Broadline Retail

BABA-W

Today’s Key News Recap

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1211 | Dolphin Research Focus: 🐬 Macro/Industry 1) The Fed cut rates by 25bps to 3.50%-3.75%, the third cut this year, in line with market expectations. It also announced $40bn of short-dated Treasury purchases over the next 30 days.Powell ruled out further hikes, saying rates are at the upper end of neutral. The message signals a shift from fighting inflation to supporting growth, even preempting a recession.🐬 Single stocks 1) $Microsoft(MSFT.US). CEO Satya Nadella made public remarks in Bengaluru, India...

Netflix

POP MART

Alphabet - C

Alphabet

One Stop

Meta Platforms

Warner Bros. Discovery

Paramount Global

Apple

Broadcom

Louis Vuitton

Microsoft

Costco Wholesale

Destiny Tech100

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Alibaba

Direxion Daily Googl Bear 1x Shares

Direxion Daily GOOGL Bull 2X Shares

POP MART HK SDR 20to1

Alibaba HK SDR 5to1

Microsoft's Agent AI Debuts Friday; LVMH Greater China Head Joins Pop Mart | Daily News Recap

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1205 | Dolphin Research Key Focus: 🐬 Stock 1, $BIDU-SW(09888.HK) According to reports, Kunlun Chip (Baidu's AI chip subsidiary) has initiated preparations for listing in Hong Kong, planning to submit the application in the first quarter of 2026 and complete the IPO in early 2027, with the latest valuation of approximately 21 billion RMB. Baidu is the largest shareholder. It has released products such as Kunlun Chip M100 and M300, with tens of thousands of cards deployed, serving as the core foundation of Baidu's AI computing power, and also providing computing power services to external enterprises. The news pushed Baidu's stock price to rise over 8% at one point...

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KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

Xinyuan Real Estate

WB-SW

Weibo

Us 12 Mth Natural Gas

Baidu HK SDR 10to1

Baidu Spins Off Kunlunxin for IPO; Ele.me Completes Official Rebranding | Today's Important News Recap

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AI glasses are regarded as the 'next-generation personal mobile gateway' and are also the most likely mobile terminal to challenge smartphones.

LI AUTO-W

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Amazon

Huawei

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ByteDance

Li Auto

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Xiaomi Corporation

Direxion Daily AMZN Bull 2X Shares

Xiaomi HK SDR 2to1

Alibaba, ByteDance, and Li Auto are rushing into the market; are AI glasses becoming the 'next big thing'? (Minutes)

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1202 | Dolphin Research Key Focus: 🐬 Macro/Industry 1. DeepSeek simultaneously launched two official versions of AI models, DeepSeek-V3.2 and DeepSeek-V3.2-Speciale. The former's inference capability is close to GPT-5, with tool invocation reaching the top level of open-source models; the latter won four international competition gold medals, specializing in complex tasks. The models introduce the DSA sparse attention mechanism, significantly reducing inference costs. The dual-model strategy precisely covers different needs, and technological breakthroughs narrow the gap between open-source and closed-source models...

NVIDIA

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Synopsys

Apple Group

Shopify 

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GraniteShares 2x Long AAPL Daily ETF

Direxion Daily AAPL Bear 1x Shares

Direxion Daily AAPL Bull 2X Shares

T-Rex 2X Long Apple Daily Target ETF

Global Tech Blitz: Nvidia Invests in Synopsys, Apple AI Shakeup, Alibaba Updates AI Model | Today's Important News Recap

Meituan

Conference Minutes

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The following are the Minutes of the FY25 Q3 earnings call for $MEITUAN(03690.HK) organized by Dolphin Research. For an interpretation of the financial report, please refer to &#34;Meituan: A Loss of Nearly 20 Billion! Did Alibaba Really Succeed in Stealing the House This Time?&#34; 1. Review of Core Financial Data Performance Overview: Total Revenue: 95.5 billion yuan (YoY +2%). Profitability: Operating cost rate 73.6% (YoY +12.9pts), mainly due to rider incentives and rising overseas costs; adjusted net loss of 16 billion yuan, affected by irrational industry competition and strategic investments...

Meituan HK SDR 5to1

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Meituan (Minutes): 3Q loss peaks, but 4Q will continue the loss trend

Financial Analysis

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$MEITUAN(03690.HK) released its Q3 earnings after the Hong Kong stock market closed on November 28th, being the last among the 'Three Fools' in the food delivery battle. During the summer quarter, which saw the most intense subsidies, Meituan reported a massive operating loss of 19.8 billion, compared to JD.com's 'slight loss' of about 1 billion and Alibaba's remaining profit of approximately 5 billion. As the defending party under attack, Meituan's situation is much more severe compared to Alibaba and JD.com. Key points are as follows: 1. Is Meituan's actual loss 80% of Alibaba's?: First, let's look at the most concerning issue of losses. This quarter, the operating loss of the local commerce segment reached as high as 14.1 billion...

