Baidu Option Alert: Aug 15 $100 Calls at the Bid: 800 vs 1996 OI; Earnings 2/18 Before Open 

Baidu Option Alert: Aug 15 $100 Calls at the Bid: 800 @ $12.55 vs 1996 OI; Earnings 2/18 Before Open Ref=$97.49

Baidu Option Alert: Jan, 2026 $100 Puts at the Bid: 500 vs 823 OI; Earnings 2/18 Before Open 

Baidu Option Alert: Jan, 2026 $100 Puts at the Bid: 500 @ $16.5 vs 823 OI; Earnings 2/18 Before Open Ref=$95.87

Baidu (NASDAQ:BIDU) 株価情報

Baidu

Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2023. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

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要点WeRideが、売上高の減少と損失の拡大を報告しつつ、100億ドル以上の時価総額を誇るという自己紹介のもと、米国に上場を申請した同社のR&amp;D（研究開発）費用は、今年上半期において売上高の3倍以上となる規模だったエディス・テリー氏の執筆

WeRide社がナスダック上昇申請　Didiに続く規模

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Apple Inc. (NASDAQ:AAPL) が人工知能（AI）分野において抱える野心的な課題は、同社にとって重要な市場である中国で大きな障害に直面している。出来事：AppleのAI分野における拡大は、アップグレードされた音声アシスタントSiriを含むもので、中国の厳格なAI規制によって妨げられているとCNBCが報じたところによると、このことが明らかになった。

AppleのAI推進苦戦か　中国で規制と競合に直面

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share

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Citigourp Global Markets 2% Protected Notes Linked To The Djia

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Chinese stocks are trading higher amid tech sector optimism and recent stimulus hopes.

U.S. listed Chinese stocks led by e-commerce and gaming giants like Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), JD.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) along with electric vehicle companies NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) are trading higher on Friday.
Chinese tech barometer Alibaba reported its upbeat quarterly results, adding to the Chinese market rebound, which the property market selloff and economic slowdown have hit.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/emerging-markets/25/02/43815333/muddy-waters-carson-block-warns-against-chinese-stocks-despite-recent-market-surge-report" rel="noreferrer noopener">Muddy Waters&#8217; Carson Block Warns Against Chinese Stocks Despite Recent Market Surge: Report</a>
Alibaba reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43846533/alibaba-q3-earnings-revenue-and-eps-beat-eyes-global-e-commerce-profitability-in-fy25-increase-investments-in-ai" rel="noreferrer noopener">fiscal third-quarter 2024</a> revenue growth of 8% to $38.38 billion, topping the analyst estimate of $38.19 billion. Adjusted earnings per ADS of $2.93 beat the&nbsp;consensus estimate of $2.66.&nbsp;Adjusted net income rose 7% Y/Y to $7 billion.
Alibaba expects its international e-commerce unit to turn profitable next fiscal year and plans to spend more on Cloud and AI over the next three years than in the past decade.
Also, Reuters cited a Friday post by Chinese AI startup DeepSeek&nbsp;stating that it plans to make its models&#8217; code publicly available.
DeepSeek&#8217;s affordable AI model promises and Beijing&#8217;s support for private firms have prompted Chinese companies, mainly in the tech sector, to raise funds overseas, Reuters cites bankers.
Two tech companies raised $500 million this week alone, with more gearing up to raise capital via offshore equity sales.
Chinese video streaming platform iQIYI&nbsp;Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) raised $350 million on Thursday, and Hong Kong-listed auto chip maker Black Sesame&nbsp;raised $160 million.
Adding to the positive momentum, China&#8217;s President Xi Jinping met with <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43846533/alibaba-q3-earnings-revenue-and-eps-beat-eyes-global-e-commerce-profitability-in-fy25-increase-investments-in-ai" rel="noreferrer noopener">tech business leaders</a>, including Jack Ma, the founder of e-commerce juggernaut Alibaba, and Liang Wenfeng, the founder of DeepSeek.
Li He of Davis Polk told Reuters about a solid pipeline of IPO candidates, particularly in tech, healthcare, and consumer sectors. Besides secondary market deals, IPOs by Chinese companies, particularly in Hong Kong, will likely pick up pace.
Appaloosa Management&#8217;s David Tepper <a target="_blank" href="https://www.benzinga.com/markets/emerging-markets/25/02/43619521/deepseek-impact-billionaire-david-tepper-bets-big-on-china-increases-stakes-in-alibaba-jd-com-and-pdd" rel="noreferrer noopener">raised his bets</a> on China-related stocks, including Alibaba, Baidu, and PDD and exchange-traded funds (ETFs) last quarter.
Investors can gain exposure to Chinese equities through KraneShares Trust KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) and&nbsp;iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>).
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/02/43850567/user-engagement-and-high-margin-businesses-fuel-bilibili-q4-growth-ceo-highlights-ai-potential" target="_blank" rel="noreferrer noopener">User Engagement And High-Margin Businesses Fuel Bilibili Q4 Growth, CEO Highlights AI Potential</a></li>
</ul>
Image via Shutterstock

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US Listed China Stocks Rally: Alibaba's Performance, President Xi's Support, DeepSeek AI Boost Investor Confidence

China&#8217;s Oppo showcased its <a target="_blank" href="https://www.benzinga.com/topic/smartphones" rel="noreferrer noopener">new flagship folding phone</a> with artificial intelligence-focused features Thursday, intensifying rivalry with premium smartphone companies like Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Samsung&nbsp;Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) and Huawei.
The iPhone captured an <a target="_blank" href="https://www.benzinga.com/markets/emerging-markets/25/01/42951487/apples-iphone-market-share-declines-in-china-huawei-and-xiaomi-gain-momentum-in-2024-counterpoint" rel="noreferrer noopener">18% global market share</a> in 2024, down from 19% in 2023, due to its smartphones&#8217; lack of AI features. Samsung&nbsp;led with a market share of 19% in 2024, down from 20% in 2023.
Oppo, akin to its rivals, remains committed to artificial intelligence-focused features on the device.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43847808/lenovo-q3-earnings-20-revenue-jump-ai-pcs-and-smartphones-power-market-expansion" rel="noreferrer noopener">Lenovo Q3 Earnings: 20% Revenue Jump, AI PCs and Smartphones Power Market Expansion</a>
Oppo&#8217;s ultra-thin design, the Find N5 phone, with a 6.62-inch display and a half foldable, will retail for 2,499 Singapore dollars ($1,867.70), according to CNBC <a target="_blank" href="https://www.cnbc.com/2025/02/20/oppo-find-n5-folding-phone-specs-price-availability-.html" rel="noreferrer noopener">report</a>.
Find N5&#8217;s 5,600 milliampere-hour (mAh) battery, which is made of silicon-carbon material and is the size of a credit card. Oppo Find N5 has a triple-camera setup with a telephoto lens that can zoom in up to 30 times thanks to AI Telescope Zoom.
The phone also has a personal AI assistant that can interpret and summarize documents, generate summaries of phone calls, and translate video calls.
Oppo&#8217;s O+ Connect lets users connect their phones to a Mac computer. Oppo uses Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google as its AI partner in international markets.
Recently,&nbsp;Huawei launched the Mate XT, a &#8220;trifold&#8221; phone with three screens, for the international market. Samsung recently launched additional AI capabilities on its&nbsp;new flagship Galaxy S25 series.
Apple tapped Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) to <a target="_blank" href="https://www.benzinga.com/25/02/43631776/apple-teams-up-with-alibaba-for-ai-innovation-in-china-submits-ai-features-for-regulatory-approval" rel="noreferrer noopener">integrate AI features</a> into iPhones in China as it fights to regain lost market share from
China-backed players like Oppo, Vivo, Xiaomi, and Huawei, whose smartphones with AI features were available at a considerable discount compared to Apple.
Apple also has a partnership with Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>). Recently, <a target="_blank" href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag" rel="noreferrer noopener">Apple showcased its</a> $599 iPhone 16e with OLED display, A18 chip, and custom modem.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/02/43846533/alibaba-q3-earnings-revenue-and-eps-beat-eyes-global-e-commerce-profitability-in-fy25-increase-investments-in-ai" target="_blank" rel="noreferrer noopener">Alibaba Q3 Earnings: Revenue And EPS Beat, Eyes Global E-Commerce Profitability In FY25, Increase Investments In AI</a></li>
</ul>
Photo via Oppo

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China's Oppo Heats Up Smartphone Landscape, Launches AI-Powered Foldable At Competitive Price

BEKE

Shares of US-listed Chinese companies are trading higher after China's central bank vowed to take measures to support its real estate and shore up the economy. Additionally, Alibaba reported better-than-expected Q3 financial results which may be buoying Chinese equities.

