SpaceX (US.SPCX) reported third-quarter revenue surged 1.61 times year-on-year to $14.575 billion, beating expectations, and turned a profit of $1.054 billion during the quarter. Additionally, its AI business, renamed "SI" (Super Intelligence), saw revenue skyrocket 8.30 times year-on-year, accounting for about 52% of the group's total revenue, surpassing Starlink and other businesses; in terms of profitability, the SI business also turned a profit of $431 million year-on-year, driven by newly signed cloud service agreements, the acquisition of the AI coding tool Cursor, and increased usage of the Grok application.
Currently, the Hang Seng Index stands at 23,961, up 94 points or 0.4%, with turnover on the main board reaching nearly HK$12.9 billion. The Hang Seng China Enterprises Index stands at 8,075, up 44 points or 0.6%. The Hang Seng Tech Index stands at 4,070, up 25 points or 0.6%.
| Stock (Code) | Current Price (HK$) | Change (%) |
|---|---|---|
| Zhipu (02513) | 513.50 | Up 5.92% |
| MiniMax (00100) | 176.40 | Up 2.86% |
| Alibaba (09988) | 106.20 | Up 1.24% |
| Tencent (00700) | 409.00 | Down 0.34% |
| Kuaishou (01024) | 28.64 | Down 0.21% |
| Xiaomi (01810) | 27.04 | Down less than 0.1% |
