10 THINGS INVESTORS NEED TO KNOW TODAY Wednesday, February 4, 2026 1. NVIDIA China Sales Stalled by US Security Review NVIDIA's AI chip sales to China are reportedly blocked by a US security review. Chinese customers are meanwhile not placing H200 chip orders... NQ underperforming this morning. 2. AMD Beats But NQ Still Weak Q4 EPS $1.53 vs $1.32 exp, revenue $10.3B vs $9.67B exp. Q1 guidance $9.8B vs $9.42B exp. Despite the beat, tech remains under pressure. 3. Gold Reclaims $5,000/oz Spot gold continues rebounding, breaking back above the $5K handle and peaking at $5,092/oz. Silver briefly topped $90/oz before pulling back. 4. Government Shutdown Ended Trump signed the $1.2T spending bill overnight. House passed 217-214. Labor Dept says all agencies resume normal operations today — NFP likely released next week. 5. US Shoots Down Iranian Drone US shot down an Iranian surveillance drone approaching USS Abraham Lincoln. Crude spiked to $64.16 (WTI) before retracing to $63. Trump says "more than one meeting" with Iran ongoing. 6. Novo Nordisk Crashes 17.6% Strong headline metrics but 2026 guidance disappointed. Dragging European healthcare sector lower. 7. JPY Continues to Weaken USD/JPY topped 156.59 as markets price in LDP landslide victory Sunday. BoJ sources say they won't rescue a Takaichi-driven bond rout. 8. Key Data Today ADP Employment (exp. 48K vs 41K prior), ISM Services (exp. 53.5 vs 54.4), Treasury Refunding Announcement. Fed's Cook speaks. 9. Nintendo Crashes Double-Digits Disappointing earnings results sent shares plunging, weighing on Nikkei at the open. 10. ECB Tomorrow... Expected to Hold ECB meets Thursday, expected to keep deposit rate steady at 2.00%. EZ inflation cooled to 1.7% Y/Y, core at 2.2%.