- Benzinga
Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business. Reports indicated that Apple has engaged in preliminary discussions to incorporate Baidu’s generative AI technology into its devices. CEO Tim Cook’s Shanghai store launch highlights Apple’s ambitions in the country despite geopolitical tensions. Baid
- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Slides, Tesla Rallies
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
- Investor's Business Daily
Is Tesla Stock A Buy Or A Sell As Longtime Bull Believes 'Elon Needs Tesla More Than Ever Before'?
Tesla stock is angling lower, falling around 30% so far this year, but shares have rallied back following the EV giant's first-quarter earnings and revenue report on April 23. Tesla reported worse-than-expected first-quarter earnings and revenue late on April 23. Investors appeared not to care, sending TSLA shares jumping 12% the following day after Musk signaled "more affordable" new models are on the way.
