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Cisco's earnings outlook is lackluster, and investors' expectations for AI-driven growth have not been met.

Cisco made a modest sales forecast for fiscal year 2026, expecting it to be between $59 billion and $60 billion, failing to meet investors' high expectations for artificial intelligence projects. Although orders for artificial intelligence network infrastructure increased to $800 million, analysts remain concerned about the company's growth prospects.
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ETH3.92%
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Wildfires spread, Alberta's Fort McMurray enters a state of emergency.

Jin10 Data, August 14 - On the 13th local time, wildfires near Alberni Valley on Vancouver Island, British Columbia, Canada, have burned over 20 square kilometers of forest. In response to the wildfires, Alberni Valley declared a state of emergency that day, and residents of communities in southern Vancouver Island were evacuated.
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The Bank of Canada considered cutting interest rates in July but preferred to wait for more data.

Jin10 data on August 14: The Bank of Canada discussed a 25 basis point rate cut at its July meeting, but the ongoing trade disputes with the United States, the resilience of the Canadian economy, and the rising Inflation risks ultimately led the Bank of Canada to keep the policy interest rate at 2.75% for the third consecutive meeting. The minutes of the Bank of Canada meeting stated, "It is still too early to assess how tariffs and trade restructuring will affect Canada's economic activity and Inflation. The committee members unanimously agreed that if the economy continues to weaken and core inflation pressures diminish, they need to wait for clearer information before drawing a definitive conclusion about whether there is more room for easing."
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Trump said he is willing to meet with congressional Democratic leaders before the September funding deadline.

Jin10 data August 14th, U.S. President Trump stated on Wednesday that he is willing to meet with Senate Democratic leader Schumer and House Democratic leader Jeffries before the funding deadline at the end of September. Trump said, "I think I will, but it's almost a waste of time because they never approve anything."
TRUMP3.91%
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The Fed's fixed interest rate reverse repo operation scale has fallen to a new low in four years.

Jin10 data August 14 news, the Fed accepted a total of $57.202 billion from 21 counterparties in its fixed interest rate reverse repurchase operations, with the scale falling to a new low in four years.
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Jingrui Electric Materials: The company has started small-scale dumping of its ArF high-end photoresist products.

On August 13, Jin10 reported that Jingrui Electronic Materials stated on the interaction platform that the company's photoresist products include ultraviolet broad-spectrum series photoresist, G-line series photoresist, I-line series photoresist, KrF photoresist, and ArF photoresist. The company's ArF high-end photoresist products have been small-batch dumped, and multiple products have been sent to customers for sampling and verification.
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European leaders urge Trump to facilitate a meeting between Putin and Zelensky.

On August 13, Jin10 reported that European leaders urged U.S. President Trump to push for a ceasefire with Russian President Putin during their meeting on Friday and to arrange a meeting with Ukrainian President Zelensky. French President Macron told reporters after a call with Trump and other European leaders that any decision regarding territorial concessions must be made by Ukraine. Macron stated, "Trump has made it very clear that the U.S. hopes to achieve a ceasefire at this meeting in Alaska, and there are currently no serious territorial exchange plans on the table." German Chancellor Merz reiterated that Ukraine must be involved in any related decisions. Merz said, "We have made it clear that as long as there are follow-up meetings, Ukraine will be at the negotiating table. Trump wants to prioritize the ceasefire."
TRUMP3.91%
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Trump wins court battle, will cut billions in foreign aid.

On August 13, Jin10 reported that a U.S. appeals court ruled that the Trump administration may cut billions of dollars in foreign aid funding approved by Congress this year. In a decision made on Wednesday, the appeals court overturned a ruling by a federal judge in Washington with a 2-1 vote. The judge had previously found that U.S. officials failed to authorize payments as directed by the legislative body, violating the constitutional principle of separation of powers. This ruling is a significant victory for Trump, who is attempting to cut funding for projects no longer favored by his administration.
TRUMP3.91%
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Sources: Trump's list of candidates for Fed chair expands to 11, including veteran Wall Street strategists.

According to a report by CNBC on August 13, two unnamed government officials revealed that the Trump administration is considering 11 candidates to succeed Fed Chairman Powell when his term ends in May next year, including three individuals who have never been publicly nominated before. These new members include Jefferies Chief Market Strategist David Zervos, former Fed Governor Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder. They are included in the consideration list alongside eight candidates previously confirmed by CNBC, which includes Fed Vice Chair Bowman, Fed Governor Waller, and Fed Vice Chair Jefferson. Officials also confirmed that the candidate list includes Mark Summers, who served as an economic advisor in the Bush administration, Dallas Fed President Logan, and former St. Louis Fed President Bullard. Officials described a "deliberative process".
TRUMP3.91%
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7 days 6 boards Hongtong Gas: The company's operational fundamentals and main business structure have not undergone significant changes.

Hongtong Gas announced that due to the abnormal rise in stock prices, no significant undisclosed information was found after self-examination, and its main business and production operations are all normal, with no significant changes.
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Zhang Xiaoqing: Shareholder Jin Yan plans to reduce his holdings by 0.36%.

