Amazon's Prime membership sign-ups have slowed, with 5.4 million new subscribers added in the U.S. over the 25 days leading up to and including Prime Day, falling short of last year's numbers and company targets. Despite record sales during the event, the lead-up weeks saw a decline in sign-ups. To boost growth, Amazon is ending account sharing outside households and expanding its student plan. Analysts remain optimistic about Amazon's long-term market share, although stock performance has been affected by slower growth in its cloud division.

Amazon Faces Prime Membership Slowdown Even As Shoppers Spend Big

U.S. District Judge Amit P. Mehta ruled to prohibit Google from signing exclusive search agreements but rejected the Department of Justice's request for severe measures such as forcing the divestiture of the Chrome browser. The judge clearly stated that Google can continue to pay for the distribution of its products, and banning these agreements would harm the interests of partners like Apple

The court ruling brings an "unexpected victory," and Apple's $20 billion search revenue is "secured"!

Since the beginning of this year, Salesforce's stock price has fallen by 24%, making it one of the 30 worst-performing stocks in the S&P 500 index. Investors are concerned whether artificial intelligence is a tailwind for Salesforce's growth or a headwind that disrupts its business model. The company is set to announce its earnings report after the market closes on Wednesday

The Predicament of Software Giants: Is Salesforce Falling Behind in the AI Race?

In the AI hardware race, while Nvidia dominates the spotlight, Broadcom is emerging as a formidable competitor with its smart silicon and networking solutions. Collaborating with Google on the Ironwood TPU, Broadcom anticipates $9 billion in near-term revenue and $15 billion over its lifetime. Analysts project a 60% growth in Broadcom's AI business by fiscal 2025, reaching $19–20 billion. Additionally, Broadcom's Tomahawk Ultra networking solution enhances its position in hyperscaler datacenters, with AI-related revenue expected to rise significantly. Despite Nvidia's current lead, Broadcom's strategic moves position it as a stealth rival in AI infrastructure.

Broadcom Vs. Nvidia: The AI Chip War You're Not Watching

Hertz Global and Amazon have announced a deal for Hertz to sell used cars on Amazon's website, leading to a 12.5% increase in Hertz's share price. The deal, currently in a test phase in select metro areas, aims to expand Hertz's car sales and diversify revenue streams. Despite challenges in Hertz's core rental business, the partnership could provide long-term value if successful. Investors are advised to wait for results from the test markets before making decisions on Hertz's stock.

Hertz and Amazon Strike a Deal, and Hertz Investors Could Be Reaping the Rewards

The U.S. District Court for the District of Columbia ruled that Google will face restrictions in the antitrust case concerning the search market, but it did not mandate a breakup. Google is prohibited from entering into exclusive agreements with device and browser manufacturers but can still pay fees to maintain product distribution. The ruling confirmed that Google's actions were illegal but did not require the divestiture of the Chrome browser. Google's stock price rose by more than 6%, with analysts believing that this ruling is favorable for Google's collaboration with Apple in the AI field. The Department of Justice is considering an appeal, arguing that the current measures are insufficient to restore fair competition

Google antitrust case ruling issued: Avoid forced divestiture, exclusive agreements restricted

MIDEA GROUP confronts the "spinoff listing curse"

Experts on CNBC's 'Final Trades' recommend Netflix, Amazon, MPLX, and Valero Energy as promising stocks amid market uncertainties. Netflix is projected to grow 32% with a recent revenue increase in the UK. Amazon's new AI feature enhances product discovery. MPLX offers a 7.5% dividend yield and is selling assets for $1 billion. Valero reported strong earnings, exceeding estimates. Stock performances included Netflix up 0.5%, Amazon down 1.6%, MPLX up 0.2%, and Valero up 1.5%.

Amazon, Netflix, MPLX And An Energy Stock On CNBC's 'Final Trades'

U.S. stock index futures were mixed, with tech stocks like Google and Apple rising in pre-market trading. Market sentiment was dampened by concerns over government spending and a reassessment of tech stock valuations. Federated Hermes believes that strong corporate earnings and economic prospects present a good buying opportunity during the pullback. The CEO of Deutsche Bank stated that global bond yields will remain high, reflecting political uncertainty and rising debt

U.S. Stock Market Outlook | The three major stock index futures are mixed, with Google and Apple rising in pre-market trading as the Federal Reserve's Beige Book is about to be released

Alibaba's DingTalk has launched an AI voice recorder to compete with U.S. rival Plaud. The device, priced around $70, transcribes and summarizes meetings while offering real-time translation in over 100 languages. This launch reflects Alibaba's commitment to AI, despite recent financial challenges. Analysts note the company's strengths, particularly in its Cloud division, which saw a 26% revenue increase. However, BABA shares fell 1.08% to $137.06 in premarket trading.

