Baidu Reportedly Begins Layoffs In Bid To Cut Costs After Disappointing Quarter, AI Roles Largely Safe
According to Reuters, layoffs began this week and are expected to continue through the end of the year.
Stocktwits·15d ago
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Why Is JD.Com Stock Falling Today?
Multiple brokerages lowered their price targets on the stock, flagging tougher comparisons for the fourth quarter.
Stocktwits·29d ago
Baidu Eyes Autonomous Vehicle Fleet Expansion In Abu Dhabi
The companies also secured Abu Dhabi's inaugural fully driverless commercial permits issued by the Integrated Transport Centre, allowing it to commence fully driverless robotaxi service for the public.
The company now expects adjusted EBITDA in Q4 to be $2.41 billion to $2.51 billion, marginally below an analyst estimate of $2.49 billion.
Stocktwits·1mo ago
Teladoc Stock Shot Up 8% Today: BofA Views It As Differentiated Asset But Remains Cautious On Near-Term Outlook
Stocktwits·2mo ago
Uber Reportedly Expects Non-Restaurant Deliveries To Surge Faster Than Previously Expected
Bloomberg reported on Friday, citing a company spokesperson, that Uber expects grocery and retail deliveries to hit an annual run rate of $12.5 billion in gross bookings by the end of 2025.
Stocktwits·3mo ago
Baidu’s Apollo Go Gets Dubai's First Autonomous Driving Test Permit, Commences On-Road Trials
Apollo Go and the RTA also plan to expand the fleet to over 1,000 fully driverless vehicles over the next three years, the firm stated.
Stocktwits·3mo ago
Why Did Fintech DLocal’s Stock Surge After-Hours?
DLocal has raised its projections for total payment volume (TPV) growth in 2025 to a range of 40% to 50%, compared with its earlier forecast of 35% to 45%.
Stocktwits·4mo ago
Design Company Figma's Stock Jumps 200% On Nasdaq Debut
The shares opened at $102 compared to the IPO price of $33 per share.
Stocktwits·4mo ago
Should You Invest in the First Trust Dow Jones Internet ETF (FDN)?