Mei Ri Jing Ji Xin Wen·2025-10-30 11:25Market Overview - Major U.S. stock 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 by 1.68%, NetEase down by 2.13%, Trip.com down by 2.22%, JD.com down by 1.48%, and Baidu down by 2.58% [1] - Spot gold prices have risen by 1.91%, reaching $4003.83 per ounce [1] Company Earnings Reports - Google's Q3 earnings exceeded expectations, with revenue of $102.35 billion, surpassing analyst estimates of $99.85 billion. Net profit increased by 41% year-over-year to $28.5 billion, and cloud revenue was $15.16 billion, above the expected $14.75 billion. Following the report, Google's stock rose by 7.19% [1] - Meta's Q3 net profit plummeted by 83%, falling from $15.69 billion to $2.71 billion, primarily due to a one-time non-cash tax expense of $15.93 billion from the U.S. tax reform. Revenue grew by 26% to $51.24 billion, but total costs rose by 32%, leading to a decrease in operating profit margin from 43% to 40%. Meta's stock dropped by 8.82% [2] - Microsoft's investment in OpenAI resulted in a $3.1 billion loss, impacting its Q1 FY2026 net income. Despite this, net profit increased from $24.67 billion to $27.7 billion year-over-year. Microsoft's stock fell by 3.03% [2] - Stellantis reported Q3 net revenue of €37.2 billion, a 13% year-over-year increase. However, the company warned of potential additional costs in the second half of the year due to strategic adjustments and product planning changes, leading to a 4.46% drop in its stock [3] Upcoming Earnings - Apple and Amazon are set to release their earnings reports after the market closes on Thursday [4]