Alibaba Unveils AI Voice Recorder To Take On US Rival Plaud

According to foreign media reports, as part of the global restructuring plan announced in July, Microsoft is planning to cut 10% of its workforce in France. This layoff is expected to affect about 200 Microsoft employees in France. This is not the first time Microsoft has made significant layoffs this year. In May, Microsoft announced it would reduce its global workforce by less than 3%, affecting about 6,000 people. The impact of this round of layoffs is greatest at Microsoft's headquarters in the United States. Microsoft has notified the government of Washington State, where its headquarters is located, that the number of layoffs at the headquarters will reach 1,985, with many employees holding positions in software engineering and product management. Additionally, according to news from July, Microsoft had planned to cut about 9,000 jobs globally in this latest round of layoffs. The number of layoffs in this round is less than 4% of the company's total global workforce, involving employees from different departments, regions, and levels of experience

Microsoft plans to cut 10% of its workforce in France, affecting about 200 positions

Gold prices continue to hit new highs, mainly influenced by rising expectations of interest rate cuts. Zijin Mining's H shares are trading at a premium due to its shareholders enjoying subscription rights, and it is expected that the valuation will further increase after the spin-off of Zijin Gold International. In contrast, Chifeng Gold's H shares are priced lower, which may attract capital inflow into Zijin Gold International. In the U.S. stock market, Newmont announced a buyback plan, with its stock price rising by 20%, reflecting the impact of capital resonance between China and the U.S

Hong Kong Stock Review: Gold Continues to Reach New Highs

The delivery subsidies have accelerated the business expansion of SF INTRA-CITY, with three main beneficiaries: consumers, milk tea shops, and instant delivery service providers. In the second quarter, the total subsidies from delivery platforms amounted to approximately 40 billion yuan, and it is expected that the subsidy intensity will be even higher in the third quarter, putting pressure on platform profits. Alibaba and JD.com stated that subsidies can activate users, and delivery subsidies will become normalized and penetrate into near-field e-commerce, with SF INTRA-CITY expected to continue benefiting

Under the 10 billion subsidy for food delivery, who is happy and who is worried

Federated Hermes's Deputy Chief Investment Officer Steve Chiavarone stated that due to strong corporate earnings and economic prospects, the pullback in the U.S. stock market may be brief and limited. He suggested increasing positions when the market weakens and believes that market pullbacks are healthy and help to eliminate bubbles. Several Wall Street analysts hold an optimistic view on the U.S. stock market outlook, believing that under the backdrop of the Federal Reserve's interest rate cuts and robust corporate earnings, the U.S. stock market is expected to continue rising

Another institution is bullish! Federated Hermes: Strong corporate earnings and economic outlook support US stocks, providing a good buying opportunity during the pullback

Before the Federal Reserve's decision, concerns about inflation and the government's fiscal situation intensified, with the 30-year U.S. Treasury yield rising above 5%, reaching a new high since July, which weighed on U.S. stocks. This key signal forced investors to reassess the high valuations in the stock market, particularly for interest rate-sensitive technology stocks, while the market is also closely monitoring the upcoming employment data for new clues on the direction of Federal Reserve policy

Before the Federal Reserve's decision, U.S. long-term bond yields broke through 5%, what signal does this send?

Contemporary Amperex Technologies Ltd. (CATL) leads the global EV battery market with a 37.5% share, supplying over 221.4 GWh from January to July 2025. BYD follows with 17.8% market share and 105 GWh installations. GM partners with CATL for LFP batteries for the Chevrolet Bolt EV, while Ford begins production at its BlueOval SK plant. Tesla focuses on robotics and AI, while BYD faces a 30% profit decline due to market pressures. CATL's growth is notable with a 34% YoY increase, while BYD surged 52.4%.

Tesla, GM Supplier CATL Dominates Global EV Battery Supply Charts With 37.5% Market Share, BYD Emerges 2nd

Alphabet Inc. (NASDAQ: GOOG) shares rose 5.75% in pre-market trading following a favorable ruling in a significant antitrust case, where a judge rejected the Department of Justice's request to break up Google’s services. Apple Inc. (NASDAQ: AAPL) also saw a 2.88% increase as the ruling allows Google to continue paying Apple to keep its search engine as the default on iPhones. Analysts view the decision as a major win for both companies, although some lawmakers are calling for an appeal to break up Google.

