After finally disposing of $9888 (-3,47 %) with a 30% loss, I invested the money in a more promising share. Sometimes you have to admit your mistakes and look for new opportunities. 🚀 Have a nice sunny day!
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18After finally disposing of $9888 (-3,47 %) with a 30% loss, I invested the money in a more promising share. Sometimes you have to admit your mistakes and look for new opportunities. 🚀 Have a nice sunny day!
$9888 (-3,47 %) - Baidu Q2 Earnings Highlights:
Segment Revenue:
Operating Metrics:
Cash and Financial Position:
Baidu ($9888 (-3,47 %) ) is considering a collaboration with Tesla ($TSLA (+0,56 %) ) in the field of robotaxis in China. This cooperation would be part of the Apollo Go initiative initiative of Baidu. Apollo Go is expected to become profitable next year as Baidu intensifies its efforts to reduce costs and increase orders. In the last quarter 2023, about 839k rides with the Apollo Go service were carried out, with around 45% of the orders in Wuhan were completely driverless.
Baidu plans to launch its 6th generation of robotaxis at a price of about 200k yuan which is less than half the price of its predecessor. Baidu expects that Apollo Go in Q4 2024 the break-even point and by 2025 becomes profitable.
According to a report in the South China Morning Post Baidu's
$9888 (-3,47 %) Ernie AI bot on its iPhone 16 for the Chinese market.
I'll try a warrant on Baidu with a factor of 2x
China 🇨🇳 is one of the most important economies in the world. That is why I would like to be invested there with at least a small amount, despite the known political risks. I have been invested for some time $9888 (-3,47 %) invested - however, the share price has not yet been able to benefit from the AI boom, the share price is moving sideways at best and there are no dividends either. $855 (-0,56 %) or in $1211 (-2,28 %) or in
Small bet on rising China stocks next year.
Opinions?
Enclosed my portfolio update
In general, consumer spending in America seems to be slowly weakening in the 4th quarter.
The retailer Walmart $WMT (+0,84 %) and others like $LOW (+1,08 %) cyclical stocks like Deere $DE (+0,47 %) are reporting a worse outlook.
Stay true to the strategy of adding tech with Ki Phantasie, gold, crypto and safe investments like Mc Doof $MCD (+0,57 %) to establish.
Nice hit today with Baidu $9888 (-3,47 %) They have reported good figures and are also stepping on the gas in the AI sector.
There is a lot going on 🔥🔥🔥🔥
+9 % since the beginning of the year
Not outstanding, but solid. Unfortunately, I didn't take advantage of the rally in NVidia, Microsoft and Co.
What went on at $9888 (-3,47 %) going down? Down 20 percent last month. I can't find any information on this.
I would like to add another emerging market stock to my portfolio. Having already bought Baidu ($9888 (-3,47 %) ), Reliance Industries ($RELIANCE ), Infosys ($INFY ), Kaspi kz ($KSPI (+1,51 %) ) and Ambev ($ABEV3 ), I would like to add a stock from Indonesia to my basket. I see growth opportunities here in particular due to the forecast population growth.
My eye has fallen on the conglomerate Astra International ($ASII (+1,37 %) ), in which the Jardine Matheson ($J36 (+0,84 %) ) group is also a shareholder. Their businesses would be a good addition to my portfolio. However, I can hardly find any info on the company online.
Has anyone looked into the company in more detail?
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