China Merchants Bank International: Market expectations for a Federal Reserve rate cut in December have decreased, and investors' concerns about the high valuations of technology stocks continue to fermentUnderstanding the Market | XPENG-W fell over 5%, but its stock price has still increased by more than 1.1 times this year. The third-quarter report will be released next weekUnderstanding the Market | CIMC soared over 7% in the afternoon as energy storage containers attracted market attention, and the company has strong cost competitivenessTencent once again aims for 7 trillionNVIDIA-supported Australian artificial intelligence company Firmus raises $325 millionElectricity changes the AI competition landscape! Goldman Sachs tested: By 2030, America's "backup power" will fall below the critical line, while China still has up to 400GWIn the face of competition from ByteDance's "Soda Music," Tencent Music's growth relies on "premium memberships + offline concerts."Why U.S. stocks need to be wary of "big short" liquidations? Their rise to fame is a history of bubble warningsDWS: U.S. stocks may benefit from corporate earnings growth and interest rate cuts; European stocks still have investment opportunities outside of technologyIn October, China's industrial added value above designated size increased by 4.9% year-on-year, with a good growth momentum in high-tech manufacturing, while crude steel production decreased by 12% year-on-yearSMIC (Minutes): Storage price increase, terminal manufacturers are becoming more conservative in their plans for next year.The takeaway battle enters the second half: order volume declines, average order value rises, Meituan is expected to achieve breakeven by mid-next yearAdvertising and gaming are both experiencing explosive growth! AI is opening up new monetization opportunities for TencentAfter Jensen Huang's visit to Taiwan and his request for "production capacity," is Taiwan Semiconductor urgently adding expansion plans? It may raise capital expenditures for 2026CICC: Maintains Tencent Holdings "Outperform Industry" Rating with a Target Price of HKD 700BlackRock Q3 increases investment in tech giants: adds to its top holding NVIDIA, while simultaneously reducing holdings in Apple and AlphabetNational Bureau of Statistics: The national economy operated steadily in October, with a continuous trend of progress amid stabilityAPP Store rules undergo another transformation: Apple seizes the "mini program economy" opportunity, cutting commission by half to 15%Technology stocks fell sharply, with Baidu dropping 8%, causing Hong Kong stocks to decline over 300 points and fall below the 27,000-point mark againUnderstanding the Market | Cryptocurrency Concept Stocks Decline, BOYAA Drops Over 5%, Bitcoin Falls Below $100,000Elon Musk's major shift! It is reported that Tesla is developing support for Apple CarPlayUnderstanding the Market | Gold stocks collectively decline as multiple Federal Reserve officials signal a hawkish stance, leading to significant fluctuations in international gold pricesThe U.S. liquidity indicators show signs of "tightening" again, is the market pushing the Federal Reserve to "restart QE"?In the third quarter, nearly full production! Zhao Haijun of SMIC: Supply will still be insufficient in the fourth quarter, and annual revenue is expected to exceed 9 billion USDThe Hang Seng Index opened down 1.5%, and the Hang Seng TECH Index fell 2.2%Hedge funds are selling U.S. consumer stocks at the fastest pace in five years!SMIC's Zhao Haijun: Expected annual revenue exceeds 9 billion USDThe Federal Reserve's inflation hawks are rising, intensifying internal divisions, with December rate cut expectations dropping to 50%Why did US stocks suddenly plummet as high-flying stocks collectively nosedived?Berkshire significantly reduced its holdings in Apple and Bank of America in the third quarter?CITIC Securities: Fiscal + Monetary Double Easing, 2026 US Stock Market Upward Momentum ContinuesTech stocks and digital currencies are being sold off as the U.S. market continues the "risk-off mode" that began this monthInnovative "savings" method! Robinhood launches "Cash Delivery," allowing users to avoid going to ATMsOklo, IonQ, Coreweave, Bloom Energy... In the past month, these "quantum, AI, energy" stocks have already "dropped significantly."Kioxia's thunderstorm, Seagate's plunge, the "hottest" American storage stocks all fell sharplyThe "Big Short" Fund Liquidation Letter Circulating OnlineBreakfast | US stocks plummet! Tesla falls over 6%, leading the decline in tech stocksBlue Origin, owned by Bezos, completes its first NASA launch mission, with the "New Glenn" rocket booster landing safelyReminder: Please pay close attention to the following (all times are in Beijing time)Is the global dollar safety net changing? Europe discusses creating an alternative to the Federal Reserve's liquidity mechanism"Should maintain restrictions" VS "Should support employment" Divergent views among Federal Reserve regional presidents on whether to continue cutting interest ratesTrump advisor Hassett: It is estimated that the government shutdown will cause 60,000 people to lose their jobsTesla AI executive says: 2026 will be the toughest year for employeesGoogle launches AI computing service dedicated to cloud privacy protection