Alphabet, Apple Stocks Climb In Wednesday Pre-Market: What's Going On?

Solidion Technology surged over 120% in pre-market trading. Previously, there were reports that Solidion's joint innovative technology "molten salt electrochemical graphitization" in collaboration with Oak Ridge National Laboratory (ORNL) won the 2025 R&D 100 Award

Solidion Tech surged over 120% in pre-market trading

U.S. stock futures showed mixed trading on Wednesday after declines on Tuesday, with major indices fluctuating. President Trump signed an executive order to boost nuclear power production, while Treasury Secretary Bessent highlighted potential economic benefits from tariffs. The S&P Global manufacturing PMI and construction spending data were released, showing mixed results. Analysts express uncertainty for September, traditionally a weak month for equities, but LPL Financial suggests strong momentum may lead to positive performance. Contrarily, investor Ray Dalio warns of fiscal risks due to high national debt and spending.

Stock Market Today: Nasdaq Futures Rise, Dow Slips Amid Mixed Trade—Alphabet, Dollar Tree, Campbell's In Focus

U.S. markets began September on a weak note, with all major indexes declining due to seasonal weakness and rising yields. The S&P 500 fell 0.69%, the Nasdaq Composite dropped 0.82%, and the Dow Jones Industrial Average decreased by 0.55%. Analysts note the "September Effect," where the S&P typically declines 0.8% this month. Political tensions and concerns over government debt add to the cautious sentiment, as traders await key economic reports that may impact Federal Reserve policy.

Stock Market Today: September Starts Weak as All Major Indexes Slip

According to the Zhitong Finance APP, Tencent Holdings announced that it will spend HKD 551 million to repurchase 916,000 shares on September 3, 2025, with a repurchase price per share ranging from HKD 596.5 to HKD 612.5

On September 3rd, Tencent spent HKD 551 million to repurchase 916,000 shares

Shares of Alphabet Inc. rose 5.8% to $223.55 in pre-market trading after a U.S. judge ruled that Google does not need to divest its Android operating system or sell Google Chrome. Other notable pre-market movers include Solidion Technology, up 130.1%, and Great Elm Group, up 46.1%. Conversely, SmartKem, Inc. saw a decline of 21.4% after a significant gain the previous day. Overall, the market showed mixed results with various stocks experiencing notable gains and losses in pre-market trading.

Why Alphabet Shares Are Trading Higher By Around 6%; Here Are 20 Stocks Moving Premarket

Tesla is appealing a Miami Federal court's decision to pay $243 million in damages for a fatal Autopilot crash, claiming the ruling contradicts Florida tort law and common sense. Tesla argues the crash was due to reckless driving, not its technology. The case highlights ongoing scrutiny of Tesla's Full Self-Driving system, which faces lawsuits over safety concerns. Meanwhile, Tesla is expanding its Robotaxi services and focusing on AI development, with Elon Musk predicting significant future value from its Optimus robot line.

Elon Musk-Led Tesla Challenges $243 Million Florida Crash Judgement, Says Court's Decision 'Flies In The Face Of Common Sense

Due to the depreciation of the Vietnamese dong and the high valuation of the stock market, foreign investors are withdrawing from the Vietnamese stock market at a record pace, resulting in a net sell-off of USD 1.5 billion in August, setting a historical high. Analysts point out that the poor exchange rate outlook and profit-taking are the main reasons for the capital outflow. The exchange rate of the Vietnamese dong against the US dollar has depreciated by about 3.4% and is expected to weaken further. Although the capital outflow is particularly evident in Vietnam, emerging markets are generally facing similar issues

The depreciation of the Vietnamese dong and the impact of high valuations have led to the largest foreign capital sell-off in the history of the Vietnamese stock market

Goldman Sachs released a research report forecasting U.S. consumer spending in 2026. Despite concerns about consumer behavior, it maintains a cautiously optimistic outlook. Goldman Sachs recommends investors focus on U.S. stocks such as McDonald's, PepsiCo, Home Depot, and Ulta Beauty, giving them a "Buy" rating; while CarGurus, Colgate-Palmolive, and Conagra Brands are given a "Sell" rating. Goldman Sachs expects disposable personal income to improve in 2026, driving growth in consumer cash flow

Goldman Sachs cautiously optimistic about the U.S. consumption outlook recommends buying these U.S. stocks

Alibaba's shares surged nearly 60% this year, driven by strong growth in its e-commerce and cloud computing segments, particularly fueled by AI advancements. The cloud revenue grew 26% to $4.7 billion, with AI product revenue doubling for eight consecutive quarters. Despite challenges in e-commerce, revenue increased 10% to $19.6 billion. The company is investing $53 billion in AI over three years and transitioning to quick commerce. Although adjusted earnings fell, Alibaba's valuation remains attractive at a forward P/E ratio of 13, suggesting it could still be a solid buy.

