Broadline Retail

BABA-WR

Today’s Key News Recap

BIDU

89888

09888

HBUD

09988

89988

HBBD

BABA

RIVN

VIPS

1113 ｜Dolphin Research Key Focus: 🐬 Macro/Industry 1. Trump signed a temporary federal government funding bill passed by both houses of Congress at the White House, ending the longest federal government shutdown in history that lasted 43 days. In the short term, it can restart federal services, issue back pay to employees, alleviate the impact on people's livelihood such as aviation delays and welfare interruptions, and resume the release of economic data to stabilize market expectations. However, the bill is only a temporary solution and does not address core differences such as healthcare subsidies and the remaining 9 annual appropriations, so there is still a risk of a shutdown after January 30...

Baidu

BIDU-SWR

BIDU-SW

Baidu HK SDR 10to1

BABA-W

Alibaba HK SDR 5to1

Alibaba

Meta Platforms

Rivian Automotive

Vipshops

Circle

TME-SW

Alibaba's 'Qianwen' plans to revamp to catch up with ChatGPT; Baidu's Kunlun Chip Supernode unveiled | Today's Important News Recap

Square/Block

Conference Minutes

CASH

ABTC

GBTC

SBET

688688

KBAB

BABO

BABX

NVAWW

Below is the earnings call minutes for Block in 2025Q3 compiled by Dolphin Research. For earnings interpretation, please refer to &#34;Plunged 15%, North America's Alipay Block 'Not That Guilty'&#34;. I. Review of Key Financial Data Full-Year Guidance: Q4 2025 gross profit is expected to increase over 19% year-over-year to $2.755 billion; Q4 adjusted operating profit is projected at $560 million, with an operating profit margin of 20%; full-year gross profit is estimated at $10.243 billion (+15%); full-year adjusted operating profit is anticipated to be $2.056 billion (+28%)...

Block

Pathward Fin

American Bitcoin

Grayscale Bitcoin Trust BTC - ETF

SharpLink Gaming

ANT GROUP

KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

Nova Minerals

VanEck Short Muni ETF

Ameriprise Financial

NOVA MINERALS LTD C/WT EXP 24/07/2029 (TO PUR ADS)

Block (Minutes): Bitcoin payment feature to be launched soon

MSFT

002245

NVDA

AMZN

PLTR

09992

MSFL

MSFO

MSFD

MSFU

MSFX

MSFY

NVDL

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07388

NVDY

NVDD

HPPD

1104 ｜Dolphin Research Focus: 🐬 Stocks 1、$Amazon(AMZN.US) Amazon Web Services (AWS) announced the signing of a $38 billion (approximately RMB 270 billion) computing power contract with OpenAI. OpenAI will immediately utilize hundreds of thousands of NVIDIA GPUs from AWS, which can be expanded to tens of millions of CPUs in the future. AWS will also build dedicated infrastructure to support model training and inference tasks. For AWS, this move is a key response to the rapid growth of Microsoft Azure and Google Cloud...

Microsoft

Jiangsu Azure Corporation

NVIDIA

Amazon

Palantir Tech

POP MART

GraniteShares 2x Long MSFT Daily ETF

YieldMax MSFT Option Income Strategy ETF

Direxion Daily MSFT Bear 1x Shares

Direxion Daily MSFT Bull 2X Shares

T-Rex 2X Long Microsoft Daily Target ETF

Kurv Yield Premium Strategy Microsoft MSFT ETF

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

POP MART HK SDR 20to1

AWS & OpenAI Ink Computing Agreement; Ele.me Starts Name Change｜Today's Important News Recap

Financial Analysis

MercadoLibre

MELI

COST

MEHCQ

VCTR

The Latin American version of &#34;Alibaba&#34;—$Mercadolibre(MELI.US) (hereinafter referred to as Meli) released its financial report for the third quarter of 2025 on October 30. Overall, the revenue side performed well, with accelerated growth quarter-on-quarter and slightly exceeding expectations. Conversely, due to increased logistics subsidies within the e-commerce segment and a decline in financial business due to structural factors and interest rates, profit margins fell short of sell-side expectations. 1. Growth outperformed but profits underperformed: In terms of overall performance, Meli's total revenue (denominated in USD) grew approximately 39.5% year-on-year, with a significant acceleration from the previous quarter...

