Apple launches foldable iPhone Duo with a base price of 15,999 CNY

Huo Xing Finance News: 1. The three major U.S. stock indices closed lower: the Dow Jones fell 0.77%, the Nasdaq dropped 0.64%, and the S&P 500 declined 0.48%. Storage and optical communications sectors rose; Meta gained over 6%, while Apple fell 0.28%. 2. Apple launched its first flagship foldable smartphone, the iPhone Duo, with a starting price of $1,999; the domestic Chinese price starts at RMB 15,999, with the top configuration priced at RMB 26,499. The iPhone 18 Pro starts at $1,199, and the iPhone 18 Pro Max at $1,299. 3. Apple unveiled the A20 Pro chip built on a 2-nanometer process technology. The A20 chip features two neural engines with a total of 32 cores, enhancing on-device artificial intelligence performance. 4. U.S. President Trump stated he expects military operations against Iran to conclude after the U.S. midterm elections in November. 5. U.S. President Trump said he had a productive conversation with Russian President Putin and that a bilateral meeting may be held. 6. The Saudi-led multinational coalition reported that Yemen’s Houthi rebels launched ballistic missiles and drones at the southern Saudi cities of Khamis Mushayt, Abha, and Jizan. 7. Iran reported a massive explosion on Qeshm Island early on the 10th. 8. The U.S. Treasury announced that under its expanded Treasury buyback program, it will purchase up to $6 billion in long-term government bonds during its first operation. 9. The Congressional Budget Office estimated the U.S. budget deficit for August at $168 billion. 10. International crude oil futures surged sharply: WTI crude settled at $96.05 per barrel, up 3.25%; Brent crude closed at $101.21 per barrel, up 3.36%. Both Brent and WTI futures reached their highest settlement levels since May 22. 11. International precious metals rose: spot gold increased 1.02% to $4,400.29 per ounce; spot silver rose 2.30% to $67.2718 per ounce. 12. Major European stock indices closed lower: the UK’s FTSE 100 fell 1.31%, France’s CAC 40 dropped 2.03%, and Germany’s DAX 30 declined 1.74%. 13. The World Gold Council reported that global gold ETFs attracted $18 billion in inflows in August, marking the second-largest monthly inflow on record. 14. U.S. Energy Secretary Wright stated that daily crude oil flows through the Strait of Hormuz are slightly below 11 million barrels, with an additional 3 to 5 million barrels transported daily via pipelines. 15. South Africa’s Central Energy Fund (CEF) proposed a plan to rebuild refining capacity. 16. The U.S. Treasury auctioned $72 billion in four-month Treasury bills at a winning yield of 3.895%. 17. Dow Chemical is weighing withdrawal from its $20 billion chemical joint venture in Saudi Arabia, with Saudi Aramco potentially stepping in as the buyer. 18. Amazon issued its first four-tranche sterling-denominated bond, reportedly receiving over £11.65 billion in subscriptions. 19. Following a data breach involving victim information, the South Korean government is considering legal action against Google. 20. Motorola announced that its board approved expanding its share repurchase program by $2 billion. (Caixin Global)