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6,406.55

+73.901.17%

Number of Gainers:4

Number of Losers:- -

Number of Flat:- -

PE:- -

High:6,434.06

Open:6,350.58

Low:6,329.69

Close:6,332.65

Volume:41.34M

Turnover:13.02B

Market Cap:8.51T

Float Cap:7.32T

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Google plans to stop making Pixel products in China in 2027, Nikkei Asia reports

Baidu price target lowered to $141 from $165 at BofA

Google Claims AI Can Take Over Tasks of Frontline Deployment Engineers

Baidu's Profitability Likely to Face Pressure in 3Q on AI Investment

Market Chatter: Spirit Airlines Bankruptcy Court Delays $10 Million Google Data Sale Hearing

MT Newswires Live

Analysts’ Top Communication Services Picks: Alphabet Class A (GOOGL), Baidu (BIDU)

Baidu (BIDU) Receives a Hold from Barclays

Alphabet Makes Australian Dollar Bond Market Debut with Record-High Coupon Near 7% on 20-Year Notes, Drawing Over A$20 Billion in Bids

Baidu Likely to Face Headwinds from Elevated Investments, Weaker Advertising Rev

AI Labs are Paying Millions for Data. How to Cash In.

Hong Kong Market Midday Update: Hang Seng Edges Up 0.24%, Tech Index Slips 0.82%, Oil Stocks Surge, Chip Stocks Tumble, Baidu Plunges Over 11%

Alphabet Set to Sell Long Aussie Bond at Record Near 7% Cost- Bloomberg News

Baidu, Inc. : Jefferies Cuts Target Price to $167 from $174

THOMSON REUTERS

AI Now Generates Over Half of Baidu's Revenue, Valuation Framework Shift Paves Way for Recovery

Baidu's Decelerated AI Cloud Infrastructure Growth Weighs on Shares

DBS Remains a Buy on Baidu (BIDU)

Baidu's Shares Plunge Over 12% at Open as Q2 Net Profit Tumbles 68% Year-on-Year, Hitting a Fresh Low Not Seen Since Last September

HK Opening Bell | Hong Kong Stocks Open Lower; Xiaomi Rises 3%; Alibaba Drops 2%; Baidu Tumbles 12%

HK Opening Bell

Baidu downgraded to Underweight from Equal Weight at Morgan Stanley

Alphabet's 7% Aussie bond debut underscores the sky-high cost of AI debt

Finbarr Flynn, Matthew Burgess & Sharon Klyne / Bloomberg

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The company's 2Q revenue came largely in line with low market expectations but adjusted net profit missed expectations, the analysts say. \"Given the combination of elevated investments and weakening advertising revenues, we project operating profit margin to moderate further to 9% in the third quarter from 15% in the second quarter,\" they note. Investors will closely watch its upcoming chip unit listing. Nomura maintains its buy rating, but cuts the target price on its ADRs to US$154.00 from US$170.00. 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Beyond 2Q results, the lack of visibility on the spinoff progress of its AI chip unit also pressured shares, the analysts write. They point to management comments that the proposed listing process of Kunlunxin is continuing, without elaborating on the time frame. However, they note that management remains confident in Kunlunxin's long-term growth and commercial potential with strong AI compute demand. Citi sees Baidu's 3Q general revenue falling 1.5% on year and AI-powered revenue rising 29%. It cuts its ADR target price to $166.00 from $177.00 following the results. 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Market OverviewThe Hang Seng Index (HSI) started the session on the back foot, easing 0.49% to 25,346.90 as investors turned cautious after recent gains. The China Enterprises Index 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