Mei Ri Jing Ji Xin Wen·2025-10-30 11:05Market Overview - Major U.S. index futures are down, with Dow futures falling by 0.33%, S&P 500 futures down by 0.17%, and Nasdaq futures decreasing by 0.20% [1] - Chinese concept stocks are experiencing a decline, with Alibaba down 1.68%, NetEase down 2.13%, Trip.com down 2.22%, JD.com down 1.48%, and Baidu down 2.58% [1] Company Earnings Reports - Google's Q3 earnings exceeded expectations, reporting revenue of $102.35 billion against an analyst forecast of $99.85 billion, with a net profit increase of 41% to $28.5 billion. Cloud revenue reached $15.16 billion, surpassing the expected $14.75 billion, leading to a stock increase of 7.19% [2] - Meta's Q3 earnings showed a revenue growth of 26% to $51.24 billion, but net profit plummeted by 83% to $2.71 billion due to a one-time non-cash tax expense of $15.93 billion, raising the effective tax rate to 87%. Total costs rose by 32% to $30.7 billion, resulting in a decline in operating margin from 43% to 40%. Meta's stock fell by 8.82% [2] - Microsoft's latest earnings report indicated a net income decrease of $3.1 billion due to significant investments in OpenAI, impacting earnings per share by $0.41. However, net profit increased from $24.67 billion to $27.7 billion year-over-year, with a stock decline of 3.03% [3] Sector Performance - Rare earth stocks are generally rising, with MP Materials up by 2.01% and USA Rare Earth up by 2.98% [4] - Stellantis reported a Q3 net revenue of €37.2 billion, a 13% year-over-year increase, but warned of potential additional costs in the second half due to strategic adjustments and product planning changes, leading to a stock drop of 4.46% [4] Upcoming Events - Apple and Amazon are set to release their earnings reports on Thursday after market close [5] - The U.S. Q3 annualized GDP rate is scheduled for release on October 30 at 20:30 Beijing time [6]