White House AI pact: NVIDIA (NVDA.O), OpenAI, Anthropic, XAI and Google (GOOG.O) will meet regularly to discuss AI safety standards.

Wells Fargo Investment Institute downgraded its rating on the S&P 500 information technology sector to Neutral from Overweight.

On Sept. 28 in Beijing, an expert technical review meeting said revisions to China’s National Economic Industry Classification are intended to implement central directives and broaden statistical coverage of new-economy sectors and emerging fields. The amended classification keeps overall standards stable while adding categories for new industries, business models and the digital economy to improve international comparability and to provide a more detailed, scientific framework for national accounts and statistical surveys, supporting macroeconomic governance.