Daily US Stock Market News Briefing (November 20, Wednesday)

USHK News
2024.11.20 13:29

  1. Haier Group responds to the acquisition of Autohome (ATHM.N): does not comment on market rumors.

  2. Tesla (TSLA.O) has expressed its intention to procure HBM4 from SK Hynix and Samsung.

  3. New Oxygen (SY.O) Q3 revenue decreased by 3.5% year-on-year, and Q4 revenue guidance fell short of expectations.

  4. Nio (NIO.N) reported a gross profit of 2.007 billion yuan in the third quarter, an increase of 31.78% year-on-year.

  5. Manbang (YMM.N) reported a 33.9% year-on-year increase in Q3 revenue to 3.03 billion yuan, with net profit hitting a record high.

  6. Intel (INTC.O) launched a new MRDIMM high-speed memory, with peak bandwidth increased by nearly 40%.

  7. T-Mobile issued a statement saying that the company has not decided to end its partnership with Nokia (NOK.N).

  8. Target (TGT.N) Q3 performance fell short of expectations and lowered its full-year guidance, causing a sharp decline in the U.S. retail sector.

  9. GlaxoSmithKline (GSK.N) successfully completed Phase III study of IBAT inhibitors for treating PBC-related cholestatic pruritus.

  10. Counterpoint: Apple's (AAPL.O) iPhone sales in China during Double Eleven fell by double-digit percentages.

  11. Wall Street analysts generally expect Nvidia (NVDA.O) to report a total revenue growth of 84% year-on-year in the third fiscal quarter, with net profit soaring to $17.45 billion

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