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Market Overview - The three major U.S. stock indices declined on October 7, with the Dow Jones down 0.17%, S&P 500 down 0.12%, and Nasdaq down 0.10% [1] Company Highlights - AMD's stock surged over 5% after Morgan Stanley raised its target price from $168 to $246. AMD announced a partnership with OpenAI to deploy a total of 6 gigawatts (GW) of AMD GPU computing power, which is expected to generate significant revenue starting next year, potentially exceeding $100 billion in AI business revenue [3] - Trilogy Metals' stock skyrocketed over 200% following the Trump administration's approval of the Ambler Road Project in Alaska. The White House announced a $36.5 million investment in Trilogy Metals for a 10% stake in the company [5] Chinese Stocks - The China Golden Dragon Index fell over 1%, with several popular Chinese stocks declining. Notable declines included Niu Technologies down over 7%, NIO down 2.55%, and Miniso down 2.38% [7][8] Cryptocurrency Market - Bitcoin experienced a drop of over 1.5%, with many cryptocurrencies also declining. In the past 24 hours, nearly 140,000 traders faced liquidation [11][12] - Bitcoin had previously surged, reaching approximately $126,199 on October 6 [13] Gold Market - Gold prices continued to rise, with spot gold reaching $3,990 per ounce, marking a historical high. COMEX gold futures also surpassed $4,000 per ounce [14] - Investment institutions remain optimistic about gold prices, with Goldman Sachs raising its 2026 gold price forecast to $4,900 per ounce from $4,300, and UBS predicting a rise to $4,200 per ounce by mid-2026 [16]