$Microsoft (MSFT.US)$The European Union is seeking feedback on Microsoft's proposed remedies to the UK regulatory institution for review.
On September 13th, sources said that the EU antitrust regulatory agency is asking Microsoft's competitors and customers whether they will be affected by the proposal made by the US tech giant to acquire Activision Blizzard for $69 billion in order to obtain approval from the UK. After the UK Competition and Markets Authority (CMA) blocked the deal, Microsoft proposed to sell its cloud streaming rights to Ubisoft last month. The European Union approved this deal as early as May this year. The European Union has not launched a formal investigation, and may be waiting for the CMA's decision before taking any action.
On September 13th, sources said that the EU antitrust regulatory agency is asking Microsoft's competitors and customers whether they will be affected by the proposal made by the US tech giant to acquire Activision Blizzard for $69 billion in order to obtain approval from the UK. After the UK Competition and Markets Authority (CMA) blocked the deal, Microsoft proposed to sell its cloud streaming rights to Ubisoft last month. The European Union approved this deal as early as May this year. The European Union has not launched a formal investigation, and may be waiting for the CMA's decision before taking any action.
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$XPeng (XPEV.US)$Research Reports: Xpeng's delivery acceleration pace is strong, and smartization may become the core decisive factor in the next stage.
September 13 | Tianfeng Securities released a research report stating that Xpeng's short-term orders are still limited by the shortage of core parts, but the delivery acceleration pace is strong. G6 is driving the rapid growth of total deliveries, and it is expected to achieve overall positive cash flow in the second half of the year and a positive gross margin in the fourth quarter. Looking forward to the second half of the year and the 24-year automobile market, with the background of industry price wars and the release of Tesla's facelift, Xpeng's new product line still has strong comprehensive product competitiveness. At this stage, the bank believes that Xpeng's first product G6, after the rapid implementation of smart advantages, has fully verified the demand for smartization. The flywheel of Xpeng's products, sales volume, and experience is expected to accelerate landing, and smartization may become the core decisive factor in the next stage of the automobile industry. It is recommended to pay close attention to the production capacity and delivery of Xpeng's G6.
September 13 | Tianfeng Securities released a research report stating that Xpeng's short-term orders are still limited by the shortage of core parts, but the delivery acceleration pace is strong. G6 is driving the rapid growth of total deliveries, and it is expected to achieve overall positive cash flow in the second half of the year and a positive gross margin in the fourth quarter. Looking forward to the second half of the year and the 24-year automobile market, with the background of industry price wars and the release of Tesla's facelift, Xpeng's new product line still has strong comprehensive product competitiveness. At this stage, the bank believes that Xpeng's first product G6, after the rapid implementation of smart advantages, has fully verified the demand for smartization. The flywheel of Xpeng's products, sales volume, and experience is expected to accelerate landing, and smartization may become the core decisive factor in the next stage of the automobile industry. It is recommended to pay close attention to the production capacity and delivery of Xpeng's G6.
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$BP PLC (BP.US)$bp plc announces the resignation of CEO, effective immediately.
September 13th｜bp plc announced that the CEO, Bernard Looney, has resigned with immediate effect. The board of directors has criticized Looney on personnel matters, and Looney accepts the criticism of 'not being transparent enough in information disclosure.' The investigation is still ongoing. The company has appointed CFO Murray Auchincloss as the interim CEO.
September 13th｜bp plc announced that the CEO, Bernard Looney, has resigned with immediate effect. The board of directors has criticized Looney on personnel matters, and Looney accepts the criticism of 'not being transparent enough in information disclosure.' The investigation is still ongoing. The company has appointed CFO Murray Auchincloss as the interim CEO.
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$Ford Motor (F.US)$Ford is doubling its efforts to develop hybrid pickup trucks.
Ford
FPlanned to double the production of hybrid F-150 pickups in 2024, accelerating the auto manufacturer's transition to gas-electric power systems to address concerns of USA truck buyers reluctant to adopt fully electric vehicles.
Ford stated that the company is preparing to equip 20% of the best-selling vehicle series in the USA market with hybrid power systems in 2024. The company mentioned that in the 2024 model year, the price of hybrid systems will be the same as trucks equipped with a six-cylinder "EcoBoost" internal combustion power system.
"Ford's Blue Division Vice President Andrew Frick told Reuters reporters: "We will incorporate some room for growth in our production plans. Frick said that the hybrid system is currently offered as a $3,300 option on certain models of the F-150, with demand increasing to 10% of total F-150 sales.
If sales reach Ford's new expectations, the hybrid F-150 will become one of the top three best-selling hybrid vehicles in the USA, competing with Toyota Motor's compact SUV, the RAV4.
