Chinese e-commerce giant Alibaba's cloud business unit has launched its second data centre in Dubai, it said on Tuesday, nine years after its first, as it expands its global cloud computing services t... ...

Matthew Piggott, director of gold and silver at Metals Focus, said: “Gold’s strength reflects an extremely positive macroeconomic and geopolitical background for safe-haven assets, plus concerns over other traditional safe havens.Gold could hit $5,000 by the end of the year, a precious metals consultancy has claimed.That’s all for today but you can continue reading our latest stories and analysis on the economy and business here .In New York, the S&P 500 is up 0.5pc, the Nasdaq is up 0.6pc and the Dow Jones ...

Group 1 - Dow Jones futures, S&P 500 futures, and Nasdaq futures fell as a government shutdown commenced [1] - Nike reported a revenue beat, indicating improvement in turnaround efforts [4] - Nvidia stock reached a bullish trigger amid significant AI deals, raising questions about its buy potential [4] Group 2 - Tesla rivals XPeng, Xiaomi, and Nio reported record electric vehicle sales in China, while BYD is expected to follow [4] - CoreWeave stock surged due to an expanded cloud computing agreement with Meta [4] - Spotify's CEO announced a leadership change, resulting in a decline in stock value [4]

每经AI快讯，9月30日，云计算服务商CoreWeave开盘走高，涨超11%。 ...

Group 1 - Lithium Americas Corp. (LAC) shares surged over 70% following reports that the Trump Administration may acquire up to a 10% stake in the company as part of a renegotiation of a $2.3 billion loan for a lithium mining project in Nevada [2][4] - The Thacker Pass project, if completed on schedule by 2028, is set to become the largest lithium facility in the Western Hemisphere, which would help reduce the US reliance on China for lithium, a critical component for electronics and electric vehicles [4] - The federal government has been increasing its involvement with Corporate America, taking stakes in various companies, including Intel Corp. (INTC) and MP Materials Corp. (MP) [4] Group 2 - Alibaba Group Holding Ltd. (BABA) announced plans to significantly increase its AI spending beyond the previously stated $50 billion, resulting in an over 8% rise in its US-traded shares [5] - The company operates cloud computing facilities in multiple countries and is expanding its data center presence to Brazil, France, and the Netherlands [5] Group 3 - A new wave of cryptocurrency ETFs is expected to enter the US markets due to updated SEC guidelines, which will expedite the launch process and likely lead to a variety of new products targeting lesser-known cryptocurrencies [6]

Core Insights - The article provides a comprehensive analysis of Amazon.com in comparison to its major competitors in the Broadline Retail industry, focusing on financial metrics, market position, and growth prospects [1] Company Overview - Amazon is the leading online retailer, with retail-related revenue accounting for approximately 75% of total revenue, followed by Amazon Web Services (15%), advertising services (5% to 10%), and other segments [2] - International sales contribute 25% to 30% of Amazon's non-AWS revenue, with Germany, the United Kingdom, and Japan being the leading markets [2] Financial Metrics Comparison - Amazon's Price to Earnings (P/E) ratio is 35.28, which is 0.79x lower than the industry average, indicating potential undervaluation [5] - The Price to Book (P/B) ratio of 7.39 exceeds the industry average by 1.11x, suggesting the stock may be trading at a premium relative to its book value [5] - Amazon's Price to Sales (P/S) ratio of 3.72 is 1.62x the industry average, indicating it might be considered overvalued based on sales performance [5] - The Return on Equity (ROE) stands at 5.68%, which is 0.18% above the industry average, reflecting efficient use of equity to generate profits [5] - Amazon's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is $36.6 billion, which is 5.91x above the industry average, indicating stronger profitability [5] - The gross profit of $86.89 billion is 5.24x above the industry average, showcasing higher earnings from core operations [5] - Revenue growth of 13.33% exceeds the industry average of 11.18%, indicating strong sales performance [5] Debt to Equity Ratio - Amazon's debt-to-equity (D/E) ratio is 0.4, indicating a lower reliance on debt financing compared to its top 4 peers, which suggests a more favorable balance between debt and equity [10] - The D/E ratio comparison allows for a concise evaluation of financial health and risk profile within the industry [8] Summary of Performance - Overall, Amazon.com demonstrates strong financial performance and growth potential, outperforming its industry peers in key metrics such as ROE, EBITDA, gross profit, and revenue growth [8]

