Important News:
1. The U.S. core PCE price index rose 2.9% year-over-year in August, unchanged from the previous month and in line with market expectations.
Individual Stock News:
1. U.S. regulators are investigating a cryptocurrency strategic reserve company for suspected insider trading.
2. Intel (INTC.O) has approached TSMC (TSM.N) about an investment or manufacturing partnership.
3. According to the Wall Street Journal, the U.S. Federal Aviation Administration (FAA) will ease restrictions on Boeing (BA.N) aircraft deliveries.
4. MINISO (MNSO.N) has proposed spinning off TOP TOY and listing it independently on the main board of the Hong Kong Stock Exchange.
5. Costco Wholesale (COST.O) reported fourth-quarter revenue of $86.16 billion, net profit of $2.61 billion, and earnings per share of $5.87.
6. Raytheon Technologies (RTX.N) has secured a $602 million contract to provide parts for the U.S. Navy's F/A-18 fighter jets. 7. Li Auto (LI.O) officially launched its all-electric i6, offering a single configuration for the entire lineup at a price of 249,800 yuan. Currently, pre-orders for the Li Auto i6 exceed 20,000 units.
8. Novartis (NVS.N) confirmed a $23 billion investment in US infrastructure. The 100% tariffs announced by the US will not impact the company.
9. Eli Lilly (LLY.N) received marketing authorization from the European Commission for Kisunla (donanemab) for the treatment of early symptomatic Alzheimer's disease.