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phoenix finance news: on september 11, u.s. stocks opened with mixed gains and losses, with the dow jones industrial average down 0.33%, the nasdaq up 0.21%, and the s&p 500 down 0.04%.

trump-related stocks fell across the board, with trump media and technology group falling more than 15% and phunware falling nearly 8%. polls showed that 63% of viewers believed that harris won the first debate.

game retailer gamestop fell more than 10%, with q2 revenue down 31% year-on-year to us$798 million, and is evaluating store closures.

company news

samsung electronics reportedly plans to cut overseas staff in some departments by up to 30%

samsung electronics will cut its overseas staff in some departments by up to 30%, according to media reports citing sources. one of the people said the plan will be implemented by the end of this year and will affect positions in the americas, europe, asia and africa. two of the people familiar with the matter revealed that samsung has asked its subsidiaries around the world to reduce sales and marketing staff by about 15% and administrative staff by up to 30%.

[vice president of nippon steel was reported to have gone to the us to lobby to save the us steel acquisition]

media quoted sources as saying that as the resistance to its acquisition of u.s. steel grows, nippon steel has sent a senior executive to washington to try to save the jeopardy deal.

nippon steel announced in december last year that it would spend $14.9 billion to acquire u.s. steel. the deal has been strongly opposed in the united states and has been under investigation by the committee on foreign investment in the united states (cfius) since last year. last week, media reported that u.s. president biden was preparing to block the deal.

nippon steel vice president hiroshi moritaka, who is also the lead negotiator for the u.s. steel deal, is scheduled to meet with several u.s. cabinet undersecretaries involved in cfius work in washington on wednesday, people familiar with the matter said.

[unicredit bank ceo reportedly contacted commerzbank management and invited them to participate in merger talks]

according to media reports citing sources, unicredit ceo andrea orcel approached commerzbank's management and invited it to explore merger talks. a commerzbank spokesman said a board meeting would be held later today to discuss the matter.

[agency: it is expected that global shipments of iphone 16 series will reach 73 million units in 2024]

analysts at market research firm techinsights predict that apple's iphone 16 series shipments will exceed its predecessors, with global shipments expected to reach 73 million units in 2024. the iphone 16 pro max is expected to become the best-selling model in the iphone 16 series, accounting for 35% of total sales.