① Tesla ① An annual shareholders' meeting will be held to vote on Musk's $1 trillion compensation plan; ② Will Arm manufacture its own chips? Arm executives: The company focuses on collaborative design with customers; ③ Nissan will sell its headquarters building.
U.S. stock index futures rose slightly on Thursday, after a week of trading on artificial intelligence. Following volatility in the (AI) sector and the US Supreme Court's questioning of the legality of President Trump's tariff policies, market focus has returned to corporate earnings. Major European indices generally declined.
(Source: Investing.com)
With several Supreme Court justices expressing skepticism about the legality of the tariffs at Wednesday's hearing, markets are increasingly confident that the Supreme Court will rule the Trump administration's aggressive trade policies illegal. A final ruling overturning the tariffs could boost U.S. stocks.
AI-related stocks, which had been pressured by overvaluation earlier in the week, began to rebound, helping U.S. stocks rally on Wednesday after all three major indexes fell earlier in the week.
Shirl Penney, CEO of Dynasty Financial Partners, stated, "We are still in the early stages of the AI supercycle, and future capital expenditures will continue to increase, not just limited to the 'Big Seven' tech companies, but also including Charles Schwab." and JPMorgan Chase Large financial institutions will also increase their investment.
Electric vehicle giant Tesla will hold its annual shareholder meeting on Thursday, Eastern Time, where the most important matter will be a vote on CEO Elon Musk's $1 trillion compensation package.
Meanwhile, the U.S. government shutdown has entered a record 37 days. Economists estimate that each week of shutdown reduces the annualized economic growth rate by 0.1 to 0.2 percentage points.
However, several lawmakers expressed optimism that the shutdown would end by the weekend.
Company News
[Will they manufacture their own chips? Arm executive: The company focuses on collaborative design with customers]
On November 5th, Drew Henry, Executive Vice President of Strategy and Ecosystem at Arm, stated at an industry event that Arm is not a chip manufacturer; the company focuses on collaborative design with customers. Therefore, regarding market rumors that Arm will manufacture its own chips, Drew Henry emphasized that Arm prefers to work with customers to jointly create optimized chip designs that meet computing needs.
Samsung Electronics completes acquisition of European ventilation equipment company FlktGroup
On November 6, Samsung Electronics announced the completion of its acquisition of European ventilation equipment company Flkt Group. Samsung Electronics stated that it will leverage Flkt Group's production and sales facilities and global network to develop integrated air conditioning solutions and gradually integrate the products and services of both companies to maximize synergies.
Nissan to sell its headquarters building
Nissan Motor Co. announced on November 6 that it will sell its global headquarters building in Yokohama, Kanagawa Prefecture, for 97 billion yen (approximately 4.5 billion yuan). The building will be leased out after the sale. This sale is reportedly part of Nissan's business restructuring plan.
【 Intel Vice President: AI PC represents another disruptive upgrade for personal computers.
On November 6th, at the 8th Hongqiao International Economic Forum, Intel Vice President Sarah Kemp pointed out that from the initial office automation to the popularization of the Internet, and then to mobile Internet and cloud computing... Computers are not only productivity tools, but also windows connecting the world and creating value. "Now, personal computers are ushering in another disruptive upgrade - AI PCs."
Commerzbank Third-quarter net profit was €591 million.
Commerzbank released its third-quarter financial results on November 6, showing revenue of €2.94 billion and net profit of €591 million. Commerzbank still forecasts full-year net profit of approximately €2.5 billion.
Key events to watch in the US stock market (Beijing time)
November 6
23:00 US October Global Supply Chain Stress Index
November 7
00:00 FOMC permanent voting member and New York Fed President Williams President Trump delivers a speech on diet pills. The object issued a statement
Tesla holds annual shareholder meeting
(Article source: CLS)
