Top economists: Oil prices hold above $80, Fed unlikely to raise rates in September

With both the CPI and PPI cooling, market bets on a Federal Reserve rate hike in September have receded, but this does not mean the interest rate market has entered a "dovish frenzy." Institutions warn that at the Jackson Hole symposium at the end of the month, Governor Waller may adopt a hawkish stance to bolster anti-inflation credibility.

Golden10 Data13minutes ago

Counterpoint: Cumulative smartphone sales in China declined 8.6% year-on-year in the first 30 weeks of 2026, reflecting broad-based pressure on market demand.

In the first 30 weeks of 2026, cumulative smartphone sales in China fell by 8.6% year-on-year. Notably, following the "618" shopping festival, the year-on-year decline in sales widened further into double digits.

Zhitong Finance57minutes ago

Is Apple's foldable iPhone exclusive to the US market and difficult to price? Reports suggest production challenges are constraining initial supply.

① Apple is scheduled to launch new products, including the iPhone 18 Pro, in September; rumors suggest that its first foldable device, the iPhone Ultra, may also be released during the same period. ② A report indicates that due to the high manufacturing complexity of foldable smartphones, Apple may initially limit sales to the U.S. market, with pricing yet to be determined. ③ It is reported that production validation tests for Apple's foldable device have revealed more issues with hinges and foldable displays than anticipated.

cls.cn13:15

Express News | Apple trains its proprietary AI model for the Chinese market with support from Alibaba

Apple has trained an AI model specifically for the Chinese market, with the training reportedly supported by Alibaba. (Reuters)

Breakings12:32

FDE×Harness -- Shifting from Model Capabilities to Enterprise-Scale Deployment

The true bottleneck for enterprise AI no longer lies in model capabilities, but in the ability to stably embed AI into core business processes. A latest research report by analysts at Guotai Haitong points out that the synergy between Frontline Deployment Engineers (FDE) and the Agent runtime system Harness is becoming a key pathway for large-scale implementation—the former transforms on-site experience into reusable assets, while the latter ensures stable execution of intelligent agents. The value chain is shifting from "whose model is stronger" to "who can deliver production systems and who can reuse one experience for the next."

wallstreetcn11:42

Elon Musk May Have a New AI Powerhouse on His Hands, Says Gene Munster as Grok Gets a New Update: 'This Model Is Going to Be a Monster'

On Thursday, Gene Munster said xAI's Grok is rapidly closing the gap with OpenAI and Anthropic. The Deepwater Asset Management managing partner foresees the chatbot taking the lead by January, as

Benzinga11:28