Global Markets: U.S. Major Indices Close Higher, Dow Continues to Hit Record Highs, AI Applications and Precious Metals Sectors Lead Gains

U.S. Stock Market: The three major U.S. stock indices closed higher on February 9th. The Dow Jones Industrial Average continued to reach new all-time highs. At the close, the Dow rose 20.2 points to 50,135.87, an increase of 0.04%; the S&P 500 gained 32.52 points to 6,964.82, up 0.47%; and the Nasdaq Composite increased by 207.46 points to 23,238.67, up 0.9%.

Most large-cap technology stocks rose, with Oracle up over 9%, Microsoft and Broadcom up over 3%, Nvidia and Meta up over 2%, Tesla and TSMC up over 1%. Micron Technology fell nearly 3%, and Apple declined over 1%.

In earnings reports, ON Semiconductor reported Q4 revenue of $1.53 billion, in line with analyst expectations. For the first quarter, revenue is expected to be between $1.44 billion and $1.54 billion, with analysts expecting $1.51 billion. After hours, ON Semiconductor briefly fell 8%. Credo, a fiber optic communications company, surged 15% after hours, with new revenue guidance significantly exceeding previous estimates.

AI applications and precious metals sectors led gains. Vista Gold surged over 14%, Applovin increased over 13%, Unity rose over 9%, Pan American Silver gained over 6%, Alcoa, Royal Gold, and Palantir each rose over 5%, and Southern Copper increased over 4%. Department stores and insurance brokers declined; Macy’s and Kohl’s fell over 5%, and The Hartford dropped over 2%.

Popular Chinese concept stocks showed mixed performance. The Nasdaq Golden Dragon China Index rose 0.12%. China internet stocks such as Century Internet gained over 5%, Xiaoma Zhixing increased over 3%; Bilibili fell over 2%, NIO declined nearly 3%, and Li Auto dropped over 3%.

European Markets: The three major European stock indices all rose on February 9th. The UK FTSE 100 closed at 10,386.23 points, up 16.48 points or 0.16%. France’s CAC 40 closed at 8,323.28 points, up 49.44 points or 0.6%. Germany’s DAX closed at 25,014.87 points, up 293.41 points or 1.19%.

Commodity Markets: International oil prices rose on February 9th. By the close, NYMEX WTI crude oil futures for the current month increased by $0.87 to $64.42 per barrel, up 1.37%. COMEX gold futures for the current month rose by $104.40, a 2.10% increase, to $5,084.20 per ounce. COMEX silver futures for the current month increased by $6.16, an 8.00% rise, to $83.05 per ounce. Spot gold rose $97.72, up 1.97%, to $5,058.87 per ounce. Spot silver increased by $5.28, a 6.77% rise, to $83.30 per ounce.

Overnight Headlines

OpenAI Aims for $100 Billion in Funding; Altman Says ChatGPT’s Monthly Growth Reaches Over 10%

Amid increasing competition, OpenAI CEO Sam Altman told employees and investors that the company is maintaining strong growth momentum. According to internal Slack messages seen by the media, Altman told OpenAI staff last Friday that the company’s popular AI chatbot ChatGPT’s “monthly growth rate has now exceeded 10% again.” He also mentioned that OpenAI is preparing to launch an “upgraded chat model” this week.

Google Plans to Issue $20 Billion in Bonds to Boost AI Investment

According to reports, Google’s parent company Alphabet plans to raise $20 billion through its dollar bond issuance, higher than the initially expected $15 billion. Sources familiar with the matter said that Alphabet’s dollar bond issuance on Monday attracted over $100 billion in orders, with the bonds divided into up to seven maturity tranches. The longest tranche—bonds maturing in 2066—are priced with a spread 0.95 percentage points above U.S. Treasuries.

Gulman Reveals Apple’s New Product Launch Wave: iPhone 17e, New iPad to Target Emerging Markets

Renowned Apple leaker Mark Gurman posted that in the coming weeks, Apple will launch a series of new products, including the iPhone 17e, an upgraded iPad, and a new Mac.

FDA Criticizes Novo Nordisk’s Oral Weight Loss Drug Ad for Misleading Claims

The U.S. Food and Drug Administration (FDA) stated that a TV advertisement for Danish pharmaceutical company Novo Nordisk’s oral weight loss drug involved “false or misleading” advertising. Novo Nordisk produces semaglutide, which, along with Eli Lilly’s tirzepatide, are GLP-1-based weight loss medications.

SpaceX Shifts Focus! Musk Says Building a Moon City Within 10 Years

On February 8th, Elon Musk announced that SpaceX has shifted its focus to building a self-expanding city on the Moon, “because we expect to achieve this within less than 10 years, whereas Mars will take over 20 years.” Musk explained that Mars is only accessible during a planetary alignment window every 26 months (with a one-way trip taking 6 months), while the Moon can be reached with launches every 10 days (with a one-way trip of only 2 days). This means the development speed for lunar cities will be much faster than for Mars.

Databricks Completes $5 Billion Funding Round; Valuation Rises to $134 Billion

On Monday, data analytics and AI software company Databricks announced it raised $5 billion in its latest funding round, along with an additional $2 billion in debt financing, valuing the company at $134 billion—up 34% from its valuation last summer.

U.S. Energy Secretary Plans to Visit Venezuela; Says Overthrowing Maduro Is Not About Oil

U.S. Energy Secretary Chris Wray recently stated he will visit Venezuela soon to meet with its leadership and discuss the future of the state oil company. However, he emphasized that the U.S. government’s interest in this resource-rich country is not about oil. Wray claimed that overthrowing former leader Maduro “is not about increasing oil supplies,” and Venezuela’s massive oil reserves “have never been a key factor in decision-making.”

Turkish Foreign Minister: U.S. and Iran Are Both “Sincere Negotiators” and “Delaying”

On February 9th, Turkish Foreign Minister Mevlüt Çavuşoğlu told local media that Turkey’s mediation efforts regarding Iran’s nuclear issue and U.S.-Iran tensions include ongoing negotiations. Çavuşoğlu confirmed he had spoken with Iranian Foreign Minister Amir Abdollahian and noted that despite regional complexities, both sides are willing to continue negotiations.

Disclaimer: This content is generated by AI and is for informational purposes only. It does not constitute investment advice. Use at your own risk. Eastmoney publishes this content to disseminate more information and does not represent the platform’s stance. While Eastmoney strives for accuracy, it does not guarantee the completeness or correctness of the data. For any discrepancies, please refer to the official disclosures of listed companies as designated by the China Securities Regulatory Commission. Eastmoney is not responsible for any gains or losses resulting from the use of this information. Users assume all risks when using the service, and Eastmoney makes no guarantees of any kind.