Market Overview - The U.S. stock market closed slightly lower, with major indices declining for three consecutive trading days due to economic data increasing uncertainty about the Federal Reserve's future interest rate cuts [1][3] - The Dow Jones Industrial Average fell by 173.96 points to close at 45,947.32, a decrease of 0.38%; the S&P 500 dropped 33.25 points to 6,604.72, down 0.50%; and the Nasdaq Composite decreased by 113.16 points to 22,384.70, also down 0.50% [1] Sector Performance - Most sectors in the S&P 500 closed lower, with only the energy sector rising by 0.9% and the technology sector slightly up by 0.03% [2] - Large-cap tech stocks showed mixed performance, with Tesla down 4.38%, Meta down 1.54%, and Amazon, Microsoft, and Google all declining by up to 0.94%. In contrast, Nvidia rose by 0.41% and Apple increased by 1.81% [2] Company News - Intel shares surged by 8.9% following reports that the company is in discussions with TSMC regarding potential investment or collaboration [3] - Chinese concept stocks mostly rose, with the Nasdaq Golden Dragon China Index up by 0.42%. Notable gainers included Kingsoft Cloud up over 6%, NIO and Xpeng both up over 4%, and Baidu and Li Auto up over 1%. Alibaba, however, fell by 0.55% [3] Economic Data - The U.S. Labor Department reported a decrease of 14,000 in initial jobless claims for the week ending September 20, adjusted to 218,000, indicating some resilience in the labor market [3] - The Bureau of Economic Analysis revised the second-quarter GDP growth rate to an annualized 3.8%, the fastest in nearly two years, driven by strong consumer spending and business investment. The first quarter GDP had previously contracted [3] Federal Reserve Outlook - Statements from Federal Reserve officials have added uncertainty to the policy outlook, with Chicago Fed President Austan Goolsbee expressing concerns about rapid interest rate cuts amid ongoing inflation risks [3] - Market expectations for a potential rate cut in October have decreased, with the probability of a 25 basis point cut dropping from approximately 92% to 83.4% [3] Investor Sentiment - Investors are looking forward to upcoming quarterly earnings reports, especially given the high valuation levels in the stock market [4] - Cherry Lane Investments partner Rick Meckler noted that current valuations are historically high, but a positive factor is the government's apparent willingness to allow large tech companies to continue expanding [4] Bond and Commodity Markets - In the bond market, the yield on the 10-year U.S. Treasury rose by 3 basis points to 4.177%, while the 2-year Treasury yield increased by 6.5 basis points to 3.663% [4] - In commodities, international oil prices showed mixed results, with WTI crude oil futures down 0.02% to $64.98 per barrel and Brent crude oil futures up 0.18% to $68.58 per barrel [4] - COMEX gold futures rose by 0.08% to $3,771.1 per ounce [5]

Core Insights - Intel's stock has seen a significant increase, closing up 8.87% on September 25, reaching its highest price since July 2024, attracting considerable market attention [1] - The recent rebound is attributed to substantial investments from the U.S. government and Nvidia, with the government purchasing a 9.9% stake for $8.9 billion, making it Intel's largest single shareholder, reflecting a strategic intent to enhance domestic tech competitiveness [1] - Nvidia has also invested $5 billion to collaborate with Intel on next-generation PC and data center chips, providing both financial support and a foundation for partnerships with other tech giants [1] - Intel is actively seeking investment from Apple to further its revival strategy, with discussions in early stages, as Apple views Intel as a potential partner for diversifying its chip manufacturing supply chain [1] Challenges - Despite the investments from the U.S. government, Nvidia, and SoftBank, Intel's foundry business requires a larger customer base and orders to improve capacity utilization [2] - The company is focused on enhancing its process technology competitiveness, particularly advancing the Intel 14A process, with plans for mass production of 14A and 18A nodes in the coming years [2] - Achieving these goals necessitates securing commitments from more external customers to ensure a positive feedback loop for its financial and technological investments [2] - In the highly competitive semiconductor industry, rapid technological iteration and market expansion are crucial for Intel's revival, requiring both financial backing and technological breakthroughs [2] - Investors should monitor Intel's progress in its foundry business and the mass production of new technology nodes as key indicators of its future growth potential [2] - Although uncertainties exist in Intel's foundry business, a combination of fiscal discipline and technological innovation may enable the company to reshape its position in the global semiconductor market [2]

