsoft (MSFT) latest transaction price $451.14, up 1.58%, transaction volume $11.39 billion
▪ Sandisk (SNDK) latest transaction price $503.44, up 0.43%, transaction volume $10.12 billion
▪ Intel (INTC) latest transaction price $54.32, up 0.13%, transaction volume $10.05 billion
▪ Apple (AAPL) latest transaction price $248.35, up 0.28%, transaction volume $9.90 billion
▪ AMD (AMD) latest transaction price $253.73, up 1.57%, transaction volume $9.58 billion
▪ Google -A (GOOGL) latest transaction price $330.54, up 0.66%, transaction volume $8.70 billion

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

On October 26th, after the U.S. stock market closed, chip giant Intel released its Q3 2023 financial report. The report showed that Intel's total revenue in the third quarter fell 8% year-on-year to $14.16 billion, marking the seventh consecutive quarter of declining sales, although it was still higher than the market expectation of $13.53 billion. In the second quarter, revenue had previously dropped 15% year-on-year, and the company expects revenue to return to growth in the fourth quarter. However, the sales of the Network and Edge Group (NEX), which includes IoT and other segments, fell 32% year-on-year to $1.5 billion. More importantly, the server chip division, named "Data Center and Artificial Intelligence," has yet to recover growth, with third-quarter revenue declining 10% year-on-year to $3.8 billion. Facing multiple competitive pressures, do you think Intel can turn the tide in the AI era?

In the AI era, can Intel win a comeback?

On January 23, 2026, the three major U.S. stock indices collectively closed higher, with the Dow Jones Industrial Average, S&P 500, and NASDAQ all performing strongly, maintaining near-term highs. The automotive manufacturing and semiconductor sectors rose together, with Tesla leading the sector, up 4.15%, while NVIDIA increased by 0.77% in the semiconductor space. Biopharmaceuticals, gold, and key mineral-related stocks also showed strength. The market is focused on durable goods orders data and Federal Reserve policy dynamics, with overall investment sentiment being positive. Among popular stocks, some individual stocks saw gains exceeding 100%, indicating an increase in risk appetite for funds

- The U.S. stock market indices rebounded strongly on January 23, 2026, with the Dow Jones up 0.63% at 49,384.01 points, and the S&P 500 and Nasdaq rising 0.55% and 0.91%, respectively.  
- Tesla's stock surged 4.15%, following CEO Elon Musk's notable appearance at the World Economic Forum, where he discussed future technologies including AI and humanoid robots.  
- Significant movements were seen in various stocks, with 60 Degrees Pharmaceuticals rising 152.00% due to a partnership announcement, while market concerns lingered over durable goods orders and Federal Reserve policies.

Market Heartbeat

Tesla

NVIDIA

Micron Tech

Intel

60 Degrees Pharmaceuticals

IO Biotech

Namib Minerals

SPRING VALLEY ACQUISITION CORP III C/WTS 04/09/2030 (TO PUR COM)

Meta Platforms

Microsoft

Blue Gold

Direxion Daily NVDA Bull 2X Shares

T-Rex 2X Long NVIDIA Daily Target ETF

GraniteShares 1.25 Long TSLA Daily ETF

VanEck Semiconductor ETF

iShares Semiconductor ETF

Dow Jones Industrial Average

T-Rex 2X Long Tesla Daily Target ETF

GraniteShares 2x Long NVDA Daily ETF

NASDAQ Composite Index

NASDAQ 100 Technology Sector Market-Cap Weighted Index

Leverage Shares 2X Long TSLA Daily ETF

S&P 500

Guggenheim DJIA Ave Div

Direxion Semicon Bull 3X

Simplify Volt TSLA Revolution ETF

Direxion Daily TSLA Bull 2X Shares

GraniteShares 2x Long TSLA Daily ETF

U.S. stock market close | All three major indices rose, with Tesla leading up 4.15%, and NVIDIA slightly up 0.77%