B[Geely Holding Group and Google reach global strategic cooperation] On October 16th, Geely Holding Group announced today that it has reached a global strategic cooperation with Google. The two parties will jointly build a digital cockpit ecosystem for eligible brand models of Geely Holding in overseas markets covered by Google services. The first model equipped with related services is planned to be launched in the second half of 2027. The specific implementation progress will depend on product research and development, regulatory compliance and market preparation. According to the cooperation agreement, overseas models included in the cooperation scope will be equipped with officially certified Google Automotive Services, covering Google AI Assistant Gemini, Google Maps, Google Car App Store, etc. The entire system can provide multi-modal intelligent voice large models, global intelligent navigation, massive in-vehicle applications, smooth cross-device interconnection and other functions, comprehensively improving user travel experience while ensuring driving safety. B[Hong Kong stock companies accelerate the pace of "returning to A", and hard technology assets favor the "H+A" model] October 16th, since the second half of this year, the "returning to A" of Hong Kong stock companies has continued to heat up. Liqin Resources took the lead in "returning to A" on September 30, and Zhipu, MINIMAX, Yunyinggu Technology, Jingfeng Medical, Paradigm Intelligence, etc. are also advancing the "returning to A" in an orderly manner. Industry insiders believe that "returning to A" is a rational capital operation adopted by Hong Kong stock companies based on their own structure, technological innovation attributes, profit cycle and other factors. With the improvement of the regulatory coordination mechanism between the mainland and Hong Kong and the construction of a multi-level capital market, the space for high-quality Hong Kong stocks to "go north" will be further expanded, and it is expected to obtain fairer local valuations and RMB financing channels. (Shanghai Securities News) A[Hong Kong’s Hang Seng Technology Index closed down 2.72%, with the optical communications and semiconductor sectors leading the decline] On October 15th, Hong Kong’s Hang Seng Technology Index closed down 1.03%, and the Hang Seng Technology Index fell 2.72%. Optical communications and semiconductor sectors were among the top decliners. YOFC Optical Fiber and Cable fell by more than 13%, Tianshu Smart Core fell by more than 13%, Biren Technology fell by more than 11%, Montage Technology fell by more than 11%, Haiguangxin fell by more than 8%, and Cambridge Technology It fell 8%, Huahong Grace fell nearly 8%, Zhongji InnoLight fell more than 7%, and SMIC fell nearly 4%; large model stocks fell, Zhipu fell more than 10%, MINIMAX fell more than 12%; Lenovo Group fell more than 14%. A[Morning News Selection on October 14th]
1. Shanghai issued the “15th Five-Year Plan for Energy Saving, Carbon Reduction and Circular Economy Development in Shanghai”. It is proposed that the installed capacity of new energy storage will reach 3 million kilowatts by 2030. Promote the agglomeration and expansion of new energy vehicles, new energy storage, smart grids, and high-efficiency energy-saving equipment industries.
2. Huawei Xu Songyu said that the next generation Kirin 2027 chip is also ready, and so far, all test results are in line with expectations.
3. Counterpoint reports that the DRAM market size for humanoid robot computing systems is expected to grow approximately 20 times in five years.
4. Deutsche Bank said that the era of super intelligence may usher in in 2030. Even if AGI fails to be realized, the AI industry may still create considerable economic returns.
5. AMD CEO Su Zifeng predicts that the CPU market size will achieve explosive growth in the next few years, driven by intelligent AI workloads.
6. Musk disclosed the Terafab chip factory plan to manufacture and test 10 chips every year.
7. The Hong Kong Securities and Futures Commission said it would take action against groups suspected of manipulating initial public offerings and suspend trading in Cha Baidao's shares.
8. Enjie Co., Ltd. announced that its net profit in the first three quarters is expected to be 1.54 billion yuan to 2.05 billion yuan year-on-year; China Tungsten High-tech announced that its net profit in the first three quarters is expected to increase by 219%-241% year-on-year; Fuchun Dyeing and Weaving announced that its net profit in the first three quarters is expected to increase by 1348%-1519% year-on-year; Salt Lake Co., Ltd. announced, Net profit in the first three quarters is expected to increase by 88%-92% year-on-year; Inspur Information announced that net profit in the first three quarters is expected to increase by 156%-177% year-on-year; Baoding Technology announced that net profit in the first three quarters is expected to increase by 537%-614% year-on-year; Xingsen Technology announced that net profit in the first three quarters is expected to increase by 204%-227% year-on-year.
