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AI search monetization remains intentionally restrained against intense price competition, the analyst says. He adds that Baidu is prioritizing user experience, product quality and user AI adoption, which will likely weigh on near-term advertising revenue. Daiwa keeps its buy rating, but cuts the target price to $165.00 from $175.00 for its ADRs. Downside risks include a slower-than-expected chip unit IPO, and faster-than-expected capital expenditure expansion. 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Kong Stocks Edge Higher as Tech Shares Slide; Baidu Plunges 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=2660454864","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660454864?lang=en_us&edition=fundamental","pubTime":"2026-08-19 16:40","pubTimestamp":1787128834,"startTime":"0","endTime":"0","summary":"Hong Kong stocks closed marginally higher Wednesday, with gains in the broader market offsetting sharp losses in technology shares as investors remained cautious over rising oil prices and bond yields.The Hang Seng Index gained 23.92 points, or 0.1%, to close at 25,495.07, while the Hang Seng China Enterprises Index rose 18.01 points, or 0.2%, to 8,471.21.The Hang Seng TECH Index, the benchmark tracking 30 largest technology-themed companies listed on the Hong Kong bourse, fell 1.2%.Tech stocks tracked losses on Wall Street as higher U.S. Treasury yields raised concerns over valuations and returns from artificial intelligence investments. Renewed tensions in the Middle East also kept oil prices volatile, adding to inflation concerns.In corporate developments, Baidu  plunged more than 11% a day after reporting a sharp drop in second-quarter attributable profit to 2.32 billion yuan from 7.32 billion yuan a year earlier.Shanghai Fudan Microelectronics  fell nearly 6% after saying it will 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Chatter: Boeing-Lockheed Venture ULA Triples Private Bond Deal to $1.5 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2660445911","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660445911?lang=en_us&edition=fundamental","pubTime":"2026-08-19 16:40","pubTimestamp":1787128826,"startTime":"0","endTime":"0","summary":"Boeing  and Lockheed Martin's  joint venture United Launch Alliance is wrapping up a $1.5 billion private bond deal, tripling its original $500 million target, Bloomberg reported Wednesday, citing people familiar with the matter.The report said United Launch Alliance offered four debt portions with maturities ranging from three to 10 years.The company provides rocket launch services to the US military and commercial customers, including Amazon , Bloomberg said.Boeing and Lockheed Martin did not immediately respond to MT Newswires' request for 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Expanding ChatGPT Ads to 31 European Countries","url":"https://stock-news.laohu8.com/highlight/detail?id=2660445801","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660445801?lang=en_us&edition=fundamental","pubTime":"2026-08-19 16:32","pubTimestamp":1787128322,"startTime":"0","endTime":"0","summary":"Microsoft-backed  OpenAI will expand ChatGPT Ads to marketers in 31 European countries next week, the company said Tuesday.The expansion comes six months after OpenAI started testing ads in the US. OpenAI said the European expansion will include Germany, France, Spain and Italy, among others.ChatGPT ads will initially be accessible through the OpenAI Ads Solutions team, agency partners, and technology partners, with the self-service access to follow later in summer, OpenAI 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