Latest news with #ZhangTao
Fibre2Fashion
14-05-2025
- Business
- Fibre2Fashion
25 textile firms from China explore partnership opportunities in Egypt
A Chinese delegation of investors and representatives from around 25 textile and garment companies recently visited Egypt to explore partnership opportunities. It met Egyptian Minister of Public Business Sector Mohamed Shimy, who briefed the representatives about the country's investment potential in the sector. A Chinese delegation from around 25 textile and garment firms recently visited Egypt to explore partnership opportunities. It met Egyptian Minister of Public Business Sector Mohamed Shimy, who briefed it about the country's investment potential. The delegation was presented with a portfolio of high-value products, including yarns, fabrics, garments, home textiles and medical textiles. The Chinese delegation was led by Zhang Tao, deputy marketing director of the China National Textile and Apparel Council (CNTAC), and Xu Yingxin, vice president of the China Textile Association. The meeting was held at the Cotton, Spinning, Weaving, and Garments Holding Company headquarters in Egypt, according to domestic media reports. The delegation was presented with a portfolio of high-value products, including yarns, fabrics, readymade garments, home textiles and medical textiles produced by the holding company's subsidiaries. The minister highlighted Egypt's recent progress in reviving ginning facilities and developing seven major manufacturing complexes. In December 2024, Prime Minister Mostafa Madbouly announced the completion of the first phase of Egypt's national project to modernise and revitalise the textile industry. The initiative's total cost exceeds EGP 56 billion. Of this, EGP 22 billion has been allocated for infrastructure development, with an additional EGP 640 million invested in cutting-edge machinery and equipment. Fibre2Fashion News Desk (DS)
Yahoo
31-03-2025
- Business
- Yahoo
Alphabet Inc. (GOOGL) Boosts Gmail With AI-Driven Search—Faster, Smarter Results Coming to All Users
We recently published a list of the In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOG) stands against other AI stocks that are catching Wall Street's attention. Beijing is reportedly boosting domestic AI firms that have received overseas recognition. In its latest, the Chinese artificial intelligence startup Manus was featured for the first time in a state media broadcast. The company has recently registered its China-facing AI assistant. Manus gained attention in the tech world when it released what it claimed to be the world's first general AI agent. It stated that it could handle complex tasks with much less prompting compared to chatbots from DeepSeek or ChatGPT. READ ALSO: and Investors are celebrating the company as another breakthrough following the low-cost AI models from DeepSeek. However, its availability remained limited after launch. Users aiming to test Manus were frustrated since the product could only be tested with an invitation-only arrangement. Such was the scarcity that critics accused the Manus team of intentionally deploying scarcity marketing tactics. 'The current invite-only mechanism is due to genuinely limited server capacity at this stage.' -Manus AI's product partner Zhang Tao. Nevertheless, Beijing has been supporting Manus' rollout within China, much like its stance on DeepSeek's success. On March 20, State broadcaster CCTV devoted television coverage to Manus for the first time. It published a video on the difference between its AI agent and DeepSeek's AI chatbot. The company has also completed the registration for its AI assistant Monica. Registration is required for generative AI apps in China, with Manus clearing an important regulatory hurdle. All generative AI applications released in China are required to abide by strict rules. These rules exist to ensure that these products do not generate content considered sensitive or damaging by Beijing. Despite its success, Manus has been publicly questioned for the originality of its technology. This is because the product is based on existing large language models (LLMs), whose details the team did not disclose. This is different from the foundation model innovation from DeepSeek. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Photo by Stephen Phillips - on UnsplashAlphabet Inc. (NASDAQ:GOOG) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses. On March 20, Gmail, Google's free web-based email service, rolled out a smarter search feature powered by AI to show users the most relevant results, faster. The new system will incorporate factors such as recency, click behavior, and frequent contacts to generate 'most relevant' search results. 'Most relevant' search results are being rolled out globally for users with personal Google accounts. They can be accessed on the web and in the official Gmail app for Android and iOS, where users can toggle between 'most relevant' and 'most recent' results. Overall, GOOGL ranks 4th on our list of AI stocks that are catching Wall Street's attention. While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GOOGL but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
