Baidu, Inc. (BIDU) Is Attracting Investor Attention: Here Is What You Should Know
Today's Analyst Rating | Salesforce Price Target Raised to $368 by Citi, CrowdStrike Price Target Raised to $400 by Citi
Nov 28, Wall Street analysts have updated their stock ratings today including $Salesforce(CRM.US)$ and $CrowdStrike(CRWD.US)$.
AI guru started to shuffle madly.
Integration is on the rise.
Express News | The 2024 Digital Industry Ecological Partner Conference will be held in Chongqing.
Express News | Citi: Adjusted baidu's target price from $142.00 to $141.00.
Express News | Open Source Securities: The investment timing for autonomous driving has arrived in 2025.
Morgan Stanley downgraded baidu (09888.HK) to 'Neutral' with a target price adjustment to 85 yuan.
JPMorgan released a report stating that it has downgraded Baidu (09888.HK) from 'shareholding' to 'neutral', mainly due to uncertainty in macroeconomic recovery, resulting in a sharp decline in its profit visibility, and uncertainty about the negative impact of Generative AI (Gen AI) content deployment on monetization. The bank also reduced Baidu's adjusted earnings per share forecast for the fiscal year 2025 by 21%, lower than the market's expected by 17%, as it estimates a 7% reduction in the company's core advertising revenue forecast, and a 6-percentage-point downward revision in its core operating profit margin forecast. Although the bank predicts weakness in Baidu's core advertising revenue growth will continue next year.
Express News | The concept of AI glasses is repeatedly active, and Shenzhen Zowee Technology has seen a straight limit-up.
Citi slightly lowers baidu (BIDU.US) target price to $141, expecting the core advertising business to bottom out in the first quarter of next year.
Citigroup published a report indicating that on November 22, a conference call was held with the Director of Investor Relations from baidu (BIDU.US). The main content included macroeconomic outlook and competitive landscape; AI transformation of the search business; outlook for cloud business; progress of smart driving business; and shareholder returns. The report noted that after the relatively weak performance in the third quarter, it is predicted that baidu's core advertising revenue in the fourth quarter will decline by 7% year-on-year, with a deeper quarterly decline. At the same time, the forecast for core advertising revenue in the first quarter of next year has been revised down by 3.1%, changed from a previous estimate of a 3% year-on-year decline to a 6% year-on-year decline, and the expenditure forecast has been adjusted due to considerations of higher profit margins.
Futu Daily News | The inflation indicators favored by the Federal Reserve rebound! The attitude towards interest rate cuts in December may be more cautious; the Central Office and the State Office issued the 'Action Plan to Effectively Reduce Logistics Co
The Fed's favorite inflation indicator rebounds! The usa's core PCE price index for October is 2.8% year-on-year; strong consumer spending drives steady growth of 2.8% in the usa's third-quarter GDP; Trump's team is considering digital assets advocate Atkins to serve as SEC chairman.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
gtja: Cloud applications and terminal asia vets drive industrial upgrades; AI track companies are welcoming significant development opportunities.
Tai Jun An released a research report stating that with the acceleration of AI application processes and the continuous emergence of scenario implementation cases, coupled with the dual drive of cloud applications and asia vets for industrial upgrades, companies in the AI track are ushering in important development opportunities.
Express News | Jpmorgan lowered baidu's target price from $130 to $87.
Shares of US-listed Chinese Stocks Are Trading Higher Following a Report Indicating Additional Chinese Fiscal Stimulus After a Key Economic Meeting in December.
J.P. Morgan Downgrades Baidu(BIDU.US) to Hold Rating, Cuts Target Price to $87
Express News | Ishares China Large Cap ETF up 2.8%, Kraneshares CSI China Internet ETF up 3.2%
Express News | U.S.-Listed Shares of Chinese Firms Rise Tracking Gains in Mainland Peers
Apple Slips as China Data Shows Smartphone Plunge in October: Report
Express News | Li Auto up 3.2%, Xpeng up 3.3%
[Special guest V] Deng Shengxing: Trump imposes tariffs on china, causing market concerns.
King Wo Finance News | The Hang Seng Index closed at 19,159 on Tuesday (26th), up 8 points or 0.04%. The total market turnover was 122.2 billion yuan. The National Index fell by 0.2% to close at 6,851. The Technology Index dropped by 0.3% to 4,221. The iPhone 17's ultra-thin body is set to abandon the physical SIM card, and reports suggest that the camera, speakers, communication antenna, and battery capacity may also need to be "sacrificed," leading to a decline in Apple-related stocks. Sunny Optical Technology (02382) fell by 2.5%; the price of bitcoin has retreated, affecting the related etfs and concept stocks. Huaxia Bitcoin (03042) dropped by 5.5%; Southern Bitcoin (03066) fell by 4.8.