---
title: "🔥 Market Snapshot:  Metals Crash, AMZN Plunge & $717M Deal | Feb 6, 2026"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000454571.md"
description: "Metals & AMZN crash on a wild Friday. A $717M deal and Nio's profit surprise inside. Share your view & earn Task Coins!"
datetime: "2026-02-06T03:01:04.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000454571.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000454571.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000454571.md)
author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)"
generator: "portal-rs"
---

# 🔥 Market Snapshot:  Metals Crash, AMZN Plunge & $717M Deal | Feb 6, 2026

A brutal Friday sees a flight from last month's winners. The precious metals rally has decisively reversed, a tech giant stumbles on spending fears, while a Chinese deal and a surprise profit alert grab attention.

## 📉 **Hot Topics: Metals Meltdown & M&A**

-   **Precious Metals Rout**: The sell-off intensified after the **CME Group hiked margin requirements for gold and silver futures**. **Year-to-date gains for silver have been completely erased**, with spot prices continuing their fall.
-   **Weight-Loss Drug Price War**: Telehealth firm $Hims & Hers Health(HIMS.US) **launched a generic weight-loss drug for just $49**, applying significant competitive pressure on the sector.
-   **Major M&A**: $MEITUAN(03690.HK) announced plans to acquire grocery delivery firm **Dingdong for $717 million**, consolidating the local commerce sector.

## 📊 **Earnings Digest: A Tale of Extreme Reactions**

-   $Amazon(AMZN.US) **Plunges**: Shares **slid over 11% post-market** after Q4 earnings missed profit estimates. Fears over its **$200 billion annual capital expenditure plan** spooked investors.
-   $NIO Inc(NIO.US) **Surges on Profit Milestone**: The EV maker **rose nearly 6%** after issuing a **Q4 profit alert**, signaling its **first-ever quarterly adjusted operating profit**.
-   $Qualcomm(QCOM.US) **Extends Losses**: Shares **fell another 8%+** on weak Q2 guidance, as its phone chip business faces **ongoing supply chain headwinds**.
-   **Healthcare Slump**: $Novo Nordisk AS(NVO.US) **and** $Eli Lilly(LLY.US) **both dropped over 8%**, weighed down by the new competitive threat from $Hims & Hers Health(HIMS.US).

## 🚀 **IPO & Listings Watch (Hong Kong)**

-   **Listing Today**: $MUYUAN(02714.HK) debuts on the mainboard.
-   **Recent Listings**: $HANS CNC(03200.HK) priced at the top of its range (HK$95.80), while $DISTINCT HEALTH(02677.HK) priced within its range.
-   **Grey Market Activity**: $MONTAGE TECH(06809.HK) sees active grey market trading ahead of its official listing.

### Related Stocks

- [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md)
- [09866.HK](https://longbridge.com/en/quote/09866.HK.md)
- [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md)
- [NIO.US](https://longbridge.com/en/quote/NIO.US.md)
- [HIMS.US](https://longbridge.com/en/quote/HIMS.US.md)
- [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md)
- [ING.US](https://longbridge.com/en/quote/ING.US.md)
- [SPOT.US](https://longbridge.com/en/quote/SPOT.US.md)
- [03690.HK](https://longbridge.com/en/quote/03690.HK.md)
- [HAS.US](https://longbridge.com/en/quote/HAS.US.md)

## Comments (13)

- **Dacai · 2026-02-07T15:43:15.000Z**: I’m surprised to hear about the threat to $Novo Nordisk AS(NVO.US). I thought their drug would be protected by patents.
- **NewUser_CkrdqW  · 2026-02-06T09:00:53.000Z**: Amzn down 10% is not a surprise with all other tech companies also falling greatly after announcing more than expected capex for 2026. US traders taking profits before tax season, people panic selling, institutions force selling to drive down the prices are what's causing this dip in the stock marke
- **LazyCat · 2026-02-06T07:26:22.000Z**: A sharp contrast between overvalued US tech stocks that we priced for perection Vs Chinese NIO that is beaten down and with lowered expectations.
- **RS · 2026-02-06T05:31:40.000Z**: Buy the dip
- **ToHelpAndServeOthers · 2026-02-06T04:59:28.000Z**: It is terrible that silver's entire gains are wiped out. Where did the money go to?
- **Vin1688 · 2026-02-06T04:38:31.000Z**: gd job
- **Fattycat · 2026-02-06T04:37:10.000Z**: Nothing attracts me except, the fall in cryptocurrencies. I didn’t expect such a huge drop. Warren Buffett is probably sleeping soundly lately🤣🤣🤣. He is always a wise man.
- **Heroic Lifesaver · 2026-02-06T03:57:12.000Z · 👍 2**: Time is needed for precious metals to find a bottoming range for this early fourth wave. The parabolic third wave that follows market uncertainty is done IMO. Market is sorting itself out and deciding. Hence the sell off in risk on also. If capital flows back to risk on, it indicates confidence in e
- **Tiffany lover · 2026-02-06T03:24:34.000Z · 👍 1**: $Amazon(AMZN.US) plummeted: After reporting lower-than-expected profits in the fourth quarter, the stock price fell more than 11% in after-hours trading.The high expenditure on AI investments currently appears to be a deep hole.Investors need to consider the impact of this factor on the stock price.
- **Valdimier · 2026-02-06T03:22:02.000Z**: Chance coming
- **Valenxis · 2026-02-06T03:19:07.000Z**: Chance to buy the dip? or is it falling knives?
- **Competitive_Ride · 2026-02-06T03:12:01.000Z**: NIO up on profit alert! Finally!! Holding my bags was worth it
- **NewUser_oDPBc9 · 2026-02-06T03:10:00.000Z**: amzn down 11%, is it a chance?


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**