Group 1 - The core CPI in the US for September rose only 0.2% month-on-month, marking the slowest growth in three months, indicating a significant cooling of inflation. This has led the market to anticipate at least two more interest rate cuts by the Federal Reserve this year [2][5][26] - Following the CPI data release, US stock indices reached new highs, with the Dow Jones Industrial Average surpassing 47,000 points for the first time. The S&P 500 and Nasdaq also saw gains of 0.79% and 1.15%, respectively, with a weekly increase of over 2% for both [3][5][26] - The technology sector outperformed, with AMD and IBM both experiencing stock price increases of over 7%, while Ford's stock surged 12% despite challenges from a fire incident [8][14][26] Group 2 - The White House warned that due to the ongoing government shutdown, it may not be able to release inflation data next month, marking a historical first for such an occurrence [4][25] - The September CPI data showed a year-on-year increase of 3.0%, below the market expectation of 3.1%, and a month-on-month increase of 0.3%. The core CPI also matched the year-on-year increase of 3.0% and only rose 0.2% month-on-month, indicating a moderate overall inflation pressure [26][25] - Following the CPI release, traders increased their bets on the Federal Reserve cutting rates in the remaining meetings of the year, with the probability of a December rate cut rising from approximately 91% to 98.5% [26][29] Group 3 - AMD's stock rose 7.63%, reaching a historical high of $253.39, following reports that IBM successfully ran quantum computing error correction algorithms on AMD's chips [14][20] - IBM's stock increased by 7.88%, hitting a historical high of $310.75, as it confirmed the capability to run quantum algorithms on AMD's programmable logic chips [17][20] - The collaboration between AMD and IBM aims to develop quantum computing capabilities, with IBM planning to launch large-scale, fault-tolerant quantum computers by 2029 [23][20]

Core Insights - AMD's stock surged by 7.63%, reaching an all-time high of $253.39, following reports that IBM can utilize AMD's chips to run quantum computing error correction algorithms [1] - IBM's stock rose by 7.88%, hitting a historical peak of $310.75, after confirming the successful operation of quantum error correction algorithms on AMD's programmable logic chips (FPGAs) [1] - IBM and AMD announced a collaboration in August to develop quantum computing capabilities, with IBM aiming to launch a "large-scale, fault-tolerant quantum computer" by 2029 [1] Company Developments - IBM stated that achieving quantum error correction without relying on expensive GPU clusters is a significant advancement towards practical quantum computing [1] - A forthcoming academic paper will detail IBM's success in running quantum error correction algorithms on AMD's FPGAs, which IBM has confirmed [1] Industry Trends - Major tech companies like Google, Microsoft, and Amazon are intensifying their investments in quantum computing [1] - Microsoft launched its first quantum computing chip last year, while Google introduced a breakthrough chip named Willow [2] - Quantum computing stocks such as D-Wave Quantum and IonQ experienced gains, reflecting growing interest in the sector [2] - Regulatory and policy developments regarding quantum computing are attracting attention from Wall Street, especially following the Trump administration's denial of considering equity stakes in quantum computing firms [2]