Express delivery of pre-market news on US stocks.
1. The three major U.S. stock index futures fell together: Dow futures fell by 0.66%, S&P 500 futures fell by 1.11%, and Nasdaq futures fell by 1.51%.
2. European stock market indices fell together: Germany's DAX30 fell by 1.16%, France's CAC40 fell by 1.12%, Euro Stoxx 50 fell by 0.92%, and the UK's FTSE 100 fell by 0.42%.
3. Federal Reserve Governor Milani once again calls for more aggressive interest rate cuts, believing that monetary policy is too restrictive and the neutral interest rate is much lower than the current policy rate.
4. CEOs of Goldman Sachs and Morgan Stanley simultaneously warned that U.S. stock valuations are expensive, expecting a "healthy correction" of over 10% in the next 12-24 months, but emphasized that it is a normal market adjustment.
5. Pfizer's Q3 revenue of $16.65 billion and adjusted earnings per share of $0.87 both exceeded expectations, and the full-year profit guidance for 2025 was raised.
6. Nvidia and Deutsche Telekom plan to invest 1 billion euros to jointly build data centers in Germany to strengthen the infrastructure that can drive complex artificial intelligence systems in Europe.
7. Palantir's Q3 revenue increased by 63% year-on-year, and net profit more than doubled, with the company surpassing expectations for revenue for 21 consecutive quarters and raising performance guidance, but pre-market trading fell by over 7%.
8. Tesla fell by over 2% in pre-market trading, with October China car sales down nearly 10% year-on-year, and the Norwegian Sovereign Wealth Fund publicly opposing Elon Musk's trillion-dollar compensation plan.
9. Starbucks is selling 60% of its Chinese business for $4 billion to private equity firm BY Capital to help develop its local coffee shop business.
10. Yum China rose by over 2% in pre-market trading, with operating profit in Q3 increasing by 8% year-on-year, same-store transactions growing for the 11th consecutive quarter, and a net addition of 536 stores.
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