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BlockBeats News, January 28, according to Bitget market data, spot gold broke through $5240 per ounce, up 1.18% intraday. Spot silver rose 2% intraday, now trading at $114.60 per ounce.

Glonghui, January 28｜Bank of America Securities released a research report, lowering Amazon's target price from $303 to $286, mainly reflecting the general pressure on valuations in the Software as a Service (SaaS) sector. However, the bank reiterated its "Buy" rating on Amazon, believing that the growth of its cloud computing business (AWS) is expected to accelerate, and together with improved sentiment in the artificial intelligence (AI) market, will drive an upward revaluation of the company. The bank expects Amazon's fourth-quarter results, to be announced on February 5, to exceed market expectations, forecasting revenue of $213 billion and EBIT of $26 billion, both higher than the market consensus of $211 billion and $24.6 billion, respectively. Among them, AWS revenue is expected to grow 22% year-on-year, further accelerating from the 20% growth in the third quarter and exceeding the market expectation of 21%. The bank pointed out that AWS's capacity continues to increase, and the CEO recently revealed in an interview that demand still exceeds supply, which helps support business growth and pricing power. The report noted that Amazon's stock price underperformed the market in 2025, mainly reflecting concerns about its AI strategy and cloud business growth. However, as AWS's capacity situation improves in 2026 and several large AI companies are expected to go public in the next two years, this will provide a more favorable reference for AWS's valuation and is expected to drive a rebound in Amazon's overall valuation.

PANews, January 28 — According to Cointelegraph, social NFT platform Rodeo has announced it will gradually shut down, becoming the second NFT platform this week to announce its closure. The platform was launched last March through the Apple iOS store, focusing on a social-centric NFT collecting experience. The platform's co-founder and CEO stated that although the product was well-received by its core community, it failed to achieve the scale of growth needed for sustainable operations, and therefore cannot continue. Between January 27 and February 10, the platform will continue to operate normally, after which it will switch to read-only mode and will be fully closed on March 10. Rodeo has developed a migration plan for user assets and data, including support for transferring media and metadata to the storage platform Arweave, and will provide an asset migration assistant to guide users in withdrawing assets from the platform's smart contracts.