Benchmark analyst Fawne Jiang reiterated Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) with a Buy rating and a <a target="_blank" href="https://www.benzinga.com/quote/BIDU/analyst-ratings" rel="noreferrer noopener">$130&nbsp;price target</a>.
Jiang was surprised by the pressure on Baidu&#8217;s stock yesterday despite a generally <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43778265/baidu-q4-earnings-ai-cloud-grows-margin-slides-expects-ai-investments-to-bear-fruit-in-2025" rel="noreferrer noopener">in-line quarter</a> with an upsized beat in AI Cloud growth.
The analyst remains a firm believer in the accelerating adoption of generative AI in China in fiscal 2025, catalyzed by DeepSeek&#8217;s breakthroughs, and views full-stack service providers like Baidu as key beneficiaries of this trend, with cross-selling monetization opportunities against a highly competitive environment.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43813469/analog-devices-beats-q1-estimates-raises-dividend-as-automotive-revenue-declines" rel="noreferrer noopener">Analog Devices Beats Q1 Estimates, Raises Dividend As Automotive Revenue Declines</a>
Baidu&#8217;s decision to open-source its <a target="_blank" href="https://www.benzinga.com/markets/emerging-markets/25/02/43691826/not-just-deepseek-chinas-ai-landscape-heats-up-as-baidu-launches-free-ernie-bot" rel="noreferrer noopener">upcoming ERNIE 4.5 series</a> and offer ERNIE Bot for free access should further drive broader adoption. While Jiang acknowledged market concerns surrounding search, management has guided for a gradual recovery in ad growth, with a return to growth expected in the second half.
Additionally, the integration of generative AI in search presents new monetization opportunities, particularly in transaction-based verticals.
The analyst acknowledged the global challenge of search engines competing against new traffic gateways (Chatbot) yet noted that it&#8217;s still too early to discount Baidu&#8217;s efforts to transform its search business through AI.
Along with minimum asset value recognition <a target="_blank" href="https://www.benzinga.com/markets/equities/25/02/43806974/baidus-robotaxi-service-hits-1-1-million-paid-rides-in-q4-expands-to-hong-kong-as-1st-operator-allowed-to-test-autonomous-vehicles" rel="noreferrer noopener">in robotaxi and</a> the expected acceleration of share buybacks, he noted an attractive risk/reward profile for Baidu stock.
With the expected growth in generative AI adoption, the analyst raised his fiscal 2025 Cloud growth projection to 20% (versus 17% prior).
Jiang noted that search engines globally are facing ongoing debates about rising competition from Chatbot as new user gateways, yet indicated that Baidu&#8217;s decision to make its ERNIE Bot free should help to level the playing field.&nbsp;&nbsp;
On the monetization front, the analyst noted that the company will prioritize user experience but nevertheless sees viable monetization opportunities, especially in Agent.
AI Agent&#8217;s strength in mastering complex, non-standardized service portfolios is conducive to transaction-based verticals, which Baidu has largely exposed to.
In light of anticipated monetization in the second half, Jiang left his fiscal 2025 core ad growth projection unchanged at flat.
Baidu plans to focus on scaling its domestic robotaxi operations, exploring asset-light operating models, and expanding its international presence.
While Apollo Go operates at a comparable scale as Waymo in terms of quarterly rides completed, there&#8217;s minimal or no asset value reflected in the stock, which the analyst noted presents an attractive optionality for investors; admittedly, valuation catalysts remain to be materialized. Regarding capital allocation, Baidu is committed to advancing its AI capabilities and has pledged to accelerate its buyback program in fiscal 2025 to enhance shareholder returns.
Jiang projected fiscal 2025 revenue of $19.033 billion and EPS of $11.81. He expects fiscal 2026 revenue of $20.098 billion and EPS of $12.95.
Price Action: BIDU stock is down 2.30% at $88.09 at last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/02/43813234/fiverr-q4-earnings-beats-estimates-projects-strong-2025-growth-ai-innovation-expands" target="_blank" rel="noreferrer noopener">Fiverr Beats Estimates In Q4, Projects AI-Powered Expansion And Rising Buyer Spend</a></li>
</ul>
Image by testing on Shutterstock

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Baidu's AI Cloud, Robotaxi Growth And Accelerated Buybacks Position It For Strong 2025: Analyst

Benchmark analyst Fawne Jiang reiterates Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) with a Buy and maintains $130 price target.

Benchmark Reiterates Buy on Baidu, Maintains $130 Price Target

US Commerce Secretary Howard Lutnick&#8216;s hedge fund Cantor Fitzgerald LP increased the firm&#8217;s exposure to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Chinese technology companies during the fourth quarter of 2024, when Donald Trump was reelected as the President.
What Happened: Lutnick is the chairman and CEO of Cantor Fitzgerald, who was Trump&#8217;s pick to serve as the U.S. Secretary of Commerce. The fund added many Bitcoin-related stocks and exchange-traded funds to its portfolio in the fourth quarter amid the span of the U.S. elections, results for which were declared on Nov. 5.
Here are the key changes made to the fund&#8217;s portfolio during the quarter.
<ul>
<li>While Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) was already a part of Fitzgerald&#8217;s portfolio during the third quarter, the stake was increased by 66% in the fourth quarter. However, the fund also added other stocks involved with BTC acquisition to its portfolio.</li>
</ul>
<ul>
<li>Michael Saylor&#8216;s Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), formerly MicroStrategy, and MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) were the new entrants in Fitzgerald&#8217;s portfolio. While the fund added a staggering 3,580,131 shares of MSTR worth $1.036 billion in the fourth quarter, about 170,362 of MARA were added.</li>
</ul>
<ul>
<li>Similarly, Fitzgerald was already exposed to BTC through one of its ETF holdings, iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>). It purchased an additional 1,127,368 shares or 221% of IBIT in the fourth quarter.</li>
</ul>
<ul>
<li>Other Bitcoin-related ETFs that the fund added to its portfolio included Grayscale Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#NYSE">GBTC</a>), Fidelity Wise Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>), and Bitwise Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>).</li>
</ul>
<ul>
<li>Apart from BTC, the company also increased its existing position in iShares Ethereum Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) by 35,750 shares or 140% to a value of $1.550 million.</li>
</ul>
<ul>
<li>Along with the cryptocurrency exposure, Cantor Fitzgerald was seen increasing stakes in China-based technology companies as it boosted its stake in Alibaba Group Holding Ltd ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) by 2504%, valued at $5.012 million, as of the fourth quarter.</li>
</ul>
<ul>
<li>Fitzgerald further hiked its holdings in Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and JD.Com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) by 333% and 98%, respectively.</li>
</ul>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company</td>
<td>Holdings (as of Sept. 30)</td>
<td>Holdings (as of Dec. 31)</td>
<td>Change (in %)</td>
<td>Value As Of Dec. 31</td>
</tr>
<tr>
<td>Strategy Inc. </td>
<td>0</td>
<td>3,580,131</td>
<td>0%</td>
<td>$1.036 billion</td>
</tr>
<tr>
<td>MARA Holdings Inc. </td>
<td>0</td>
<td>170,362</td>
<td>0%</td>
<td>$2.856 million</td>
</tr>
<tr>
<td>Coinbase Global Inc. </td>
<td>2,401</td>
<td>3,988</td>
<td>66%</td>
<td>$990,000</td>
</tr>
<tr>
<td>iShares Bitcoin Trust ETF </td>
<td>509,386</td>
<td>1,636,754</td>
<td>221%</td>
<td>$86.829 million</td>
</tr>
<tr>
<td>iShares Ethereum Trust ETF </td>
<td>25,555</td>
<td>61,305</td>
<td>140%</td>
<td>$1.550 million</td>
</tr>
<tr>
<td>Grayscale Bitcoin Trust</td>
<td>0</td>
<td>7,150</td>
<td>0%</td>
<td>$529,000</td>
</tr>
<tr>
<td>Fidelity Wise Origin Bitcoin Fund </td>
<td>0</td>
<td>4,987</td>
<td>0%</td>
<td>$406,000</td>
</tr>
<tr>
<td>Bitwise Bitcoin ETF</td>
<td>0</td>
<td>4,336</td>
<td>0%</td>
<td>$220,000</td>
</tr>
<tr>
<td>Alibaba Group Holding Ltd ADR </td>
<td>2,270</td>
<td>59,119</td>
<td>2504%</td>
<td>$5.012 million</td>
</tr>
<tr>
<td>Baidu Inc. </td>
<td>92,330</td>
<td>399,975</td>
<td>333%</td>
<td>$33.721 million</td>
</tr>
<tr>
<td>JD.Com Inc. </td>
<td>36,740</td>
<td>72,745</td>
<td>98%</td>
<td>$2.522 million</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: <a href="https://13f.info/13f/000092963825000760/compare/000092963824003880">13F.info</a></figcaption></figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/02/43806017/alibabas-q4-shakeup-many-asian-funds-exit-while-us-based-funds-like-ubs-oconnor-marathon-assetmark-cantor-fitzgerald-double-down">Alibaba Sees Asian Funds Exiting In Q4 Even As Their US Peers UBS O&#8217;Connor, Marathon, AssetMark, And Cantor Fitzgerald Double Down</a>
Why It Matters: According to its 13F filings with the SEC, the fund had 275 holdings valued at $5.020 billion as of the fourth quarter.
The Senate confirmed Howard Lutnick as Trump&#8217;s commerce secretary on Tuesday with a 51-45 vote, which fell along party lines. Lutnick had previously served as an adviser during Trump&#8217;s transition to his second term in the White House.
As Lutnick is part of the Trump 2.0 cabinet it is unclear if he will continue to serve as the CEO of the fund. Meanwhile, the fund has many co-CEOs including Pascal Bandelier, Sage Kelly, and Christian Wall.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/43805475/big-bets-on-ai-powered-precision-medicine-major-funds-from-ark-and-jpmorgan-to-blackrock-and-citadel-add-tempus-ai-to-their-portfolio">Tempus AI Sees Surge In Institutional Holdings In Q4: Cathie Wood&#8217;s Ark Invest, JPMorgan, And BlackRock Load Up On TEM Stock</a></li>
</ul>
Photo courtesy: Cantor Fitzgerald

