The Rundown Intel Fumbles the AI Boom, TikTok Finalizes US Deal
14 snips
Jan 23, 2026 Global investors quietly shifting away from U.S. assets, boosting gold and emerging markets. Intel admits it is behind on AI data-center demand, prompting questions about its turnaround. A major restructuring keeps TikTok operating in the U.S. with new ownership and algorithm oversight. Natural gas prices jump as a winter storm threatens heating demand. Capital One moves to acquire Brex while live sports continue to draw huge TV audiences.
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International Investors Quietly Exit U.S. Assets
- Global investors are quietly shifting away from U.S. assets into gold and emerging markets.
- Emerging market stocks are up 7% YTD versus about 1% for the S&P 500, signaling early outperformance.
The 'Taco Trade' Reaction
- Markets rallied when President Trump walked back tariff threats on European countries regarding Greenland.
- Zaid notes this 'taco trade' pattern repeats: threats spook markets, then retractions spark rallies.
Intel Missed The AI Demand Wave
- Intel admitted it underestimated AI data-center demand and left revenue on the table due to limited manufacturing capacity.
- The company swung to a Q4 loss and expects deeper near-term losses while ramping new chip production.