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• The U.S. presidential election enters a crucial moment! Trump wins Kentucky and Indiana, while Harris wins Vermont.

On November 5th, Eastern Time, the United States will hold the 60th presidential election, with current Vice President Harris officially facing off against former President Trump. Currently, according to the Associated Press, Trump wins Kentucky and Indiana, while Harris wins Vermont.

According to CNN on November 5th, local time, Jeff Fleming, a spokesperson for Milwaukee, Wisconsin, stated that after confirming that the door on the tabulating machine was not properly closed, the city will "very cautiously" recount approximately 0.03 million absentee ballots through the machine. Fleming said all tabulators were reset to zero, and the ballots will be run through the machines again. He mentioned that this might add a few more hours to the counting process. Fleming stated that the machine issue was a human error, and "we do not believe they were tampered with in any way".

• Goldman Sachs top traders: 'Fasten your seat belts' on election day, any clear outcome will greatly impact US stock market volatility.

On Tuesday, November 5th, the decisive day of the U.S. election arrived, with Goldman Sachs top traders and hedge fund research head Tony Pasquariello warning that on election day, individuals preferring risk investments should "buckle up", noting that fund managers have recently proactively reduced risk. For stocks, the most clear point for Pasquariello is that any seemingly clear election outcome will quickly cause implied volatility to suffer heavy blows.

• How does the election results affect cryptos? Bitcoin's impact is limited, while small coins may face a major shake-up.

On Tuesday, Bitcoin rose nearly 5%, surpassing $70,500 during trading. Dogecoin surged 18%, partially benefiting from comments by its long-time supporter Musk. The cryptocurrency market is expected to be extremely sensitive to the election results, with strong demand for Bitcoin options surrounding the U.S. election. Some industry insiders believe that the U.S. election does not have much impact on Bitcoin. Altcoins are either big winners or big losers.

Gamestop's surge has dramatically narrowed, with the trading platform considering unplugging the internet of US retail investors.

• Tech giants drive the simultaneous rise of the three major indices, with Nvidia's market cap rising to the top spot globally.

As the U.S. election is about to enter the voting phase, the U.S. stock market closed higher on Tuesday driven by the collective rise in tech stocks. At the close on Tuesday, the S&P 500 index rose by 1.23%, reaching 5,782.76 points; the Nasdaq index rose by 1.43%, reaching 18,439.17 points; the Dow Jones Industrial Average rose by 1.02%, reaching 42,221.88 points.

U.S. tech giants collectively strengthened, with Nvidia rising by 2.84%, surpassing Apple with a market cap of 3.43 trillion U.S. dollars to become the "global stock king"; Apple up by 0.65%, Microsoft by 0.73%, Amazon by 1.90%, Meta by 2.10%, Google-A by 0.30%, Tesla by 3.54%, Intel by 3.55%.

Chinese concept stocks continued to perform well on Tuesday, with the Nasdaq Golden Dragon Index rising by 1.63%. Alibaba rose by 0.82%, Baidu rose by 1.57%, PDD Holdings fell by 0.14%, JD.com rose by 0.43%, Netease rose by 1.44%, NIO Inc rose by 2.72%, Li Auto Inc rose by 3.61%, Xpeng rose by 6.13%, Bilibili rose by 5.55%.

• Super Micro Computer fell nearly 15% after hours, with second quarter net sales outlook lower than expected.

$Super Micro Computer (SMCI.US)$ After hours, it fell nearly 15%. The preliminary estimated adjusted EPS for the first quarter of Super Micro Computer is $0.75-0.76, with analysts expecting $0.74. Preliminary estimated net sales for the first quarter are $5.9 billion-6 billion, with analysts expecting $6.47 billion. The preliminary estimated gross profit margin for the first quarter is 13.3%, with analysts expecting 12%. There is no evidence of fraud or mismanagement by the company's board of directors. It is still uncertain when the 10-K report will be submitted. It is recommended to take a series of remedial measures. All actions will be taken to achieve compliance with the Nasdaq Exchange regulations. It is expected that the net sales for the second quarter will be $5.5 billion-6.1 billion, with analysts expecting $6.79 billion.

• Trump Media & Technology Group rose nearly 6% after hours, once rising nearly 18% intraday.

