Key News:
1. Federal Reserve Governor Milan: The Fed may reach the neutral rate through a series of 50-basis-point rate cuts, but does not need a 75-basis-point cut; the economy is not dysfunctional.
Stock News:
1. Alphabet (GOOG.O), Google's parent company, launches an eight-part dollar bond issuance.
2. Beyond Meat (BYND.O) will delay its Q3 earnings release to quantify an impairment loss.
3. Nvidia (NVDA.O) CEO Jensen Huang has sold over $1 billion worth of stock since June.
4. IREN (IREN.O) and Microsoft (MSFT.O) have reached a $9.7 billion AI cloud contract.
5. According to the Korea Economic Daily: Samsung SDI wins a 3 trillion won order to supply ESS batteries to Tesla (TSLA.O) for three years.
6. Will advanced processes below 5nm rise by at least 3% starting next year? TSMC (TSM.N) responds: Pricing strategy is not opportunity-driven.
7. BioNtech SE (BNTX.O) reported Q3 2025 revenue of €1.52 billion, exceeding market expectations of €960 million and comparing it to €1.245 billion in the same period last year.
8. Berkshire Hathaway A (BRK.A.N) reported Q3 2025 net profit of $30.796 billion, compared to $26.251 billion in the same period last year and exceeding market expectations of $12.73 billion.
9. Eli Lilly (LLY.N): Its Dutch manufacturing facility will participate in the production of the oral GLP-1 drug Orforglipron; it expects to submit a marketing application for this obesity treatment to global regulatory agencies by the end of 2025.
10. Microsoft (MSFT.O) announced a $15.2 billion investment in the UAE. Microsoft (MSFT.O) has obtained export licenses to export advanced NVIDIA (NVDA.O) A100, H100, and H200 GPUs to the UAE.
