■据国家发展改革委24日消息，国家发展改革委、商务部近日发布《鼓励外商投资产业目录（2025年 版）》，自2026年2月1日起施行。 ■市场监管总局、中央网信办、工业和信息化部、公安部等十四部门联合印发《网售工业产品质量安全 专项治理行动方案（2025—2027年）》，部署开展网售工业产品质量安全专项治理行动，全面提升网售 工业产品质量安全水平。 ■欧洲汽车制造商协会当地时间23日公布的统计数据显示，美国电动汽车品牌特斯拉11月在欧洲的新车 注册量为22801辆，同比下降11.8％。今年前11个月，特斯拉在欧洲新车注册量同比下降28％。 ■美国在线贷款平台贷款树公司日前发布的调查结果显示，今年37%的美国人节日购物季负债增加，平 均负债从去年的1181美元升至1223美元。 ■当地时间24日，日本东京电力公司社长小早川智明称，将于明年1月20日重启柏崎刈羽核电站6号机组 反应堆。这将是2011年"3·11"东日本大地震引发福岛第一核电站事故后，东京电力公司旗下首个重启的 核电机组。 ■近日，中国人民银行等八部门联合发布意见，提出21条金融支持重点举措，推动发挥好"融资"和"结 算"两项金融核心功能，支持西部陆 ...

美国在线贷款平台贷款树公司日前发布的调查结果显示，今年37%的美国人节日购物季负债增加，平均 负债从去年的1181美元升至1223美元。 该公司本月早些时候对2000多名美国消费者进行了调查。公司首席消费金融分析师马特·舒尔茨在一份 声明中说，"关税及物价上涨使美国家庭预算吃紧，这种状况在节日季更为明显"，许多消费者不愿改变 节日购物传统，购物成本上升致使消费者负债增加。 近期美国消费者对自身财务状况总体更趋悲观。美国研究机构世界大型企业研究会23日发布的数据显 示，由于对商业环境看法负面，对就业和收入担忧加剧，12月美国消费者信心指数连续第五个月走低， 降至89.1，为4月以来最低水平。 (责任编辑：谭梦桐) 调查还显示，63%的借款者预计他们需要三个月或更长时间来偿还债务，约41%的借款者说他们仍在偿 还去年的债务。舒尔茨认为，如果借款者需要六个月到一年甚至更长时间来偿还债务，那问题会比较严 重，因为信用卡利率很高。根据美国银率网公司数据，目前美国信用卡平均利率超过20%。 ...

Core Insights - Nearly one-third of U.S. businesses plan to raise prices within the next six months, indicating a trend of passing higher input and import costs onto consumers [3] - 50.7% of businesses expect costs to rise in the coming months, reflecting pressures from increasing supplier costs and an uncertain tariff environment [3] - The sentiment among business owners regarding the U.S. economic outlook is increasingly pessimistic, as noted by experts [3] Group 1: Economic Pressures - Businesses are facing two main pressures: rising costs of goods and services from suppliers and an uncertain tariff environment [3] - The founder of Bowers Financial Group highlighted that increased input costs are directly leading to price hikes [3] - High tariffs are impacting the entire supply chain, causing a ripple effect on costs [3] Group 2: Inflation Concerns - Analysts and executives warn that widespread price increases could exacerbate inflation, affecting household budgets in the U.S. [3] - The potential for increased prices may influence the monetary policy decisions of the Federal Reserve [3] - Kevin Thompson, CEO of 9i Capital Group, stated that government policies pushing up global prices lead businesses to adjust their pricing strategies accordingly [3]

Key Points - The implementation of new personal pension withdrawal scenarios starting September 1 aims to enhance the accessibility of pension funds for individuals facing specific financial burdens [2] - The Ministry of Finance reported a 20.7% year-on-year increase in stamp duty revenue from January to July, with securities transaction stamp duty rising by 62.5% [2] - The Shanghai Municipal Government has released a plan to accelerate the development of "AI + manufacturing," focusing on deploying industrial robots in high-risk work environments to improve efficiency and safety [4] - The National Development Bank issued loans totaling 385 billion yuan to advanced manufacturing and strategic emerging industries, marking a 51.3% increase year-on-year [4] - The Guangdong Provincial Government has introduced policies to support the high-quality development of commercial aerospace, including satellite constellation construction and providing a "green channel" for project approvals [4] - The Hainan Free Trade Port has optimized its personal income tax incentive policies for high-demand talent, aiming to support the development of the aerospace industry [5] - JD.com has surpassed 150,000 full-time delivery riders, with the company covering all social insurance costs, averaging about 2,000 yuan per rider per month [6] - The stock price of Oriental Selection experienced a significant drop of 20.89% following rumors regarding its CEO, despite company officials denying the claims [6]

Core Insights - Nearly one-third of U.S. businesses plan to raise prices within six months, indicating a trend of passing higher input and import costs onto consumers [1] - 50.7% of businesses expect costs to rise in the coming months, reflecting pressures from increasing supplier costs and an uncertain tariff environment [1] - The sentiment among business owners regarding the U.S. economic outlook is increasingly pessimistic, as noted by experts [1] Group 1: Economic Pressures - Businesses are facing two main pressures: rising costs from suppliers and an uncertain tariff environment [1] - The impact of high tariffs is being transmitted through the supply chain, leading to a chain reaction of cost increases [1] Group 2: Price Increase Implications - A significant increase in prices may exacerbate inflation, affecting household budgets and influencing the monetary policy of the U.S. Federal Reserve [1] - Analysts and executives indicate that government policies that raise global prices compel businesses to adjust their pricing strategies accordingly [1]

