The U.S. stock market earnings season kicks off with a bang! With the shadow of war in the Middle East and between Russia and Ukraine looming overhead, and U.S. CPI swaying rate hike expectations, can "AI faith" truly conquer all?

The highly anticipated U.S. third-quarter earnings season is about to kick off in full force, which also means global stock markets will almost simultaneously face a high-intensity triple test: "the pace of profit realization linked to AI computing power resources, financing costs under surging U.S. Treasury yields, and energy inflation under sustained geopolitical pressure." This week, Wall Street's super financial giants, including BlackRock and JPMorgan, will be the first to report results. Among them, BlackRock will showcase the latest changes in global capital allocation and asset management operations, while the performance of this asset management giant will also reveal whether global institutions and retail investors are still flocking to AI computing power-themed ETFs amid the AI investment frenzy, as well as investors' enthusiasm for participating in private funds related to AI computing power infrastructure. ASML and TSMC, meanwhile, will comprehensively test the AI investment boom from three dimensions: semiconductor manufacturing equipment delivery, AI chip manufacturing, advanced packaging revenue generation, and the pace of future semiconductor capacity expansion.