Mei Ri Jing Ji Xin Wen·2026-02-05 10:29Market Overview - Major U.S. stock index futures are down, with Dow futures falling by 0.27%, S&P 500 futures down by 0.10%, and Nasdaq futures decreasing by 0.05% [1] Storage Sector - The storage sector saw a pre-market rebound, with Micron Technology rising over 2% after a previous drop of over 9%, SanDisk increasing nearly 3% following a nearly 16% decline, and Seagate Technology up by 1% after a nearly 6% drop [1] Semiconductor and Chip Equipment Stocks - Semiconductor and chip equipment stocks experienced a pre-market increase, with Broadcom rising nearly 6%, and both AMD and NVIDIA increasing by over 2%. Alphabet, Google's parent company, indicated that its capital expenditures could double by 2026 [1] AI Application Software Stocks - AI application software stocks collectively rebounded in pre-market trading, with Applovin rising over 3%, Unity increasing nearly 1%, Roblox up by over 1%, and SAP SE rising nearly 2% [1] Chinese Concept Stocks - Chinese concept stocks saw a general increase in pre-market trading, with Baidu rising by 4.6%, Alibaba up by 2.7%, Pinduoduo increasing by 0.7%, and NetEase rising by 0.9% [1] Software Industry Performance - The U.S. software industry has seen a market capitalization decline of $1 trillion since 2026, with hedge funds profiting $24 billion from short-selling activities [2] Qualcomm's Earnings Guidance - Qualcomm's stock fell over 11% after reporting better-than-expected earnings for Q1 of fiscal year 2026, but provided a revenue forecast for Q2 between $10.2 billion and $11 billion, which was below expectations [2] AMD's Market Guidance - Citigroup reported that AMD's Q1 guidance exceeded market expectations but did not meet buyer expectations, maintaining a "neutral" rating on the stock [2] Alphabet's Collaboration with Apple - Alphabet's CEO Sundar Pichai announced a collaboration with Apple to develop the next generation of Apple's foundational model based on Gemini technology, positioning Alphabet as Apple's preferred cloud service provider [3]