$Trump Media & Technology (DJT.US)$ After hours, it rose nearly 6%, the stock closed down 1.16%, and it once rose nearly 18% intraday, but plummeted straight before the close, triggering multiple circuit breakers. Export polling results show that 44% of voters nationwide have a positive view of Trump, while 48% support Harris. In Pennsylvania (voters), Trump is positively rated by 47%, while Harris is at 46%; In North Carolina (voters), Trump's positive rating is 43%, while Harris is at 48%; In Georgia (voters), Trump is positively rated by 46%, while Harris is at 49%. In addition, regulatory filings show that the company's third quarter net sales were $1 million, with a net loss of $19.2 million and a loss per share of $0.10.

• Palantir surged over 23%, exceeding expectations in Q3 performance, and raised its annual revenue guidance.

Data analysis company $Palantir (PLTR.US)$ Rising more than 23%, Palantir's third-quarter revenue was $0.726 billion, a 30% year-on-year increase, exceeding market expectations; net income was $0.144 billion, reaching a historical high; non-GAAP EPS was $0.10, higher than market expectations. The company has raised its full-year revenue forecast to $2.805 billion-$-2.809 billion.

• Apple is facing an escalation in its conflict with EU regulators, about to face the first fine under the 'Digital Markets Act.'

$Apple (AAPL.US)$ About to face the first fine under the EU's newly introduced anti-trust rules for the digital market, marking an escalation in Apple's conflict with regulatory authorities over the lucrative App Store dominance. Sources reveal that regulators are preparing penalties because Apple has failed to allow app developers to guide users to make purchases outside of the App Store for cheaper deals and discounts. The forthcoming penalties are based on the strict new Digital Markets Act.

• Is OpenAI getting into hardware? Former head of Meta's AR glasses project joins to lead robotics work.

Former head of Meta's Orion augmented reality glasses project, Caitlin 'CK' Kalinowski, has joined OpenAI on Tuesday to lead OpenAI's work in robotics and consumer hardware.

BeiShui crazily bought China Mobile for nearly HKD 1.8 billion and sold Tencent for about HKD 200 million. On Monday (June 3rd), Southbound funds net purchased HKD 3.4 billion of Hong Kong stocks.

• Beishui bought more than 2 billion Hong Kong dollars worth of tracker funds, increased holdings of Tencent and Alibaba by more than 0.6 billion Hong Kong dollars, and sold more than 1 billion Hong Kong dollars worth of Semiconductor Manufacturing International Corporation.

On November 5 (Tuesday), the southbound funds today net purchased 9.426 billion Hong Kong dollars of Hong Kong stocks.

$TRACKER FUND OF HONG KONG (02800.HK)$,$TENCENT (00700.HK)$,$BABA-W (09988.HK)$Received net purchases of 2.025 billion Hong Kong dollars, 0.663 billion Hong Kong dollars, 0.653 billion Hong Kong dollars respectively;

$SMIC (00981.HK)$,$LI AUTO-W (02015.HK)$,$SUNAC (01918.HK)$They were net sold for HKD 1.016 billion, 0.176 billion, and 0.139 billion respectively.

The company's overall sales volume in 2023 was 18,000 kiloliters, with a year-on-year increase of 28.10%, indicating significant growth. In terms of product structure, the operating income of products worth 10-30 billion yuan were 401/1288/60 million yuan respectively.

Keywords: novo-nordisk/qualcomm/amc entertainment financial report, final value of October s&p global services PMI in the USA

On Wednesday, in terms of economic data, the USA will announce a series of data including the final value of October s&p global services PMI, global supply chain pressure index for October, EIA crude oil inventories for the week of November 1st; the Eurozone will release the final value of October services PMI, September PPI monthly rate, and other data.

In terms of performance, in the Hong Kong stock market $AUTOHOME-S (02518.HK)$ Will release the latest performance, in the Japanese stock market. $Toyota Motor (7203.JP)$ Will announce financial reports, in the American stock market. $Novo-Nordisk A/S (NVO.US)$Please use your Futubull account to access the feature.$Qualcomm (QCOM.US)$Please use your Futubull account to access the feature.$Arm Holdings (ARM.US)$Please use your Futubull account to access the feature.$AMC Entertainment (AMC.US)$ and other companies will also be releasing their financial reports.

In terms of financial events, the U.S. Department of the Treasury announced a new season debt issuance plan; the Bank of Canada released the minutes of the monetary policy meeting.

Futubull Morning News:

In the long term, those who can delay satisfaction will live better.
"- Charlie Munger"

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