HK, US stocks top stories

UOB soars over 3% to hit record as OCBC also hits a high; STI jumps 1%

Shares of UOB and OCBC Bank reached record highs on January 23, with UOB rising 3.1% to S$38.79 and OCBC up 2.7% to S$21.14. This surge contributed to a 1% increase in the Straits Times Index (STI), which hit a new peak of 4,876.03 points. The rise followed a 2.3% increase in UOB shares the previous day, aided by a rebound in Asian markets and an upgrade from Macquarie analysts.

TikTok reaches deal for new US joint venture to avoid American ban

TikTok's parent company, ByteDance, has established a majority American-owned joint venture, TikTok USDS Joint Venture LLC, to prevent a U.S. ban on the app. This agreement allows American and global investors, including Oracle and Silver Lake, to own 80.1% of the venture, while ByteDance retains 19.9%. The move aims to enhance data privacy and cybersecurity for U.S. users, following years of regulatory challenges since 2020.

PRECIOUS-Gold, silver and platinum extend record‑setting rally

Gold, silver, and platinum have reached record highs due to geopolitical and economic uncertainties, a weaker dollar, and expectations of U.S. Federal Reserve interest rate cuts. Spot gold rose 0.5% to $4,961.57 per ounce, while silver and platinum also saw significant gains. The dollar index fell, making metals cheaper for overseas buyers, and markets anticipate further rate cuts, enhancing gold's appeal. U.S. consumer spending remains strong, contributing to economic growth despite a stagnant labor market.

The Bank of Japan maintains the policy interest rate at 0.75%, in line with expectations

The Bank of Japan maintains the policy interest rate at 0.75%, in line with expectations. Risk warning and disclaimer: The market carries risks, and investments should be made cautiously. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

AH shares fluctuated higher, the photovoltaic sector surged, triggering a wave of limit-up stocks, precious metals rose sharply again, Alibaba increased by over 3%, and metal futures rallied across the board

The precious metals concept has repeatedly strengthened, with Baiyin Nonferrous achieving a 4-day limit up, and Yuguang Gold&Lead, China Gold, SC GOLD, SDR, and XINGYE SILVER&TIN among the top gainers. The photovoltaic concept has exploded across the board, with the space photovoltaic sector leading the rise. Drinda has achieved a 2-day limit up, and GCLSI, JINCHEN MACHINERY, MYSE, TOPRAYSOLAR, and many other stocks have hit the limit up, while Longbridge, Maxwell, and Risen Energy have risen over 10%

Better Artificial Intelligence Stock: Nvidia vs. Meta Platforms

Investors are increasingly interested in AI stocks, particularly Nvidia and Meta Platforms. Nvidia, a leader in AI chip sales, has seen revenue soar to over $130 billion, with a strong growth outlook. In contrast, Meta is investing heavily in AI to enhance its advertising business but is not yet generating significant revenue from it. Nvidia's stock trades at 37x forward earnings, while Meta's is at 19x. Despite Meta's lower current revenue from AI, its stock is considered a better buy due to its lower valuation and ongoing earnings growth.

The electrification of commercial vehicles has entered a singularity moment

Penny-pinching

Overlooked Opportunity? Goldman Sachs: The Market Seriously Underestimates the Explosive Potential of European Data Centers

Goldman Sachs believes that driven by multiple factors such as the demand for AI computing power, localization of cloud computing, and significant improvements in the policy environment, the construction of data centers in Europe may exhibit distinct characteristics of being advanced and concentrated. At the same time, Goldman Sachs stated that accelerating the construction of renewable energy and new gas power plants typically requires a construction cycle of 3 to 5 years. During this period, the increase in electricity demand from data centers will first tighten the electricity markets across Europe, thereby temporarily boosting the profitability of traditional gas power plants

Tesla Robotaxi milestone: "True autonomous driving" hits the road in Austin

Tesla has taken a key step in the commercialization of autonomous driving by starting to offer a paid Robotaxi service without safety drivers in Austin, Texas. Tesla's AI head Ashok Elluswamy stated that the company will adopt a gradual deployment approach. Over time, the proportion of unsupervised vehicles will gradually increase

Intel conference call: CPU demand surges but there are orders without inventory! CEO admits that inventory is depleted and yield rates are below standard, "I am very disappointed that we cannot meet the demand."

