China robotaxi market could pass $60 bln in 2030- Jefferies

Go back to China robotaxi market could pass $60 bln in 2030- Jefferies

Baidu (BIDU) PT Lowered to $139 at Jefferies

August 22, 2024 2:37 PM EDT

Jefferies analyst Thomas Chong lowered the price target on Baidu (NASDAQ: BIDU) to $139.00 (from $174.00) while maintaining a Buy rating.

The analyst comments "Baidu reported 2Q results with Baidu Core revenue in line with our estimates and non-GAAP earnings beating expectations. We... More

EU to cut planned tariff on Tesla China-made EVs to 9%

August 20, 2024 6:44 AM EDT

The European Union plans to implement a 9% tariff on Tesla (NASDAQ: TSLA) cars imported from China as its China electric vehicle probe advances, it was revealed on Tuesday.

The tariff is lower than the 20.8% it had indicated in July. In addition, the EU said some Chinese companies in joint ventures with... More