1/26 US stock market review, the busiest week for US stocks begins?!

This week is one of the busiest for U.S. stocks, with 102 companies in the S&P 500 set to report earnings, including tech giants like Apple, Meta, Tesla, and Microsoft.

Due to geopolitical risks, the U.S. budget deadlock (with the government facing a shutdown risk), and concerns over a dollar credit crisis, funds are flooding into the precious metals market, driving gold prices higher toward the $5,700 target, while silver prices have seen extreme volatility, surging intraday before retreating.

Trump has threatened to impose tariffs on Canadian goods if Canada reaches a trade deal with China.

The New York Fed has begun inquiring about the yen exchange rate, with the U.S. potentially intervening to prevent Japan from selling U.S. bonds and to maintain bond market stability.

$Microsoft(MSFT.US) has unveiled its self-developed second-generation AI chip, Maia 200, and the software toolkit Triton, aiming to reduce reliance on Nvidia. While its performance is slightly inferior to Nvidia's latest chips, it is considered stronger than Google's TPU and Amazon's chips.

$NVIDIA(NVDA.US) faces stock price volatility due to Microsoft's in-house chips and this week's tech sector capital expenditure guidance.

$Apple(AAPL.US) rebounded after consecutive declines. Despite concerns over rising memory prices and rumors of Tim Cook's possible retirement, institutions like Goldman Sachs have raised their target prices.

$Coreweave(CRWV.US) has received an additional $2 billion investment from Nvidia to support its computing power expansion, but the company is heavily indebted, raising concerns about "circular trading" risks.

$Unitedhealth(UNH.US) faces pressure in the health insurance sector after Trump proposed capping insurers' price hikes next year, sparking concerns over profitability.

The market is behaving oddly—while strong U.S. economic data is driving stocks higher, funds are showing extreme risk aversion, shifting to commodities. This is a "Trump market," with close attention on this week's earnings guidance from tech giants.