Goldman Sachs trimmed BIDU's target price to $150 from $157, maintaining a "Buy" rating. BIDU's 1Q24 revenue met expectations, while EBIT and net profit exceeded them due to contributions from generative AI and a recovery in deferred revenue from traditional advertising. Management anticipates accelerated growth in the cloud computing business and stable operating margins, driven by high demand for GPU cloud and enhanced AI deployment...
After a significant rebound, it may still be too early to talk about exiting the market. In recent months, the Chinese stock market has shown a strong upward trend. The Shanghai Composite Index (A-shares) has rebounded by over 17% from its early February low, while the Hang Seng Index (Hong Kong stocks) has entered a technical bull market (with gains exceeding 20%), marking a comprehensive "great counterattack." For investors, the next question i...
HelloMooMoo : Why all negative?
让子弹飞(SG) : 洗洗更健康
Every day is new : HSI crashing? See news. China engulfing HK economy.
AIorShit : 位階這麼低,美股漲恆生跌,美股休息恆生也跌..
103353263 HelloMooMoo: Maybe because China troops is having a military exercise near Taiwan and affected the stock market as well.