US Morning News Call | Nvidia to Send Over 260,000 GPUs to South Korea

Moomoo Breakfast US joined discussion · Oct 31 05:46

Key Takeaways:

• Nvidia to Send Over 260,000 GPUs to South Korea

• Netflix Announces Ten-for-One Stock Split

• Key Earnings: XOM, CVX etc.

🔔Before the Bell

On Friday, stock futures increased as investors processed robust quarterly earnings from tech giants Apple and Amazon.

$E-mini NASDAQ 100 Futures (DEC5) (NQmain.US)$ went up by 1.13%;

$E-mini S&P 500 Futures (DEC5) (ESmain.US)$ went up by 0.59%;

$E-mini Dow Futures (DEC5) (YMmain.US)$ went down by 0.08%.

📜Top News

Senate Votes to End Trump's Tariff Emergency

The Senate passed a bipartisan resolution to end the national emergency that President Donald Trump had used to declare global "reciprocal" tariffs. The resolution passed with a vote of 51-47, with four Republican senators joining Democrats. This marks the third time the Senate has rejected Trump's global tariffs, though the House is not expected to take similar action.

Nvidia CEO Hopes to Sell Blackwell AI Chips in China "Someday"

$NVIDIA (NVDA.US)$ CEO Jensen Huang expressed hope that the company will "someday" be able to sell its most advanced Blackwell AI chips to Chinese customers.

Netflix Announces Ten-for-One Stock Split

$Netflix (NFLX.US)$ announced a ten-for-one forward stock split. The split is intended to make the company's shares more accessible to employees and retail investors, with trading on a split-adjusted basis expected to begin on November 17, 2025.

Nvidia to Send Over 260,000 GPUs to South Korea

$NVIDIA (NVDA.US)$ announced a wide-ranging collaboration with the South Korean government and major companies, including Samsung, SK Group, and Hyundai Motor Group, to supply over 260,000 of its most advanced AI GPUs.

Disney Channels Go Dark on YouTube TV Over Carriage Dispute

$Disney (DIS.US)$ 's channels, including ABC and ESPN, have gone dark on Google's YouTube TV platform after the two companies failed to reach a new licensing agreement before the deadline. The dispute centers on carriage fees, with YouTube TV offering a $20 credit to subscribers if the outage persists.

Rivian and Amazon Announce Major EDV Milestone in Canada

$Rivian Automotive (RIVN.US)$ and $Amazon (AMZN.US)$ announced a significant milestone with the launch of the Electric Delivery Van (EDV) fleet in Canada. Fifty Rivian-built EDVs are hitting the road in the Greater Vancouver area.

Elon Musk’s SpaceX Set to Win $2 Billion Pentagon Satellite Deal

Elon Musk's SpaceX is poised to win a $2 billion contract from the Pentagon to develop satellites capable of tracking missiles and aircraft, as part of President Trump's "Golden Dome" project.

🪙Crypto News

$Bitcoin (BTC.CC)$went up 1.98% to $110,049; $Ethereum (ETH.CC)$ went up 1.82%, to $3,852.

Standard Chartered Predicts Tokenized Real-World Assets to Reach $2 Trillion by 2028

Standard Chartered forecasts that the market for tokenized real-world assets (RWAs), excluding stablecoins, will expand sharply from $35 billion to $2 trillion by the end of 2028. The bank predicts that the vast majority of this activity will take place on the Ethereum blockchain.

📆Market Events

Key Economic Events

PCE Price Index, Core PCE Price Index (To Be Confirmed)

Key Earnings

🔔Before Market

The market anticipates $Exxon Mobil (XOM.US)$ revenue of $83.6 billion, down 7.12% YOY, with EPS at $1.79, a 6.85% YOY decrease.

The market anticipates $Chevron (CVX.US)$ revenue of $47.42 billion, down 6.41% YOY, with EPS at $1.53, a 38.22% YOY decrease.

🔔1st November

The market anticipates $Berkshire Hathaway-B (BRK.B.US)$ revenue of $96.98 billion, up 4.28% YOY, with EPS at $5.9.

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