Mercadolibre

Costain Group PLC

Costco Wholesale

MoneyLion

23andMe

CHROME HLDG CO

Pro Ultra 7-10Yrs

Victory

Meli: Profit miss? It might just be the 'growing pains' before victory.

INTC

09618

HUAWEI

03750

300750

GOOGL

IONQ

LAES

QBTS

QMCO

QUBT

RGTI

02238

003012

605499

01810

GOOG

TSLA

04335

89618

HJDD

HCCD

RGTIW

601238

81810

HXXD

XIACY

1023 | Dolphin Research Focus: 🐬 Macro/Industry 1. Last night, the National Press and Publication Administration announced the approval information for domestic online games in October 2025, issuing a total of 166 licenses, including 159 for domestic online games and 7 for imported online games. The number of approved licenses in October remains at a high level. 🐬 Individual Stocks 1. $JD.com(JD.US) According to the JD.com application, JD.com, in collaboration with CATL and GAC Group, officially announced the name of the 'National Good Car' model. The new car is named 'Aion UT super', positioned as a pure electric small car...

Intel

JD-SW

Huawei

CATL

Alphabet

IonQ

SEALSQ

D-Wave Quantum

Quantum

Quantum Computing

Rigetti Computing

GAC GROUP

Dongpeng Holdings

EASTROC BEVERAGE

XIAOMI-W

Alphabet - C

Tesla

JD.com

INTEL-T

JD-SWR

JD HK SDR 10to1

CATL HK SDR 30to1

Rigetti Computing - CW27

GAC Group

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi Corporation

JD's 'National Good Car' auctioned at a sky-high price; Alibaba's Quark AI glasses near pre-sale｜Today's Important News Recap

AMZU

In Dolphin Research's previous and middle coverage of Mercado Libre—one of the largest comprehensive internet giants in Latin America (which can be reviewed through the link), we explored and analyzed the industry environment, market competition landscape, and business models of the company's two major pillars—e-commerce and financial credit business. In this concluding part, Dolphin will focus on recent company and industry dynamics, the outlook for the company's future performance, and finally, our views on the company's valuation and investment value. The detailed analysis is as follows: I. E-commerce segment 1. Efficiency improvement in fulfillment...

Direxion Daily AMZN Bull 2X Shares

Latin America's Alibaba Mercado: Alibaba's 'face', Amazon's 'core'?

02097

ASML

BYTED

SCHW

07299

SCHW-D

SCHW-J

1015 | Dolphin Research Focus: 🐬 Macro/Industry 1. Federal Reserve Chairman Jerome Powell stated on Tuesday that the central bank may end its balance sheet reduction (QT) in the coming months to prevent liquidity tightness in the short-term funding markets. The dollar index fell in response, providing strong upward momentum for gold priced in dollars, pushing gold prices to new highs. 2. This year's Double 11 promotion started on October 9, with JD.com and Douyin taking the lead, followed by platforms like Taobao, starting 5 days earlier than last year, further extending the event period...

MIXUE GROUP

Pro Ultr Silver

iShares Silver Tr

Taiwan Semiconductor

ByteDance

Charles Schwab

FL2CSOPGOLD

SPDR Gold Shares

SCHWAB(CHARLES)CORP 5.95% DEP SHS REP 1/40 NON CUM PERP PF D

SCHWAB(CHARLES)CORP 4.450% DEP SHS REP 1/40TH N-CUM PFD SERJ

ASML Rises Post-Earnings; Mixue Blends into Beer Market | Today's Important News Recap

03690

AVGO

09866

OpenAI

DXYZ

SFTBY

9984

SOBKY

MPNGY

83690

HMTD

1014 | Dolphin Research Focus: 🐬 Stocks 1, $NIO-SW(09866.HK) Nio has reached a strategic cooperation with Amap Enterprise Car Service, integrating its AI-driven corporate travel solutions. Through AI scheduling algorithms, it reduces employee business travel costs by 15%. This collaboration is a typical practice of technology empowering refined corporate management—AI technology not only directly cuts travel costs but also enhances management efficiency through process optimization and risk control, injecting positive expectations into Nio's financial health...

MEITUAN

Broadcom

OpenAI is collaborating with Arm for the development of Broadcom AI chips; 'Qixian Xiaochu' joins Meituan and Flash Delivery | Today's Important News Recap