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The Nasdaq fell 1% intraday as Powell said stock market valuations are high and gave no hint of a rate cut in October.

The Nasdaq fell 1% intraday as Powell said stock market valuations are high and gave no hint of a rate cut in October.

``` On Tuesday, Federal Reserve Chairman Jerome Powell stated that asset prices are currently at relatively high levels. In a speech in Providence, Rhode Island, during the Q&A session, Powell was asked to what extent he and his colleagues pay attention to market prices, and whether they have a

Trump administration plans major overhaul of H-1B lottery system, prioritizing high salaries and high skills; industry: faces legal challenges

Trump administration plans major overhaul of H-1B lottery system, prioritizing high salaries and high skills; industry: faces legal challenges

``` The Trump administration is proposing major changes to the H-1B visa selection process, which is heavily used by the tech industry, shifting visa allocation from the current random lottery to a system based on the required skill level of the position and the salary offered. According to CCTV News, on

Wall Street strategists face the biggest "catch-up dilemma" of 2024 as their forecasts fail to keep up with the market.

Wall Street strategists face the biggest "catch-up dilemma" of 2024 as their forecasts fail to keep up with the market.

``` Top stock strategists on Wall Street are finding that their market forecasts are being left far behind by an unexpectedly strong rally, forcing them into a tough "chasing gains" race, repeatedly raising targets that once seemed conservative. This record-breaking stock market surge has pushed the S&P

Harmony Intelligent Mobility Launch Event: Shangjie H5 Released, Starting Price 159,800 RMB

Harmony Intelligent Mobility Launch Event: Shangjie H5 Released, Starting Price 159,800 RMB

``` On September 23, SAIC Group President Jia Jianxu officially announced the launch of the Shangjie H5 at the HarmonyOS Intelligent Mobility press conference. Jia Jianxu stated that the car features the comfort of the GL8, the quality of the Santana, and the intelligence of Huawei. Since small pre-orders opened on

After surging 40%, Micron needs guidance that exceeds expectations to justify its valuation.

After surging 40%, Micron needs guidance that exceeds expectations to justify its valuation.

``` After the US stock market closes on Tuesday, Micron Technology will release its earnings report. The market will closely watch whether this memory chip manufacturer can provide sufficiently strong guidance to support its astonishing nearly 40% increase in September. Wall Street expects Micron to give an optimistic outlook for its

NIO’s “self-redemption”: After improvements in sales, next comes the finances

NIO’s “self-redemption”: After improvements in sales, next comes the finances

``` For investors following NIO, this latest report from Nomura Securities delivers a complex but clear signal: NIO's "self-redemption" has begun, but is far from complete. According to information from Chasing Wind Trading Desk, in a report on the 22nd, Nomura stated that NIO, relying on its

Taobao's overseas expansion enters a boom period

Taobao's overseas expansion enters a boom period

``` Author | Huang Yu Editor | Wang Xiaojuan In recent years, with the booming development of global cross-border e-commerce, the e-commerce giant Taobao has also rushed to the front lines, truly delving into cross-border e-commerce operations since last year and driving rapid growth in Taobao’s overseas ventures. On September 22, Taobao