Global news you need to know before the U.S. stock market opens on Wednesday

Fully in line with expectations! The U.S. February CPI rose 2.4% year-on-year, and the core CPI rose 2.5% year-on-year.

ECB Governing Council: If the Middle East conflict drives up inflation, the European Central Bank may raise interest rates earlier.

Report: IEA proposes to release a record 400 million barrels of oil reserves, more than double the level of 2022.

Oracle's U.S. stock rose over 11% in pre-market trading, with the company's revenue guidance exceeding expectations.

Amazon issues euro-denominated bonds for the first time: plans to issue 8 tranches of bonds, with a maximum maturity of 38 years.

OpenAI plans to integrate its AI video generation tool Sora into ChatGPT.

Jensen Huang rarely posts: AI is an important force reshaping the world, akin to electricity and the internet as infrastructure.

Pony Ma posted on social media late at night, previewing a batch of "lobster" products coming soon.

Tesla's Shanghai Gigafactory delivered 58,600 units in February, a year-on-year increase of 91%.

Eli Lilly plans to invest $3 billion over the next decade to expand its oral weight loss drug production capacity in China.

The Nikkei 225 index closed up 1.4%, the Shanghai Composite Index closed up 0.25%; the Hang Seng Index closed down 0.24%