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U.S. and Brent crude briefly fell $0.70; U.S. stock futures rallied, with S&P 500 futures up 1.0% and Nasdaq futures up 1.3%. Reports say Saudi Arabia Oman to mediate a two-week ceasefire with Houthi forces.

2026-09-17

U.S. and Brent crude briefly fell $0.70; U.S. stock futures rallied, with S&P 500 futures up 1.0% and Nasdaq futures up 1.3%. Reports say Saudi Arabia Oman to mediate a two-week ceasefire with Houthi forces.

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2026-09-18

Slovak Prime Minister Robert Fico said the risk of a pan-European military conflict is now more serious than ever.

Slovak Prime Minister Robert Fico said the risk of a pan-European military conflict is now more serious than ever.
2026-09-17

1. SenseTime reported an operating loss of RMB 1.338 billion in the first half of the year, significantly higher than the previously projected RMB 878 million, primarily due to high R&D investment. It is expected that core operations will not achieve

1. SenseTime reported an operating loss of RMB 1.338 billion in the first half of the year, significantly higher than the previously projected RMB 878 million, primarily due to high R&D investment. It is expected that core operations will not achieve positive operating profit until 2028. 2. The complete system of AI models + Token Factory + intelligent agents and its revenue growth are commendable. However, whether this growth can truly translate into stable profits depends on whether declining R&D expenses, continued customer payments, and business expansion can materialize. 3. The target price has been lowered to HKD 2.03 (the third consecutive downward revision this year). The current share price (HKD 1.23) is trading at approximately 6 times 2027 revenue (projected revenue of RMB 8.3865 billion in 2027), and is not far from a price-to-sales ratio of 9 times in 2027. Goldman Sachs believes that many positive factors have already been reflected in the valuation, therefore maintaining a neutral rating. (Goldman Sachs Report, September 16)
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