Nvidia(US:NVDA) Feng Huang Wang·2025-08-25 22:08Market Overview - The Dow Jones index fell by 0.77% to 45,282.47 points, the S&P 500 index decreased by 0.43% to 6,439.32 points, and the Nasdaq index dropped by 0.22% to 21,449.29 points [2] - Market expectations indicate an 84% probability of a 25 basis point rate cut by the Federal Reserve in September [2] Economic Indicators - The upcoming release of July Personal Consumption Expenditures (PCE) data is crucial, as it is a key inflation indicator closely monitored by the Federal Reserve [3] Company News - Elon Musk's companies, xAI and X, have filed a lawsuit against Apple and OpenAI, alleging anti-competitive behavior aimed at suppressing competition in the AI sector [5] - Intel has warned that the U.S. government's 10% stake in the company could pose risks to its business, with the potential for the stake to increase to 15% if certain thresholds are not met [6] - Nvidia has launched the Jetson AGX Thor computing platform designed for robotics applications, with a starting price of $3,499 [7] - Nvidia has also introduced the Drive AGX Thor development kit for global automotive developers, available for pre-order with shipments starting in September [8] - Home Depot has extended the deadline for its acquisition offer for GMS to September 3, 2025, at a cash price of $110 per share [9] Stock Performance - Major tech stocks showed mixed performance: Nvidia rose by 1.02%, Microsoft fell by 0.59%, Apple decreased by 0.26%, Google increased by 1.16%, Amazon dropped by 0.39%, Meta fell by 0.20%, and Tesla rose by 1.94% [4] - Chinese stocks on Nasdaq had varied results, with the Nasdaq Golden Dragon China Index up by 0.11%, Alibaba up by 1.15%, JD.com up by 0.35%, Pinduoduo up by 0.87%, while NIO fell by 3.94%, Xpeng down by 2.86%, Li Auto down by 0.25%, Bilibili down by 3.04%, Baidu up by 2.13%, NetEase up by 2.81%, and Tencent Music up by 1.46% [4]