A · Important
[Overnight global news you need to know on Wednesday: AMD revenue outlook exceeds expectations; the United States plans to return to the moon before 2028; Iran says there is no new progress in the agreement with the United States]
global news
1. AMD rose 7% after the bell. The company expects fourth-quarter revenue of US$17 billion, plus or minus 3%. That compares with analysts' average estimate of $16.3 billion.
2. Super Micro Computer rose 6% after the closing bell. The company expects net sales for the full fiscal year to be US$72 billion to US$82 billion, compared with the previous forecast of US$65 billion to US$72 billion.
3. BMW expects the full-year automotive business EBIT profit margin to be -0.5% to 0.5%, previously expected to be 1% to 3%, and the market estimate is 1.94%.
4. Iran denied reports that it was about to reach an agreement with the United States, saying that there had been no new progress in the agreement with the United States.
5. The United States is reported to be negotiating with Venezuela to seek to establish a potential long-term military presence in the country.
6. JPMorgan Asset Management analyst Bob Michele called on the U.S. Treasury Department to cancel the issuance of 20-year Treasury bonds.
7. U.S. API crude oil inventories decreased by 5.267 million barrels last week, compared with an expected increase of 1.987 million barrels, and the previous value decreased by 2.031 million barrels.
8. The White House stated that under Trump’s order, the United States will return to the moon by 2028.
global market
1. The three major U.S. stock indexes closed with mixed gains, with the Dow Jones Industrial Average falling 0.38%, the Nasdaq Composite Index rising 0.83%, and the S&P 500 Index rising 0.37%. Chip stocks rose. The Philadelphia Semiconductor Index rose 2.64%, SanDisk rose more than 4%, Broadcom and AMD rose more than 3%, and Western Digital, ARM, NXP, and Seagate Technology rose more than 2%.
2. International oil prices fluctuated and fell. WTI for December delivery fell by 0.4%, with a settlement price of US$96.09 per barrel; Brent for January delivery fell by 1.1%, with a settlement price of US$103.60 per barrel.
3. International precious metals fell, with spot gold prices falling 0.44% to US$3,929.13 per ounce; spot silver prices falling by 1.66% to US$49.78 per ounce.
4. Livermore’s leading index of Chinese concept stocks closed down 0.08%. Among the constituent stocks, Huirong Technology rose by more than 7%, JD.com rose by more than 2%, Kingsoft Cloud fell by more than 4%, and Wuxin Technology fell by more than 2%.
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