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16/07/2026
The Nikkei 225 index fell by 2.8% to 66796.79 points in early trading. The TOPIX index fell by 1.1% to 4042.38 points at the close of trading.
Latest
2 m ago
Omron: Will expand cooperation with NVIDIA in the field of semiconductor wafer inspection technology.
2 m ago
After Ukraine and Russia threatened to launch attacks against each other in the Black Sea region, the most active wheat futures trading on the Chicago market maintained near the high point after a 5% surge on Wednesday. The Black Sea is an important trade route for Russia and Ukraine, and Russia is the world's largest wheat exporter. According to the Ukrainian Agricultural Council, Ukraine's ability to export grain through Black Sea ports has been reduced by about one-third. The current situation is reminiscent of the impact on Black Sea supplies at the beginning of the 2022 Russia-Ukraine conflict, when Ukrainian ports were closed and millions of tons of grain were unable to be exported. However, Vitor Pistoia, a senior grain and oilseed analyst at Rabobank, pointed out that there are differences in the timing between the two situations: "The 2022 conflict escalated before the start of the planting and crop growth season in the Northern Hemisphere, so the market not only factors in the risk of export interruptions but also the risk of production decline. In 2026, the market's focus is mainly on exports."
2 m ago
Nvidia (NVDA.O): Fujitsu, Fanuc, Yaskawa Electric, and Kawasaki Heavy Industries will collaborate to develop a physical AI industrial platform using Nvidia's platform.
2 m ago
Japanese robot manufacturer joins NVIDIA's Physical Artificial Intelligence Alliance Cosmos.
3 m ago
Lyon released a research report expecting that Baidu's core business revenue in the second quarter of 2026 will decrease by 4.2% annually to 25.1 billion yuan, with marketing revenue expected to drop by about 22% due to ongoing disruptions in the search business. AI cloud infrastructure revenue is expected to grow by 56% annually to 7.6 billion yuan, while subscription revenue is expected to increase further from the first quarter's 184% annual growth rate. Lyon estimates that Baidu's adjusted EBIT in the second quarter will decrease by 14% annually to 3.8 billion yuan, with an adjusted EBIT profit margin of approximately 15%, due to declining online marketing revenue and increased investment in model training. Lyon believes that Baidu's AI transformation path is not smooth, and insufficient model competitiveness may lead to further slowdown in the search business, as well as a lack of MaaS and application revenue in the cloud business. Lyon has lowered its adjusted net profit forecast for 2026 and 2027 by 24% and 18% respectively, and has lowered the target price for Baidu's shares from $176 to $150, maintaining an outperform market rating.
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