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Spot gold fell 2% on the day, currently trading at $4,036.63 per ounce.
2026-07-13
Spot gold fell 2% on the day, currently trading at $4,036.63 per ounce.
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2026-07-14
Morgan Stanley cut Baidu (09888.HK) target price to $130 from $140 and maintained an "in line with market" rating. MS expects Baidu 2Q26 core revenue to decline 4% YoY to RMB25.3bn; AI cloud infrastructure revenue is forecast to rise 56% YoY to RMB7.
Morgan Stanley cut Baidu (09888.HK) target price to $130 from $140 and maintained an "in line with market" rating. MS expects Baidu 2Q26 core revenue to decline 4% YoY to RMB25.3bn; AI cloud infrastructure revenue is forecast to rise 56% YoY to RMB7.6bn, partly offsetting an 18.5% drop in advertising revenue. The bank trimmed 2026–27 core revenue forecasts by ~3% and lowered operating profit estimates by 11–12%, citing higher AI investment.
2026-07-13
California and 11 other state attorneys general said they are filing suit to block Paramount's acquisition of Warner Bros.
California and 11 other state attorneys general said they are filing suit to block Paramount's acquisition of Warner Bros.
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