Damo: Baidu Group-SW (09888), Alibaba-SW (09988), and Tencent Holdings (00700) cloud business revenue is expected to benefit from large-scale language model price reductions

Damo expects Alibaba Cloud revenue growth to accelerate again to double digits in the second half of the 2025 fiscal year.

Zhitong Finance03:30 ET

The “milestone moment” of AI regulation has arrived! EU officially approves AI regulations

On Tuesday, the European Union officially approved a critical AI regulation reached in December last year. This “landmark” AI regulation standard and regulation for global AI regulation will come into effect next month.

Zhitong FinanceMay 21 10:05 ET

[Broker Focus] Dongwu Securities maintains Baidu Group's (09888) “buy” rating, indicating that the overall advertising business is still under pressure in the short term

Jinwu Financial News | According to Dongwu Securities Research Report, Baidu Group (09888) Q1 revenue met market expectations, and adjusted net profit exceeded market expectations. According to the bank, operational optimization drove Baidu's core performance to exceed expectations, and investment in AI had limited impact on profit margins. The short-term pressure on the advertising business is mainly affected by the weak intention of advertisers in real estate and upstream and downstream related industries, yet AI technology continues to improve the user experience. According to the bank, considering that the overall advertising business is still under pressure in the short term, but the company's operating efficiency continues to be optimized, the bank changed the company's revenue forecast for 2024-2026 from 1396/1500/1585

金吾財訊May 20 03:21 ET

Li Yanhong is one step ahead of Musk

Commercialization is accelerating.

wallstreetcnMay 17 11:21 ET

On the first anniversary of AI restructuring, Baidu broke into the deep water zone

What kind of report card did Baidu hand over?

Gelonghui FinanceMay 17 07:27 ET

Baidu (09888) rose nearly 4% after performance, adjusted net profit increased 22% in the first quarter, core revenue increased 4%

Jinwu Financial News | Baidu (09888) fluctuated higher at the beginning of the session. At the end of the press release, it rose 3.78% to HK$112.5, with a turnover of HK$476 million. The company announced that in the first quarter of 2024, net profit attributable to Baidu was recorded at 5.448 billion yuan (RMB, same below), a year-on-year decrease of 9% and a quarterly increase of 110%; basic income per common share was 1.87 yuan, and basic income per American depository share was 14.97 yuan. Adjusted net profit of $7.011 billion, up 22% year over year, down 10% quarter on quarter; adjusted diluted income per American depository share was $19.91. Total revenue record for the period

金吾財訊May 16 21:42 ET