美股解码Bud

$XIAOMI-W(01810.HK) $Xiaomi Corporation(XIACY.US) On the 24th, Lei Jun, through his wholly-owned company Team Guide Limited, spent over HKD 100 million to increase his holdings of 2.6 million Class B ordinary shares in the open market at an average price of HKD 38.58, raising his personal shareholding ratio to 23.26%. This move came as Xiaomi's stock price had retreated more than 30% from its yearly high, with its market capitalization evaporating nearly HKD 300 billion. 18th...

Following the release of earnings by giants like JD.com and Pinduoduo, their stock prices collectively came under pressure—JD.com's Q3 revenue exceeded expectations but profit margins declined, while Pinduoduo's Temu faced high overseas expansion costs, leading to compressed gross margins—market attention quickly shifted to Alibaba and Meituan. Alibaba will announce its Q2 2026 fiscal year earnings after the market closes on November 25, followed by Meituan on the 28th. The focus is on two key points: whether the profit turning point for the food delivery business has arrived and whether the monetization path of AI investments can spark a valuation reassessment. Currently, signs of 'peaking' competition in food delivery have emerged...

After the U.S. market closed on the 19th, $NVIDIA(NVDA.US) released its Q3 2026 fiscal year earnings report. Revenue was $57.006 billion, up 62% year-over-year; net profit was $31.91 billion, up 65.3% year-over-year; earnings per share were $1.30, up 60% year-over-year. An even brighter Q4 guidance—$65 billion in revenue. CEO Jensen Huang stated: "All cloud GPUs are sold out, and demand for Blackwell far exceeds expectations." This earnings report...

Amid the global AI wave, in the late night of November 18, 2025, Google's Gemini 3 model made an early dazzling debut, not only supporting commercial deployment upon release but also hailed by insiders as a "stunning functional performance" milestone upgrade. This news ignited market enthusiasm, driving a collective rebound in Google-related concept stocks. $Lumentum(LITE.US) saw its stock rise 2% that day, while fiber optic giant $YOFC(06869.HK) surged 8% in early trading on the 19th. Meanwhile...

On the 19th of this month, NVIDIA's 2026Q3 earnings report is about to be released. This highly anticipated report by global investors will not only reveal the latest developments of the AI chip giant in the wave of artificial intelligence but may also directly address the current market's heated debate on the "AI bubble." According to Wall Street consensus, NVIDIA's Q3 revenue is expected to reach approximately $54.84 billion, a 56% year-on-year increase, far exceeding the same period last year, highlighting the strong momentum of its data center business. However, just before the earnings report, Japan's SoftBank Group unexpectedly sold all its NVIDIA holdings...

Berkshire Hathaway (BRK.B), led by Warren Buffett, released its Q3 13F report. Berkshire Hathaway newly acquired 17.85 million shares of Alphabet Class A stock in the third quarter, spending approximately $4.3 billion, making it the tenth-largest holding. Meanwhile, Berkshire continued to reduce its stake in Apple. Amid the global AI wave, this transaction is interpreted by the market as the "Oracle of Omaha" explicitly endorsing Google's AI strategy. Coincidentally, from the end of this month to early December...

On November 13, U.S. President Donald Trump signed a temporary funding bill, ending the longest government shutdown in U.S. history—43 days. The bill will provide continued funding for the federal government, allowing most government agencies to receive operational funds until January 30, 2026. The market reacted immediately. The S&P 500 has risen for three consecutive days. But investors remain uneasy: Is this just the end of political noise, or the prelude to a reversal in U.S. stocks? There is a historical ironclad rule: the stock market rallies after a shutdown ends. Since 1976, the U.S. government has shut down 22 times...

On November 11, Tencent celebrated its 27th birthday; on November 13, the Q3 2025 financial report will be officially released. There is a lot of news and high attention, with major banks generally optimistic. Market expectations are for revenue of 1880–1900 billion yuan, YoY +13%. After the last quarter's earnings report, Tencent's stock price surged from HKD 560+ to a year-high of HKD 683 and is currently hovering around HKD 650. Decoder believes Q3 is highly likely to exceed expectations, with the AI ecosystem transitioning from the "investment phase" to the "eve of monetization," making a breakthrough above HKD 683 very probable...

