On November 14th, Beijing time, China's leading local instant retail and delivery platform, Dada Group (DADA), released its third quarter 2024 performance report, showing sustained high-quality business growth and continuous improvement in profitability. In the third quarter, the monthly average number of users and orders placed by JD.com on the JD.com app continued to grow rapidly, with year-on-year growth rates exceeding 100%. The penetration rate of "Instant D ... 阅读全文

According to a research report by Everbright Securities, Yum! China achieved a revenue of 3.07 billion US dollars in the third quarter of 2024, a year-on-year increase of 5%; Achieve a net profit attributable to the parent company of 297 million US dollars, a year-on-year increase of 22%. 1) The decline in same store sales in the third quarter narrowed compared to the previous quarter, gradually increasing the proportion of new store franchises. 2) The profit mar ... 阅读全文

Amazon launches a new low-priced product section, Amazon Haul, on its app and website, focusing on products priced under $20, hoping to resist the increasingly fierce competition from Temu and Shein. Amazon stated that the service called Amazon Haul will be launched in beta form on Wednesday and will be available to US customers.

On November 13th, the Central Social Insurance Medical Agreement, a consulting agency of the Japanese Ministry of Health, Labour and Welfare, approved the official pricing of the new Alzheimer's disease drug "Donanemab". The annual treatment cost for a patient (assuming a weight of 50 kilograms) is approximately 3.08 million yen (about 143000 yuan). Starting from the 20th, public insurance will be applicable. The drug was developed by the American pharmaceutical ... 阅读全文

Former Federal Reserve official warns: Don't expect four interest rate cuts next year! "Former Cleveland Fed Chair Loretta Mester said that if the global tariffs proposed by US President elect Trump come into effect, the Fed's interest rate cuts next year may be less than previously expected. On Tuesday (November 12th) local time, Mester said at an event in London that as the new Republican government advances its fiscal plan, the outlook for the Federal Reserve ... 阅读全文

Global markets: 1. The Dow Jones Industrial Average fell nearly 1%, the Nasdaq fell 0.09%, and the S&P fell 0.29%. 2. Tesla fell over 6%, while Nvidia rose over 2%. 3. The Nasdaq China Golden Dragon Index closed down 4.45%, Xiaopeng Motors fell over 10%, and NIO fell over 9%.

Can the Federal Reserve cut interest rates next month? The key test tonight is here. As the first heavyweight data after the US election, the upcoming US October CPI report at 21:30 Beijing time on Wednesday evening may have a critical impact on the Fed's future policy path. And this has also made some Wall Street people start to ponder whether the next market trading trend will gradually shift from the glorious "Trump trades" of the past week to the interest rat ... 阅读全文

Gold prices have plummeted again! After a significant drop in international gold prices on November 6th, international spot gold continued to decline on the 12th, falling to $2590.30 per ounce during trading. At the same time, the retail prices of domestic gold and foot gold also fell in response. Chow Sang Sang quoted 788 yuan per gram, a drop of 14 yuan overnight from 802 yuan per gram the previous day. What is the reason for the continuous decline in gold pric ... 阅读全文

On November 12th, after the price of Bitcoin broke through $90000, it suddenly plunged, dropping nearly $5000 in just three hours. In the past 24 hours, over 270000 people have liquidated their positions.

Insight into the New Trends of "Double 11" E-commerce Platforms: Reshaping User Experience Platforms for Win Win Collaboration: The 2024 "Double 11" E-commerce Promotion is the "earliest" and "longest front line" in history. Star Map data monitoring shows that from the start date of major promotions on various platforms until 23:59 on November 11th, the cumulative sales of comprehensive e-commerce platforms and live streaming e-commerce platforms reached 1441.8 b ... 阅读全文

Recently, Apple has been rumored to enter new businesses. Renowned Apple analyst Guo Mingchi stated in a post that Apple expects to officially mass produce smart home network cameras (IP cameras) in 2026. This news has attracted high market attention, and the stock price of GoerTek (002241. SZ), rumored to be the exclusive assembly supplier for the production line, has also risen sharply. Liu Dayong, a senior analyst at Sigmientell's semiconductor division, told ... 阅读全文

On November 13th, US real estate concept stocks showed a straight upward trend before the market opened. Among them, the stock price of Fangduoduo once rose by more than 30%, and the stock price of Beike once rose by more than 9%. The main business of both companies includes real estate brokerage. On that day, multiple new tax policies were introduced in China to support the development of the real estate market. From the perspective of real estate brokerage busi ... 阅读全文

What should I do if I encounter improper demands when applying for a job? Timely leave evidence and report. Due to the asymmetry of status, power, and information, it is common for recruiters to use their advantageous position to make unfair demands on job seekers during recruitment. The popularity of online recruitment has exposed more and more bad habits of offline recruitment to the sunlight, and also increased the possibility of various parties governing such ... 阅读全文

Citigroup has raised its target price for Nvidia from $150 to $170.

According to the National Highway Traffic Safety Administration of the United States, General Motors is recalling 461839 American cars due to transmission valve failure causing rear wheel lock up.

Tesla is recalling 2431 Cybertrucks in the United States. The National Highway Traffic Safety Administration (NHTSA) announced on November 13th that Tesla will recall a total of 2431 2024 Cybertruck vehicles due to a drive inverter malfunction that could cause the wheels to lose power.

According to Alibaba Cloud, the Alibaba Cloud Tongyi Qianwen Code Model Team has officially opened sourced the entire series of Qwen2.5-Coder models, consisting of six Qwen2.5-Coder models. This open source release offers a full range of models in six sizes, including 0.5B/1.5B/3B/7B/14B/32B, with Base and Instruction models open sourced for each size.

The Ministry of Finance, the State Administration of Taxation, and the Ministry of Housing and Urban Rural Development have issued a notice on tax policies to promote the stable and healthy development of the real estate market, clarifying multiple tax preferential policies to support the development of the real estate market. The announcement clearly states that we will increase the preferential treatment of deed tax in housing transactions and actively support ... 阅读全文

On November 13th, a reporter from the New Beijing News learned from Hai Di Lao that their grilled skewer brand, Bar Becue, has recently landed in Wuxi. This brand integrates barbecue, drinking, and socializing, and is the first grilled skewer brand under Haidilao. In the future, its layout will choose new first and second tier cities. At present, Hai Di Lao has incubated sub brands such as Yan Please Barbecue Shop, Xiao Hi Love Fry, Xiao Hi Hot Pot, and Miao Seni ... 阅读全文

The world's first! NVIDIA and SoftBank trial run "AI+5G" telecom industry sees major breakthrough. "AI leader" NVIDIA and SoftBank Group's telecom division SoftBank announced on Wednesday that the two companies have already trial run the world's first artificial intelligence (AI) and 5G telecom network.