Key News:
1. According to the US government website, initial jobless claims for the week ending October 18 were 232,000; continuing jobless claims were 1.957 million, an increase from the previous week's 1.947 million.
Stock News:
1. Baidu (BIDU.O): Q3 revenue reached 31.174 billion yuan, exceeding market expectations of 30.87 billion yuan, with core revenue at 24.7 billion yuan.
2. Apple (AAPL.O): The iPhone 17 series drove a 37% increase in its monthly smartphone sales in the Chinese market, regaining its 20% market share.
3. Pinduoduo (PDD.O): Q3 revenue reached 108.28 billion yuan, compared to 99.354 billion yuan in the same period last year; Q3 net profit was 29.33 billion yuan, compared to 24.981 billion yuan in the same period last year.
4. Futu (FUTU.O): Third-quarter total revenue was HK$6.403 billion, a year-on-year increase of 86.3%; under non-GAAP accounting standards, net profit was HK$3.312 billion, a year-on-year increase of 136.9%.
5. Sources: The CEOs of companies including Chevron (CVX.N), Qualcomm (QCOM.O), Cisco (CSCO.O), General Electric, and Pfizer (PFE.N) are expected to attend the US-Saudi Arabia Investment Forum in Washington on November 19.
6. Amazon (AMZN.O) recently launched its first dollar bond issuance in three years, raising $15 billion. Sources indicate that the bond issuance attracted approximately $80 billion in subscription demand, but as financing costs declined, the final order size shrank by nearly half.
