Bubble or Breakthrough? NVIDIA's Earnings Report Puts the AI Boom Under ScrutinyU.S. Stock Market Outlook | Three Major Index Futures Decline Together, S&P and Nasdaq Fall Below 50-Day Moving Average Triggering Technical Breakdown Alert"The London Whale" killer strikes again! The AI bubble theory is rampant, rumored that Saba Capital is selling CDS of giants like Oracle and MicrosoftGoogle CEO warns: No company will be spared when the AI bubble burstsBohai Capital is reportedly considering introducing Tencent, GIC, and others to participate in the acquisition of Starbucks' business equity in ChinaUnder the AI infrastructure boom, Taiwan Semiconductor is making a fortune! UBS: $1 billion to $2 billion in revenue per GW!For the first time in 20 years, "over-investment" appears! Bank of America fund manager survey: AI bubble has become the largest "tail investment" in the marketMicrosoft and Amazon lead the decline among the seven tech giants in pre-market trading due to Redburn downgrading two stock ratingsLEAPMOTOR maturesPDD's Q3 revenue growth slowed to 9%, net profit increased by 17% year-on-year, and management warned that financial volatility will persist | Earnings Report InsightsHong Kong Stock Review: Disorder and ChaosSolving the "mountain of shit" that is Siri is the top task for Apple's new leaderThis Thursday, NVIDIA's performance exceeding expectations is a certainty, and the market is most concerned about the ramp-up speed of Blackwell's production capacityPDD's "100 Billion Support" continues to benefit the industry, with operating profit growing in low single digitsPDD's revenue for the third quarter was 108.28 billion yuan, estimated at 107.59 billion yuanLu Weibing: Xiaomi Automobile is expected to complete its annual delivery target ahead of schedule this weekLu Weibing: Xiaomi's automotive division will complete its annual delivery target ahead of schedule this week, and it is expected that the gross profit margin will decline next year. The mobile phone business may respond to rising storage costs by increasing pricesXiaomi's Q3 adjusted net profit increased by 80.9% year-on-year, reaching a record high, with electric vehicles and AI and other innovative businesses achieving operating profit for the first time in a single quarter | Financial Report InsightsBaidu Q3 revenue is 31.17 billion yuan, a year-on-year decrease of over 7%, with AI business revenue growth exceeding 50% | Financial report insightsXiaomi Corporation's revenue for the third quarter was RMB 113.12 billion, estimated at RMB 112.5 billion; the operating income from electric vehicles and AI and other innovative businesses in the third quarter was RMB 700 millionBaidu Group's revenue in the third quarter was RMB 31.17 billion, with market estimates at RMB 30.87 billion; adjusted EBITDA for the third quarter was RMB 4.43 billion; adjusted operating profit for the third quarter was RMB 2.21 billionThe degree of relaxation in EU banking regulation is unlikely to match that of the United States, and industry executives are concerned about insufficient competitivenessThe fifth profitable new energy vehicle company is about to emergeJust now, a debate erupted between China and the United States over robotsGlobal Markets Hit by 'Cold Wave'; Google AI Advances in Travel Services Track | Today's Important News RecapHong Kong stock market closing | The Hang Seng Index fell 1.72%, falling below 26,000 points, with the aluminum sector leading the decline as CHINAHONGQIAO dropped 5.88%, and leading tech stocks under pressureAfter Jensen Huang's visit to Taiwan, Morgan Stanley raised its expectations for Taiwan Semiconductor's CoWoS capacity: an expansion of over 20% by 2026 is needed to keep up with the growth in 3nm capacityUeda Kazuo informed Takagi Sanae: The Bank of Japan will continue to raise interest rates cautiouslyJapanese authorities face another "Yen Defense Battle"! Upgrading verbal intervention is the most likely optionWhy did the storage price increase punish the PC market, but spare only Apple and Lenovo?Is the Japanese bond crisis re-emerging? Concerns over fiscal stimulus intensify, leading to a triple kill in Japan's "stocks, bonds, and currency," with long-term bond yields reaching new highsPrices have surged, with some products increasing by 102% in a month. Several smartphone manufacturers have suspended purchases, and some inventories are insufficient for less than three weeks! Analysts say, "Low-end devices may incur more losses," and the price increase is surprisingly due to AI?To save the declining industry, Germany has introduced a "maximum electricity price cap."Macau Chief Executive Ho Iat Seng delivered a policy address: The preliminary GDP of Macau for the first three quarters is MOP 301.33 billionIn just six weeks, the cryptocurrency market has "evaporated" $1.2 trillionCITIC Securities International: Reiterates Alibaba-W's Preferred Status with a "Buy" RatingUnderstanding the Market | Li Auto-W fell nearly 4%, hitting a new low in over a year, down more than 40% from its peak this yearBacked by NVIDIA, Cassava plans to raise $700 million to build Africa's largest AI computing networkUnderstanding the Market | Technology stocks generally under pressure, Tencent Holdings Limited down over 2%, Alibaba-W turns to decline againiPhone 17 sales in China surged 37% in the first month, Apple regained a 20% market share high groundProLogis: The probability of the Federal Reserve cutting interest rates in December is 50%, and it is expected that there will be no rate cuts in the first half of next year, with policies to be observed in the second halfThe new generation iPhone drives Apple's smartphone sales in China to surge in October, with a market share reaching 25% that monthReminder: Please pay close attention to the following (all times are in Beijing time)Hong Kong Stock Market Mid-Review: Hang Seng Index Closed Down 1.47%, New Consumption Concept Stocks PlummetedNew Attempts to Boost Household Consumption: Spring and Autumn Breaks for Primary and Secondary SchoolsIn October, India's gold imports surged by 200%Understanding the Market | COSCO SHIPPING Development fell over 4% as Federal Reserve rate cut expectations cool, with the company having nearly $7 billion in floating rate dollar borrowings