Feng Huang Wang·2025-11-24 23:01Market Performance - The US stock market saw a collective rebound on November 24, with the Nasdaq Composite Index rising by 2.69% to 22,872.01 points, marking the largest single-day gain since May [1] - The Dow Jones Industrial Average increased by 0.44% to 46,448.27 points, while the S&P 500 Index rose by 1.55% to 6,705.12 points [1][2] Key Stock Movements - Major tech stocks experienced significant gains, with Google rising over 6% due to optimism surrounding its leadership in artificial intelligence, particularly after the release of its AI model Gemini 3 [2] - Other notable stock movements included Broadcom up over 11%, Micron Technology nearly 8%, and AMD and Lam Research both rising over 5% [2] - The Philadelphia Semiconductor Index increased by 4.63%, with all 30 component stocks closing higher [4] Company Developments - Amazon announced plans to invest up to $50 billion to expand its AI and supercomputing capabilities for US government clients, starting in 2026 [8] - Tesla's CEO Elon Musk stated he will be "deeply involved" in the design of Tesla's AI chips, aiming to produce a new chip annually [9] Financial Performance - The US banking sector reported a profit of $79.3 billion for Q3 2025, reflecting a 13.5% increase from the previous quarter [10] - WeRide reported a revenue of 171 million yuan for Q3 2025, a year-on-year increase of 144.3%, with its Robotaxi business revenue soaring by 761% [12]