Qualcomm(US:QCOM) Zheng Quan Shi Bao·2025-10-27 22:39Group 1 - Argentina's stock market and currency experienced a significant surge following the midterm election victory of President Milei's coalition, with the main stock index rising over 20% and the Argentine peso appreciating more than 10% against the US dollar [1][7][8] - The election results alleviated uncertainties regarding policy continuity in Argentina, allowing Milei to continue implementing his economic reform strategy known as "shock therapy" [7][8] - The US stock market also saw a collective rise, with major indices reaching all-time highs, driven by strong performances in the semiconductor sector, particularly Qualcomm, which surged over 21% [1][3][4] Group 2 - The Federal Reserve's anticipated interest rate cuts contributed to the bullish sentiment in the US stock market, with a 96.7% probability of a 25 basis point cut in October [4][5] - Coatue Management, a hedge fund managing $54 billion, expressed confidence in AI investments, suggesting that the long-term fundamentals of AI remain strong, supporting their investment thesis [4][5] - The potential for an "AI boom" scenario, where AI enhances productivity and GDP while controlling inflation, is seen as having a two-thirds probability [4][5]