A[Overnight global news you need to know on Wednesday: The United States launched a new round of attacks on Iran, and explosions occurred in many places in Iran; Iran used heavy missiles to attack US military camps in Jordan; international oil prices soared]
US-Iran conflict
1. The U.S. Central Command issued a message saying that at 12 noon on September 1st, Eastern Time, the U.S. military began to attack Islamic Revolutionary Guard Corps targets in Iran in response to the Revolutionary Guards’ recent attempts to attack commercial shipping in the Strait of Hormuz and U.S. troops in the region.
2. Iran’s Islamic Revolutionary Guard Corps issued a statement stating that it launched a heavy ballistic missile at the U.S. Marine Corps camp on the Gulf of Aqaba coast of Jordan, “destroying several important facilities and enemy attack helicopters and causing a large number of U.S. military casualties.”
3. According to reports from Iran's Fars News Agency, explosions were heard in Konark, Chabahar and other places in southeastern Iran; explosions were heard from Asaluye Port, an important energy hub.
4. Iran claimed that a U.S. MQ-9 drone was shot down by Iran’s new defense system over Khomein.
5. U.S. President Trump said that Iran will be hit harder if it retaliates.
6. The U.S. Central Command stated that the U.S. military has rerouted 84 commercial ships to ensure that they comply with the U.S. naval blockade imposed on Iran.
Global News
1. The three major U.S. stock indexes collectively closed down, with the Dow Jones Industrial Average falling 0.79%, the Nasdaq Composite Index falling 1.03%, and the S&P 500 Index falling 0.71%. Cryptocurrency concept stocks and the optical communications sector generally fell; the pharmaceutical sector led the gains, with Moderna rising nearly 10%.
2. International oil prices rose sharply. WTI crude oil futures closed at US$90.22 per barrel, an increase of 5.20%; Brent crude oil futures closed at US$94.65 per barrel, an increase of 4.6%.
3. The major European stock indexes closed collectively lower, with the British FTSE 100 index falling by 0.32%, the French CAC40 index falling by 0.60%, and the German DAX30 index falling by 1.14%.
4. The U.S. House of Representatives passed a temporary federal funding bill to avoid a government "shutdown" on October 1, and sent the bill to U.S. President Trump for signature.
5. Canadian Prime Minister Carney said that as long as U.S. officials continue to insult Canada, negotiations cannot be resumed.
6. API crude oil inventories in the United States decreased by 2.593 million barrels in the week to August 28, which is expected to decrease by 820,000 barrels, and the previous value increased by 4.199 million barrels.
7. The annual salary of Apple's new CEO Ternus will be increased to US$3 million from September 1, 2026, and he has been approved for the annual equity award for fiscal year 2027, with a target value of US$55 million.
8. Apple Maps began to rename "Lake Ontario" to "American Lake".
9. Musk is said to have made personnel adjustments to the team building the company's data center at SpaceX in recent weeks, replacing several leaders with executives from SpaceX's rocket and satellite Internet businesses.
10. Anthropic launched Claude Fable 5.1 and Claude Mythos 5.1; and announced the launch of an enterprise-level cutting-edge security protection solution with zero data retention and abuse detection capabilities.
11. Dell’s chief operating officer said that artificial intelligence is expected to account for 75% of total data center demand by 2030.
12. Nestlé has reached an agreement to divest its mainstream vitamins and minerals business.
13. Meta CEO Zuckerberg said that countries should not restrict open weighted AI models.
14. Google will release the Gemini 3.8 Flash AI model as early as Wednesday; Google Meet will launch Android large-screen devices in 2027.
15. CrowdStrike joins hands with NVIDIA to launch a cutting-edge network security model.
16. The National Aeronautics and Space Administration (NASA) awarded Blue Origin a contract for the Mars communications network project. A[Overview of U.S. stock market pre-market news: NVIDIA plans to restart the Rubin CPX project; ASML said that high numerical aperture extreme ultraviolet lithography machines are moving towards mass production; Samsung will allocate about 70% of its storage capacity to long-term cooperative customers by 2031] September 1st, the financial news of the U.S. stock market that investors need to focus on is as follows:
1. The three major U.S. stock index futures collectively declined. Dow Jones futures fell 0.68%, S&P 500 futures fell 0.67%, and Nasdaq 100 futures fell 1.24%.
2. International oil prices have both surged. WTI crude oil futures prices rose 2.59% to US$87.983/barrel; Brent crude oil futures prices rose 2.14% to US$92.424/barrel.
