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According to Iran's Mehr News Agency, Iranian government spokesman Mohajrani stated that the prices of 1500 and 3000 toman gasoline will remain unchanged until the end of September. Mohajrani claimed that Iran has sufficient domestic production and strategic reserves of gasoline, and there is no need to worry. Previous reports indicated long queues at gas stations in Tehran, with many drivers refueling before their tanks were empty, fearing that the ongoing war would lead to fuel supply disruptions or future price increases.

Nvidia (NVDA.O), the world's most valuable company and a key player in the AI ​​boom, will release its earnings report today. Here are some key takeaways from its second-quarter results: ① Infrastructure Financing: Earlier this month, Nvidia announced a massive plan to free up more funds for AI infrastructure development, including data centers and chip procurement. A week later, the chip giant announced support for a large data center project in southern Ohio. Investors are beginning to worry that Nvidia is getting too involved in these deals. They want to know more about what the company hopes to achieve through these financing arrangements, and how and when it will pay off. ② Vera Rubin Progress: At this week's chip industry conference, Nvidia stated that its next-generation Vera Rubin servers are expected to begin shipping in the third or fourth quarter of this year. If this timeline materializes, it will be a positive sign for the company. Previously, Nvidia's previous-generation AI chip, Blackwell, was delayed for months due to design flaws requiring correction. ③ Open Model: Last weekend, news broke that Nvidia secured a $6 billion licensing agreement with startup Poolside (a developer of open weighted AI models) for its technology and engineering talent. This move aims to accelerate the development of Nvidia's own open model, Nemotron, potentially sparking competition among cutting-edge labs and leading to increased chip purchases, creating a virtuous cycle of revenue for Nvidia. ④ Sales in China: If the world's second-largest AI market shows signs of easing, it will be significant for Nvidia's sales. ⑤ Gross Margin Pressure: Nvidia's gross margin remains around 75%, among the highest in the tech industry. However, with rising memory prices and increased competition from custom chips and new processors, customers have more choices, and Nvidia may face more resistance in trying to pass on higher costs.

According to Hong Kong Stock Exchange filings, HSBC Holdings (00005.HK) repurchased a total of 200,000 shares on other exchanges on August 25, at a cost of £3 million.

Li Auto (LI.O) shares fell more than 3% in pre-market trading in the US.

Humain: Looking ahead, Microsoft and Humain plan to collaborate more deeply in more areas of artificial intelligence.

Humain: Plans to offer Allam services through Microsoft Foundry.