下周四美股盘后，苹果财报来袭！该关注什么？市场还在关心下周重磅美国数据：“小非农”、非农、PMI！

下周前瞻 | 苹果、百胜中国、星巴克财报来袭！

He Xiaopeng doesn't want to leave the poker table.

Microsoft "supports" Open AI, Amazon and Google "align" with Anthropic. The close investment and cooperation between the three major cloud computing giants and startups highlight the fierce competition in the US AI large model market.

Cloud giants "take sides" with AI unicorn, Google invests $2 billion in leading competitor Anthropic.

美国第二大有线电视提供商特许通讯当地时间 10 月 27 日在声明中表示，由于与迪士尼公司的纠纷，Charter 的付费用户在今年夏末有 10 天无法收看 ESPN 或其它迪士尼旗下频道，该公司因此损失了约 10 万有线电视用户。第三季度 Charter 共计损失了 32 万用户，远高于分析师预期的 23 万。

美国第二大有线电视提供商 Charter 因与迪士尼纠纷损失 10 万名用户

Large institutions including Vanguard, Pimco, and BlackRock are all bottom-fishing in US Treasury bonds, betting on an imminent slowdown in the US economy. The pains in the bond market are nearing their end.

Wall Street is starting to "bottom fish" US bonds.

General Motors and Stellantis have both agreed to provide a 25% pay raise to members of the United Auto Workers (UAW), which is consistent with the pay raise offered by Ford Motor Company. Earlier this week, Ford Motor Company stated that the major strike had caused $1.3 billion in losses for the company, while General Motors reported losses of $800 million due to its major strike.

The automotive industry's major strike is nearing its end: a 25% pay raise! General Motors and Stellantis are close to reaching an agreement with the union.

Timiraos' article believes that the potential price increase in September has accelerated, but it is not enough to prompt the Federal Reserve to raise interest rates next week. The annualized growth rate of core prices from April to September was 2.8%, a significant slowdown from the previous six months' 4.5%, and it is already lower than the Fed officials' expected core inflation level of 3.7% for this year.

Core PCE warming up does not hinder inflation trend! "New Fed News Agency": Fed expected to continue pause in rate hikes

Ford's third-quarter report fell short of expectations across the board, despite a turnaround from losses to profits and an 11% increase in revenue compared to the same period last year. The six-week strike resulted in a loss of $1.3 billion in operating profit, surpassing General Motors' losses, and also led to a delay of $12 billion in electric vehicle production capacity. The rising costs of warranty for traditional vehicle models may pose even greater risks.

Ford Motor Company plunges 10% and withdraws its full-year profit guidance. The problem is not just electric vehicles. | Earnings Report

The third-quarter earnings reports of the two major American oil giants, Exxon Mobil and Chevron, showed that their adjusted earnings per share fell short of expectations. This was mainly due to weak refining business and oversupply of chemicals. Both companies saw their stock prices drop during the trading session on the 27th, with Chevron's decline reaching 6% at one point, making it one of the biggest decliners in the S&P 500 index.

ExxonMobil and Chevron's profits fall short of expectations due to weak refining business and oversupply of chemicals, causing their stock prices to decline.

道指下跌超过 160 点，跌幅扩大至超过 0.5%。

道指跌超 0.5%，成分股雪佛龙跌约 6% 领跌，高盛创一年新低

万科国资股东给出了强力背书

Lei Jun takes on Huawei head-on.

This group aims to "track, predict, and prevent the dangers of future artificial intelligence systems," including the ability of AI to "persuade and deceive" humans (such as phishing attacks) and the ability to generate malicious code.

Be prepared for the unexpected! OpenAI establishes the "AI Disaster Prevention Team"

He has become a formidable rival to both JD.com and Alibaba.

中国共产党中央委员会、中华人民共和国全国人民代表大会常务委员会、中华人民共和国国务院、中国人民政治协商会议全国委员会沉痛宣告：中国共产党的优秀党员，久经考验的忠诚的共产主义战士，杰出的无产阶级革命家、政治家，党和国家的卓越领导人，中国共产党第十七届、十八届、十九届中央政治局常委，国务院原总理李克强同志，因突发心脏病，经全力抢救无效，于 2023 年 10 月 27 日 0 时 10 分在上海逝世，享年 68 岁。

中共中央 全国人大常委会 国务院 全国政协讣告 李克强同志逝世

In the case of a slowdown in cloud computing spending for two consecutive years, Microsoft's rebound is ahead of its main competitors, Amazon and Google.

The three giants are fiercely competing in cloud computing, with Microsoft rebounding and leading ahead of Amazon and Google.

