Ayman Zaid/iStock Editorial via Getty Images Alibaba (NYSE:BABA) released over 100 open-source artificial intelligence models, as its Cloud unit's annual flagship event, Apsara kicked off on Thursday. The Chinese tech giant also unveiled a new text-to-video tool based on its AI models. The open-source models are based on the company's large language model, or LLM, Qwen 2.5, and are designed for use in areas including, automobiles, gaming and science research. The LLMs also have more advanced capabilities in math and coding, according to a report from CNBC. China's cloud services market has seen a price war with players such as Baidu (BIDU) Alibaba, ByteDance (BDNCE), Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) and iFlytek cutting prices of their large language models, or LLMs, which power AI chatbots. \"In the past year, the price of Tongyi large model API on Alibaba Cloud’s ModelScope has dropped by 97%. The lowest cost for deploying a million Tokens is now just RMB 0.50. The cost of inference is a critical factor for application proliferation, and Alibaba Cloud will continue to further reduce user costs,\" said Eddie Wu, Chairman and CEO of Alibaba Cloud Intelligence, in his keynote speech, according to Alizila, Alibaba's news portal. Wu noted that the company has seen that over 50% of new computing power demand stems from AI, and AI computing needs are at the forefront of demand. He expects this trend is set to grow exponentially. Wu added that despite Alibaba Cloud's investments in AI computing capacity over the past year, it still falls short of meeting its customers' \"voracious demand.\" The new AI models are between 0.5B and 72B parameters and support for over 29 languages, as per a report from Reuters.

shaunl New car registrations in the European Union showed an 18% drop in August, witnessing declines in the four major markets of the region. Germany took the biggest hit with a drop of 27.8%, and France of 24.3%, Italy 13.4%, and Spain 6.5%, the European Automobile Manufacturers' Association (ACEA) said on Thursday. August's 18.3% decline compares to July's modest 0.2% rise. So far in 2024, new car registrations have increased by 1.4%, reaching almost 7.2M units. A striking decline was seen in the battery electric vehicles ((BEVs)) of 43.9% to 92,627 units compared to 165,204 units in August 2023. Its total market share declined to 14.4% from 21% a year before. The sharpest decline was seen in Germany (-68.8%) and France (-33.1%). Plug-in hybrid car registrations saw a decrease of 22.3% last month. Its market share slipped to 7.1% from 7.4% last year. The only segment that saw growth was the hybrid-electric vehicles, up by 6.6% in August to 201,552 units, with three of the four largest markets seeing gains. Its market share climbed to 31.3% from 24% in August 2023. In August 2024, petrol car sales declined by 17.1%, and the diesel car market saw a decline of 26.4%. The overall automotive market is undergoing shifts, with traditional internal combustion engine vehicles still holding a significant share despite their gradual decline. Tickers to watch: Volkswagen Group (OTCPK:VLKAF), Stellantis (STLA), Renault Group (OTCPK:RNSDF), Hyundai (OTCPK:HYMTF), Toyota Motor (TM), BMW (OTCPK:BMWYY), Mercedes-Benz (OTCPK:MBGAF), Ford Motor (F), Volvo Cars, Tesla (TSLA), Nissan (OTCPK:NSANY), Suzuki (OTCPK:SZKMY).

piranka/E+ via Getty Images Steelcase shares (NYSE:SCS) fell more than 10% in premarket trade on Thursday after it missed estimates for second quarter revenue, while the profit outlook for the full-year fell short of consensus estimates amid weakness in international orders. The company sees full-year 2025 EPS in the range of $0.86 to $1.01, vs analysts' estimate of $0.98, while Q3 revenue forecast of $785 to $810 million, was below estimates of $812.08 million. Steelcase (SCS) said orders declined modestly in the second quarter compared to the prior year, including a 3% growth in the Americas and an 11% decline in the international market. \"The order growth in the Americas was primarily driven by government, education, and healthcare customers, while orders from large corporate customers declined compared to the prior year after several quarters of strong year-over-year growth,\" Steelcase (SCS) said in a statement. Steelcase further noted that the order decline internationally was driven by weakness across most major markets, with the exception of India. However, it expects order patterns from its \"largest corporate customers to return to growth in the second half of the year.\" Steelcase's (SCS) backlog was approximately $680 million at the end of the second quarter, which was approximately flat compared to the prior year and contained a higher percentage of orders expected to ship within ninety days compared to the prior year.

