Express News | Salesforce shares surge 10% in post-market trading after Q3 sales beat.
Vanguard warns: The AI boom on Wall Street is facing a pullback.
Vanguard economist Joe Davis stated that the market has overestimated the short-term potential of AI technology, with current valuation levels approaching those of 1997, increasing the risk of a stock price "pullback". It is difficult to determine the timing of the pullback, and it is unknown whether it will start in 2025.
Microsoft is under antitrust investigation, and OpenAI is caught in the crossfire.
Media reports that officials from the Federal Trade Commission (FTC) in the USA are asking Microsoft's competitors about the impact of Microsoft's transactions and product range in the AI field, specifically the trade between Microsoft and OpenAI. This transaction allows Microsoft to have exclusive authorization to run OpenAI models on its cloud servers.
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
CRM in Charts: Subscription and Support Revenue Climbs 9.1% Y/Y
Salesforce Climbs Despite Mixed Q3 Results as Agentforce Gains Ground
Marvell Pops as AI Helps Spur Strong Q3 Results, Guidance
Fresh Closing Highs from S&P 500 and Nasdaq | Wall Street Today
Salesforce Raises Low End Of Full Year FY25 Revenue Guidance to $37.8B-$38.0B, Up 8%- 9% Y/Y
Salesforce Earnings Review: Q3 Summary
Salesforce Non-GAAP EPS of $2.41 Misses by $0.04, Revenue of $9.44B Beats by $90M
Amazon Stock Moves Higher As AWS Unveils New AI Advancements: What You Need To Know
Nebius Surges as Citron Pounds the Table, Says CEO Is 'the Real Deal'
Stocks With Improving and Deteriorating 'TechniGrade' by Piper Sandler
Michael Saylor Says Microsoft Could Add $4 Trillion In Valuation By Investing In Bitcoin
Apple's Multi-Year iPhone Cycle And App Store Dynamics Are Growth Catalysts: Analyst
The Top 20 Technology Stocks Ranked by Quant
Amazon Unveils Trainium3 Chip, Building Trainium2 UltraCluster With Anthropic
Chips Mixed as Investors Digest Intel CEO Departure, Await Marvell Earnings