Amid the global wave of artificial intelligence, GPU cloud infrastructure has become the core battleground for tech giants. NVIDIA, as the dominant player in AI chips, not only leads the market through hardware supply but also invests in emerging players through equity investments. Among them, CoreWeave and Nebius, as two major representatives of "Neocloud," benefit from NVIDIA's strategic support. Both companies operate in the Neocloud space, focusing on providing high-performance GPU cloud services for AI training and inference...

The U.S. government shutdown has lasted for 40 days, the longest in U.S. history, affecting federal employee payments, social welfare, air traffic, and economic data releases, among other areas. According to U.S. media reports on the 9th, the U.S. Senate reached a preliminary agreement to end the longest "shutdown" in federal government history. It is expected that on the 10th, today, it will pass the House of Representatives and be signed, becoming a key step to end the shutdown. This has boosted risk sentiment, with U.S. stock futures, cryptocurrencies, and gold/silver futures all rising, while U.S. Treasury yields rose and safe-haven assets such as the yen fell back. As for the broader market, as of the close of last Friday...

Last week, tech giants such as Amazon, Google, and Microsoft reported strong earnings, with capital expenditures remaining high. Coupled with the positive signals released by NVIDIA at the GTC conference, the AI sector saw an overall upward trend. However, as we entered this week, market sentiment cooled as the positive news from earnings reports was gradually digested. Specifically, this adjustment was mainly influenced by the following factors: concerns over the high valuation of AI concept stocks, cautious attitudes from some Wall Street institutions regarding the future market, and the phenomenon of certain companies "beating earnings expectations but falling instead of rising." For example...

$Tesla(TSLA.US) Tesla (TSLA) opened at a low price on the 4th, then rose to 459. After a tug-of-war between bulls and bears, the bears gained the upper hand, closing down 5.15%. Tesla's daily K-line is in a sideways consolidation, stabilizing at high levels. The market is gearing up for the shareholder meeting on Musk's compensation package. On November 6, Tesla will hold its 2025 Annual General Meeting. The only highly anticipated topic of this meeting is Elon Musk's "2025 CEO Performance Award"...

Microsoft announced a five-year cloud service agreement with Iren worth $9.7 billion, with both parties collaborating in Texas. Cipher Mining has entered into a 15-year lease agreement with Amazon AWS worth approximately $5.5 billion. Although both Iren and Cipher Mining are crypto mining companies, these two collaborations are unrelated to cryptocurrencies but rather involve AI cloud computing, reflecting the AI transformation of crypto mining firms leveraging their low-cost electricity and data center resources...

On November 1st, new energy vehicle companies successively announced their October delivery results. Among them, Xiaomi Auto delivered over 40,000 units; Nio delivered 40,397 units, a year-on-year increase of 92.6%; Li Auto delivered 31,767 units, with the Li i6 selling exceptionally well, far exceeding expectations; XPeng delivered 42,013 units, setting a new monthly delivery record.$XIAOMI-W(01810.HK) showed a downward trend overall in October. In October 2025, Xiaomi Auto's deliveries continued to exceed 40,000 units...

Apple will announce its Q4 financial report after the market closes today. Let's talk about Apple and the "Apple supply chain" stocks. First, let's review Apple's performance. In the first three quarters of 2025, Apple's cumulative revenue reached $313.695 billion, with Q3 single-quarter revenue at $94.04 billion, a year-on-year increase of 9.6%. Notably, service revenue remained strong, reaching $27.4 billion in Q3, effectively offsetting the decline in iPad and wearable device revenue...

Microsoft, Google, and Meta will announce their financial reports after the market closes today. $Microsoft(MSFT.US) Microsoft (MSFT) opened high at 550 in the early trading session on the 28th but quickly fell to 543. Although it rebounded in a V-shape, it fluctuated at low levels in the afternoon and rose slightly at the close, ending up 1.98%. Although Microsoft will no longer have the priority to be OpenAI's computing power provider, it has signed an agreement with OpenAI, and Microsoft will obtain 27% of OpenAI's equity...

Qualcomm announced the launch of two AI inference-optimized chips, AI200 and AI250, to compete with Nvidia in the data center market. Qualcomm's stock price soared by more than 19% during the session. Today, Decoder Brother will talk about this with everyone. First, will the competitive landscape of the AI chip market change? Decoder Brother believes that competition will intensify, but it will be difficult to overturn Nvidia's dominant position in the entire AI chip market in the short term. Qualcomm's AI200 and AI250 chips are positioned in the data center inference market, which is different from Nvidia's current flagship products...