Market Performance - The U.S. stock market experienced a significant surge in performance, particularly among high-performing stocks, with LendingClub rising over 31% and Wingstop increasing by nearly 29% [1][3] - Major technology stocks also saw gains, with Nvidia up 1.8% and Broadcom rising over 1% [2] Economic Data - The U.S. Bureau of Economic Analysis (BEA) reported a preliminary GDP growth rate of 3.0% for Q2 2025, exceeding market expectations of 2.6% and reversing a previous contraction of -0.5% in Q1 [5][7] - The core Personal Consumption Expenditures (PCE) price index for Q2 showed a year-over-year increase of 2.5%, down from 3.5% but above the expected 2.3% [7] Company Earnings - Wingstop's Q2 adjusted earnings per share surpassed market expectations, leading to a stock price increase [3] - LendingClub reported Q2 revenue and earnings per share that exceeded forecasts, with strong guidance for Q3 [3] - Teradyne, a semiconductor testing equipment manufacturer, saw its stock rise over 22% after reporting Q2 revenue of $651.8 million and adjusted earnings of $0.57 per share, both significantly above expectations [3] - VF Corporation, the parent company of Vans and The North Face, experienced a stock increase of over 24% following a Q1 revenue report of $1.8 billion, which also exceeded market expectations [3] - FuboTV's stock surged over 22% after announcing preliminary Q2 financial results indicating expected revenue and paid user growth above projections [3] Analyst Expectations - Analysts predict that Apple's Q3 2025 revenue will reach $90.7 billion, a 5.8% year-over-year increase, driven by improvements across all product lines [4] - Morgan Stanley views Microsoft's risk-reward profile as attractive, citing its leadership in AI and robust core business growth [4] - Amazon's Q2 revenue is expected to hit $162 billion, with earnings per share projected at $1.32, driven by growth in AWS and its retail and advertising segments [4] - Meta's anticipated Q2 revenue is $44.71 billion, reflecting a 14% year-over-year increase, with adjusted net income expected at $19.92 billion [4]

Core Viewpoint - The U.S. stock market is experiencing a significant surge in performance driven by strong earnings reports and positive economic data, indicating robust economic growth and potential investment opportunities. Group 1: Stock Market Performance - Major U.S. stock indices showed slight gains ahead of the Federal Reserve's interest rate decision, with notable increases in high-performing stocks like LendingClub and Wingstop, which surged over 31% and 29% respectively [2][8]. - The overall performance of the stock market is characterized by a broad rally among high-performing stocks, with significant gains reported across various sectors [8]. Group 2: Economic Data - The U.S. Bureau of Economic Analysis (BEA) reported a preliminary estimate of a 3.0% year-over-year growth rate in real GDP for Q2 2025, significantly exceeding market expectations of 2.6% [3][15]. - The second quarter's GDP growth not only reversed the previous quarter's contraction of -0.5% but also reflects strong consumer spending and a notable decline in imports [16]. Group 3: Company Earnings Reports - Wingstop reported a substantial increase in adjusted earnings per share, leading to a stock price surge to its highest level since 2022 [8]. - LendingClub's earnings report showed revenue and earnings per share exceeding expectations, with strong guidance for Q3 performance [8]. - Teradyne, a semiconductor testing equipment manufacturer, also saw its stock rise over 22% following a strong earnings report [8]. Group 4: Upcoming Earnings and Analyst Expectations - Upcoming earnings reports from major companies like Microsoft, Meta, Apple, and Amazon are anticipated to influence market trends, with analysts projecting strong revenue growth for Apple and Amazon [10][12]. - Analysts expect Microsoft's earnings to reflect its leadership in AI and robust core business growth, suggesting a favorable risk-reward profile [11].

Group 1 - eToro's stock surged nearly 29% on its first day of trading on Nasdaq, with a market valuation exceeding $5.4 billion, following an IPO price above the expected range [1][3] - CoreWeave reported a remarkable 420% revenue growth in its first earnings report, significantly exceeding expectations, and its stock price has increased approximately 60% since its IPO in March [1][3] - The IPO market is showing signs of recovery, with optimism among bankers and venture capitalists, despite previous delays from major tech companies like Klarna and StubHub due to tariff policies [3][5] Group 2 - Klarna and StubHub have not provided recent updates, but eToro's successful IPO may encourage other companies to proceed with their listings, including fintech company Chime and digital health company Omada Health [4] - Rachel Gerring from Ernst & Young expressed confidence in the market's recovery, attributing it to a temporary pause in strict trade policies and reduced tariffs on Chinese goods [5] - The upcoming week is crucial for the digital health sector, with Hinge Health updating its IPO filing, expecting a price range of $28 to $32, which would value the company at around $2.4 billion [6] Group 3 - Cerebras, a chip manufacturer, has received necessary approvals to proceed with its IPO after delays due to regulatory reviews, indicating a potential market entry this year [7] - Galaxy Digital transitioned from the Toronto Stock Exchange to Nasdaq, aiming to attract a broader investor base amid cautious regulatory attitudes towards cryptocurrencies [7] - The overall sentiment suggests that the IPO market may be one of the last sectors to recover fully, with a need for more large, growth-oriented companies to enter the market [7]