China's manufacturing sector may be experiencing a recovery as factory activity has entered an expansion phase for the first time since April.
However, Microsoft's weak growth guidance has raised concerns among investors about its future performance.
Samsung Electronics reported third-quarter sales and operating profit that slightly exceeded its own forecasts, but its semiconductor division saw a significant profit decline. The operating profit for the division dropped by 40% from the previous quarter, reflecting challenges from increased supply of legacy products in China and inventory adjustments that negatively impacted mobile demand. Despite these challenges, there is still strong demand for memory chips driven by AI and server products.
Honor is attracting new investors as it prepares for an initial public offering, while Meta is expected to see a spike in its expense bill in the near future.