Overview of Key Events This Week
Trump is planning to launch the “Genesis Mission” at the White House next Monday. The initiative draws parallels to the “Manhattan Project” and the “Space Race.” The directive may call for national laboratories to undertake more work in emerging AI technology fields and could involve public-private partnership mechanisms.
Trump has also called on Congress to pass federal AI regulatory standards, advocating for a unified federal approval process to avoid obstacles caused by fragmented state-level regulation.
Ahead of the Federal Reserve’s December policy meeting, a series of key economic data delayed due to the government shutdown will be released in a concentrated period.
The U.S. Department of Commerce announced that the revised third-quarter GDP, October personal income and expenditure, as well as the PCE price index report, will be released on November 26, next Wednesday. The U.S. Department of Labor stated that the September PPI will be released on November 25.
The market expects that, driven by consumer spending, the growth rate of the U.S. economy during the quarter is still expected to exceed 3.0%. It is anticipated that there will not be a significant acceleration in the PCE price index, the Fed’s preferred inflation gauge.
Trump issued an ultimatum, stating that November 27 is the deadline for Ukraine to accept the U.S.’s ’28-point plan’. According to reports from CCTV News, key points of the ’28-point plan’ include Russia and Ukraine signing a non-aggression pact with Europe, and Ukraine committing not to join NATO. Zelenskyy proposed an alternative peace plan but insisted that ‘Ukraine will never give the enemy a reason to claim that Ukraine does not want peace.’ However, Trump stated that Zelenskyy must agree to this peace plan; otherwise, the conflict will continue. Putin indicated that Russia is willing to engage in peace talks, but this requires substantial discussions on all details of the plan.
According to Wall Street News, Michael Burry recently posted on his social media platform that tech giants are artificially inflating earnings by underestimating depreciation through the extension of the ‘useful life’ of assets. He estimates that from 2026 to 2028, large technology companies will overstate profits by $176 billion due to underestimated depreciation.
Burry promised to disclose more details on November 25. He specifically noted that by 2028, Oracle’s profits might be overstated by 26.9%, while Meta’s profits could be inflated by 20.8%.
Next week, China will release its official manufacturing PMI for November and industrial profits above designated size for October. Looking back at last month, due to factors such as the early release of some demand before the National Day holiday and a more complex international environment, the level of manufacturing activity declined somewhat. China’s official manufacturing PMI for October fell to 49, although high-tech manufacturing, equipment manufacturing, and consumer goods industries continued to expand.
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Alibaba, Meituan, Li Auto, and Nio Earnings Reports
The earnings season continues, $Alibaba (BABA.US)$ with financial reports set to be released pre-market on Tuesday next week. $MEITUAN-W (03690.HK)$ The latest earnings report will be released pre-market next Friday. The leading new energy vehicle company $Li Auto (LI.US)$ 、 $NIO Inc (NIO.US)$ will also announce its earnings.
In addition, the star Robotaxi company from the November Hong Kong IPO, $PONY-W (02026.HK)$ and $WERIDE-W (00800.HK)$ , as well as $Dell Technologies (DELL.US)$ 、 $HP Inc (HPQ.US)$ 、 $CHOW TAI FOOK (01929.HK)$ 、 $BOSIDENG (03998.HK)$ Earnings reports from companies such as are also forthcoming.
Key earnings calendar for the new week
Monday (November 24)
Keywords: US AI New Policy “Genesis Plan”; Zoom/WeRide Earnings Reports
In terms of financial events, Trump plans to sign the AI new policy – the “Genesis Plan” at the White House;
In terms of financial reports, $Zoom Communications (ZM.US)$ 、 $WeRide (WRD.US)$ and other companies will release earnings reports;
In terms of Hong Kong stock IPOs, $CHUANGXIN IND (02788.HK)$ Listing, $QUANTGROUP (02685.HK)$ Subscription deadline.
Tuesday (November 25)
Keywords: US Monthly Retail Sales/PPI, Alibaba/Nio/Pony AI/Dell Technologies earnings reports;
In terms of economic data, the US will release September retail sales figures as well as September PPI;
In terms of financial reports, $BABA-W (09988.HK)$、 $NIO-SW (09866.HK)$ 、 $PONY-W (02026.HK)$ 、 $Dell Technologies (DELL.US)$ Companies will release their earnings reports;
In terms of Hong Kong stock IPOs, $HAIWEI ELEC (09609.HK)$ Subscription deadline.
Wednesday (November 26th)
Keywords: U.S. Core PCE Price Index/Q3 GDP revised estimate, Li Auto/Ali Health earnings reports;
In terms of economic data, the U.S. Department of Commerce announced that on November 26, next Wednesday, it will release the Q3 GDP revised estimate, October personal income and expenditure, as well as the PCE price index report.
In terms of financial reports, $Li Auto (LI.US)$ 、 $ALI HEALTH (00241.HK)$ Companies such as have released their earnings reports.
Thursday (November 27)
Keywords: Federal Reserve Beige Book on economic conditions, U.S. stock market closed for Thanksgiving;
In terms of financial events, the Federal Reserve released its Beige Book on economic conditions;
In terms of financial reports, $YIDU TECH (02158.HK)$ 、 $CAFE DE CORAL H (00341.HK)$ released its financial report;
In terms of Hong Kong stock IPOs, $QUANTGROUP (02685.HK)$ listed;
In terms of market holidays, the U.S. stock market was closed for one day due to Thanksgiving.
Friday (November 28th)
Keywords: Meituan earnings report
In terms of financial reports, $MEITUAN-W (03690.HK)$ Companies such as have released their earnings reports;
In terms of Hong Kong stock IPOs, $HAIWEI ELEC (09609.HK)$ has been listed.
Stay ahead with the latest financial updates and discover investment opportunities early! Open Futubull > Market > US Stocks >Economic Calendar/Selected macroeconomic data, seize the investment opportunity!
In the new week, I wish fellow investors successful investments!
Editor/Lee, Jeffy
