Nvidia(US:NVDA) Sou Hu Cai Jing·2025-10-29 12:43Market Overview - US stock index futures are all up, with Nasdaq futures rising by 0.45%, S&P 500 futures up by 0.28%, and Dow futures increasing by 0.23% [1] - Major European stock indices are collectively rising, with Germany's DAX index up by 0.13%, UK's FTSE 100 up by 0.9%, France's CAC index up by 0.06%, and the Euro Stoxx 50 index up by 0.48% [1] - The Federal Reserve is expected to announce a 25 basis point rate cut, lowering the federal funds rate target range to 3.75%-4% [1] Company Insights - Wells Fargo predicts a comprehensive rally in US stocks by year-end, setting a target of 7100 points for the S&P 500 [2] - Nvidia's CEO Jensen Huang refuted AI bubble claims, stating that the Blackwell and Rubin chips will generate $500 billion in revenue; he also announced the launch of NVQLink technology and a partnership with the US Department of Energy to build the largest AI supercomputer in the US [2] - US President Trump indicated a potential discussion with China regarding Nvidia's Blackwell chip [3] - Tesla's chairman stated that if the compensation plan is not approved leading to Musk's resignation, the company is prepared to appoint a new CEO from within [4] - US RF chip manufacturers Skyworks and Qorvo have reached a merger agreement, with the new company valued at $22 billion [5] - Uber plans to expand its fleet of self-driving taxis supported by Nvidia technology to 100,000 vehicles starting in 2027 [6] - GlobalFoundries plans to invest €1.1 billion to expand its factory capacity in Germany, aiming to produce over 1 million wafers annually [7] - NASA and Lockheed Martin's experimental quiet supersonic aircraft X-59 has completed its first flight [8] Financial Performance - Glencore reported a 17% decline in copper production for the first three quarters of the year and tightened its guidance for 2025 [9] - Boeing's Q3 revenue reached $23.27 billion, with adjusted free cash flow of $238 million, both exceeding expectations; the launch of the 777X jet has been delayed to 2027 [9] - UBS reported Q3 revenue of $12.76 billion and a pre-tax profit of $2.82 billion, both surpassing expectations; the company plans to repurchase $3 billion in stock this year [9] - Caterpillar's Q3 revenue increased by 10% year-on-year to $16.7 billion, with adjusted earnings per share of $4.95 exceeding expectations [10] - Visa's Q4 revenue was $10.7 billion, with adjusted earnings per share of $2.98, both exceeding expectations [11] - Deutsche Bank reported Q3 total revenue of €8.04 billion and a net profit of €1.56 billion, both exceeding expectations [12] - GlaxoSmithKline turned a profit in Q3, recording a net profit of £2.01 billion and raising its full-year revenue growth guidance [13] - Electronic Arts reported Q2 revenue of $1.84 billion, which was below expectations, with net profit halving to $137 million [14]