每经编辑｜杜宇 当地时间9月25日，美股三大指数集体收跌，道指跌0.38%，纳指跌0.5%，标普500指数跌0.5%。 个股上，甲骨文跌超5%；特斯拉跌超4%，市值一夜蒸发645亿美元（约合人民币4602亿元）；Meta跌超1%；苹果涨超1%。 WTI原油期货收跌0.02%，报64.98美元/桶。布伦特原油期货收涨0.16%，报69.42美元/桶。 英特尔大涨近9%。消息面上，英特尔公司已就获得苹果公司的投资事宜与其接触。知情人士称，此举是为加强这家目前部分由美国政府持股的芯片企业的 业务基础。这些知情人士表示，苹果与英特尔还讨论了如何进一步深化合作。相关磋商仍处于早期阶段，未必会达成协议。如果协议达成，这笔交易将延续 近期对英特尔的外部注资浪潮：上周，英伟达宣布出资50亿美元，并计划与英特尔在个人电脑与数据中心芯片上展开合作。上个月，日本科技巨头软银集团 也宣布向英特尔投资20亿美元。 知情人士还称，英特尔已与其他多家公司接触潜在的投资与合作。 加密货币、减肥药概念股跌幅居前，Hut 8跌超7%，Circle跌超5%，诺和诺德、Coinbase跌超4%，礼来跌超3%。稀土概念、贵金属涨幅居前，赫克拉矿业涨 ...

Market Overview - The market is experiencing caution, with the S&P 500 on track for its longest losing streak in a month after a period of record highs [2][3] - The Dow is down approximately 0.4%, and the S&P 500 is closing around 6605, down 33 points or 0.5% [6][7] - The Nasdaq composite and NASDAQ 100 are down by similar amounts, while the Russell 2000 is down about 1% [7] Company Performance - Intel shares rose nearly 9% today, making it the top gainer in both the S&P 500 and NASDAQ 100, following an upgrade to neutral from sell by Seaport Global [13][14] - Lithium Americas also saw significant gains, up about 23% after a 96% gain the previous day [14] - CarMax was the worst performer in the S&P 500, down 20% due to weaker-than-expected results and challenges in the used car market [17][18] - Tesla shares fell 4.4%, with European sales down 22% last month, while overall European car sales rose 4.7% [19][20] Corporate Actions - Starbucks is closing about 1% of its stores in the U.S. and Canada, cutting 900 jobs as part of a turnaround plan, but the market reaction has been negative with the stock down [25][26] - The company has 360,000 employees globally, making the job cuts a small percentage of its workforce [28] Economic Indicators - Stronger economic data is impacting market sentiment, raising questions about the Federal Reserve's ability to continue cutting rates [23]

美东时间周四，三大股指连续第三个交易日集体下跌，此前公布的一系列政府数据和企业消息对经济前景释放出喜忧参半的信号。 （三大指数日内走势图，来源：TradingView） 截至收盘，道琼斯指数跌0.38%，报45,947.32点；标普500指数跌0.50%，报6,604.72点；纳斯达克指数跌0.50%，报22,384.70点。 盘前公布的数据显示，美国二季度GDP增速的最终值为3.8%，高于此前3.3%的预估。 根据最新的初请失业金数据，美国新增申领失业救济人数下降。而8月耐用品订单在飞机订单激增的带动下也出现反弹。 这三项数据共同支撑了这样一种观点：美国经济依然稳健，并有望再次升温——这一看法推动美股在过去几周屡创新高。 但交易员指出，市场对经济强劲的预期已基本消化，而周四市场也出现了一些与牛市叙事相背的信号。 与此同时，美债收益率走高进一步打压了科技股，促使投资者减仓规避风险。10年期美债收益率触及4.2%。 甲骨文成为拖累标普500指数的主要因素，该股下跌超5%，连续第三个交易日走低。市场对人工智能（AI）交易热潮的持续性仍心存疑虑。截至周四收盘， 甲骨文较近期高点已下跌近16%。 热门股表现 大型科技 ...

