Ireland Consumer Confidence: 63.2 (August) vs 61.6

The Trump administration is considering launching a new round of broad semiconductor tariffs, potentially expanding the scope from chips themselves to chip-containing products such as laptops, gaming consoles, and data center servers. The core contradiction of this policy is that while the U.S. seeks to drive the reshoring of semiconductor manufacturing, it simultaneously relies heavily on imported high-end chips to build AI data centers. If the scope of exemptions is narrowed, both the costs and uncertainties of AI infrastructure investments could rise.

TradingKey - As of the European session on August 27, gold prices (XAUUSD) maintained a range-bound consolidation intraday, trading near $4,600. On Wednesday, gold came under pressure following the release of US PCE data, briefly dipping below $4,600 intraday. Higher-than-expected inflation reinforced the possibility of further Federal Reserve rate hikes; however, gold remained range-bound today, indicating that market focus has shifted to Fed Chair Kevin Warsh's key speech at the Jackson Hole Economic Symposium this Friday.

Capital buzz surrounding the IPO alone is insufficient to drive the stock to continuous record highs. Whether CRM can break through its all-time high still depends on the actual enterprise renewal rates of Agentforce and Claudeforce, as well as whether traditional SaaS subscription seats can maintain steady growth.

After Nvidia (NVDA) released its second-quarter earnings report for fiscal year 2027 on August 26 Eastern Time, its stock price fell more than 2% at one point. As of press time, the decline narrowed to 1.24%, with the stock trading at $207.06. During the period, Nvidia's revenue grew 106% year-over-year and 18% quarter-over-quarter to $96.221 billion. The data center segment remained the primary driver of revenue growth, accounting for approximately 92% of the total revenue.

U.S. July core PCE inflation came in line with expectations, as inflation resilience reignited Federal Reserve rate hike expectations, pushing the three major U.S. stock indices slightly lower. Markets are focused on Fed Chair Kevin Warsh's speech at the Jackson Hole annual symposium on Friday to seek trading direction ahead of the September 16 policy meeting. At the close, the Dow Jones Industrial Average fell 0.21% to 53,463.88; the Nasdaq Composite Index slipped 0.08% to 26,130.20; and the S&P 500 Index dipped 0.02% to 7,675.70.