On February 4, 2025, the US stock market opened with mixed performance. The Dow Jones Industrial Average fell by 0.13%, the NASDAQ Composite rose by 0.10%, and the S&P 500 decreased by 0.05%.

In terms of industry sectors, the WSB concept stocks saw significant gains, with notable increases in stocks such as GameStop and AMC Entertainment. Meme stocks also experienced a rise, with GameStop and AMC Entertainment among the top performers. Hot Chinese concept stocks showed a strong pre-market performance, with JD.com rising by 4.60%, Alibaba increasing by 1.36%, and XPeng Inc. surging by 7.27%. The silver mining sector also saw gains, with Pan American Silver up by 1.63%.

Apple faced a decline of 0.59%. The company may face challenges in raising iPhone prices due to potential tariffs. Previously exempt from tariffs on goods made in China, Apple might not be as fortunate this time, which could significantly impact its business and consumer demand.

NVIDIA rose by 0.26% despite facing market sell-off pressures. Morgan Stanley downgraded its GB200 shipment forecast for 2025, potentially affecting the supply chain market by $30 billion to $35 billion. This downgrade could impact NVIDIA's performance in the cloud computing market.

Alphabet increased by 1.02%. The company is under scrutiny for its spending in artificial intelligence as Google Cloud's growth slows. Investors are concerned about the large-scale AI spending and potential revenue growth slowdown in Google's advertising and cloud computing businesses.

Palantir Technologies Inc. surged by 21.42%. Several financial institutions have adjusted their price targets for Palantir, with Mizuho raising its target to $80 from $44 but maintaining an underperform rating. This suggests a positive outlook on the stock's potential value despite expectations of underperformance compared to other investments.

JD.com rose by 4.60%. Hot Chinese concept stocks showed strong pre-market performance, with JD.com among the top gainers, reflecting positive investor sentiment.