Group 1: Market Overview - Major U.S. stock index futures are experiencing slight declines, with Dow futures down 0.09%, S&P 500 futures down 0.06%, and Nasdaq futures down 0.31% [1] - Morgan Stanley suggests that the adjustment in the U.S. stock market is nearing its end, despite a 5% pullback in the S&P 500 index, as two-thirds of the top 1000 companies have seen declines exceeding 10% [2][4] Group 2: Chinese Stocks Performance - Chinese concept stocks show mixed results, with NIO rising nearly 8% after reporting Q3 revenue of 21.79 billion yuan, a year-on-year increase of 16.7% and a quarter-on-quarter increase of 14.7%, setting a new historical high [1] - Alibaba's stock increased by 3.39% following the release of its Q2 FY2026 earnings report, which showed revenue of 247.795 billion yuan, exceeding market expectations with a year-on-year growth of 15% [1] Group 3: Corporate Developments - Citigroup raised the target price for Gap from $23 to $25 while maintaining a "neutral" rating [2] - Google shares rose over 2% as the company begins selling TPU chip solutions to major clients like Meta, expanding its AI chip market beyond cloud rental services [3] - SanDisk is set to join the S&P 500 index on November 28, leading to a nearly 3% increase in its stock price [3] Group 4: Economic Indicators and Predictions - The probability of a 25 basis point rate cut by the Federal Reserve in December has surged to 80.9%, up from 50.1% a week prior, following supportive comments from Fed officials [2][4] - The third-quarter revenue for Pony.ai increased by 72% year-on-year, reaching $25.4 million, with its Robotaxi business generating 47.7 million yuan, a year-on-year growth of 89.5% [3] Group 5: Regulatory Issues - Poland has initiated an antitrust investigation against Apple regarding its App Tracking Transparency (ATT) policy, which may restrict third-party apps' ability to collect user data for personalized advertising, potentially leading to fines of up to 10% of Apple's annual revenue in Poland [4]

Core Viewpoint - The Polish Office of Competition and Consumer Protection (UOKiK) has initiated an investigation into whether Apple is restricting competition in the mobile advertising market through its privacy policy, specifically the App Tracking Transparency (ATT) framework introduced in 2021 [1][2] Group 1: Investigation Details - UOKiK is examining Apple's ATT policy, which applies to iOS and iPadOS versions 14.5 and above, to determine its impact on competition in the mobile advertising sector [1] - The agency highlights that Apple's definition of "tracking" may lead to different consent requests for personalized ads, potentially giving Apple an advantage over independent app publishers [1][2] Group 2: Implications and Reactions - UOKiK's chairman Tomasz Chróstny expressed concerns that the wording and design of consent information may mislead users regarding privacy protection, thereby enhancing Apple's competitive position in the advertising market [2] - Apple claims that the ATT framework is designed to empower consumers to control whether companies can track their activities, asserting that opposition from the data tracking industry is expected [2] - UOKiK noted that similar investigations are ongoing in Germany, Italy, and Romania, and that a French regulatory body previously fined Apple €150 million for related issues [2]