9. Xingshuaier announced that it plans to acquire 100% of the shares of Fanyu Technology, and trading will resume from today; Luchang Technology announced that the controlling shareholder plans to change to Yuanzhuo Angel, and the stock will resume trading from today.
10. Zoomlion announced that it plans to sell its controlling stake in Luchang Technology for approximately 900 million yuan.
11. Fed Williams said that it is appropriate to raise interest rates again this year; it currently believes that there is no need to raise interest rates in 2027.
12. The US Central Command stated that the Strait of Hormuz is currently controlled by the US military and regional partners. The U.S. side also stated that the U.S. military assisted partners in the Gulf region to transport more than 19 million barrels of crude oil through the Strait of Hormuz the day before.
13. Israeli Prime Minister Netanyahu has had multiple phone calls with US President Trump recently to discuss the possibility of launching a large-scale joint military strike against Iran before the Israeli parliamentary elections on October 27 and the US mid-term elections on November 3.
14. Ukrainian President Zelensky said in a video speech that Ukraine has submitted a new round of meeting and consultation plan to the United States, proposing to hold talks in the next few days, and has submitted relevant proposals to relevant U.S. representatives.
15. The three major U.S. stock indexes collectively closed down. The Dow fell 0.35%, the Nasdaq fell 0.15%, and the S&P 500 fell 0.02%. Semiconductor equipment and materials, storage stocks, and precious metals fell. Applied Materials fell more than 6%, SpaceX fell more than 4%, and Micron Technology and SK Hynix fell more than 3%.
16. COMEX gold futures closed down 0.15%, and COMEX silver futures fell 1.85%. The settlement price of WTI crude oil futures rose 0.43%, and the settlement price of Brent crude oil futures fell 0.9%.
17. Google began to launch Gemini 4 Argon to Google AI subscribers. Gemini 4 Argon was launched at a preferential price of $2 per million input tokens and $10 per million output tokens.
18. The Meta platform is launching a series of AI-driven custom tools on Facebook. Users can use natural language to directly explain to the algorithm what they want to see in the information stream and Reels short videos. A[Overnight global news you need to know on Wednesday: Fed Williams said it is appropriate to raise interest rates once this year and there is no need to raise interest rates next year; the three major U.S. stock indexes collectively closed lower, with semiconductor and storage stocks lower; U.S. Central Command said the Strait of Hormuz is controlled by the U.S. military and regional partners]
1. Fed Williams said that it is appropriate to raise interest rates again this year; currently it is believed that there is no need to raise interest rates in 2027.
2. The U.S. Central Command stated that the Strait of Hormuz is currently controlled by the U.S. military and regional partners. The U.S. side also stated that the U.S. military assisted partners in the Gulf region to transport more than 19 million barrels of crude oil through the Strait of Hormuz the day before.
3. Israeli Prime Minister Netanyahu has recently had multiple phone calls with US President Trump to discuss the possibility of launching a large-scale joint military strike against Iran before the Israeli parliamentary election on October 27 and the US mid-term election on November 3.
4. U.S. President Trump posted a message on social media on October 13, accusing the Houthis in Yemen of using "very bad" means to attack Saudi Arabia and possibly "deliberately pushing up oil prices before the U.S. midterm elections."
5. According to a person in charge of the Saudi Energy Ministry, an administrative office building of Saudi Aramco in Dhahran, eastern Saudi Arabia, was attacked, but no one was injured.
6. Iran’s Islamic Revolutionary Guard Corps Navy Commander Azmaei said that Iran is waiting for the US warship to approach the entrance of the Strait of Hormuz and then sink it. We are counting down the days and waiting for this day to arrive.”
7. Ukrainian President Zelensky said in a video speech that Ukraine has submitted a new round of meeting and consultation plan to the United States, proposing to hold talks in the next few days, and has submitted relevant proposals to relevant U.S. representatives.
8. On the evening of the 13th local time, explosions were heard in the Saudi capital Riyadh and the eastern Saudi city of Dammam.
9. David Rosenberg said that the U.S. stock market is increasingly looking like a bubble, with valuations, leverage and investor positions at extreme levels never seen in his 40 years of business.