Toyota Motor Company also equipped its Tundra large pickup truck with a hybrid system. According to the auto manufacturer's sales data as of June 30, approximately 24% of the 59,735 Tundras sold in the USA featured a hybrid system. Ford is doubling its efforts in developing hybrid pickup trucks.
Ford
FPlanned to double the production of hybrid F-150 pickups in 2024, accelerating the auto manufacturer's transition to gas-electric power systems to address concerns of USA truck buyers reluctant to adopt fully electric vehicles.
Ford stated that the company is preparing to equip 20% of the best-selling vehicle series in the USA market with hybrid power systems in 2024. The company mentioned that in the 2024 model year, the price of hybrid systems will be the same as trucks equipped with a six-cylinder "EcoBoost" internal combustion power system.
"Ford's Blue Division Vice President Andrew Frick told Reuters reporters: "We will incorporate some room for growth in our production plans. Frick said that the hybrid system is currently offered as a $3,300 option on certain models of the F-150, with demand increasing to 10% of total F-150 sales.
If sales reach Ford's new expectations, the hybrid F-150 will become one of the top three best-selling hybrid vehicles in the USA, competing with Toyota Motor's compact SUV, the RAV4.
Toyota Motor Company also equipped its Tundra large pickup truck with a hybrid system. According to the auto manufacturer's sales data as of June 30, approximately 24% of the 59,735 Tundras sold in the USA featured a hybrid system. Ford is doubling its efforts in developing hybrid pickup trucks.
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$Samsung Electronics Co., Ltd. (SSNLF.US)$Samsung Electronics stock price rose, with reports that the company increased the price of mobile memory chips.
On September 13th, Samsung Electronics' stock rose by 1.6% at one point. Earlier reports indicated that the company raised the prices of DRAM and NAND flash memory chips for major smart phone manufacturers by 10-20%, with major smart phone manufacturers including Xiaomi, Oppo, and Google. Samsung Electronics anticipates that demand in the memory chip market may exceed supply starting from the fourth quarter. Samsung's competitor, SK Hynix, also saw a 3.4% increase in early trading on Wednesday.
On September 13th, Samsung Electronics' stock rose by 1.6% at one point. Earlier reports indicated that the company raised the prices of DRAM and NAND flash memory chips for major smart phone manufacturers by 10-20%, with major smart phone manufacturers including Xiaomi, Oppo, and Google. Samsung Electronics anticipates that demand in the memory chip market may exceed supply starting from the fourth quarter. Samsung's competitor, SK Hynix, also saw a 3.4% increase in early trading on Wednesday.
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$Bitcoin (BTC.CC)$Binance USA CEO has resigned, and the company is laying off one-third of its employees.
September 13th | A spokesperson for Binance stated that the CEO of Binance USA, Brian Shroder, has resigned, and his position will be temporarily taken over by the Chief Legal Officer, Norman Reed. At the time of Shroder's departure, due to regulatory crackdowns eroding its business, Binance USA, which was in a difficult position, is laying off approximately one-third of its workforce, which is more than 100 positions.
September 13th | A spokesperson for Binance stated that the CEO of Binance USA, Brian Shroder, has resigned, and his position will be temporarily taken over by the Chief Legal Officer, Norman Reed. At the time of Shroder's departure, due to regulatory crackdowns eroding its business, Binance USA, which was in a difficult position, is laying off approximately one-third of its workforce, which is more than 100 positions.
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$Alibaba (BABA.US)$Alibaba Cloud Tongyi Qianwen is officially open to the public.
On September 13, Alibaba Cloud announced that Tongyi Qianwen's large model has passed the filing for the first time today and is officially open to the public. Users can log on to the Tongyi Qianwen official website to experience it, and enterprise users can access Tongyi Qianwen API through Alibaba Cloud.
On September 13, Alibaba Cloud announced that Tongyi Qianwen's large model has passed the filing for the first time today and is officially open to the public. Users can log on to the Tongyi Qianwen official website to experience it, and enterprise users can access Tongyi Qianwen API through Alibaba Cloud.
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$Tesla (TSLA.US)$ $Microsoft (MSFT.US)$ $NVIDIA (NVDA.US)$Global technology companies spent over 0.1 billion euros on lobbying the European Union last year, with Meta investing the most.
September 13th | According to the "European News Network", the latest report from non-governmental organizations shows that in 2022, the total expenditure of 651 global companies and associations on lobbying the EU's digital policies reached 0.113 billion euros (approximately 0.88 billion RMB), an increase of 16.5% from the 97 million euros in 2021. Among them, the lobbying fees of the top ten technology giants accounted for one third. Meta, the parent company of Facebook, had the highest investment, reaching 8 million euros; followed by Apple, whose lobbying expenses of 7 million euros last year doubled from the previous year. In addition, the number of lobbying personnel from technology companies such as Google, Amazon, and Intel stationed at the EU headquarters in Brussels has continued to increase in recent years.
