Wall Street strategists warn that the recent U.S. equity rally could lose momentum if the Federal Reserve follows through this week with an expected 25 basis-point rate cut. The easing expectation has been a primary driver of the S&P 500’s advance, but strategists from Morgan Stanley, JPMorgan and Oppenheimer say investors may shift to a more cautious stance as attention turns to a slowing labor market and inflation remaining above the Fed’s 2% target. #Fed #SP500 "Short-term risk lies in the tension between weak labor market data and the Fed’s response, which may not match the pace markets want," said Michael Wilson of Morgan Stanley, who nonetheless recommends buying dips and projects a best-case 9% rise in the S&P 500 to 7,200 by mid-2026. JPMorgan’s team, led by Mislav Matejka, warned that the market’s recent disregard for weak indicators could reverse once easing begins, prompting a temporary re-pricing of downside risk. Oppenheimer’s chief investment strategist John Stoltzfus added that any post-cut declines would likely be limited in size and duration if U.S. economic fundamentals remain intact. The S&P 500 is up about 12% year-to-date, driven largely by gains in large technology firms; other strategists, including those at Deutsche Bank and Barclays, have recently raised year-end targets on strong earnings and enthusiasm around artificial intelligence. #FiatNews

The United States and China have reached a framework agreement that would allow the Chinese short‑video platform TikTok to continue operating in the U.S., U.S. President Donald Trump indicated in a post on Truth Social and Treasury Secretary Scott Bessent confirmed amid talks in Madrid. Bessent said negotiators had secured a deal on a path forward for TikTok’s U.S. presence. The agreement comes as ByteDance — TikTok’s Chinese owner — faces a deadline this Wednesday to sell U.S. assets or suspend operations in the country. President Trump has delayed that mandated sale three times; the order stems from U.S. national security concerns about data access. Trump wrote that “it was also agreed on a ‘certain’ company that young people in our country very much wanted to save. They will be very happy! In Friday I will speak with President Xi (Jin‑ping).” Earlier this year negotiators were preparing a plan to separate TikTok’s U.S. activities into a new U.S.-based company majority‑owned and operated by American investors, but talks stalled after Beijing signaled it would not approve the deal amid disputes over U.S. tariffs on Chinese goods. Officials from both sides have since reduced some tariffs and resumed negotiations. #TikTok #China #USA #FiatNews

Shares of BYD have come under negative sentiment after plunging more than 30% from a four‑month high on the Hong Kong market, wiping about $45 billion off the company’s market value as sell ratings rose to their highest level since 2022. Investors fear BYD’s leading role in a steep price war in China is eroding margins, and competitors such as Geely and Leapmotor have outperformed with recent model launches. For the quarter to June, BYD reported a 30% drop in profit and cut its full‑year sales forecast from 5.5 million to 4.6 million vehicles. To meet that lowered target it must deliver roughly 1.7 million cars in the last four months of the year. Analysts say the key catalyst will be new model reveals in Q1 next year, after BYD postponed some launches to make them more competitive. “Although I think investors will keep a positive long‑term view, there are real concerns about BYD’s aggressive strategy of gaining share through price pressure,” said Kevin Net, head of Asian equities at Financiere de l'Echiquier. New models are expected to bring fresh design, wider rollout of the God’s Eye autonomous system to cheaper cars, battery upgrades and longer plug‑in hybrid range. There are brighter spots: BYD is expanding overseas and deliveries outside China could reach 900,000–1,000,000 vehicles this year, potentially topping management’s 800,000 target, according to Goldman Sachs analysts. The stock also trades at about 17 times estimated earnings, below its three‑year average of 20x. Source: Bloomberg. #BYD #EVs #China #Autos #FiatNews

Elon Musk bought 2.57 million Tesla shares on Friday for a total of roughly $1 billion, according to a filing with the U.S. Securities and Exchange Commission. Tesla shares jumped more than 7% in Monday premarket trading after the disclosure; it was Musk’s first reported purchase of Tesla stock since February 2020. #Tesla #ElonMusk #TSLA Before the Friday purchases Musk held about a 13% stake in the automaker. Data provider Verity says his last buy, on 14 February 2020, was about 200,000 shares worth around $10 million, making the recent transaction his largest by value to date. The move comes after Tesla’s board said earlier this month it would ask shareholders to approve a new compensation package for Musk that, depending on milestone achievement, could be worth up to $975 billion. One milestone would require reaching a market capitalization of at least $8.5 trillion within ten years; the package aims to secure Musk’s focus while he oversees SpaceX, xAI, Neuralink and The Boring Company. Tesla faces pressure this year from falling sales, partly attributed to damage to the brand from Musk’s political activities and the end of some U.S. EV incentives under President Donald Trump. Analysts remain split: TipRanks’ consensus target implies about a 20% downside, while several analysts are optimistic long term if Tesla pivots toward autonomous driving and robotics. Source: CNBC. #FiatNews

China has accused Nvidia of violating antitrust conditions tied to its 2020 acquisition of Mellanox, reversing its earlier approval that required non-discrimination of Chinese firms. The probe continues; China has not announced specific measures. Nvidia shares were about 2.5% lower in pre-market trade. #NVDA #FiatNews

Competition for autonomous mobility in Nevada is heating up: Tesla received a permit to test self-driving cars there; Amazon is running free Zoox trials in Las Vegas; Google plans Waymo service rollout in the city by end-2025. Elon Musk has said autonomous transport could reach up to half of the US population by year-end if plans proceed. #TSLA #AMZN #GOOGL #FiatNews

Danish energy group Orsted launched a rights issue to raise about 60 billion DKK (~$9.4bn). New shares priced at 66.6 DKK (≈67% below last close), issuing 15 new shares for every 7 held (~900m new shares). Rights trade separately until Sept. 30; subscription ends Oct. 2. Major shareholders including the Danish state and Equinor have committed to participate. #Orsted #FiatNews

US retail sales for August are forecast to rise about 0.5% excl. autos and gas, helped by higher prices but constrained by a softer labor market. Regional activity will be gauged by the New York and Philadelphia Fed manufacturing indexes for early September. #US #FiatNews

Chinese August data showed weaker retail sales and industrial production, signaling a slowing economy toward year-end. The soft prints increase expectations for further supportive fiscal or monetary measures from Beijing. #China #FiatNews

Central banks in the UK and Japan are both expected to hold policy rates steady this week, with no immediate changes priced in by markets ahead of their decisions. #BoE #BOJ #FiatNews