On November 22, local time, Stellantis announced on its official website that the company and Dongfeng Motor (Hong Kong) International Co., Ltd., a subsidiary of Dongfeng Motor Group Co., Ltd., have confirmed that they have executed a transaction in which Stellantis repurchased 50 million ordinary shares from Dongfeng Company (accounting for 1.58% of Stellantis' share capital before cancellation), The total consideration is 934 million euros. Stellantis plans to ... 阅读全文

On November 22, Mo Elshenawy, the new co president of Cruise, GM's autonomous vehicle division, told employees in an email that Cruise planned to re launch its robot taxi service after a safety accident, but the service site would be narrowed to a city, and the plan to launch Origin, an autonomous taxi made by GM, would be shelved. Mo Elshenawy said, "Our strategy is to restart in one city, prove our performance there, and then expand." Cruise has previously oper ... 阅读全文

On November 22, local time, according to the Securities and Exchange Commission (SEC) documents, Christopher K Cox, Chief Product Officer of Meta Platforms, sold 10000 shares of the company on November 20, totaling approximately $3.4 million; Chief Legal Officer Newstead Jennifer sold 566 shares of the company on November 21, totaling approximately $190000.

On Wednesday local time, US bond yields fell to a 2-month low, while the three major US stock indices closed slightly higher. As of the close, the Dow rose 184.74 points, or 0.53%, to 35273.03 points; The S&P 500 index rose 18.43 points, or 0.41%, to 4556.62 points; The Nasdaq rose 65.88 points, or 0.46%, to 14265.86. In terms of sectors, US technology stocks rose generally, with Microsoft's stock price reaching a new closing high of $377.85, an increase of 1.28% ... 阅读全文

On November 23rd, Baishi Group released its performance report for the third quarter of 2023. According to financial report data, in the third quarter, the group's revenue increased by 9.7% year-on-year to RMB 2.23 billion, with a year-on-year increase of 4.2 percentage points in gross profit margin and a gross profit of RMB 51.8 million. As of the end of the quarter, the group's cash and cash equivalents, restricted cash, and short-term investments amounted to 2 ... 阅读全文

On November 22nd local time, Boeing announced that the Federal Aviation Administration (FAA) of the United States has approved its certification flight testing of the 737 MAX 10 aircraft model. Mike Fleming, Vice President of Commercial Aircraft Development at Boeing, said, "This is an important milestone and we are committed to obtaining certification for the 737-10 (the largest model in the 737 MAX family) to enter the passenger services of global operators

Jack Ma has not sold a single share, "said Jiang Fang, a partner and chief talent officer of Alibaba Group, in response to recent rumors that founder Jack Ma has sold a huge amount of Alibaba (NYSE: BABA; HKEX: 9988) stocks on the Alibaba intranet today. As long as we have an open mindset and innovative thinking, we have the opportunity to create another unique Alibaba. "Alibaba Group Chairman Cai Chongxin also supported Jiang Fang in refuting the rumor. Alibaba ... 阅读全文

On November 21st, Baidu released its third quarter financial report, which showed a revenue of 34.447 billion yuan in the third quarter, a year-on-year increase of 6%; The net profit attributable to Baidu is 6.7 billion yuan; According to non US GAAP, the net profit attributable to Baidu was 7.3 billion yuan, a year-on-year increase of 23%. This year's big model has received widespread attention, and Baidu's Wenxin big model has also attracted attention. Baidu ha ... 阅读全文

On November 21st, iQiyi (NASDAQ: IQ) released its unaudited third quarter financial report as of September 30th. According to financial report data, iQiyi's total revenue in the third quarter was 8 billion yuan, a year-on-year increase of 7%. The revenue of membership services was 5 billion yuan, a year-on-year increase of 19%. The daily average number of subscribed members was 107.5 million, a year-on-year increase of 6%, and the monthly average single member in ... 阅读全文

Mizuho has raised the Nvidia target price from $590 to $625.

On November 22nd, Jiayin Jinke released its unaudited financial report for the third quarter of 2023, and announced that the company's brand name had been officially upgraded to "Jiayin Technology". According to the financial report, Jiayin Technology facilitated a transaction amount of approximately 24.2 billion yuan in the third quarter, a year-on-year increase of 62.4%; Realized a revenue of approximately 1.466 billion yuan, a year-on-year increase of 64.0%; R ... 阅读全文

On November 22nd, Baozun E-commerce released its financial report for the third quarter of 2023. According to the financial report, Baozun's net income in the third quarter of 2023 was 1.8 billion yuan, a year-on-year increase of 5%. The GMV generated by non Tmall platforms and channels accounted for approximately 40.2% of the total in this quarter. At the same time, Baozun E-Commerce announced that it had reached a strategic acquisition intention with Tiktok Gar ... 阅读全文

On November 22nd, Dai Yibo, the head of tomato novel IP derivative, and Chen Xiao, the senior vice president of iQiyi, jointly announced at the tomato novel creator conference that tomato novel will work together with iQiyi to actively promote the IP adaptation of high-quality works. At the Tomato Novel Creator Conference held on November 22nd, Tomato Novel released the "Heguang Plan" and officially announced the establishment of two major brands, "Tomato Film an ... 阅读全文

Bank of America has raised NVIDIA's target price from $650 to $700.

Goldman Sachs: Hedge fund shareholding concentration has reached a historic high. Goldman Sachs said in a report on Tuesday that as asset management companies increase their bets on the "tech seven" in the US stock market, hedge fund shareholding concentration has reached its highest level in history. The impressive performance of the "Technology Seven" since the beginning of this year has significantly boosted the investment portfolio returns of these hedge fund ...

Recently, SHEIN was revealed to have secretly submitted a statement for an IPO in the United States, with a valuation of up to $90 billion. Similar to previous rumors of response, SHEIN officials have "temporarily no response" or expressed "not very clear" to the public. To reduce unnecessary interference in IPOs, secret trading is common in US stocks, which is also a silent measure taken by companies to protect themselves, "a head of an investment bank specializ ... 阅读全文

[Sam Ultraman will return to OpenAI as CEO] OpenAI stated that it has been agreed in principle that Sam Ultraman will resume his CEO position and return to OpenAI as CEO.

Famous Apple analyst Guo Mingxuan continues to push for periscope lenses. In the latest market research newsletter, Guo Mingyi stated that looking forward to 2024, the fastest shipping brands of smartphones equipped with periscope cameras globally are Apple and Huawei. According to his prediction, the shipment volume of models equipped with periscope cameras by these two top mobile phone brands will double. Guo Mingqian believes that the yield of the iPhone 15 Pr ... 阅读全文

The once sensational "Roof Protection" incident among female car owners at the Tesla Shanghai Auto Show has followed. On November 22nd, relevant sources from Tesla China told Shanghai Securities News reporters that recently, Tesla sued the "Shanghai Auto Show Incident" for infringement of the reputation rights of female car owners in Xi'an. The court made a first instance judgment, determining that Ms. Li's reputation infringement responsibility in Xi'an was esta ... 阅读全文

On November 22nd, it was reported that in response to recent rumors of Jack Ma selling a huge amount of Alibaba stock, Alibaba Group Partner and Chief Talent Officer Jiang Fang posted on the Alibaba intranet today, stating, "Jack Ma has not sold a single share." Chairman Cai Chongxin also posted, saying, "As long as we have an open mind and innovative thinking, we have the opportunity to create another unique Alibaba Recently, the US Stock Exchange released a lon ... 阅读全文