Stock Market News·2026-01-20 05:30Group 1: Commodity Market - Gold prices have surged to a historic high of $4,700 per ounce, driven by a flight to safety amid global uncertainties, with a notable increase of more than 1% on Monday following new tariffs announced by President Trump [3][7]. Group 2: Telecommunications Sector - CK Hutchison is reportedly in discussions to divest its Irish mobile operations to Liberty Global, which could lead to significant consolidation in the Irish telecommunications market [4][7]. Group 3: Technology Sector - ByteDance is intensifying competition with Alibaba in the AI cloud market, with its Volcano Engine holding a 14.8% market share compared to Alibaba Cloud's 35.8%, indicating a growing battle for dominance in this sector [5][7]. - Analyst firms have adjusted price targets for major tech companies, with TD Cowen lowering Microsoft's target from $655 to $625 and Baird increasing Alphabet's target from $310 to $350, reflecting changing expectations for these firms [7][8]. Group 4: Political and Economic Developments - Former President Trump announced a substantial 200% tariff on French wine and champagne, which may escalate trade tensions, and highlighted the importance of Greenland in upcoming discussions at the Davos summit [6][7].