10. The Meta platform is launching a series of AI-driven custom tools on Facebook. Users can use natural language to directly explain to the algorithm what they want to see in the information flow and Reels short videos.
11. Google began to launch Gemini 4 Argon to Google AI subscribers. Gemini 4 Argon was launched at a preferential price of $2 per million input tokens and $10 per million output tokens.
12. Apple launches HomeView device, which supports entertainment and smart home management. It is available in standard and wall-mounted versions, both priced at US$299.
13. The three major U.S. stock indexes collectively closed down. The Dow fell 0.35%, the Nasdaq fell 0.15%, and the S&P 500 fell 0.02%. Semiconductor equipment and materials, storage stocks, and precious metals fell. Applied Materials fell more than 6%, SpaceX fell more than 4%, Kexiu Semiconductor and Kelei fell more than 3%, and Micron Technology and SK Hynix fell more than 3%.
14. COMEX gold futures closed down 0.15% at US$4,184.2 per ounce; COMEX silver futures fell by 1.85% at US$59.395 per ounce.
15. The settlement price of WTI crude oil futures was US$94.14/barrel, up 40 cents, or 0.43%. Brent crude oil futures settled at $105.69 per barrel, down 96 cents, or 0.9%. A[Morning News Selection on October 9th]
1. The People's Bank of China issued an article stating that China's trade development is rooted in the improvement of the international competitiveness of its industries. China has no need or intention to gain trade competitive advantages through exchange rate depreciation, and has never engaged in competitive currency depreciation.
2. According to the Ministry of Industry and Information Technology, in the first eight months of this year, China’s software business revenue exceeded 10 trillion yuan, a year-on-year increase of 8.8%, and the total software industry profit increased by 1.3% year-on-year; software business exports were US$45.99 billion, a year-on-year increase of 12.5%.
3. The Ministry of Human Resources and Social Security issued the "Measures for the Protection of Workers' Rights and Interests in New Employment Forms (Draft for Comment)", which stipulates basic labor rights and interests such as equal employment and free choice of employment, labor remuneration, rewards and punishments, working hours and labor intensity, rest, labor safety and health, protection from severe weather, vocational training, social insurance, personal information protection, collective consultation, etc., and sets the bottom line for workers' working conditions in new employment forms.
4. The Beijing Municipal Radio and Television Bureau issued "Beijing's Several Measures to Support the High-Quality Development of the Ultra-HD Audiovisual Industry." It is proposed to increase financial support for the development of the ultra-high-definition audio-visual industry. Conduct targeted listing guidance for key ultra-high-definition companies, and support ultra-high-definition companies to be listed on the domestic main board, science and technology innovation board, gem, and Beijing Stock Exchange.
5. Huang Kunming, Secretary of the Guangdong Provincial Party Committee, went to Shenzhen on October 8 to conduct in-depth research on port hubs and platform enterprises. The survey pointed out that Shenzhen should use the city's efforts to accelerate the development of the artificial intelligence and robotics industries, strengthen the construction of technologies, elements, and scenarios, strive to be at the forefront of cultivating the smart economy, take new paths, and comprehensively enhance new drivers and advantages of industrial development.
6. According to the temporary index adjustment rules and compilation plan, CSI Index Co., Ltd. has decided to adjust the samples of CSI 1000 and CSI 500 indexes, which will take effect after the market closes on October 9, 2026.
7. Citigroup said it expects the CPU market size to reach US$300 billion in 2030.
8. Zunjie Auto released a statement stating that the Zunjie braking system has completed the entire process development and verification in accordance with requirements that are higher than national standards (GB 21670-2025 / GB 7258-2026) and higher than industry standards (QC/T 788-2018). In actual usage scenarios, the brake pedal bracket base did not break.
9. A person from the Securities Department of Changguang Huaxin told a reporter from the Science and Technology Innovation Board Daily that the "FCC 65%" relevant provisions mentioned in the Morgan Stanley report are informal regulations, and domestic 800G/1.6T optical chips are still in extremely short supply in the short term.
