A · Important
[Overnight global news you need to know on Saturday: The Nasdaq fell more than 2% and popular technology stocks generally fell; Huang Renxun said that the AI market shock "all this will pass"; technology reporter Gurman said Apple launched the iPhone Duo too early]
1. The three major U.S. stock indexes collectively closed down. The Dow Jones Industrial Average fell 0.34%, the Nasdaq Composite fell 2.14%, and the S&P 500 Index fell 1.09%. Popular technology stocks generally fell. The Storage Concept Index fell 6.28%. The Philadelphia Semiconductor Index fell 3.83%, marking the eighth consecutive trading day of declines. SanDisk, Western Digital, and SK Hynix fell more than 6%.
2. Jen-Hsun Huang talks about the shock in the AI market: “This will all pass.” Huang expressed optimism, saying the benefits of the technology would soon allay investor concerns.
3. Technology reporter Gurman said that Apple apparently launched the iPhone Duo prematurely due to limited supply, just to make it available earlier. He believes that Apple knew that reasonable supply would not be available until November at the earliest.
4. Morgan Stanley said that in 2027, the scale of new computing power in the data centers of hyperscale cloud vendors (Hyperscalers) and emerging clouds (neocloud) will surge by 48% year-on-year, reaching 32 GW.
5. U.S. President Trump said in an interview at the White House on the 15th that the United States may launch another attack on Iran’s nuclear facilities, including the underground nuclear facility in Haoshan.
6. According to the U.S. Department of the Treasury, the U.S. budget deficit in September was US$26.9 billion, the fiscal deficit in fiscal year 2026 will be US$1.99 trillion, and the fiscal deficit in fiscal year 2025 will be US$1.78 trillion.
7. U.S. bank deposits increased to $19.771 trillion from $19.694 trillion in the previous week.
8. According to multiple US media reports on the 16th, Katie Zakaria, who took office less than a week ago, will no longer serve as White House press secretary.
9. Lawmakers on Capitol Hill in the United States have proposed legislation that would block President Trump’s Russian diesel deal.
10. According to a document, the United States will provide up to 17 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). Crude oil will be provided through a swap program, in which participants borrow crude oil first and return it at a later date, with delivery times from November to January next year.
11. On the evening of the 16th local time, a huge explosion was heard in Aden, Yemen, and it was suspected that it was attacked by a missile from the Houthi armed forces.
12. Standard & Poor's confirmed the Netherlands' "AAA/A-1+" rating with a stable outlook; it raised Egypt's rating to B3.
13. According to people familiar with the matter, SoftBank Group is considering acquiring Allied Universal, the largest security services company in the United States, and founder Masayoshi Son is exploring ways to implement AI-driven robots across the industry.
14. The settlement price of WTI crude oil futures was US$101.41 per barrel, an increase of US$3.44, or 3.51%. Brent crude oil futures settled at $109.86 per barrel, up $3.94, or 3.72%.
15. COMEX gold futures closed up 0.4% at US$4,186.7 per ounce; COMEX silver futures fell by 0.04% at US$57.135 per ounce.
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