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• Trump said he would agree to debate Harris again on NBC or Fox.

US Republican presidential candidate Donald Trump said he would agree to debate Democratic presidential candidate Kamala Harris on NBC or Fox. "I'm willing to do it on NBC, and I'm willing to do it on Fox, but now we have to determine if we want to do it," he told reporters.

• "New Federal Communications Agency" comments on CPI data: It is expected that the interest rate cut in September will not reach 50 basis points.

Renowned financial journalist Nick Timiraos, known as "New Federal Communications Agency", wrote that the inflation data in August paved the way for the gradual reduction of interest rates by the Federal Reserve next week, but a significant 50 basis points rate cut is not expected. The relatively strong housing inflation led to a slightly higher-than-expected increase in core prices in August, which may make it more difficult for Fed officials to push for a larger 50 basis points rate cut at the upcoming Fed meeting next week.

However, some officials have not completely ruled out the possibility of a larger rate cut. At the same time, while the easing of inflation provides some relief for burdened households, the labor market is also cooling off, with recruiting and wage growth slowing down, and the average duration of unemployment increasing as finding a job becomes more difficult.

• Goldman Sachs CEO: The Federal Reserve has reason to cut interest rates by 50 basis points at once.

Goldman Sachs CEO David Solomon said that due to the soft job market, the Fed could still opt for a larger rate cut than expected. Solomon said in an interview on Wednesday that given the weaker labor market conditions, the Fed has reason to cut rates by 50 basis points, 'I think the possibility is slightly higher than 30%.'

Solomon believes the most likely scenario is a 25 basis point rate cut, with two to three cuts before the end of the year. The 62-year-old banker also predicted in May that there may be no rate cuts in 2024, although he still sees a soft landing as the most likely outcome.

• The bid yield for the US 10-year Treasury note issuance was 3.648%, lower than the pre-issuance trading level.

The bid yield for the US Department of the Treasury's reissuance of $39 billion of 10-year Treasury notes was reported at 3.648%, the lowest since May 2023, while the pre-issuance trading level at 1 p.m. Eastern Time was 3.662%.

The market reacted calmly to the issuance results; the yield on the 10-year Treasury note rose about 1 basis point intraday, and the 2s10s spread narrowed by about 2 basis points. The bid-to-cover ratio was 2.64 times, compared to an average of 2.53 times for the previous six reissuances. Primary dealers received 10.2%, the lowest since August 2023. Direct bidders accounted for a share of 13.7%, while indirect bidders accounted for 76%.

• OpenAI is reportedly in talks to raise funding with a valuation of $150 billion.

According to sources, OpenAI is in talks to raise $6.5 billion from investors with a company valuation of $150 billion. The new valuation, which does not include the funds being raised, is significantly higher than the $86 billion valuation the company sought in an offer earlier this year, solidifying its position as one of the most valuable startups in the world.

One of the sources also revealed that OpenAI is in discussions to secure a $5 billion revolving loan from banks. The discussions are ongoing and the figures may change.

Gamestop's surge has dramatically narrowed, with the trading platform considering unplugging the internet of US retail investors.

• The three major U.S. stock indexes rebounded sharply, with Blackwell chips in high demand, and Nvidia rose more than 8%.

With multiple positive factors, the Nasdaq staged a deep V takeoff. As of the close, the S&P 500 index rose 1.07%, the Nasdaq index went from a decline of more than 1% to a final increase of 2.17%, and the Dow Jones Industrial Average rose 0.31%.

On Wednesday, tech giants rose together, with Nvidia up 8.15%, Apple up 1.16%, Microsoft up 2.13%, Amazon up 2.77%, Meta up 1.39%, Google-A up 1.68%, Tesla up 0.87%, and Intel up 3.48%.

Chinese concept stocks continued to rise moderately, with the Nasdaq Golden Dragon China Index up 1.02%. Alibaba was up 1.21%, Baidu was up 2.32%, Pinduoduo was up 2.39%, JD.com was up 2.23%, Netease was up 2.29%, Nio Inc. was up 2.19%, Li Auto Inc. was down 0.1%, and Xpeng was up 4.46%.

• Nvidia CEO: High demand for Blackwell causing tension in customer relationships

The stock of NVIDIA (NVDA.US) will split 1:10 after market close on June 7 (Friday), and the price per share will drop to around $100. The lower price will make NVIDIA more likely to be included in the Dow Jones Industrial Average. CEO Huang Renxun said on Wednesday that limited supply of popular chip products has frustrated some customers and strained relationships. Speaking at the Goldman Sachs Technology Conference in San Francisco, he told the audience, 'Demand is too high, everyone wants to be the first to get it, everyone wants to order the most. Our customers are quite excited, which is understandable. It is indeed tense, and we are doing our best.'

