Market Observation - The market expectation for the Federal Reserve to cut short-term interest rates has strengthened, and Oracle's announcement of securing multiple large AI contracts has further fueled enthusiasm for the AI boom [3][17] - The Nikkei 225 index rose by 4.07% to close at 44,768.12, while the TOPIX index increased by 1.78% to finish at 3,160.49, driven particularly by the TMT and telecommunications sectors [3][12] - Following Prime Minister Shigeru Ishiba's announcement of his intention to resign, the ruling Liberal Democratic Party will hold a leadership election on October 4, with the market responding positively to the potential for more proactive economic policies from the new government [3][4] Economic Data - Japan's Q2 2025 GDP growth was revised significantly upward, with a real quarter-on-quarter growth of 0.5% and an annualized growth rate of 2.2%, surpassing the initial estimate of 1.0% [5] - Nominal GDP growth was adjusted from an initial annualized rate of 5.1% to 6.6%, with private consumption being the main driver of this growth [5][6] - The strong performance in private consumption was attributed to high temperatures and government interventions in food and energy prices, boosting market confidence despite concerns over stagnant real wage growth [5] Corporate Developments - Oracle's unfulfilled orders reached $455 billion by the end of August, a 3.3-fold increase from May, with expectations to surpass $500 billion in the coming months [6] - SoftBank Group's stock rose by 17.3% following Oracle's announcements, as it collaborates with Oracle and OpenAI on the U.S. "Stargate Project" to build AI infrastructure [6] - Mandom, a cosmetics company known for its men's grooming brand "Gatsby," announced a management buyout (MBO) with an offer price of 1,960 yen per share, approximately 30% above the closing price [7]