Baidu Inc
Baidu claims its robotaxis have grabbed 10% of the journey-hailing market place in a suburb of Beijing
Crucial Points Chinese tech giant Baidu stated its robotaxis have grabbed about 10% of the trip-hailing market in a suburb of Beijing town. Baidu began presenting no cost robotaxi rides in the suburban area in October 2020, and obtained acceptance to gather fares in November 2021. Having said that, CNBC checks of the Baidu robotaxi […]
Read More
Stocks making the biggest moves midday: Big Lots, Best Buy, Nikola and Lucid
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the discount retailer posted a smaller-than-expected loss for the recent quarter. Revenue also beat expectations, and comparable store sales fell 9.2% […]
Read More
Shares creating the most significant moves premarket: Finest Buy, First Solar, Twitter and extra
In this report BBBY BIDU FSLR Massive BBY TWTR Online video1:3301:33 News Update – Pre-Markets News Briefing Test out the businesses producing headlines just before the bell: Greatest Invest in (BBY) – Most effective Get attained 2.6% in the premarket following the digital retailer defeat Road forecasts on the major and base traces for its […]
Read More
Stocks making the biggest moves midday: Disney, Poshmark, Vroom and more
Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Check out the companies making headlines in midday trading Monday. Poshmark — Shares of the secondhand fashion retailer jumped 15% after Barclays upgraded them to overweight from equal weight. The firm said it sees more than 40% potential upside for the […]
Read More
Stocks making the biggest moves premarket: Vroom, Poshmark, Revolve, Green Plains and more
Vroom IPO at the Nasdaq site, June 9, 2020. Source: Nasdaq Check out the companies making headlines before the bell: Poshmark — Shares spiked more than 5% after Barclays upgraded the online fashion retailer to overweight from equal weight. Poshmark will get a boost from the fast-growing second-hand clothing marketplace, especially if consumers trade down […]
Read More
Stocks making the biggest moves in the premarket: Palantir, Signify Health, Global Blood Therapeutics and more
Take a look at some of the biggest movers in the premarket: Palantir (PLTR) – The data analytics company’s stock plunged 15.6% in premarket trading after it reported an unexpected quarterly loss, and lowered its full-year forecast due to the uncertain timing of some government contracts. Signify Health (SGFY) – CVS Health (CVS) is planning […]
Read More
Baidu’s robotaxis don’t need any human staff in these parts of China
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu said Monday it has become the first robotaxi operator in China to obtain permits for selling rides with no human driver or staff member inside the vehicles. The local […]
Read More
Baidu’s new robotaxi can drive without a steering wheel and is 50% cheaper
Baidu unveiled on July 21, 2022, the sixth generation of its self-driving electric car built for ride-hailing rides — at a cost nearly 50% below that of a model announced last year. Baidu BEIJING — Chinese tech giant Baidu announced Thursday it has cut the price of its robotaxi vehicles by nearly half, lowering costs […]
Read More
TikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiency
While ByteDance is best known for its viral social media app TikTok, the Beijing-based company is now bolstering its ability in semiconductor design. ByteDance won’t be manufacturing chips to sell to others, but it will be designing semiconductors that it requires for specific applications internally. Artur Widak | Nurphoto | Getty Images TikTok owner ByteDance […]
Read More
Stocks making the biggest moves in the premarket: Twitter, Wynn Resorts, Las Vegas Sands and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter slid in premarket trading after Elon Musk announced late Friday that he was abandoning his $44 billion takeover deal. Twitter responded by saying it plans legal action to hold Musk to the agreed-upon transaction. Wynn Resorts (WYNN), Las Vegas […]
Read More