US stocks closed | The three major indices rose together, the Dow and S&P continued to hit historical highs; most large technology stocks rose, nvidia rose more than 2%, Tesla soared more than 38% in the month, the best performance in nearly two years
US stocks posted weekly gains of over 1%, with the Dow rising by 7.5% in November and the S&P up 5.7%, both achieving the best performance of the year. The Nasdaq accumulated an increase of over 6%, small-cap indices rose by nearly 11%, the chip index rose by 1.5% on Friday but declined monthly, and Tesla saw a monthly increase of over 38%, its best performance in nearly two years.
Zhihu Analyst Ratings
Citi Maintains Zhihu(ZH.US) With Buy Rating, Cuts Target Price to $4.7
The inflection point of profitability is imminent, AI search is growing rapidly, re-examining the opportunities and value of zhihu (ZH.US; 2390.HK).
From the disclosures in the third-quarter report, the contribution of AI to the performance of technology giants is gradually becoming significant and continuously validating an industry trend: AI has entered the second half of application competition, accelerating commercialization. For example, this is intuitively reflected in the collective appearance of better-than-expected performance growth by overseas AI application companies like Applovin and palantir. In this trend, capital markets also continue to enhance their confidence in AI applications, considering it as one of the main themes of technology investment, driving a surge in the stock prices of some relevant companies at home and abroad. On the other hand, from a broader perspective, the field of AI applications contains abundant investment opportunities, with many opportunities still available.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
Announcement Highlights | Chow Tai Fook's mid-term profit fell by more than 40% year-on-year; Zhihu's Q3 net loss narrowed by 96.8% year-on-year.
① Chow Tai Fook's mid-term profits have dropped more than 40% year-on-year. How is the revenue performance? ② pku resources is expected to incur a loss of over 1.2 billion yuan in the first half of the fiscal year. What factors are impacting this?
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
Zhihu | 6-K: Report of foreign private issuer (related to financial reporting)
Zhihu Inc (ZH) Q3 2024 Earnings Call Transcript Summary
Zhihu Narrows Attributable Net Loss in Q3
Zhihu's Q3 revenue is 0.845 billion yuan, with a year-on-year net loss reduction of 96.8% | Financial report insights.
In the third quarter, Zhihu reported a net loss of 9 million yuan, creating the largest decrease in losses and the least net loss in a single quarter since its listing. The company's AI search product Zhihu Zhi Da continued to show high growth, and in late October introduced a new feature called 'Professional Search' to expand its deep search capabilities.
Zhihu Inc. Renews Key Agreements With Tencent
Express News | zhihu: Renews Framework Agreement with Tencent
Zhihu Q3 24 Earnings Conference Call At 6:00 AM ET
Express News | zhihu's Q3 2024 financial report: Revenue of 0.845 billion yuan, net loss decreased by 96.8% year-on-year.
The adjusted net loss of Zhihu (02390.HK) for the third quarter narrowed to 13.06 million yuan.
Zhihu-W (02390.HK)(ZH.USA) announced its third quarter performance ending September this year, with total revenue of 0.845 billion RMB (same below), down by 17.3% year-on-year. Net loss attributable to shareholders narrowed to 10.491 million RMB, compared to a loss of 0.279 billion RMB in the same period last year. Basic net loss per share was 0.04 RMB, while net loss per American depositary share was 0.11 RMB. Under non-GAAP, Zhihu recorded an adjusted net loss of 13.058 million RMB in the third quarter, significantly narrower than the adjusted net loss of 0.225 billion RMB in the same period last year. Operating loss narrowed to 84.33 million RMB for the period, compared to last year.
ZHIHU-W: INSIDE INFORMATIONUNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDEDSEPTEMBER 30, 2024
Earnings Scheduled For November 26, 2024
One week outlook | Fed meeting minutes with October PCE coming! Dell, Meituan performance successively revealed.
On November 28, the US stock market was closed for Thanksgiving, and on November 29, it closed three hours early; China's official manufacturing PMI for November will be announced on Saturday.
Memo for next week.
On November 25 (Monday), New Zealand's third-quarter core retail sales quarter-on-quarter: previous value decreased by 1%. New Zealand's third-quarter retail sales quarter-on-quarter: previous value decreased by 1.2%. New Zealand's October trade balance: previous value deficit of 2.108 billion new zealand dollars. Japan's September coincident indicators: previous value 115.7. Japan's leading indicators for September: previous value 109.4. Germany's November IFO business current situation index: previous value 85.7. Germany's November IFO business climate index: previous value 86.5. Germany's November IFO business expectations index: previous value 87.3. USA's October Chicago Fed national activity index: previous value negative 0.28. USA's November Dallas.