Daily US Stock Market News Briefing (Thursday, October 24)
Important News 1. In the week ending October 19, the initial jobless claims in the United States reached 227,000, hitting a new low since September 28, 2024. Stock News 1. Tesla (TSLA.O) reported revenue of $25.18 billion in the third quarter, an 8% year-on-year increase, falling short of the expected $25.37 billion; net profit for the third quarter was $2.167 billion, exceeding the expected $1.78 billion, with a gross margin of 19.8%, higher than the expected 17.3%. 2. IBM (IBM.N) recorded third-quarter revenue of $14.97 billion, a 1.5% year-on-year increase, below analysts' expectations of $15.07 billion; a net loss of $330 million, a loss of 36 cents per share, and an adjusted earnings per share of $2.30, higher than analysts' expected $2.23. 3. Boeing (BA.N) factory workers in the United States rejected a labor contract in a union vote, and the strike is set to escalate. 4. Siemens (SIEGY.O) is reportedly in negotiations for a potential deal to acquire software manufacturer Altair Engineering (ALTR.US), which would be one of Siemens' largest acquisitions to date. 5. Apple (AAPL.O) released a developer beta of Apple Intelligence, featuring a range of functions including the long-awaited ChatGPT integration. 6. According to sources, the new Apple MacBook Air with Apple's AI M4 chip is set to be launched in early 2025. 7. Novo Nordisk (NVO.N) is pressuring the U.S. FDA to restrict semaglutide generics and add them to the list of difficult-to-synthesize drugs. 8. A panel of experts from the Centers for Disease Control and Prevention in the United States supports expanding the age for pneumococcal vaccine administration, a decision that could significantly expand the vaccine market for Pfizer (PFE.N) and Merck (MRK.N). 9. Arm (ARM.O) responds to the licensing dispute with Qualcomm (QCOM.O): fully prepared for the December trial