Wall Street starts cautiously into a landmark trading week, where AI heavyweights drop ahead of NVIDIA's numbers and the Jackson Hole appearance, with the Nasdaq 100 down 1.04% – Alibaba raises $10.2 billion in Hong Kong, Xpeng's robotics division attracts $900 million, while PDD defies profit decline with a stock jump – oil prices drop over 3% after Bessent's Iran plans, gold shines with +1.2%, Strategy builds a $1.59 billion cash buffer for new Bitcoin purchases

USA & MACRO-OUTLOOK Wall Street starts cautiously into one of the most important trading weeks of the summer The S&P 500 drops by 0.31%, threatening to give back some of its Friday gains, while the tech-heavy Nasdaq 100 is under even greater pressure with a decrease of -1.09%. The reason lies in a nervous mood surrounding the AI trade: Investors are positioning themselves cautiously ahead of NVIDIA's quarterly numbers and are not leaning too far out the window before the AI bellwether delivers and the new central bank chief reveals...