【Financial Breakfast | February 4, 2026】

1. Anthropic's new tool triggered a sell-off in software stocks, with the Nasdaq closing down 1.4%; bargain buying drove a strong rebound in gold and silver, with spot gold briefly returning above $5000, and spot silver rising over 7%.

2. The U.S. House of Representatives approved a government funding bill that will end the partial shutdown.

3. U.S. stocks erupted in AI panic! Anthropic's new tool triggered a sell-off in software stocks, with Reuters reporting a drop of over 20% at one point. Private equity giant Apollo warned: "Software is dead," as AI reshapes the valuation logic of $440 billion.

4. The Central Government and the State Council issued opinions on anchoring agricultural and rural modernization and solidly promoting comprehensive rural revitalization.

5. The China Nonferrous Metals Industry Association: Research to include "copper concentrate" in the national reserves.

6. Tax rumors "suddenly" hit Hong Kong stocks! Institutions interpret: excessive extrapolation, very low credibility.

7. Federal Reserve Governor Milan: This year, we need to cut interest rates by more than 100 basis points, looking forward to how Waller performs next.

8. Reports say an Iranian gunboat approached a U.S.-flagged tanker, and a U.S. drone near a U.S. aircraft carrier was shot down, causing crude oil to surge.

9. AMD's Q4 data center revenue surged nearly 40% to a record, but Q1 revenue guidance was not explosive enough, leading to a drop of over 7% in after-hours trading.

10. NVIDIA's Jensen Huang denied rumors of a deal change with OpenAI: Everything is progressing as planned.

11. Novo Nordisk expects sales to drop 13% in 2026, a larger-than-expected decline, with U.S. stocks falling over 10% during the day.

12. Reminder: The U.S. January ADP employment report and January ISM non-manufacturing index will be released on Wednesday.