Daily Express of U.S. Stock Market News (Thursday, October 17)

Important News

1. The European Central Bank announced a 25 basis point rate cut, in line with market expectations.
2. The number of initial jobless claims in the United States last week was 241,000, lower than expected.
3. Retail sales in the United States in September recorded a 0.4% monthly rate, slightly higher than expected.

Stock News

1. Intel (INTC.O) responded to being named in China for "frequent security vulnerability issues": will communicate with relevant departments to clarify related questions.
2. Meta Platforms (META.O) is laying off employees in departments such as Instagram, WhatsApp, and Reality Labs.
3. Travel booking website Expedia (EXPE.O) rose nearly 7% in pre-market trading, with Uber (UBER.N) considering acquiring the company.
4. Alcoa (AA.N) turned a loss into a profit in Q3, with EPS significantly exceeding expectations.
5. TSMC (TSM.N) reported a net profit of 325.3 billion New Taiwan Dollars in Q3, a 54% increase.
6. Nokia (NOK.N) had sales of 4.326 billion euros in Q3, an 8% year-on-year decrease.
7. Nokia (NOK.N) is advancing its cost-cutting plan and has cut nearly 2,000 employees in the Greater China region.
8. Netflix (NFLX.O) is set to release its Q3 financial report, with market expectations of a 33% year-on-year increase in net profit.
9. Blackstone Group (BX.N) reported a 5.5% year-on-year profit increase in Q3, exceeding expectations, with the credit department becoming the largest business in terms of company asset size.
10. Pony.ai is reportedly seeking an investment of no more than $300 million in its U.S. IPO, with plans to go public as early as this week