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Why Is Baidu Stock Rising Premarket?
A report released on Thursday stated that Baidu, as well as Alibaba, have begun using their own chips for AI models, a step aimed at reducing their reliance on Nvidia.
Stocktwits·2d ago
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Alibaba Jumps 3% Premarket: Barclays Sees Strong Cloud Growth, Instant Commerce Woes Ending
Cloud and AI optimism lifted Alibaba’s Hong Kong shares to a nearly four-year high on Tuesday.
Stocktwits·5d ago
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Temu Tries To Rekindle US Growth With Deep Discounts And Holiday Push As Trump Tariffs Roil Sales: Report
Tariffs and the end of the de minimis rule disrupted the PDD-owned e-tailer’s business model of selling low-value Chinese goods in the U.S., prompting the company to briefly shift its focus to Europe and other markets.
Stocktwits·5d ago
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Alibaba Cloud Leads Around $100M Bet On Chinese Startup Eyeing Robot Market
X Square Robot is developing AI systems that enable robots to understand instructions and perform tasks autonomously, and has also unveiled a wheeled robot, called Quanta X2.
Stocktwits·6d ago
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China Warns Against ‘Disorderly’ AI Race As Local Tech Giants Chase US Rivals
he comments follow a Chinese regulator's instruction to the top food delivery players to rein in excessive spending on discounts and promotions.
Stocktwits·16d ago
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Alibaba Seeks $6.5B Loan Refinancing As It Pours Cash Into Cloud, AI And Food Delivery Wars: Report
It is common for large companies to refinance large loans before maturity, as this helps them avoid a significant cash outlay and maintain steady cash flow.
Stocktwits·17d ago
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Kim, Putin, Xi To Stand Shoulder-To-Shoulder In Beijing Parade Amid Growing Tensions With Trump
The move underscores deepening diplomatic ties in Eurasia, seen as a signal to U.S. President Donald Trump, who has ramped up trade pressure on China while seeking to draw Russia toward ending the war in Ukraine.
Stocktwits·17d ago
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PDD Stock Keeps Retail Investors And Wall Street Bullish Despite Mixed Q2 Report: Here’s Why
Citi and Macquarie raised their price targets on the company’s U.S.-listed shares.
Stocktwits·19d ago
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PDD Gains As Investor Interest Builds Ahead Of Next Week’s Earnings: 'Retail Trades See ‘Whales’ Hand In The Surge'
PDD operates Pinduoduo in China and Temu in international markets.
Stocktwits·23d ago
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China Rapid With AI Rollouts As ByteDance, DeepSeek Unveil New Models: Should US Stalwarts Fear?
TikTok owner ByteDance and DeepSeek on Thursday announced upgraded AI models.
Stocktwits·23d ago

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