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U.S. stocks move differently | Gaotu rebounds before market opens, setting a new low yesterday, signing a contract with Shanghai Fosun Sports Group.
Gelonghui, January 10 | After a continuous decline reaching a new low, Gaotu Techedu (GOTU.US) rebounded by 1% in Pre-Market Trading. In terms of news, Gaotu Group recently signed a contract with Shanghai Fosun Sports Group to integrate resources and deepen the integration of Sports and Education. In addition, both sides will actively explore cooperation opportunities in brand sponsorship, cultural creative derivatives, public welfare activities, business expansion, and resource empowerment. Furthermore, Gaotu Education is making efforts in the university student market, with a comprehensive innovation driven by large models. (Gelonghui)
Goldman Sachs Maintains Gaotu Techedu(GOTU.US) With Hold Rating, Cuts Target Price to $2.4
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
Trump calls on the United Kingdom to "open" the North Sea and dismantle the Generator.
① The elected president of the USA, Trump, posted on his personal Social Media platform Truth Social, urging the United Kingdom to open the "North Sea" and remove the Generator; ② Due to depleting reserves and the Global shift towards Wind Power, oil production in the North Sea has been continuously declining, and oil companies have gradually withdrawn from the North Sea in recent years.
U.S. stocks fluctuated|Gaotu Techedu rose nearly 1% before the market, upgrading its graduate examination products with Microsoft's GraphRAG technology.
On December 30, Gelonghui reported that Gaotu (GOTU.US) rose nearly 1% in pre-market trading, reaching $2.26. Recently, Gaotu announced a comprehensive underlying upgrade of its AI product for graduate school entrance exams using Microsoft GraphRAG technology, further improving problem-solving efficiency and helping students achieve better learning outcomes. Microsoft GraphRAG technology, with its advanced graph construction capability, can effectively integrate and analyze a large amount of past exam questions and key points, simulating numerous test questions. In the future, Gaotu and Microsoft will continue to work together to provide college students with higher quality education resources and learning experiences.
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.