Guan Cha Zhe Wang·2025-10-28 03:13Group 1: New Listings and Market Performance - The first three newly registered companies in the Sci-Tech Innovation Board's growth layer officially listed today, with two in the biopharmaceutical sector and one in semiconductor materials, all being unprofitable enterprises [1] - The Magnificent 7 index of major US tech stocks rose by 2.40% to 208.95 points, marking a historical high, with a cumulative increase of 4.35% over the last three trading days [1] Group 2: Company Developments - Former Alibaba executive Peng Chao has launched a new company named "Yun Jue Technology," focusing on AI wearable devices and intelligent agents [3][4] - The team includes Qi Weizhen, a former mentor at the AI research institute, who has a background in advanced AI architectures [5] Group 3: Regulatory Issues - Apple was fined €48 million (approximately $55.9 million) by a French court for unfair marketing practices related to iPhone sales, including forcing operators to pay for advertising and committing to fixed purchase quantities [6][7] Group 4: Strategic Partnerships - The US Department of Energy and AMD have established a $1 billion partnership to build two supercomputers aimed at addressing various scientific challenges, including nuclear energy and drug development [8] Group 5: Workforce Changes - Amazon plans to cut up to 30,000 corporate jobs, representing nearly 10% of its corporate workforce, as part of a cost-cutting initiative following over-hiring during the pandemic [8]