Most Chinese stocks rose
Here is the translation of the provided text into English:
1. As of press time, Dow futures were down 0.13%, S&P 500 futures were down 0.17%, and Nasdaq futures were down 0.22%.
2. [Most Chinese concept stocks rise before the market opens] Most Chinese concept stocks rose before the market opened, with Fangdd up more than 7%, Ctrip Group up nearly 4%, and iQIYI up more than 2%.
3. [Pfizer falls more than 2.5% before the market opens] Pfizer fell more than 2.5% before the market opened. In terms of news, the company has terminated two clinical studies of Sisunatovir for the treatment of respiratory syncytial virus (RSV) infection. It is reported that Sisunatovir is an oral RSV fusion protein inhibitor aimed at preventing the fusion of the RSV virus with host cells.
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4. [Tesla will hold a "WE, ROBOT" press conference] Tesla China confirmed that Tesla will hold a "WE, ROBOT" (We, Robot) press conference at Warner Bros. Studios in Burbank, California, USA, at 10:00 AM Beijing time on October 11, 2024. It is expected to release new products and technologies such as Robotaxi.
5. [Amazon will integrate Apple's Apple TV+ service] Amazon announced that US Prime Video users will be able to subscribe to Apple's Apple TV+ service directly through Prime Video later this month. The monthly fee for this new service is $9.99.
6. [Impax believes Nvidia's market value is still underestimated] According to foreign media, Ian Simm, founder and CEO of Impax, a London-based asset management company managing $50 billion in assets, said in an interview that although Nvidia's market value has exceeded $3.2 trillion, it is still lower than its true value.
7. [Citigroup seeks to dismiss New York cyber fraud claim lawsuit] According to foreign media, a Citigroup spokesman said that lawyers have urged US District Judge Paul Oetken to dismiss the lawsuit filed by New York Attorney General Letitia James in January, which accused Citibank, a subsidiary of Citigroup, of failing to compensate customers who suffered cyber fraud.
8. [OpenAI asks the court to dismiss Musk's lawsuit] According to media reports, in February of this year, Musk filed a lawsuit alleging that OpenAI violated its founding goals and mission in providing financial support and other assistance to its establishment, turning instead to pursue profits. In June, Musk withdrew this lawsuit and refiled it in August. Recently, OpenAI has asked the judge to dismiss Musk's lawsuit.
9. At 20:30 Beijing time, the US September CPI was released. The market expected the September CPI to rise 0.1% month-on-month, lower than the previous month's 0.2%; the core CPI fell to 0.2% month-on-month, also lower than the previous month's 0.3%. The market is worried that if inflation picks up, the Federal Reserve may pause rate cuts in November.
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