According to The Information: Alibaba has appointed Liu Dayiheng as the new head of the Qwen LLM team.

Australia's S&P/ASX 200 index closed down 1.90 points, or 0.02%, at 8729.30 on Monday, September 21.

According to Politico, European Council President Costa stated that the EU hopes to establish the closest possible relationship with Canada, and that the EU can cooperate with Canada in the areas of defense and AI.

The spread between the yields on 2-year and 10-year U.S. Treasury bonds narrowed to its smallest level since March 2025.

Samsung's Q3 profits will be dragged down by the appreciation of the Korean won, so JPMorgan has lowered its short-term earnings forecast. However, the memory business, especially HBM, is still in a strong improvement cycle, so JPMorgan maintains its "Overweight" rating and target price of 400,000 won for Samsung Electronics. Samsung's HBM market share is expected to increase from 20% in 2025 to 39% in 2027, with both HBM prices and sales share rising simultaneously. Slower growth in traditional DRAM and NAND supply will also help maintain high profit margins. The key variables for further short-term stock price recovery are the implementation of HBM and shareholder return policies. For Samsung to gain greater fundamental recognition, it still needs to prove that it can re-establish a clearer technological lead. Going forward, pay attention to further disclosures of long-term supply agreements (LTAs), updates to shareholder return policies, progress on AI and data center investment projects, and updates to next-generation server platform storage specifications. (JPMorgan Report, September 18)

Oracle's Indian stock price fell by more than 6%.