Feng Huang Wang Cai Jing·2025-11-04 14:40Market Overview - On November 4, US stock indices opened lower, with the Dow Jones down 0.72%, the S&P 500 down 1.13%, and the Nasdaq down 1.59% [1] Company News - The Norwegian Sovereign Wealth Fund plans to vote against the proposal to grant Tesla CEO Elon Musk stock as a performance reward at the upcoming shareholder meeting on November 6. The fund, which holds 1.12% of Tesla's shares valued at approximately $17 billion, expressed concerns over the total reward amount, equity dilution, and lack of mitigation for key person risk [2] - Nvidia has partnered with Deutsche Telekom to build an AI computing center in Munich, with a total investment of approximately €1 billion. The center will deploy up to 10,000 GPUs and is expected to be completed by the end of Q1 2026 [3] - Uber reported Q3 revenue of $13.467 billion, a year-on-year increase of 20%, with net profit reaching $6.626 billion, up 154% compared to the previous year [4] - Spotify announced a 12% year-on-year growth in subscription users, reaching 281 million, and a total revenue growth of 12% to €4.3 billion in Q3. Monthly active users increased by 11% to 713 million, with an operating profit of €582 million [5] - Pfizer reported Q3 revenue of $16.65 billion, with adjusted earnings per share of $0.87. The company maintains its full-year revenue forecast of $61 billion to $64 billion and adjusted earnings per share of $3.00 to $3.15 [6] - Saudi Aramco announced an adjusted net profit of $28 billion for Q3, slightly up from $27.7 billion in the same period last year, with free cash flow of $23.6 billion compared to $22 billion year-on-year [7]