Market - The S&P 500 index is approaching its historical record as the market bets on more easing policies from the Federal Reserve next year, following the Fed's approval of its third rate cut this year, lowering the federal funds rate to a range of 3.50% - 3.75% [2] - Major US stocks saw significant trading volumes, with Nvidia at $28.964 billion, Tesla at $28.126 billion, and Netflix facing a collective lawsuit over its $72 billion acquisition of WBD, resulting in a 4.14% drop in its stock price [3] - Popular Chinese stocks showed mixed performance, with TSMC up 2.21% and Pinduoduo down 1.59%, as the Nasdaq Golden Dragon China Index rose by 0.64% [4] Company - Oracle's quarterly revenue and profit fell short of expectations, leading to a 5.5% drop in its stock price after hours. The adjusted profit per share was $2.26, while adjusted operating revenue was $6.7 billion, below Wall Street's target [25] - If SpaceX successfully goes public at a valuation of $1.5 trillion next year, Elon Musk could become the world's first trillionaire, with his stake in SpaceX potentially worth over $625 billion [26] - Meta is shifting its focus towards a closed-source model for its AI initiatives, with a new model expected to launch in spring 2026, indicating a significant strategic change from its previous open-source approach [27]

Group 1: Nvidia - Nvidia's stock fell by 0.64% with a trading volume of $28.964 billion. The company has developed a location verification technology that can determine the country and region of its chips [1][10] - This feature, which has been informally demonstrated in recent months but not officially released, will be a software option for customers to install. It utilizes the GPU's confidential computing capabilities [10] - The software aims to help customers track the overall computing performance of chips, which is common practice for companies purchasing chips for large data centers, and can also estimate the chip's location based on communication latency with servers [10] Group 2: Tesla - Tesla's stock increased by 1.41% with a trading volume of $28.126 billion. If SpaceX successfully goes public next year with a valuation of $1.5 trillion, Elon Musk could become the world's first trillionaire [1][10] - Estimates suggest Musk's stake in SpaceX could exceed $625 billion, significantly higher than his current net worth of $136 billion, not including his holdings in other companies like Tesla [10] Group 3: Microsoft - Microsoft's stock decreased by 2.74% with a trading volume of $16.532 billion. The company announced plans to invest $17.5 billion in AI infrastructure in India, although there are concerns about the project's prospects and risks [1][11] - In addition to India, Microsoft plans to invest $10 billion in Portugal and $15 billion in the UAE for AI infrastructure, with total investments in AI projects by US tech giants reaching trillions of dollars [11] Group 4: Palantir - Palantir's stock rose by 3.34% with a trading volume of $11.013 billion. Reports indicate that the US Navy is collaborating with Palantir, planning to approve up to $448 million for AI technology applications aimed at modernizing the shipbuilding supply chain [12] Group 5: Ares Management - Ares Management's stock increased by 1.18% with a trading volume of $8.525 billion. The company is set to join the S&P 500 index on December 11, which is expected to attract passive investment inflows [12] - Ares Management's business focuses on private credit, private equity, real estate, and secondary market investments, with approximately 80% of its assets managed coming from institutional investors [12] Group 6: GE Vernova - GE Vernova's stock rose by 15.62% with a trading volume of $7.887 billion. The company announced plans to double its dividend and increase its stock buyback authorization, benefiting from a growing backlog of orders and strong profit margins [13] - The company provided preliminary guidance for 2026, expecting revenues between $41 billion and $42 billion, and raised its free cash flow expectations for the current year from $3 billion to $4 billion [13] Group 7: Netflix - Netflix's stock fell by 4.14% with a trading volume of $6.853 billion. The company's proposed $72 billion acquisition of Warner Bros. Discovery is facing a consumer lawsuit, alleging it may reduce choices in the US subscription streaming market [13][14] - Some lawmakers have raised concerns about the acquisition, anticipating strict regulatory scrutiny under US antitrust laws [13][14] Group 8: Micron - Micron's stock increased by 4.47% with a trading volume of $5.574 billion. Citigroup raised its price target for Micron from $275 to $300 [15] Group 9: Uber - Uber's stock decreased by 5.51% with a trading volume of $4.304 billion. Bank of America estimates that even if Uber's market share declines from 70%-80% to 50%, its order volume could still reach $589 billion by 2040, achieving a 17% compound annual growth rate [15]