Daily U.S. Stock Market News Briefing (November 5, Tuesday)

USHK News
2024.11.05 13:20

Individual Stock News

  1. 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.

  2. 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.

  3. Apple (AAPL.O) is reportedly conducting internal user research to explore entering the smart glasses market.

  4. NXP Semiconductors (NXPI.O): Expected fourth-quarter revenue is between $3 billion and $3.2 billion, while analysts estimate $3.35 billion.

  5. Chevron (CVX.N) is considering selling its gas station business in Hong Kong, with an expected valuation of up to $400 million.

  6. 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.

  7. 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.

  8. 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.

  9. Tesla (TSLA.O): Wages for all employees at the Berlin Gigafactory will increase by 4% starting November 1, 2024.

  10. Shell (SHEL.N) will begin renovations at Germany's largest refinery next quarter.

  11. 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