Express Delivery of Pre-market News of US Stock Market.
1. The futures of the three major stock indexes in the US all fell: 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 indexes all fell: Germany's DAX30 fell by 1.16%, France's CAC40 fell by 1.12%, Europe's Stoxx 50 fell by 0.92%, and the UK's FTSE 100 fell by 0.42%.
3. Federal Reserve Board member Milan once again called for more aggressive interest rate cuts, believing that the monetary policy is too restrictive and the neutral interest rate is far lower than the current policy rate.
4. CEOs of Goldman Sachs and Morgan Stanley warned simultaneously that US stock valuations are expensive and predicted a "healthy correction" of over 10% within 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 company raised its full-year profit guidance for 2025.
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 revenue expectations for 21 consecutive quarters and raising performance guidance. However, the stock fell by over 7% before market open.
8. Tesla fell by over 2% before market open, with October's car sales in China dropping by nearly 10% year-on-year, and Norway's sovereign wealth fund openly opposing Elon Musk's trillion-dollar compensation plan.
9. Starbucks priced its Chinese business at $4 billion and sold 60% of its shares to private equity firm Bowoo Capital to help develop its local coffee shop business.
10. Yum China rose by over 2% before market open, with the company's 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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