Alibaba Shares Rise on AI Strength. Can the Stock's Momentum Continue?

Google's final antitrust ruling is settled; Nvidia refutes rumors of chip shortage | Today's Important News Recap

Jim Cramer defended Apple Inc. (AAPL), claiming a recent U.S. court ruling allows the company to profit from AI rather than incur costs. He argued that instead of spending on AI, Apple will receive payments from major players like Google to integrate their technology. The ruling, which permits Google to continue paying Apple to be the default search engine, positively impacted stock prices, with AAPL rising 2.97% in after-hours trading. Cramer dismissed negative reports about AI talent leaving Apple, suggesting the company now has a clear path to monetize its AI platform.

Jim Cramer Blasts Apple Naysayers, Claims Court Ruling Allows AAPL To Get Paid For AI, Not Pay For It

Citi believes that the impact of AI on the software industry is not a complete disruption, but rather an acceleration of industry differentiation, ushering in an era of "winner takes all." Traditional SaaS models that rely on "seat-based pricing" face severe challenges, while companies that can embrace AI and achieve commercialization will see their valuations continue to rise. Cloud vendors and data infrastructure companies will be the main beneficiaries. The report also provides an "all-weather AI investment portfolio," covering companies such as Microsoft and MongoDB

AI disrupts SaaS? Citigroup: The software industry will enter a "winner-takes-all" era of major differentiation

The lottery is unlikely to make you rich, with odds of winning Powerball at 1 in 292 million. Instead, investing in stocks, particularly Amazon, is a safer and more effective way to grow wealth. Amazon, a leader in e-commerce and cloud computing, has shown significant growth, with a recent revenue run rate of $123 billion from AWS. The company has a strong track record of profitability and is well-positioned to benefit from the AI boom, making it a better investment choice than the lottery.

Playing the Lottery Likely Won't Make You Rich -- But Amazon Just Might

Bank of America stated that there will be over 140 significant events in the remaining four months of this year that will impact the performance of technology stocks. Artificial intelligence continues to be the most important theme in the industry. Meta's upcoming Connect conference is expected to showcase new smart glasses with display capabilities and elaborate on its AI vision. Amazon will hold the AWS re:Invent conference in December, where investors are looking forward to new infrastructure capacity that could accelerate cloud service revenue growth and remain optimistic about AI spending in 2026

In the last four months of this year, these key events will influence the direction of U.S. tech stocks

Nvidia's stock has surged 1,100% in 2023, driven by the AI boom, with a market cap of $4.2 trillion. CEO Jensen Huang announced that the company is in the early stages of a multi-year demand wave for AI chips, with Q2 revenue reaching $46.7 billion, 88% from data centers. Major clients like Alphabet and Amazon are increasing capex forecasts, indicating a potential $4 trillion AI infrastructure spending by 2030. Despite competition, Nvidia's stock remains attractive, trading at a P/E ratio of 49.6, below its historical average, with further growth expected from new GPU architectures.

Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors

Citi pointed out that the iPhone 17 series is a gradual update, with an expected shipment of only 82 million units in 2025, a slight increase from the 81 million units of the iPhone 16. The real long-term catalysts will be the "three horses" in 2026: advanced Siri, foldable smartphones, and Vision Pro 2. These innovative products will drive a stronger replacement cycle and become key growth drivers for Apple. Citi maintains a "Buy" rating on Apple, with a target price of $245

Citigroup: iPhone 17 is unlikely to trigger a replacement wave for Apple, next year's "three drivers" will be key

At the close of the Hong Kong stock market, the Hang Seng Index fell by 0.6%, and the Tech Index fell by 0.78%. BYD ELECTRONIC dropped nearly 5%, while MIDEA GROUP and BYD COMPANY fell by more than 2%