Intel's Q4 performance exceeded expectations, but weak guidance for Q1 led to a sharp decline in stock prices. CEO Chen Liwu admitted, "I am very disappointed that we cannot fully meet market demand." Despite strong demand for AI, particularly the critical role of CPUs in AI inference and orchestration driving a surge in orders from hyperscale cloud providers, the company is facing severe supply bottlenecks, with buffer inventory depleted, "orders without goods," and manufacturing yields not yet meeting internal standards

Cryptocurrency market sentiment indicator! BitGo surged 25% on its first day of listing

Cryptocurrency infrastructure company BitGo went public on the New York Stock Exchange on January 22, soaring 25% on its first day before retreating to a closing price of $18.49, with a market capitalization of $2.1 billion. Despite the U.S. Senate delaying the vote on cryptocurrency legislation, founder Belshe remains optimistic about the regulatory environment improving, believing that this year will be "an incredible year."

The world's largest IPO is coming? SpaceX selects Goldman Sachs and three other major investment banks as underwriters

According to the Financial Times, citing informed sources, SpaceX executives have met with bankers from Bank of America, Goldman Sachs, JP Morgan, and Morgan Stanley in recent weeks, selecting these four Wall Street investment banks as lead underwriters. It has been reported that other banks may also secure a place in this listing, which has not yet been finalized

U.S. Secretary of Commerce Gina Raimondo: Our GDP growth rate will exceed 5% this quarter

Former U.S. President Trump stated that the Federal Reserve has been harmed and lost credibility during Powell's tenure

Is the wolf really here? Quantum computing poses a threat to Bitcoin that is "no longer theoretical," analysts say: 20-50% of Bitcoin has "security risks."

David Duong, the Global Head of Research at Coinbase, warned that approximately 32.7% of the Bitcoin supply is at risk of potential quantum computing attacks, involving about 6.51 million Bitcoins. Quantum computers operate at speeds far exceeding traditional computers and could ultimately break the encryption algorithms that protect Bitcoin wallets. The most aggressive analyses suggest that the threat could become a reality in about five years

Musk's Davos Blueprint: Public Sale of Optimus Robot Next Year, Robotaxi Will Be "Very Popular" in the U.S. This Year, AI May Surpass Humans

Elon Musk said that if Tesla is confident in the reliability, safety, and functionality of its robots, it will launch public sales by the end of next year, allowing users to "essentially ask it to do almost anything you want it to do"; it has begun offering Robotaxi services in Austin, Texas, without setting up in-car safety supervisors. He predicts that by the end of this year, or at the latest next year, AI will become "smarter than any human."

Trump TACO boosts the Asia-Pacific stock market, chip stocks surge, South Korean stocks break through the 5000 mark! Gold falls below 4800

The market's risk appetite sentiment has transmitted from the overnight U.S. stock market to the Asia-Pacific region, with the South Korean Composite Index soaring by 2% and the Nikkei 225 Index rising by 1.87%, with chip stocks being the core driving force. Meanwhile, safe-haven assets such as precious metals have retreated, with spot gold falling nearly 1% in the Asia-Pacific early session, dropping below the $4,800 mark. Spot silver has also declined by 0.8%

Gold Attention Signal: Volatility Soars

Gold prices have fluctuated sharply for the second consecutive day, but remain below the panic levels of October and April. Typically, at this stage, investors are forced to chase the upward trend merely to maintain their gold positions, a phenomenon that often occurs in the later stages of a gold rally