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Real-time News
On September 18th, Huawei launched the Atlas 950 SuperPod and Atlas 960 SuperPod supernodes at the Huawei Connect Conference. Huawei Vice Chairman and Rotating Chairman Eric Xu stated that, based on the worlds most powerful supernodes and clusters, Huawei is confident in providing sustainable and sufficient computing power for the long-term rapid development of artificial intelligence. Huawei also pioneered supernode technology in general-purpose computing, launching the TaiShan 950 SuperPod, the worlds first general-purpose computing supernode. Xu stated that, combined with the GaussDB distributed database, it can completely replace mainframes and minicomputers, as well as the Exadata database appliance, in various application scenarios, becoming the end-all for mainframes and minicomputers. At the end of his speech, Xu revealed that Huawei has overcome the enormous technical challenges of interconnecting large-scale supernodes and launched the Unified Bus (UnifiedBus) interconnection protocol for supernodes. Huawei will openly release the Unified Bus 2.0 technical specifications in the future.On September 18th, Barclays economists noted that risks to the Federal Reserves interest rate path are leaning toward delaying rate cuts. In a research note, they suggested this could occur if inflation data in early 2026 consistently show strong price increases, or if tariffs boost non-commodity prices amidst a moderate rise in unemployment. Conversely, they added, a sudden surge in unemployment could prompt the Federal Open Market Committee (FOMC) to adopt more aggressive rate cuts. Barclays projects that the FOMC will maintain interest rates unchanged through 2026 until monthly inflation data show signs of slowing and provide confidence that inflation is returning to its 2% target.On September 18th, Allspring Global Investments strategists George Bory and John Campbell wrote in a commentary that the stock market could benefit if the Federal Reserve adopts an accommodative policy approach that is "neither too much nor too little." They stated that continued stock market strength and increased market participation depend on the Feds ability to strike a delicate balance amid uncertainty about tariffs: providing enough accommodative policy to avoid a recession while keeping inflation under control. The strategists added that falling fixed-income rates could also enhance the attractiveness of high-yield stocks as an alternative.On September 18th, Goldman Sachs raised its expectations for SenseTime (00020.HK)s ToC business expansion, predicting the company will begin monetizing through monthly or annual subscription fees after offering new users a free trial. SenseTime has expanded beyond productivity tools to include ToC generative AI applications, including Raccoon Office AI and Kapi Accounting AI. These applications leverage deep analytical capabilities powered by SenseNovas foundational models to address AI-native issues. At the same time, the company offers AI industry solutions for high-demand scenarios, covering market analysis, sales analysis, product development, and enterprise management. This model differentiates it from other AI applications. The bank maintained its "buy" rating on SenseTime, raising its target price from HK$2.72 to HK$3.09. It also lowered its net loss forecasts for 2026 and 2027 to RMB 964 million and RMB 198 million, respectively, and raised its profit forecasts for 2028, 2029, 2030, and 3%, respectively.CITIC Telecom International (01883.HK) will resume trading from 1:00 p.m. today.