Huang Renxun told the audience that there is strong demand for the latest generation of Blackwell chips. Nvidia has outsourced the physical production of the hardware and suppliers are working hard to catch up. As of the close, Nvidia rose more than 8%.

• IBM rides the wave of AI and its stock price hits a new high in 11 years.

As of the close of trading on Tuesday, since the beginning of this year, $IBM Corp (IBM.US)$ the stock price has risen by 25.5%. Although the increase this year is far behind Nvidia, which has increased by more than 118%, it has already left behind the technology giants such as Apple, Microsoft, Amazon, and Alphabet.

Tim Pagliara, Chairman and Chief Investment Officer of investment advisory firm Capwealth Advisors, commented that IBM is a "stock that slowly and steadily wins the game". Although it is still somewhat overlooked in the tech sector, the recent price trend has proven that people are starting to realize its long-term success. At the close, IBM rose 2.23% to $209.89.

• Oracle stock price hits another all-time high, Founder's wealth approaches Bezos.

Since the announcement of the better-than-expected financial report this week, $Oracle (ORCL.US)$ The stock price has risen more than 12% in the past two days, with a cumulative increase of 49% this year, second only to Nvidia among AI concept stocks. Oracle founder Ellison's personal wealth surpassed Zuckerberg's after the stock price soared following the announcement of the financial report, ranking third in the world.

It is worth mentioning that despite the "Black Monday" of the US stock market on August 5 and the "Black Opening" on the first trading day of September 3, Oracle has still accumulated an increase of over 18% in the past month, far outperforming Nvidia. Even with an increase of over 8% on Wednesday, marking the biggest daily increase since the end of July, Nvidia's increase in the past month is also less than 8%.

• After the debate of the US presidential candidates, the photovoltaic sector emerged as the biggest winner, while stocks related to the Trump concept suffered setbacks.

After the ripples of the US presidential candidate debate, the photovoltaic solar sector emerged as the biggest winner. At the close, FTC Solar (FTCI.US) rose 101.29%, and Array Technologies (ARRY.US) rose 15.99%. $FTC Solar(FTCI.US)$ rose 101.29%, $Array Technologies(ARRY.US)$ rose 15.99%, $First Solar (FSLR.US)$ Increased by 15.19%. Maxeon Solar Technologies (maxeon solar technologies us)Please use your Futubull account to access the feature.$Canadian Solar (CSIQ.US)$Please use your Futubull account to access the feature.Shoals Technologies (SHLS.US) Also increased by at most 13.75%.

As mainstream opinion generally believes that Harris's performance exceeded expectations, trump concept stocks suffered. $Trump Media & Technology Group(DJT.US)$ Fell 10.47%, hitting a new low since the backdoor listing. Private prison concept stocks (Trump emphasized cracking down on illegal immigration) GEO Group Inc. Fell 6.83%.

• Russia is considering restricting exports of certain strategic raw materials, leading to a collective surge in uranium raw material producers in the US stock market.

Russian President Putin expressed on Wednesday that he hopes government ministers will consider the possibility of restricting exports of certain strategic raw materials, such as uranium, titanium, or nickel. This led to a collective surge in uranium raw material producers in the US stock market. ARK increased holdings in the spot ETF ARK 21Shares Bitcoin ETF in the second quarter, while selling off shares of the crypto giant. Closing up 6.05%, $Denison Mines (DNN.US)$ up 6.71%, $Energy Fuels (UUUU.US)$ up 8.41%, Uranium Energy up 12.36%. In addition to raw material stocks, small nuclear reactor startups NuScale Power(SMR.US) should be translated as NuScale Power (SMR.US). The increase is also close to 6%.

• Berkshire Hathaway is selling Bank of America again, but the pace of selling has slowed.

Under Buffett's company $Berkshire Hathaway-B (BRK.B.US)$ The company sold 5.8 million shares of stock worth about $0.2287 billion in the three days from last Friday to this Tuesday. Bank of America At present, Bank of America's holdings have fallen to Berkshire Hathaway's third largest position, after Apple and American Express. Analysts believe that Buffett may reduce his stake in Bank of America to below 10% to avoid continued reporting obligations.

• Competitors disclose details of weight loss drug research, which has caused Novo Nordisk and Eli Lilly to rise.

