Iran's foreign ministry said last night Armenia's foreign minister held a phone call with Iran's foreign minister Araghchi. They discussed follow-up on several bilateral issues and exchanged views on recent regional developments.

China National Grain Reserves Corporation (CNGRC) issued a notice regarding the fourth round of bidding for unsold frozen pork from the central reserve on September 15, 2026, and related matters concerning delivery: Based on the rotation and delivery of frozen pork from the central reserve on September 15, 2026, September 21, and September 28, 2026, this round of bidding for frozen pork will involve 1,200 tons of domestically produced frozen pork. The specific quantity will be subject to the actual listing.

Key News 1. Federal Reserve Governor Waller: More rate hikes are still needed, but flexibility will be maintained regarding the pace of increases. 2. Iranian Foreign Minister Araqchi: Negotiations are ongoing, and a response to US proposals will be given in the coming days. 3. US initial jobless claims for the week ending October 3rd were 197,000, below the expected 200,000; the previous week's figure was revised from 197,000 to 199,000. Stock News 1. Google (GOOG.O): Google Cloud launches Gemini Agent. 2. XPeng Motors (XPEV.N): XPeng G9L completes its first production trial in Europe. 3. US media: Broadcom (AVGO.O) seeks over $50 billion in funding for OpenAI custom chip development. 4. Amazon (AMZN.O) employees reported on Tuesday that multiple departments are undergoing another round of layoffs. 5. The U.S. Department of Defense plans to exchange a $1.5 billion loan for warrants to acquire up to 7.5% of Wolfspeed (WOLF.N) shares. 6. Paramount (PSKY.O) CEO: Skydance's cash flow is projected to grow to $10 billion by 2030. 7. Apple (AAPL.O): The App Store's ecosystem in China has doubled in five years to 4 trillion yuan, with over 95% of transactions commission-free. 8. SK Hynix (SKHY.O)'s flash memory subsidiary, Solidigm, has selected Goldman Sachs (GS.N) and Morgan Stanley (MS.N) to handle its U.S. IPO next year. 9. TSMC (TSM.N): Third-quarter revenue reached NT$1.49 trillion, a 50% year-on-year increase and a record high, exceeding market expectations of NT$1.46 trillion. 10. PepsiCo (PEP.O) reported third-quarter net revenue of $25.27 billion, exceeding market expectations of $24.95 billion; operating profit for the third quarter was $4.26 billion, also exceeding market expectations of $4.19 billion. 11. Sources familiar with the matter said Oracle (ORCL.N) is in talks with institutions such as Apollo and Goldman Sachs for financing to fund a large-scale chip purchase, hoping to complete the deal as early as this year.