Market Overview - US stock indices reached new highs despite data absence, with chip stocks supporting the market; Nvidia hit a three-day high, AMD rose over 3%, and Intel increased nearly 4% [1] - Tesla's Q3 delivery of 497,000 units exceeded expectations but the stock fell over 5% after initially rising 2.5% [7] - Chinese stocks outperformed the market, with Alibaba rising over 3% [1] Federal Reserve and Economic Indicators - Federal Reserve officials urged caution regarding interest rate cuts, leading to a rebound in the dollar and a rise in bond yields [2][15] - The US government is preparing to release non-farm employment data, which may impact bond yields [3][13] Company News - Morgan Stanley raised Alibaba's target price, highlighting the potential of converting AI cloud tokens into e-commerce commission rates [6][17] - Samsung and SK Hynix stocks surged after preliminary supply agreements with OpenAI for the "Star Gate" project, with Samsung up 4.5% and SK Hynix up 9.7% [20] Commodity Market - Gold prices fell after reaching historical highs, while oil prices dropped to four-month lows due to concerns over oversupply [2][10] - WTI crude oil futures fell 2.10% to $60.48 per barrel, and Brent crude oil futures dropped 1.90% to $64.10 per barrel [10] Global Economic Context - High inflation concerns persist, with Fed officials indicating that actions must be "extremely cautious" to avoid excessive monetary easing [15] - The strategic partnership treaty between Russia and Iran has officially come into effect, marking a significant milestone in bilateral relations [16]

Market Overview - US stock indices reached new highs despite data absence, with Nvidia hitting a three-day high and AMD rising over 3% [2] - Tesla's Q3 delivery of 497,000 units exceeded expectations but saw a drop of over 5% in stock price after initial gains [4][11] - Morgan Stanley raised Alibaba's target price, highlighting the potential of converting AI cloud tokens into e-commerce commission rates [4][12] Economic Indicators - The US government is preparing to release non-farm employment data, with the Labor Statistics Bureau reportedly ready to publish September labor data [8] - The ADP data showed a reduction of 43,000 jobs due to a recalibration adjustment, indicating reliance on official non-farm data [9] Commodity Market - Oil prices fell for four consecutive days, reaching a four-month low, with WTI crude oil down 2.10% to $60.48 per barrel [5] - Gold prices saw a decline after hitting a historical high, with COMEX gold futures down 0.45% to $3,879.90 per ounce [5] International Relations - Putin stated that restoring comprehensive relations with the US aligns with Russia's national interests, emphasizing the importance of bilateral cooperation [10][11] - The Russia-Iran strategic partnership treaty has officially come into effect, marking a significant milestone in bilateral relations [11] Company Performance - Samsung and SK Hynix stocks surged after preliminary supply agreements with OpenAI for the "Stargate" project, with increases of 4.5% and 9.7% respectively [15] - Bridgewater's flagship fund saw a 26.4% increase this year, potentially marking its best performance since 2010 [15]

Group 1 - The trend of companies holding digital currencies as treasury assets is rapidly declining, with corporate Bitcoin purchases in the U.S. dropping to the lowest level since April [1][2] - In September, companies purchased 37,881 Bitcoins, a significant decrease from 49,303 in August and 103,250 in July, indicating a clear decline in market enthusiasm [2] - A quarter of the companies adopting Bitcoin treasury strategies have seen their stock prices fall below the total value of their digital asset holdings, impacting their ability to raise capital through new stock issuances [2][3] Group 2 - The decline in interest is attributed to an oversupply of stocks from digital currency treasury companies, which have struggled to finance digital asset purchases without overwhelming the market [3][4] - Mergers and acquisitions are emerging as a potential solution to market saturation, with larger companies seeking to acquire smaller firms to consolidate resources and reduce stock supply [5] - The market shows a preference for larger digital currency companies, as evidenced by the acquisition of Semler Scientific by Strive, which will collectively hold over 10,900 Bitcoins post-merger [5]