Due to the negative performance of companies such as [unknown], there is a general expectation of an 11% decline during the earnings season. The average quarterly decline in earnings per share is about 5%. In addition, simulation chip inventory replenishment has not been as rapid as expected, and the risk in the automotive terminal market (which accounts for 14% of semiconductor demand) is also increasing. Roche, and other pharmaceutical giants such as Roivant Sciences, are also laying out in the field of IBD. It was revealed on Wednesday that the Phase I trial results of the oral weight-loss drug CT-996, which were announced in July, were based on only six patients, and the uncertainty of the experimental conclusion has sparked competition among rival products. Among various sectors, banks rose by more than 1.4%, medical sector rose by nearly 1.4%, benefiting from the highest market value European pharmaceutical company, Novo Nordisk A/S (NVO.US), which is listed in Denmark and rose nearly 4%, setting a new high in its stock price, and thus sent Denmark's stock index to a new high. The technology sector rose by more than 1.2%. Among the constituent stocks, after the CEO provided positive guidance for 2026 and 2027, the German enterprise software giant SAP rose 3.6%. ASML, the Dutch-listed highest market value technology stock, which rose more than 1.5% after setting new record highs for two consecutive days and driving the AEX index to reach new highs for two consecutive days. rose 4.20%, $Eli Lilly and Co(LLY.US)$ rose 1.52%, with a turnover of 2.1 billion US dollars. The US Food and Drug Administration (FDA) analyzed the trial data of Eli Lilly's experimental Alzheimer's drug donanemab and found that it did not show significant safety signals, but also raised concerns about the safety of the drug in early patient treatment. rose 2.18%. Roche also explained that the Phase I trial was conducted using a process called titration, which aims to detect any unexpected side effects early on, and larger-scale clinical trials will be conducted in the later stages.

Top 20 US stock transactions

BeiShui crazily bought China Mobile for nearly HKD 1.8 billion and sold Tencent for about HKD 200 million. On Monday (June 3rd), Southbound funds net purchased HKD 3.4 billion of Hong Kong stocks.

• Beishui continued to increase its holdings in Alibaba by more than 3.1 billion Hong Kong dollars, and sold more than 5.5 billion Hong Kong dollars of the Tracker Fund of Hong Kong.

On September 11 (Wednesday), the southbound funds net sold 5.904 billion Hong Kong dollars of Hong Kong stocks yesterday.

Alibaba-W(09988.HK),CNOOC (00883.HK),Industrial and Commercial Bank of China (01398.HK)Net purchases of HK$3.122 billion, HK$0.283 billion, and HK$0.205 billion respectively.

$Tracker Fund of Hong Kong (02800.HK)$ received a net purchase of HK$1.615 billion, HK$0.615 billion and HK$0.492 billion, respectively;,Received net purchases of HKD 1.771 billion, HKD 693 million, and HKD 569 million, respectively.,Tencent (00700.HK)Net sales of 5.567 billion Hong Kong dollars, 1.019 billion Hong Kong dollars, and 0.808 billion Hong Kong dollars respectively.

• China Ping An's net income for the first half of the year was 74.619 billion yuan, a year-on-year increase of 6.8%

China Ping An Insurance (02318.HK) Announcement, the operating profit attributable to the parent company's shareholders in the first half of the year was 78.482 billion yuan, a year-on-year decrease of 0.6%; the net income was 74.619 billion yuan, a year-on-year increase of 6.8%. In the first half of the year, life insurance, health insurance, property insurance, and the core business of banks achieved growth, with the combined operating profit attributable to the parent company's shareholders reaching 79.565 billion yuan, a year-on-year increase of 1.7%. At the same time, Ping An attaches importance to shareholder returns and will distribute an interim dividend of 0.93 yuan per share in cash to shareholders.

• Sinopec Corp increased its holdings by 0.273 billion shares, with a cumulative increased amount of 1.187 billion yuan

$Sinopec Corp(00386.HK)$ Announcement: As of September 11, Sinopec Group and its wholly-owned subsidiaries have cumulatively increased their holdings by 0.273 billion shares, accounting for approximately 0.22% of the company's total issued shares, with a cumulative increased amount of 1.187 billion yuan. It is reported that Sinopec Group will continue to increase its holdings of the company's shares in the future in accordance with the increase plan.

The company's overall sales volume in 2023 was 18,000 kiloliters, with a year-on-year increase of 28.10%, indicating significant growth. In terms of product structure, the operating income of products worth 10-30 billion yuan were 401/1288/60 million yuan respectively.

关键词：美国8月PPI、初请失业金人数；欧洲央行公布利率决议；Adobe财报

财经数据方面，美国至9月7日当周初请失业金人数、美国8月PPI值得特别留意。

财经事件方面，欧洲央行将公布利率决议，随后欧央行行长拉加德将召开货币政策新闻发布会。

财报方面， AI领域热股、多媒体软件公司 Adobe (ADBE.US) 将披露最新财报。

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