U.S. Stock Futures and Dollar Gain in Wednesday Pre-Market Amid Election Uncertainty
Market sentiment fluctuated on Wednesday as preliminary results of the U.S. presidential election showed a tight race. Investors sought safety, driving U.S. stock index futures and the U.S. dollar higher during Asian trading hours.
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US election/USD
NVIDIA Surpasses Apple as World‘s Most Valuable Company
Nvidia's market value once reached 3.53 trillion US dollars, surpassing Apple's 3.52 trillion US dollars to become the world's most valuable company.
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nvidia/Apple/US Stock
Asian Stock Markets Stablilize, China Real Estate and Dollar Trend in Focus
Asian stocks remained stable on Thursday as expectations mounted ahead of China's upcoming housing policy briefing. Meanwhile, the dollar was near a two-month high on hopes that Donald Trump could be re-elected as U.S. president.
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Global Economy/Dollar/Asian Stocks
Chinese Stocks Mixed on Disappointing Inflation Data
Despite strong stimulus signals from the government, the continued gains in Chinese stocks remain to be seen as inflation data disappointed.
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Stocks/Stock Markets/Inflation
Tesla Unveils Robotaxi Cybercab but Stock Price Falls
Tesla unveiled its new self-driving Cybercab taxi, but shares fell sharply and continued to trade lower throughout the day.
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Tesla/EVs/FSD
Tesla Converts Hundreds Of Temporary Workers To Full-Time At Its German Gigafactory
Tesla announced on Thursday that it will hire 500 temporary workers at its Gigafactory in Berlin, Germany, starting Nov. 1, a move the company sees as an “optimistic assessment” of further expansion of electric vehicle production.
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Tesla
Asian Stocks Rise On Thursday As Investors Focus On U.S. Inflation Data
Most Asian stock markets rose on Thursday as investors looked to key U.S. inflation data for more clues on the direction of interest rates.
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Asian Stocks
TSMC's U.S. Factory Sees Order Growth, May Produce HPC Chips For AMD
According to market sources, following Apple, AMD will also buy high-performance computing (HPC) chips from TSMC's Arizona fab Fab 21.
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TSMC
Japan Stocks Closed Lower, Nikkei 225 Down 1.26%
At the close of trading in Tokyo, the Nikkei 225 fell 1.26%.
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Japan Economy/Nikkei 225 index/Stocks
As Newest HBM Chip Starts Mass Production, SK Hynix's Stock Price Surges
SK Hynix shares rose more than 9 percent on Thursday as the company began volume production of its latest generation of high-bandwidth memory (HBM) chips, which can meet the huge demand for artificial intelligence (AI) faster.
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SK Hynix/Chip
Amazon Rumored To Exceed $1.8B Video Streaming Ad Target
Amazon has reportedly recently exceeded its $1.8 billion advertising goal for its video streaming service.
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Amazon
Boeing Layoffs Hundreds of Staffs amid Stalled Strike Resolution
Boeing announced that production of its best-selling 737 MAX and other models has been suspended due to the strike action, and the company has temporarily placed tens of thousands of employees on leave。
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Boeing/US stock/Layoff
Microsoft and BlackRock Launch Over $30bn Fund for AI Infrastructure
BlackRock and Microsoft will jointly launch a fund worth more than $30 billion to invest in AI infrastructure.
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Microsoft/BlackRock/AI
Asian Stock Markets Range Bound, FED Rate Cut in Focus
On September 18, most Asian markets maintained narrow fluctuations as investors kept a close eye on the upcoming Federal Reserve meeting, where the central bank is widely expected to cut interest rates.
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Global Economy/FED/Inflation
Amazon will expand its DSP program spending by $2.1 billion
Amazon has announced that it will invest $660 million over the next year to increase compensation for its delivery service partners (DSPs).
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US stock/Amazon/E-Commerce
Hurricane Disrupts Oil Refineries, Oil Prices Edge Up on Wednesday
Crude oil prices rose on Wednesday as concerns about the potential impact of Tropical Storm Francine on oil supplies outweighed worries about demand.
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Oil
Boeing: Engaged in "Good-Faith" Negotiations with Union on Labor Deal
Boeing said it is negotiating in “good faith” with the IAM on a new labor contract and that the company is not reserving any conditions for a second vote.
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Boeing
Asian Markets Fall On Monday; China Inflation Data Unexpectedly Mild
On Monday, Japan's Nikkei 225 fell 2.4% following last week's nearly 6% drop. The MSCI Asia Pacific ex-Japan index fell 1.2%, following last week's 2.25% drop, while South Korea's market fell 1.3%.
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Asian Markets
Amazon Sues U.S. Labor Commission
Amazon sued the U.S. Labor Commission, alleging it interfered in union elections and violated the Constitution.
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Amazon/US stock/E-Commerce
Disney-DirecTV Dispute Escalates, TV Bundling Services May Change
In recent times, mundane negotiations over retransmission rates between satellite TV provider DirecTV and Disney Television Networks have now morphed into a discussion about the future of traditional bundled programming packages.
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Disney/US stock
Nvidia Denies Receiving Subpoena From U.S. Justice Department
NVIDIA denied receiving a subpoena from the U.S. Department of Justice, according to a statement released Wednesday. The company said, “NVIDIA has contacted the U.S. Department of Justice and has not received any subpoena.”
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Nvidia
Nvidia's stock price plummeted 9.5%: AI investment cooling caused market concerns
On September 3, Nvidia's stock price fell sharply by 9.5%, one of the largest single-day market value drops for a US company.
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nvidia/AI/US stock
Tesla August EV Sales in China Increase 3% YoY
In August, Tesla's China-made electric vehicle sales increased by 3% year-on-year, and its China-made Model 3 and Model Y deliveries increased by 17% from July.
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Tesla/EVs/BYD
Nvidia to Become an Integrated Data Center Service Provider
Nvidia CEO Jensen Huang is pushing the company's strategy to become a full-service supplier of data center components.
09-032.70w
nvidia/Data Centers/AI
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