The Nasdaq fell nearly 2%, with the largest selling volume of the 'Seven Sisters' in a year and a half, while small caps and Chinese concept stocks surged, and US bonds rose sharply.

Comprehensive cooling of US inflation, September rate cut betting pushing US stocks rotation, S&P and Nasdaq ended seven-day consecutive gains and moved away from their highs, Tesla plummeted 8.4%, the worst in nearly half a year and stopped 11-day consecutive gains, Nvidia fell 5.6%, and the chip index fell 3.5%. The Russell 2000 small-cap stocks rose 3.6%, the best since November last year and the highest in two and a half years, and the worst-performing real estate sector this year had the largest increase in the year. US bond yields fell sharply across the board, with the US dollar falling the deepest in two months. The yen rose by 2.6% at one point, the biggest gain since the end of 2022, and anonymous officials confirmed that the government intervened to rescue the currency.

wallstreetcn03:31 ET

How will Apple Vets transform Siri?

With the help of Apple's Asia vets, Siri will evolve into a true intelligent assistant, improving user experience greatly through intelligent search, context understanding, and cross-App automatic operation. It really is 'hands-free'.

wallstreetcn03:13 ET

After Losing $150B Nvidia Opportunity, Masayoshi Son's SoftBank Acquires UK Chipmaker Graphcore In Major AI Push

SoftBank Group Corp. (OTC:SFTBF) (OTC:SFTBY) led by has announced the acquisition of Graphcore, a UK-based chipmaker, in a significant move to bolster its artificial intelligence capabilities.What

Benzinga02:45 ET

Can Apple rescue Vision Pro? Apple is looking to develop a "killer-level" application for its high-priced headsets.

The first VR headset from Apple, Vision Pro, is facing a dilemma of lacking content. After five months on the market in the USA, Apple announced that Vision Pro has 'over 2,000 apps', but compared to iPhone and iPad during the same period, this number is insignificant. According to Appfigures data tracking the App Store list, the number of new apps launched for Vision Pro has dropped sharply this year. Some market analysts pointed out that in order for consumers to 'willingly' buy this device, which is priced as high as $3,500,

wallstreetcn02:34 ET

Ark's Cathie Wood Sees Tesla's Robotaxi Delay as Positive Sign

Tesla Inc. is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with the decision. Ark Investment CIO Cathie Wood sees the 2-month delay as something of a positive sign.

Bloomberg02:26 ET

EXCLUSIVE: As Lucid Gears Up To Take On Tesla's Model X, Analysts Lay Out The Problems With Luxury EV Startup's Elon Musk-Inspired Approach

Lucid Group (NASDAQ:LCID) reported quarterly deliveries of over 2,000 vehicles for the first time earlier this week. While it has consistently reduced the amount of loss per vehicle over the

Benzinga02:23 ET