Last Friday, the US CPI data for September was released, with both the overall and core inflation indicators below expectations. The September CPI data collection was completed before the US government shutdown. As the only major economic data since the shutdown, it serves as an important reference for the Federal Reserve's decision on interest rate cuts. This Thursday, the Federal Reserve will hold its interest rate meeting, and the lower-than-expected September CPI data further paves the way for a rate cut. The market generally expects a 25 basis point cut. Although tariffs have caused a 'supply-side shock,' passing increased costs to consumers and potentially raising inflationary pressures...

On the 22nd, the price of gold/USD (XAUUSD.CFD) continued its downward trend, closing down 0.67%. Today, gold prices continued to decline, fluctuating around $4,070. In terms of news, several factors may exert short-term pressure on gold: first, China and the U.S. are expected to meet during the APEC summit, with the market anticipating progress in negotiations; second, the White House hinted at a possible breakthrough in the government shutdown issue; third, the likelihood of Russia-Ukraine ceasefire talks has increased, with both sides expressing willingness to negotiate based on the current frontlines. These factors, combined with gold's previous significant gains...

$Apple(AAPL.US) rose 3.94% on Monday and hit a new all-time high of 265.29 yesterday. Its total market cap reached $3.92 trillion, surpassing Microsoft to become the second-largest company in the U.S. by market cap, second only to NVIDIA. It has basically stabilized at 262. If profit-taking has been fully digested and trading volume remains stable, it may fluctuate around this level or experience a pullback. However, Q4 earnings will be released at the end of October, and Decode Bro estimates it will still be positive, so there's no need to rush. For those holding positions, consider taking small profits at 264-265, while waiting for the pre- and post-earnings trends and the actual earnings report for the majority of positions...

Tesla's fundamentals are under pressure, with Q1 revenue growth year-on-year at -9.23%, net profit growth at -71.44%, Q2 revenue growth at -11.78%, and net profit growth at -16.29%. Both quarters showed negative growth in revenue and profit. Vehicle deliveries in Q1 grew by -12.96% year-on-year, and Q2 by -13.78%, also indicating a negative growth trend. This is due to tariff reasons and the decline in Tesla's market share in the new energy vehicle sector. Q3 should be better, with nearly 500,000 deliveries driving strong performance...

Monday is here, and a lot happened last Friday. Two U.S. regional banks, ZION and WAL, disclosed on Thursday that borrowers failed to repay their loans, forcing them to be written off as bad debts and treated as losses. This will impact profitability. Although they are just two regional banks, it has raised market concerns, with all three major indices falling. However, given the situation in 2024, the losses of these two banks can be absorbed by profits, with minimal impact on capital adequacy ratios. Moving forward, the financial reports of these two banks will be released today and tomorrow, respectively, and attention can be paid to the impact of these bad debts on the Q3 financial reports...

At 8 p.m. on October 9, JD.com officially kicked off the 2025 "Double 11" shopping festival, starting five days earlier than last year. On the same day, Douyin E-commerce also launched its "Double 11 Good Things Festival." Platforms like Taobao and Kuaishou followed suit, with the overall promotional schedule moved up and the campaign period further extended. Platform strategies focus on three key directions: "Simplified Rules," "AI Empowerment," and "Instant Retail." The early start of this year's "Double 11" reflects e-commerce platforms' proactive efforts to adapt amid declining traffic dividends...

On the 14th, the three major indices showed basically the same intraday trend, all fluctuating upwards before falling at the close. Goldman Sachs, JPMorgan Chase, and others reported Q3 revenues exceeding expectations, with year-on-year growth, indicating a market recovery driven by economic soft landing, including M&A and IPOs. Of course, it also reflects trading income benefiting from market volatility, such as interest rate cuts and tariff policies. However, Trump's trade-related remarks—"The U.S. is considering terminating trade in edible oils and other products, noting that the U.S. can produce edible oil domestically and doesn’t need imports"—pulled the rally back down...

OpenAI recently made strategic moves by announcing a partnership with Broadcom to jointly produce its first self-designed AI processor, following collaborations with SoftBank, NVIDIA, Oracle, AMD. OpenAI will handle chip design while Broadcom oversees development and deployment, targeting a total computing power of 10GW for the custom chip. Broadcom surged over 9% on the 13th—every OpenAI partnership is bullish news (imagine the gains for insiders without SEC oversight). The AI bubble theory was already prevalent, and this amplifies it further...