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US Stock Futures Extend Losses, Nasdaq 100 Futures Down 1.5%

US stock futures extended their losses, with Nasdaq 100 futures down 1.5%, S&P 500 futures falling 0.6%, and Dow futures decreasing by 0.1%.

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    On September 14, Foreign Ministry spokesperson Guo Jiaqin hosted a regular press conference. A reporter asked about statements from a U.S. AI company claiming that China's AI development poses a threat to the U.S. Guo Jiaqin stated that the development of artificial intelligence concerns the common well-being of all humanity, and all parties should work together to promote AI that is open, inclusive, beneficial, and aimed at good. Spreading various threat narratives and engaging in confrontation and malicious competition will only disrupt the global governance process of AI and is not in the interest of any party. (CCTV News)

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  • U.S. Stock Futures Extend Losses, Nasdaq 100 Futures Down 1.5%

    U.S. stock futures extended their losses, with Nasdaq 100 futures down 1.5%, S&P 500 futures down 0.6%, and Dow futures down 0.1%.

  • Economist Yao Yang: Retail Investors Can Never Compete with Institutions, Don't Be 'Chives'

    On September 14, in a recent interview with 'Financial New Momentum', Yao Yang, Dean of the Advanced Institute of Finance at Shanghai University of Finance and Economics and a visiting professor at Peking University, discussed whether A-shares can truly become an important channel for residents' wealth growth. Yao believes that both A-shares and U.S. stocks have significant advantages for institutional investors in terms of professional skills, information access, and research resources. It is difficult for ordinary investors to compete with institutions in the long term when entering the market directly. 'This is likely the case worldwide; retail investors find it hard to compete with institutions.' Yao suggests that ordinary investors looking to invest through the capital market should consider products managed by professional institutions rather than blindly trading on their own, which could lead them to become 'chives'.

  • Economist Yao Yang: Retail Investors Can Never Compete with Institutions, Don't Be 'Chives'

    On September 14, 'Financial New Momentum' interviewed Yao Yang, Dean of the Advanced Institute of Finance at Shanghai University of Finance and Economics and Visiting Professor at Peking University. Regarding whether A-shares can truly become an important channel for residents' wealth growth, Yao Yang believes that both A-shares and U.S. stocks have institutional investors with significant advantages in professional capability, information access, and research resources. Ordinary investors find it difficult to compete with institutions in the long term when entering the market directly. 'This is likely the case worldwide; retail investors find it hard to compete with institutions.' Yao Yang suggests that if ordinary investors wish to invest through the capital market, they should consider products managed by professional institutions rather than blindly trading on their own, which could lead them to become 'chives.'

  • Senator Lummis: Trump Voluntarily Agreed to New Ethical Provisions in the Clarity Act

    On September 14, U.S. Senator Cynthia Lummis posted on platform X, stating, "After a year of intense daily bipartisan negotiations, this bill is ready. Here is the final text. President Trump has voluntarily agreed to new ethical provisions that implement one of the strictest ethical restrictions in American history for all federally elected officials, judges, and their spouses. This new text incorporates over 120 demands put forth by the Democrats. If a no vote is cast on Tuesday, it would signify opposition to genuine ethical reforms regarding the personal investment behaviors of politicians, ceding America's leadership in the digital asset space to foreign competitors, and leaving the American public unprotected in the digital asset market. The Democrats' demands have been met; now, they need to accept this bill and vote in favor."

  • Senator Lummis: Trump Voluntarily Agreed to New Ethical Provisions in the Clarity Act

    On September 14, U.S. Senator Cynthia Lummis posted on X platform stating, "After a year of intense bipartisan negotiations, this bill is ready. Here is the final text. President Trump has voluntarily agreed to new ethical provisions that implement one of the strictest ethical restrictions in U.S. history for all federally elected officials, judges, and their spouses. This new text incorporates over 120 demands put forth by the Democrats. If a 'no' vote is cast on Tuesday, it would signify opposition to genuine ethical reforms regarding the personal investment behaviors of politicians, ceding America's leadership in the digital asset space to foreign competitors, and leaving the American public unprotected in the digital asset market. The Democrats' demands have been met; now, they need to accept this bill and vote in favor."

  • BTC Surpasses $77,500

    Market data shows that BTC has surpassed $77,500, currently priced at $77,597.35, with a 24-hour increase of 0.51%. The market is highly volatile, so please ensure proper risk management.

  • BTC Surpasses $77,500

    Market data shows that BTC has surpassed $77,500, currently priced at $77,597.35, with a 24-hour increase of 0.51%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has selected Nasdaq as the potential listing venue for its IPO. According to another insider, the company, which plans to go public in October, has chosen Nasdaq, marking a significant win for the exchange in its competitive landscape. Earlier this year, Nasdaq successfully secured the listing of SpaceX, which is valued at $1.75 trillion, while some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns regarding the existential threats AI may pose to humanity.

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