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Is China Phasing Out Nvidia? ByteDance, Alibaba Pull Back as In-House AI Chips Rise
TradingKey - As China’s domestic AI computing chips rise in capability, the U.S.-China tech rivalry is entering a new phase where software and hardware strengths are becoming increasingly balanced. After launching an antitrust investigation into Nvidia, China has further tightened restrictions on
TradingKey
Wed, Sep 17
Oracle Play Bloom Energy Soars 230% as Morgan Stanley Doubles Price Target, Betting Big on Oracle-Tied Growth
TradingKey - As capital markets celebrate Oracle’s entry into the AI core with record-breaking orders, Bloom Energy (BE.US), a U.S. clean energy company, is also surging at an astonishing pace. Its recent partnership with Oracle has propelled Bloom Energy’s stock to more than triple year-to-date, an
TradingKey
Wed, Sep 17
Baidu Jumps Over 16% to Annual High as Rating Upgrade Serves as Catalyst
TradingKey - During Wednesday's Hong Kong trading session, Baidu Group (9888.HK) saw its share price surge over 16%, marking the largest single-day gain since March 2023, while its U.S.-listed shares (BIDU.US) also closed up nearly 8% the previous night. The surge was driven by positive developmentsTradingKey
Wed, Sep 17
UK CPI Holds Steady in August — Central Bank Warns of 4% Peak in September! Why Is Inflation So Sticky?
TradingKey - Data released on Wednesday showed that the UK’s Consumer Prices Index (CPI) rose 3.8% year-on-year in August, unchanged from July and remaining at an 18-month high.TradingKey
Wed, Sep 17
CATL Reaches New Highs Twice in a Week; Morgan Stanley Says Core Strengths Defy Imitation
TradingKey - On Wednesday, September 17, CATL's Hong Kong-listed shares (3750.HK) surged past HKD 500, with gains exceeding 6% at one point, setting a new record since its May listing. Its A-shares (300750.SZ) also rose nearly 8%.TradingKey
Wed, Sep 17
Google Unveils AI Payment Protocol With Coinbase As Partner For Stablecoin Integration
On Tuesday, the multinational tech company Google announced the release of a new payment protocol designed to streamline the process of sending and receiving money for artificial intelligence (AI) applications. This open-source initiative expands beyond traditional payment methods like credit and deBitcoinist
Wed, Sep 17
“UK Version of Stargate” Launched! NVIDIA, Microsoft, and OpenAI Boost UK AI Infrastructure
TradingKey - During U.S. President Donald Trump’s state visit to the United Kingdom, the U.S. and UK governments announced a landmark "Tech Prosperity Agreement" on September 16, paving the way for major American tech companies to make large-scale investments in artificial intelligence and digital i
TradingKey
Wed, Sep 17
Alibaba Jumps 3%, Market Cap Back Above HK$3 Trillion. Jack Ma Reportedly Returns to Alibaba
Alibaba shares jump 3% in Hong Kong, market cap back above HK$3 trillion.Jack Ma, who faded from the public eye at the end of 2020 due to an antitrust investigation, has now returned to Alibaba, according to foreign media reports.His involvement is the most direct in five years, particularly concernTiger News
Wed, Sep 17
Baidu Jump 11% to Over HK$125/Share, Nearly Two-Year High
On september 15, Baidu signed strategic cooperation agreement with China Merchants Group to explore “AI + industry” path.On September 15, the China Cybersecurity Week Entrepreneur Forum was held at the Dianchi International Convention and Exhibition Center in Kunming. China's Leading companies wereTiger News
Wed, Sep 17
Gold hits record high of 3,703 ahead of Fed decision
Gold price advances during the North American session after hitting a record high of $3,703 on Tuesday, poised to continue to trend up as traders await the Federal Reserve’s (Fed) monetary policy decision on Wednesday. At the time of writing, XAU/USD trades at $3,689, up 0.27%.
Fxstreet
Wed, Sep 17
Wall St Ends Lower; Nvidia Falls 2%; HIMS Drops 6%; Oracle up 1.5%; Alibaba Jumps 3%; BMNR up 5%; NIO Rises 8%; Bitfarms up 17%
Wall Street's three main stock indexes ended lower in choppy trading on Tuesday as caution set in ahead of an anticipated interest rate cut from the Federal Reserve.Investors are largely still pricing in a 25 basis-point cut from the U.S. central bank at the conclusion of its two-day meeting on WednTiger News
Wed, Sep 17
Wolfspeed Rockets 16% as Company Officially Rolls Out 200mm Silicon Carbide Portfolio
Wolfspeed shares jumped nearly 16% on Tuesday as the silicon carbide company officially rolled out its portfolio of 200mm silicon carbide products.Announced last week, the 200mm silicon carbide wafers have a wide range of end uses, including power electronics, electric vehicles, renewable energy, inTiger News
Tue, Sep 16
U.S. Stocks Thrive on a Weak Dollar: Deutsche Bank Highlights Dollar-Hedged ETFs
TradingKey - After U.S. tariffs sparked a wave of “de-dollarization,” the dollar has remained weak while U.S. stocks continue to hit record highs — a divergence that has drawn attention. On Tuesday, amid expectations of Fed policy easing, the U.S. Dollar Index (DXY) fell below 97 for the first time
Pre-Bell｜U.S. Futures Edge Up; Oracle Jumps over 5%; Novo Gains 3%; Alphabet, Tesla Rise About 1%; Nvidia Falls Slightly
U.S. stock index futures inched higher on Tuesday after the S&P 500 and the Nasdaq closed at record highs in the previous session, as investors remained expectant about interest rate cuts from the Federal Reserve later this week.Tiger News
Tue, Sep 16
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