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Overnight News: US stocks closed higher, WTI crude oil rose by 2%, nvidia's stock rebounded and rose, usa auto manufacturers urge Trump to retain electric vehicle tax incentives policy.
For more global financial news, please move to the 24/7 real-time financial news. Market close: US stocks closed higher with the Dow Jones up 460 points, cyclical stocks and small cap stocks rose broadly. On November 21, the top 20 transactions in US stocks: pdd holdings' third-quarter revenue fell short of expectations, leading to a 10.6% drop in stock price. On Thursday, popular china concept stocks experienced mixed results, with taiwan semiconductor rising 1.5% and pdd holdings falling 10.6%. Crude oil in the USA rose 2% on Thursday as the market focused on the developments in the Russia-Ukraine conflict. On Thursday, gold prices increased by 0.7%, returning to the $2670 level, with most gold and silver mining stocks closing higher. Major European stock indices all closed up.
Bank of America Options Spot-On: On November 21st, 141.05K Contracts Were Traded, With 3.16 Million Open Interest
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Banks' Bond Investors Sell as Their Stock Prices Take Flight
Express News | 'Three Bank Of America Bankers In India Depart Over Alleged Client Tips' - Financial Times
Average Rate on a 30-year Mortgage in the US Rises to Highest Level Since July
Bitcoin Hits $98k, Nvidia Falls on Forward Guidance, Google Chrome Break-Up | Live Stock
Bank of America Unusual Options Activity
Full text | Baidu Q3 earnings conference record: expected to release new version Wenzhen early next year
Baidu (Nasdaq: BIDU; HKEX: 9888) released the financial report for the third quarter of 2024 ending on September 30th today: total revenue was 33.6 billion yuan, a 3% year-on-year decrease. The net income attributable to Baidu was 7.6 billion yuan. Using non-US GAAP, the net income attributable to Baidu was 5.9 billion yuan. After the financial report was released, Baidu's Chairman and CEO, Robin Li, President of the Mobile Ecosystem Business Group, Lu Rong, President of the Intelligent Cloud Business Group, Shen Dou, and Acting CFO He Junjie and other executives attended the subsequent earnings conference call to explain the key points of the financial report and answer analysts' questions. The following is the analysis and Q&A section.
Full Text | pdd holdings Q3 Earnings Conference Record: Profitability may have slight fluctuations, prepared for a protracted battle
PDD Holdings (Nasdaq: PDD) released its financial report for the third quarter of 2024 ending on September 30th today: total revenue was 99.3544 billion yuan, a year-on-year increase of 44%. Not following the US Generally Accepted Accounting Principles, the net income was 27.4587 billion yuan, a year-on-year increase of 61%. After the financial report was released, PDD Holdings' Chairman and Co-CEO, Chen Lei, Executive Director and Co-CEO, Zhao Jiazhen, and Vice President of Finance, Liu Jun, attended the subsequent financial report conference call, interpreted the key points of the financial report, and answered questions from analysts. The following is the main content of the analyst Q&A section of this conference call: UBS Group Analyst.