31-03-2025
- Business
- Yahoo
Scotiabank Initiates Microsoft Corporation (MSFT) as a ‘Buy'—Says It's a Leading Horseman of the AI Revolution
We recently published a list of the In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI stocks that are catching Wall Street's attention. Beijing is reportedly boosting domestic AI firms that have received overseas recognition. In its latest, the Chinese artificial intelligence startup Manus was featured for the first time in a state media broadcast. The company has recently registered its China-facing AI assistant. Manus gained attention in the tech world when it released what it claimed to be the world's first general AI agent. It stated that it could handle complex tasks with much less prompting compared to chatbots from DeepSeek or ChatGPT. READ ALSO: and Investors are celebrating the company as another breakthrough following the low-cost AI models from DeepSeek. However, its availability remained limited after launch. Users aiming to test Manus were frustrated since the product could only be tested with an invitation-only arrangement. Such was the scarcity that critics accused the Manus team of intentionally deploying scarcity marketing tactics. 'The current invite-only mechanism is due to genuinely limited server capacity at this stage.' -Manus AI's product partner Zhang Tao. Nevertheless, Beijing has been supporting Manus' rollout within China, much like its stance on DeepSeek's success. On March 20, State broadcaster CCTV devoted television coverage to Manus for the first time. It published a video on the difference between its AI agent and DeepSeek's AI chatbot. The company has also completed the registration for its AI assistant Monica. Registration is required for generative AI apps in China, with Manus clearing an important regulatory hurdle. All generative AI applications released in China are required to abide by strict rules. These rules exist to ensure that these products do not generate content considered sensitive or damaging by Beijing. Despite its success, Manus has been publicly questioned for the originality of its technology. This is because the product is based on existing large language models (LLMs), whose details the team did not disclose. This is different from the foundation model innovation from DeepSeek. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Microsoft Headquarters Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. One of the most notable analyst calls on Thursday, March 20, was for Microsoft Corporation. Scotiabank initiated the stock as 'Buy', stating that its shares are poised to 'Excel'. Analysts at the firm consider 2025 to be a 'paradigm-shifting year during which customer investments accelerate in AI on Azure and Microsoft 365 Copilot.' The firm considers Microsoft to be a 'leading horseman of the AI revolution,' anticipating AI to generate sustainable growth for the company. 'We have initiated coverage on the common shares of Microsoft Corporation (MSFT or Microsoft) with a Sector Outperform rating and a one-year target of $470 per share.' Overall, MSFT ranks 2nd on our list of AI stocks that are catching Wall Street's attention. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
International Business Machines Corporation (NYSE:IBM) Gets a Fresh ‘Buy' Rating as AI and Red Hat Lead the Charge
We recently published a list of the In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other AI stocks that are catching Wall Street's attention. Beijing is reportedly boosting domestic AI firms that have received overseas recognition. In its latest, the Chinese artificial intelligence startup Manus was featured for the first time in a state media broadcast. The company has recently registered its China-facing AI assistant. Manus gained attention in the tech world when it released what it claimed to be the world's first general AI agent. It stated that it could handle complex tasks with much less prompting compared to chatbots from DeepSeek or ChatGPT. READ ALSO: and Investors are celebrating the company as another breakthrough following the low-cost AI models from DeepSeek. However, its availability remained limited after launch. Users aiming to test Manus were frustrated since the product could only be tested with an invitation-only arrangement. Such was the scarcity that critics accused the Manus team of intentionally deploying scarcity marketing tactics. 