10. Dongyue Silicon Materials announced that its net profit in the first three quarters is expected to increase by 19050%-19750% year-on-year; Net profit is expected to increase by 223%-248% year-on-year; Benchuan Intelligent announced that it expects net profit in the first three quarters to increase by 190%-335% year-on-year; Guanghui Energy announced that it expects net profit in the first three quarters to increase by 167%-177% year-on-year.
11. Dongshan Precision responded to rumors related to optical chip procurement restrictions, saying that some of the optical chips used in the optical module business are self-developed and self-produced, and the overall compliance space is sufficient.
12. Xiongsu Technology announced that it plans to acquire no more than 80% of the equity of Xinyuan New Materials.
13. Wavelength Optoelectronics announced that the company and its chairman were prosecuted for smuggling goods prohibited from import and export by the country.
14. Trump stated that he was having productive talks with Iran and would never attack Iran before the midterm elections for the U.S. Congress on November 3.
15. The Houthi armed forces in Yemen issued a statement saying that on the evening of the 8th, the Houthi armed forces attacked the Saudi airport and air base for the third time.
16. The Federal Reserve's Mussallem said that further tightening of monetary policy is needed to bring inflation back to target, and interest rates should be raised in the next 6 to 9 months.
17. Federal Reserve Governor Waller said that further interest rate increases are still needed, but there is "flexibility" in the pace of interest rate increases. The dot plot could reflect a rate hike in early 2027, followed by a rate cut later.
18. The three major U.S. stock indexes closed with mixed gains, with the Dow up 0.1%, the Nasdaq down 1.25%, the S&P 500 down 0.47%, the storage and semiconductor sectors fell, the Philadelphia Semiconductor Index closed down 3.39%, Intel fell over 5%, SanDisk, Micron Technology, and SK Hynix fell over 4%.
19. The settlement price of WTI crude oil futures was US$91.49/barrel, an increase of 3.64%; the settlement price of Brent crude oil futures was US$104.28/barrel, an increase of 4.07%. COMEX gold futures closed up 0.43%, while COMEX silver futures fell 1.43%.
20. Apple plans to hold a product launch event around Tuesday, October 27, to officially launch its first touchscreen version of MacBook and a new generation of iPad mini.
21. According to financial documents disclosed to investors, OpenAI disclosed to investors at the end of September that its current annual revenue is close to US$50 billion, which is about US$20 billion less than OpenAI’s annualized revenue of nearly US$70 billion reported by the media at the end of last month. A[Overnight global news you need to know on Friday: OpenAI’s annual revenue is $20 billion lower than previously reported; Trump said he would not attack Iran before the midterm elections; the Nasdaq closed down more than 1%, and the storage and semiconductor sectors fell]
1. U.S. President Trump stated that he is having productive talks with Iran and will never attack Iran before the U.S. Congressional midterm elections on November 3.
2. Fed Musallem said that further tightening of monetary policy is needed to bring inflation back to target, and interest rates should be raised in the next 6 to 9 months.
3. According to information released on the website of the U.S. Department of the Treasury, the United States has imposed a new round of sanctions on Iran, including 17 ships transporting Iranian crude oil, petroleum products, and petrochemical products.
4. Ukrainian President Zelensky told the media on the 8th that the Ukrainian negotiating team will hold a new round of talks on the Ukraine crisis with US President Trump’s special envoy Witkov and son-in-law Kushner in the United States on the 9th.
5. The Houthi armed forces in Yemen issued a statement on the 8th local time saying that on the evening of the same day, the Houthi armed forces launched two cruise missiles at King Khalid International Airport in Riyadh, Saudi Arabia, and simultaneously launched a ballistic missile at Najran Airport and a ballistic missile at Khamis Mushayt Air Force Base. This is the third time the Houthis have issued a statement on the 8th claiming to have attacked King Khalid International Airport.
6. According to financial documents disclosed to investors, OpenAI disclosed to investors at the end of September that its current annualized revenue is close to 50 billion U.S. dollars, which is about 20 billion U.S. dollars less than OpenAI’s annualized revenue level of nearly 70 billion U.S. dollars reported by the media at the end of last month.
7. Apple confirmed that it will hold a new product launch conference in New York on October 13 to launch new smart home products. The theme of this event is "Welcome home" and a variety of devices will be released.
8. Apple plans to hold a product launch event around Tuesday, October 27, to officially launch its first touch-screen version of MacBook and a new generation of iPad mini.
