Is the market becoming impatient? More and more people are discussing the fact that AI burns so much money but earns so little.

So far, AI technology has produced almost no economic benefits. Faced with the huge gap between burning and earning money with AI, the market's patience for technology stocks is gradually disappearing.

wallstreetcnJul 3 22:54

Express News | PDD Holdings up 1.5%, NetEase Gains 2%, Baidu Rises 2.2%

BreakingsJul 3 21:55

Smart Money Is Betting Big In BIDU Options

Investors with a lot of money to spend have taken a bullish stance on Baidu (NASDAQ:BIDU).And retail traders should know.We noticed this today when the positions showed up on publicly available option

BenzingaJul 3 21:47

US Stock Market Outlook | Unexpected Slump! US 'Small Non-Farms' Reach Four-Month Low; Federal Reserve Meeting Minutes to be Released Tonight, US Stock Market will Close Early Due to the Holiday.

"Fed Pronouncements": Powell talks about progress in inflation, bringing rate cuts back into view; did the market become conservative? Strategist: The Fed is expected to cut interest rates three times this year! Growth tech stocks fluctuate before the market, Tesla rises nearly 2%, while Microsoft, Apple, and Nvidia fall slightly.

Futu NewsJul 3 20:42

Baidu releases the 2024 big data for college entrance exams: year-on-year growth in search volume related to college entrance exams remains in double digits.

On July 3rd, Gelunhui reported that Baidu, in collaboration with China Education Online, released "Baidu Hot Search・2024 College Entrance Examination Big Data" (hereinafter referred to as Big Data), comprehensively displaying information on the most popular universities, majors, and other related information for 2024. It is reported that Baidu's high school related search volume increased by two digits compared to last year's high school season. Big data shows: among the hot searched undergraduate colleges, Southern University continues to dominate the hot searched colleges, while Southwest University and Shenzhen University rank first in the dual first-class and non-dual first-class lists respectively. In the hot searched majors, science, engineering, and medical majors achieved a clean sweep with only two seats occupied by humanities majors. It is worth mentioning that when choosing a school, post-2005 students will not consider only one option.

Gelonghui FinanceJul 3 19:21

The AI wave has driven the amount of risk investment in the USA to a new high in nearly two years, while the exit activity has continued to be sluggish.

In the second quarter of 2024, the amount of venture capital in the USA reached $55.6 billion, a 47% increase compared to the previous period and also the highest in the past two years. However, the continued slump in exit activities also poses challenges to the sustainability of VC financing and subsequent investments.

cls.cnJul 3 18:35