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Before the US stock market, the FTSE China ETF, which is three times long, rose by over 10%; Analyst: Trump's return to the White House will release trillion dollar AI valuation for Tesla

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① As of press time, Dow Jones futures rose 0.19%, S&P 500 futures rose 0.14%, and Nasdaq futures rose 0.18%. The US stock market's Chinese asset ETF rose in advance. As of the press release, the triple long China ETF rose 10.13%, and the Chinese large cap ETF KraneShares China's overseas Internet ETF rose nearly 4%.
② As of press time, Qualcomm rose over 6% in pre-market trading, with last quarter's profit increasing by over 30% and this quarter's guidance crushing expectations. On the news front, the company's Q3 non GAAP adjusted operating revenue was $10.244 billion, a year-on-year increase of 19%, and analysts expected $9.91 billion; Q4 revenue is expected to be between $10.5 billion and $11.3 billion, with analysts expecting $10.54 billion. In addition, the board of directors approved a new $15 billion stock repurchase plan.
③ Goldman Sachs: Reaffirm Nvidia's' buy 'rating, expecting positive earnings per share correction to boost stock price. Goldman Sachs released a report stating that before Nvidia disclosed its third quarter results, the bank reiterated its' buy' rating and included it in the 'buy with confidence' list. Although the first quarter performance disclosed by the bank in April next year will be the truly breakthrough quarter, it is expected that Blackwell's advancement and improvement in supply side conditions will bring significant positive adjustments to earnings per share.
④ JPMorgan Chase now expects the Federal Reserve to cut interest rates quarterly after the December policy meeting. The bank released a report on Thursday stating that it expects the Fed to cut interest rates quarterly after the December policy meeting until the federal funds rate reaches 3.5%.
⑤ Wedbush: Trump's return to the White House will release a trillion dollar AI valuation for Tesla. Wedbush analyst Dan Ives predicts that although the broader electric vehicle industry may face potential resistance, Tesla's AI plan could make significant progress during Trump's presidency. Ives predicts that Trump's return to the White House could greatly boost Tesla's AI ambitions, potentially unleashing a "$1 trillion incremental AI valuation" for the electric car manufacturer in the coming years.
⑥ On November 5th, Tesla, a US electric car manufacturer, announced that it has raised the salaries of all employees at its German Gigafactory located in Gruenheide, a suburb of Berlin, by 4% since early November. A month ago, Tesla announced that it would provide permanent job positions for 500 temporary employees in the area starting from November 1st.
⑦ On the 6th local time, after Trump secured his victory in the 2024 US presidential election, CEOs of tech giants such as Meta, Apple, and Google congratulated him and expressed their desire to collaborate with him.
⑧ On the morning of November 6th, local time, a wildfire broke out in Somis, about 64 kilometers northwest of Los Angeles, California. The strong winds of up to 130 kilometers per hour caused the wildfire to spread to about 4 square kilometers of land and burn down farmland within a few hours.
⑨ At 21:30 Beijing time, the number of initial unemployment claims for the week of November 2nd in the United States; On November 8th at 03:00 Beijing time, the Federal Reserve FOMC announced its interest rate decision; On November 8th at 03:30 Beijing time, Federal Reserve Chairman Powell held a press conference.
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