トータルエナジーズ （ NYSE ： TTE ） は、 CNOOC と中国に年間 125 万トンの LNG を供給する契約を 2034 年まで延長し、世界の主要な LNG プレーヤーとしての地位を確立しました。この取引は、中国の石炭からの発電転換における重要な移行エネルギーとして天然ガスの販売を増やすという同社の目標を支持しています。トータルエナジーの LNG 担当シニアバイスプレジデントであるグレゴリー · ジョフロイ氏は、「この契約により、アジアでの長期販売を確保し続け、スポットガス価格へのエクスポージャーを減らすことができます。

Wasan Tita Siris to sale Fiery to Seiko Epson Corporation (OTCPK:SEKEY) in a transaction valued at approximately $591 million, the company said on Wednesday. Fiery is a provider of digital front end servers and workflow solutions for the growing industrial and graphic arts print sectors. Fiery was acquired as part of Siris' take-private acquisition of EFI in 2019. The divestiture of Fiery is the second carveout that Siris has completed from the broader EFI portfolio, after previously selling eProductivity Software to Symphony Technology Group, announced in 2022. The transaction is expected to close within 2024. Source: Press Release

ドイツ(DAX：IND)+フランス(CAC：IND)+1.13%モルドバ8月の生産者価格は前年比0.2%低下した。スロバキアの経常赤字は7月に3.042億ユーロに上昇した。オーストリアの8月の年間インフレ率は2.3%に低下した。FRBが4年ぶりに利下げした後、汎オストク600指数は0.71%上昇した。FRBは50ベーシスポイントの大幅な利下げを行い、投資家の懸念を緩和した。投資家が今注目しているのはイングランド銀行で、8月に25ベーシスポイント下げて5%になると予想され、イングランド銀行は金利を一定に保つ。まもなく来る会議：イギリス中央銀行の金利決定はアメリカ東部時間午前7時に予定されている。債券市場では、米国の10年物国債利回りが1ベーシスポイント上昇し、4.00%に上昇した。ドイツの10年物国債収益率は1ベーシスポイント上昇し、2.02%に達した。英国の10年物国債利回りは1ベーシスポイント未満で3.85%に上昇した。通貨：(ユーロ：ドル)(英ポンド：ドル)(スイスフラン：ドル)ETF：(EWG)，(GF)，(EWI)，(EWQ)，(FGM)，(DAX)，(FLGR)，(FXB)，(EWU)，(FKU)，(EWUS)，(FLGB)，(GREK)

Hess Midstream (NYSE:HESM) announced the pricing and upsize of the previously announced secondary public offering of 11 million shares of its Class A shares representing limited partner interests in HESM by an affiliate of Global Infrastructure Partners. The offering was upsized from the previously announced offering of 10 million Class A shares. The selling shareholder has granted the underwriter a 30-day option to purchase up to 1.65 million additional Class A shares. HESM will not receive any proceeds from the sale of Class A shares in the offering. The offering is expected to close on September 20, 2024. The stock price is down 2.71% on Thursday during premarket.

Topgolf Callaway Brands (NYSE:MODG) has entered into a multiyear agreement with Golf Saudi Entertainment, LLC to bring Topgolf Callaway Brands' family of brands, including Topgolf, Callaway, TravisMathew, Odyssey, and Ogio, to Saudi Arabia. As per the terms of the pact, Golf Saudi will construct three Topgolf venues by 2028 and may open two more in the future. Callaway Golf, Odyssey, TravisMathew, and Ogio will provide equipment and apparel for Saudi National golf teams, Saudi Elite golf professionals, and Golf Saudi facility pros. Golf Saudi will exclusively distribute Callaway Golf, Odyssey, and Ogio products in Saudi Arabia.

