Express News | Hyundai Kia and Baidu sign strategic cooperation framework agreement for intelligent connected vehicles
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
Here's Why Baidu Inc. (BIDU) Gained But Lagged the Market Today
Express News | “Battle of the 100 Models” has entered a new stage, and the path to commercialization needs to be explored
Chinese Tech Stocks Jump Amid Positive Earnings of US Giants Microsoft, Alphabet
Chinese tech stocks were in the green on Friday following quarterly earnings results of U.S. tech giants Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG) (GOOGL).
Early trading of US stocks | NASDAQ rose more than 1%, Google and Xiaopeng rose more than 10%
After Snap's performance, it surged more than 23%; popular Chinese securities rose collectively; NIO rose nearly 9%, Ideal rose by more than 6%, JD rose more than 5%, Pinduoduo and Baidu rose more than 3%, and Ali rose more than 2%.
At the beginning of the US stock market, popular Chinese securities generally strengthened. Xiaopeng Motor surged 12%, NIO rose 9%, Ideal Auto rose 8.8%, Station B rose 6.5%, JD rose 5.5%, and Baidu and Pinduoduo each rose about 3%.
At the beginning of the US stock market, popular Chinese securities generally strengthened. Xiaopeng Motor surged 12%, NIO rose 9%, Ideal Auto rose 8.8%, Station B rose 6.5%, JD rose 5.5%, and Baidu and Pinduoduo each rose about 3%.
Express News | China and the US reached a five-point agreement! The two sides announced that they will hold the first meeting of the Sino-US intergovernmental dialogue on artificial intelligence
A quick look at the Hong Kong market | Hong Kong stocks explode! The Ke Index rose nearly 5%; domestic housing stocks and auto stocks improved, Sunac China rose more than 15%, and Xiaopeng Motors rose nearly 9%
Technet stocks performed brilliantly. Kuaishou rose more than 7%, JD rose nearly 6%; biotech stocks generally rose, Tiger Pharmaceuticals rose more than 8%, and Pharmaceutical Biotech rose nearly 6%.
Hong Kong Stock Afternoon Review | Hong Kong stocks are rising all over the board! The Kee Index rose nearly 4%, while JD and Kuaishou rose nearly 5%
Auto stocks had the highest gains, with Zero Sports Auto and Xiaopeng Motors rising by more than 6%; petroleum stocks rose one after another, with CNOOC rising nearly 5% and CNOOC Services rising more than 4%.
Nissan Teams up With Baidu on Generative AI
Futu Morning Post | AI boosts performance significantly! Google soared more than 11% after the market, and Microsoft rose more than 4%
Google paid its first dividend, and Q1 revenue, advertising, and cloud revenue all accelerated; Microsoft's first-quarter earnings report overall exceeded expectations; Bank of America said Apple was still the first choice for investment in technology stocks in 2024.
US stocks closed | The three major indices collectively closed down. Nvidia reversed the market and rose nearly 4%, and Google rose more than 16% after the market
The S&P Index stopped three times in a row, the Dow fell two times in a row, Tesla rose 5%, fell 10% after Meta earnings report, the biggest decline in two years, Microsoft turned up and rose more than 5% after the market, and Intel fell 9% after the market.
The Nasdaq Golden Dragon China Index initially closed up 0.8%. New Oriental, a popular Chinese securities stock, partially recovered its losses last day. JD rose 1.2%, Baidu rose 0.7%, NetEase and Xiaopeng rose 0.1%, while Pinduoduo fell 1.3%, Ideal 1.7%,
The Nasdaq Golden Dragon China Index initially closed up 0.8%. New Oriental, a popular Chinese securities stock, partially recovered its losses last day. JD rose 1.2%, Baidu rose 0.7%, NetEase and Xiaopeng rose 0.1%, while Pinduoduo fell 1.3%, Ideal 1.7%, Station B fell 1.8%, and Canan Technology fell 6.2%.
Changes in US stocks 丨 Baidu's pre-market rise of more than 1% was favored by institutions
On April 25 | Baidu (BIDU.US) rose 1.22% to $100.4 in the premarket. BOCI published a report reaffirming Baidu's “buy” rating. According to the bank, Baidu announced that Wenxin has reached 200 million users and that the API has reached 200 million daily calls. At the same time, the company has launched a series of toolkits for developers. The bank sees the company's strategy adjustments for PAAS services, which will encourage partner companies to better develop their artificial intelligence applications/models on Baidu Cloud and use the company's large-scale language model and computing power to achieve more efficient operations.
Express News | Nissan (China) and Baidu sign a memorandum of understanding on cooperation
Express News | Nissan: Nissan and Baidu signed a memorandum of understanding to jointly conduct research on artificial intelligence and smart cars. Baidu's generative artificial intelligence will be used on the Nissan platform to develop and study future technological d
Express News | Nissan said it is considering a partnership with Baidu. (Nikkei News)
Oak Capital Max comments on AI: It's a lot like a bubble, and it's impossible to determine a “stock market winner”!
Oak Capital co-founder Howard Marks (Howard Marks) said a few days ago that artificial intelligence (AI) may eventually change the world, but that alone will not determine the success of related assets.
Hong Kong Stock Afternoon Review | Hang Seng Index rose slightly by 0.55%, Great Wall Motor rose nearly 10%, and Bilibili rose nearly 4%
Photovoltaic solar energy stocks rose one after another; Xinyi Solar Energy and GCL Technology rose nearly 3%; insurance stocks generally rose; China Taiping rose more than 4%, and China Ping An rose nearly 3%.
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