---
title: "Daily US Stock Market News Briefing (November 20, Wednesday)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/220218466.md"
description: "1. Haier Group declined to comment on rumors regarding the acquisition of Autohome. 
2. Tesla expressed its intention to procure HBM4 from SK Hynix and Samsung. 
3. Xinyang's Q3 revenue decreased by 3.5% year-on-year, and Q4 guidance fell short of expectations. 
4. Nio's Q3 gross profit reached 2.007 billion yuan, an increase of 31.78% year-on-year. 
5. Manbang's Q3 revenue increased by 33.9% year-on-year to 3.03 billion yuan, with net profit hitting a record high. 
6. Intel launched a new MRDIMM high-speed memory, with bandwidth increased by nearly 40%. 
7. T-Mobile stated that it has not decided to end its cooperation with Nokia. 
8. Target's Q3 performance fell short of expectations, leading to a downward revision of its full-year guidance. 
9. GlaxoSmithKline's IBAT inhibitor treatment was successful. 
10. Apple's iPhone sales declined during Double Eleven. 
11. Analysts expect Nvidia's Q3 revenue to grow by 84% year-on-year"
datetime: "2024-11-20T13:29:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/220218466.md)
  - [en](https://longbridge.com/en/news/220218466.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/220218466.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/220218466.md) | [繁體中文](https://longbridge.com/zh-HK/news/220218466.md)


# Daily US Stock Market News Briefing (November 20, Wednesday)

1.  Haier Group responds to the acquisition of Autohome (ATHM.N): does not comment on market rumors.
    
2.  Tesla (TSLA.O) has expressed its intention to procure HBM4 from SK Hynix and Samsung.
    
3.  New Oxygen (SY.O) Q3 revenue decreased by 3.5% year-on-year, and Q4 revenue guidance fell short of expectations.
    
4.  Nio (NIO.N) reported a gross profit of 2.007 billion yuan in the third quarter, an increase of 31.78% year-on-year.
    
5.  Manbang (YMM.N) reported a 33.9% year-on-year increase in Q3 revenue to 3.03 billion yuan, with net profit hitting a record high.
    
6.  Intel (INTC.O) launched a new MRDIMM high-speed memory, with peak bandwidth increased by nearly 40%.
    
7.  T-Mobile issued a statement saying that the company has not decided to end its partnership with Nokia (NOK.N).
    
8.  Target (TGT.N) Q3 performance fell short of expectations and lowered its full-year guidance, causing a sharp decline in the U.S. retail sector.
    
9.  GlaxoSmithKline (GSK.N) successfully completed Phase III study of IBAT inhibitors for treating PBC-related cholestatic pruritus.
    
10.  Counterpoint: Apple's (AAPL.O) iPhone sales in China during Double Eleven fell by double-digit percentages.
     
11.  Wall Street analysts generally expect Nvidia (NVDA.O) to report a total revenue growth of 84% year-on-year in the third fiscal quarter, with net profit soaring to $17.45 billion

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