"Global interest rate hikes have had a limited suppressive impact on the technology sector, and the market’s tolerance for crowded trades has increased." Looking ahead to the second half of the year, Yayun thought that the market’s core focus is currently on the A-share interim earnings reporting season. As earnings are gradually released, market attention to fundamentals is expected to increase significantly, and the effectiveness of earnings-driven investment strategies is likely to strengthen. #ChinaAMCInsight# #MarketOutlook# #TechInsight# #Ashares# Source: China Asset Management Co., Ltd. Risk Disclaimer: Investment involves risk, including possible loss of principal. Any forecasts, projections, or opinions contained herein are for reference only and are not guaranteed to occur. The information in this material reflects prevailing market conditions and our judgment as of the release date, which are subject to change without further notice.

BREAKING: A new SpaceX SEC filing reveals Elon Musk beneficially owns 6.42 billion shares, representing 48.4% of the company’s Class A stock on an as-converted basis. His holdings include 849.5M Class A shares, 5.22B Class B shares and options for another 350M shares.

Anthropic will list as a "controlled company" under Nasdaq rules, qualifying for some governance exemptions. Its seven co-founders each hold about 240 million Class A shares and have pledged 80% of their equity to philanthropy. Employees get Class E shares with limited votes. After the $ANT IPO, @TradrETFs expects to launch $ANTT (2X long) and $ANTZ (2X short). Leveraged ETFs involve significant risk. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. See the pre-effective prospectus.

SITUATION DETECTED: Nvidia has disclosed a major stake in SpaceX through its latest SEC filing. They hold 122.8 million Class A shares, valued at roughly $21 billion as of June 30. The position was acquired after the SpaceX IPO.

BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal. • Cursor is being valued at $60 billion • Cursor will become a wholly owned SpaceX subsidiary • Cursor shareholders will receive SpaceX Class A shares • The exchange ratio will be based on SpaceX’s 7-day average share price before closing • Subject to regulatory approvals and customary closing conditions • Expected to close in Q3 2026 Cursor is one of the world’s leading AI coding platforms and one of the fastest-growing software companies. This marks one of the largest AI acquisitions ever and significantly expands SpaceX’s footprint in AI.

NEWS: Valor distributed 42 million SpaceX shares to its own investors. A new SEC filing shows Valor, the fund run by SpaceX director Antonio Gracias, moved about 42.8 million Class A shares on September 11. This was not a sale. The shares went straight to the investors in Valor's funds, in-kind and with no cash changing hands, under a plan set up back in June. Gracias's total SpaceX stake went from about 503 million shares to about 461 million. Nothing was sold on the open market. Source: SEC Form 4, Space Exploration Technologies (SPCX)