3. International gold and silver spot prices continued their decline. Spot gold prices fell 1.81% to US$4,368.27 per ounce; spot silver prices fell by 2.22% to US$65.05 per ounce.
4. The three major European stock indexes collectively fell. Britain's FTSE 100 index fell 0.56%, France's CAC40 index fell 0.23%, and Germany's DAX30 index fell 0.90%.
5. Analyst Ming-Chi Kuo said that his latest industry survey shows that NVIDIA has restarted the AI inference pre-filled acceleration GPU "Rubin CPX" project, but its design has been significantly adjusted and production is expected to begin in Q1 2027.
6. ASML revealed that a total of 10 high numerical aperture extreme ultraviolet lithography machines (High NA EUV) have been installed and put into operation by 4 customers around the world, and another 3 are being shipped and installed. High NA EUV is moving towards the high-volume production stage.
7. Anthropic has signed a cloud computing agreement worth US$35 billion with Lambda, a cloud service provider invested by Nvidia, to further expand AI computing power.
8. Samsung’s memory business unit is reported to have allocated about 70% of its production capacity to long-term orders before 2031. Its main contract customers include large technology companies such as Nvidia, Microsoft and Google. HBM’s rush for goods is quite fierce.
9. Apple accused its former iPhone engineer who switched to OpenAI of "not only downloading Apple's confidential circuit schematics, but also using them in OpenAI's work."
10. Fervo Energy, the original developer of geothermal energy, is reported to have signed a nearly 400-megawatt geothermal power supply agreement with Google, and plans to start supplying power to Google in 2028. Once completed, the project is expected to become the world's largest enhanced geothermal energy facility. A[Selected evening news on August 31st]
1. Seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. By 2030, the total retail sales of consumer goods will reach about 60 trillion yuan. The retail sales of trillion-level categories such as automobiles, home appliances, communication equipment, textiles and clothing, etc. continue to grow.
2. The Ministry of Industry and Information Technology has launched a special campaign to cultivate artificial intelligence application service providers, exploring models such as first purchase, first use, and risk compensation to increase the procurement of services such as large models, agents, and tokens.
3. Artificial intelligence developers are increasingly using Mac mini and Mac Studio to train artificial intelligence models or run artificial intelligence agents, and OpenAI and Anthropic have also joined in purchasing such equipment.
4. TSMC stated that the underlying architecture of optical transceivers is undergoing structural changes. Silicon photonics has become the mainstream type, and the ultimate embodiment is co-packaged optics (CPO). In the second half of this year, some manufacturers will enter mass production.
5. Company news: ① Zhongji InnoLight: plans to repurchase 4 billion to 8 billion shares for equity incentives or employee stock ownership plans. ②International Composites: It is planned to raise no more than 5 billion yuan in additional capital to invest in projects such as high-performance electronic fiber cloth. ③ Suiyuan Technology: The IPO price of the Science and Technology Innovation Board is set at 142.18 yuan per share. ④ Zhipu’s revenue in the first half of the year was 953.9 million yuan, with an operating loss of 2.15 billion yuan. ⑤ Huawei’s revenue in the first half of the year was 467.8 billion yuan and net profit was 23.427 billion yuan. A[Overview of U.S. stock market pre-market news: TSMC expects silicon photonics market share to exceed 50% in 2027; SK Hynix plans to hand over some HBM basic die production to Intel; Apple will officially replace Ternus as CEO tomorrow] August 31st, investors need to focus on the following financial news in the U.S. stock market:
1. The three major U.S. stock index futures collectively declined. Dow Jones futures fell 0.30%, S&P 500 futures fell 0.31%, and Nasdaq 100 futures fell 0.18%.
2. International oil prices rose collectively. WTI crude oil futures prices rose 3.47% to US$86.292/barrel; Brent crude oil futures prices rose 3.20% to US$90.919/barrel. On the news, Trump said that the United States would respond to Iran’s attack on US troops.
3. International gold and silver spot prices were mixed. Spot gold prices fell 0.19% to US$4,445.86 per ounce; spot silver prices rose 1.09% to US$67.02 per ounce.
4. The three major European stock indexes had mixed gains and losses. Britain's FTSE 100 index rose 0.29%, France's CAC40 index rose 0.21%, and Germany's DAX30 index fell 0.69%.
5. NVIDIA has launched a new generation of high-bandwidth memory technology, NVIDIA NVHBM, which can provide higher memory performance and efficiency for XPU.
