BIDU240719C101000
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Baidu Newsroom
Baidu's Tepid Core Ad Recovery Warrants Caution as Q2 Revenue Seen Flat, Morgan Stanley Says
Is It Worth Investing in Baidu Inc. (BIDU) Based on Wall Street's Bullish Views?
BofA Securities Maintains Baidu(BIDU.US) With Buy Rating, Cuts Target Price to $128
BofA Securities analyst Miranda Zhuang maintains $Baidu(BIDU.US)$ with a buy rating, and adjusts the target price from $140 to $128.According to TipRanks data, the analyst has a success rate of 28.9%
Zhejiang Shibao (002703.SZ): Currently, there is no mass production matching business with Baidu.
Zhejiang Shibao (002703.SZ) stated on the investor interaction platform on July 16 that the company's main customers are automobile manufacturers and it currently does not have mass production matching business with Baidu.
Beijing Leike Defense Technology (002413.SZ): The company currently has no business cooperation with Baidu.
Beijing Leike Defense Technology (002413.SZ) stated on the investor interaction platform on July 16 that the company has no business cooperation with Baidu.
Citi Maintains Baidu(BIDU.US) With Buy Rating
Citi analyst Alicia Yap maintains $Baidu(BIDU.US)$ with a buy rating.According to TipRanks data, the analyst has a success rate of 36.1% and a total average return of -3.5% over the past year.Note:
Morgan Stanley Lowers Price Target on Baidu to $115 From $125, Maintains Equalweight Rating
06:17 AM EDT, 07/16/2024 (MT Newswires) -- Morgan Stanley Lowers Price Target on Baidu to $115 From $125, Maintains Equalweight RatingPrice: 93.20, Change: +0.05, Percent Change: +0.05
China Puts Power of State Behind AI -- and Risks Strangling It
As American tech giants pull ahead in the artificial-intelligence race, China is turning to an old playbook to compete: putting the vast resources of the state behind Chinese companies.
Baidu Group (09888) fell by 3.19%. Institutions expected that its short-term revenue may be under pressure due to AI upgrades.
Golden Treasury News | Baidu Group (09888) shocked down. As of press time, it fell 3.19%, to HKD 90.95, with a turnover of HKD 0.365 billion. Morgan Stanley's research reports predict that Baidu's core revenue in the second quarter will be roughly stable year-on-year, but advertising growth will continue to be weak. Due to the macroeconomic weakness and the transformation of artificial intelligence, advertising revenue is expected to decline by 2%. In addition, the bank expects the group's cloud business to grow or remain at 15%, while the core non-GAAP operating profit margin will increase by 2%, and the profit margin will be basically stable. The bank said that it maintains a cautious attitude towards the recovery of Baidu's core advertising, and
Top Gap Ups and Downs on Monday: PDD, COIN, JD and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
Overnight News: The Republican Party officially nominated Trump as its presidential candidate. New York Fed manufacturing index has fallen for eight consecutive months.
For more global financial news, please visit 24 hours real-time financial news market closing: US stocks rose, the Dow hit a historic high, Trump's election prospects heated up. Top 20 US stocks turnover on July 15th: bullish on Trump's election prospects, Trump media rose by more than 30%. US WTI crude oil fell 0.4% on Monday, falling for the second consecutive trading day. Hot China concept stocks fell collectively on Monday, PDD Holdings fell 3.1%, and Baidu fell 6%. Major European stock indices fell collectively, with the German DAX30 index falling 0.86%. Macro, the Republican Party in the United States officially nominated Trump as the party's presidential candidate, and Trump announced James David Vance as his deputy.
Baidu Options Spot-On: On July 15th, 100.32K Contracts Were Traded, With 508.21K Open Interest
On July 15th ET, $Baidu(BIDU.US)$ had active options trading, with a total trading volume of 100.32K options for the day, of which put options accounted for 20.57% of the total transactions, and
Express News | PDD Holdings Down 3.3%, Baidu Down 6.3%
Express News | U.S.-Listed Shares of Chinese Firms Fall as Bets of Trump's White House Return Rise
Express News | Ishares China Large Cap ETF Down 1.9%, Kraneshares CSI China Internet ETF Down 3.1%
Express News | Li Auto Down 4.9%, JD.com Slips 4.4%, NIO Falls 6.4%, Xpeng Losses 5.8%
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
Asian equities traded in the US as American depositary receipts started the week on a down note Monday morning, declining 0.89% to 2,039.03 on the S&P Asia 50 ADR Index.From North Asia, the gainers
Zhengzhou Tiamaes Technology (300807.SZ) clarification on abnormal fluctuations: no relevant cooperation with Baidu Luobo Kuaipao, cooperation with Baidu is only limited to the field of public transportation.
Zhengzhou Tiamaes Technology (300807.SZ) announced that if the closing price deviation value of the company for three consecutive trading days on July 11, 2024, July 12, 2024, and July 15, 2024 accumulates to more than 30% according to the relevant regulations such as the "Shenzhen Stock Exchange Trading Rules (Revised in 2023)", it will be considered as abnormal stock trading fluctuations. The company has noticed that the market has recently paid high attention to the concept of self-driving cars and the online car-hailing service named "Luobo Kuai Pao". Currently, the company's main business is based on technologies like vehicle networking to provide operation and management services for urban public transportation.
China Securities Co., Ltd.'s Wu Chaoze: The application of AI is of great importance in the future, bullish on four major directions.
Wu Chao of China Securities Co., Ltd. said that several specific directions for artificial intelligence are bullish, including AI + manufacturing, AI + medical, scientific research, and geological exploration.
President Capital Management Initiates Coverage on Baidu With Neutral Rating
07:19 AM EDT, 07/15/2024 (MT Newswires) -- President Capital Management Initiates Coverage on Baidu With Neutral RatingPrice: 95.71, Change: -3.36, Percent Change: -3.39