On November 19th local time, Microsoft released Azure AI Foundry, a one-stop AI development platform that allows users to easily switch between large language models that support artificial intelligence. The Azure AI Foundry SDK is now available in Python and C # versions, and a JavaScript version is about to be released. Azure OpenAI services provide access to OpenAI models, including GPT-4o, GPT-4o mini, GPT-4, GPT-4 Turbo with Vision, DALLE-3, Whisper, and Emb ... 阅读全文

On the morning of November 20th, Alibaba announced on the Hong Kong Stock Exchange that it would price $2.65 billion in US dollar denominated senior unsecured notes and RMB 17 billion in RMB denominated senior unsecured notes. Among them, the issuance of US dollar bonds is expected to end on November 26, 2024; The issuance of RMB bonds is expected to end on November 28, 2024. The net proceeds raised will be used for general company purposes, including repaying ov ... 阅读全文

With the disclosure of the US 13F filing, the holdings of global asset management giants as of the end of the third quarter have come to light. From the data point of view, Wall Street institutions have a more consistent view of Alibaba, JD, Pinduoduo and other Chinese Internet leaders. Michael Barry, the "big short", David Tepper, the legendary hedge fund figure, and Soros, the "financial magnate", all increased their holdings of multiple Chinese concept stocks ... 阅读全文

According to the Securities Times, Wal Mart again raised its annual performance forecast, and it is expected that the adjusted earnings per share in the 2025 fiscal year will reach $2.42 to $2.47, higher than the previous forecast. This indicates that the consumption boom in the holiday shopping season will exceed expectations, and Wal Mart's share price rose to a record high.

Recently, it has been reported that after Tesla's Full Self Driving (FSD) enters China, it will authorize SAIC Group to produce Robotaxis (autonomous taxis). This is fake news. Tesla has not previously communicated with SAIC Group or domestic car companies, "Tesla China officials told China Business News on November 19th. Officials from SAIC Group also stated that there is no relevant information. The reporter noticed that Robotaxi is currently expected to be the ... 阅读全文

Faraday Future announced on November 20th that the first batch of FX prototype cars have arrived at FF China headquarters. This batch of vehicles will depart from Beijing and head to FF headquarters in Los Angeles to initiate the product development and testing phase.

Alibaba announced the pricing of $2.65 billion USD denominated senior unsecured notes and RMB 17 billion RMB denominated senior unsecured notes. The issuance of US dollar bonds is expected to end on November 26, 2024; The issuance of RMB bonds is expected to end on November 28, 2024. The net proceeds raised will be used for general company purposes, including repaying overseas debts and repurchasing shares.

With the second interest rate cut by the Federal Reserve this month, the policy outlook for the year-end closing meeting unexpectedly changed significantly last week. The latest data shows that the US economy is resilient and price pressures have increased. The statements of several Federal Reserve officials, including Powell, have also made the future path of easing uncertain. Nomura Securities predicts that the Federal Reserve will remain inactive in December, ... 阅读全文

Global markets: 1. The Dow Jones Industrial Average fell 0.13%, the Nasdaq rose 0.60%, and the S&P rose 0.39%. 2. Tesla has risen by over 5%, while Trump Media Technology has risen by over 16%. 3. The Nasdaq China Golden Dragon Index closed up 1.71%, while Bilibili rose over 4%. 4. International oil prices have risen by over 3%, and international gold prices have risen by over 1%.

The oil and gas industry will suffer! Bank of America warns that Trump's tariff policies may trigger a trade war. Francisco Blanch, a strategist at Bank of America, said that during Donald Trump's presidency, oil and gas prices will fall under the impact of high tariffs.

Supermicro Computer's US stock rose 40% after submitting a compliance plan to NASDAQ.

Overnight US stock market trends diverged, while Chinese concept stocks strengthened. Chinese concept stocks strengthen The US stock market closed with mixed gains and losses, with the Dow Jones Industrial Average falling for the third consecutive trading day, the Nasdaq up 0.6%, and the S&P 500 index up 0.39%. US treasury bond bond yields climbed. This week, the market is paying attention to a batch of important corporate financial reports, including Nvidia, as ... 阅读全文

On November 19th, Xiaopeng Motors announced that its total revenue for the third quarter of 2024 was RMB 10.1 billion, an increase of 18.4% compared to the same period in 2023, and an increase of 24.5% compared to the second quarter of 2024; The gross profit margin is 15.3%, compared to a negative 2.7% in the same period of 2023 and 14.0% in the second quarter of 2024; The net loss was RMB 1.81 billion, compared to RMB 3.89 billion in the same period of 2023 and ... 阅读全文

AI server manufacturer Supermicro Computer gets a chance to breathe! In the night trading of the US stock market, the stock price of Supermicro Computer surged by nearly 50% at one point. As of the time of publication by the Chinese journalist of the securities firm, the company's stock price has still risen by 40%. Earlier, AMD announced that the company had submitted a compliance plan to NASDAQ and hired BDO (Deloitte Touche Tohmatsu) as its independent auditor ... 阅读全文

According to the latest news, CCTV News cited Ukrainian media reports that on November 19th local time, Ukrainian troops used the US Army Tactical Missile System (ATACMS) for the first time to attack a facility in Bryansk Oblast, Russia. Affected by the above news, the price of gold has just risen sharply. As of press time, spot gold has risen 0.83% to $2633 per ounce. Yesterday, due to the rising market risk aversion, spot gold surged nearly 2%. Previously, mult ... 阅读全文

China's leading online brand discount retailer Vipshop has released its Q3 2024 financial report. According to the financial report, Vipshop achieved a net revenue of 20.7 billion yuan (RMB) and a Non GAAP net profit of 1.3 billion yuan in the third quarter. Meanwhile, the GMV for the third quarter was 40.1 billion yuan; The number of active users of Super VIP (SVIP) increased by 11% year-on-year. At the same time, in the third quarter of this year, Vipshop activ ... 阅读全文

Red Star Capital Bureau reported on November 19th that Xiaopeng Motors (09868. HK/XPEV. US) released its financial report for the third quarter of 2024 this evening. During the reporting period, Xiaopeng Motors delivered a total of 46533 vehicles, an increase of 16.3% year-on-year and 54% month on month; The total revenue reached 10.1 billion yuan, a year-on-year increase of 18.4% and a month on month increase of 24.5%. As of press time, Xiaopeng Motors' US stock ... 阅读全文

Barclays Bank has raised its Xiaomi ADR target price from $16 to $24, representing a 25% increase.

Robin Lee, founder of Baidu, said in a speech at the 2024 China 5G+Industrial Internet Conference on the 19th that the "Seconds Da", a code free tool for multi-agent collaborative applications, had been released for less than three days, and more than 5000 enterprises had queued up to apply for testing. In addition, after the release of the L4 end-to-end autonomous driving model, the Apollo 10.0 version of the autonomous driving open platform, which is equipped w ... 阅读全文

On November 19th, an insider from Johnson&Johnson told 21st Century Business Herald that Johnson&Johnson China has started a new round of layoffs, mainly in the surgical department. At present, the surgical business has been greatly impacted by the market, not only by enterprises, but also by the clinical end of hospitals Another former employee of Johnson&Johnson also pointed out to 21st Century Business Herald reporters that there have been layoffs within the c ... 阅读全文