JD's official WeChat account announced that as of 23:59 on November 11, 2024, the number of shopping users on JD.com 11.11 has increased by over 20% year-on-year, and the number of live streaming orders for JD's procurement and sales has increased by 3.8 times year-on-year. The transaction volume of over 17000 brands increased by more than 5 times year-on-year, and the transaction volume of over 30000 small and medium-sized businesses increased by more than 2 tim ... 阅读全文

Tesla's stock closed up nearly 9% on November 11th local time. According to Forbes Rich List data, the CEO and world's richest man Elon Musk's total assets increased by $16.2 billion in a single day, reaching $320.2 billion, significantly ahead of Oracle Chairman Larry Ellison's $231.8 billion.

The hawkish representative of the Federal Open Market Committee (FOMC) and Minneapolis Fed Chairman Neel Kashkari said on Sunday that if President elect Donald Trump's tariff policies trigger a backlash from global trading partners, it may exacerbate long-term inflation. He stated on a program that a one-time tariff "will not have a long-term impact on inflation".

On November 11th, Foreign Ministry spokesperson Lin Jian presided over a regular press conference. Bloomberg reporter asked, according to US media reports, Republican members of the US House of Representatives are working on a bill that may cancel China's permanent normal trade relations status. What is the comment of the Ministry of Foreign Affairs on this? Lin Jian stated that according to the agreement reached between China and the United States on China's acc ... 阅读全文

What insights does the emergence of AI applications in the US stock market bring to A-shares? Driven by the unexpected performance in Q3 2024 and the expectation of AI empowerment, the stock price of US listed company AppLovin surged by 72% to $290 in the last two trading days of last week, and its market value once exceeded the $100 billion mark. The cumulative increase of the stock since the beginning of the year has reached 627%, far exceeding Nvidia's 206% in ... 阅读全文

Canadian Goose, a high-end down jacket brand, recently released its Q2 2025 fiscal year performance report. In the three months ending September 29, 2024, sales decreased by 4.7% year-on-year to CAD 268 million (approximately RMB 1.384 billion), with direct sales and wholesale sales decreasing by 5% and 15.2% respectively to CAD 104 million and CAD 137 million. As a comparison, the sales of Moncler Group in the third quarter of 2024 as of September 30 decreased b ... 阅读全文

Indonesian tech giant GoTo: Signing agreements with Tencent Cloud and Alibaba Cloud to promote Indonesia's cloud infrastructure and digital talent development. Indonesian tech giant GoTo announced on November 10th that signing agreements with Tencent Cloud and Alibaba Cloud will promote Indonesia's cloud infrastructure and digital talent development. According to the statement, Tencent Cloud has committed to investing approximately $500 million in Indonesia by 20 ... 阅读全文

On November 11th, Tesla rose more than 7% before the US stock market, and its stock price reached a new high in two and a half years. Last week, Tesla's stock price had risen for four consecutive trading days, rising $72.24 that week, a staggering 29% increase. The biggest beneficiary of the stock price increase is undoubtedly Tesla CEO Elon Musk, while hedge funds opposing Musk have been hit hard.

According to Bloomberg, Apple will launch the second generation Vision Pro headset device in the fall of 2025 or spring of 2026. This means that the release of the headset device is at least another year away, and there are rumors that the company is working to lower the price of the device to gain wider adoption. Previously, renowned analyst Guo Mingchi pointed out that Apple has significantly postponed its plan to launch a low-priced Apple Vision headset and in ... 阅读全文

Alibaba (09988/BABA/89988) announced that as of November 11, 2024, the total number of issued shares of the company was 19.142 billion shares. On November 7 and 8, the company repurchased 520000 shares and 1.69 million shares on the New York Stock Exchange, with an average repurchase price of $12.47 and $11.81 per share, respectively. According to the announcement, as of November 8th, the total number of shares repurchased by the company is 135 million, accountin ... 阅读全文