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$BTC

Bitwise Bitcoin ETF Common Shares of Beneficial Interest

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US Commerce Secretary Howard Lutnick's Cantor Fitzgerald Increases Bitcoin Exposure Via ETFs, MSTR, MARA; Adds Chinese Firms Like BABA, Baidu, JD In Q4

The Future Fund Managing Partner Gary Black highlighted key metrics from Baidu Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) autonomous driving progress, noting that the company&#8217;s robotaxi service achieved 1.1 million paid rides in <a href="https://www.benzinga.com/news/earnings/25/02/43778265/baidu-q4-earnings-ai-cloud-grows-margin-slides-expects-ai-investments-to-bear-fruit-in-2025">the fourth quarter</a> of 2024, jumping 36% year-over-year, according to his post on X.
What Happened: Black emphasized three critical developments: the service&#8217;s transition to 100% fully driverless operations with no remote operators, a cumulative total of 9 million robotaxi rides, and Baidu&#8217;s groundbreaking entry into Hong Kong as the first ride-hailing operator permitted to test its autonomous platform there.
The Hong Kong expansion in November marks Baidu&#8217;s first venture into a right-hand drive, left-hand traffic market, demonstrating the platform&#8217;s adaptability to different driving environments.
During the earnings call, CEO Robin Li underscored the company&#8217;s decade-long investment in autonomous driving technology, noting that Apollo Go operates in &#8220;one of the most challenging environments&#8221; due to complex traffic conditions in China. 
The company deploys its sixth-generation autonomous vehicle, the RT6, specifically designed for robotaxi operations.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">From today's <a href="https://twitter.com/search?q=%24BIDU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BIDU</a> earnings call on autonomous driving: &#8211; # paid robotaxi rides 1.1M in 4Q +36% YoY &#8211; cumulative robotaxi rides now 9 million &#8211; 100% fully driverless (no remote operator) &#8211; In Nov, Baidu was granted a permit to test its robotaxi platform in Hong Kong &#8211; the first… <a href="https://t.co/45Mxskhvyy">pic.twitter.com/45Mxskhvyy</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1891984980143673389?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/equities/25/02/43806398/grab-stock-is-up-52-over-the-past-year-but-investor-adam-khoo-warns-of-weak-economic-moat-and-growth-limits">Grab Stock Is Up 52% Over The Past Year, But Investor Adam Khoo Warns Of Weak &#8216;Economic Moat&#8217; And Growth Limits</a>
Why It Matters: Baidu plans to accelerate its growth through an asset-light approach, partnering with mobility service providers and local entities for efficient scaling. This expansion comes as the company competes with Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo in the autonomous vehicle space.
The robotaxi milestone accompanied Baidu&#8217;s broader fourth-quarter results, where the company reported revenue of $4.68 billion, exceeding analyst estimates despite a 2% year-over-year decline. The company&#8217;s AI Cloud business showed particular strength, growing 26% during the quarter.
Read Next: 
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<li><a href="https://www.benzinga.com/25/02/43802574/bitcoin-ethereum-dogecoin-slide-further-while-stocks-rally-analyst-spots-a-good-sign-for-eths-mid-term-and-long-term-price-outlooks">Bitcoin, Ethereum, Dogecoin Slide As Stocks Rally: Analyst Spots &#8216;Good Sign&#8217; For ETH&#8217;s Mid-Term And Long-Term Price Outlooks</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

TSLA

Baidu's Robotaxi Service Hits 1.1 Million Paid Rides In Q4, Expands To Hong Kong As 1st Operator Allowed To Test Autonomous Vehicles

Mizuho analyst James Lee maintains Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) with a Outperform and raises the price target from $95 to $105.

