Pre-market trading in US stocks: Goldman Sachs lowers Apple's target price, "Wei Xiaoli" falls across the board, BlackRock warns of rising risks of US recession.

Top News in US Stocks

1. Hema announced that it will start selling the iPhone 15 series on September 22. The head of Hema's 3C electronics department stated that Hema Fresh will also launch more 3C electronic products to meet consumers' demand for a wide range of goods. (36Kr)

2. Amazon: Amazon will invest nearly $840 million in delivery service partner fees and a new delivery driver program.

3. According to The Wall Street Journal, the United Auto Workers (UAW) threatened to launch strikes at certain car factories if a labor agreement cannot be reached.

4. Birkenstock, a German footwear brand with a history of nearly 250 years, submitted an application for a US listing on Tuesday, with a target valuation of over $8 billion.

5. Sources say that ARM plans to set the IPO price at a minimum of $51 per share.

6. The US Department of Justice stated in an antitrust lawsuit filed in Washington on Tuesday that Alphabet Inc., the parent company of Google, pays over $10 billion annually to maintain its position as the default search engine on web browsers and mobile devices, stifling competition.

7. According to the Financial Times, BlackRock and Amundi, the largest asset management company in Europe, warned that the risk of a US economic recession is increasing.

8. Goldman Sachs: Lowers Apple's target stock price from $222 to $216.

9. On September 13, the official website of the European Commission disclosed that European Commission President Ursula von der Leyen stated during her fourth "State of the Union" address to the European Parliament that the European Commission will launch an anti-subsidy investigation into electric cars imported from China. (Shanghai Securities News)

Pre-market Movers

In pre-market trading, Dow Jones futures, Nasdaq futures, and S&P 500 futures all fell by around 0.2%.

Apple and Google both dropped by 0.5%.

Alibaba fell by 0.7%, Pinduoduo fell by 0.5%, JD.com fell by nearly 1%, Xiaopeng Motors fell by 3%, NIO fell by over 2%, and Li Auto fell by 2%.

BP rose by nearly 2%, and Rocket Pharmaceuticals surged by over 17%.

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