News from the Titanium Media App on August 10, news before the US stock market on August 10: 1. As of press time, Dow futures, dominated by blue-chip stocks, rose 0.19%; S&P 500 futures rose 0.24%, and Nasdaq 100 futures, dominated by technology stocks, rose 0.33%; 2. Popular Chinese concept stocks such as Alibaba , Pinduoduo , and JD.com fell pre-market; 3. European stock markets fell slightly. As of press time, the German DAX index rose 0.20%, the French CAC40 index fell 0.06%, and the UK FTSE 100 index rose 0.02%; 4. As of press time, Brent crude oil fell 1.78% to $94.60 per barrel; 5. At 20:30 on August 10, Beijing time, the United States will announce the consumer price index (CPI) for July. Economists expect the CPI to rise by 8.7% year-on-year, down from 9.1% in June; 6. Roblox fell nearly 16% before the market, and Q2 booking amount and revenue were lower than expected; 7. Amazon plans to expand the introduction of palmprint payment technology at Whole Foods Market in California; 8. According to US SEC filings, Tesla CEO Elon Musk sold 3.3 million Tesla shares on August 5, valued at $2.9 billion; and sold an additional 1.58 million Tesla shares on August 8 Stocks, valued at $1.39 billion; sold 3.04 million Tesla shares on August 9; sold at least 7.92 million Tesla shares on August 9, valued at $6.89 billion; 9. To cash out $34 billion, SoftBank will settle 242 million Alibaba forward contracts ahead of schedule; 10. TSMC ’s July revenue was NT$186.763 billion, a year-on-year increase of 49.9%; 11. Indonesia and Tesla signed a $5 billion nickel supply agreement; 12. Micron Technology plans to slow down hiring in response to the decline in chip demand, but will avoid large-scale layoffs; 13. Walmart plans to incorporate streaming media into membership services and is negotiating with giants such as Disney; 14. Tesla disclosed that it is communicating with the Canadian government about building a factory; 15. Axon: Credit Suisse raised target price to $142 from $134 after reporting solid second-quarter results and raised its FY22 guidance; Coinbase: JPMorgan raised target price from $61 to $64, saying the company is in a strong position despite the continued downturn in cryptocurrencies; Globalfoundries: Needham raises price target to $70 from $50 after second-quarter results beat expectations; Hyatt Hotels: Jefferies increases target price It was raised to $91 from $81, citing the company's strong second-quarter results.
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