'The current invite-only mechanism is due to genuinely limited server capacity at this stage.' -Manus AI's product partner Zhang Tao. Nevertheless, Beijing has been supporting Manus' rollout within China, much like its stance on DeepSeek's success. On March 20, State broadcaster CCTV devoted television coverage to Manus for the first time. It published a video on the difference between its AI agent and DeepSeek's AI chatbot. The company has also completed the registration for its AI assistant Monica. Registration is required for generative AI apps in China, with Manus clearing an important regulatory hurdle. All generative AI applications released in China are required to abide by strict rules. These rules exist to ensure that these products do not generate content considered sensitive or damaging by Beijing. Despite its success, Manus has been publicly questioned for the originality of its technology. This is because the product is based on existing large language models (LLMs), whose details the team did not disclose. This is different from the foundation model innovation from DeepSeek. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). JuliusKielaitis / Business Machines Corporation (NYSE:IBM) is a multinational technology company and a pioneer in artificial intelligence, offering AI consulting services and a suite of AI software products. On March 17, Erste Group analyst Hans Engel upgraded the stock to 'Buy' from Hold. According to the analyst, IBM is poised to grow more strongly this year and next year than in the previous year. This growth is driven by the 'solid' growth rates of Red Hat software and increasing implementations of AI applications for customers. The analyst further stated that operating profit is expected to grow slightly faster than revenue. Overall, IBM ranks 9th on our list of AI stocks that are catching Wall Street's attention. While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IBM but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
Amazon.com, Inc. (AMZN) Growth Story Intact—Analyst Reiterates Buy Rating
We recently published a list of the In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other AI stocks that are catching Wall Street's attention. Beijing is reportedly boosting domestic AI firms that have received overseas recognition. In its latest, the Chinese artificial intelligence startup Manus was featured for the first time in a state media broadcast. The company has recently registered its China-facing AI assistant. Manus gained attention in the tech world when it released what it claimed to be the world's first general AI agent. It stated that it could handle complex tasks with much less prompting compared to chatbots from DeepSeek or ChatGPT. READ ALSO: and Investors are celebrating the company as another breakthrough following the low-cost AI models from DeepSeek. However, its availability remained limited after launch. Users aiming to test Manus were frustrated since the product could only be tested with an invitation-only arrangement. Such was the scarcity that critics accused the Manus team of intentionally deploying scarcity marketing tactics. 'The current invite-only mechanism is due to genuinely limited server capacity at this stage.' -Manus AI's product partner Zhang Tao. Nevertheless, Beijing has been supporting Manus' rollout within China, much like its stance on DeepSeek's success. On March 20, State broadcaster CCTV devoted television coverage to Manus for the first time. It published a video on the difference between its AI agent and DeepSeek's AI chatbot. The company has also completed the registration for its AI assistant Monica. Registration is required for generative AI apps in China, with Manus clearing an important regulatory hurdle. All generative AI applications released in China are required to abide by strict rules. These rules exist to ensure that these products do not generate content considered sensitive or damaging by Beijing. Despite its success, Manus has been publicly questioned for the originality of its technology. This is because the product is based on existing large language models (LLMs), whose details the team did not disclose. This is different from the foundation model innovation from DeepSeek. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An assembly line of electric cars moving along a production line. Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On March 20, Citizens JMP analyst Nicholas Jones reiterated a Market Outperform rating and $285.00 price target on (NASDAQ:AMZN). The rating follows news that Amazon is eyeing an expansion in the used car market. While Amazon is reportedly going after an expansion in the used car market space, its AI-powered self-driving subsidiary, Zoox, has simultaneously encountered a setback. A probe had been opened by the National Highway Traffic Safety Administration into Zoox's self-driving system in May due to a braking issue that caused two rear-end collisions, injuring motorcyclists. In response, the company has agreed to recall 258 vehicles due to issues with its automated driving system. Even though a software update fixed the issue, Zoox agreed to the recall "in light of NHTSA's position and in the interest of promoting transparency." Overall, AMZN ranks 1st on our list of AI stocks that are catching Wall Street's attention. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
