On the evening of November 21st, Baidu (09888/BIDU) released a mixed third quarter financial report. According to the financial report, Baidu's total revenue for the third quarter of 2024 was 33.56 billion yuan, a year-on-year decrease of 3%; The net profit was 7.6 billion yuan, of which the net profit attributable to Baidu's core was 7.54 billion yuan, a year-on-year increase of 17%, exceeding market expectations. It is worth noting that Baidu's online marketing ... 阅读全文

On February 1, 2024, Amazon Sports, which went public on the US stock market, received its best quarterly report. On November 19th Eastern Time, Amalfin Sports released its third quarter report, showing a year-on-year revenue growth of 17.4% in the third quarter of this year; Net profit reached 56.2 million US dollars, turning losses into profits year-on-year. The excellent performance in the third quarter directly led the company to achieve a year-on-year turnar ... 阅读全文

On November 21, at the 2024 World Internet Conference Wuzhen Summit, Zhou Yuan, the founder and CEO of Zhihu, delivered a speech at the Digital Education Forum and the Internet Entrepreneurs Forum respectively. Zhou Yuan said that digital education is not only a new form of education, but also the fruits of Internet enabled education industry. The Internet not only undertakes the responsibility of network education, but also changes the education industry. With t ... 阅读全文

The 18th Shenzhen International Financial Expo (hereinafter referred to as the "Expo") recently opened at the Shenzhen Convention and Exhibition Center. As the only window for Ping An Technology's ability to export to the outside world, Financial OneConnect showcased its four major products of "retail+credit+property insurance+life insurance" at the exhibition. These products not only help domestic financial institutions accelerate their digital transformation, b ... 阅读全文

On the evening of November 21st, Baidu released its financial report for the third quarter of 2024, showing a total quarterly revenue of 33.6 billion yuan, Baidu's core revenue of 26.5 billion yuan, and a net profit attributable to Baidu's core of 7.54 billion yuan, a year-on-year increase of 17%. According to the financial report, in November, the daily average call volume of Wenxin's large model reached 1.5 billion times. Compared to the 50 million disclosures ... 阅读全文

Perfume brand Zu Malone unexpectedly sold watches across the line? On various online platforms, a store called JO MALONE has entered the consumer's field of vision. The merchant's product has a similar appearance to the Rolex Logbook watch, which is often sold for 100000 yuan, but it was only sold for 398 yuan during the JO MALONE store live broadcast. The name JO MALONE is similar to the Jo Malone London brand, which is a brand under the Est é e Lauder Group an ... 阅读全文

On Thursday Eastern Time, the three major indexes of the US stock market collectively rose. As of the close, the Dow Jones Industrial Average rose 1.06%, the Nasdaq rose 0.03%, and the S&P 500 index rose 0.53%. Most large tech stocks have fallen, with Google falling over 4%, Amazon falling over 2%, and Apple, Tesla, Microsoft, and Meta experiencing slight declines; Intel and Netflix soared by over 1%, while Nvidia rose slightly, hitting a new intraday high. Among ... 阅读全文

Since Trump's victory, the US stock market has been filled with cheers and excitement, with the S&P 500 index even breaking through the important threshold of 6000 points at one point. Overall, Wall Street is very optimistic about the trend of the US stock market next year, and several investment banks have raised their target levels for the S&P 500 index. UBS is one of them. The bank pointed out in its latest research report that this period of prosperity, marke ... 阅读全文

According to insiders, US President elect Trump has proposed to choose financier Kevin Warsh as the US Treasury Secretary. And when Federal Reserve Chairman Powell's term ends in 2026, Walsh may still be nominated as Federal Reserve Chairman. The insider mentioned above stated that Trump discussed this potential arrangement during his meeting with Walsh at Mar-a-Lago, a private club in Florida, on Wednesday. Walsh has become one of the most popular candidates for ... 阅读全文

Want to double sales in the fourth quarter? Xiaopeng Motors has delivered its strongest quarterly report, but this is just the beginning. In the third quarter, Xiaopeng Motors' self generating ability has significantly improved, with a gross profit margin of 15.3%, an increase of 18 percentage points year-on-year, and achieving growth for five consecutive quarters. This figure is in a leading position in the industry and exceeds the gross profit margin performanc ... 阅读全文