American Healthcare REIT （ NYSE ： AHR ） は、 1740 万株の引受公募を 1 株当たり 23.55 ドルで価格設定しました。引受人には、最大 261 万株の追加購入を 30 日間オプションがあります。純利益は、合弁会社のトロジー · ホールディングスにおける 24% の少数株主権を購入するオプションの行使と、クレジットラインの下で残っている債務の一定額の返済に充当されます。オファリングは 2024 年 9 月 20 日に締めくくられる予定です。AHR の株価は、水曜日の取引後の時間中に 3% 下落しました。

Wirestock / iStock 社説 via Getty Images 中国開発銀行のファイナンシャルリース部門は、ボーイング （ NYSE ： BA ） 737 Max 8 ジェット機 50 機を購入し、 1 週間で 2 番目の主要な航空機発注をマークすると発表した。この受注は、中国の受注の低迷に直面し、組合ストライキや品質問題と格闘している航空機メーカー （ BA ） にとって後押しの可能性が高い。同社は 2028 年から 2031 年の間に航空機を納入する予定であると CDB Aviation は声明で述べた。中国開発銀行ファイナンシャルリーシングは、この注文は艦隊構造を最適化し、先進技術を備えた次世代航空機の割合を増加させると述べた。中国のバイヤーによる航空機購入は、緊張した米国のために 2018 以来大幅に鈍化しています。中国の関係が、ゆっくりと回復する。

Justin Sullivan/Getty Images News Semiconductor company Ampere Computing, backed by Oracle (NYSE:ORCL) and Larry Ellison, is likely considering a potential sale, according to a Bloomberg report that cites people familiar with the matter. The Santa Clara, California-based company collaborated with a financial adviser to assess takeover interest from larger industry players but has not ruled out the option of remaining independent. The sale consideration may indicate that Ampere does not foresee an IPO as an easy path, the report said. The ongoing AI boom could benefit the company, but the semiconductor market has become increasingly competitive, with other tech firms also developing similar chips. Though the chipmaker seems to have stepped back from pursuing an immediate IPO, the possibility remains for the future, people with knowledge of the matter said. Ampere was valued at $8B in a proposed minority investment by SoftBank Group (OTCPK:SFTBY) in 2021. Oracle (ORCL) stock has gained about 46% over the last year, and it gets a Seeking Alpha quant rating of Hold with the highest factor grades given to profitability.

Andy Andrews Bel Fuse (NASDAQ:BELFA) (BELFB) to acquire a majority stake in Enercon Technologies from Fortissimo Capital based on an enterprise value of $400M. Bel will acquire an 80% stake upfront for $320M in cash plus up to $10M of potential earnout payments for the 2025-2026 period, with the intent to purchase the remaining 20% by early 2027 based on future EBITDA performance. The transaction Expands Bel’s (BELFA) exposure to the aerospace and defense end market from 17.5% to 31% of total revenue. It is expected to be accretive to Bel’s GAAP EPS within one-year post-close, and to Bel’s non-GAAP EPS from day 1. The company intends to finance the acquisition through a combination of cash on hand and an expansion of its existing credit facility.

hapabapa/iStock Editorial via Getty Images Palantir (NYSE:PLTR) awarded a $99.8M firm-fixed-price contract for user licenses for the Maven Smart System AI tool, ancillary software support and hardware. Work has an estimated completion date of Sept. 24, 2029. Army Contracting Command is the contracting activity.

Kachura Oleg / iStock via Getty Images オーストラリアの失業率は予測通り、 7 月の 2.5 年ぶりの高水準から変わらず 4.2% と推移しました。データによると、雇用者は 8 月に 47，500 人の雇用を増加させ、エコノミストが予想した 25，000 人の 2 倍近くとなった。失業者は 1 万 5000 人と 62 万 7 千人に減少し、フルタイムの求職者は 7 万 4000 人と 42 万 1，900 人、パートタイムの求職者は 3 万 2000 人と 20 万 5 千人に減少した。労働市場が依然としてタイトであるため、世界の中央銀行の成長傾向に反して、短期的に利下げを行う可能性は低い。S & P / ASX 200 指数は木曜日に 0.4% 上昇し、 8，170 を上回り、強力な労働市場レポートに続いて過去最高を記録しました。ETF： （ EWA ） 、 （ FXA ） 、 （ FLAU ） 。

