[Love][Smile]Hi~Tigers Amid wild overnight swings on US equities, major corporates released a flood of critical updates across AI, semiconductors, cloud and aerospace sectors. Mixed signals have widened market divergence. 1. Double Positive Catalysts for OpenAI OpenAI’s CFO revealed the company’s annualized revenue in July surpassed total Q2 revenue, marking accelerating commercial traction for generative AI. In addition, Li Weng, co-founder of Thinking Machines, rejoins OpenAI. The return of top technical talent signals OpenAI’s ambition to reinforce its leading position in frontier AI model research. 2. Microsoft Cloud Eases Capex Fears $Microsoft(MSFT)$ delivered stronger-than-expected cloud growth in its quarterly results. The resilient cloud