Wall Street Takes a Significant Downturn - Weaker Growth Momentum Weighs on Beijing - New Tariff Exemptions to Reduce US Food Prices - Burry Pulls the Emergency Brake - Applied Materials Bets on AI Cycle for Further Growth - Verizon Initiates Radical Restructuring

On Thursday, November 13, 2025, US markets took a significant downturn. The Dow Jones fell by 1.7% to 47,457 points, the S&P 500 decreased by 1.7% to 6,737, and the Nasdaq dropped by 2.3% to 22,870 points. This time, the most notable price movements were seen in media, technology, and crypto-exposed stocks. Disney plummeted by 7.8% after reporting a higher quarterly profit, but missed revenue expectations and showed significant weaknesses in its traditional TV business. Cisco Systems , on the other hand, was among the winners: its stock...