1015 | Dolphin Research Focus: 🐬 Macro/Industry 1) US Sep CPI rose 3.7% YoY and core CPI rose 2.6% YoY, both beating estimates. Market-implied odds of an Oct hike briefly hit 50%, the USD touched an 18‑month high, and UST yields moved higher.

1014 | Dolphin Research Focus: 🐬 Macro/Industry 1) US Sep CPI due at 20:30 Beijing time; consensus sees headline CPI at +3.6% YoY and +0.6% MoM, core CPI at +2.5% YoY and +0.2% MoM. It is a key inflation read ahead of the Fed's Oct rate decision. The print will directly drive UST yields and US tech valuations.

1013 | Dolphin Research Focus: 🐬 Macro/Industry. 1) Following a post-holiday catch-down in Korea, the early termination of the largest-ever share buybacks by Samsung and SK Hynix (~$40bn), and CXMT’s 4F² architecture breakthrough, memory names fell for consecutive sessions. WDC and MU both sold off sharply.

1008 | Dolphin Research Focus: 🐬 Macro/Industry 1) HK-listed LLM names weakened across the board today. The overseas LLM space kicked off a new round of price cuts.

Anthropic launched next-gen Haiku 5.5 and lowered inference costs, while OpenAI introduced lower-priced GPT-6 Sol and Luna, with Luna API pricing 50% below the prior GPT-5.6 series. The market worries that as frontier models keep improving and API prices fall rapidly...

Oct 7 | Dolphin Research Focus: Macro/Industry — the 10Y UST yield hit 5.3%, the highest intraday level since 2002. European bonds sold off in tandem, with France at the center of the storm. Long-end yields pushed to new highs globally while the S&P 500 hovered near record highs, underscoring a sharp stock-bond divergence.

1006 | Dolphin Research Focus: 🐬 Macro/Industry. The Houthis claimed three waves of large-scale strikes on Saudi territory, targeting Riyadh's King Khalid Intl Airport and Aramco's Rabigh refinery.

0924 | Dolphin Research Focus: 🐬 Macro/Industries. UST yields jumped as U.S. PMI beat, the 5Y auction drew weak demand, and elevated oil stoked inflation jitters.

Sep 23 | Dolphin Research Focus: 🐬 Macro/Industry — 1) OpenAI and Anthropic roll out budget models, kicking off an AI price war. Anthropic released Claude Opus 5.5 with costs down 40% and speed up 30%.

Sep 22 | Dolphin Research Focus: 🐬 Stock 1: $Meta Platforms(META.US). Meta jumped over 11% in the last session, its largest one-day gain since Apr 2025.

0918 | Dolphin Research Focus: 🐬 Macro/Industry 1) Saudi Arabia, via Oman, proposed a two-week ceasefire to the Houthi, sending crude lower again as WTI briefly slipped below $100 and Brent fell over 4% intraday. Cooling geopolitics eased energy and inflation fears.