September 13th | According to the "European News Network", the latest report from non-governmental organizations shows that in 2022, the total expenditure of 651 global companies and associations on lobbying the EU's digital policies reached 0.113 billion euros (approximately 0.88 billion RMB), an increase of 16.5% from the 97 million euros in 2021. Among them, the lobbying fees of the top ten technology giants accounted for one third. Meta, the parent company of Facebook, had the highest investment, reaching 8 million euros; followed by Apple, whose lobbying expenses of 7 million euros last year doubled from the previous year. In addition, the number of lobbying personnel from technology companies such as Google, Amazon, and Intel stationed at the EU headquarters in Brussels has continued to increase in recent years.
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$JPMorgan (JPM.US)$JPMorgan Chase: High interest rate US stocks are overvalued
September 13｜Morgan Stock Market Strategists believe that U.S. equities have risen significantly since this year and real interest rates are high, and U.S. stocks are at greater risk of a pullback. The S&P 500 is up 16% on aggregate this year. MORTON STRATEGISTS POINT OUT THAT IN REAL INTEREST RATES AND PAST DATA, THE BENCHMARK SHOULD BE BETWEEN 15 AND 16 TIMES EXPECTED MARKET EARNINGS, BUT THE CURRENT LEVEL IS AROUND 20 TIMES, MAKING IT DIFFICULT TO SUSTAIN. Moto believes that the S&P 500 index is currently at an overvaluation of 14%.
September 13｜Morgan Stock Market Strategists believe that U.S. equities have risen significantly since this year and real interest rates are high, and U.S. stocks are at greater risk of a pullback. The S&P 500 is up 16% on aggregate this year. MORTON STRATEGISTS POINT OUT THAT IN REAL INTEREST RATES AND PAST DATA, THE BENCHMARK SHOULD BE BETWEEN 15 AND 16 TIMES EXPECTED MARKET EARNINGS, BUT THE CURRENT LEVEL IS AROUND 20 TIMES, MAKING IT DIFFICULT TO SUSTAIN. Moto believes that the S&P 500 index is currently at an overvaluation of 14%.
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$Apple (AAPL.US)$Apple conference once to see! iPhone 15 launched four flagship models confirm to maintain close relationship with China, stock news did not rise and fall
FX168 Financial News (Hong Kong) News Beijing time on Wednesday (September 13) morning，Apple launched the fall 2023 conference，Four flagship models iPhone 15 officially unveiled，Advanced Pro series equipped by TSMC 3 nanometer support A17 chip processor。 Apple confirmed a close relationship with China, it is still listed as the first country to sell, and Apple supplier Foxconn has increased recruitment efforts in China. US stocks closed on Tuesday, Apple shares did not rise and fell, and the decline of 1.71% was reported at $176.30.
The US iPhone 15 starts at $799, the same as the iPhone 14 launched in 2022, with iPhone 15 Plus starting at $899. The premium version of the iPhone 15 Pro starts at $999 and iPhone 15 Pro Max starts at $1199.
China will accept pre-orders on September 15 and go on sale on September 22. In China, iPhone 15 Pro starting price unchanged, 128G capacity of 7999 yuan, iPhone 15 Pro Max starting price increased to 9999 yuan, 128G capacity option has been cancelled.
In terms of screen size and functionality, 6.1 inches is the iPhone 1...
FX168 Financial News (Hong Kong) News Beijing time on Wednesday (September 13) morning，Apple launched the fall 2023 conference，Four flagship models iPhone 15 officially unveiled，Advanced Pro series equipped by TSMC 3 nanometer support A17 chip processor。 Apple confirmed a close relationship with China, it is still listed as the first country to sell, and Apple supplier Foxconn has increased recruitment efforts in China. US stocks closed on Tuesday, Apple shares did not rise and fell, and the decline of 1.71% was reported at $176.30.
The US iPhone 15 starts at $799, the same as the iPhone 14 launched in 2022, with iPhone 15 Plus starting at $899. The premium version of the iPhone 15 Pro starts at $999 and iPhone 15 Pro Max starts at $1199.
China will accept pre-orders on September 15 and go on sale on September 22. In China, iPhone 15 Pro starting price unchanged, 128G capacity of 7999 yuan, iPhone 15 Pro Max starting price increased to 9999 yuan, 128G capacity option has been cancelled.
In terms of screen size and functionality, 6.1 inches is the iPhone 1...
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