Baidu Inc
China's livestream shopping is booming, fueling new tech such as avatars and AI
HAIAN, CHINA – NOVEMBER 7, 2023 – A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — Livestream shopping is taking off in China, driving development of new tech products […]
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Microsoft's president fulfills with the Chinese authorities to discuss A.I. co-procedure
Microsoft CEO Brad Smith participates in a conference at The Westin Palace Resort, on 20 Might, 2022 in Madrid, Spain. Cezaro De Luca | Europa Push | Getty Pictures Microsoft President Brad Smith met with China’s Minister of Commerce Wang Wentao on Wednesday to examine subject areas ranging from synthetic intelligence to trade relations among […]
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Morgan Stanley picks ɺlpha' prospects in China tech — providing a person 52% upside
The Chinese financial state may possibly have been in a funk this year, but Morgan Stanley sees guarantee in tech — naming shares to play the sector into the new 12 months. In a Dec. 4 observe, the expense bank’s analysts pointed out that the Hold Seng Tech Index – which includes China online gamers […]
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Portfolio supervisor describes why he has the ‘most conviction’ in this China tech stock
Chinese tech gamers like Baidu , Alibaba and Tencent have mostly been considered favorably by traders, even as the Asian powerhouse has been experiencing slower growth. One particular tech huge, nevertheless, stands out to portfolio supervisor Brian Arcese: e-commerce player JD.com . The corporation is in the enterprise of selling electronic products and solutions, logistics […]
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Alibaba, Baidu and more: Jefferies names Asian shares with considerable ‘hidden value’
Asian inventory marketplaces might have experienced a weak yr, but extreme money in the region’s businesses is a concealed prospect for traders, according to Jefferies. “This calendar year is turning out to be another disappointment for [the MSCI Asia-Pacific ex-Japan index]. Whilst MSCI HK/China have underperformed, not a one Asian market place has outperformed S […]
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Stocks earning the largest moves midday: Amazon, Medtronic, American Eagle, Lowe’s, C3.ai and additional
Look at out the firms generating the most important moves midday: Amazon — The e-commerce behemoth slipped 2.4% after CNBC’s David Faber noted founder and Executive chair Jeff Bezos is expected to be “aggressive” in marketing additional shares of Amazon. The full sale could sum to extra than $1 billion, resources informed Faber. Burlington Suppliers […]
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Chinese tech big Baidu’s shares increase 2% right after revenue defeat
Men interact with a Baidu AI robotic in close proximity to the business logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — Chinese tech giant Baidu described Tuesday third-quarter profits that beat expectations, although advancement was slower than all through the preceding a few months. The company’s U.S.-stated […]
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Fund supervisor reveals the beneath-the-radar global automation stock he prefers to its U.S. rivals
It is been a large yr for Major Tech, with U.S. favorites Nvidia and Meta Platforms amid the stocks that have soared in 2023. But for those buyers who concern they might have missed the boat, portfolio manager Karen Kharmandarian has an less than-the-radar global tech pick. He likes Japanese industrial automation firm Keyence , […]
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Microsoft is good keeping away from China as U.S. considers countrywide safety implications, CEO Satya Nadella states
Microsoft CEO Satya Nadella speaking with CNBC on Nov. 15th, 2023. CNBC Microsoft is not targeted on China as a domestic market, although the firm has notable Chinese customers with operations outside the world’s 2nd most-populous region, CEO Satya Nadella explained on Wednesday. “We are typically targeted on the world wide sector ex-China,” Nadella instructed […]
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Tencent, Alibaba and more: These firms are primed for buybacks and current opportunities, states Jefferies
Buybacks are collecting steam in Asia — and that’s making prospect for investors, according to financial commitment bank Jefferies. Bulletins of significant buyback courses in the location have been rising due to the fact 2021, “with a very long runway forward” supplied the trend’s nascence, the firm’s analysts wrote in an Oct. 25 exploration observe. […]
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