On Wednesday Eastern Time, the three major US stock indices closed slightly higher, with the Dow up 0.47%, the Nasdaq up 0.07%, and the S&P 500 up 0.16%. Large technology stocks fluctuated, with Intel up over 3%, Tesla and Netflix up over 2%, and Apple, Microsoft, and Google slightly rising; NVIDIA, Amazon, and Meta fell more than 1%. Among them, NVIDIA stopped rising for ten consecutive times, while Microsoft continued to hit a new closing high.
Popular Chinese concept stocks generally rose, with the Nasdaq China Golden Dragon Index rising 2.87%. Tencent Music and JD.com rose by over 7%, Vipshop rose by over 6%, iQiyi and Weibo rose by over 5%, NIO rose by over 4%, Alibaba, Pinduoduo, and Baidu rose by over 3%, Bilibili, Futu Holdings, and Xiaopeng Automobile rose by over 2%, Ideal Automobile and Man Bang rose by over 1%, and NetEase rose slightly.
Global News

US October PPI increased by 1.3% year-on-year, estimated to be 1.9%
The US PPI in October increased by 1.3% year-on-year, with an estimated 1.9%, compared to the previous value of 2.2%; The US PPI in October decreased by 0.5% month on month, with an estimated 0.1%, compared to the previous value of 0.5%.
China and the United States Release a Sunshine Hometown Declaration on Strengthening Cooperation to Cope with the Climate Crisis
On November 15th, China and the United States issued a statement on strengthening cooperation to address the climate crisis. China and the United States have decided to launch the "2020s Enhanced Climate Action Working Group" to engage in dialogue and cooperation to accelerate specific climate actions in the 2020s. The working group will focus on the areas of cooperation identified in the joint statement and declaration, including energy transformation, methane, circular economy and resource utilization efficiency, low-carbon and sustainable provinces/states and cities, deforestation, and other mutually agreed themes.
Good news keeps coming! UK CPI hit a two-year low in October and achieved the goal of halving inflation
The latest data released by the Office for National Statistics (ONS) shows that the inflation rate in the UK dropped significantly from 6.7% last month to 4.6% in October, setting a two-year low.
The EU Talks All Night to Determine Methane Emission Limitations: The Big Knife Ends with Imported Energy Merchants
After a night of verbal warfare, the European Union finally launched its own methane emission restriction policy on Wednesday morning. It is noteworthy that international fossil fuel suppliers have also been included in the scope of emission restriction regulations, which will force the world into a new emission reduction scenario. EU member states and negotiators from the European Parliament agreed in overnight negotiations yesterday that starting from 2030, European importers of crude oil, natural gas, and coal must prove that their fuels comply with the EU's methane intensity limits.
Has the Russian oil cap become an international joke? The EU is struggling to come up with a new strategy: Let Denmark "tighten its grip" on shipping routes
With almost no goods worth less than $60 in the sea freight oil exported by Russia in October, the price ceiling set by Western countries for Russian oil since the end of last year has become a major international joke. The EU, which is unwilling to do so, seems to be planning to "find new ways" at the moment
Japan's GDP contracted at an annual rate of 2.1% in the third quarter! The normalization path of monetary policy is "obstructed"
The economic recovery in Japan remains fragile, with the economy shrinking at its fastest annualized rate in two years in the third quarter of July September (the second fiscal quarter), which also provides a reason for the Bank of Japan to continue implementing loose policies.
Company News
Buffett's latest operation exposed! Clearance of General Motors and Activision Blizzard
On November 14th Eastern Time, Berkshire Hathaway, a subsidiary of Warren Buffett, submitted its latest 13F position statement to the Securities and Exchange Commission (SEC). According to the 13F file for the third quarter, Berkshire sold $7 billion worth of stocks and only bought $1.7 billion worth of stocks in the third quarter. The concentration of the top ten holdings reached 91.93%, while Apple remains the largest holding stock, accounting for 50% of total assets. Specifically, Berkshire purchased a total of 4 new stocks, reduced its holdings of 7 stocks, and also cleared 7 stocks in the third quarter. The two most closely watched stocks on the clearance list are Activision Blizzard and General Motors.
Global Top 10 Hedge Funds Q3 US Stock Trends: NVIDIA No longer Popular Tesla Continues to Reduce Holdings
The 13F reports of the world's top ten hedge funds for the third quarter have all been released, and overall, the size of their US stock holdings has generally decreased compared to the previous quarter. According to reports from major hedge funds, technology giants such as Nvidia, Tesla, Microsoft, and Apple have frequently made appearances. Unlike the previous quarter, multiple institutions sold NVIDIA stocks or related derivatives and continued to reduce their holdings in Tesla.
Didn't come up with a pricing strategy? Apple Extends Free Satellite Rescue Service Duration for iPhone 14 Users
On Wednesday evening Beijing time, Apple announced on its official website that it would extend the free trial period of "SOS emergency contact via satellite" for existing iPhone 14 users for an additional year.