Jefferies released a research report predicting that BIDU-SW (09888.HK) +0.400 (+0.467%) Short selling $305.37M; Ratio 40.810% (BIDU.US) 's 2Q25 core revenue will decline by approx. 3% YoY to around RMB26 billion. Core online marketing revenue is expected to drop by 16% YoY, while cloud revenue is projected to grow by 25% driven by AI demand. Core non-GAAP operating profit is expected to reach RMB4 billion, below the market consensus of RMB4.9 billion.Related NewsDaiwa Reiterates Outperform on BIDU-SW; 2Q Core Rev. Expected to Leap 2.7% YoYRegarding BIDU-SW's collaboration agreement with UBER (UBER.US) , Jefferies believed that the partnership confirms BIDU-SW's leading position in autonomous driving technology, and kept rating at Buy. The broker chopped its target prices for BIDU-SW's US stock/ H-shares from US$120/ $116 to US$110/ $107.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)