PPI also came in hotter than expected, with inflation running firm for the second day in a row. U.S. September PPI: +1.3% month over month (vs. expectations of about +0.5%), and +6.3% year over year, the highest since December 2022. Core PPI rose 0.7% month over month and 5.0% year over year. Retail sales rose 0.8% month over month, also above the expected 0.3%—consumer spending hasn’t cooled yet. After CPI came in at 3.7% year over year the previous day, the two reports together put the market-implied odds of a 25-basis-point Fed rate hike on October 27–28 at about 34%. In short: inflation hasn’t cooled, rate-hike expectations are heating up, and the volatility isn’t over yet. #PPIWatch #CPI数据
Liquor stocks defy the downturn as all three major A-share indices tumble: Data reveals market trends
All three major A-share indices fell sharply, while the liquor sector stood out with significant gains. Technology stocks saw a marked correction amid new regulations for public mutual funds. The data reveals the market’s direction.#A股 #白酒板块 #TechStockCorrection
Personally selected by Jensen Huang, he once dropped out of school to mine crypto. Now he has landed a $300 billion AI computing deal, sending his company’s valuation soaring to $230 billion.
Nscale’s roughly $45 billion AI computing deal has pushed its valuation above $230 billion. Founder Josh Payne’s experience in crypto mining is particularly striking. #AI算力 #Nscale
Word is, the National Development and Reform Commission has said that domestic refined oil prices will remain unchanged on October 15. PetroChina and Sinopec will also make sure gas stations stay well stocked. No fuel price hike—so everyone can relax!
Takaichi fails to register for APEC, public unhappy with Japanese government’s stance
Japanese Prime Minister Sanae Takaichi’s failure to register to attend APEC has heightened tensions between China and Japan. The public has expressed dissatisfaction with the government’s stance on the issue, saying it would rather miss APEC than admit fault to China.#中日关系 #高市早苗 #APEC
Otega out with injury, fourth Thunder rookie in five years to have his season cut short
Otega has a ruptured Achilles and is out for the season. He’s the fourth Thunder rookie in the past five years to have his season cut short. That’s brutal.
The era of software piracy experienced by people born in the ’80s and ’90s seems to be coming back
The GitHub project REA has gone viral. Users can use AI tools to reverse-engineer software, sparking debate over technological equality and copyright issues. #科技新聞 #CopyrightControversy
Man City lost, but Maresca’s comments were truly surprising. He said losing isn’t scary—the scary thing is losing your composure. Looks like the team needs to get things back on track quickly!
疑云 surrounding ChaPanda’s IPO: Seeking legal advice; business operations are normal
ChaPanda’s IPO process is suspected of involving manipulation. The company has sought legal advice and is fully cooperating with the investigation. Currently, all business operations of the ChaPanda Group are proceeding normally.#茶百道IPO #InvestmentRisk
Guardiola watches from the stands as Manchester City lose at home to Paris: 0-3 at half-time, 2-4 at full-time
Manchester City hosted Paris Saint-Germain and trailed 0-3 at half-time, with Guardiola watching from the stands. Although the team mounted a comeback in the second half, they ultimately lost 2-4. Paris showed impressive technical analysis in key areas during the first half.
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