Daily U.S. Stock Market News Briefing (February 18, Tuesday)

USHK News
2025.02.18 13:32

Individual Stock News

  1. Baidu (BIDU.O): Q4 2024 revenue of 34.124 billion yuan, compared to 34.95 billion yuan in the same period last year. Since 2024, it has repurchased over 1 billion USD, with a total repurchase amount reaching 1.7 billion USD according to the 2023 stock repurchase plan.

  2. Tesla (TSLA.O) has officially started mass production of the refreshed Model Y at its Shanghai Gigafactory, with deliveries set to begin in late February.

  3. Southwest Airlines (LUV.N) will cut approximately 1,750 leadership positions as part of a major initiative to reduce costs.

  4. HSBC Holdings (HSBC.N) investors support the withdrawal from investment banking to focus on the Asian market in response to global trade challenges.

  5. Goldman Sachs: Apple's (AAPL.O) shipment growth rate in China improved in December, with a positive sales outlook for the first quarter.

  6. Sohu (SOHU.O) expects total revenue of 598 million USD in 2024, unchanged year-on-year.

  7. Microsoft (MSFT.O) will invest 700 million USD to enhance cybersecurity in Poland.

  8. It is reported that Intel's (INTC.O) direct competitor TSMC (TSM.N) is in negotiations with Broadcom (AVGO.O), and the two companies may consider splitting Intel into two for acquisition.

  9. WeRide (WRD.O) surged over 30% in pre-market trading, with NVIDIA (NVDA.O) holding 1.74 million shares of the company as of the end of Q4 2024

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