Mizuho Maintains Outperform on Baidu, Raises Price Target to $105

Activist investor Dan Loeb‘s Third Point LLC has significantly boosted its investment in Mark Zuckerberg's Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) in the fourth quarter of 2024, bringing <a href="https://www.benzinga.com/topic/dan-loeb" target="_blank" rel="noreferrer noopener">the stock to its top four list</a>.
According to recent 13F filings, reflecting his holding as of Dec. 31, 2024, Loeb increased his stake in Facebook&#8217;s parent company <a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514625001713/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">to</a> 665,000, up from 545,000 <a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514624005927/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">in</a> the third quarter of 2024, <a href="https://www.benzinga.com/markets/equities/25/02/43755111/billionaire-investor-dan-loeb-boosts-stake-in-mark-zuckerbergs-meta-elon-musks-tesla-but-sold-these-three-mag-7-stocks-in-q4">a 22% increase.</a>
This marks a significant turnaround as the investor has earlier slashed shares by half in Meta from 1.1 million in the second quarter of 2024 to 545,000 shares <a href="https://www.benzinga.com/news/large-cap/25/02/43444040/dan-loebs-third-point-trims-amazon-microsoft-meta-as-tech-stocks-climb" target="_blank" rel="noreferrer noopener">in the third quarter of FY24</a>.
Major events:
Last month, META reported fourth-quarter revenue of $48.39 billion, beating analyst estimates of $47.03 billion and, EPS of $8.02 <a href="https://www.benzinga.com/general/social-media/25/01/43322201/meta-platforms-q4-earnings-revenue-beat-eps-beat-daily-actives-up-5-continued-strong-revenue" target="_blank" rel="noreferrer noopener">surpassed analyst estimates of $6.77</a>.
Meta disclosed first-quarter revenue guidance of $39.5&nbsp;billion-$41.8&nbsp;billion versus&nbsp;<a target="_blank" href="http://pro.benzinga.com/" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;estimates of $41.71 billion and expects full-year 2025 expenses to be in the range of&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$114 billion to $119 billion</a>.
In addition, the company agreed to a $25 million settlement with President Donald Trump over his suspension from Facebook and Instagram <a href="https://www.benzinga.com//node/43325503" target="_blank" rel="noreferrer noopener">following the Jan. 6 Capitol riot</a>.
Moreover, Meta raised the quarterly cash dividend by 5% from 50 cents to 52.5 cents per share, payable on March 26, 2025, to stockholders of <a href="https://www.benzinga.com/pressreleases/25/02/n43716503/meta-announces-increase-in-quarterly-cash-dividend" target="_blank" rel="noreferrer noopener">record as of March 14, 2025</a>.
Analysts Views: Multiple firms raised their price forecasts on the stock following the strong results. JP Morgan analyst Doug Anmuth remained bullish on Meta AI's potential as it has considerable room to grow within Meta's 3.35 billion Family DAP and expects a wide range of e-commerce &amp; services functionality to be added <a href="https://www.benzinga.com/25/01/43351386/metas-ai-investments-llama-expansion-and-ad-tech-drive-growth-earn-analyst-conviction" target="_blank" rel="noreferrer noopener">this year driven by Llama 4</a>.
BofA Securities analyst Justin Post stated that while earnings momentum will stall in 2025, Meta sent an upbeat tone on an&nbsp;"exciting product roadmap"&nbsp;for Meta AI, Llama, Meta Coding agent, and Meta AI glasses and an&nbsp;"opportunity to deliver strong revenue growth"&nbsp;without&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/META/analyst-ratings" rel="noreferrer noopener">any real headwind warnings</a>.
As per a report, Meta's aggregate investment in virtual and augmented reality will likely surpass $100 billion in 2025, coinciding with CEO Mark Zuckerberg hailing 2025 as <a href="https://www.benzinga.com//node/43442424" target="_blank" rel="noreferrer noopener">significant for its smart glasses</a>.
However, Meta is facing intense criticism from former employees who claim its latest round of performance-based layoffs unfairly targeted high performers, including those on parental and medical leave. Last week, the company began cutting approximately 3,600 jobs, or 5% of its workforce, in what Zuckerberg described as a <a href="https://www.benzinga.com/25/02/43723246/meta-faces-backlash-as-laid-off-workers-say-they-were-unfairly-targeted-despite-strong-performance-records?_gl=1&#x2A;4kford&#x2A;_gcl_au&#x2A;NjUxMDkwNTUzLjE3Mzk1MzcxMTA.&#x2A;_ga&#x2A;R1MxLjEuMTczOTg5Njc1MC4xLjEuMTczOTg5NzMwMC4wLjAuMA..&#x2A;_ga_V7ZK73W7N0&#x2A;MTczOTg5MzQ5OC42LjEuMTczOTg5ODA1Ni4wLjAuMA..">performance-based reduction.</a>
Year to date, the tech behemoth has soared nearly 22%, outperforming the iShares Global Comm Services ETF, which gained about 9% over the same time frame. Also, the company has been performing strongly compared to Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), which fell roughly 3%, and Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), which rose approximately 16% so far this year.
Read Next:
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<li><a href="https://www.benzinga.com/25/02/43774882/donald-trumps-tax-cut-could-add-46-trillion-to-deficit-says-robert-reich-emphasizing-48-billion-relief-for-top-100-us-firms-via-corporate-tax-cuts" target="_blank" rel="noreferrer noopener">Trump&#8217;s Tax Cut Could Add $4.6 Trillion To Deficit, With $48 Billion Tax Relief For Top 100 Firms: Robert Reich</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Large Cap

Dan Loeb's Third Point Boosts Meta Holdings, Now A Top 4 Position

Major U.S. indices are little-changed in Tuesday's midday trading as investors monitor recent geopolitical developments and anticipate the release of the latest FOMC<a href="https://www.benzinga.com/25/02/43784079/us-stocks-mixed-ny-state-business-activity-rises-in-february"> minutes on Wednesday.</a>
U.S. and Russian officials met in Saudi Arabia Tuesday <a href="https://www.benzinga.com/news/global/25/02/43787369/us-russian-officials-begin-ukraine-peace-talks-defense-sector-stocks-rise">to begin</a> peace negotiations, marking their first high-level talks on the war in Ukraine since Russia&#8217;s invasion in 2022. The initial talks were intended as "trust-building" and could lay the groundwork for a future meeting between President Donald Trump and Russian President Vladimir Putin. Ukrainian and other European officials were notably absent from Tuesday's discussions. 
WTI crude oil futures held steady as diplomatic talks between the U.S. and Russia raised hopes for reduced geopolitical risks. 
Read Next: <a href="https://www.benzinga.com/25/02/43703014/robert-f-kennedy-confirmed-as-trump-secretary-of-health">Robert F. Kennedy, Vaccine Skeptic, Confirmed As Trump&#8217;s Secretary Of Health: Health Care Stocks To Watch</a>
The yield on the 10-year US Treasury note rose 0.04%, back above the 4.5% threshold as investors digested recent comments from Fed officials, including Christopher Waller, Michelle Bowman and Patrick Harker, which reinforced expectations that interest rates will remain on hold in the near term.  
All eyes will be on Wednesday's release of the latest FOMC's minutes set for 2 p.m. ET. The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) fell 0.57% to $88.64.&nbsp;
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was down 1.16% to $94,672 as crypto markets fell broadly Tuesday.&nbsp;&nbsp;
<h2 class="wp-block-heading">Tuesday's Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1 day % chg.</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,000.73</td>
<td>-0.12%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,115.46</td>
<td>0.01%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,454.56</td>
<td>-0.19%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,288.09</td>
<td>0.36%</td>
</tr>
</tbody>
</table>
</figure>
According to Benzinga Pro data:
<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched up 0.1% to $610.31.&nbsp;</li>
<li>The SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was down 0.17% at $445.03.&nbsp;</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.04% to $538.36.&nbsp;</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.44% to $226.97.</li>
<li>The Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) dipped 0.53% to $225.81.&nbsp;</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) rose 0.95% to $90.93.&nbsp;</li>
</ul>
<h2 class="wp-block-heading">Tuesday's Stock Movers:&nbsp;</h2>
Shares of Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) surged following reports suggesting Broadcom, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Taiwan Semiconductor Manufacturing Co. Ltd.(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) are <a href="https://www.benzinga.com/markets/equities/25/02/43775200/intel-jumps-over-5-in-tuesday-pre-market-as-deal-talks-with-broadcom-and-tsmc-surface">considering bids</a> for portions of the company.
Stocks reacting to company earnings reports included:&nbsp;
<ul>
<li>Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>)&nbsp;</li>
<li>Constellation Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>)&nbsp;</li>
<li>Franklin Electric Co., Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FELE#NASDAQ">FELE</a>)&nbsp;</li>
<li>Watsco, Inc.&nbsp; (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>)&nbsp;</li>
<li>Axsome Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXSM#NASDAQ">AXSM</a>)&nbsp;</li>
<li>Donnelley Financial Solutions, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFIN#NYSE">DFIN</a>)&nbsp;</li>
<li>Fluor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>)&nbsp;</li>
<li>Medtronic Plc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>)&nbsp;</li>
<li>GeneDx Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>)&nbsp;</li>
<li>Entergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>)&nbsp;</li>
<li>iQIYI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>)&nbsp;</li>
</ul>
Companies reporting after Tuesday's closing bell include:&nbsp;
<ul>
<li>Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>)&nbsp;</li>
<li>Matador Resources Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>)&nbsp;</li>
<li>Devon Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>)&nbsp;</li>
<li>Bumble, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>)&nbsp;</li>
<li>Sonoco Products Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SON#NYSE">SON</a>)&nbsp;</li>
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>)&nbsp;</li>
<li>Star Bulk Carriers Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>)&nbsp;</li>
<li>Shift4 Payments, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>)&nbsp;</li>
<li>Matador Resources Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>)</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/global/25/02/43732115/explosion-rocks-chernobyl-nuclear-site-as-zelenskyy-signals-readiness-for-peace-talks">Explosion Rocks Chernobyl Nuclear Site As Zelenskyy Signals Readiness For Peace Talks</a>&nbsp;</li>
</ul>
Image: Shutterstock.

Broad U.S. Equity ETFs

Commodities

Federal Reserve

AVGO

AXSM

BMBL

DFIN

SPDR Dow Jones Industrial Average ETF Trust

FELE

FOUR

INTC

MTDR

SBLK

iShares Trust Barclays 20+ Year Treasury Bond Fund

Select Sector SPDR-Consumer Discretionary

US, Russia Begin Ukrainian Peace Talks, Intel Shares Surge: What's Driving Markets Tuesday?

