Microsoft's first "AI super factory" is put into operation: connecting two data centers to build a distributed networkBreakfast | AMD surged 9% leading the S&P, Circle plummeted 12% after earningsStablecoins may become the "new major player" in U.S. Treasury bonds, with the U.S. Treasury Secretary expecting a market value exceeding $3 trillion before 2030Boston Federal Reserve President: Inflation remains high while the labor market has not significantly deteriorated; the threshold for interest rate cuts in the short term is relatively highReminder: Please pay close attention to the following (all times are in Beijing time)Cisco's Q1 fiscal revenue increased by 8% year-on-year, with a significant growth in AI-related orders, raising the full-year performance guidance, and the stock price rose over 7% in after-hours trading | Earnings Report InsightsConcerns Behind the AI Boom: By 2028, the U.S. Power Shortfall May Be Equivalent to 44 Nuclear Power PlantsTop 20 U.S. stock trading volumes on November 13: AMD reiterates that AI-related spending will continue to grow stronglySet for January 21! The U.S. Supreme Court will hold a hearing on the case of Federal Reserve Board Governor CookThe U.S. subprime auto loan default rate hits a record high, with high car prices and high interest rates increasing the burdenSoftBank's stock price plummeted 10% after selling $5.8 billion worth of NVIDIA sharesCountdown to the U.S. government shutdown ends: The House of Representatives votes on the temporary funding bill on Wednesday night"The Federal Reserve's third-in-command": The Fed may soon begin to restart bond purchases to manage liquidityReport: The EU plans to launch a new investigation into Google regarding the ranking issues of news organizationsCircle (Minutes): The Ecological Network is More Important than CommercializationTencent Music (Minutes): Subscription growth slightly slowed, short-term investments impact profitabilityApple Inc. stated that the reduction in developer fees did not benefit EU usersMeta has committed to spending over $1 billion to build a data center in Wisconsin, USAHedge fund giants like Point72 and Millennium enter the private credit market, ushering in a new era of "slow returns."Tracking the transformation of Xinhua dividend insurance: Premium growth slowed in October, and "New Year opening" pressure remainsNVIDIA continues its decline from yesterday after being fully divested by SoftBankThe first in the United States: Waymo, a subsidiary of Alphabet, will supply self-driving taxis on highwaysBostic unexpectedly announces retirement, adding uncertainty to Federal Reserve leadership adjustmentsUS Stock Movement | Eli Lilly continues to hit historical highs, positive results from clinical research on new weight loss drugsInterest rate cut expectations and optimistic sentiment from government reopening boost risk assets, Nasdaq futures rise 0.5%, U.S. Treasury yields increase, gold retreatsOpening: U.S. stocks opened higher on Wednesday, with AMD leading the rebound in tech stocksGoldman Sachs warns: In the next decade, the annualized return rate of U.S. stocks will only be 6.5%, lagging behind the world, while emerging markets may take the leadInstitutions are moving south, and Hong Kong stocks will continue to be bullish in 2026! Cathay Pacific Securities Wu Xinkun: Public offering insurance funds are expected to exceed 800 billion in holdingsDon't be blinded by the bull market! The rise of U.S. stocks may be weaker than you think"Squid Game" moves to Wall Street! Korean retail investors bet on U.S. meme stocks, with overseas holdings surging to $170 billionIs the valuation repair market starting? Among the four major banks, why did ABC's PB rate rise above 1 first?ByteDance makes a push, can Tencent Music still be 'small and beautiful'?No longer "selling gold"! HSBC: LAOPU GOLD is expected to break free from the gold price cycle and leap to a "Tiffany-style" luxury brandUS Stock Outlook | Three Major Index Futures Rise Together, Market Eagerly Awaits US Government RestartGoldman Sachs: Expects U.S. stocks to lag behind global markets in the next decade, advises investors to increase overseas allocationsZhitong Hong Kong Stock Analysis | Rumors Trigger Decline in Photovoltaics, Market Heavily Trades Oversold New Consumer StocksImplying that the central bank should not raise interest rates? Kato Sanae urgently calls for Japan to need "wage-driven" healthy inflationStablecoin issuer Circle's revenue in the third quarter increased by 66% to $740 million, with profits significantly exceeding expectations, and the circulation of USDC stablecoins doubled year-on-year | Earnings report insightsHumanoid robots have elevated XPeng to the altarRT-Mart's first "three-year roadmap": Aiming to transform nearly 50% of its performance onlineStablecoin issuer Circle reported total revenue and reserve income of $740 million in the third quarter, with market expectations of $707.3 million; adjusted EBITDA for the third quarter was $166 million, with market expectations of $132.5 millionRevitalize! Luckin Coffee CEO: Preparing to restart the U.S. stock listing, but there is currently no clear timetableThe memory upcycle is "far from over"! Morgan Stanley: Investors should hold memory stocks rather than "timing the market," and be wary of the "sharp rise in costs" for consumer electronics and PCsGoldman Sachs: Xiaomi Corporation - WSU7 Pro/Max delivery cycle shortened, capacity enhancement continues to demonstrate outstanding execution capabilitySoftBank's sale of NVIDIA shares highlights the funding demand in the artificial intelligence sector, with a drop of 10% at one point during the trading session