Sou Hu Cai Jing·2025-08-29 00:03Group 1: Market Performance - Major global stock indices showed mixed performance, with the Dow Jones Industrial Average at 45636.9, up 71.67 points or 0.16% [1] - The Nasdaq increased by 115.02 points, reaching 21705.16, a rise of 0.53% [1] - The S&P 500 rose by 20.46 points to 6501.86, reflecting a 0.32% increase [1] - The Shanghai Composite Index gained 43.25 points, closing at 3843.6, an increase of 1.14% [1] - The Shenzhen Component Index surged by 276.3 points, reaching 12571.37, a rise of 2.25% [1] - The Hang Seng Index fell by 202.94 points to 24998.82, a decrease of 0.81% [1] Group 2: Federal Reserve Insights - Federal Reserve Governor Waller supports a 25 basis point rate cut in September, anticipating further cuts in the next 3-6 months unless the August employment report indicates significant economic weakness [2] - Waller noted that the underlying inflation rate is close to 2%, with the policy rate expected to be 1.25 to 1.50 percentage points above the neutral rate [2] Group 3: Company Financials - Dell reported Q2 revenue of $29.8 billion, a 19% year-over-year increase, exceeding market expectations of $29.17 billion [4] - Dell's AI solutions shipments reached a value of $10 billion in the first half of the fiscal year 2026, surpassing the total for the entire fiscal year 2025 [4] - Dell expects full-year revenue for fiscal 2026 to be between $105 billion and $109 billion, with Q3 revenue guidance between $26.5 billion and $27.5 billion [4] Group 4: Investment and Financing - Commonwealth Fusion Systems (CFS) secured $863 million in funding, with investors including Nvidia and Alphabet, to advance its fusion energy demonstration system and develop its first commercial fusion power plant [5] Group 5: Target Price Adjustments - Multiple institutions raised Nvidia's target price, with Bank of America increasing it from $220 to $235, and Morgan Stanley from $206 to $210 [7] - Other notable adjustments include Citigroup raising its target from $190 to $210, and Bernstein from $185 to $225 [7] - Argus Research significantly raised Nvidia's target price from $150 to $220 [8]