Bitget UEX Daily Report | Trump's Remarks Boost Gold Prices; S&P Hits All-Time High; Strong Performance from Storage Stocks (January 28, 2026)

# 1. Hot News

Federal Reserve Dynamics

Popular Candidate Supports Bitcoin to Replace Gold

• Fed Chair candidate Rick Rieder publicly stated that Bitcoin will surpass gold as a store of value and suggested that investors allocate to this asset.
• Key Points: Rieder predicts a 46% probability, having previously forecasted in 2020 that Bitcoin's functionality would outperform gold; recently criticized the Fed for slow rate cuts, aligning with Trump's views.
• Market Impact: This statement reinforces the legitimacy of crypto assets, potentially driving more institutional funds into the digital currency space and boosting market sentiment.

International Commodities

Trump's Dollar Devaluation Remarks Trigger Gold Price Surge

• President Trump stated that dollar fluctuations are controllable but hinted at possible currency manipulation, causing the dollar index to plummet to a four-year low.
• Key Points: Gold prices hit a new high, breaking $5190 per ounce; non-dollar currencies strengthened, with offshore RMB nearing the 6.93 mark; Trump criticized Japan's monetary policy.
• Market Impact: Increased demand for safe-haven assets pushed precious metal prices higher, potentially exacerbating global currency volatility and affecting commodity trade patterns.

Macroeconomic Policy

U.S. Congress Negotiations Avoid Partial Government Shutdown

• Senate Republican leaders indicated they are negotiating funding issues with the White House, while Democrats demand restrictions on Trump's immigration policies as a condition for funding.
• Key Points: The funding deadline is January 30, with the Department of Homeland Security in focus; both parties seek a specific list of immigration enforcement from Democrats.
• Market Impact: A failure in negotiations could trigger short-term market turmoil, increasing uncertainty and raising demand for safe-haven assets.

U.S. Warns South Korea Not to Discriminate Against U.S. Tech Firms

• The Trump administration threatened to impose higher tariffs on countries that discriminate against U.S. tech companies, focusing on South Korean e-commerce firm Coupang and AI regulations.
• Key Points: U.S. Vice President spoke with South Korean Prime Minister; bilateral trade talks were canceled last December.
• Market Impact: This could escalate trade tensions between the U.S. and South Korea, affecting tech stock performance and impacting global supply chain stability.

U.S. Demands India Further Reduce Russian Oil Purchases

• The U.S. Trade Representative stated that while India has made progress, more efforts are needed to qualify for tariff reductions, emphasizing that discounts are a barrier.
• Key Points: Negotiations have been ongoing for months; India is reluctant to completely stop enjoying discounts on Russian oil.
• Market Impact: Geopolitical pressures could drive fluctuations in energy prices, affecting the global oil market's supply-demand balance.

High Interest Rates Continue to Suppress U.S. Housing Price Growth

• High mortgage rates led to a stagnation in November's year-on-year housing price growth at 1.4%, with actual prices slightly declining.
• Key Points: 15 out of 20 major cities saw month-on-month declines; growth lagged inflation by 1.3 percentage points.
• Market Impact: A slowing real estate market may suppress consumer spending, indirectly affecting the overall economic recovery pace.

# 2. Market Review

Commodity & Forex Performance

• Spot Gold: Peaked at $5190 per ounce, hitting a historical high, currently reported at $5178 per ounce.
• Spot Silver: Increased by 1.55% to $113.7 per ounce, recording the largest single-day gain.
• WIT Crude Oil: Decreased by 0.02% to $62.38 per barrel, influenced by investor attention on inventory data.
• Dollar Index: Increased by 0.27%, reported at 96.02.

Cryptocurrency Performance

• BTC: Increased by 1.26% to $89,402, rebounding from a low of $87,300 in the short term.
• ETH: Increased by 3.70% to $3,022, supported by technical recovery.
• Total Cryptocurrency Market Cap: Increased by 1.2% to $3.12 trillion, driven by improved sentiment after leveraged liquidations.
• Market Liquidation Situation: Total liquidations of $750 million, with a balanced long-short ratio.

U.S. Stock Index Performance

• Dow Jones: Decreased by 0.83% to 49,003 points, continuously dragged down by healthcare stocks.
• S&P 500: Increased by 0.41% to 6,978 points, setting a new closing record.
• Nasdaq: Increased by 0.91% to 23,817 points, driven by the chip and tech sectors.

Tech Giants Dynamics

• NVIDIA (NVDA): Increased over 1.1%, benefiting from recovering semiconductor demand.
• Apple (AAPL): Increased over 1.12%, supported by product innovation expectations.
• Microsoft (MSFT): Increased over 2.19%, optimistic about cloud service growth.
• Amazon (AMZN): Increased over 2.63%, strong performance in e-commerce and AI business.
• Meta (META): Increased by 0.09%, boosted by optical communication orders.
• Google (GOOGL): Increased by 0.39%, stable search business.
• Tesla (TSLA): Decreased by 0.99%, brand value decline weighs down. Overall rise and fall core reason: Most tech giants benefited from the recovery in chip and AI demand, but Tesla's reputation was damaged by Musk's political influence.

Sector Movement Observation

Semiconductor Sector increased by 1.59%

• Representative stocks: Lam Research (LRCX), increased over 7%; Applied Materials (AMAT), increased over 4%.
• Driving Factors: Recovery in storage demand and optimistic earnings expectations pushed the index to a historical high.

