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Market pricing indicates increased bets that the Federal Reserve will keep interest rates unchanged in September. The probability of the Fed maintaining rates in the 3.50%-3.75% range in September is about 65%, higher than the approximately 60% befor

2026-08-13

Market pricing indicates increased bets that the Federal Reserve will keep interest rates unchanged in September. The probability of the Fed maintaining rates in the 3.50%-3.75% range in September is about 65%, higher than the approximately 60% before the PPI report was released.

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2026-08-13

According to the latest FactSet statistics, as of the second fiscal quarter of 2026, Arm's enterprise value multiple (EV/EBITDA) is approximately 328x, AMD's is 44x, Intel's is 41x, Nvidia's is 30x, and Qualcomm's is 8x. Behind this valuation restru

According to the latest FactSet statistics, as of the second fiscal quarter of 2026, Arm's enterprise value multiple (EV/EBITDA) is approximately 328x, AMD's is 44x, Intel's is 41x, Nvidia's is 30x, and Qualcomm's is 8x. Behind this valuation restructuring is the market's shift towards trading in a "CPU supercycle": agents require extensive tool calls, scheduling, and sequential logic, and the CPU's role in AI servers is expanding from a supporting component to the core computing layer. Intel's Q2 server sales increased by only 9% year-over-year, but its average selling price (ASP) surged by 48%, significantly accelerating its data center business. This indicates that current growth stems from both demand and the upgrading and price increases of high-core-count CPUs. This reflects that funds are shifting from simply chasing GPUs to pre-pricing the second wave of AI benefits from CPUs, and valuations of different companies have already diverged significantly.
2026-08-12

As of the 23:00 market close, most domestic futures contracts rose, with pulp, synthetic rubber, and fuel oil rising by more than 1%, and rapeseed oil and staple fiber rising by nearly 1%. On the downside, glass fell by more than 2%, and soda ash and

As of the 23:00 market close, most domestic futures contracts rose, with pulp, synthetic rubber, and fuel oil rising by more than 1%, and rapeseed oil and staple fiber rising by nearly 1%. On the downside, glass fell by more than 2%, and soda ash and coking coal fell by more than 1%.
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