Source: Cailian
Financial Union, October 22 (Editor Xia Junxiong) On Tuesday Eastern Time, the three major indexes were mixed. With the assists of companies such as Coca-Cola and 3M, the Dow hit a record high, the S&P 500 closed flat, and the Nasdaq fell slightly.
As of the close, the Dow Jones index rose 0.47% to 46,924.74 points; The S&P 500 closed flat at 6,735.35 points; The Nasdaq fell 0.16% to 22,953.67 points.
Gold fell by 5.7 per cent in one day, recording the biggest single-day drop since 2013. Just the day before, the hedge asset just broke a record. The price of silver also fell sharply, falling by 8.7 per cent, recording the biggest drop since 2021.
Coca-Cola and 3M rose 4.1% and 7.7% respectively after their latest earnings reports exceeded Wall Street expectations, supporting the Dow's gains. Coca-Cola and 3M are both Dow members.
Another traditional industrial share of General Motors rose 14.9%, before the company upgraded its year-round performance guidelines and exceeded market expectations.
A solid start to the third-quarter earnings season boosted investor sentiment and pushed U.S. stocks near all-time highs again.
According to FactsSet data, as of last Friday, 86% of the companies had profits exceeded expectations. This week, about one-fifth of the PepsiCo 500 component stock companies will publish their earnings reports.
Navellier & Associates创始人兼首席投资官Louis Navellier表示：“大型跨国公司公布的业绩普遍好于预期，这是个好迹象。这意味着第三季度财报季开局良好，我们有望迎来强劲的年末行情。”
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Large technology stocks were mixed, with Nvidia down 0.81%, Apple up 0.20%, Microsoft up 0.17%, Google down 2.37%, Amazon up 2.56%, Meta up 0.15%, and Tesla down 1.08%.
Most of the shares fell, the Nasdaq China Gold Range Index fell 0.97%, Alibaba fell 3.92%, Kyoto dropped 2.75%, Zhejiang dropped 0.65%, Zhejiang car dropped 3.68%, Zhejiang car rose 0.09%, ideal car dropped 2.35%, Zhejiang rose 5.84%, Zhejiang dropped 2.44%, Networks dropped 0.65%, Tencent music rose 0.31%, Zhejiang fell 1.99%.
company news
[OpenAI launches AI browser Atlas to compete head-on with Google Chrome]
On Tuesday (October 21) local time, artificial intelligence (AI) research company OpenAI released a new web browser powered by AI-ChatGPT Atlas, which directly competes with Google's Chrome browser.
OpenAI said that the appearance and user experience of Atlas are similar to those of traditional browsers, but its biggest feature is that it is built with the generative AI chatbot ChatGPT as its core. This means that users can directly call ChatGPT on any web page to achieve functions such as summarizing content, asking questions, or performing tasks.
At present, the Atlas browser is open to macOS users worldwide.OpenAI says the versions of Windows, iOS and Android will be available soon.
[News that Apple could fold iPad development blocked or postponed until release in 2029]
Sources say that Apple is developing an iPad with an 18-inch foldable screen, but the project is currently facing obstacles and may delay the original release time.
According to people familiar with the matter, the price of this device is expected to be about $3,000. Apple has been developing it for many years, and the original goal was to launch it in 2028. However, due to engineering challenges in weight, functionality and display technology, the official release may be postponed to 2029 or later.
[Nafia's third quarter revenue reached $115.1 billion, up 17.2% compared to the same year]
Nafta $115 billion in revenue in the third quarter, up 17.2% compared to the previous year; expected $119.6 billion in revenue in the fourth quarter; net profit in the third quarter of $25.47 billion, up from $23.64 billion in the same period last year; and $5.87 per share earnings in the third quarter.
Nipple disc dropped by 7%.
[Texas Instruments Reached $47.4 Billion in Third Quarter]
Texas Instruments generated revenues of $47,4 billion in the third quarter, up 14 percent, and the market forecast $46,5 billion; capital expenditure of $1,2 billion in the third quarter, and market forecast of $12,8 billion; earnings per share of $1,48 in the third quarter, and market forecast of $1,49. Texas Instruments forecast revenues of $42,2 million to $45,8 million in the fourth quarter, and market forecast of $4,5 billion.
As third-quarter earnings fell short of expectations, Texas Instruments exceeded 8% after hours.
Microsoft CEO’s annual salary is close to $100 million
U.S. Securities and Exchange Commission documents show that Microsoft Chairman and CEO Satya Nadella's total salary in 2025 is US $96.5 million, including US $84.2 million in equity awards.