9. SpaceX officially announced on Thursday that it has reached an agreement to acquire a portfolio of low-frequency spectrum license assets covering the entire United States.
10. According to estimates by the U.S. Congressional Budget Office, the U.S. federal government budget deficit in fiscal year 2026 will total $2 trillion, which is $218 billion higher than the deficit in fiscal year 2025.
11. Freddie Mac said in a statement Thursday that the average interest rate on a 30-year fixed-rate mortgage rose to 7.4% from 7.28% a week ago. The interest rate is currently the highest since November 2023. A year ago it was 6.3%.
12. According to the Investment Company Institute (ICI), the assets of U.S. money market funds increased to $7.96 trillion.
13. The United States’ holdings of U.S. Treasury bonds by foreign central banks decreased by US$16.873 billion in the week to October 2, compared with a decrease of US$15.101 billion in the previous value.
14. The U.S. government suspended green card applications for foreign employees of many technology companies and investigated visa issues at 9 universities.
15. The three major U.S. stock indexes closed with mixed gains. The Dow rose 0.1%, the Nasdaq fell 1.25%, and the S&P 500 fell 0.47%. The storage and semiconductor sectors fell. The Philadelphia Semiconductor Index closed down 3.39%. Intel fell more than 5%. SanDisk, Micron Technology, and SK Hynix fell more than 4%.
16. The settlement price of WTI crude oil futures was US$91.49/barrel, an increase of US$3.21, or 3.64%. Brent crude oil futures settled at $104.28 per barrel, up $4.08, or 4.07%.
17. COMEX gold futures closed up 0.43% at US$4,158.3 per ounce; COMEX silver futures fell by 1.43% at US$59.43 per ounce. A[Overview of U.S. stock market pre-market news: Google launches Gemini smart body; GlobalFoundries and TSMC signed a US$2 billion silicon interposer agreement for advanced AI packaging; Fed Waller said further flexible interest rate hikes are still needed] On October 8, 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 moderately. Dow Jones futures fell 0.72%, S&P 500 futures fell 0.41%, and Nasdaq 100 futures fell 0.64%.
2. International oil prices have both surged. WTI crude oil futures prices rose 4.81% to US$92.525/barrel; Brent crude oil futures prices rose 4.83% to US$105.039/barrel.
3. International gold and silver spot prices were mixed. Spot gold prices rose 0.49% to US$4,130.91 per ounce; spot silver prices fell by 1.36% to US$58.96 per ounce.
4. The three major European stock indexes fell across the board. Britain's FTSE 100 index fell 0.10%, France's CAC40 index fell 0.46%, and Germany's DAX30 index fell 0.86%.
5. Google Cloud launches the Gemini agent, which is positioned as a general working agent and can run on the Gemini model or Claude model. Affected by this, Google rose by more than 1% before the market opened, and Meta fell by more than 1%.
6. Broadcom is arranging more than US$50 billion in financing for its project to develop customized AI chips in cooperation with OpenAI. Apollo Asset Management and Blackstone Group are among the lenders in talks to participate in the financing, people familiar with the matter said.
7. The stock price of Wolfspeed, the leading silicon carbide company in the U.S., surged more than 15% before the market opened after the company received a $1.5 billion conditional loan commitment from the U.S. Department of Defense.
8. Globalfoundries signed a US$2 billion silicon interposer agreement with TSMC for advanced AI packaging, with an initial term of 5 years.
9. TSMC’s sales in September were NT$511.86 billion, a month-on-month decrease of 0.6% and a year-on-year increase of 54.6%. TSMC’s revenue in the first three quarters of 2026 was NT$3,898.73 billion, a year-on-year increase of 41.1%.
10. Citigroup said it expects the CPU market size to reach US$300 billion in 2030, and has significantly raised AMD's target price from US$575 to US$800, maintaining a "buy" rating.
11. Investment bank DA Davidson significantly raised the target price of Micron Technology from US$2,100 to US$3,000, the highest on Wall Street, and reiterated a "buy" rating.
12. OpenAI fully launches GPT-6 for all free and paid ChatGPT users around the world, officially replacing GPT-5.6 SOL and GPT-5.6 LUNA.
