Jefferies raises Gilead Sciences (GILD.O) PT to $184 from $180.

China Q3 GDP rose 4.5% YoY. Shenwan Hongyuan chief economist Zhao Wei said the domestic economy will undergo an N-shaped recovery, with Q4 likely characterised by sustained strong exports and marginal domestic-demand repair. September data showed marginal improvement in both external and domestic demand; overall growth is expected to drift modestly higher in Q4. Exports: short-term China‑EU trade disruption is limited; an AI-led capex cycle and a rebound in US imports should support continued high export growth. Investment: developer financing stress will likely continue to weigh on property investment, but faster implementation of existing domestic policy and earlier profit gains should provide lagged support, leaving overall investment on a recovery path in Q4. Consumption: household spending should continue a modest rebound and remain broadly stable.

亞馬遜：投資印第安納州核能項目，目標是爲該州提供近1吉瓦的無碳能源。