Zhi Tong Cai Jing·2025-11-05 12:42Market Overview - US stock index futures showed mixed movements with Dow futures up by 0.04%, S&P 500 futures down by 0.14%, and Nasdaq futures down by 0.24% [1] - European indices also displayed varied performance, with Germany's DAX down by 0.37%, UK's FTSE 100 up by 0.04%, and France's CAC 40 down by 0.05% [2][3] - WTI crude oil prices fell by 0.31% to $60.37 per barrel, while Brent crude oil decreased by 0.20% to $64.31 per barrel [3][4] Economic Data and Events - The upcoming ADP employment data is expected to show an increase of 28,000 jobs in October, a significant reversal from the previous month's loss of 32,000 jobs [5] - The US government shutdown is set to break the record for the longest duration, impacting economic data releases and potentially leading to increased pressure on lawmakers to reach a compromise [5] Company Earnings and Forecasts - AMD reported a 36% year-over-year revenue increase to $9.25 billion, exceeding market expectations, but the outlook for Q4 revenue of $9.3 to $9.9 billion was met with some disappointment [8][9] - Super Micro Computer's Q1 revenue fell to $5.02 billion, below analyst expectations, marking the sixth consecutive quarter of underperformance [9] - Pinterest's Q3 revenue was $1.05 billion, meeting expectations, but the Q4 guidance fell short of analyst predictions, leading to a pre-market drop of over 18% [10] - Toyota's Q2 operating profit declined by 27% year-over-year, but the company raised its full-year profit and sales guidance despite the drop [11] - Novo Nordisk's Q3 sales increased by 11% year-over-year, with a strong performance in diabetes and weight loss medications, and the company updated its sales growth forecast for 2025 [12] - Rivian's Q3 revenue reached $1.56 billion, a 78% increase year-over-year, with a positive gross margin reported for the second consecutive quarter [13] - Arista Networks achieved Q3 revenue of $2.31 billion, a 27% increase, and provided a positive outlook for Q4 revenue [14] - Astera Labs reported a 104% year-over-year revenue increase in Q3, but the Q4 earnings guidance was below market expectations [15] - Tempus AI's Q3 revenue grew by 84.7% year-over-year, but net losses widened, leading to a pre-market decline [16] - McDonald's Q3 same-store sales grew by 3.6%, exceeding expectations, although adjusted EPS fell short of forecasts [17] Upcoming Earnings Announcements - Notable earnings announcements expected include Qualcomm, Arm, Robinhood, and DoorDash [17][18]