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Zhonghaida (300177.SZ): Some business partnerships with Baidu Apollo account for a small share of revenue
Zhonghaida (300177.SZ) announced that the company will run from April 26, 2024 to April 30, 2024...
Jimi Technology (688696.SH): Shareholders Baidu Biwei and Baidu Netcom plan to reduce their holdings by no more than 3%
Gelonghui, April 30 | Jimi Technology (688696.SH) announced that Baidu Biwei, the company's shareholder, plans to reduce the number of shares held by no more than 247,700 shares through bidding transactions and bulk transactions, accounting for 0.34% of the total share capital. The company's shareholder Baidu Netcom plans to reduce the number of shares held by no more than 1.8593 million shares through bidding transactions and bulk transactions, accounting for 2.66% of the total share capital.
[Broker Focus] Tianfeng Securities raised Baidu Group's (09888) target price by 4.5% to HK$139, and the lightweight model is expected to drive cloud business development
Jinwu Financial News | Tianfeng Securities released a research report that Baidu Group's (09888) 24Q1AI cloud business revenue reached 4.5 billion yuan, achieving a 9% year-on-year increase. Benefiting from the impact of AI on cloud driving and the significant reduction in inference costs of the company's Wenxin model series, the superposition of the lightweight model compared to the open source model, the incremental focus of additional revenue from the cloud business has shifted from model training to model inference. The increase caused by the significant reduction in inference costs feeds back the cloud business, which is expected to drive the development of the cloud business. According to the bank, Baidu continues to invest in the AI field, developing lightweight models around the idea of “MoE, small models, and smart devices”, with significant inference costs
[Special Offer V] Deng Shengxing: Federal Reserve Holds Interest Meeting, Investors Remain Cautious
Jinwu Financial News | The Hang Seng Index closed at 17,746 points on Monday (29th), up 95 points, or 0.5%. Full-day transactions amounted to $163.417 billion. The national index rose 13 points, or 0.2%, to 6282; the technical index fell 4 points, or 0.1%, to 3713. Blue Chip AIA (01299)'s new business value hit a quarterly high of 6.1% last quarter; the first-quarter results were announced tomorrow (00005), which rose slightly by 0.9% throughout the day; domestic housing stocks continued to be hot, especially second-tier domestic housing, and Shimao (00813) surged 60.6%; Times China (01233) surged 30.7%; the Dow on Monday (2)
US stocks closed | Tech stocks supported US stocks higher, Tesla surged more than 15%
The three major US stock indexes rose twice in a row. After the Ministry of Finance announced loan forecasts for the second quarter, the S&P index fell; the China Securities Index rose six times in a row, NEV stocks rose sharply, Ideal Auto closed up more than 7%, and Baidu rose more than 5%.
Tesla Short-sellers Lose More Than $5B During Late-April Rally - S3 Partners
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