Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report
Kuaishou Q1 net profit exceeds expectations and plans to repurchase no more than HK$16 billion in the next three years | Financial News
Kuaishou's gross margin for the first quarter increased to 54.8% from 46.4% in the same period last year, and overseas business operating losses decreased 67.4% year over year.
Li Auto's Strategic Adjustments And Upcoming Model Launches Position It for Future Success, Says Goldman Sachs
Goldman Sachs analyst Tina Hou reiterated a Buy rating on Li Auto Inc (NASDAQ:LI) with a price target of $43.60.
Tencent's market capitalization is rushing to 4 trillion dollars. How long can the momentum last, and can “the king return”?
A tough battle.
Tencent or the dark side of Investment Month continues to compete with Ali for the “No. 1 AI Investor”
On the 21st, according to all-weather technology news, the big model startup Moon's Dark Side is currently undergoing a new round of financing. Investors include Tencent and Gao Rong Venture Capital. If discussed, LLM startups with domestic valuations exceeding 1 billion dollars will basically have Ali and Tencent.
Do more with JD Ali, and the “big short” in subprime loans will eventually “fall in love” with Chinese companies
Selling US stocks and buying securities in China
Tencent's big model launches a new brand
Value orientation.
Li Auto Misses Top-line and Bottom-line Estimates; Initiates Q2 Outlook
Li Auto press release (NASDAQ:LI): Q1 Non-GAAP EPADS of $0.17 misses by $0.03.
Ali has taken back the initiative
It's tough to keep up.
Li Yanhong is one step ahead of Musk
Commercialization is accelerating.
Options Market Statistics: Walmart Stocks Jump, Options Pop as Q1 EPS and Revenue Beat
News Highlights
JD Q1 conference call: Strong quarterly active user growth, confident of exceeding the annual growth target
According to JD, the supermarket category resumed healthy growth in the first quarter. GMV and revenue both grew at a double-digit rate, and order volume and shopping frequency increased.
Baidu Rises After Q1 Beat as AI Cloud Sales Grow Despite Slowdown in Marketing Revenue
Baidu's (NASDAQ:BIDU) stock rose about 2% premarket on Thursday after it reported first-quarter results that beat estimates.
JD.com Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
JD.com, Inc. (NASDAQ:JD) is set to release earnings results for its first quarter before the opening bell on May 16, 2024.Analysts expect the China-based company to report quarterly earnings at 64 cen
Baidu Sees Robotaxi Unit Turning Profitable in 2025 - Report
Chinese tech giant Baidu (NASDAQ:BIDU) expects its Apollo Go robotaxi unit to break even by the end of 2024 and become profitable in 2025.
Tencent Conference Call: Advertising and Gaming Benefit from AI Deployment, Total Game Traffic Resumes Growth
Specifically, among Tencent's three main businesses, revenue from the value-added services business fell 0.9% year-on-year in the first quarter of 2024. Tencent said that with the implementation of various government economic stimulus measures, Tencent expects this trend to gradually reverse and the fintech business to resume growth. Moreover, Tencent has achieved initial results in monetizing SaaS products that have been provided free of charge for a long time. Tencent will continue to steadily advance the monetization process of SaaS services in the future. In the advertising business, Tencent continues to innovate advertising technology and uses AI to optimize advertising targeting to enhance its competitiveness and efficiency. In the game business, Tencent expects that with the advancement of technology, the mixed-element big model can be developed into multi-modal AI in the future, which can create high-quality video content and further help game production.
Earnings Call Summary | Tencent(TCEHY.US) Q1 2024 Earnings Conference
The following is a summary of the Tencent Holdings (TCEHY) Q1 2024 Earnings Call Transcript:Financial Performance:Tencent reported Q1 2024 total revenue of RMB 160 billion, an increase of 6% year-on-y
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
Alibaba stock is trading lower Tuesday after the company reported its quarterly results.
Tencent Non-GAAP EPS of RMB5.26, Revenue of RMB159.5B
Tencent's net profit for the first quarter surpassed expectations, up 62% year on year, and will increase repurchase efforts in the future | Financial News
Video accounts, etc. are driving the growth of the advertising business and offsetting the decline in the game business. Tencent said that the cumulative repurchase of HK$14.8 billion in the first quarter reached a record high, and this year it will step up efforts to implement the 2024 repurchase plan of over 100 billion yuan.