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Real-time News
Omron: Will expand its cooperation with NVIDIA in the field of semiconductor wafer inspection technology.NVIDIA (NVDA.O): Fujitsu, FANUC, Yaskawa Electric and Kawasaki Heavy Industries will collaborate to develop a physical AI industrial platform using the NVIDIA platform.On July 16th, CLSA issued a research report predicting that Baidus (BIDU.O) core business revenue in the second quarter of 2026 will decline by 4.2% year-on-year to RMB 25.1 billion. Marketing revenue is expected to decline by approximately 22% year-on-year due to continued disruptions to the search business. AI cloud infrastructure revenue is expected to grow by 56% year-on-year to RMB 7.6 billion, while subscription revenue will see its year-on-year growth further accelerate from 184% in the first quarter. Dragged down by a decline in high-margin online marketing revenue and increased investment in model training, CLSA currently estimates that Baidus adjusted core EBIT in the second quarter will decline by 14% year-on-year to RMB 3.8 billion, with an adjusted EBIT margin of approximately 15%. CLSA believes that Baidus AI transformation path is not smooth. Insufficient model competitiveness may lead to a further slowdown in the search business, and the lack of MaaS and application revenue in the cloud business will further complicate matters. CLSA has lowered its adjusted net profit forecasts for 2026 and 2027 by 24% and 18%, respectively, and lowered its target price for Baidus US-listed shares from $176 to $150, while maintaining its "Outperform" rating.A senior Bank of Japan official stated that appropriate monetary policy will achieve stable inflation and put the economy on a path of sustainable growth.On July 16, the Office of the United States Trade Representative (USTR) announced that, following instructions from President Trump, US Trade Representative Greer took final action under Section 301 of the Trade Act of 1974, imposing a 25% tariff on certain Brazilian goods. This decision stems from a year-long USTR investigation. The investigation concluded that some of Brazils measures regarding digital trade and electronic payment services, unfair preferential tariffs, anti-corruption enforcement interference, intellectual property protection, ethanol market access, and illegal deforestation were "unreasonable practices" that burdened or restricted the business activities of US farmers, workers, innovative companies, and exporters. Greer stated, "Despite extensive negotiations with Brazil over the past year, these issues remain unresolved. The United States remains committed to continuing negotiations with Brazil to address the long-standing issues identified in this investigation." The US will exempt Brazilian beef and coffee from the new 25% tariffs on Brazilian goods.