On November 10th, cryptocurrency experienced a collective movement and accelerated its rise in the afternoon. Among them, as of 20:00, Bitcoin reached the milestone of $80000 per coin, marking the first time in history, with a significant increase of 4% during the day; Ethereum breaks through $3200, reaching a new high since August; Aida Coin surged by over 40% during trading. As of 20:30 Beijing time, within 24 hours, Adacoin has risen by 40.07%, Bitcoin has ris ... 阅读全文

The latest consensus on Wall Street: In the era of Trump 2.0, the Federal Reserve may slow down its pace of interest rate cuts. Last week, after the results of the US election were announced, Wall Street's concerns about the prospect of the Federal Reserve cutting interest rates next year became increasingly strong. Last Thursday, following a statement from Federal Reserve Chairman Powell, many investment banks gave up hope of a significant interest rate cut by t ... 阅读全文

Elon Musk, CEO of Tesla and SpaceX, expressed support for the idea of allowing the president to intervene in Federal Reserve policies. In a social media post on Thursday by Utah Republican Senator Mike Lee, Lee called for the Federal Reserve to operate under the president's command, and Musk endorsed it with a "100" emoji on Friday. Senator Li also added the hashtag "# EndtheFed" to the post. Although the comments were brief, Musk's statement reflects that the ne ... 阅读全文

Trump wins, Musk becomes one of the biggest winners! On November 11th, according to reference reports, Elon Musk, the CEO of Tesla and SpaceX, expressed support for the idea of allowing the president to intervene in Federal Reserve policies. According to CCTV News on November 8th, Federal Reserve Chairman Powell publicly criticized Trump and stated that he would not resign if Trump demanded his resignation. This indicates that the relationship between the Federal ... 阅读全文

On November 11th, Shigeru Ishiba was re elected as the Prime Minister of Japan in the decisive round of the House of Representatives Prime Minister's nomination election. Shigeru Ishiba, the President of the Liberal Democratic Party, won and was re elected as the Prime Minister of Japan.

Nvidia CEO Huang Renxun pointed out in a recent interview that "artificial intelligence (AI) employees" will ultimately fight alongside humans in various work environments. He made the above statement on the No Prior podcast. He stated that in his vision, artificial intelligence will play a role in various fields such as chip design, marketing, and supply chain, and he believes that this series of work will be seamlessly integrated, technically required to perfor ... 阅读全文

The longest Double 11 shopping festival in history is coming to an end, and while many businesses are making their final push for sales, the American "old money style" fashion brand Ralph Lauren may be struggling with "selling too well". Recently, there have been media reports that Ralph Lauren's GMV (total merchandise transaction value, including cancelled and returned orders) during Tmall's Double 11 period exceeded 1.6 billion yuan, but the return rate was as ... 阅读全文

① As of press time, Dow Jones futures rose 0.23%, S&P 500 futures rose 0.32%, and Nasdaq futures rose 0.33%. ② As of press time, Tesla's stock price has risen by over 4% in pre-market trading, reaching a new high in 2 and a half years. On the news front, Musk stated that Tesla is improving the design of the Optimus robot for mass production. ③ Several Wall Street banks have successively lowered their expectations for the Federal Reserve's 2025 interest rate cu ... 阅读全文

On November 10th, "Ralph Lauren's return rate reached 95%, making it a great tool for collecting orders", ranking first on the hot search list. According to Xinhua Daily, it is reported that luxury clothing brand Ralph Lauren from the United States has a GMV (Gross Merchandise Volume) of over 1.6 billion yuan on a certain e-commerce platform "Double 11", but its return rate has reached an astonishing 95%. It is reported that this phenomenon originated from consum ... 阅读全文

As a barometer of consumer confidence, this year's "Double Eleven" e-commerce promotion is the earliest launched "Double Eleven" and has the longest cycle. The competitive pressure of e-commerce platforms is evident. From the marketing strategies of platforms such as Tmall, Taobao, JD.com, and Pinduoduo, terms such as cost-effectiveness, lowest price, and bottom price sales, which were originally used to attract traffic, have basically disappeared. Instead, a ser ... 阅读全文