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Hyundai Motors stock price rebounded, recovering a 3.1% drop from the morning session.On February 27th, Citigroup issued a report stating that although Baidus (09888.HK) Q4 2025 revenue met expectations and earnings beat expectations, its US-listed shares still fell by more than 6%, possibly due to the lack of a first dividend declaration, even though management reiterated that a dividend is expected to be paid before the end of the year. AI cloud infrastructure revenue achieved steady quarter-on-quarter growth, but the market remains concerned that revenue growth excluding Kunlun Chip may have slowed. AI-driven revenue disclosures were good, but this was offset by a lack of disclosure regarding traditional search business. Looking ahead to 2026, the bank expects Kunlun Chip revenue to reach RMB 13.2 billion, accounting for 52% of total AI cloud infrastructure revenue, with this business expected to grow 30% year-on-year to RMB 25.6 billion. AI-native marketing revenue is projected to grow 51% year-on-year to RMB 14.8 billion. After valuation adjustments, the bank raised its target price for Baidu (BIDU.O) US-listed shares from $186 to $188. Based on reasonable valuation, the potential premium from the Kunlun Chip spin-off, and the overseas expansion momentum of the Robotaxi business, the bank maintains its buy rating.February 27th - Alibaba announced that all newly launched AI glasses products will be marketed globally under the unified brand "Qwen Glasses". The already launched Quark AI Glasses will maintain synchronized feature updates with Qwen AI Glasses, allowing users to enjoy Qwen AI services.February 27th - A Gallup poll shows that South Korean President Lee Jae-myungs approval rating rose slightly to 64% this week, mainly due to positive reviews of his economic and housing policies. Negative reviews of Lee Jae-myung remained unchanged at 26%. Among the reasons for positive reviews, economic and real estate policies were mentioned most frequently, each accounting for 17%, followed by foreign policy (11%). Among negative reviews, concerns about real estate policies accounted for 15%, and negative views on his economic policies accounted for 10%. The ruling Democratic Partys approval rating dropped one percentage point to 43%, while the main opposition People Power Partys approval rating remained unchanged at 22%.February 27th - According to the China State Railway Group, the national railway system is expected to transport 15.35 million passengers today (February 27th), with 1,036 additional passenger trains planned. As of 8:00 AM today, the 12306 railway ticketing platform has sold a total of 387 million train tickets for the Spring Festival travel season. Yesterday (February 26th), the national railway system transported 15.784 million passengers, maintaining a level above 15 million for seven consecutive days, with transportation remaining safe, stable, and orderly.

Stock Markets Have Wild Right After the Inflation Number

Cory Russell

Jul 14, 2022 14:49

Technical Analysis of the S&P 500

Due to higher than expected inflation data in the United States, the S&P 500 has been all over the place during trading on Wednesday. This does imply that there will likely be a lot of uncertainty moving forward, and as a result, there will probably be a lot of volatility, which is nothing new in this market. Considering that the market has recovered very well, it is probable that there will still be concerns about our future direction.


The 50 Day EMA breaking below it and moving lower makes the 4000 level above a significant resistance barrier. As a result of the market's definite downturn, I believe it will continue to be a source of considerable anxiety. We can eventually take it below the 3750 threshold. In the end, I believe there is significant negative pressure on this market that might lead to a move to the lows around the $3637 level. The market will collapse if we break down below that level.


Alternately, if we break through the 4000 level, we may try to climb as high as the 4200 level. I anticipate paying great attention to the 4200 level because I think it may provide a chance for the market to make a full recovery. However, despite the fact that Wall Street will almost surely come up with some kind of story to finally drive things higher, I don't see that occurring.