【Jin Shi Data Organization: Daily US Stock Market News Brief (December 4, Wednesday)】
Important News
1. The US ADP employment number increased by 146,000 in November, less than market expectations.
Individual Stock News
2. Gilead Sciences (GILD.O) collaborates with Tubulis to jointly develop antibody-drug conjugates targeting solid tumors.
3. Merck (MRK.N)/Korean Biologics ADC therapy receives breakthrough therapy designation from the FDA for treating non-small cell lung cancer.
4. Rio Tinto (RIO.N) sells a 30% stake in the Winu copper mine in Australia to Sumitomo for $399 million.
5. Google Cloud collaborates with Air France-KLM to develop generative artificial intelligence technology.
6. Apple (AAPL.O) stock hits a new high; analysts expect market value to reach $4 trillion next year.
7. World Advanced and NXP Semiconductors (NXPI.O) break ground on a joint venture wafer fab in Singapore, expected to start production in 2027.
8. Microsoft (MSFT.O) accuses the US Federal Trade Commission (FTC) of leaking information about its antitrust investigation.
9. Eli Lilly (LLY.N) weight loss drug Zepbound surpasses Novo Nordisk's Wegovy in its first comparative trial.
10. Stellantis (STLA.N) denies that former Apple CFO will become the new CEO of Stellantis.
11. Salesforce (CRM.N) Q3 revenue for FY2025 is $9.44 billion, up 8.3% year-over-year, exceeding market expectations. (Source: Jin Shi Data)