
Global news you need to know before the U.S. stock market opens on Tuesday
Concerns about technology stock valuations have reignited, with Nasdaq futures falling by 0.5%. Gold and silver both rose, while Bitcoin dropped over 1%.
ADP: In the four weeks ending October 25, the average weekly job cuts in the U.S. private sector were 11,250.
The UK's unemployment rate unexpectedly rose, leading the market to bet on a rate cut by the Bank of England in December, putting pressure on the government's autumn budget.
SoftBank's Q3 net profit doubled, with the Vision Fund earning $19 billion, liquidating its position in NVIDIA and increasing investment in OpenAI.
Coreweave conference call: The 40% reduction in this year's capital expenditure guidance is mainly due to delivery delays, while prices for older generation GPUs remain strong.
Meta's chief AI scientist LeCun is reported to be leaving to start his own venture, differing from Zuckerberg's vision of "superintelligence."
Tesla plans to expand its Texas Gigafactory, aiming for an annual production of 10 million Optimus humanoid robots.
Hesai Technology turned a profit in Q3, with LiDAR shipments surging over twofold year-on-year, raising its full-year net profit guidance.
The Nikkei 225 closed down 0.1%, the Shanghai Composite Index fell 0.39%; the Hang Seng Index rose 0.18%