JD-SW

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JD HK SDR 10to1

Meituan: A staggering loss of nearly 20 billion! Did Alibaba really succeed in this takeover?

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1127 | Dolphin Research Focus: 🐬 Macro/Industry 1. The Office of the United States Trade Representative announced that the exemption of certain tariffs on Chinese goods, established under Section 301 due to issues related to technology transfer and intellectual property, will be extended until November 10, 2026. The original exemption was set to expire on November 29. In the short term, this can provide a 'safe period' for Chinese export enterprises in terms of orders and profits, and also reduce costs for American importers and consumers. However, the overall tariff framework remains unchanged, and the competition between China and the U.S. in high-tech fields will continue...

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News

Alibaba AI Glasses Enter the Market, Meituan Financial Report to be Released Tomorrow | Today's Important News Recap

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1126 | Dolphin Research Key Focus: 🐬 Stocks 1. $MEITUAN(03690.HK) Meituan saw a significant rebound today. Alibaba's China E-commerce Business Group CEO, Jiang Fan, pointed out that the first phase of Taobao Flash Sale's scale expansion has ended, and it has now entered the second phase, which is the 'efficiency optimization' phase. This implies that the disorderly cash-burning competition Meituan faces is expected to ease, leading to a more stable market structure, temporarily alleviating Meituan's profitability pressure. Meituan rose over 5% today. 2. $Baidu(BIDU.US) Baidu announced the establishment of a foundational model R&amp;D department and an application model R&amp;D department...

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Tencent Holdings Limited

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Tencent HK SDR 10to1

Meituan's Stock Rallies Strongly; Li Auto Announces AI Glasses Entry | Today's Important News Recap

The following are the minutes of Alibaba's FY26Q2 earnings call organized by Dolphin Research. For an interpretation of the financial report, please refer to &#34;AI Shapes the Soul, Consumption Shapes the Root, Has Alibaba Finally Stood Up?&#34; 1. Review of Core Financial Information 2. Detailed Content of the Earnings Call Core Information from Management Statements 1. Progress of the &#34;AI + Cloud&#34; Strategy a. Performance: Driven by strong demand for AI, Alibaba Cloud's external commercialization revenue accelerated to a growth of 29%. Revenue from AI-related products achieved triple-digit year-on-year growth for nine consecutive quarters. Market share has comprehensively increased in several sub-sectors (hybrid cloud, financial cloud)...

MediaAlpha

Urban Edge Properties

Ameriprise Financial

Alibaba (Minutes): No AI bubble within three years, Flash Sale UE losses have halved from the peak

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$Alibaba(BABA.US) released its Q2 FY2026 results during US pre-market trading on 25 November. The two key market concerns this quarter centred on investments driven by its food delivery business and the growth trajectory of its cloud operations: Regarding the former, food delivery losses this quarter are estimated at approximately ¥36 billion, falling within the lower end of the company's prior guidance range. Meanwhile, cloud services revenue growth accelerated beyond expectations to 34.5%, with profit margins remaining stable year-on-year – outperforming already robust projections. Bloomberg's consensus estimates were not updated in time for this quarter, rendering them of limited reference value...

SUNART RETAIL

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

AI shapes the soul, consumption shapes the roots, has Alibaba finally stood up?

Alibaba Cloud Anti-DDoS products to be upgraded

Alibaba releases Q2 FY2026 financial report, showing strong growth in its major consumer platform and AI+Cloud businesses

Hong Kong's Hang Seng Index closes down 1.34%, Tech Index falls 2.48%

Alibaba's Qwen Model Series Exceeds 600 Million Downloads Globally

Alibaba's Tongyi Large Model Announces "Tongyi Bailin" Upgrade

Ant Group Upgrades its AI Health App 'AQ' to 'Ant Afu'

National Bank of Canada FI discloses significant increase in Alibaba stake during Q2

Alibaba DAMO Academy's medical AI model was selected for a national-level list for tackling the challenge of missed diagnosis of aortic dissection.

Alibaba Reduced Its Holding in Xinhong Macau H Shares

Southbound funds recorded a net purchase of HK$935 million in Alibaba-W shares on December 15

Alibaba's investment arm undergoes strategic adjustment, intensively reducing holdings in traditional assets while increasing investment in frontier technology

Alibaba Cloud Open Sources Fun-CosyVoice3-0.5B and Fun-ASR-Nano Models

Alibaba's stock price fell on Monday amid market concerns over AI spending

HEFANG Jewelry Successfully Enters Global Market Through Original Designs and Tmall

Alibaba's Hong Kong stock opens down over 2%

Technology 30 (513160) ETF share increased by 116 million, with Alibaba as the top holding

E Fund's Hong Kong stock consumer ETF sees share increase, with Alibaba as its top holding

ET Net reports Northbound funds net sold HK$3.37 billion of Alibaba shares last Friday

Alibaba selected as an excellent case of social responsibility for Chinese private enterprises in 2025 for aiding rural revitalization with digital technology

Asian structured investment products are gaining popularity again, with Alibaba being the most popular underlying stock.