SlavkoSereda/iStock via Getty Images Crude oil futures pared losses but still settled lower after the Federal Reserve opted for a 50-basis point interest rate cut, the larger of the two options markets were considering and a move that some analysts see as likely to lift demand for crude but others view as signaling a weak U.S. economy. A larger than expected weekly draw in U.S. crude stocks also provided little help for oil prices, which continue to be weighed by persistent concerns about weakening global demand that have kept a lid on oil's recent bump up from multi-year lows. Commercial crude oil stockpiles in the U.S. fell by 1.6M barrels to 417.5M barrels in the week ended September 13 and were ~4% below the five-year average for the time of year, the U.S. Energy Information Administration reported. Investors may have linked the drawdown to Hurricane Francine, a short-lived event in which \"the numbers have a tendency to boomerang back in the opposite direction in the next week's report, after oil infrastructure comes back online,\" Mizuho's Robert Yawger said, according to Reuters. Oil futures had gained in the previous session, helped by worries over a renewed rise in Middle East tensions after thousands of pagers used by Hezbollah operatives in Lebanon exploded in an attack that the group blamed on Israel; a second round of attacks targeting walkie-talkies caused explosions across Lebanon on Wednesday. But traders turned skeptical about the possibility of a supply shock in the region, and Tuesday's gains likely reflect the reduction of a large net short futures position, Pepperstone head of research Chris Weston said, as reported by Dow Jones. Finally, the Department of Energy confirmed it is seeking bids for 6M barrels of crude oil for delivery next year to the U.S. Strategic Petroleum Reserve. Front-month Nymex crude (CL1:COM) for October delivery closed -0.4% to $70.91/bbl, and front-month November Brent crude (CO1:COM) ended -0.1% to $73.65/bbl. U.S. natural gas futures settled lower ahead of this week's inventory report, with the Nymex front-month October contract (NG1:COM) settling -1.7% at $2.284/MMBtu. ETFs: (NYSEARCA:USO), (BNO), (UCO), (SCO), (USL), (DBO), (DRIP), (GUSH), (USOI), (UNG), (BOIL), (KOLD), (UNL), (FCG) Indian officials said the country plans to continue to buy relatively cheap Russian oil despite Western sanctions, as Oil Minister Hardeep Singh Puri reiterated at Houston's GasTech conference that India will continue to procure oil and gas at the most competitive prices from any source. Russian crude accounted for 44% of India's overall imports in July, or just over 2M bbl/day, more than 4% higher than in June and 12% more than the year-earlier total; China's oil imports from Russia in July totaled 1.76M bbl/day.

AutumnSkyPhotography/iStock Editorial via Getty Images The EU's General Court largely upheld a fine imposed on Qualcomm (NASDAQ:QCOM), reducing it to €238.73M from the €242M imposed by the European Commission, or EC. In 2009, British company Icera filed a complaint with the EC against U.S. chipmaker Qualcomm and the following year the agency began an investigation. In 2012 Nvidia (NVDA), which acquired Icera in May 2011, supplied further information, adding to the complaint and made allegations of predatory pricing against Qualcomm. The EU antitrust regulator defined the relevant market as slim and integrated baseband chipsets compliant with the Universal Mobile Telecommunications System, or UMTS, standard. The Commission found that Qualcomm held a dominant in that market globally, at least between Jan. 1, 2009 and Dec. 31, 2011. The EC concluded that Qualcomm abused its dominant position by supplying certain quantities of some of its UMTS chipsets to two customers, Huawei and ZTE, below cost prices, with the aim of eliminating Icera, its main competitor at the time, the General Court said in a press release on Wednesday. Qualcomm had requested the Court to annul or to reduce substantially the amount of the fine. \"In its judgment, the Court makes a detailed examination of all the pleas put forward by Qualcomm, rejecting them all in their entirety, with the exception of a plea concerning the calculation of the amount of the fine, which it finds to be well founded in part,\" said the General Court. The General Court noted that an appeal may be brought before the Court of Justice against its decision within two months and 10 days of notification of the decision. The Court of Justice of the European Union, or CJEU, consists of two courts — the Court of Justice and the General Court.

CI Financial （ TSX ： CIX ： CA ） は、 2027 年 9 月 20 日に満期する半年支払金利 6.0 0% の総元本額 3 億 2500 万ドルの債券の売却契約を締結しました。CI Financial （ CIX ： CA ） は、 2022 年 11 月 18 日付のベースシェルフ目論見書に基づき、本次募集を行っています。債券の売却による純利益は、既存の債務のリファイナンスに充て、残りは、企業の一般目的に使用されます。

ユーロ圏のインフレ率は、 2024 年 7 月の 2.6% から 8 月の 2.2% に低下しました。ユーロ圏の消費者物価指数は、 8 月に前月比 0.1% 上昇しました。 ETF： （EWG）， （GF）， （EWI）， （EWQ）， （FGM）， （DAX） 通貨： （EUR： USD）

