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30/04/2025

According to each AI's quick news, Cinda Securities released a research report on April 30th giving a "buy" rating to Zhongman Petroleum (603619.SH). The main reasons for the rating include: 1) year-on-year production growth; 2) steady progress in the pre-development work of the oil and gas block project in Iraq. (Daily Economic News)

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1 m ago

Goldman Sachs downgraded Starbucks to neutral with a target price of $85. Goldman Sachs analyst Christine Cho previously rated it as a buy. Starbucks reported lower than expected quarterly earnings and revenue on April 29th.

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Goldman Sachs downgraded Starbucks to neutral with a target price of $85. Previously, Goldman Sachs analyst Christine Cho had a buy rating. Starbucks reported lower than expected quarterly earnings and revenue on April 29th.

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IDC report: AI drives growth in public cloud market, Alibaba Cloud's market share rises for three consecutive quarters.

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On April 30th, IDC released the "China Public Cloud Services Market (2nd half of 2024) Tracking" report. AI is driving the recovery of the public cloud market. In the second half of 2024, the size of the public cloud IaaS market in China reached 94.82 billion RMB, an increase of 13.8% year-on-year. Alibaba Cloud ranked first in the market for three consecutive quarters. Huawei was second, China Telecom third, China Mobile fourth, and Tencent fifth.

2 m ago

The Hong Kong Special Administrative Region Legislative Council passed the fiscal budget for the 2025-2026 financial year after its third reading.

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