
AI-generated summary
The market is awaiting the release of U.S. inflation data next week and the start of the third-quarter corporate earnings season. Energy prices fluctuate due to geopolitical news, while technology stocks are affected by product cycles and competitive landscape.
U.S. stocks rose on Friday. (Bloomberg)
[Real-time News/Comprehensive Report] Wall Street stocks were mixed on Friday, with the market turning its attention to inflation data released next week and the third-quarter earnings season. The Dow Jones Industrial Average rose 423.31 points or 0.83%, the S&P 500 Index rose 0.59%, the Nasdaq Index rose 0.64%, the Philadelphia Semiconductor Index fell 0.41%, and TSMC ADR fell $4.68 or 1.02% to close at $453.31.
According to foreign media reports, U.S. President Trump said that Russian President Vladimir Putin agreed to supply diesel to the U.S. and global markets, and the stock market hit the high of the day. West Texas Intermediate crude futures ended slightly higher, with Brent crude near $92 a barrel.
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SpaceX and satellite companies announced a deal to acquire a nationwide spectrum portfolio, posing a direct challenge to U.S. wireless communications companies, and their shares rose 1.25%. Telecom stocks AT&T, Verizon Communications and T-Mobile fell as they faced competition.
Apple's stock price fell 1.1% after reports that it has told some suppliers to cut component production for the newly launched iPhone 18 Pro and iPhone 18 Pro Max due to soaring memory chip costs and rising prices, which have suppressed consumer demand.
In addition, software stocks led the gains, among which network security company Palo Alto Networks performed well, rising 5.09%, while CrowdStrike and Palantir rose 4.57% and 5.17% respectively. Microsoft rose 2.38%, Amazon rose 3.29%, and Huida fell 0.52%.
The Dow Jones Industrial Average rose 423.31 points, or 0.83%, to close at 51,654.95 points.
The S&P 500 index rose 46.18 points, or 0.59%, to close at 7811.54 points.
The Nasdaq Composite Index rose 172.83 points, or 0.64%, to close at 27366.17 points.
The Philadelphia Semiconductor Index fell 51.29 points or 0.41% to close at 12572.42 points.
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AI outlook — possibilities, not facts
Dow Jones Industrial Average to remain volatile ahead of next week's inflation data
Possible · Within days
The final output of Apple’s iPhone 18 Pro series will depend on the supply of memory chips
Possible · Within weeks

The 23rd China-ASEAN Expo was held in Nanning. The 11 countries gathered together for the first time after ASEAN’s expansion, and Timor-Leste participated as a co-organizer for the first time. The exhibition will set up a future space and science and technology innovation and growth exhibition area, and the first new products will be unveiled. Participants such as small and medium-sized merchants, East Timor coffee companies, Thai peanut chip merchants, and Cambodian digital government representatives said that the Chinese market is vast and the platform is efficient, and they look forward to deepening cooperation. New areas such as the silver economy and AI+ finance will be exhibited for the first time. The Secretary-General of ASEAN called for the use of version 3.0 of the Free Trade Area to cultivate new growth momentum and achieve common prosperity.

Since HTC entered the VR market in 2015, it has faced the challenges of high research and development costs and an immature market. It has maintained operations through asset realization strategies such as selling real estate, teams, and patents, and reversed losses with the outside income gained thereby. According to the latest semi-annual report, its total assets still reached 38.86 billion yuan, showing a solid financial foundation. Over the years, except for profits from asset disposals in 2018 and 2025, the core business has continued to suffer losses for many years.

Wang Xuehong, chairman of HTC, once caused controversy by calling HTC a brand created by Chinese people. In recent years, the operations of Chinese subsidiaries have deteriorated, and HTC has begun divestment and liquidation. Weihong Electronics and HTC Communications have respectively reduced their capital, and their book values have shrunk significantly. Many subsidiaries have been canceled or dissolved, and the total losses are estimated to reach tens of billions.

British Prime Minister Burnham proposed an innovation-driven ‘re-industrialization’ strategy at the Manchester Innovation Nation Conference, aiming to address the UK’s long-term productivity slump and regional economic imbalances. He proposed to stimulate investment, create jobs, narrow regional gaps and increase potential economic growth by guiding capital flows to local high-growth companies, reforming non-competition rules and favoring industrial investment in weak areas such as northern England.
By the end of 2025, my country has 54,340 inspection and testing institutions that have obtained CMA qualifications, and issued 571 million reports throughout the year. Inspection and testing play a key role in humanoid robot safety certification, jewelry live broadcast quality inspection, and cable export mutual recognition, promoting industrial optimization and upgrading, maintaining market order, and promoting international trade facilitation.

The Port of Los Angeles recorded its best quarter in history from July to September with nearly three million TEUs, and almost four million container units moved from June through September, marking the strongest four-month stretch in port history, according to executive director Gene Seroka.