A · Important
[Overview of U.S. stock market pre-market news: AMD said it was "very satisfied" with HBM4; Google cooperated with Unity to launch a next-generation AI gaming platform; the 30-year U.S. bond yield rose above 5.7%] On October 7, the financial news of the U.S. stock market that investors need to focus on is as follows:
1. Futures on the three major U.S. stock indexes fell collectively. Dow Jones futures fell 0.87%, S&P 500 futures fell 0.50%, and Nasdaq 100 futures fell 0.86%.
2. International oil prices both rose. WTI crude oil futures prices rose 0.70% to US$90.064/barrel; Brent crude oil futures prices rose 1.18% to US$101.770/barrel.
3. International gold and silver spot prices plunged in the short term. Spot gold prices fell 2.14% to US$4,074.88 per ounce; spot silver prices fell by 3.83% to US$58.98 per ounce.
4. The three major European stock indexes fell across the board. Britain's FTSE 100 index fell 0.64%, France's CAC40 index fell 1.26%, and Germany's DAX30 index fell 1.36%.
5. AMD CEO Su Zifeng said that AMD is working on optimizing memory under tight supply. It has received strong support from Samsung Electronics and SK Hynix in terms of HBM. AMD is "very satisfied" with HBM4.
6. Musk said that his subsidiaries will independently build and operate Terafab, a terawatt-level chip manufacturing project, ruling out the possibility of TSMC taking over and operating this project.
7. Lambda, a cloud computing startup backed by Nvidia, is raising up to $4 billion in funding, with a pre-money valuation of $14.5 billion. Its AI computing power backlog had grown to US$50 billion by September.
8. Google and Unity have reached a cooperation on a new AI game platform for the next generation of interactive entertainment, and will launch the Unity Spark creation platform later this year.
9. The latest report from Aterio, a data center research institution, shows that Oracle’s 1.3GW data center project “Project Lighthouse” in Wisconsin, USA, faces the risk of power supply delays. Under the baseline scenario, full power supply may be postponed to October 2028, and under the extension scenario, it may be postponed to April 2029.
10. The 2026 Nobel Prize in Chemistry will be awarded to Henri B. Kagan and Kenso Soai for their "discovery of nonlinear effects and autocatalysis in asymmetric organic synthesis."
11. The yield on the 30-year U.S. Treasury bond rose above 5.7%, rising more than 6 basis points during the day and continuing to hit the highest level since 2002.
12. Bank of America strategists said that the attractiveness of U.S. debt has increased, forming "real competition" with U.S. stocks for the first time in decades. The current 10-year U.S. Treasury yield has exceeded 5%, and its team’s valuation framework shows that the return rate of the S&P 500 Index in the next 10 years may not reach this level.
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