A股文化傳媒概念震盪走低，新華傳媒、引力傳媒跌停，果麥文化、兆訊傳媒、開普雲、恆大高新均跌超10%。

SpaceX reported Q3 net income of $4.4 billion versus $1.88 billion expected and revenue up 161% YoY, sending shares as much as 12.4% higher intraday on Wednesday. Despite the beat, the company said it will continue heavy investment, prompting market concern over larger future borrowing. The 6.6% bond due 2046 widened 9bps to a 264bps spread; the five-year CDS rose to 232.6bps, marking multiple fresh highs this month. CFO Brett Johnson said SpaceX will prioritize compute capacity for its super-intelligence unit and investment in Starlink broadband and mobile, and is in talks with multiple debt providers. The company issued $25 billion of bonds in June and has been reported to be seeking about $40 billion of financing to buy NVIDIA chips. Johnson said SpaceX plans to maintain an investment-grade rating.

伯恩斯坦：將IBM目標價從230美元上調至250美元。