Pre-Market Intel: IBM Surges, Gold Hits Records, Bitcoin Stuck Below Ninety K

Your essential pre-market briefing for January 29th, 2026. IBM stock rockets 9% after crushing earnings expectations with bookings that nearly doubled estimates-expect a 160-point boost to the Dow. Gold continues its historic tear above five thousand four hundred dollars per ounce while Bitcoin languishes at eighty-seven thousand nine hundred dollars, unable to break through ninety thousand despite macro tailwinds. Southwest Airlines jumps 5% on its assigned seating pivot and upbeat 2026 guidance. The Fed held rates steady yesterday as expected, but oil's surge to four-month highs threatens to keep inflation elevated and rate cuts off the table. We break down what matters for your positions today-from tech earnings momentum to crypto's failure to act as a macro hedge. Visit capitalcopilot.io for real-time market intelligence.