Bitget US Stock Daily | US Stocks Mixed with Tech Rebound; Fed Signals Cautious Rate Path; CES Kicks Off (2026-01-05)

I. Hot News Highlights

Federal Reserve Updates

Fed Officials Indicate Possible Rate Adjustments Later in 2026 Amid Mild Economic Conditions

• Philadelphia Fed President Patrick Harker expects inflation to continue moderating, labor market to stabilize, and full-year GDP growth around 2%.
• Any additional rate cuts will depend on sustained favorable economic data.
• Market impact: The comments may reinforce expectations of a gradual easing cycle, supporting moderate equity gains, though unexpected data releases could heighten volatility.

International Commodities

U.S. Military Action in Venezuela Sparks Geopolitical Tension, Pressuring Oil & Boosting Gold

• U.S. forces conducted an airstrike capturing Maduro and his wife, planning to oversee Venezuela until a secure transition, with a focus on the oil sector.
• Trump issued strong warnings to the interim president, hinting at potential broader foreign interventions.
• Market impact: Escalating geopolitical risk is driving safe-haven demand for gold in the short term, while oil faces volatility due to supply concerns; investors should monitor OPEC+ reactions.

Macroeconomic Policy

Goldman Sachs Outlines 10 Key Investment Themes for 2026: AI Power, New Drug Innovation & China Rebound

• AI infrastructure investment enters a new phase; traditional giants stabilize while emerging players like Broadcom stand out.
• Obesity drug market shifts toward cardiovascular indications; China’s growth expected to exceed consensus, driven by tech exports.
• Market impact: These themes may guide capital flows into technology and emerging markets, but Fed policy uncertainty and tariff rulings will dominate sentiment in the first half.

II. US Stock Market Recap

Index Performance

• Dow Jones: +0.66%, continuing strong start to the new year.
• S&P 500: +0.19%, lifted by rebound in China-related stocks.
• Nasdaq: -0.03%, held back by pullback in select mega-cap tech names.

Magnificent Seven Performance

• NVIDIA: +1.26% (CES expectations provide support)
• Apple: -0.31% (facing some profit-taking pressure)
• Alphabet (GOOGL): +0.69% (stable search business anchors performance)
• Microsoft: -2.21% (cloud competition intensifies)
• Amazon: -1.87% (e-commerce sector under pressure)
• Meta: -1.47% (AI strategy concerns weigh)
• Tesla: -2.59% (delivery miss weighs on sentiment) Overall, the group showed divergence: China-related and thematic strength provided support, while high valuations triggered some profit-taking.

Sector Standouts

China Concept Stocks +4.38%

• Key movers: Baidu +15.03%, Alibaba +6.25%
• Driver: Strong new-year sentiment and renewed investor optimism.

Memory Chip Sector average +8%+

• Key movers: Micron Technology +10.51%, Western Digital +8.96%
• Driver: Demand recovery expectations combined with supply-chain improvements.

AI Energy & Nuclear significant gains

• Key movers: Bloom Energy +13.58%, NuScale Power +15.17%
• Driver: Policy tailwinds for energy transition and expanding tech applications.

Crypto & Solar both strong

• Key movers: Riot Platforms +11.76%, SolarEdge Technologies +8%
• Driver: Safe-haven flows and anticipated green energy subsidies.

III. In-Depth Single-Stock Analysis

1. Tesla – Q4 Deliveries Miss Expectations

Event Summary: Tesla reported 418,200 vehicle deliveries in Q4 2025 and 1.636 million for the full year, with production of 434,400 and 1.655 million respectively. The figures fell short of consensus, causing Tesla to lose its position as the world’s top EV seller to BYD. Annual deliveries declined year-over-year, reflecting supply-chain challenges and intensifying competition. Market View: Analysts cite demand saturation and price wars; Goldman Sachs and others lowered price targets, while Morgan Stanley maintained Buy, highlighting Cybertruck potential. Investment Insight: Near-term pressure likely persists; focus on Q1 guidance. Long-term EV penetration trend remains supportive.

2. Berkshire Hathaway – Buffett Officially Retires

Event Summary: Legendary investor Warren Buffett stepped down as CEO of Berkshire Hathaway after 60 years. Since 1965, the company delivered ~6.1 million percent total shareholder return vs. ~46,000% for the S&P 500. The transition marks the end of an era, but the company’s diversified business model (insurance, railroads, etc.) remains robust. Market View: Barclays and others view the handover as smooth; successor Greg Abel has extensive experience. Concerns about losing Buffett’s influence exist, but diversification is seen as a strength. Investment Insight: Limited short-term volatility expected. Value investors may view this as a buying opportunity focused on long-term compounding.

3. Meta – LeCun’s Post-Exit Allegations of Model Cheating

Event Summary: One month after leaving Meta, AI pioneer Yann LeCun claimed Llama 4 was benchmarked with different versions to inflate scores. New CEO Alexandr Wang lacks research experience, internal communication has been strained, and Zuckerberg’s push for rapid AI deployment has exacerbated issues. Market View: Goldman Sachs notes potential AI ethics risks but emphasizes Meta’s resource strength; JPMorgan downgraded the stock citing increased competition. Investment Insight: Regulatory scrutiny may increase; monitor product updates. Short-term caution warranted, but long-term social platform stickiness remains attractive.

4. NVIDIA – CES 2026 Focus Shifts to Industrial AI & Robotics

Event Summary: At CES 2026, NVIDIA pivots toward industrial AI and robotics, while AMD and Intel emphasize PC upgrades. The show highlights humanoid robots, AI vehicles, and fierce competition among Chinese, American, and Korean players. NVIDIA remains the centerpiece with expected new hardware announcements. Market View: UBS and others remain bullish on AI infrastructure demand and raised price targets; some warn of valuation froth, but consensus favors continued growth. Investment Insight: CES could act as a near-term catalyst. Track new product launches; diversified applications strengthen its industry leadership.

IV. Today’s Market Calendar

Key Data Releases

Major Events to Watch

• CES 2026 Opening (Jan 4–9) – Focus on chip giants’ new products and industrial AI trends.
• Maduro’s First Court Appearance (midday, New York) – Monitor geopolitical impact on oil and gold.

Bitget Research View

We maintain a generally optimistic outlook on the 2026 US stock market, anticipating continued upward momentum for the S&P 500 index amid robust global economic growth, driven by AI infrastructure expansion and the Federal Reserve's accommodative policies. While geopolitical tensions, such as the Venezuela incident, are elevating safe-haven assets, we believe technology and energy transition themes will dominate the narrative. Remain vigilant regarding tariff policy risks and potential Fed chair transitions. Overall, we recommend allocating to AI-related assets, steering clear of cyclical-sensitive sectors, and capitalizing on structural opportunities.

Disclaimer: The above content is compiled by AI search and only manually verified for release. It is not intended as any investment advice.