Feng Huang Wang Cai Jing·2025-11-07 14:46Market Overview - On November 7, US stock indices opened lower, with the Dow Jones down 0.44%, S&P 500 down 0.48%, and Nasdaq down 0.69% [1] - Major tech stocks fell, with AMD down over 2%, and Tesla, Nvidia, and Oracle down over 1% [1] - Chinese concept stocks also declined, with the Nasdaq Golden Dragon China Index down 1.35%. Xpeng Motors fell over 5%, while Bilibili, Alibaba, and JD.com dropped over 3% and Li Auto and Baidu fell over 1% [1] Company News - Tesla's shareholder meeting voted to support an investment in Elon Musk's AI company, xAI, despite potential conflicts of interest. This investment is seen as beneficial for both Tesla and xAI [2] - Airbnb reported a 10% year-over-year revenue growth for Q3 2025, with adjusted EBITDA exceeding $2 billion. Booking volume increased by 14%, and nights and seats booked rose by 9%, driven by growth in the US market and average daily rates [3] - Honda's financial report for the first half of FY2026 showed a 41% decline in operating profit to 438.14 billion yen, with a projected full-year operating profit decrease of 54.7% to 550 billion yen [4] - TSMC plans to issue NT$23.5 billion in bonds, with a 5-year interest rate of 1.5%, including NT$14 billion for 5-year bonds, NT$3 billion for 7-year bonds, and NT$6.5 billion for 10-year bonds [5] - Ford is reportedly considering discontinuing the electric version of the F-150 pickup truck due to poor sales performance, having incurred a cumulative loss of $13 billion in its electric vehicle business since 2023 [6]