13. Federal Reserve Governor Waller said that further interest rate increases are still needed, but there is "flexibility" in the pace of interest rate increases. The dot plot could reflect a rate hike in early 2027, followed by a rate cut later. A[Hong Kong’s Hang Seng Technology Index closed down 2.89%, a new low since September 2024] On October 8, Hong Kong’s Hang Seng Technology Index closed down 1.43%; the Hang Seng Technology Index fell 2.89%, a new low since September 26, 2024. The "two heroes" of Hong Kong's large models led the decline, with MINIMAX-W falling by more than 13% and Zhipu falling by more than 7%. Semiconductor stocks fell collectively. Biren Technology fell by more than 11%, Huahong Grace fell by more than 9%, GigaDevice and Longsys fell by more than 7%, SMIC and Montage Technology fell by more than 6%, and Shanghai Fudan fell by more than 5%. Optical communications and PCB concept stocks generally fell. Haiguangxin fell by more than 13%, Guanghe Technology fell by more than 8%, YOFC Optical Fiber and Cable, Kingboard Laminated Board fell by more than 6%, and Shenghong Technology fell by 5%. B[Google launches Gemini 4 to catch up with AI rivals, with mixed internal evaluations of its programming performance] On October 1, Google has begun to launch the much-anticipated flagship artificial intelligence model Gemini 4 Argon, but there are questions within the company about the actual performance of the model in key areas such as programming. On Wednesday, Google opened the model to a small group of trusted cybersecurity partners and said it would expand its use after more testing, starting with paying users. Gemini 4 achieved leading results in multiple benchmarks, including beating OpenAI's Astra model in a test that measured security capabilities, the company said. However, some insiders say these metrics don't tell the full story. While Gemini 4 performed well in benchmark tests that measure model performance, it didn't perform as well when employees actually used it, especially for certain programming tasks, according to people with direct knowledge of the work. A[Overnight global news you need to know on Thursday: U.S. troops withdraw from Iraq, Microsoft surges by more than 37% in the third quarter and its market value increases by more than 1 trillion US dollars, international crude oil futures surge by more than 30% in the third quarter, and the probability of the Federal Reserve raising interest rates in October has dropped significantly]
1. Trump announced that the last batch of U.S. troops are leaving Iraq.
2. The U.S. core PCE price index in August was lower than expected. The probability of the Federal Reserve raising interest rates in October dropped by 13.8 percentage points from a day ago. The probability of raising interest rates at least once during the year dropped to 86.8%.
3. Goldman Sachs postponed the Federal Reserve’s interest rate hike expectations from October to December.
4. Fed Governor Cook said that inflation has been too high for too long and is committed to bringing inflation back to the 2% target level.
5. Senate Majority Leader Thune said that Congress may raise the debt ceiling after the midterm elections.
6. The U.S. Treasury Department will buy back up to $6 billion of longer-term Treasury bonds on Thursday.
7. Republican members of the U.S. Senate formally proposed a cryptocurrency tax bill.
8. U.S. Treasury yields continued to surge during the session on Wednesday. The U.S. 30-year and 10-year Treasury bond yields both hit their highest levels since 2002.
9. Micron Technology’s adjusted revenue in the fourth quarter was US$54.23 billion, a year-on-year increase of 379%. It is estimated to be US$51.49 billion, compared with US$11.32 billion in the same period last year. The company expects adjusted revenue in the first quarter to be US$60 billion to US$63 billion.
10. Synopsys expects full-year revenue of US$11 billion to US$11.2 billion, while the company originally expected US$9.69 billion to US$9.74 billion. Approximately $1 billion in shares will be repurchased in the coming months.
11. Nvidia said that CoreWeave has put Vera Rubin NVL72 into production, and Cognition tested Token throughput increased by 4.8 times.
12. Google launches Gemini 4 Argon, pricing Argon at $2 per million input tokens and $10 per million output tokens.
13. Apple plans to enter the smart home market in a big way on October 13. The core of the strategy is a smart home hub code-named J490.
14. A U.S. judge signed an order allowing Paramount to complete its acquisition of Warner Bros. Discovery.
15. The U.S. Federal Trade Commission is reported to be intensifying its investigation into Anthropic and OpenAI.
16. OpenAI and Synopsys will jointly develop the ChatGPT-Synopsys model.
17. Synopsys and Amazon signed a multi-year agreement exceeding US$1 billion to promote custom chip cooperation.
18. The American BlueQubit research team used IBM's latest Nighthawk r2 quantum processor to complete a random quantum circuit sampling experiment, generating 1 million samples in just 19 seconds.