Jin10 reported on August 13 that Zhang Xiaoqian announced that shareholder Jin Yan, holding 540,100 shares (accounting for 0.36%), plans to reduce its holdings by no more than 540,100 shares (accounting for 0.36%) through centralized bidding. The reduction period will be from August 19, 2025, to November 18, 2025, and the reduction price will be determined based on the secondary market price at that time.
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Jiangte Electric: Stock abnormal fluctuation, there are no significant matters under planning stage.

Jiangte Electric announced that the company's stock price rose by more than 20% from August 11 to August 13, 2025. After verification, no major undisclosed information or operational changes were found, and the controlling shareholders and actual controllers did not buy or sell stocks during the period of abnormal Fluctuation.
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Haili Co., Ltd.: The stock price has risen too much in the short term, with no significant asset restructuring or asset injection.

Jin10 Data, August 13 - Haili Co., Ltd. announced that its A-share stock has cumulatively risen 121.56% since July 1, 2025, significantly higher than the industry and Shanghai Composite Index during the same period, indicating an overheated market sentiment and irrational speculation. The company and its controlling shareholder currently have no major asset restructuring or asset injection matters involving the company, and the fundamentals have not undergone significant changes. The latest rolling price-to-earnings ratio of the company’s A-share stock is 487.76 times, significantly higher than the industry level, posing a risk of overvaluation. In addition, the turnover rate of the company’s A-share stock is significantly higher than the daily turnover rate.
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Central Bank: The cross-border RMB settlement amount under the current account in July was 1.57 trillion yuan.

According to Jin10 data on August 13, the Central Bank's data shows that in July, the cross-border Renminbi settlement amount under the current account was 1.57 trillion yuan, of which the amounts for goods trade, services trade, and other current accounts were 1.15 trillion yuan and 0.42 trillion yuan respectively; the cross-border Renminbi settlement amount for direct investment was 0.64 trillion yuan, with foreign direct investment and domestic direct investment amounting to 0.22 trillion yuan and 0.42 trillion yuan respectively.
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Central Bank: At the end of July, the balance of Broad Money (M2) rose by 8.8% year-on-year.

Jin10 data reported on August 13: Central Bank: At the end of July, the balance of Broad Money (M2) was 329.94 trillion yuan, with a year-on-year rise of 8.8%. The balance of Narrow Money (M1) was 111.06 trillion yuan, with a year-on-year rise of 5.6%. The balance of currency in circulation (M0) was 13.28 trillion yuan, with a year-on-year rise of 11.8%. In the first seven months, a net cash injection of 465.1 billion yuan.
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Baosheng Group: India can avoid double taxation by substituting crude oil.

Analysts from Baosheng Group pointed out that India does not need to continue purchasing Russian crude oil to avoid U.S. tariff suppression. Although the proportion of Russian crude oil in India's imports is rising, the discount is decreasing, and if procurement continues, it may have a significant negative impact on India's GDP, especially in highly competitive industries.
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Jintian Co., Ltd.: The self-developed products such as copper heat pipes and liquid-cooled copper pipes have been integrated into the computing power server products of several leading enterprises.

On August 13, Jin10 reported that Jintian Co., Ltd. stated on the interactive platform that the company has a good customer base and technical reserves in the chip computing power field, and is also one of the earliest companies in the world to achieve bulk supply of copper-based materials to leading enterprises in the aforementioned field. Among them, the company's high-precision shaped oxygen-free copper busbar products have successfully achieved mass production in the new AI cooling structure of 3DVC, and strategic cooperation has been established with many global first-tier cooling module companies, being applied in several top GPU cooling solutions; the company's self-developed copper heat pipes, liquid-cooled copper pipes, and other products have been successfully integrated into the computing power server products of many leading enterprises.
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Southern Pump Industry: The products currently produced by the company do not include magnetic levitation pumps.

Jin10 data reported on August 13 that Southern Pump Industry stated on the interactive platform on August 13 that there are currently no magnetic levitation pumps among the products the company is producing. The company is closely monitoring and developing pump demand for liquid cooling scenarios, actively laying out a more complete product system, striving to seize the opportunities of liquid cooling development and capture more market share.
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Mo77_Dosvip:
The market is bullish 🐂
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A judge ruled that Musk must respond to OpenAI's allegations of years of harassment to aid his own xAI.

Jin10 reported on August 13 that a federal judge ruled that Musk must face accusations from OpenAI, which claims his attacks on the startup in court and the media constitute "years-long harassment." U.S. District Judge Yvonne on Tuesday denied the billionaire's request to dismiss an allegation that he weaponized legal actions, social media posts, and media statements in an attempt to undermine OpenAI's success, all to gain an advantage for his own generative AI startup xAI. The trial for this lawsuit is scheduled to take place in March next year at the federal court in Oakland, California.
XAI1.48%
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Investor: Failed to receive the interest on the Road King US dollar bonds within the grace period.

Road King Company failed to pay the Interest on the "Road King 5.22029-07-12" US dollar bond within the stipulated time, resulting in a default. This bond amounts to 500 million dollars, with a remaining balance of 435 million dollars, the last payment date was July 12, and the latest payment deadline is August 12.
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