Key News
1. Trump: I will only accept the results of the midterm elections if they are "honest and fair."
2. Trump says a meeting between Putin and Zelensky will be arranged "soon."
3. The US has reportedly offered several economic cooperation proposals to Russia, contingent on an end to the Russia-Ukraine conflict.
4. A senior Iranian official stated that Qatar has not yet proposed a new plan to end its hostile actions against the US. Several of Qatar's ideas are unacceptable to Iran. Iran's uncompromising policy on the nuclear issue remains unchanged.
5. The Federal Reserve will announce its October interest rate decision at 2:00 AM Beijing time on Thursday; market pricing indicates only a 7% to 10% probability of a rate hike.
Stock News
1. SK Hynix (SKHY.O) revenue surpasses 100 trillion won for the first time. Its CEO stated that DRAM and HBM production capacity is sold out until 2029.
2. NVIDIA (NVDA.O) announced plans to scale up Oracle Cloud Infrastructure (OCI) hyperclusters to multi-gigawatt scale based on NVIDIA Vera Rubin NVL72 systems.
3. Tesla (TSLA.O) plans to use Optimus humanoid robots to handle charging gun plugging and unplugging for Robotaxi, a solution intended as a transitional measure before the full rollout of its autonomous wireless charging system.
4. OpenAI plans to purchase TPU chips from Google; the transaction amount and specific purchase scale have not yet been disclosed.
5. Vertiv reported third-quarter net sales of $4.313 billion, a 61% year-over-year increase, with net income of $764.5 million, compared to $398.5 million in the same period last year. The company also raised its full-year guidance, now expecting net sales of $14.65 billion for 2026.