时来天地皆同力，运去英雄不自由。龙蟠科技的业绩恐难打动港股投资者……

新股前瞻｜业绩 “变脸” 被 A 股投资者冷落的龙蟠科技还想上港股 “淘金”？

On Thursday, the three major US stock indexes closed lower, with both the S&P 500 and the Nasdaq falling into correction territory.

False bull market and artificial intelligence deceive the market. Two fund managers warn: the collapse of the US stock market is imminent!

过去 20 余年，印度股市经历了长期上涨。

国信证券：印度股市为何长牛？

Not willing to fall behind Microsoft, Amazon remains passionate about generative AI.

What AI progress has been revealed in Amazon's Q3 earnings report?

The older I get, the more I love buying stocks.

Deutsche Bank: America is getting older, but is it good news for US stocks?

港股半导体板块冲高，康特隆涨超 8%，中芯国际涨超 5%，上海复旦、华虹半导体等跟涨。

估值降至 200 亿美元，广告收入下降 60%，自己成发帖最多的人！

马斯克𝕏一周年成绩单来了！

在今日亚马逊第三季度业绩会上谈及亚马逊云与 AI 相关问题时，亚马逊 CEO 安迪·贾西表示，对于 AWS 部门的中长期增长非常乐观。贾西透露，公司云业务目前的预计年销售额已经达到 920 亿美元，而 90% 的全球 IT 业务处理仍然基于本地设备，相信这一比例将有机会反转，所以增长空间非常大。再加上刚刚涌现出来的，生成式人工智能市场方面的巨大机会，也将在未来几年内为 AWS 带来数百亿美元的营收。

亚马逊 CEO：生成式 AI 未来几年将为 AWS 带来数百亿美元营收

极兔是继顺丰、京东物流、中通、申通、圆通及百世后，又一家上市物流企业。

极兔上市：段永平朋友圈，合造东南亚千亿快递巨头

外资药企的竞争通常一招就分高下。如今火遍全球的减肥药，也主要是诺和诺德一家的天下。一旦发现缺乏市场前景，这些大药企都会坚决斩仓，就像这次辉瑞放弃对新冠产品的预期一样。

新冠药彻底凉了！辉瑞认栽，将启动全球裁员

港股互联网医疗板块午后冲高，京东健康涨超 8%，阿里健康涨超 4%，平安好医生、叮当健康等跟涨。

京东客服称差价由京东平台承担；天猫客服表示 “系统自动核算处未显示谁出”。两个平台对 “买贵必赔” 的服务均有多种限定。

“最低价” 引爆双 11 第一场混战：买贵必赔，怎么赔？

锂价一降再降，Q3 天齐锂业利润同比下滑 70%

锂价跌跌，锂王也难顶周期的力量 | 见智研究

Counterpoint 最新发布的中国第三季度智能手机销量显示，苹果手机在中国市场第三季度的销量同比下降 10％，市场份额降为 14.2%，排名第四，前三名分别为荣耀、vivi、OPPO，华为则以 12.9％的市场份额排名第六，销量同比上涨 37％。Counterpoint 高级分析师 Ivan Lam 称 “iPhone 销量下滑的原因在于渠道提前降价，而官方后续的价格调整由于错失时间窗口而未能及时挽救销售。此外，iPhone 15 系列在发布初期由于供应受限，销售表现不及 iPhone 14 系列。

苹果中国销量降 10％

Earlier this month, economists surveyed by the media predicted that the US GDP in the fourth quarter would grow at an annual rate of 0.9%. Forecasters expect that the US economy will cool down in the fourth quarter due to high interest rates and global risks putting pressure on the economy.

Q3 economic growth exceeds expectations? Even Americans themselves are not optimistic about Q4.

10 月 26 日，据人社部介绍，我国个人养老金制度平稳实施。不过记者注意到，在个人养老金稳步推行过程中，也遭遇了 “开空户” 的情况。人社部数据显示，截至 6 月底，全国 36 个先行城市（地区）开立个人养老金账户人数达到 4030 万人。而根据今年一季度末的数据来分析，全国 3038 万人开立个人养老金账户，其中只有 900 多万人完成了资金储存，实际缴费人数仅为参加人数的 31.37%；储存总额 182 亿元，人均储存仅 2022 元。

个人养老金账户 “空户” 难题待解：个人养老金实缴人数仅占开户数三成

据外交部，当地时间 2023 年 10 月 26 日，中共中央政治局委员、外交部长王毅在应邀访美期间在华盛顿同美国国务卿布林肯举行会谈。此次访问是对布林肯今年 6 月访华的回访。双方在建设性气氛中就中美关系和共同关心的问题深入交换了意见。双方将于 10 月 27 日上午继续会谈。

王毅同美国国务卿布林肯举行首日会谈

创始人李杰持有极兔速递 11% 的股份，净资产已达 15 亿关元。李杰是过去 20 年网购热潮催生的又一位中国亿万富豪，也是第一位从东南亚发家的亿万富豪。

极兔速递今日港交所挂牌上市，发行价 12 港元/股，股价盘初几无变动

After the stock market closed on Tuesday, Google's earnings exceeded Wall Street's expectations. Meta also followed suit on Wednesday, surpassing expectations.