<h4>Key Takeaways:</h4>
<ul>
<li>JD.com has signaled it&rsquo;s preparing to enter China&rsquo;s massive takeout dining market, most likely using its Dada Nexus local delivery service as a foundation</li>
<li>The initiative is likely to do well over the longer term by targeting large chains and using existing infrastructure, but could weigh on JD.com&rsquo;s profits over the shorter term</li>
</ul>
&nbsp;&nbsp;
By Doug Young
China&rsquo;s duopoly Ele.me and Meituan (3690.HK) looks set to get a major new competitor, as e-commerce giant&nbsp;JD.com&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jd#NASDAQ">JD</a>) looks for a place at the country&rsquo;s massive but highly competitive takeout dining table.
<a href="https://insideretail.asia/2025/02/12/jd-starts-recruiting-restaurants-for-food-delivery-foray/?utm_source=brevo&amp;utm_campaign=IRASIA-NB-2024-02-12&amp;utm_medium=email">Reports</a>&nbsp;of the move abounded in Chinese media earlier this week, after JD.com posted an ad looking for &ldquo;high quality dine-in restaurants&rdquo; to join its program. Equally eye-catching were the terms JD.com was serving up, including zero commissions for restaurants that join before May 1. That should be a huge incentive for new restaurants, since&nbsp;Ele.me&nbsp;and&nbsp;Meituan&nbsp;currently typically charge anywhere from 5% to as much as 25% of the price of each order for restaurants that participate in their services.
Another interesting twist to this story comes from JD.com&rsquo;s recent launch of a&nbsp;<a href="https://thebambooworks.com/news-wrap-jd-com-completes-dada-nexus-takeover-with-privatization-bid/">plan to privatize</a>&nbsp;its&nbsp;Dada Nexus&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dada#NASDAQ">DADA</a>) subsidiary, which operates a local delivery business working with partners like grocery and drugstore chains. That network would immediately give JD.com the basic delivery infrastructure it needs to operate such a takeout dining service.
If the privatization succeeds, which seems almost guaranteed, since JD.com currently controls 63% of Dada Nexus, it&rsquo;s quite possible JD.com could re-list Dada in Hong Kong to raise fresh funds to finance this new takeout delivery initiative. Like many offshore-listed Chinese companies, JD.com is showing a growing preference for Hong Kong, rather than the U.S., for listings of its various units as a hedge against growing U.S.-China tensions.
The company made its own second listing in Hong Kong in 2020, complementing its original U.S. listing dating back to 2014. It also listed both its JD Logistics (2618.HK) and JD Health units (6618.HK) in Hong Kong in 2021.
China&rsquo;s takeout dining business has become all the rage over the last decade, made possible by the country&rsquo;s huge number of restaurants and technology that makes centralizing delivery orders quite fast and easy. Ele.me was the first major player to enter the business and was followed by Meituan and&nbsp;Baidu&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bidu#NASDAQ">BIDU</a>). Ele.me already counted e-commerce giant&nbsp;Alibaba&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>) as a major investor when it bought Baidu&rsquo;s service in 2017, and Alibaba fully purchased Ele.me a year later.
That brings us to the present, where Meituan and Ele.me currently dominate the market that was worth an estimated $51.5 billion in 2023, according to one&nbsp;<a href="https://www.globaltimes.cn/page/202203/1253882.shtml">online report</a>. Ele.me said it had 750 million users in 2023, and partnerships with 4 million restaurants, according to the report. Meituan, meanwhile, had 670 million users and worked with 6.9 million restaurants.
Alibaba&rsquo;s latest quarterly report shows that revenue from its local services group, which includes Ele.me, rose 14% year-on-year to 17.7 billion yuan ($2.43 billion) in the three months to last September. The group reported a loss of 391 million yuan on an earnings before interest, taxes and amortization (EBITA) basis, though that was a big improvement over its 2.56 billion yuan EBITA loss a year earlier. &nbsp;
Meantime, Meituan reported its revenue from delivery services, which includes takeout dining, grew by a similar 13% in last year&rsquo;s second quarter to 23 billion yuan from 20.4 billion yuan a year earlier. Here, however, we should also note the second quarter growth rate represented a sharp slowdown from the 24.6% growth the company logged in the first quarter.
<h4>Dada infrastructure</h4>
Next, we&rsquo;ll look at how JD.com is likely to roll out and expand its takeout dining business as it vies for a piece of the pie. Analysts pointed out that JD.com&rsquo;s call for &ldquo;high quality dine-in restaurants&rdquo; shows it may want to focus on the higher-end of the business and leave the many smaller eateries that compete mostly on price for Ele.me and Meituan.
Such an approach seems smart, at least to start, as the big national chains and higher-end restaurants have better quality control and management in general, which should make them better partners for JD.com. One report notes that JD.com is already working directly with several big national chains, including locally owned Champion Pizza and Yuanji Dumpling, as well as the China operation for Burger King.
A look at Dada Nexus&rsquo; two main apps, Dada Now and JD Now, shows that the former will be the likely home for the new takeout dining service. The other major service, JD Now, currently offers mostly grocery delivery services working with big chains like Walmart, Sam&rsquo;s Club, Aldi and Lianhua. Dada Now&rsquo;s offerings are more diverse, and the service already offers a takeout dining channel with participation from major chains including McDonald&rsquo;s and Shake Shack, as well as coffee and tea chains Starbucks, Nayuki and HeyTea.
Among the two major Dada Nexus apps, Dada Now has been growing strongly lately, while JD Now has been moving in the opposite direction. Whereas JD Now used to be the company&rsquo;s dominant revenue source, Dada Now has taken over that role in the last year and now accounts for about 60% of the company&rsquo;s revenue. The existence of these two separate services is the result of merger that formed Dada Nexus in 2014, and it&rsquo;s quite possible that JD.com might just merge the pair into a single service following the privatization.
Investors weren&rsquo;t particularly impressed by news of JD.com&rsquo;s intent to challenge Ele.me and Dianping, perhaps worried by the big losses the company will incur from the move initially. JD.com&rsquo;s U.S.-listed shares fell 6.1% over the three trading days after the reports, though they&rsquo;re still up 52% over the last six months, much of that from a major rally since mid-September.
Even after that rally, JD.com&rsquo;s stock currently trades at a price-to-earnings (P/E) ratio of just 13. That&rsquo;s well behind the 25 for Alibaba, and the even bigger 45 for Meituan, though it&rsquo;s about the same as the 12 for PDD (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pdd#NASDAQ">PDD</a>), which has come under pressure lately due to scrutiny of its popular low-cost Temu international e-commerce site.
At the end of the day, JD.com&rsquo;s takeout dining move looks like a smart, targeted foray that has good chances of success over the longer term by focusing on big chains and using the company&rsquo;s existing infrastructure. But the new initiative will also be a money pit over the next few years, which could become a significant damper on JD.com&rsquo;s profits.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

DADA

JD.com Seeks Place At China's Massive Takeout Dining Table

Baidu shares are trading lower. Baidu reported Q4 financial results.

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.
Shares of Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) fell in today's pre-market trading after the company reported a 2% decline in <a href="https://www.benzinga.com/quote/BIDU">fourth-quarter revenue.</a>
For the three months through December, Baidu reported a revenue of 34.12 billion yuan ($4.69 billion), versus market expectations of 33.32 billion yuan.
Baidu shares fell 2.2% to $95.35 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Matrix Service Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) shares dipped 30.2% to $10.61 in pre-market trading.</li>
<li>LiveWire Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NASDAQ">LVWR</a>) tumbled 22.5% to $2.02 in pre-market trading.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>Emerald Holding, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EEX#NYSE">EEX</a>) shares fell 10.7% to $3.9100 in pre-market trading.</li>
<li>AirJoule Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRJ#NASDAQ">AIRJ</a>) fell 6.8% to $7.42 in pre-market trading following a 4% decline on Friday.</li>
<li>WideOpenWest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOW#NYSE">WOW</a>) fell 6.7% to $4.19 in pre-market trading.</li>
<li>Celldex Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLDX#NASDAQ">CLDX</a>) declined 6.6% to $21.20 in pre-market trading.</li>
<li>Grupo Financiero Galicia S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GGAL#NASDAQ">GGAL</a>) fell 6.4% to $55.05 in pre-market trading.</li>
<li>Graphic Packaging Holding Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPK#NYSE">GPK</a>) declined 6% to $25.11 in pre-market trading.</li>
<li>Informatica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NASDAQ">INFA</a>) slipped 2.9% to $19.18 in pre-market trading. Informatica shares dipped around 22% on Friday after the company reported worse-than-expected fourth-quarter sales results and issued FY25 revenue guidance below estimates. Multiple analysts downgraded the stock following the report.</li>
</ul>
Now Read <a href="https://www.benzinga.com/trading-ideas/short-ideas/25/02/43730195/top-3-defensive-stocks-that-may-collapse-in-q1">This: </a>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/02/43730195/top-3-defensive-stocks-that-may-collapse-in-q1">Top 3 Defensive Stocks That May Collapse In Q1</a></li>
</ul>

