Dow Falls Over 100 Points; Amazon Posts Upbeat Q3 Results

Market Overview - U.S. stocks showed mixed performance, with the Dow Jones index falling over 100 points, down 0.30% to 47,379.27, while NASDAQ rose 0.27% to 23,644.68, and S&P 500 dropped 0.07% to 6,817.76 [1] - Consumer discretionary shares increased by 3.8%, while utilities stocks decreased by 1.2% [1] Company Performance - Amazon.com Inc. reported third-quarter net sales of $180.2 billion, a 13% year-over-year increase, surpassing the consensus estimate of $177.8 billion. The company anticipates fourth-quarter net sales between $206.0 billion and $213.0 billion, reflecting a year-over-year growth of 10% to 13% [2] - AMTD Digital Inc. saw a significant revenue increase of 1,085.9% year-over-year, reaching $73.2 million for the six months ended April 30, leading to a 99% surge in its share price to $3.3600 [8] - Butterfly Network, Inc. shares rose 27% to $2.59 following better-than-expected quarterly results [8] - Illumina, Inc. shares increased by 23% to $121.41 after reporting third-quarter results above estimates and raising its full-year guidance [8] - Luminar Technologies, Inc. shares dropped 49% to $1.0801 after receiving a subpoena from the SEC and suspending its FY25 guidance [8] - Intensity Therapeutics, Inc. shares fell 42% to $0.7612 after announcing a $4 million registered direct offering of common stock [8] - OneSpan Inc. shares decreased by 27% to $11.32 after reporting worse-than-expected third-quarter sales and cutting its FY25 sales guidance, with Rosenblatt reducing its price target from $17 to $15 [8] Commodity Market - Oil prices increased by 0.5% to $60.87, while gold prices decreased by 0.5% to $3,995.20. Silver fell by 0.9% to $48.190, and copper dropped 0.4% to $5.0820 [5] European Market - European shares were lower, with the eurozone's STOXX 600 slipping 0.51%, Spain's IBEX 35 Index down 0.05%, London's FTSE 100 down 0.44%, Germany's DAX 40 down 0.67%, and France's CAC 40 down 0.44% [6] Asian Market - Asian markets closed mostly lower, with Japan's Nikkei 225 gaining 2.12%, while Hong Kong's Hang Seng fell 1.43%, China's Shanghai Composite dipped 0.81%, and India's BSE Sensex declined 0.55% [9]