Baidu Receives License to Test Autonomous Vehicles in Hong Kong
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INTERIM FINANCIAL STATEMENTS
AI guru started to shuffle madly.
Integration is on the rise.
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US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
Analysts Cautious on Baidu After Falling Ad Rev, AI-related Challenges Raises Concern
baidu's Carrot Run is about to launch in Hong Kong! The related tests will start as early as the end of the year.
1. Baidu's self-driving online car-hailing platform 'Robo Run' plans to start trial operation in Hong Kong. The initial testing phase will be conducted before the end of the year, starting with non-busy hours. 2. Currently, Baidu has launched full unmanned self-driving travel services and testing in Wuhan, Beijing, Wuhan, Chongqing, Shenzhen, and Shanghai. Wuhan and Chongqing have become the two main focus areas.
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Earnings Scheduled For November 21, 2024
XGIMI Technology: The car business may generate certain revenue next year. Baidu's shareholding reduction is mainly due to financial considerations|Direct hit shareholders meeting
① Since the beginning of this year, XGIMI technology has faced a continuous decline in revenue and net income in each quarter; ② At this shareholder meeting, the relevant person in charge of XGIMI technology responded to market concerns regarding the in-car projection business, their views on the expansion of losses, and the shareholding reduction of the Baidu system.