トータルエナジーズ （ NYSE ： TTE ） は、 2027 年から 10 年間年間年間年間 110 万トンの LNG を供給する BOTA S との契約を締結しました。この長期契約により、トルコの LNG 市場における TotalEnergies のプレゼンスを強化し、スポット市場のガス価格変動へのエクスポージャーを低減しながら、長期的な販売を確保します。世界第 3 位の LNG プレーヤーであるトータルエナジーは、ガスバリューチェーンにおける炭素排出削減とメタン排出の排除に注力し、 2030 年までに販売ミックスに占める天然ガスを 50% 近くに増やすことを目指しています。

Box (NYSE:BOX) announced the pricing of $400 million aggregate principal amount of 1.50% convertible senior notes due 2029 in a private placement. In addition, it has granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes. The sale of the notes is expected to close on September 20, 2024. The notes will bear interest at a rate of 1.50% per year. Interest will be payable semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2025. The notes will mature on September 15, 2029. The initial conversion rate will be 23.0102 shares of Box’s Class A common stock per $1,000 principal amount of notes, representing a premium of approximately 30% over the last reported sale price of Box’s common stock on the NYSE on September 17, 2024. Box estimates that the net proceeds from the offering will be approximately $389.2 million, including $447.8 million if initial purchasers opt to buy additional notes in full. Box expects to use approximately $45.6 million of the net proceeds for capped call transactions, approximately $191.7 million of the net proceeds for repurchase of $140.0 million of its outstanding 0% convertible senior notes due 2026, and the remainder of the proceeds for working capital and other general corporate purposes. In connection with the notes offering, Box entered into capped call transactions with certain of the initial purchasers and/or their respective affiliates and certain other financial institutions. Box is required to make in excess of the principal amount of converted notes to a cap initially equal to $66.86, representing a premium of 100% over the last reported sale price of Box’s common stock on NYSE. Furthermore, in connection with the issuance of its 2026 Notes, Box entered into capped call transactions with certain financial institutions, that is, the existing-capped call counterparties, to unwind a portion of the existing capped call transactions corresponding to the principal amount of the 2026 Notes repurchased. Box expects to receive approximately $30.3 million in connection with the unwind transactions, which it intends to use for general corporate purposes.

Imaginima/iStock via Getty Imagesロンドン(UKX)−イギリスの8月のインフレ率は2.2%を維持しており、イギリスメーカーが生産した商品の出荷価格は8月に前年比0.2%上昇した。ドイツ(DAX：IND)-0.02%フランス(CAC：IND)-0.02%スウェーデンの8月の失業率は7.9%に上昇した。Georgiaの第2四半期のGDPは前年同期比9.6%増加した。パンオストク600指数は0.20%下落し、医療類株は疲弊した。トレーダーはFRBの同日夜の通貨政策決定前に大挙して押注することを避けた。FRBは2020年以降初めて貸借コストを削減する見通しだ。この会議の主な議題は：ユーロ圏がすぐにインフレになると予想されることだ。債券市場では、米国の10年物国債利回りが1ベーシスポイント上昇し、3.65%に上昇した。ドイツの10年物国債収益率は1ベーシスポイント未満で、2.15%まで上昇した。英国の10年物国債収益率は3ベーシスポイント上昇し、3.80%に達した。通貨：(ユーロ：ドル)(英ポンド：ドル)(スイスフラン：ドル)ETF：(EWG)，(GF)，(EWI)，(EWQ)，(FGM)，(DAX)，(FLGR)，(FXB)，(EWU)，(FKU)，(EWUS)，(FLGB)，(GREK)

Elen11/iStock via Getty Images Eutelsat Group (OTCPK:EUTLF) and Mitsubishi Heavy Industries (OTCPK:MHVYF) have entered an agreement for multiple launches by an H3 launch vehicle from 2027, the companies said on Wednesday. This is the first agreement between Eutelsat and MHI, and the announcement cements the growing partnership between both companies. Eutelsat Group (OTCPK:EUTLF) has consistently worked with leading launch providers to deliver its fleet into orbit and this latest agreement brings additional diversity and additional opportunities to launch Eutelsat’s satellites in the coming years, the company said. Source: Press Release