Market Monitor News May 22 (Google UP - Target DOWN) US stock markets plunge, due to rising interest rates and budget concerns. Alphabet surges on AI optimism, Target and Tesla fall.
Baidu's Apollo Go Enters Dubai And Abu Dhabi, CEO Robin Li Touts Global Robotaxi Lead With 1.4 Million Rides In Q1 Chinese tech giant Baidu Inc. said Tuesday it has entered the Dubai and Abu Dhabi markets with its Apollo Go autonomous ride-hailing service.
LeddarTech Stock Gets Battered After Slashing 95% Workforce: Retail Bearish The workforce reduction is aimed at cutting costs amid unresolved financing talks and mounting financial pressures.
China-Based Baidu Burns $1.2 Billion To Fuel AI Cloud Growth Baidu, Inc (BIDU) stock gained after reporting Q1 results. Revenue of $4.47B, up 3% YoY, beat analyst estimate. Adjusted EPS of $2.55 beat consensus.
Baidu Stock Gains Above Key Level As AI Push Powers Q1 Beat Baidu stock is pushing higher after the Chinese technology giant posted Q1 results that topped expectations, helped by AI momentum.
Baidu Rises As AI, Cloud Power Q1 Earnings: Retails Turns Extremely Bullish AI and cloud gains offset ad declines, while adjusted EPS and non-marketing revenue outperformed expectations.
Deslist The Dragon? GOP States Want SEC To Boot Out Chinese Stocks Over Audit, Fraud Risks The call follows heightened U.S.-China trade tensions and scrutiny of firms with ties to the Chinese military.
Nasdaq, S&P 500 Futures Lower After Market Snaps 6-Day Rally: Strategist Warns Tariff-Induced ‘Growth Scare’ Still In Play On Tuesday, nine of the 11 sector classes closed in the red, with the defensive consumer staple, utility and healthcare stocks bucking the downtrend.
Market Monitor News May 20 (UP - DOWN) Markets edge higher despite Moody’s downgrade, as Nvidia, UnitedHealth, and JPMorgan make headlines. Stagflation fears resurface.
What Ray Dalio's Latest Moves Tell Investors Ray Dalio, running the world's biggest hedge fund, decided to make some unusual moves in the past quarter, all pointing to one direction.
Alibaba Stock Falls On Report That Apple AI Partnership Is Under Scrutiny Alibaba stock fell after a report that U.S. regulators are scrutinizing its partnership with Apple to offer AI features on iPhones in China.
Michael Burry Makes Major Portfolio Shift, Holding Only One Asset He Deems 'Recession-Proof' Renowned hedge fund manager Michael Burry has made a substantial alteration to his portfolio, maintaining only one bullish position.
Alibaba's Earnings Just Changed Everything for the Stock Alibaba's new quarterly results show investors why this Chinese stock is above all others, defying the risks and uncertainty played by tariffs.
'The Big Short' Fame Michael Burry Doubled Estée Lauder Stake Despite Slump, Bet Against Nvidia And Dumps China Stocks Amid Trade War Jitters In Q1 'The Big Short' famed investor Michael Burry, who accurately predicted the 2008 housing market crash, has turned bearish on most equities while doubling his stake in cosmetics giant Estée Lauder Companies Inc. during the first quarter, according to 13F regulatory filings with the Securities and Exchange Commission on Thursday.
‘Big Short’ Fame Michael Burry Makes Bearish Bets On Nvidia, Chinese Stocks — But Increases Exposure To This Consumer Stock The Chinese stocks have outperformed their U.S. counterparts this year, reflected by the nearly 17% gain for the iShares MSCI China ETF (MCHI).
Tesla Rival Baidu Expands Apollo Go Robotaxi To Europe, Sets Sights On Turkey Amid Rising Competition: Report In a major move towards international expansion, Baidu Inc. (
NASDAQ: BIDU ) is reportedly preparing to test its autonomous ride-hailing service in Europe.
UnitedHealth Approves Pay Package For New CEO, Including $60M Equity Award: Retail Optimism Fades The one-time $60 million equity award in nonqualified stock options will vest after three years, and no additional annual equity awards will be granted during the first three years of Steve Hemsley’s employment.
Baidu's Autonomous Ride-Hailing Service Eyes European Markets, Says Report: Retail Remains Bullish Baidu plans to test its Apollo Go robotaxi service in Switzerland, expanding internationally amid fierce competition, even as strict European regulations pose delays.