Pre-Market Outlook

AIRJ

CLDX

GGAL

INFA

LVWR

MTRX

Baidu, Informatica And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

On Tuesday,&nbsp;Baidu, Inc&nbsp;(NASDAQ:&nbsp;BIDU) reported&nbsp;fiscal fourth-quarter&nbsp;revenue of $4.68 billion, down 2% year-on-year, topping the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43774309/baidu-announces-fourth-quarter-and-fiscal-year-2024-results" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $4.56 billion</a>.&nbsp;
Baidu&#8217;s adjusted earnings per ADS&nbsp;of $2.63 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $1.78</a>. The stock price slid after the report.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43741255/applied-materials-navigates-china-slowdown-analysts-see-early-recovery-despite-soft-guidance" rel="noreferrer noopener">Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance</a>
Segments:&nbsp;Baidu&#8217;s Core revenue grew by 1% year over year to $3.8 billion; Online marketing revenue declined by 7% year over year to $2.46 billion.
Non-online marketing revenue&nbsp;grew 18% year over year to&nbsp;$1.34 billion, driven by the AI Cloud business.&nbsp;AI Cloud business grew by 26% during the quarter.
Revenue from&nbsp;IQIYI, Inc&nbsp;(NASDAQ:&nbsp;IQ) decreased 14% year over year to $906.00 million, missing the analyst consensus estimate of $909.96 million.&nbsp;
Baidu&#8217;s SG&amp;A expenses were $915 million, up 14% year over year, primarily due to an increase in expected credit losses, channel spending, and promotional marketing expenses. R&amp;D expenses declined 12% year over year to $756 million.&nbsp;&nbsp;
Baidu&#8217;s adjusted EBITDA margin declined by 600 bps to 20%, and its Core adjusted EBITDA margin&nbsp;decreased by 600 bps to 24%. As of December 31, 2024, Baidu had $19.1 billion in cash and equivalents and generated $3 million in free cash flow during the quarter.&nbsp;
Co-founder and CEO Robin Li said 2024 marked a pivotal year in the company&#8217;s transformation from an internet-centric to an AI-first business. AI Cloud gained momentum, fueled by broad market recognition of its full-stack AI capabilities.
In the Mobile Ecosystem, Li noted that it was steadfast in advancing the AI transformation. Apollo Go paved the way for global expansion and scalable, asset-light strategies. Li expects its AI investments to deliver more significant results in 2025.
Baidu&nbsp;stock declined 8% in the last 12 months as its AI models failed to gain traction, like Alibaba Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), ByteDance, and DeepSeek. The Chinese search engine giant <a target="_blank" href="https://www.benzinga.com/markets/emerging-markets/25/02/43691826/not-just-deepseek-chinas-ai-landscape-heats-up-as-baidu-launches-free-ernie-bot" rel="noreferrer noopener">plans to launch</a> Ernie 5.0 in late 2025 and offer Ernie Bot free to all users. Baidu is also a key Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) partner as the latter aims to add AI features to its <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43730124/apple-focuses-on-alibaba-baidu-partnership-in-race-to-bring-ai-features-to-china-by-mid-2025" rel="noreferrer noopener">iPhones for China</a>.
Price Action: BIDU stock traded lower by 2.29% at $95.25 premarket at the last check Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/02/43739878/nvidia-shifts-strategy-boosts-weride-investment-trims-arm-stake" target="_blank" rel="noreferrer noopener">Nvidia Shifts Strategy, Boosts WeRide Investment, Trims Arm Stake</a></li>
</ul>
Photo by Sundry Photography via Shutterstock

Earnings

Baidu Q4 Earnings: AI Cloud Grows, Margin Slides, Expects AI Investments To Bear Fruit In 2025

U.S. stock futures rose on Tuesday after a long weekend following a mixed close on Friday. Monday was a federal holiday owing to the Presidents Day celebrations. The futures of all four benchmark indices advanced.
Investors will be on the lookout for global macroeconomic factors as the U.S. and Russian officials met in Riyadh on Tuesday for their highest-level talks yet on the Ukraine war.
Discussions focused on ending the three-year conflict and improving relations, potentially paving the way for a summit between Presidents Donald Trump and Vladimir Putin.
Walmart Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) earnings will be a key focus this week, along with reports from U.S.-listed Chinese e-commerce giants Alibaba Group Holding ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>). Online used-car retailer Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), and EV maker Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) will also report this week.
The 10-year Treasury yield stood at 4.50%, while the two-year yield was at 4.27%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97.5% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.37%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.29%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.10%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.15%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. SPY rose 0.30% to $611.52, and QQQ advanced 0.42% to $540.42, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Tech and Communication Services bucked the negative trend, closing higher on Friday, while Healthcare, Consumer Staples, and Utilities led losses as most S&amp;P 500 sectors declined. 
Despite Friday&#8217;s mixed results, for the last week, the S&amp;P 500 gained 1.5%, the Dow 0.6%, and the Nasdaq 2.6% led by weaker-than-expected retail sales which were down 0.9% in January.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.41%</td>
<td>20,026.77 </td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.0072%</td>
<td>6,114.63</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.37%</td>
<td>44,546.08</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.097%</td>
<td>2,279.98</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
Ryan Detrick, the chief market strategist at Carson Research pointed out that seven out of the total broad 11 sectors have outperformed the S&amp;P 500 index on a year-to-date basis.
&#8220;We&#8217;ve been pounding the table for broadening out and we think this will continue,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">After a big week for tech last week, all 11 sectors are up on the year and seven groups are outperforming the S&amp;P 500. We&#39;ve been pounding the table for broadening out and we think this will continue. <a href="https://t.co/F2sPwCw8wj">pic.twitter.com/F2sPwCw8wj</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1891675975995244713?ref_src=twsrc%5Etfw">February 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The S&amp;P 500 has surged 60% in the past two years, a significant increase. However, according to Bravos Research historically, similar rapid gains have often been followed by substantial market downturns.
The downturns have occurred three out of the last four times after such a surge was witnessed. Bravos highlights that one instance did lead to a rapid and dramatic market rise, calling it a &#8220;melt-up.&#8221;
The question, now is whether the current situation will follow the more common pattern of decline or the rarer &#8220;melt-up&#8221; scenario.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">S&amp;P 500 has seen a 60% gain in just 2 years The last 3 out of 4 times saw big market declines after But 1 time it did end up in a true melt-up Which one is it going to be this time around? <a href="https://t.co/QywZJANK2U">pic.twitter.com/QywZJANK2U</a>
&mdash; Bravos Research (@bravosresearch) <a href="https://twitter.com/bravosresearch/status/1891174402554802495?ref_src=twsrc%5Etfw">February 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Talking about the economic impact Ed Yardeni in his Market Call blog said, &#8220;So far, Trump&#8217;s tariff turmoil seems to be weighing more on the U.S., Canada, Mexico, and many other emerging markets than on China and most European countries.&#8221;
That could change once reciprocal tariffs are imposed by the U.S. in early April, unless Trump changes his mind, again, added Yardeni.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul>
<li>On Tuesday, February&#8217;s Empire State manufacturing survey data will be released at 8:30 a.m., ET.</li>
</ul>
<ul>
<li>February&#8217;s home builder confidence index will be announced at 10:00 a.m., ET.</li>
</ul>
<ul>
<li>San Francisco Fed President Mary C Daly will speak at 10:20 a.m., while Fed Vice Chairman for Supervision Michael Barr will speak at 1:00 p.m., ET.</li>
</ul>
<ul>
<li>On Wednesday, January&#8217;s housing starts and building permits data will be out by 8:30 a.m., ET.</li>
</ul>
<ul>
<li>January&#8217;s minutes of the Federal Reserve Open Market Committee meeting will be released at 2:00 p.m., ET.</li>
</ul>
<ul>
<li>Fed Vice Chairman Philip Jefferson will speak at 5:00 p.m., ET.</li>
</ul>
<ul>
<li>On Thursday, initial jobless claims till Feb. 15 will be announced and the Philadelphia Fed manufacturing survey for Feb will be out by 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Chicago Fed President Austan Goolsbee will be speaking at 09:35 a.m., ET.</li>
</ul>
<ul>
<li>January&#8217;s leading economic indicators will be released at 10:00 a.m., ET.</li>
</ul>
<ul>
<li>Vice Chairman for Supervision Michael Barr will speak again at 2:30 p.m., ET.</li>
</ul>
<ul>
<li>Fed Governor Adriana Kugler will be speaking at 5:00 p.m., ET.</li>
</ul>
<ul>
<li>On Friday, February&#8217;s S&amp;P flash U.S. services PMI and manufacturing PMI will be out by 9:45 a.m., ET.</li>
</ul>
<ul>
<li>The final consumer sentiment data for February and existing home sales data for January will be out by 10:00 a.m., ET.</li>
</ul>
<ul>
<li>Fed Vice Chairman Philip Jefferson will speak again and San Francisco Fed President Mary C Daly will also speak at 11:30 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Medtronic PLC. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) was up 0.75% in the premarket on Tuesday ahead of its earnings, which will be released before the opening bell. Analysts expect it to report quarterly earnings of $1.36 per share on revenue of $8.32 billion.</li>
</ul>
<ul>
<li>Fluor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) advanced 1.34% as Wall Street expects it to report quarterly earnings of 77 cents per share on revenue of $4.42 billion before the opening bell.</li>
</ul>
<ul>
<li>Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) dropped 2.28% ahead of its earnings, which will be released before the opening bell. Analysts expect it to report quarterly earnings of $1.78 per share on revenue of $4.56 billion.</li>
</ul>
<ul>
<li>Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) jumped 1.64% as Wall Street expects it to report quarterly earnings of 70 cents per share on revenue of $7.05 billion after the closing bell.</li>
</ul>
<ul>
<li>Aptose Biosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APTO#NASDAQ">APTO</a>) climbed 17.78% after securing two funding agreements; a $25 million committed equity facility allowing them to sell shares to an investor over two years, and a $1 million at-the-market facility for Nasdaq share sales.</li>
</ul>
<ul>
<li>Pagaya Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) zoomed 23.68% after posting record total revenue and other income of $279 million in the fourth quarter along with a record network volume of $2.6 billion.</li>
</ul>
<ul>
<li>MGO Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) plunged 26.42% as shareholders approved the proposed business combination with Heidmar at a special meeting on Friday.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.56% to hover around $71.81 per barrel.
The gold spot index was up by 0.48% to $2,912.19 per ounce. The Dollar Index was up 0.34% at 106.932 level.
Asian markets were mixed on Tuesday. Australia's ASX 200, China's CSI 300, and India's S&amp;P BSE Sensex index fell. Whereas, South Korea's Kospi, Hong Kong's Hang Seng, and Japan's Nikkei 225 index advanced. European markets were mixed in trade as well.
Read Next:
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<li><a href="https://www.benzinga.com/25/02/43774256/gop-megadonor-ken-griffins-citadel-earns-77-return-from-palantir-despite-slashing-13-in-q4-adds-4-mag-7-while-cut">GOP Megadonor Ken Griffin&#8217;s Citadel Scores 77% Return On Palantir Despite Trimming Stake, Doubles Down On These 4 &#8216;Mag 7&#8217; Stocks</a></li>
</ul>
Photo courtesy: Shutterstock