分组1 - CarMax shares fell 20% after reporting lower-than-expected sales and profits for its fiscal second quarter, with CEO Bill Nash citing challenges such as demand pull-forward and inventory depreciation [3] - Intel shares rose 8.9% following reports of investment talks with Apple, marking a significant performance in the S&P 500 [4] - Jabil reported better-than-expected revenue and earnings per share, but its shares dropped 6.7% due to pressures in its automotive and renewable energy segments [5] - Oracle's stock received a "sell" rating from Rothschild Redburn, which believes the market is overly optimistic about Oracle's contracted cloud revenue, leading to a 5.6% drop in shares [6] - HSBC successfully conducted a bond trading trial using IBM's quantum computers, achieving a 34% improvement in trade execution predictions, while IBM shares increased by 5.2% [7] - Lithium Americas shares surged 23% after nearly doubling previously, driven by reports of potential government investment, as the company holds a majority stake in the Thacker Pass lithium mine [8] 分组2 - Major U.S. equities indexes declined for the third consecutive day, with the S&P 500 and Nasdaq down 0.5% and the Dow down 0.4% ahead of an upcoming inflation report [2] - The U.S. economy showed stronger growth than previously thought in Q2, which may influence market sentiment [9] - Starbucks is closing shops and cutting costs as part of its ongoing turnaround efforts [9]

I do not believe in timing the market. In hindsight, however, I couldn't have invested in Intel Corporation (NASDAQ: INTC ) at a better time. A little over a year ago, I turned bullish on INTC for the first timeDilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha. Dilantha’s expertise spans across various sec ...

Investors are piling into bullish bets on Intel, betting that a weeks-long rally following a string of investments from the US government, Nvidia and others will continue as the chipmaker seeks further tie-ups https://t.co/M1d93ieLJc ...

Market Overview - Major stock indices are experiencing a decline, with the Dow down approximately 170 points, the S&P 500 down about 0.5%, and the NASDAQ also down around 0.5% [2][3] - The Russell 2000 index has seen a significant drop of nearly 1.5%, marking its worst week since early August [4] - The 10-year Treasury yield has increased by three basis points, while the 30-year yield is reported at 4.75%, below the 5% mark that typically concerns investors [5][6] Federal Reserve Insights - Federal Reserve officials are expressing caution regarding further interest rate cuts due to persistent inflation concerns, with Kansas City Fed President Jeff Schmid indicating inflation remains too high [11][12] - Chicago Fed President Austin Goulby has voiced unease about front-loading rate cuts based solely on weaker payroll data, emphasizing the need for a balanced approach [13][14] - Fed Governor Michael Bar has suggested that while rate cuts may be necessary, inflation monitoring remains crucial, indicating a potential for three rate cuts by the end of the year [15][16] Economic Data - Recent economic data has shown stronger-than-expected results, with Q2 GDP revised up to 3.8% and jobless claims falling to 218,000, below consensus expectations [19][21] - Durable goods orders and retail sales have also indicated robust consumer spending, suggesting that the anticipated downturn may be overstated [21][22] Housing Market - New home sales surged over 20%, reaching their fastest pace since 2022, while existing home sales remained flat [66][68] - Mortgage rates have decreased from a peak of 6.9% to 6.3%, contributing to a stabilization in the housing market [70][72] - Builders are expected to continue using incentives to drive sales, but overall demand remains sluggish due to affordability issues [72][75] Company-Specific Developments - Intel's stock has been upgraded to neutral amid reports of potential investments from Apple, although long-term fundamentals remain a concern [83][86] - Tesla's European sales have dropped over 20% in August, marking the eighth consecutive month of decline, while competition from Chinese manufacturers like BYD is intensifying [88][89] - Starbucks is implementing a $1 billion restructuring plan, which includes closing unprofitable locations and cutting 900 corporate jobs, as the company faces its sixth straight quarter of declining same-store sales [91][93]

what was the structure of what they discussed and what do we know about the status of those talks. >> Yeah, these are early talks. I would say there are still a few unknowns.Uh there's no sense at this point what that investment could look like. There has definitely been some commentary this morning as people are sort of digesting this news and you can see Intel shares are up some 12% or so over the over the since yesterday and today um as they think about what this could mean for both companies. I think if ...