6. TSMC stated that the underlying architecture of optical transceivers is undergoing structural changes. Silicon photonics has become a mainstream type, and the market share is expected to exceed 50% in 2027. Silicon photonics is ultimately embodied in co-packaged optics (CPO), and manufacturers will enter mass production in the second half of this year.
7. SK Hynix is considering handing over some HBM basic die production to Intel to reduce its dependence on TSMC wafer foundry. The program is expected to start with the seventh-generation HBM chip HBM4E.
8. Apple will officially complete its first CEO change since 2011 on September 1. John Ternus, currently senior vice president of hardware engineering, will succeed Cook as CEO and join the board of directors.
9. Some artificial intelligence laboratories such as OpenAI are reported to have purchased tens of thousands of Mac minis and Mac Studio for training AI agents, and are in urgent need of more such equipment. Anthropic also rents Mac minis from Amazon AWS.
10. SpaceX is building a foundry in Bastrop, Texas, to produce blades and guide vanes for large gas turbines. Gas turbines can be put into operation up to 18 months in advance.
11. Eli Lilly stated that the research data of two drugs, Taltz and Zepbound, in the treatment of obesity have shown positive results. A[Amazon AWS increases government AI track, OpenAI, Meta, Anthropic and other large models collectively landed on GovCloud] August 31, Amazon’s cloud business unit Amazon Web Services (AWS) recently announced that it has expanded the availability of its AI models in the AWS GovCloud (US) region to provide government agencies with access to Amazon The Bedrock platform has the ability to access third-party large models, including mainstream models such as Anthropic, Meta, OpenAI, xAI, and NVIDIA, and also supports Amazon's self-developed Nova series models. All services run in an isolated cloud environment that meets compliance requirements. A[Morning News Selection on August 31st]
1. The People's Bank of China and the State Administration of Financial Supervision jointly issued the "Opinions on Reforming and Improving Real Estate Credit Management and Promoting the Acceleration of the Construction of a New Real Estate Development Model". Regarding personal housing loan policies, there are these changes: 1. The maximum term of personal housing loans is extended to 40 years; 2. Existing floating-rate mortgages can negotiate interest rate adjustments or loan replacements; 3. Personal housing loan issuance timing requirements; 4. Repayment difficulties can be negotiated to adjust the repayment plan.
2. The China Securities Regulatory Commission has formulated the "Opinions on Capital Market Support for the Construction of a New Real Estate Development Model" to support the refinancing of listed real estate companies and the comprehensive use of issuance of shares, directional convertible bonds, cash and other tools to acquire real estate-related assets.
3. The Ministry of Finance, the State Administration of Taxation, and the China Securities Regulatory Commission issued an announcement on regulating individual income tax policies for the transfer of restricted shares of listed companies. It is proposed that the income obtained by individuals from the transfer of restricted shares of listed companies shall be subject to personal income tax at a tax rate of 20% as "income from property transfer".
4. The Ministry of Housing and Urban-Rural Development, the Ministry of Natural Resources, and the State Administration of Financial Supervision jointly issued the "Notice on Improving the Commercial Housing Sales System". The "Notice" clarifies that all localities must vigorously and orderly promote the sales of existing commercial housing to achieve "what you see is what you get", fundamentally prevent delivery risks, and safeguard the legitimate rights and interests of home buyers.
5. Liu Liehong, director of the National Data Administration, said at the 2026 China International Big Data Industry Expo that it is necessary to study and explore business models such as word value-added subscription and pay-for-performance based on major national economic scenarios.
6. According to the National Data Administration, more than 20 computing power dispatching entities have officially settled in the national integrated computing power network monitoring and dispatching test verification platform to comprehensively improve computing power dispatching operation service capabilities. According to reports, the National Integrated Computing Power Network, as one of the "Six Networks", is a major project proposed in the "15th Five-Year Plan".
7. Kingboard Laminated Board, a copper-clad laminate manufacturer, has raised prices for the seventh time this year, with a uniform price increase of 10% for all thickness FR-4 copper-clad laminates; PP prepreg prices have been adjusted according to specifications, with thick cloth PP above 7628 (inclusive) increasing by 10%, and thin cloth PP below 7628 increasing by 20%.
8. It was learned from the Space Application Engineering and Technology Center of the Chinese Academy of Sciences that China recently made an important breakthrough in the Earth-Moon laser communication test mission, successfully establishing a two-way laser link over a distance of more than 400,000 kilometers from the Earth and the Moon, and achieving two-way high-speed laser communication between the Earth and the Moon for the first time.
