Baidu's Advertising Revenue Faces Challenges in Near Term -- Market Talk
HK Stocks unusual movement | baidu Group-SW (09888) rose more than 4%, its subsidiary Luobo Kuai Pao plans to conduct trial operation in Hong Kong area.
Baidu Group - SW (09888) rose more than 4%, as of the deadline, up 4.05%, to HK$81, with a turnover of 0.335 billion Hong Kong dollars.
Top Gap Ups and Downs on Monday: SMCI, ZM, GFI and More
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.
COWmustMoo : to be fair ..![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Bidu has gone up from 73 to 120 ..is a good 64%
then adjusted down 120 to 77 recently ..
if u short ... it is very welcome..
102172405SG OP COWmustMoo : Why are you mentioning something that the time has proven ? I can see this from the chart
COWmustMoo : ..when retailers are very negative is good
102172405SG OP : You are right. I am trying to share and look from different perspectives.