【Morning Update】Nvidia broke through the upper resistance line, Super Micro surged 16%, and North Sea Brent crude oil rose to the $80 range.

Top news of individual stocks
Views on the FRB's interest rate cut and year-end termination are also being considered.
The September employment statistics released last week unexpectedly showed a decrease in the unemployment rate and the largest increase in non-farm payroll numbers since March, exceeding expectations across the board and proving the resilience of the labor market. The economy is unexpectedly strong, with some economists even suggesting the end of a rate cut by the end of the year, amid growing optimism including a possible return of dollar buying in the near term.

Apple and Amazon experience significant declines following investment downgrades.
Two of the 'Magnificent Seven' companies saw a substantial decrease in stock prices compared to the previous week. $Amazon (AMZN.US)$ Fell by 3.1%. Wells Fargo's analysts downgraded the investment rating to 'Neutral'. $Apple (AAPL.US)$ It fell 2.3%. Jefferies downgraded investment rating on Apple to 'hold'.

Nvidia reversed higher, breaking through the upper resistance level.
$NVIDIA (NVDA.US)$ It rose 2%, breaking through the upper resistance level.
Related articles:Towards a risk-on sentiment in US stocks? The recession indicator with a 100% accuracy rate falls! Will the continued buying trend in lagging semiconductor stocks persist?

Supermicro rose 16%.
$Super Micro Computer (SMCI.US)$ Rose 15.8% on the 7th. The company revealed that they are shipping 0.1 million GPUs and over 2000 liquid-cooled racks per quarter. 'Customer demand remains strong and is not affected by delays in 10K applications or news of investigations in the USA,' they stated.

China's version of 'M7'? Comparable to major US tech giants! How long will the bullish market last?
The Hang Seng China Enterprises Index of Hong Kong stocks has risen by over 30% in the past month, achieving the best performance among over 90 stock indices tracked by Bloomberg worldwide.
The mainland Chinese market will have its first trading day after the holiday on the 8th today. While the mainland Chinese market was closed for the holiday, the Hong Kong market continued to rise. Whether the momentum of the stock market will continue in the mainland Chinese market is being closely watched.
Related articles:Bright signs in the Chinese real estate market, with a 762% year-on-year increase in pre-contracted new homes in Shenzhen, as the Chinese market reopens today.

North Sea Brent crude oil rose to the $80 per barrel range on the 7th, the highest level since August. Tensions in the Middle East have escalated, with speculation that Israel may attack Iran's petroleum infrastructure.
According to Bloomberg, options traders had taken positions aimed at price declines based on concerns of demand and expectations of increased production by OPEC plus countries. However, due to concerns over deteriorating Middle East situation, the skew of call options soared.
According to Bloomberg, options traders had taken positions aimed at price declines based on concerns of demand and expectations of increased production by OPEC plus countries. However, due to concerns over deteriorating Middle East situation, the skew of call options soared.

The provisional price range of Tokyo Metro is 1,100-1,200 yen, raised from the assumed price.
The new listing scheduled for the Tokyo Main Board market on the 23rd $Tokyo Metro (9023.JP)$will have a tentative price range of 1,100 to 1,200 yen. This was indicated in the amended securities registration statement submitted on the 7th. The expected price at the time of listing approval has been raised from 1,100 yen, taking into account factors such as demand. The offer price will be determined on the 15th.