9. Changxin Storage announced that Changxin LPDDR6 memory has been officially mass-produced, and Xiaomi 18 Fold new folding flagship mobile phone will be launched for the first time.
10. Changxin Technology announced that in the first half of the year, it achieved operating income of 150.31 billion yuan, a year-on-year increase of 873.64%; the net profit attributable to shareholders of listed companies was 77.605 billion yuan, turning losses into profits year-on-year. The company said that looking forward to the second half of 2026, the global supply shortage of DRAM products will continue.
11. BYD’s revenue in the first half of the year was 344.82 billion yuan, a year-on-year decrease of 7.13%; its net profit in the first half of the year was 12.33 billion yuan, a year-on-year decrease of 20.5%.
12. Wuliangye announced that in the first half of the year, it achieved operating income of 28.417 billion yuan, a year-on-year increase of 20.87%; net profit attributable to shareholders of listed companies was 8.753 billion yuan, a year-on-year increase of 89.3%.
13. PetroChina achieved operating income of 1,527.491 billion yuan in the first half of the year, a year-on-year increase of 5.3%; net profit attributable to shareholders of the parent company was 103.936 billion yuan, a year-on-year increase of 22.0%.
14. Ganfeng Lithium Industry announced that in the first half of the year, it achieved operating income of 23.097 billion yuan, a year-on-year increase of 175.75%; the net profit attributable to shareholders of the listed company was 4.257 billion yuan, turning a loss into a profit year-on-year.
15. Walter Gas announced that it plans to raise no more than 700 million yuan for the construction project of Jiangsu Walter’s semiconductor material production base. Youyan Silicon announced that it plans to acquire the equity interests of Shandong Youyan Ace and Shandong Youyan Semiconductor, which is expected to constitute a major asset reorganization.
16. Zhongjian Technology announced that it plans to invest 1.2 billion yuan to build an intelligent robot industrialization project. Shengyi Electronics announced that its wholly-owned subsidiary plans to invest 2.257 billion yuan to build the "Core Computer Intelligent Link" high-speed interconnection circuit board manufacturing project.
17. 2nd Lianban Xiangjiang Holdings announced that its wholly-owned subsidiary signed a computing power technology service contract of no more than 970 million yuan. Haixing Shares announced that it plans to raise no more than 2.1 billion yuan in additional capital for high-performance high-voltage electrode foil projects for AI computing power supplies.
18. LONGi Green Energy achieved operating income of 27.045 billion yuan in the first half of the year, a year-on-year decrease of 17.58%; the net profit attributable to shareholders of the listed company was a loss of 3.684 billion yuan.
19. Huazheng New Materials’ net profit attributable to shareholders of listed companies in the first half of the year was 173 million yuan, a year-on-year increase of 305.28%. Inspur Information announced that the net profit attributable to shareholders of listed companies in the first half of the year was 2.952 billion yuan, a year-on-year increase of 269.59%.
20. *ST Yuandao announced that the stock will be suspended from trading on August 31 due to forced delisting due to major violations of the law. Wanlishi announced that the company and the actual controller were placed on file by the China Securities Regulatory Commission for suspected violations of information disclosure.
21. The three major U.S. stock indexes closed collectively lower on Friday, with the Dow Jones Industrial Average falling 0.02%, the Nasdaq Composite Index falling 0.52%, and the S&P 500 Index falling 0.25%. That week, the Dow rose 0.53%, the Nasdaq rose 0.85%, and the S&P 500 rose 0.49%.
22. Federal Reserve Chairman Warsh said that inflation data did not show a significant improvement in inflation trends; if the inflation rate cannot reach 2% quickly, there is still work to be done.
23. Iran’s Islamic Revolutionary Guard Corps announced on social media in the early morning of the 31st that Iran launched missiles at a US military base. Earlier, explosions were heard near Iran's Larak Island.
24. Iranian President Pezhechiyan said that Iran is currently working hard to ensure that if the Strait of Hormuz is reopened under a specific framework, the United States must also fulfill its obligations.
25. “Big Short” Michael Burry posted that he was shorting Nvidia, but he also bought call options on Nvidia. He believes that Nvidia's monopoly position will last only a limited time and profit margins will decline in the future.
26. Anthropic plans to publish its IPO prospectus after September 7 and may be listed in the United States in late September or early October. According to reports, the company hopes to raise at least US$130 billion in the IPO to expand its computing power.
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