The acquisition at the heart of China's Nvidia probe, and Palo Alto joins a 'best ideas' list

Market Overview - The S&P 500 and Nasdaq have reached new all-time highs, driven by positive sentiment regarding a potential trade deal between the U.S. and China, particularly concerning TikTok's operations in the U.S. [1] - China's Ministry of Commerce has initiated an anti-dumping investigation into American-made analog integrated circuits, which may complicate trade negotiations [1] Nvidia and Mellanox - Nvidia is facing antitrust accusations from China related to its $7 billion acquisition of Mellanox Technologies in 2020, although Nvidia's shares showed resilience, only dipping slightly in premarket trading [1] - Nvidia's spokesperson emphasized compliance with the law and cooperation with government agencies regarding export controls [1] - The acquisition of Mellanox has significantly enhanced Nvidia's data center strategy, with networking revenues reaching a record $7.3 billion last quarter, driven by strong demand for its products [1] Cybersecurity Sector - CrowdStrike and Palo Alto Networks have seen stock price increases, outperforming the tech-heavy Nasdaq [1] - Palo Alto Networks received a boost from Wedbush Securities, which added it to their "best ideas" list, highlighting fiscal year 2026 as a pivotal year for its platformization strategy [1] - CrowdStrike is under observation during its annual Fal.Con conference, with an investor briefing scheduled for Wednesday [1] Upcoming Economic Data - No major earnings reports are expected after Monday's close, but minor reports from Dave & Buster's and Ferguson are anticipated [1] - Key economic data, including the August retail sales report and industrial production figures, will be released on Tuesday, leading up to the Federal Reserve's interest rate decision on Wednesday [1]