Us producer prices rose significantly more than expected in September from a year earlier, driven by fuel costs, and are likely to continue to support high inflation. On Wednesday (October 11) before the US stock market, the data released by the US Labor Department showed that the PPI (industrial producer price index) in September rose 0.5% from the previous month, up 2.2% from the same period last year, higher than the market's previous expectations of 0.3% and 1 ... 阅读全文

On the 11th local time, the three major US stock indexes closed up for the fourth consecutive day. By the close, the Dow was up 0.19%, the S&P 500 was up 0.43%, and the Nasdaq was up 0.71%. The Fed minutes showed all members agreed the central bank could "proceed cautiously"; Fed officials generally viewed the risks to the target as more bidirectional; Agreed that interest rates should remain limited for a certain period of time. Most Fed officials thought one mor ... 阅读全文

U.S. stocks have surprised many on Wall Street this year with a strong rally that defied decades of high interest rates and calls for a recession. Slowing inflation and hype about artificial intelligence have fueled the rally. But some time ago, the Fed's unwavering long-term rate hike stance and the deepening rout in the bond market dealt a fatal blow to the US stock market, with the S& 500 index (S& P 500) gave up gains since the start of the year. But with t ... 阅读全文

(Buffett's new "prey" analyst: Insurance companies and banks could be the next target) Buffett bought shares in Japanese trading companies, helping to drive the country's stock market to multi-decade highs. Some analysts pointed out that six months later, insurance companies and bank stocks are expected to become Buffett's next investment targets in Japan.

Microsoft said in a regulatory filing on October 11 that it will appeal the IRS's decision to recover at least $28.9 billion in taxes from Microsoft. The collection is related to Microsoft's operations to distribute income and expenses among its global subsidiaries between 2004 and 2013.

On October 10, it was reported that Xiaopeng Automobile announced the suspension of Li Feng, the head of the procurement department, and a number of employees cooperated with the investigation. This incident involves the anti-corruption of Xiaopeng Motor's internal supply chain, involving multiple levels and involving the police.

Goldman Sachs announced in a statement on October 11 that it had signed an agreement to sell specialist lender GreenSky and related loan assets to a consortium of institutional investors led by Sixth Street. The transaction is expected to close in the first quarter of 2024. The consortium also includes private equity firm KKR, Bayview Asset Management and credit card company CardWorks, according to the statement. Bond giant Pacific Investment Management will buy ... 阅读全文

Gene technology company Panchild announced on October 11 that it has officially signed a privatization merger agreement, corresponding to the pan-child transaction valuation of about $126 million. Under the agreement, the purchase price per common share is $0.272, representing a 42% premium over the last trading day prior to the announcement. Panson will merge with the parent company (New Genetron Holding Limited) and Panson will continue as a surviving entity and ... 阅读全文

On October 12, Panson issued an announcement announcing that it had officially signed a privatization merger agreement, corresponding to the valuation of the Pan-son transaction of about $126 million. Under the agreement, Panson will merge with the parent company (New Genetron Holding Limited), and Panson will continue as a surviving entity and become a wholly-owned subsidiary of the parent company. The buyer group participating in the transaction includes CICC C ... 阅读全文

Securities Times e Company news, Panson (NASDAQ:GTH) announced the formal signing of the privatization merger agreement on the 12th, corresponding to the transaction valuation of about $126 million. Under the agreement, Panchild will merge with the parent company and Panchild will continue as a surviving entity. The buyer group involved in the transaction includes CICC Cangrui Medical Fund, Wealth Strategy Holding Limited, Wuxi Guolian Group, etc. The purchase pri ... 阅读全文

A Netflix spokesperson confirmed media reports on October 11 that Netflix's animation division will be restructured, resulting in layoffs and the suspension of two films in the pipeline. The spokesman did not comment further.

Microsoft said in an 8-K filing on Wednesday that the Internal Revenue Service (IRS) notified the company in September that it was required to pay an additional $28.9 billion in taxes, as well as penalties and interest for tax years 2004 through 2013. Microsoft said the issue involved the company's distribution of profits between different countries and jurisdictions between 2004 and 2013. At issue is a 2012 IRS audit of transfer pricing. Transfer pricing is a wa ... 阅读全文

Exxonmobil and shale oil giant Pioneer Natural Resources issued a joint statement on October 11, announcing a definitive agreement to merge. The acquisition is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil's Oct. 5 closing price, according to the statement. Under the terms of the agreement, Vanguard shareholders will receive 2.3234 shares of Exxon Mobil for each Pioneer share they own at the time of closing. Including ne ... 阅读全文

Eastern time on Wednesday, the three major indexes of the US stock market shook up, as of press, the Dow was down 0.14%, the Nasdaq was up 0.21%, and the S&P 500 was down 0.02%. Gold stocks surged, with Harmony Gold up more than 7%, Goldfields up more than 6% and AngloGold up more than 5%. Among individual stocks, ExxonMobil fell more than 4 percent after it agreed to buy Pioneer Natural Resources for $253 a share, giving the company about 16 billion barrels of oi ... 阅读全文

Microsoft has tweaked the terms of its agreement to acquire Activision Blizzard in an effort to win approval from the U.K. The EU did not object to the move. The UK mergers and acquisitions regulator is expected to approve the deal within days.

[Biotech company Tempest skyrocketed 3,972%! New data confirms positive results for liver cancer therapy] On Wednesday, Tempest Therapeutics, Inc., a clinical-stage oncology company. Shares surged 3,972.53 percent to $9.77. Today, Tempest announced the results of the latest positive data obtained in the clinical trial of its development "TPST-1120". TPST-1120 is an oral, selective PPARα small molecule antagonist. Data from a globally randomized Phase 1b/2 clinica ... 阅读全文

[Federal Reserve Minutes: "The last plus" is far from a set "caution" is the consensus] In the minutes of the September meeting, on the question of whether there is a need to continue to raise interest rates, most participants believe that it is appropriate to raise interest rates again at a future meeting, while some members believe that there is no need to raise interest rates later. All participants agreed that the committee was in a position to "proceed cautio ... 阅读全文

[Loss of up to 40 billion! Us auto industry strike escalates Car companies while negotiating layoffs] The United Auto Workers (UAW) strike against Detroit's three major automakers has entered its fourth week, and there is still no sign of an end. Faced with workers' demands for a 40 percent pay rise, automakers are negotiating lower increases while laying off workers en masse, claiming they are balancing higher costs.

Eastern time on Wednesday, the three major indexes of the US stock market closed up, the Dow rose 0.19%, the Nasdaq rose 0.71%, and the S&P 500 rose 0.43%. Most popular Chinese stocks rose on Wednesday, with the Nasdaq Gold Dragon closing up nearly 0.4%.

[Top 20 US stock turnover: Tesla's 20,000th 4680 battery is off the line; Microsoft fine-tuned the terms of the agreement to acquire Activision Blizzard] Tesla closed down 0.24%, trading $27.291 billion. The company announced Wednesday that the 20,000th 4,680 battery has rolled off the production line at the Gigafactory in Texas, USA; Microsoft closed 1.23 percent higher on $6.513 billion. Microsoft has reportedly fine-tuned the terms of its agreement to acquire A ... 阅读全文