Group 1 - The 18th meeting of the 14th National People's Congress Standing Committee concluded, passing several revised laws including the Maritime Law and amendments to the Village Committee Organization Law [5] - Zhang Shengmin was appointed as the Vice Chairman of the Central Military Commission of the People's Republic of China, while He Weidong was removed from the position [5] Group 2 - The "15th Five-Year Plan" strategic tasks and major initiatives were published, focusing on high-quality development in the service industry, modern infrastructure, and technological self-reliance [7][8][9] - Emphasis on original innovation and tackling key core technologies [9][11] - Promotion of deep integration between technological innovation and industrial innovation [11][12] Group 3 - The report from the People's Bank of China highlighted the need to maintain the stability of the RMB exchange rate and prevent excessive fluctuations [49] - The report also called for the implementation of a moderately loose monetary policy to support economic recovery [49] Group 4 - The Ministry of Industry and Information Technology reported 42 apps and SDKs for violating user rights, indicating ongoing regulatory scrutiny in the tech sector [50] - The National Standard for Community Comprehensive Disaster Reduction Public Information Mark will be implemented starting February 1, 2025, providing guidelines for disaster management [51] Group 5 - The 11th batch of national drug centralized procurement results was announced, including 55 commonly used drugs across various therapeutic areas, aiming to stabilize clinical use and ensure quality [52] - The report from Hu Run's Wealth List indicated that Zhong Shanshan of Nongfu Spring became the richest person in China for the fourth time, with a wealth increase of 190 billion RMB [57] Group 6 - OpenAI completed a capital restructuring, with Microsoft holding a 27% stake in the newly formed OpenAI Group PBC, indicating a strengthened partnership in AI development [59] - Huawei announced that its HarmonyOS smart devices have surpassed 1 million units delivered in just 43 months, showcasing its competitive edge in the smart terminal market [61] Group 7 - The former Vice President of the Bank of Communications, Hou Weidong, is under investigation for serious violations of discipline and law [63] - Chen Zhongyue was appointed as the Chairman and Party Secretary of China Mobile Communications Group, indicating a significant leadership change [64]

Group 1 - The three major U.S. stock indices closed higher, with the Dow Jones up 0.35%, the Nasdaq up 0.8%, and the S&P 500 up 0.23% [1] - Nvidia saw a nearly 5% increase in stock price following the signing of multiple new partnership agreements [1] - Microsoft rose nearly 2%, Broadcom increased over 3%, Tesla gained over 1%, while Google experienced a slight decline [1] Group 2 - The S&P 500 index closed at 6890.890, up 15.730 points or 0.23% [2] - The index opened at 6897.740, reached a high of 6911.300, and had a low of 6870.730, with a trading range of 0.59% [2] - The S&P 500 futures were up 0.30% at 6929.23 [2]

每经AI快讯，当地时间10月28日，OpenAI宣布已完成资本重组，确立其作为非营利机构控股营利业务 的结构。OpenAI表示，其非营利组织现称作OpenAI基金会(OpenAI Foundation)，并持有其营利部门约 1300亿美元的股权。OpenAI称，其营利部门现已成为一家公益性公司，名为OpenAI Group PBC。微软 表示支持此次重组，并称其在OpenAI Group PBC的投资现估值约1350亿美元，相当于公司稀释后股份 的27%。 ...

Microsoft's AI boss Mustafa Suleyman nixes erotic development, setting the tech giant apart from rivals exploring romantic chatbots. https://t.co/AxpQfQMa9h ...

U.S. stock markets continued their impressive rally on Tuesday, October 28, 2025, with all three major indexes closing at fresh all-time highs for the third consecutive day. Investor sentiment was buoyed by a robust earnings season, ongoing enthusiasm for artificial intelligence advancements, and strong expectations for an interest rate cut from the Federal Reserve this week. The positive momentum reflects a market digesting solid corporate reports and anticipating a more accommodative monetary policy.Major ...

