Important News:
1. U.S. Treasury Secretary Bensonte: Federal Reserve Chairman Powell should have signaled a 100-150 basis point rate cut.
2. EU Spokesperson: The European Commission will propose plans to increase tariffs on Russian oil imports at the appropriate time.
Individual Stock News:
1. Alibaba (BABA.N) announced a Physical AI collaboration with Nvidia; Alibaba is actively promoting a $380 billion AI infrastructure investment and plans to make additional investments. "Cathay" Wood holds Alibaba shares for the first time in four years, valued at over $16 million.
2. Micron Technology (MU.O): Discussions are underway on HBM4 specifications and production volumes, and an agreement will be reached in the coming months to sell the remaining HBM supply through 2026.
3. Foreign Media: OpenAI will lease, rather than purchase, Nvidia (NVDA.O) AI chips.
4. Pony.ai (PONY.O) announced a partnership with ComfortDelGro, Singapore's largest transportation operator, to deploy self-driving cars. 5. Nvidia (NVDA.O) Director Mark A. Stevens reported selling 350,000 shares of common stock on September 19 at an average price of $176.3923 per share.
6. OpenAI announced five new "Stargate" data center sites.
7. Boeing (BA.N) will collaborate with Palantir to integrate artificial intelligence (AI) into existing and future defense programs and its factories.
8. AMD (AMD.O) and Koch Companies expanded their global artificial intelligence partnership.
9. Oracle (ORCL.N) plans to raise approximately $15 billion through a corporate bond offering.
