On November 18th, it was learned from the cross-border e-commerce platform Amazon that the "2024 Amazon Global Store Opening Cross border Summit" will be held in Nanjing, Jiangsu from December 9th to 12th. This is the tenth consecutive year that Amazon has held this event in China for its global store opening. The reporter learned that this summit will be themed "High quality Going Global, Innovative Chain for the Future", attracting tens of thousands of overseas ... 阅读全文

On November 19th, FinTech Group (NYSE: FINV) released its unaudited financial report for the third quarter of 2024. The company achieved a revenue of 3.276 billion yuan (RMB) in the third quarter, a year-on-year increase of 2.5%; Net profit was 624 million yuan, a year-on-year increase of 8.6%. The transaction volume for the quarter was nearly 52.2 billion yuan, a year-on-year increase of 1.8%; The loan balance was 68.1 billion yuan, a year-on-year increase of 3. ... 阅读全文

The innovative pharmaceutical company Zaiding Pharmaceutical (09688, ZLAB), which has been continuously losing money, has once again reached out to the market for money. On November 15th, Zaiding Pharmaceutical announced its plan to issue 7.84 million American Depositary Shares, representing 78.43 million related shares, at a price of $25.5 per share. This offering is expected to be delivered on November 18, 2024. Assuming all options are exercised, it will incre ... 阅读全文

On November 19th, it was reported that a senior antitrust official from the US Department of Justice has decided to request a judge to order Google to sell its Chrome browser. Insiders say that antitrust enforcement agencies hope that judges will order Google to sell Chrome, the world's most widely used browser, as it is a key access point for many people using search engines. Insiders also stated that antitrust officials have abandoned a more stringent option, w ... 阅读全文

On November 18th, the US listed company Yihang Intelligent announced its third quarter performance. The company's revenue in the third quarter reached 128 million yuan (RMB), a year-on-year increase of 347.8%, setting a new historical high. In the third quarter, the sales and delivery volume of EH216 series unmanned aerial vehicles reached 63 units, setting a new record for single quarter delivery volume in the company's history. The delivery volume of EH216 seri ... 阅读全文

On November 19th, Nvidia announced that it is partnering with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by Nvidia's CUDA-Q platform.

On November 19th, it was reported that Amazon is discussing cooperation with some companies to launch an upgraded version of Alexa. An internal document shows that the considered partners include ride hailing company Uber, ticketing company Ticketmaster, and grocery delivery company Instacart. （Business Insider）

Caixin News Agency, November 19th - Yikatong Technology (ECX) announced that the company has signed a component procurement and research and development service agreement with Geely Automobile. The signing of this agreement aims to strengthen cooperation between both parties in the field of automotive electronics, enhance product research and development efficiency, and improve market competitiveness. The announcement did not mention specific financial data or am ... 阅读全文

On November 18, the official account of Google Cloud Service reported that Yin Shiming, former vice president of Baidu, joined Google Cloud as president of Greater China. According to Google Cloud, as more and more enterprises leverage Google Cloud's open, secure, and integrated technology stack to expand their global business, Yin Shiming will lead relevant regional business development teams to help users and partners fully utilize the capabilities of cloud and ... 阅读全文

It is reported that Apple will allocate $100 million to lift the iPhone sales ban in Indonesia.

As part of a large-scale layoff plan, Boeing will lay off over 2500 employees in Washington, Oregon, South Carolina, and Missouri in the United States. This layoff affects engineers, technicians, and non union employees.

On November 19th, the US stock market of Supermicro Computer rose 40% after submitting a compliance plan to NASDAQ.

On November 19th, Ctrip Group announced on the Hong Kong Stock Exchange that its net operating revenue for the third quarter of 2024 was 15.9 billion yuan, a year-on-year increase of 16%, mainly due to the increasingly strong demand for tourism. Net operating income increased by 24% month on month, mainly due to seasonal factors. The net profit attributable to Ctrip Group shareholders in the third quarter was 6.8 billion yuan, compared to 4.6 billion yuan in the ... 阅读全文

On November 18th Eastern Time, the US stock market closed with mixed gains and losses, and the Dow Jones Industrial Average closed down for the third consecutive trading day. The Nasdaq Golden Dragon China Index rose. The US stock market BAKKT surged 162.37%, triggering circuit breakers five times during trading. In terms of commodities, WTI crude oil prices have risen, and gold prices have seen their largest increase since August. The three major stock indexes ... 阅读全文

Red Star Capital Bureau reported on November 18th that there have been reports of layoffs in multiple product lines of Johnson&Johnson China recently. The laid-off employee who has been working at Johnson&Johnson for 8 years told Red Star Capital today that this layoff involves multiple departments, with the surgical department having more layoffs. Employees under 3 years old will receive N+1 compensation, employees between 3 and 6 years old will receive N+2 comp ... 阅读全文

On November 14th, Disney released its Q4 and full year financial report for the 2024 fiscal year, showing a revenue of $22.6 billion, a year-on-year increase of 6%; The annual revenue was 91.4 billion US dollars, a year-on-year increase of 3%. Diluted earnings per share (EPS) for the fourth quarter were $0.25, a year-on-year increase of 79%; Diluted earnings per share for the year increased from $1.29 in the same period last year to $2.72. The financial report sh ... 阅读全文

At the end of 2022, ChatGPT, a chatbot capable of freely and deeply conversing with humans, will ignite a hot wave of generative AI worldwide upon its release. As early as 2013, Baidu established a deep learning laboratory, which was the earliest enterprise in China to enter the AI field, ahead of other peers. On November 12, when delivering a speech at the 2024 Baidu World Congress, Robin Lee, the founder of Baidu, raised a realistic question: "Objectively speak ... 阅读全文

On November 17, the "2024 Great Bay Area Science Forum - Artificial Intelligence Sub Forum and the Fifth China (Guangdong) Artificial Intelligence Summit Forum" was held in Nansha, Guangzhou. Wu Tian, vice president of Baidu Group and deputy director of the National Engineering Research Center for Deep Learning Technology and Application, shared the latest progress of current artificial intelligence technology and industrial application from the perspective of in ... 阅读全文

In the field of autonomous driving, there is big news! According to Bloomberg, the team of President elect Trump of the United States plans to seek to relax the US regulations on autonomous vehicle. Insiders have revealed that the Trump team is seeking leaders for the US Department of Transportation to develop a regulatory framework for autonomous driving. If the new regulations make fully autonomous vehicles possible, then Tesla CEO Musk will directly benefit. A ... 阅读全文

According to Caixin News Agency, Tesla China responded to reporters today that the news of discussing two rounds of FSD authorization with SAIC is not true and has not communicated with domestic car companies. The day before, there were rumors in the market that Tesla's Full Self Driving (FSD) would authorize SAIC to do Robotaxi after entering China. Tesla had already communicated with SAIC for two rounds, and Geely had also communicated, but the final conclusion ... 阅读全文