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Market Watch: Gold Soars as Tech Stocks Face Headwinds

Market Watch: Gold Soars as Tech Stocks Face Headwinds

Author:

Global Cryptocurrency

Published:

2026-01-23 15:51:02

19

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BTCCSquare news:

Stock futures edged lower as markets brace for another volatile session, with the S&P 500 poised for its first back-to-back weekly decline since June. Gold continues its historic rally, touching $4,970 per ounce as investors seek SAFE havens.

Intel shares tumble following disappointing Q1 guidance, signaling potential weakness in the semiconductor sector. Meanwhile, TikTok secures a deal to maintain U.S. operations, while Capital One makes a $5 billion fintech play with Brex acquisition.

Amazon prepares another round of layoffs, adding to last year's 14,000 job cuts. The tech giant's MOVE reflects ongoing sector-wide cost optimization despite the AI boom.

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