Group 1: Labor Market and Job Cuts - Amazon and UPS announced combined job losses of at least 62,000, indicating a potential weakening in the labor market [1] - The job cuts are among the largest publicly confirmed in a year marked by a steady trend of firms reducing their workforce [1] Group 2: Tech Sector Developments - Microsoft and OpenAI reached a deal allowing OpenAI to restructure into a public benefit corporation, valuing it at $500 billion [3] - The deal between Microsoft and OpenAI contributed to a wave of tech euphoria, lifting Wall Street to new highs [6] - Big Tech firms have significant commitments and joint ventures worth hundreds of billions, with OpenAI and Nvidia being heavily involved [2] Group 3: Stock Market Performance - U.S. stock markets reached new highs, with Apple hitting a $4 trillion market cap and notable gains in UPS, Nvidia, and Microsoft [4] - The concentration of the top U.S. stocks accounted for 33.8% of total market cap at the end of September, indicating a high level of market concentration [11] Group 4: Federal Reserve and Economic Outlook - The Federal Reserve is expected to cut interest rates by a quarter of a percentage point, with further cuts anticipated in December and next year [7] - Potential changes to the Fed's balance sheet and the end of quantitative tightening (QT) could lead to bond purchases in the near future [8]

Markets are entering the busiest week for third quarter earnings, with results from several Big Tech companies highlighting the calendar. So far, the earnings season is off to a positive start. As of Oct. 24, 29% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting a 9.2% jump in earnings per share during the third quarter. If that figure holds, it would mark the ninth straight quarter of positive earnings growth but a deceleration from the 12% earnings growth ...

🔥 UPDATE: OpenAI restructures as a public benefit corporation, granting Microsoft a 27% stake worth around $135B.The move blends public benefit governance with commercial scale as AI competition intensifies. https://t.co/rW4WfPClLx ...

Layoffs and Job Market - A trend of significant layoffs is emerging, with UPS announcing a layoff of 48,000 employees [1] - Amazon is expected to cut up to 10% of its corporate workforce, confirming 14,000 job cuts, marking the largest layoffs in its history and the biggest in the tech industry since 2020 [2] - Year-to-date job cuts in the US are nearing 1 million, with the tech sector alone accounting for 190,000 job losses [3] Corporate Investments and Collaborations - Nvidia is investing $1 billion in Nokia, aiming to integrate Nokia's data center switch and optical networking technology with Nvidia's AI infrastructure [4] - This investment represents Nvidia's strategic expansion into networking and infrastructure, while providing Nokia an opportunity to reinvent itself in the AI era [4] Economic Indicators and Federal Reserve - The Federal Reserve is expected to announce a 25 basis point rate cut, with a 98% probability [9] - Investors are focused on Jerome Powell's commentary regarding inflation and the labor market, as recent Fed speakers have expressed concerns about rising inflation [10] Earnings Reports - Alphabet is expected to report total revenue of approximately $84.7 billion, driven by gains in search and Google Cloud, with advertising revenue projected to rise by 10% year-over-year [11][12] - Major companies such as Boeing, Caterpillar, Verizon, and CVS are set to report earnings before the bell, with CVS expected to report earnings of $1.36 per share on revenue exceeding $98 billion [13][14] - Microsoft has reached a $4 trillion market cap, with analysts projecting earnings of $3.65 per share on nearly $75 billion in revenue, while Meta is expected to earn $6.67 per share with revenue anticipated to top $49.5 billion [15]

The Federal Reserve’s Jerome Powell is on deck Wednesday, where rate cuts are all but expected. But after the closing bell, it’s big-tech earnings. - MarketWatch photo illustration/Getty Images, iStockphoto It’s hard to overstate just how crucial Wednesday could be for the stock market in its final leg of this year. Major U.S. equity indexes already zoomed to fresh record highs this week ahead of the Federal Reserve’s expected decision to cut rates on Wednesday, with a batch of a major tech earning set t ...