Shares of Companies Within the Broader Technology Sector Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs.

BenzingaApr 3 11:27 ET

Express News | Shares of Companies Within the Broader Technology Sector Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs

BenzingaApr 3 11:27 ET

Citigroup: Maintains KINGSOFT's "Buy" rating with the Target Price raised to 44 HKD.

Citigroup released a Research Report stating that it has raised its profit forecasts for KINGSOFT (03888) by 19% and 14% respectively for this year and next, reflecting better-than-expected growth in gaming momentum. The bank has increased its Target Price from HKD 37 to HKD 44, maintaining a "Buy" rating. Looking ahead, the bank conservatively predicts that KINGSOFT's gaming revenue will show single-digit growth this year, but does not rule out the upside potential from new games, and expects the growth momentum of its WPS to continue. Additionally, the bank believes that Kingsoft Cloud will continue to benefit from the AI computing demand from XIAOMI-W (01810), and the profits of WPS are expected to further improve.

Sina Hong Kong stocksApr 2 04:42 ET

Hong Kong stocks movement | Kingsoft Cloud (03896) rises over 4% as AI drives high growth in public cloud revenue. The company directly benefits from Xiaomi and KINGSOFT Group increasing their AI investments.

Kingsoft Cloud (03896) rose over 4%, as of the time of writing, it increased by 4.04%, trading at HKD 7.47, with a transaction volume of 0.24 billion HKD.

Zhitong FinanceApr 1 22:15 ET

[Brokerage Focus] China Securities Co.,Ltd.: It is believed that starting in April, outstanding domestic Agents will gradually emerge, becoming important scenarios for the implementation of AI.

Jinwu Finance | China Securities Co.,Ltd. released a Research Report stating that the marginal returns of current pre-trained large models are constrained by the Scaling Law and have gradually reached a bottleneck; more powerful agents (intelligent entities) have become an important direction for the future efforts of large model vendors. The company believes that, according to the technical framework of agents, their development has essentially gone through three stages: workflow framework + pre-trained model, workflow framework + inference model, and end-to-end agent framework + inference model. With the launch of the third-generation agents represented by Open AI Deep Research, the immense potential of agents and...

Jingu Financial NewsMar 31 20:58 ET

Hong Kong Stock Market Morning Report | AI and other key areas receive renewed attention, DeepSeek becomes the fastest growing AI tool in the Global market.

① The Ministry of Industry and Information Technology will focus on key areas such as AI and critical software, nurturing a batch of platforms for the transformation of innovative achievements. ② DeepSeek's monthly visits exceed ChatGPT. ③ Huawei: Global sales revenue in 2024 is 862.1 billion yuan, with a Net income of 62.6 billion yuan. ④ Li Auto's internal sales target for this year: 0.7 million units for the entire year, with 0.05 million units for pure electric.

cls.cnMar 31 19:05 ET