Feng Huang Wang Cai Jing·2025-12-11 14:36Market Overview - The U.S. stock market opened mixed with the Nasdaq down 0.60%, the Dow Jones up 0.19%, and the S&P 500 down 0.38% [1] - Oracle's stock fell over 14% as the company's Q2 revenue and cloud business income did not meet market expectations [1] - Disney's stock rose 0.4% following the announcement of a $1 billion equity investment in OpenAI [1] - Most popular Chinese stocks declined, with the Nasdaq Golden Dragon China Index down 0.43%, and Alibaba, iQIYI, and Xpeng Motors each falling over 2% [1] Company News - Microsoft plans to release a new AI model that aims to elevate the capabilities of intelligent agents [2] - Oracle's CEO stated that external estimates of the company's project spending are overestimated, with actual funding needs expected to be significantly lower than the projected $100 billion [3] - Samsung is ramping up preparations to produce Tesla's AI5 chips in the U.S. by recruiting experienced engineers to address complex wafer fabrication challenges [3] - The European Commission approved €623 million ($729.16 million) in state aid for Germany to support the construction of two semiconductor manufacturing plants [4] - SK On and Ford have agreed to terminate their joint venture structure in the U.S., with both companies independently operating their respective BlueOval SK production facilities [5] - Novo Nordisk's stock has fallen back to levels seen in 2021, with analysts cautiously optimistic about the company's valuation recovery despite a 50% drop this year [6]