Ge Long Hui A P P·2025-10-14 00:49Market Overview - Major US indices showed positive performance with the Dow Jones Industrial Average rising by 587.98 points (1.29%) to 46067.58, and the Nasdaq increasing by 490.18 points (2.21%) to 22694.61 [2] - European indices also experienced gains, with the European Stock 50 up by 36.87 points (0.67%) to 5568.19, while the UK FTSE 100 rose by 15.4 points (0.16%) to 9442.87 [2] - In contrast, Asian markets faced declines, with the Shanghai Composite Index down by 7.53 points (-0.19%) to 3889.50 and the Hang Seng Index falling by 400.84 points (-1.52%) to 25889.48 [2] Geopolitical Events - A ceasefire agreement in Gaza was officially signed by US President Trump along with leaders from Egypt, Qatar, and Turkey, marking a significant diplomatic effort [3] - A prisoner exchange occurred between Hamas and Israel, resulting in the release of hundreds of Palestinian prisoners and 20 Israeli hostages [4] Economic Developments - The US government shutdown has entered its 13th day, with Treasury Secretary Yellen indicating that it is beginning to impact the national economy, affecting federal employee payments and services [5] - Federal Reserve official Paulson expressed support for two additional interest rate cuts this year, suggesting that current economic conditions do not warrant concerns over inflation driven by tariffs [6] International Relations - The German President is set to visit the UK for the first time in 27 years, aiming to strengthen bilateral relations and economic cooperation [7] - French President Macron reaffirmed his commitment to continue his presidential duties amidst calls for his resignation, emphasizing the need for national stability [8] Awards and Recognitions - The 2025 Nobel Prize in Economic Sciences was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their contributions to the theory of innovation-driven economic growth [9] Corporate News - Apple CEO Tim Cook made his debut in live-streaming sales on Douyin, announcing the upcoming release of the iPhone Air in China [13] - Microsoft is facing a class-action lawsuit for allegedly raising ChatGPT prices through anti-competitive practices [16] - Oracle's CEO expressed confidence in OpenAI's ability to cover its substantial cloud infrastructure costs, highlighting a significant partnership between the two companies [17] - OpenAI and Broadcom announced a strategic collaboration to develop custom chips, with deployment expected to begin in 2026 [17] Pricing Adjustments - Alibaba Cloud announced a price reduction for certain ECS products, effective from October 30, 2025, across various regions including Frankfurt, Tokyo, and Dubai [18][20]