According to BlockBeats, on September 14th, SpaceX's continued expansion in the commercial spaceflight market has also begun to attract capital investment to European space startups. European satellite manufacturer Open Cosmos announced on Monday the completion of a €300 million (approximately $346 million) funding round, one of a series of large-scale financing deals in the European space sector recently. Previously, The Exploration Company, a European reusable rocket startup, had just completed a $450 million funding round.

According to PitchBook data, global aerospace startups have raised over $16.5 billion in funding this year, and at the current rate, the total for the year could be nearly double that of last year; European aerospace startups are raising funds at an even faster pace. Open Cosmos, founded in 2014, has raised over $390 million to date, with a valuation of approximately $2 billion.

Open Cosmos plans to use the new funding to expand its satellite manufacturing capabilities and accelerate the deployment of its satellite data services. Last year, the company secured contracts worth approximately $175 million from governments and businesses, primarily to provide Earth observation data on disasters such as floods and wildfires. It also plans to utilize AI to process data on satellites, reducing information delivery time from hours to minutes.

As demand for satellite communications and space data processing grows, investors are viewing space as the next generation of high-speed connectivity and data infrastructure. Open Cosmos is also expanding into orbital connectivity, directly competing with SpaceX. However, the shortage of launch resources remains a major bottleneck for the industry, and satellite companies still heavily rely on commercial rocket companies like SpaceX and Blue Origin, as well as government space agencies.

According to BlockBeats, on September 14th, despite rising expectations of a Federal Reserve rate hike, Wall Street strategists did not turn bearish on US stocks. The market currently estimates an 87% probability of a 25 basis point rate hike this week, which, if implemented, would be the first rate hike in three years. However, Goldman Sachs, Morgan Stanley, and JPMorgan Chase all believe that a single rate hike may not necessarily change the medium-term trend of US stocks, and that corporate profits and economic growth remain key to supporting the market.

Historical experience also shows that sustained tightening and the resulting economic recession are the main triggers for bear markets in the US stock market. Since 1945, the S&P 500 has experienced 12 bear markets with declines exceeding 20% and 4 deep corrections of 18% to 20%. Six of these occurred after interest rate hike cycles directly led to economic recessions, while the other two were unrelated to either interest rate hikes or recessions.

Goldman Sachs stated that the market has already priced in expectations of more than three rate hikes over the next year, and corporate earnings and balance sheets remain relatively robust; therefore, the policy shift itself may have a limited impact on the stock market. Morgan Stanley, however, warned that if an inflationary shock leads to a further rise in the 10-year Treasury yield, US stocks could experience a technical correction of about 10%; but if the rise in yields mainly reflects strong economic growth rather than runaway inflation, the stock market still has room to recover.

JPMorgan Chase considers oil prices a key variable in the near term. Oil prices continuing to rise above $100 could push up inflation expectations and compress stock valuations, while if oil price pressures ease, the market will be more likely to absorb the impact of interest rate hikes. Currently, the S&P 500 is less than 2% away from its all-time high, but the 10-year US Treasury yield is approaching 5%, and Nasdaq 100 futures fell about 1.6% on Monday, suggesting that short-term market volatility may still intensify.

According to BlockBeats, on September 14th, the US stock and cryptocurrency markets diverged. Affected by concerns about a slowdown in the development of cutting-edge AI, US technology stocks generally fell in pre-market trading on Monday, while Bitcoin bucked the trend, rising about 1% to $77,800 and Ethereum rising about 1% to $2,500.

Anthropic CEO Dario Amodei recently called for a slowdown in the development of cutting-edge AI to allow safety measures to keep pace with technological advancements, a view echoed by OpenAI CEO Sam Altman and Elon Musk. The South Korean KOSPI index fell approximately 3%, and SK Hynix fell 6%. In pre-market trading, the Nasdaq 100 ETF fell approximately 1.5%, Nebius and CoreWeave fell 6% and 5% respectively, and SanDisk and Intel both fell approximately 5%.

Meanwhile, the sharp rise in oil prices further exacerbated market pressure. Brent crude rose more than 3%, reaching around $107 per barrel, while WTI broke through $103. Gold fell nearly 1% to $4,300 per ounce, and silver fell about 1.5%.

The Federal Reserve will begin its two-day policy meeting tomorrow, and the market almost unanimously expects it to cut the benchmark interest rate by 25 basis points.