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18.05.26 - 13:30
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Baidu Q1 Profit Drops, AI Revenues Rise; Sees AI Growth Ahead; Stock Rises (RTTNews)
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Shares of Baidu Inc. were gaining around 4 percent in the pre-market activity on Nasdaq after the Chinese AI and internet company Monday reported significantly higher revenues in Core AI-powered Business in its first quarter and projected AI growth ahead, even as net profit and total revenues dropped from last year....
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18.05.26 - 12:30
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HKD5.3B Southbound Trading Net Outflow from TRACKER FUND (AAStocks)
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There was HKD548.7 million, HKD218.2 million and HKD57.1 million Southbound Trading net inflow to TENCENT (00700.HK), SMIC (00981.HK) and RADIANCE HLDGS (09993.HK).There was HKD5.3 billion and HKD1.3 billion Southbound Trading net outflow from TRACKER FUND (02800.HK) and BABA-W (09988.HK).For Southbound Trading of Shanghai-Hong ......
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18.05.26 - 12:00
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Baidu says AI now primary revenue driver despite 2% drop in first quarter revenue (SCMP)
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Baidu has reached a historic milestone as its AI businesses surged to become its primary revenue driver in the first quarter, despite a 2 per cent dip in overall income, the Chinese tech giant said on Monday.
The company's artificial intelligence-related businesses, including AI cloud, AI applications and AI marketing services, saw revenue grow to 13.6 billion yuan, a 49 per cent year-on-year increase.
“AI-powered business exceeded half of Baidu general business revenue for the first time,......
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18.05.26 - 12:00
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TENCENT Repurchases 1.112M Shares on Mon for HKD500 million (AAStocks)
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TENCENT (00700.HK) repurchased 1.112 million shares on the Stock Exchange today (18th), at prices ranging from HKD445.8 to HKD457.4 per share, involving HKD500 million.This marked the first repurchase since the ordinary resolution was passed (13 May 2026), accounting for 0.0122% of its share capital.AASTOCKS Financial NewsWebsit......
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