19. South Korea will invest US$120 billion to build eight nuclear reactors in the United States, two of which will use South Korea's APR 1400 design.
20. SK Hynix has expanded the outsourcing scale of storage semiconductor flip-chip packaging and increased the number of cooperative outsourcers. The products outsourced this time are DDR4 and DDR5 DRAM.
21. Toronto-Dominion Bank of Canada plans to launch a C$10 billion stock buyback plan.
22. The three major U.S. stock indexes closed with mixed results. The Nasdaq rose 0.24%, rose 1.86% in September, and rose 2.47% in the third quarter; the S&P 500 index fell 0.25%, fell 0.45% in September, and rose 2.03% in the third quarter; the Dow Jones Industrial Average fell 0.86%, fell 4.29% in September, and fell 2.7% in the third quarter. Microsoft surged by more than 37% in the third quarter, with its market value increasing by more than 1 trillion U.S. dollars; Apple rose by more than 15% in the third quarter, and Nvidia rose by more than 14% in the third quarter; Tesla fell by more than 15% in the third quarter, and Intel fell by more than 13% in the third quarter. Major European stock indexes closed lower collectively, with Germany's DAX30 index closing down 0.7%.
23. The international crude oil futures settlement price closed higher. The November contract of WTI crude oil futures rose by 1.16%, with a cumulative increase of more than 5% in September, and a cumulative increase of more than 31% in the third quarter; the November contract of Brent crude oil futures rose by 0.92%, with a cumulative increase of about 11% in September, and a cumulative increase of more than 33% in the third quarter.
24. COMEX gold futures rose 0.22%, fell nearly 7% in September, and rose more than 4% in the third quarter; COMEX silver futures fell 0.65%, fell nearly 10% in September, and rose nearly 3% in the third quarter. A[Overview of U.S. stock market pre-market news: U.S. August PCE will be released tonight; the market waits with bated breath for Micron’s financial report; OpenAI postpones the release of GPT-6.1 Astra] On September 30, 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 slightly. Dow Jones futures fell 0.03%, S&P 500 futures fell 0.00%, and Nasdaq 100 futures fell 0.17%.
2. International oil prices are rising collectively. WTI crude oil futures prices rose 1.43% to US$90.658/barrel; Brent crude oil futures prices rose 1.64% to US$97.737/barrel.
3. International gold and silver spot prices were mixed. Spot gold prices rose 0.17% to US$4,188.99 per ounce; spot silver prices fell by 1.32% to US$60.64 per ounce.
4. The three major European stock indexes fell across the board. Britain's FTSE 100 index fell 0.05%, France's CAC40 index fell 0.56%, and Germany's DAX30 index fell 0.36%.
5. The U.S. personal consumption expenditures (PCE) report for August will be released at 20:30 Beijing time tonight. The market currently estimates that (core) PCE will increase by 0.3% month-on-month, PCE will increase by 3.7% year-on-year, and core PCE will increase by 3.3% year-on-year.
6. It is reported that Apple plans to vigorously enter the smart home market on October 13, and will launch the Home Hub and updated versions of Apple TV and HomePod mini.
7. Micron Technology will disclose its latest financial report after the market closes on Wednesday. Based on options pricing on Monday, Micron Technology shares are expected to move as much as 7% before the end of the week. Micron's previous guidance for the fourth fiscal quarter was revenue of US$50 billion and Non-GAAP earnings per share of US$31.
8. The American BlueQubit research team used IBM's latest Nighthawk r2 quantum processor to complete a random quantum circuit sampling experiment, generating 1 million samples in just 19 seconds.
9. TSMC is evaluating potential investments in Texas to expand its chip production capacity in the United States. The potential investment would be in addition to the $265 billion TSMC has already committed to Arizona.
10. OpenAI decided to postpone the release of GPT-6.1 Astra originally scheduled for October, which once again highlights the competitive cost of artificial intelligence security.
11. SK Hynix has expanded the outsourcing scale of storage semiconductor flip-chip packaging and increased the number of cooperative outsourcers. The products outsourced this time are DDR4 and DDR5 DRAM.
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