On Thursday (October 19th), the Federal Communications Commission (FCC) agreed to open a spectrum for certain devices, which may help pave the way for new applications of augmented reality (AR) and virtual reality (VR) wearable devices. The organization unanimously voted to open the 6GHz frequency band to a category of "new ultra-low power devices", such as wearable technology devices. According to a press release, the FCC expects this move to "stimulate an ecosy ... 阅读全文

On Thursday (October 19), the yield of benchmark 10-year US treasury bond bonds hit the 5% mark for the first time since July 20, 2007. The breakthrough of this important integer mark marks a new milestone in the process of rising US borrowing costs

Tesla Inc.'s continuous price cuts this year indicate that consumers are no longer willing to pay premiums for their cars. This raises a key question for Wall Street: is its high stock market valuation still reasonable?

Philadelphia Fed Chairman Patrick Harker said on Thursday that despite slightly faster than expected economic growth, the Fed should still maintain interest rates unchanged. We are at a stage where we can maintain interest rates at the current level, "Huck said in a speech to the Chartered Institute of Financial Analysts. So far, the evolution of the economic and financial situation has roughly met my expectations, but I am closely monitoring the latest data, whi ... 阅读全文

According to the Bloomberg Billionaires Index, the wealth of the world's richest person and Tesla CEO Elon Musk decreased by $16.1 billion on October 19th, dropping to $209.6 billion. On the same day, Tesla's stock price fell 9.3%. The previously announced third quarter earnings and revenue did not meet expectations, and quarterly sales fell for the first time this year. After repeatedly lowering car prices, the profit margin fell to its lowest level in more than ...

On October 20th, according to the news on Ideal Automobile Weibo, the 100000 th Ideal L8 vehicle was delivered.

Johnson&Johnson's official website recently released a third quarter performance that exceeded expectations in adjusted profits and revenue. Data shows that the reported sales for the third quarter of the 2023 fiscal year increased by 6.8% year-on-year, reaching $21.4 billion, higher than the expected $21.04 billion. Net profit was $4.31 billion, with earnings per share (EPS) of $1.69, an increase of 4.3%. After the financial report was released, Johnson&Johnson ... 阅读全文

Tesla has raised the price of the All Wheel Drive Model X Plaid to $94990, from the previous price of $89990.

On Thursday (October 19th) local time, after Federal Reserve Chairman Powell delivered a speech, renowned journalist Nick Timiraos, known as the "New Federal Reserve News Agency," shared his latest findings in an article. Powell said at the New York Economic Club luncheon, "Considering uncertainty and risks, as well as the progress we have made, the Committee (FOMC) is acting cautiously. Data from recent months shows that the Federal Reserve is making progress in ... 阅读全文

After the opening of the US stock market on Thursday (October 19th), Tesla's stock price significantly declined, dropping 9.8% to $218.67 per share during the period. It has now narrowed its decline slightly to $221.50, with a market value of approximately $67 billion evaporated from yesterday. After Wednesday's trading session, the electric vehicle leader announced its latest financial results: Q3 revenue of $23.35 billion, adjusted earnings per share of $0.66, ... 阅读全文

Last week, the initial demand in the United States unexpectedly dropped to its lowest level since January, indicating that even under the pressure of the Federal Reserve's repeated interest rate hikes, the labor market remains exceptionally hot. Prior to the US stock market on Thursday (October 19th), data released by the US Department of Labor showed that in the week ending October 14th, the number of first-time applicants for unemployment benefits was 198000, a ... 阅读全文

On Thursday (October 19th) local time, the Indian government announced that it would allow unrestricted imports of laptops and tablets, and launched a new "authorization" system aimed at monitoring the shipment volume of such hardware without damaging market supply. Officials said that the new "import management system" will come into effect on November 1st, requiring companies to register the quantity and value of imports, but the government will not refuse any ... 阅读全文

Toyota Motor, the world's best-selling automaker, announced on Thursday that it has signed an agreement to adopt Tesla's electric vehicle charging technology starting from 2025. This brings Tesla's North American Charging Standard (NACS) closer to replacing its competitor, the Combined Charging System (CCS), as an industry standard. Toyota will integrate the NACS port into certain Toyota and Lexus pure electric vehicles, including the new Toyota SUV to be assembl ... 阅读全文

According to Taiwan's Electronic Times, semiconductor practitioners have stated that TSMC's current capacity utilization rate is slowly recovering, with a drop of around 40% at 7/6 nanometers and a return to around 60%. By the end of the year, there is a chance to climb to 70%, while 5/4 nanometers are also between 75% and 80%. The quarterly increase in production capacity at 3 nanometers is also around 80%. Next, the quotation for advanced manufacturing processe ... 阅读全文

According to the China CITIC Construction Investment Research Report, the US Treasury's large-scale issuance of bonds will continue to reduce net liquidity. This round of interest rate hikes will lead to a downward trend in the US credit cycle, which will drag down US stocks and expect the valuation of the Dow to continue to decline. In the short term, the escalation of the Palestinian-Israeli conflict in the Middle East has led to an increase in demand for safe ... 阅读全文

Check out the hot topics. Tesla's stock price plummeted 9.3% on Thursday to close at $220.11. Previously, the company's third quarter financial report released after hours on Wednesday was disappointing, with CEO Musk stating that he will continue to focus on reducing costs and warning that Cybertruck faces significant challenges in mass production and achieving positive cash flow. As Tesla's stock price fell, Musk's fortune evaporated overnight to $209.6 billion ... 阅读全文

At the "JD 11.11 Really Cheap" press conference held on October 19th, JD Retail CEO Xin Lijun stated that the low prices that JD has always advocated are not "fake low prices" obtained through shoddy goods, lack of weight, and cheating; Instead, it relies on honest management, continuously squeezing water in the supply chain, and giving the money saved through extreme efficiency to users and partners, which can truly promote consumption and stimulate the vitality ... 阅读全文

On October 18th, the Guangzhou game research and development studio "Xinyuan Interactive" under Bilibili reported layoffs and dissolution, and Xinyuan Interactive CEO Ding Qianwei will also leave the company. According to the news, Xinyuan Interactive currently has only one adaptation project of the Japanese anime IP, codenamed QQ13, which has been retained due to an external cooperation contract, but all other projects have been cut off. Regarding this news, the ... 阅读全文

On October 19th, Beijing time, Intel officially launched its first "AI PC Acceleration Program", which aims to connect independent hardware vendors (IHVs) and independent software vendors (ISVs). The program will bring artificial intelligence (AI) features to over 1 million PCs by 2025, and will be led by the Intel Core Ultra processor, which is scheduled to be released on December 14th. The initial partners of the plan include Adobe, Audacity, BlackMagic, Buffer ... 阅读全文

On October 19th, Tesla released its third quarter financial report for 2023, showing year-on-year growth in production, delivery, and revenue, reaching $23.4 billion in revenue. At the financial report conference call, Tesla CEO Elon Musk expressed his views on topics of external concern such as autonomous driving, Cyberrack, and energy storage business. According to the financial report, Tesla's total revenue in the third quarter was approximately 23.4 billion U ... 阅读全文