Apple's ($AAPL ) new iPhone Duo saw its initial pre-order inventory sell out almost immediately, with estimated delivery dates slipping from October 23 to November 16–23.
Nvidia CEO Jensen Huang believes that the competition in AI infrastructure is shifting from the simple procurement of GPUs toward the capability to build entire computing systems. Where do you see the most noteworthy investment opportunities in the AI industry? Is it in power?
Yesterday's CPI data was negative news, and today's PPI data won't be much better either. However, there will be a pullback tonight, and the short-term adjustment should be almost over.
What do you think about this? Welcome to leave comments and exchange views.
ASML saw its revenue surge by 55%, with net profit reaching €4.96 billion. Furthermore, equipment production capacity for 2027 and 2028 may still fall short of meeting customer demand. This helps alleviate market concerns regarding a sudden collapse in demand for AI hardware.
With the September CPI data set to be released, tonight’s market action marks a critical turning point. Keep a close eye on this AI-themed stock—currently trading at a low level and showing a surge in volume—which has the potential to rally threefold. [Not Financial Advice]
U.S. CORE INFLATION FORECAST ALIGNS WITH WALL STREET EXPECTATIONS
The Cleveland Fed's inflation nowcast points to core CPI rising 0.20% month-over-month, nearly matching analysts' median forecast of 0.21%.
Key figures:
* Headline CPI: +0.53% MoM, below analysts' forecast range of 0.55%–0.62%.
* Core CPI: +0.20% MoM vs. +0.21% expected.
The projections suggest core inflation could come in close to expectations, while headline inflation may surprise slightly to the downside.
GM friends! Do you know what you're wearing to the @AbsolutUS party on Friday? I have a feeling it's going to look like another Fashion Week runway! Here's one look I'm loving! #Absolutland@Decentraland
Suit: @ShopCider
Wings: @Clammyeth
Shoes: @enposh
Glasses: @RoustanNFT
Another scepter post, because I didn't get my @enposh shoes in the last one! Look how far we've come in only a few months. I love that everything you see has here was created by artists, programmers, and dreamers. Thanks @nwizDCL for the impromptu fashion show! @DecentralGames