Feng Huang Wang Cai Jing·2025-12-17 14:43Market Overview - The three major U.S. stock indices opened mixed, with the Dow Jones up 0.11%, Nasdaq up 0.06%, and S&P 500 down 0.01% [1] - Most popular Chinese concept stocks rose, with the Nasdaq Golden Dragon China Index up 0.79%, Baidu up over 2%, Bilibili up over 1%, and Alibaba up nearly 1% [1] - Netflix rose 1.6% as some investors bet on its potential victory in the acquisition battle against Warner Bros [1] - Oracle fell over 3% due to setbacks in its $100 billion data center project [1] - Oil stocks strengthened, with BP rising over 2% [1] Company Developments - Apple is reportedly in preliminary talks with Indian chip manufacturers to assemble and package components for its iPhones [2] - Demis Hassabis, CEO of Google's DeepMind, warned of a potential "bubble" in AI funding, particularly among early-stage startups with high valuations [3] - Tesla faces new challenges in the U.S. market as a California judge ruled that its marketing of Autopilot and Full Self-Driving systems is misleading, leading to a 30-day suspension of its sales and manufacturing license in California [4] - Waymo, Alphabet's autonomous driving subsidiary, is reportedly negotiating a $15 billion funding round, aiming for a valuation of up to $110 billion, significantly up from $45 billion last October [5] - Warner Bros. board urged shareholders to reject Paramount's hostile takeover bid of $108 billion, labeling it as "illusory" due to the lack of personal guarantees from Larry Ellison [6]