Elon Musk, another big plan has been revealed! Recently, Tesla CEO Musk and American entrepreneur Vivek Ramaswami revealed the work plan of the Department of Government Efficiency (DOGE), which includes laying off thousands of civil servants and relaxing all regulations. They also suggested changing the remote work principle and pushing for the cancellation of the work from home policy for federal employees, which would "trigger a popular wave of voluntary resign ... 阅读全文

On the evening of November 21st, Baidu released its financial report for the third quarter of 2024. The financial report shows that Baidu's quarterly total revenue was 33.6 billion yuan, with a net profit of 7.6 billion US dollars, an increase of 14% year-on-year. Baidu's core revenue was 26.5 billion yuan, with a net profit attributable to Baidu Core of 7.54 billion yuan, a year-on-year increase of 17%. According to the financial report, in November, the daily a ... 阅读全文

Blue Whale News, November 22nd - On November 21st, Pinduoduo released its third quarter financial report as of September 30th. The financial report data showed that the company's revenue in Q3 2024 was 99.35 billion yuan, a year-on-year increase of 44%, which was lower than the market expectation of 102.83 billion yuan; The net profit attributable to the parent company was 24.998 billion yuan, a decrease of 22% compared to the previous period; After adjustment, t ... 阅读全文

Reporter Chen Ting In December 2023, Alibaba Group CEO Wu Yongming announced that a youthful management team would take over Taotian Group. Now, another round of bold reforms has begun. On November 21st, Alibaba (HK09988, stock price HKD 84.40, total market value HKD 1.62 trillion) Group CEO Wu Yongming released a staff email announcing the establishment of Alibaba's e-commerce business group, appointing Jiang Fan to be in charge and report to Wu Yongming. Accord ... 阅读全文

After announcing its financial report, AI software company Snowflake closed up 32.71%, the highest increase since its listing, far exceeding market expectations and even overshadowing Nvidia, which also released its financial report. The sharp rise in Snowflake's stock price has driven the software, network security concept, and cloud sectors, with MongoDB up 12%, Elastic up 6%, IBM up over 3%, and Safran up 3%. RuiSui analyst Jordan Klein stated that software st ... 阅读全文

Just as tech giant Google is facing the challenge of being forced to sell its Chrome browser and dissolve its partnership with AI startups, news has come that AI startup OpenAI is about to enter the browser market. On the evening of November 20th local time, the US Department of Justice officially submitted a document to the federal court, proposing that Judge Amit P. Mehta, who ruled in August this year that Google illegally monopolized the search market, demand ... 阅读全文

The longest Double 11 in history has ended, and major e-commerce platforms have handed over the results of this fierce competition. On the evening of November 21st, Pinduoduo released its financial report for the third quarter of 2024, ending on September 30th. Data shows that in the third quarter of 2024, Pinduoduo's total revenue was 99.3544 trillion yuan, a year-on-year increase of 44%, with a market estimate of 102.83 billion yuan. Compared to the previous qu ... 阅读全文

According to a report released by Morgan Stanley, Baidu's revenue in the third quarter met expectations, with core revenue remaining unchanged and non online marketing revenue growing by 12%. Baidu's profit for the quarter was slightly higher than expected, with core non GAAP operating profit remaining unchanged, exceeding market forecasts by approximately 4%. The core operating profit margin remained at 25.1%, about 0.8 percentage points higher than expected. Mo ... 阅读全文

Securities Times Network News: Dahua Jixian released a report stating that Beike's profit in the third quarter exceeded expectations, with revenue increasing by 27% year-on-year, which is in line with market expectations but lower than the previous 32% growth forecast. Non GAAP's net profit decreased by 17% year-on-year to 1.8 billion yuan, and the company expects its fourth quarter revenue to increase by 39% to 44% year-on-year. Dahua Jixian maintains its "buy" ... 阅读全文

On November 21st, Pinduoduo released its third quarter 2024 financial report. Benefiting from the stable recovery of macro consumption, Pinduoduo's performance remained stable, with revenue reaching 99.4 billion yuan for the quarter. Compared to the previous quarter, the revenue growth rate has slowed down. Meanwhile, the profit reached 25 billion yuan, a decrease of 22% compared to the previous period. Industry insiders believe that in the past quarter, Pinduodu ... 阅读全文