【Jin Ten Data Organization: Daily US Stock Market News Brief (November 27, Wednesday)】
Important News
1. The revised annualized quarterly GDP growth rate for the US in Q3 is 2.8%, expected 2.80%, previous value 2.80%.
2. The number of initial unemployment claims in the US for the week ending November 23 is 213,000, expected 216,000, previous value revised from 213,000 to 215,000.
Individual Stock News
1. Dell (DELL.N) stock fell over 12% in pre-market trading, with poor Q3 revenue and Q4 earnings guidance.
2. Pony.ai may go public on NASDAQ tonight, with an offering price set at $13 per ADS, reportedly raising $260 million in an IPO in the US.
3. According to CNBC: OpenAI received $1.5 billion in new investment from SoftBank, allowing employees to sell shares through a tender offer.
4. Global smartphone sales are expected to rebound strongly in 2024, but Apple (AAPL.O) has seen little growth, highlighting the rapid progress of Android-based competitors in China and emerging markets.
5. NetEase Youdao (DAO.N) reported Q3 net revenue of 1.57 billion yuan, a year-on-year increase of 2.2%. Operating profit reached 110 million yuan, marking the first time in history that the company achieved profitability in Q3, with the quarterly profit amount reaching a historical high.
6. Starbucks (SBUX.O) reported poor financial performance, with many employees receiving only 60% of the total bonuses for the company's most recent fiscal year.
7. Sanofi (SNY.O) has received approval for a new clinical trial implicit license for dupilumab injection, intended for the treatment of moderate to severe chronic simple lichen adult patients with poor control using topical medications.
8. HUYA (YY.O) reported Q3 2024 revenue of $558.7 million, down 1.5% from $567.1 million in the same period last year; under non-GAAP, net profit was $61.2 million, a decrease of 24.6% year-on-year.
9. Vietnamese Prime Minister: Will discuss investment in Vietnam with Nvidia (NVDA.O) as soon as possible.
10. The US Federal Communications Commission approved licenses for T-Mobile US (TMUS.O) and SpaceX to supplement communication coverage from space. (Source: Jin Ten Data)