Market Overview - On February 5, U.S. stock indices opened lower, with the Nasdaq down 1.58%, the Dow down 0.5%, and the S&P 500 down 1.04%. Over 3,000 individual stocks declined [1] - The Nasdaq China Golden Dragon Index rose by 0.58%, closing at 7504.59 points [4][5] Company-Specific Developments - Google shares fell over 6% due to concerns over high capital expenditure guidance [1] - NIO's stock increased by over 7% as the company reported its first quarterly adjusted operating profit [1] - Qualcomm's shares dropped over 10% following a weak Q2 earnings guidance [1] - Coupang, a South Korean e-commerce giant, saw its stock decline by over 9% after confirming a data breach affecting 165,000 users [1] - Estée Lauder's stock plummeted 18% due to increased marketing costs and lower-than-expected earnings guidance for the year [1] - Cryptocurrency-related stocks also fell, with Strategy down over 7%, Coinbase down over 4%, and Circle down over 2% [4] Commodity Market - Gold prices fell significantly, with spot gold down 3.16% at $4811.27 per ounce, and silver down over 16% at $73.695 per ounce [7] - Morgan Stanley predicts that gold prices could rise to $6300 per ounce by the end of 2026, driven by strong demand from central banks and investors [9] - Brent crude oil prices decreased by 2.97% to $67.40 per barrel, while WTI crude oil fell to $63.17 per barrel, down 3.02% [9] Employment Trends - In January, U.S. companies announced a significant increase in layoffs, with a total of 108,435 job cuts, marking a 118% year-over-year increase and the highest for January since 2009 [11]