Storage Concept increased by 4.67%

• Representative stocks: Micron Technology (MU), increased by 5.44%; Western Digital (WDC), increased by 4.9%.
• Driving Factors: Seagate and Texas Instruments' earnings exceeded expectations, boosting industry confidence.

Optical Communication Sector increased by 10%

• Representative stocks: Corning (GLW), increased nearly 16%; Lumentum (LITE), increased over 11%.
• Driving Factors: Meta's $6 billion order stimulated, aligning with its capital expenditure plans.

Cryptocurrency Mining Concept increased by 12%

• Representative stocks: IREN Ltd (IREN), increased over 14%; Cipher Mining (CIFR), increased over 13%.
• Driving Factors: Bitcoin price rebound and expectations of mining expansion.

Space Concept increased by 15%

• Representative stocks: Redwire (RDW), increased nearly 30%; BlackSky Technology (BKSY), increased over 10%.
• Driving Factors: EU satellite plans and U.S. defense contracts injecting funds.

# 3. In-Depth Stock Analysis

1. UnitedHealth - Weak Earnings Guidance

Event Overview: UnitedHealth reported Q4 2025 revenue of $113.2 billion, below expectations; adjusted EPS fell 69.02% year-on-year to $2.11. The company forecasts revenue exceeding $439 billion in 2026, but a 2% year-on-year decline, marking the first annual drop since 1989. Meanwhile, the U.S. government proposed to maintain the Medicare payment rate, only increasing by 0.09%, far below the expected 6%. Market Interpretation: Institutional views suggest that high healthcare costs and regulatory pressures continue to drag down profits, with Morgan Stanley lowering its target price, emphasizing that unchanged Medicare rates exacerbate industry uncertainty. Investment Insight: Short-term healthcare stocks are under pressure; investors should pay attention to policy changes; long-term benefits may arise from the aging population trend.

2. Tesla - Brand Value Declines for Three Consecutive Years

Event Overview: A brand finance report shows Tesla's brand value shrank by $15.4 billion in 2025, a 36% decline, marking the third consecutive year of decline. Reasons include a lack of innovative models, electric vehicle pricing higher than competitors, and Musk's political involvement affecting the company's reputation. Market Interpretation: Analysts point out that intensified competition and public backlash weaken brand appeal, with Goldman Sachs maintaining a neutral rating, emphasizing the need to restore innovation focus. Investment Insight: Stock prices are easily influenced by leadership dynamics; it is recommended to wait for new model releases before reassessing.

3. Seagate Technology - Earnings Exceed Expectations

Event Overview: Seagate reported Q2 2026 revenue of $2.83 billion, adjusted EPS of $3.11; Q3 guidance for revenue of $2.8-3.0 billion and EPS of $3.20-3.60, all exceeding expectations. After-hours stock price rose over 7%, boosting the storage sector. Market Interpretation: Wall Street analysts upgraded ratings, with Citigroup stating that strong data center demand supports growth, offsetting macro pressures. Investment Insight: Recovery in storage demand is favorable; suitable for medium-term holding with attention to AI application expansion.

4. Texas Instruments - Earnings Exceed Expectations

Event Overview: Texas Instruments reported Q4 2025 revenue of $4.42 billion, net profit of $1.16 billion, EPS of $1.27; Q1 guidance for revenue of $4.32-4.68 billion and EPS of $1.22-1.48, exceeding analyst expectations. After-hours stock rose over 8%. Market Interpretation: Institutional views are optimistic, with Barclays emphasizing a recovery in industrial and automotive chip demand alleviating inventory concerns. Investment Insight: The semiconductor cycle is upward; investors may consider allocating to related supply chains.

5. ASML - Earnings Announcement Coming Soon

Event Overview: ASML will release its earnings report before the market opens today, with market attention on EUV lithography machine orders and impacts on exports to China. As a key supplier in chip manufacturing, the company has recently benefited from industry recovery. Market Interpretation: Analysts expect revenue growth, with UBS maintaining a buy rating, pointing out that AI demand drives equipment upgrades. Investment Insight: If earnings exceed expectations, it may boost semiconductor stocks; watch for geopolitical risks.

# 4. Cryptocurrency Project Dynamics

1. Hyperliquid HIP-3's trading volume reached a new high of $790 million, driven by commodity trading.

2. Kraken launched the DeFi Earn product, supporting stablecoin interest.

3. OpenMind launched a robot application store, collaborating with global humanoid companies.

4. Tether launched the USA₮ token, expanding its stablecoin product line.

5. BlackRock applies for a Bitcoin premium yield ETF, enhancing institutional participation.

# 5. Today's Market Calendar

Data Release Schedule

Important Event Forecasts

• ASML Earnings: Pre-market - Focus on chip equipment orders and supply chain.
• Tesla, Microsoft, Meta, Lam Research Earnings: After-market - Focus on tech giants' earnings guidance.

Bitget Research Institute Perspective:

U.S. stocks show significant divergence, with the S&P and Nasdaq supported by tech stocks hitting new highs, while the Dow is pressured by the healthcare sector; gold and silver prices surged to record highs, driven by a weak dollar and geopolitical uncertainty. In forex, the dollar index hit a four-year low, and political risks may exacerbate volatility, still recommending a balanced allocation across major asset classes.

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