--- title: "Global news you need to know before Monday's U.S. stock market opens" type: "News" locale: "en" url: "https://longbridge.com/en/news/266219761.md" description: "White House economic advisor Hassett stated that the labor market may be calm, and the Federal Reserve should be data-driven. Japan's long-term bonds are being sold off, with the 20-year yield hitting a new high. Google rose over 5% in pre-market trading, with Berkshire buying Alphabet shares. Alibaba announced its entry into the AI market. SMIC's high memory prices affect Q4 guidance. Novo Nordisk launched a low-cost weight loss drug. Luckin Coffee's revenue grew by 50%, while net profit declined. Geely Auto's profit increased by 59%. XPeng's revenue doubled, and losses narrowed. Morgan Stanley predicts a target price of 7,800 points for U.S. stocks in 2026. The European Central Bank warns of stablecoin risks. The Nikkei 225, Shanghai Composite, and Hang Seng Index all fell" datetime: "2025-11-17T13:56:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266219761.md) - [en](https://longbridge.com/en/news/266219761.md) - [zh-HK](https://longbridge.com/zh-HK/news/266219761.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/266219761.md) | [繁體中文](https://longbridge.com/zh-HK/news/266219761.md) # Global news you need to know before Monday's U.S. stock market opens White House economic advisor Hassett: The labor market may be extremely calm for a while, and it's time for the Federal Reserve to truly be "data-driven." Concerns over fiscal expansion triggered a sharp sell-off in Japanese long-term bonds, with the 20-year yield soaring to its highest level since 1999. Google's pre-market shares rose over 5% at one point, as Berkshire Hathaway bought 17.85 million shares of Google's parent company Alphabet in the third quarter. Alibaba officially announced the "Thousand Questions" project, fully entering the AI to C market. SMIC responded to the Q4 guidance, stating there is no significant leap: high memory prices have led customers to adopt a wait-and-see approach, and the high-price situation is expected to continue. Novo Nordisk: Launching a weight loss drug priced lower than Eli Lilly's. Luckin Coffee's Q3 net revenue grew by 50% year-on-year, while net profit attributable to ordinary shareholders decreased by 2.7%, with the average monthly active customers surpassing 100 million for the first time. Geely Auto's Q3 profit increased by 59%, while ZEEKR's delivery volume grew by 13% year-on-year. XPeng's Q3 revenue doubled, with net losses significantly narrowing by nearly 80%, and Q4 deliveries and revenue are expected to increase by over 30% year-on-year. Morgan Stanley stated that the target price for the U.S. stock market by the end of 2026 is 7,800 points. ECB officials warn: The systemic risks of stablecoins cannot be ignored, especially in the event of a run or a forced shift in interest rate policy. Nikkei 225 closed down 0.1%, Shanghai Composite Index closed down 0.46%; Hang Seng Index closed down 0.71 ### Related Stocks - [Alphabet Inc. (GOOG.US)](https://longbridge.com/en/quote/GOOG.US.md) - [Geely Automobile Holdings Limited (GELYY.US)](https://longbridge.com/en/quote/GELYY.US.md) - [GEELY AUTO (00175.HK)](https://longbridge.com/en/quote/00175.HK.md) - [XPeng Inc. (XPEV.US)](https://longbridge.com/en/quote/XPEV.US.md) - [XPENG-W (09868.HK)](https://longbridge.com/en/quote/09868.HK.md) - [Luckin Coffee Inc. (LKNCY.US)](https://longbridge.com/en/quote/LKNCY.US.md) - [ProShares UltraShort Yen (YCS.US)](https://longbridge.com/en/quote/YCS.US.md) ## Related News & Research - [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/en/news/281331957.md) - [Experts urged Google to prohibit AI Videos targeting young YouTube users](https://longbridge.com/en/news/281386661.md) - [Google's Nobel Prize-Winning AI Chief: 'We Don't Feel Any Pressure' While OpenAI Burns $14 Billion](https://longbridge.com/en/news/281220147.md) - [Geely pools European development in new unit](https://longbridge.com/en/news/280871629.md) - [Insig AI Plans Growth Drive and Eyes Nasdaq Dual Listing](https://longbridge.com/en/news/281311983.md)