Market Overview - The initial jobless claims in the U.S. reached 263,000, exceeding market expectations of 235,000, marking the highest level in nearly four years[11] - The U.S. CPI for August increased by 2.9% year-on-year, aligning with expectations, while the month-on-month growth was 0.4%, surpassing the anticipated 0.3%[14] - The Dow Jones Industrial Average closed at 46,108.00, up 1.36% for the day and 8.30% year-to-date[5] Stock Market Performance - The Hang Seng Index closed at 26,086.32, down 0.43%, while the Hang Seng Tech Index fell by 0.24% to 5,888.77[11] - Major tech stocks in Hong Kong saw declines, with Meituan dropping 6% to a new low, while Alibaba and NetEase experienced slight increases[11] - In the U.S., major indices reached historical highs, with the Nasdaq gaining 0.72% to close at 22,043.07[11] Sector Highlights - Biopharmaceutical stocks in Hong Kong faced significant losses, with Genscript Biotech plunging 19.66% and Hansoh Pharmaceutical dropping nearly 9% due to regulatory concerns[11] - Semiconductor stocks showed strong performance, with InnoCare Technologies rising over 9% as it partnered with Nvidia to enhance data center operations[11] - Media stocks surged, with Warner Bros. Discovery soaring 28% amid acquisition rumors[11] Economic Indicators - The probability of a 50 basis point rate cut by the Federal Reserve in September rose to 10.9%, while the likelihood of a 25 basis point cut stood at 89.1%[14] - Japan's Producer Price Index (PPI) rose by 2.7% year-on-year, driven primarily by increasing food prices, particularly rice[14] - 96% of economists expect the Bank of Japan to maintain its key interest rate at 0.50% during the upcoming meeting[14]

Group 1 - The U.S. Consumer Price Index (CPI) for August increased by 2.9% year-on-year, meeting expectations, and rose by 0.4% month-on-month, exceeding expectations, marking the highest levels since January [1] - Initial jobless claims for the week ending September 6 reached 263,000, the highest level in nearly four years [1] - The market has fully priced in expectations for three interest rate cuts by the end of the year [1] Group 2 - Major U.S. stock indices opened higher, with the Nasdaq up 0.42%, the S&P 500 up 0.31%, and the Dow Jones up 0.2% [1] - Oracle shares rose by 0.5% after signing a $300 billion computing power deal with OpenAI, which represents 94.6% of the $317 billion Remaining Performance Obligations (RPO) added in its earnings report [1] - Alibaba's stock increased by 3.1% as its "Gaode Street Ranking" attracted over 40 million users on its launch day, becoming the largest food ranking platform in China [1] - Micron Technology's stock surged by 6.4% after Citigroup raised its price target from $150 to $175, maintaining a "Buy" rating [1] - Adobe's stock rose by 1.2% as it launched its first AI agent product suite's general version, with Q3 fiscal year 2025 earnings to be announced after market close [1]

Group 1 - US stock index futures are all up, with Nasdaq futures rising by 0.3%, S&P 500 futures up by 0.25%, and Dow futures increasing by 0.22% [1] - Major European stock indices are collectively rising, with Germany's DAX up by 0.39%, UK's FTSE 100 up by 0.54%, France's CAC up by 0.98%, and the Euro Stoxx 50 up by 0.49% [1] - OpenAI has signed a $300 billion computing power deal with Oracle, marking one of the largest cloud service contracts in history [1] - Alibaba plans to issue approximately $3.2 billion in senior notes, with most of the funds allocated for AI-related fields [1] - Adobe has launched the first general version of its AI agent product suite, aimed at helping customers streamline workflows [1] Group 2 - Starbucks China is reportedly in the final stages of sale, with Sequoia China, Boyu Capital, and two other institutions shortlisted [1] - Delta Air Lines has noted a rebound in consumer confidence and plans to achieve growth by increasing international travel [2] - Tapestry expects tariff impacts to fully ease by fiscal year 2028 and plans to repurchase $3 billion in shares [2] - Robinhood is set to launch a social trading platform, Robinhood Social, allowing users to track the actions of well-known traders in real-time [2] - Xiaopeng's flying vehicle "Land Aircraft Carrier" (X3-F) has received a flight permit in the UAE, officially starting manned flight tests [2]

Core Viewpoint - Adobe has launched its first suite of AI agents aimed at streamlining workflows for customers across various applications, contributing to a positive market reaction with a pre-market stock increase of over 2.8% to $360 [1] Group 1: Product Launch - Adobe introduced a general version of its AI agent product suite, initially unveiled at the Adobe Summit in March [1] - The AI agents are designed to automate tasks related to customer experience, including website optimization, content creation, and audience targeting [1] Group 2: Financial Expectations - Adobe is set to announce its Q3 fiscal year 2025 earnings after the market closes on Thursday [1] - Market expectations for quarterly revenue are approximately $5.9 billion, reflecting a year-over-year growth of over 9% [1] - Expected earnings per share are $4.04, indicating a year-over-year increase of about 7.5% [1]