Treasuries

Economics

APTO

CVNA

MGOL

RIVN

US Stocks Likely To Open Higher Amid Ukraine Peace Talk Hopes As Russian, American Officials Meet

Baidu Q4 Adj EPADS $2.63 Beats $1.78 Estimate, Sales $4.67B Beat $4.56B Estimate

<h3>Companies Reporting Before The Bell</h3>
• Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) is estimated to report earnings for its fourth quarter. 
• Expeditors Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>) is projected to report quarterly earnings at $1.44 per share on revenue of $2.81 billion. 
• Franklin Electric (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FELE#NASDAQ">FELE</a>) is expected to report quarterly earnings at $0.66 per share on revenue of $465.87 million. 
• Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) is estimated to report quarterly earnings at $3.62 per share on revenue of $1.01 billion. 
• GeneDx Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WGS#NASDAQ">WGS</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $82.24 million. 
• Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) is projected to report quarterly earnings at $2.19 per share on revenue of $1.67 billion. 
• Hillman Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLMN#NASDAQ">HLMN</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $350.45 million. 
• Vulcan Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMC#NYSE">VMC</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $1.81 billion. 
• NeoGenomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEO#NASDAQ">NEO</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $173.40 million. 
• Donnelley Financial Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFIN#NYSE">DFIN</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $169.20 million. 
• Axsome Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXSM#NASDAQ">AXSM</a>) is projected to report quarterly loss at $0.99 per share on revenue of $117.83 million. 
• Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $1.55 per share on revenue of $5.71 billion. 
• Visteon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VC#NASDAQ">VC</a>) is likely to report quarterly earnings at $1.97 per share on revenue of $954.17 million. 
• Chemours (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CC#NYSE">CC</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $1.37 billion. 
• Sapiens Intl Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) is likely to report quarterly earnings at $0.36 per share on revenue of $135.89 million. 
• Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) is likely to report quarterly earnings at $0.77 per share on revenue of $4.42 billion. 
• Allegion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>) is expected to report quarterly earnings at $1.75 per share on revenue of $938.91 million. 
• iQIYI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $909.96 million. 
• Entergy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $3.17 billion. 
• Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) is expected to report quarterly earnings at $1.78 per share on revenue of $4.56 billion. 
• Great Lakes Dredge &amp; Dock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) is likely to report quarterly earnings at $0.23 per share on revenue of $211.20 million. 
• Blackbaud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLKB#NASDAQ">BLKB</a>) is likely to report quarterly earnings at $1.07 per share on revenue of $303.41 million. 
• Waystar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAY#NASDAQ">WAY</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $232.29 million. 
• Tri Pointe Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPH#NYSE">TPH</a>) is expected to report quarterly earnings at $1.29 per share on revenue of $1.22 billion. 
• Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is projected to report quarterly earnings at $1.36 per share on revenue of $8.33 billion. 
<h3>Companies Reporting After The Bell</h3>
• James Hardie Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $960.80 million. 
• RB Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBA#NYSE">RBA</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $1.06 billion. 
• Mobix Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOBX#NASDAQ">MOBX</a>) is expected to report earnings for its first quarter. 
• Safe Bulkers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $71.90 million. 
• ReNew Energy Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $264.79 million. 
• Select Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTTR#NYSE">WTTR</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $338.92 million. 
• Tactile Systems Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCMD#NASDAQ">TCMD</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $85.39 million. 
• TPG RE Finance Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRTX#NYSE">TRTX</a>) is projected to report quarterly earnings at $0.26 per share on revenue of $27.98 million. 
• SiriusPoint (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPNT#NYSE">SPNT</a>) is likely to report earnings for its fourth quarter. 
• Star Bulk Carriers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $238.48 million. 
• TrueCar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUE#NASDAQ">TRUE</a>) is expected to report quarterly loss at $0.02 per share on revenue of $47.30 million. 
• BlueLinx Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXC#NYSE">BXC</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $700.66 million. 
• Compass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COMP#NYSE">COMP</a>) is projected to report quarterly loss at $0.03 per share on revenue of $1.29 billion. 
• Medifast (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MED#NYSE">MED</a>) is projected to report quarterly loss at $0.16 per share on revenue of $114.25 million. 
• Community Health Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) is projected to report quarterly loss at $0.05 per share on revenue of $3.14 billion. 
• Brookdale Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKD#NYSE">BKD</a>) is expected to report quarterly loss at $0.24 per share on revenue of $781.68 million. 
• Perdoceo Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRDO#NASDAQ">PRDO</a>) is estimated to report quarterly earnings at $0.48 per share on revenue of $160.12 million. 
• Iamgold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) is likely to report earnings for its fourth quarter. 
• La-Z-Boy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) is estimated to report quarterly earnings at $0.67 per share on revenue of $516.47 million. 
• CVR Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAN#NYSE">UAN</a>) is likely to report earnings for its fourth quarter. 
• CVR Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVI#NYSE">CVI</a>) is likely to report quarterly loss at $0.35 per share on revenue of $1.93 billion. 
• Halozyme Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HALO#NASDAQ">HALO</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $286.07 million. 
• Sonoco Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SON#NYSE">SON</a>) is likely to report quarterly earnings at $1.22 per share on revenue of $1.65 billion. 
• CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $701.59 million. 
• Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $123.21 million. 
• Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFA#NASDAQ">BELFA</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $128.50 million. 
• Arteris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIP#NASDAQ">AIP</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $15.18 million. 
• Unisys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UIS#NYSE">UIS</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $550.93 million. 
• Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) is expected to report quarterly earnings at $2.05 per share on revenue of $1.91 billion. 
• XP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $828.34 million. 
• Element Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESI#NYSE">ESI</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $600.32 million. 
• Quad/Graphics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QUAD#NYSE">QUAD</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $726.70 million. 
• Bumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) is estimated to report quarterly earnings at $0.31 per share on revenue of $260.00 million. 
• Center (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSR#NYSE">CSR</a>) is estimated to report quarterly earnings at $1.19 per share on revenue of $65.70 million. 
• Flowserve (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLS#NYSE">FLS</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $1.21 billion. 
• Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $12.00 million. 
• Intl Flavors &amp; Fragrances (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFF#NYSE">IFF</a>) is likely to report quarterly earnings at $0.84 per share on revenue of $2.69 billion. 
• SSR Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $244.25 million. 
• BrightSpire Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRSP#NYSE">BRSP</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $48.20 million. 
• Corporacion Inmobiliaria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTMX#NYSE">VTMX</a>) is likely to report earnings for its fourth quarter. 
• Hackett Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCKT#NASDAQ">HCKT</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $75.64 million. 
• Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) is projected to report quarterly earnings at $0.57 per share on revenue of $1.90 billion. 
• Penumbra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEN#NYSE">PEN</a>) is expected to report quarterly earnings at $0.90 per share on revenue of $311.52 million. 
• JBG SMITH Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBGS#NYSE">JBGS</a>) is projected to report earnings for its fourth quarter. 
• Seven Hills Realty Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEVN#NASDAQ">SEVN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $8.31 million. 
• Industrial Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILPT#NASDAQ">ILPT</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $110.30 million. 
• Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) is estimated to report quarterly earnings at $1.84 per share on revenue of $999.09 million. 
• Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $7.04 billion. 
• Community Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHCT#NYSE">CHCT</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $29.90 million. 
• Adeia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADEA#NASDAQ">ADEA</a>) is estimated to report quarterly earnings at $0.42 per share on revenue of $113.93 million. 
• Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHB#NASDAQ">RUSHB</a>) is expected to report earnings for its fourth quarter. 
• Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHA#NASDAQ">RUSHA</a>) is projected to report quarterly earnings at $0.83 per share on revenue of $1.86 billion. 
• Shift4 Payments (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>) is expected to report quarterly earnings at $1.20 per share on revenue of $997.44 million. 
• Ingevity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGVT#NYSE">NGVT</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $315.20 million. 
• Celanese (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $2.39 billion. 
• MasterBrand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBC#NYSE">MBC</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $722.85 million. 
• Gladstone Commercial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOD#NASDAQ">GOOD</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $38.20 million. 
• EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $1.82 billion. 
• Comstock Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRK#NYSE">CRK</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $378.74 million. 
• Genworth Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNW#NYSE">GNW</a>) is likely to report earnings for its fourth quarter. 
• Innospec (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOSP#NASDAQ">IOSP</a>) is estimated to report quarterly earnings at $1.37 per share on revenue of $447.40 million. 
• Magnolia Oil &amp; Gas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGY#NYSE">MGY</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $330.88 million. 
• Sasol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSL#NYSE">SSL</a>) is expected to report earnings for its fourth quarter. 
• Sandstorm Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>) is expected to report earnings for its fourth quarter. 
• Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) is expected to report quarterly earnings at $1.31 per share on revenue of $4.30 billion. 
• Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) is estimated to report quarterly earnings at $1.83 per share on revenue of $1.35 billion. 
• Ternium (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TX#NYSE">TX</a>) is projected to report quarterly earnings at $1.28 per share on revenue of $4.49 billion. 
• Andersons (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANDE#NASDAQ">ANDE</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $2.73 billion. 
• Liberty Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBTYA#NASDAQ">LBTYA</a>) is likely to report quarterly loss at $0.96 per share on revenue of $1.95 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For February 18, 2025

