Kim Kahn

Federal Reserve has spooked investors, driving flows into precious metals even after last year's exceptionally strong performance, ING analyst said.

Investors are favoring gold and silver over currencies and government bonds amid rising U.S.

debt levels and heightened policy unpredictability, ING said in a note.

Wedbush said the Greenland tariff battle of words will cause market weakness, but added that it provides the opportunity to buy tech winners.

Analyst Dan Ives said, being here in Davos this week on the ground, the tariff scuffle is clearly an overhang on the conference as Trump gets here tomorrow to speak to tech leaders and various world leaders.

Our view is just like over the last year.

The bark will be worse than the bite on this issue and tariff threats as negotiations take place and tensions ultimately calm down between Trump and EU leaders.

And in other news of note, OpenAI appears to be on track to show off its highly anticipated artificial intelligence-focused device later this year.

Speaking at the World Economic Forum, OpenAI's Chief Global Affairs Officer, Chris Lehane, discussed the timeline with Axios, noting that the device is one of the company's big attractions for the year.

Though not much is known about the product, Joni Ive and OpenAI CEO Sam Altman previewed the device in May with employees.

One of the products OpenAI has spoken with manufacturing partners about resembles a smart speaker without a display.

Other form factors under consideration include glasses, a digital voice recorder, and a wearable pin.

Lehane also told Axios that he would have more to say on the matter much later in the year, and that the company is looking at something in the latter part of 2026.

And a heads up for all our listeners on the investing front, you'll want to join us for one of the most insightful events of the year, our Top Ideas 2026 Investing Forum.

That's on January 27th, between noon and 3pm ET.

Register and you'll get to hear from some of Seeking Alpha's leading investment group analysts, Samuel Smith, Steve Bavaria, Andres Cardinal, and Beth Kinding, and gain access to top stock ideas and strategies for the year ahead.

I'll put the link for registration in the show notes.

That's all for today's Wall Street Lunch.

Look for links for stories in the show notes section.

Don't forget, these episodes will be up with transcriptions at seekingalpha.com.