Global financial media last night and this morningThe main headlines of common concern are:

1. Bitcoin plummeted by more than 10% in an hour. El Salvador bought from the bottom and analysts said they didn't understand it.

2. Morgan Stanley downgraded US stocks to maintain the 500-year target of S & P at 4000 points.

3. Apple Inc released the invitation letter for the autumn press conference. The iPhone13 series will be launched on September 15th, Beijing time.

Wall Street's plan to return to the office was disrupted by the Delta epidemic.

5. Ford poaching Apple Inc Automotive Project Manager Doug Field

6. Intel Corp announced that the self-driving taxi service would be launched next year. NIO Inc. ES8 was selected.

Bitcoin plummeted by more than 10% in an hour. El Salvador bought from the bottom and analysts said they didn't understand it.

At one point, Bitcoin fell 17% to an one-month low, and El Salvador's plan to use Bitcoin as legal tender did not seem to be popular with the market.

Bitcoin fell as low as $43050 in New York on Tuesday, plummeting more than 10 per cent in an hour after breaking the closely watched $50, 000 mark. The Galaxy cryptocurrency index, which tracks some of the largest cryptocurrencies, fell as much as 19%.

The slump is expected to accelerate, with more than 336000 traders clearing their positions in the past 24 hours, selling bitcoins worth about $3.6 billion, according to Bybt, a cryptocurrency futures trading and information platform.

The cryptocurrency is undergoing its biggest test in its 12-year history as El Salvador became the first country to use Bitcoin as legal tender on Tuesday.

Salvadoran President Nayib Bukele said on Tuesday that the country took advantage of Tuesday's fall in bitcoin to buy another 150 bitcoins.

Bitcoin has rebounded nearly 75% since the end of July, and Tuesday was the biggest sell-off since the rally began. Other cryptocurrencies that have risen more recently have fallen even more sharply, with the CoinMarketCap.com,Cardano down 15 per cent and the dog currency down nearly 20 per cent.

Morgan Stanley downgraded US stocks to reduce its holdings of S & P 500 and maintain its 500-year target at 4000.

Morgan StanleyThe US stock market was downgraded to underweight, and US stocks are expected to have a bumpy road from September to October as the Fed prepares to ease loose monetary policy.

Morgan StanleyAndrew Sheets, chief cross-asset strategist, said in a report: "We believe that September-October will be a bumpy period with the final phase of the transition in the middle of the cycle. The next two months pose a huge risk to economic growth, policy and legislative agendas. We have downgraded the US stock market to underweight and are more bullish on European and Japanese stocks. "

Supporting Morgan Stanley's bearish view is that the Fed may gradually scale back its monetary stimulus measures in the face of rising inflation. The bank said the policy risks were also consistent with the seasonal poor performance of the stock market in September.

"since March, cyclical assets have been struggling with the peak of economic growth and a surge in cases related to delta variants," Sheets said. At the same time, inflation (and inflation expectations) has been stubbornly high, making the market more nervous in the face of low yields and exceptionally loose monetary policy. "

Apple Inc launches invitation letter for autumn press conference iPhone13 series will be launched on September 15, Beijing time.

AppleThe company sent an invitation letter to the media for the 2021 autumn press conference, confirming that the event will be held online at 10:00 local time on September 14 (1: 00 a.m. Beijing time on September 15). It is expected that the iPhone13 series, Apple Watch and other products will be launched at this time.

At present, the global epidemic situation is still grim, soAppleThe press conference was almost still held online, this time Apple IncThe autumn press conference is also held online.

The theme of the conference is "calls from California", with a dark-tone glowing logo in the background, and as usual, the official still hasn't mentioned any meaning. But "incoming call" clearly means that there is a communications product launch, that is, iPhone.

Wall Street's plan to return to the office was disrupted by the Delta epidemic.

Wall Street is reopening, but not in the way industry executives expected.

For months, executives have regarded the week after International Labour Day's holiday as a long-awaited watershed for US companies to return to normal. But the Delta epidemic changed that plan, and many big companies even completely delayed plans to return to the office.

Wall Street, on the other hand, is still moving forward with caution-most have been vaccinated and most require masks. Banking executives have not given up the idea of letting employees return to the office in large numbers, althoughApple、AmazonOther big companies, such as Ford, have said employees don't have to go back to the office until next year, and even next year, they don't have to come every day.

Less than 30 per cent of financial services workers in Manhattan return to the office, according to a survey conducted by Partnership for New York City8 in June. For the city as a whole, employers have lowered their expectations for a post-summer return: they expect 41 per cent of office workers to return to the office by the end of this month, compared with more than 60 per cent in may.

Ford poaching Apple Inc Automotive Project Manager Doug Field

Ford MotorIt was announced on Tuesday that it had been hired beforeTesla和AppleExecutive Doug Field serves as its chief advanced technology and embedded systems officer.

Field once led Tesla, Inc..The developer of Model 3, previously served as vice president of Apple Inc's special projects, which is said to include leading the company's secret car-building project, Project Titan.

Ford said Field will work closely with Hau Thai-Tang, Ford's chief product platform and operating officer, to create the next generation of Ford connected products and experiences based on Ford+ growth plans.

Field's responsibilities will include leading Ford in the development of the next-generation "Blue Oval Intelligence" technology stack to deliver smart-connected vehicles. Field will oversee the company's embedded software and hardware organization, including vehicle control, enterprise connectivity, functionality, integration and verification, architecture and platform, driver assistance technology and digital engineering tools projects.

Intel Corp announced the launch of self-driving taxi service next year. NIO Inc. ES8 was selected.

IntelMobileye, its self-driving car division, will launch a self-driving taxi test service in Munich next year in partnership with German car rental giant Sixt SE, and plans to launch it across Europe in the next few years, it was announced today.

TodayIntelCEO Pat Kissinger (Pat Gelsinger) and Sixt SE announced the plan at the German International Automobile and Smart Travel Fair (IAA Mobility) in Munich. The cooperation between the two sides will use theNIO Inc.ES8 all-electric SUV.

The two companies did not disclose how long the test plan might last, but Intel CorpIt said that at that time, the test speed of self-driving cars will reach a maximum of 130 km / h. Initially, the test fleet will start with dozens of cars and increase over time. After obtaining regulatory approval, the service will be operated commercially. More details on the operation will be announced next year.