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Baidu’s Q3 net profit rose 17% YoY, driven by robust AI cloud business growth, while total revenue declined.
Non-advertising revenue improved, supported by strong performance in core businesses.
Baidu’s Wenxin model now averages 1.5 billion daily API calls, a 30-fold increase over the past year.
$Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $ChatGPT (LIST1347.HK)$
Non-advertising revenue improved, supported by strong performance in core businesses.
Baidu’s Wenxin model now averages 1.5 billion daily API calls, a 30-fold increase over the past year.
$Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $ChatGPT (LIST1347.HK)$
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Securities & Brokerage: $CMSC (06099.HK)$ $HTSC (06886.HK)$
Cars: $LI AUTO-W (02015.HK)$ $GEELY AUTO (00175.HK)$ $BYD COMPANY (01211.HK)$
Conventional Electricity: $CHINA RES POWER (00836.HK)$ $HUANENG POWER (00902.HK)$ $CKI HOLDINGS (01038.HK)$
Shipping: $COSCO SHIP HOLD (01919.HK)$ $OOIL (00316.HK)$
Coal: $CHINA SHENHUA (01088.HK)$ $YANKUANG ENERGY (01171.HK)$ $YANCOAL AUS (03668.HK)$
Home Appliances: $MIDEA GROUP (00300.HK)$ $HAIER SMARTHOME (06690.HK)$ $HISENSE HA (00921.HK)$
Investment: $CITIC SEC (06030.HK)$ $CHINA CINDA (01359.HK)$
...
Cars: $LI AUTO-W (02015.HK)$ $GEELY AUTO (00175.HK)$ $BYD COMPANY (01211.HK)$
Conventional Electricity: $CHINA RES POWER (00836.HK)$ $HUANENG POWER (00902.HK)$ $CKI HOLDINGS (01038.HK)$
Shipping: $COSCO SHIP HOLD (01919.HK)$ $OOIL (00316.HK)$
Coal: $CHINA SHENHUA (01088.HK)$ $YANKUANG ENERGY (01171.HK)$ $YANCOAL AUS (03668.HK)$
Home Appliances: $MIDEA GROUP (00300.HK)$ $HAIER SMARTHOME (06690.HK)$ $HISENSE HA (00921.HK)$
Investment: $CITIC SEC (06030.HK)$ $CHINA CINDA (01359.HK)$
...
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Burry is all in on China
Last week he reported that he upped his stake in 3 Chinese stocks
$JD.com (JD.US)$ - added 100%
$Baidu (BIDU.US)$ - added 66.7%
$Alibaba (BABA.US)$ - added 29%
David Tepper, who is extremely bullish on China, owns all three of these stocks in his portfolio as well
Last week he reported that he upped his stake in 3 Chinese stocks
$JD.com (JD.US)$ - added 100%
$Baidu (BIDU.US)$ - added 66.7%
$Alibaba (BABA.US)$ - added 29%
David Tepper, who is extremely bullish on China, owns all three of these stocks in his portfolio as well
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Artificial Intelligence (AI) refers to the simulation of human intelligence in machines designed to perform tasks that would typically require human cognition, such as reasoning, learning, problem-solving, understanding language, and perception. AI systems are typically powered by machine learning (ML), which is a subset of AI that allows computers to learn from data and improve over time without being explicitly programmed. AI can be classified ...
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Five months ago, I published "Taking a Clear Stand to be Bullish on Alibaba". At that time, I thought it was Alibaba's Normandy moment. Some of the predictions inside have now come true. If you had bought Alibaba at that time, there could be a nearly 50% increase by now at the highest. As of now, I still stick to my judgment at that time. If there is a major bull market in Hong Kong stocks later, and if it is really as major investment banks and the media say...
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71323069 MonkeyGee : it's amazing how little people understand what is going on in the world. Trump is adding 10% additional tariffs to Chinese imports. Again this new 10% tariff is in addition to the already high tariffs on China.