Wallstreetcn
2024.10.08 12:48

Global headlines you need to know before Tuesday's US stock market opens

CCTV News: During the 2024 National Day holiday, there were 765 million domestic trips in China, with a total expenditure exceeding 700 billion yuan, an increase of 7.9% compared to the same period in 2019. Fed's No. 3: The U.S. economy is ready for a "soft landing," supporting a 25 basis point rate cut in November. ECB board member Nagel expressed an open attitude towards a rate cut in October. The 2024 Nobel Prize in Physics was announced, with two machine learning scientists winning. AI chip competition lags behind, Samsung's Q3 operating profit fell by 12.8% QoQ! Chip leader makes rare apology. Hon Hai: Demand for Blackwell chips is too crazy, and the world's largest GB200 factory is being built, with shipments expected in the fourth quarter. Tencent Holdings repurchased a total of HKD 88.26 billion in the first three quarters, reaching a historical high for the same period. Baidu announced a new round of cadre rotation, with Senior Vice President Jackson He Junjie rotating to serve as acting CFO. PepsiCo's pre-market trading in the U.S. fell more than 1% at one point, with third-quarter net revenue of $23.32 billion. "Metaverse's No. 1 stock" Roblox fell more than 9% in pre-market trading, with short-selling institution Xingdengbao stating that it has shorted Roblox. Nikkei 225 index fell by 1%; Shanghai Composite Index rose by 4.59%; Hang Seng Index fell by 9.41%