Barclays stated that although the overall valuation of the S&P 500 has reached a price-to-earnings ratio of 22-22.5 times, it is not excessively inflated. The valuations of technology stocks, which serve as the main growth engine of the market, are relatively reasonable. Large technology stocks are trading at about 29 times forward price-to-earnings ratio, still below the end-of-2024 level and lower than their long-term average premium relative to the S&P 500

Barclays: U.S. stocks are not cheap, but tech stocks are not expensive

Bank of America believes that stronger-than-expected job growth may struggle to shake the market's pricing for a rate cut in September, as potential signs of weakness and Powell's dovish stance have already paved the way for policy easing. The unemployment rate is expected to be a key variable: if the unemployment rate falls to 4.1%, the requirements for job numbers will decrease; but if the unemployment rate rises to 4.3%, the requirements will increase significantly

Friday's non-farm payrolls hard to prevent September rate cut? Bank of America Merrill Lynch: The key lies in the unemployment rate and previous value revision

Bitcoin has dropped nearly 12% from its August peak, currently trading around $111,000. Despite a strong year with over 90% gains, recent market dynamics, including a significant sell-off by a major investor, have led to uncertainty. The Federal Reserve's potential interest rate cuts could influence Bitcoin's recovery, but economic data may sway the Fed's decision. While short-term predictions are uncertain, long-term expectations remain optimistic, with Bitcoin viewed as a hedge against inflation and a digital asset akin to gold.

Bitcoin Is Down 12% From Its August Record. Will It Continue to Fall?

Amazon.com Inc. has launched Lens Live, an upgraded visual search tool that allows U.S. shoppers to scan products in real-time using AI technology. The feature enhances the existing Lens tool by providing instant product recognition and displays matches in a swipeable carousel. Integrated with the AI assistant Rufus, it offers conversational prompts and product summaries. The launch positions Amazon against competitors like Google Lens and Pinterest Lens, with Lens usage reportedly growing over 50% in the past year. Initially available to tens of millions of U.S. customers, broader rollout is planned.

Amazon Debuts Lens Live, A Real-Time Visual Search To Rival Google Lens, Pinterest

Nvidia is expected to fulfill its promise of annual chip updates, with the upcoming Rubin architecture set for release in 2026. The company has seen significant earnings from its AI chip market leadership, but concerns about slowing revenue growth persist. If demand for Rubin mirrors that of previous launches, it could drive sales and stock gains, continuing Nvidia's growth trajectory. Despite potential risks, optimism remains due to Nvidia's design experience and production capabilities, suggesting further stock appreciation is likely.

Prediction: Nvidia Will Deliver on This Crucial Promise in 2026 (and the Stock Will Soar)

Wall Street analysts recommend Microsoft as the best trillion-dollar stock to buy, with a target price of $630 per share, indicating a 26% upside. The company is leveraging AI in its software and cloud services, reporting strong financial results with an 18% revenue increase. However, its current valuation at 37 times earnings raises concerns, suggesting that while it may be a good investment, purchases should be limited. Other notable companies include Nvidia and Taiwan Semiconductor, with significant upside potential as well.

The Best Trillion-Dollar Stock to Buy Now, According to Wall Street (Hint: Not Nvidia)

Left hand Doubao, right hand DeepSeek, will it be the standard configuration in the future?

Track Hyper | Tesla AI upgrade reshapes in-car experience

Salesforce CEO Marc Benioff praised Tesla CEO Elon Musk for his advancements in robotics and AI during a recent visit. Benioff shared a photo with Musk and expressed admiration for Tesla's efforts, calling them "inspiring." However, he also voiced skepticism about Artificial General Intelligence (AGI), suggesting that the hype around AI technology is misleading. Meanwhile, Tesla's Master Plan IV emphasizes AI and robotics as key future goals, with Musk predicting that humanoid robots will significantly contribute to Tesla's value. Additionally, Musk's xAI has invested heavily in AI infrastructure and is pursuing legal action against Apple and OpenAI.

Marc Benioff Visits Elon Musk, Hails Tesla CEO's Robotics Push Amid AGI Criticism

Goldman Sachs has lowered its earnings forecast for Alibaba-W for the next two years while maintaining a "Buy" rating. It expects the unit economics of food delivery and instant retail to improve in the coming months and believes that the fiscal quarter ending September will be the peak of losses for these related businesses. Goldman Sachs has reduced its adjusted net profit forecast attributable to common shareholders for the fiscal years 2026 and 2027 by 9% and 4%, respectively, and lowered its EBITA forecast by 11% and 1%. At the same time, it has raised the target price to HKD 158 and USD 163