With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Medtronic plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) to report quarterly earnings at $1.36 per share on revenue of $8.32 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Medtronic shares gained 0.7% to $93.44 in after-hours trading.</li>
<li>Analysts are expecting Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) to post quarterly earnings at $1.78 per share on revenue of $4.56 billion. The company will release earnings before the markets open. Baidu shares rose 0.3% to $97.72 in after-hours trading.</li>
<li>Sohu.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) posted a non-GAAP net loss of $15 million for the fourth quarter, versus a year-ago loss of $11 million. Total revenues fell 5% year-over-year to $135 million. Sohu.com shares gained 1.6% to $14.90 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>After the markets close, Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) is projected to report quarterly earnings at 70 cents per share on revenue of $7.05 billion. Occidental Petroleum shares gained 0.6% to $48.33 in the after-hours trading session.</li>
<li>Analysts expect Fluor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) to post quarterly earnings at 77 cents per share on revenue of $4.42 billion before the opening bell. Fluor shares gained 0.9% to $43.80 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/02/43730195/top-3-defensive-stocks-that-may-collapse-in-q1">Top 3 Defensive Stocks That May Collapse In Q1</a></li>
</ul>
Photo courtesy: Shutterstock

Medtronic, Fluor And 3 Stocks To Watch Heading Into Tuesday

Chinese technology stocks extended gains Tuesday, as investors continued to react to President Xi Jinping&#8216;s supportive stance toward the private sector demonstrated at Monday&#8217;s <a href="https://www.benzinga.com/markets/asia/25/02/43761193/xi-jinping-and-jack-mas-upcoming-meeting-a-clear-message-of-beijings-support-stock-soars-in-hong-kong-ahead-of-earnings">high-level business symposium</a>.
What Happened: By 11:59 a.m. Hong Kong time, the Hang Seng Index had surged 2.5% to 23,080, and mainland China&#8217;s CSI 300 Index had advanced 0.40% to 3,963. Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BABAF#OTC">BABAF</a>) surged 4.34% to HKD 127.50 ($16.39), while Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) climbed 5.87% to HKD 47.80 ($6.14).
Tencent Holdings Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) rose 3.42% to HKD 510.50 ($65.62), as JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) added 0.95% to HKD 158.60 ($158.60) and Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) gained 1.06% to HKD 90.80 ($11.67).
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43771666/bitcoin-dogecoin-weak-ethereum-rebounds-amid-muted-investor-sentiment-eth-moving-to-cold-wallets-at-shocking-pace-a-positive-for-price-action-in-the-long-term">Bitcoin, Dogecoin Weak, Ethereum Rebounds Amid Muted Investor Sentiment: ETH Moving To Cold Wallets At &#8216;Shocking Pace&#8217; A Positive For Price Action In The Long-Term</a>
Why It Matters: The market enthusiasm follows Xi&#8217;s Monday meeting with prominent business leaders, including Alibaba founder Jack Ma&#8216;s first major public appearance with top leadership since Beijing&#8217;s 2020 tech crackdown. 
The gathering, which included executives from Xiaomi, Huawei, and BYD Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), comes amid escalating U.S.-China tensions, with recent retaliatory tariffs and export controls on critical minerals <a href="https://www.benzinga.com/markets/asia/25/02/43761193/xi-jinping-and-jack-mas-upcoming-meeting-a-clear-message-of-beijings-support-stock-soars-in-hong-kong-ahead-of-earnings">affecting both nations</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/media/25/02/43771526/after-google-stands-firm-on-gulf-of-america-label-mexico-says-its-waiting-for-a-new-response-or-will-proceed-to-court">After Google Stands Firm On &#8216;Gulf of America&#8217; Label, Mexico Says It&#8217;s Waiting For A New Response Or &#8216;Will Proceed To Court&#8217;</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Xi Jinping's Supportive Appearance Sparks Chinese Tech Rally For Second Day: Alibaba, Xiaomi Surge Over 4% On Hong Kong Exchange

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
02:05 PMFeb 14, 2025	CALL	$100.00	Aug 15, 2025	173	883	800	44	1996	TRADE	BULLISH
12:17 PMFeb 13, 2025	PUT	$100.00	Jan 16, 2026	327	512	500	62	823	TRADE	BULLISH

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