Google and Meta's earnings reports exceeded expectations but still faced selling pressure. Are investors overreacting?

天眼查 App 显示，近日，杭州灏月企业管理有限公司成立，法定代表人为胡晓，注册资本约 42.64 亿美元，经营范围为企业管理、企业管理咨询、信息咨询服务，由淘宝软件有限公司、浙江天猫技术有限公司、阿里巴巴网络中国有限公司共同持股。同日，传航科技有限公司、传滨科技有限公司成立，法定代表人均为束航，注册资本分别为 2.81 亿美元、1.85 亿美元，经营范围均含计算机软硬件及外围设备制造、软件开发、信息系统运行维护服务等，也均由淘宝软件有限公司、浙江天猫技术有限公司、阿里巴巴网络中国有限公司共同持股。

阿里 42 亿美元成立企业管理公司，同日成立 3 家新公司

虽然很难预测其上市之后的股价走势，至少目前来看，它是为数不多有可能让一级市场投资人赚到钱的公司。

极兔 IPO：东南亚投资终于有了成功样本

港股药品股持续走强，翰森制药涨近 7%，石药集团涨超 5%，中国生物制药、信达生物等跟涨。

英伟达或将推出基于 ARM 的 PC 端 CPU，战略布局早已有迹可循。AI CPU 战场或从服务器延伸至 PC 端，可能引领新一轮技术变革！

英伟达进军 CPU！意味着什么？

According to the data, the Nasdaq 100 index has fallen 11% from its peak in July, erasing about one-third of the gains driven by artificial intelligence. This includes a recent plunge that wiped out approximately $800 billion in market value over the past two days.

The market value of the Nasdaq has evaporated by approximately $800 billion in two days! When will the sell-off of technology stocks end?

中资券商表示，“目前有这个能力直接将 9500 万股实物股票直接转成电子股票存放在 CCASS 的，应该就只有 Naspers（南非报业集团），这应该是减持前兆”。

超 250 亿元腾讯股票被存入 CCASS，什么信号？

Amazon's third-quarter revenue increased by 13%, exceeding expectations, and profits were three times higher than last year. However, the midpoint of the revenue guidance range for the fourth quarter is lower than expected, suggesting that the consumption during the year-end holiday shopping season may not be strong. The growth rate of cloud revenue is less than 13%, although it is the first time it has accelerated since the end of 2021, it is significantly weaker than its competitors Microsoft and Google, which has raised concerns on Wall Street.

Amazon warns of weak consumer spending, Q3 cloud growth slower than competitors, stock falls after-hours despite 5% initial increase | Earnings Report

Intel's revenue has declined YoY for the seventh consecutive quarter, but both its profits and outlook are better than expected, with a return to growth expected in the fourth quarter. The revenue decline in the PC division is only one-third of the expected decline, but the CEO admits that the server chip business is facing competitive pressure, with a YoY decline of 10% in revenue. The CEO also mentioned that there is no need to worry about the shortage of Arm-based PC chips, as it presents a potential opportunity for contract manufacturing.

Intel's Q3 results and outlook for the next quarter are positive, with a strong after-hours surge of 8% despite the lack of growth in server chips.

人工智能、云业务、核心零售与广告业务复苏、FTC 的反垄断诉讼等都是本次财报焦点。财报发布前，华尔街没有分析师持有 “卖出” 评级，目标股价暗示还会大涨至少 40%。

亚马逊将公布财报 | 财报见闻

Mercedes-Benz announced its third-quarter earnings report on Thursday, which showed a decline in both revenue and profit due to intense price competition in the electric vehicle market, supply chain challenges, and foreign exchange losses. As a result, the company's stock price plummeted. However, despite the difficulties in the electric vehicle market, Mercedes-Benz stated that it will continue to adhere to its plan of transitioning to electric vehicles.

Intense price wars have taken a toll on luxury carmaker Mercedes-Benz, as its revenue and profits have declined, leading to a significant drop in its stock price. | Insights from the Earnings Report

Tech giants in the US stock market, known as the "Seven Sisters," have been driving the market to new heights this year. However, after the release of third-quarter earnings reports by companies such as Meta and Google, their stocks plummeted, resulting in a combined market value loss of over $200 billion. The downward trend in the US stock market continued on the 26th, with the Nasdaq index falling by 1.2% during trading hours. Analysts believe that the heavy weighting of tech stocks in the S&P 500 index poses a risk to the entire market if their earnings reports disappoint.