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More →SK Hynix, Samsung, Toshiba, and CXMT earnings test AI enthusiasm in the memory market
According to a CoinWorld report, the financial results of SK Hynix, Samsung, Toshiba, and CXMT show that the application of AI technology in the memory market is testing its potential. According to Bloomberg, the performance of these companies reflects the impact of the AI boom on the memory market.
Institutions: Inflation is likely to remain dominant in the Fed's dual mandate.
According to a CoinWorld report, Rushabh Amin of Allspring Global Investments said in a report that inflation is likely to remain the dominant side of the Federal Reserve's dual mandate. This assumption is premised on no major surprises in labor market conditions. Amin said that core PCE inflation may see little relief in the short term, as unfavorable base effects will keep inflation elevated, though this situation should reverse significantly in the first half of 2027. The Federal Reserve's dual mandate is to promote maximum employment and maintain price stability.
The index options Put/Call ratio reported 0.96.
CoinWorld US stock data: The index options put/call ratio is 0.96, with call option trading volume higher than put option volume on the day. Compared with the same-caliber snapshot 7 days ago, it is down 0.03.
COIN short position stands at 23.7677 million shares
CoinWorld US stock data: COIN's latest short position is 23.7677 million shares, down 2.49% from the previous period, with a days-to-cover ratio of 2.87 days.
Goldman Sachs forecast: Fed to keep rates unchanged this week
According to Bijie.com, Goldman Sachs expects the Federal Reserve to keep interest rates unchanged at this week's policy meeting but to implement a rate hike at the December meeting. At the same time, Goldman Sachs believes the Fed will not release any major new signals in this week's policy statement and press conference. Global financial markets are entering a highly anticipated "super central bank week," with the Federal Reserve, the European Central Bank, and the Bank of Japan set to announce their interest rate decisions successively from the early hours of October 29 to October 30.
The huge gap behind the AI boom: the Magnificent Seven's profit margins are climbing, while the other 493 U.S. companies are collectively standing still.
According to OneMillion_AI, the profit margins of the Magnificent Seven tech giants continue to climb, while the remaining 493 U.S. companies as a whole have remained flat. Data released by Torsten Sløk, chief economist at U.S. asset management giant Apollo, shows that AI has so far failed to deliver significant financial returns for large U.S. companies outside the tech giants. Excluding the Magnificent Seven, the revenue and profit margins of the S&P 493 companies have been essentially flat, and U.S. total factor productivity data show no clear signs of an AI-driven boost. Data from corporate payments platform Ramp shows that the top 10% of companies by spending account for 99.5% of model hosting and inference costs, while about 80% of the top 1% of AI spenders are venture-backed. Apollo statistics show that in the Q2 2026 earnings season, 69% of S&P 500 companies disclosed that they are using AI, but only 2% published metrics for continuously tracking its effectiveness.
Goldman Sachs predicts the Fed will keep interest rates unchanged this week and implement a rate hike in December.
According to CoinWorld news, Goldman Sachs expects the Federal Reserve to keep interest rates unchanged at this week's policy meeting and not to release any new major signals in the resolution statement or press conference, and expects a rate hike at the December meeting. Goldman Sachs' forecast of a December rate hike directly challenges the market's judgment that interest rates have peaked, significantly strengthening the hawkish stance of monetary policy and forcing investors to reassess the duration of the high-interest-rate environment. The market will quickly revise its pricing of the easing cycle, and volatility in financial markets is bound to intensify in the short term. This expectation directly suppresses the valuation space for risk assets and provides strong support for the dollar index.
The Bank of Japan's price trend indicator jumped above 3%, supporting a rate hike.
Bank of Japan's gauge of underlying inflation surged to the highest level in three years, far exceeding its 2% target, supporting the authorities' case for continued interest rate hikes. A report released by the Bank of Japan on Tuesday showed that consumer prices excluding fresh food and special factors rose 3.2% year-on-year in September, accelerating from 2.6% the previous month. Prior to the release of this data, the Bank of Japan had already raised borrowing costs to 1.25% in September, the fastest pace of tightening since 1990. The latest data may reinforce market speculation of another rate hike in the near term. The market widely expects the Bank of Japan to keep its policy settings unchanged at Friday's policy meeting, although many predict the bank may announce that underlying inflation has finally reached its 2% target.
Morgan Stanley: The chip stock correction is nearing its end and will conclude in mid-November.
According to Bijie news, Morgan Stanley's chief equity strategist Mike Wilson said that although U.S. stocks have come under pressure recently as enthusiasm for AI trading cools, he still stands by his forecast that the S&P 500 will close the year at 8,000 points. Morgan Stanley's tactical downside target for the S&P 500 is 7,100 to 7,200 points, slightly below the 200-day moving average. He noted that several upcoming clearing events, including the midterm elections, should mark the end of the current stock market correction. As for the semiconductor sector, Wilson is relatively cautious, believing that the sector's support level may be far below current levels, but he expects the selling pressure facing semiconductor stocks may ease somewhat next month.
Total Put/Call ratio for US equity options reported at 0.86
CoinWorld US stock data: The total Put/Call ratio for US stock options is 0.86, with call option trading volume higher than put option trading volume on the day. Compared with the same-caliber snapshot 7 days ago, it is down 0.01.