Daily U.S. Stock Market News Briefing (November 5, Tuesday)
Individual Stock News
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Boeing (BA.N) factory workers in the U.S. voted to approve a labor contract, ending the strike. 59% of the striking workers supported the contract approval.
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According to insiders, Apple (AAPL.O) has proposed to invest nearly $10 million to produce more products in Indonesia, as Apple (AAPL.O) seeks to lift the sales ban on its latest iPhone in the country.
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Apple (AAPL.O) is reportedly conducting internal user research to explore entering the smart glasses market.
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NXP Semiconductors (NXPI.O): Expected fourth-quarter revenue is between $3 billion and $3.2 billion, while analysts estimate $3.35 billion.
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Chevron (CVX.N) is considering selling its gas station business in Hong Kong, with an expected valuation of up to $400 million.
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Palantir (PLTR.N) surged 7% in after-hours trading, reporting a 30% year-over-year revenue increase, with U.S. revenue up 44%, and raised its full-year revenue forecast.
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Meta Platforms (META.O) announced that it will allow U.S. government agencies and contractors engaged in national security to use the company's AI model Llama for military purposes.
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As of November 3, Alibaba (BABA.US) subsidiary Taobao's super subsidy order volume has surpassed 100 million orders, a significant increase compared to the same period last year.
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Tesla (TSLA.O): Wages for all employees at the Berlin Gigafactory will increase by 4% starting November 1, 2024.
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Shell (SHEL.N) will begin renovations at Germany's largest refinery next quarter.
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Tesla (TSLA.O) CEO Elon Musk responded to Tesla making phones: Making phones is not something Tesla wants to do, unless Apple and Google start doing something very bad