Global Markets Surge on Nvidia’s Strong Earnings, Geopolitical Tensions Simmer

Corporate News and Industry Trends - Nvidia reported a 62% year-on-year revenue increase, reaching $57.01 billion in Q3, and projected $65 billion in revenue for Q4, boosting confidence in the AI sector and alleviating concerns about an AI bubble [2][8] - LG Electronics signed a Wi-Fi patent licensing agreement with Amazon, enhancing both companies' positions in the connected device ecosystem [9] - GS Caltex opened a new palm oil refinery in Indonesia with a production capacity of 500,000 metric tons annually, aiming to secure a stable supply chain for bio raw materials [10] - Krafton is involved in a legal dispute with former leaders of its subsidiary Unknown Worlds over allegations of pressure tactics to delay the release of Subnautica 2, which has been pushed to 2026 [11] - China's rare earth magnet exports in October highlighted the global reliance on China, with Germany, the U.S., South Korea, Vietnam, and India as top destinations [12]