Group 1: AI Investment Trends - Significant investments are being made in AI computing infrastructure, which is currently supporting market stability [1] - Companies benefiting from this trend include Nvidia, Broadcom, and Taiwan Semiconductor, which are expected to continue delivering strong returns [4][6] Group 2: Nvidia's Market Position - Nvidia's GPUs are essential for AI workloads, with demand exceeding supply, leading to close collaboration with major clients for future demand forecasting [5] - Nvidia anticipates global data center capital expenditures to reach $3 trillion to $4 trillion by 2030, indicating substantial growth potential [6] Group 3: Broadcom's Growth Opportunities - Broadcom is experiencing growth in its custom AI accelerators, which pose a challenge to Nvidia's GPU dominance [8] - The company manufactures connectivity switches for data centers, facilitating the integration of computing resources [7] Group 4: Taiwan Semiconductor's Role - Taiwan Semiconductor acts as a neutral player in the AI arms race, outsourcing chip production for both Nvidia and Broadcom [9] - While it may not have the same growth potential as Nvidia or Broadcom, it is considered a safer investment to benefit from overall AI spending [9] Group 5: Cloud Computing Demand - Major cloud computing providers like Amazon and Alphabet are significant purchasers of computing equipment, primarily for cloud services [10] - The global cloud computing market is projected to grow from approximately $750 billion in 2024 to $2.39 trillion by 2030, presenting a lucrative investment opportunity [11]

Group 1 - Oracle Corporation is a leading tech giant in the enterprise software industry and has established itself as a key player in cloud computing services [1] - The focus is on analyzing undervalued companies with strong fundamentals and cash flows, particularly in sectors like Oil & Gas and consumer goods [1] - Energy Transfer is highlighted as a company that was previously overlooked but has shown potential for substantial returns [1] Group 2 - The analyst expresses a preference for long-term value investing while also engaging in deal arbitrage opportunities [1] - There is a clear aversion to investing in high-tech businesses or certain consumer goods that are not well understood [1] - The article emphasizes a commitment to connecting with like-minded investors and sharing insights through Seeking Alpha [1]

Core Viewpoint - Oracle's stock is experiencing an upward trend as the market reacts positively to its growth in cloud computing, with future success heavily reliant on advancements from OpenAI [1] Company Summary - Oracle's stock performance is linked to its cloud-computing surge, indicating strong market interest and potential for growth [1] - The company's future trajectory is closely tied to developments in artificial intelligence, particularly those driven by OpenAI [1] Industry Summary - The cloud computing sector is witnessing significant growth, with companies like Oracle benefiting from increased market demand [1] - The integration of AI technologies, such as those from OpenAI, is becoming a critical factor for success in the cloud computing industry [1]

Economic Outlook - The European Central Bank is expected to maintain steady interest rates but may signal the possibility of further easing due to a challenging trade and political environment [1] - The U.S. Federal Reserve is anticipated to implement three interest rate cuts this year, with a quarter-point move fully priced in for the upcoming meeting and an 8% chance of a 50 basis-point cut [5][10] Market Performance - Japan's Nikkei index rose 0.8% to reach a record high, driven by gains in technology, energy, and utility sectors [2] - Taiwanese shares increased by 1%, also setting a record, with leading chipmaker TSMC rising 2.5% and SoftBank surging nearly 9% following Oracle's significant 36% gain on Wall Street [2][9] - Nasdaq futures rose 0.2% and S&P 500 futures inched up 0.1% [4] Inflation and Consumer Prices - The U.S. Producer Price Index (PPI) reading has led to a more dovish outlook among investors, with a focus now shifting to the Consumer Price Index (CPI) for August, which is expected to show a 2.9% year-over-year increase, the largest since January [6][10] - The core CPI is anticipated to remain at 3.1%, and unless there is a significant upside surprise, the dovish sentiment is likely to persist [6][10] Bond and Currency Markets - The 10-year Treasury yield increased by 2 basis points to 4.0531%, while the 30-year yield rose to 4.7028%, having decreased over 30 basis points from a peak of 5% [8][9][10] - The U.S. dollar index remained flat at 97.81, slightly above a seven-week low, while the Australian dollar reached a 10-month high of $0.6636 before stabilizing at $0.6616 [7][8][10] Commodity Markets - Oil prices maintained gains, with U.S. crude steady at $63.65 per barrel and Brent at $67.49, following geopolitical tensions involving Poland and Russian drones [9][10] - Gold prices increased by 0.1% to $3,644 per ounce, nearing all-time highs [9][10]