BIDU Stock Recent News
BIDU LATEST HEADLINES
Baidu Inc. (BIDU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Investors are still trying to figure out how much stimulus the Chinese government might inject into the economy.
U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.
The latest trading day saw Baidu Inc. (BIDU) settling at $104.07, representing a +0.01% change from its previous close.
Baidu just held an upbeat AI-focused conference. But beneath the hood, the caveats are notable. Still, at current prices, there remains far more reward than risk.
China's stock market is up almost 25% in a week. In three months, it could gain 10% more.
Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Baidu (BIDU) stock price has recovered modestly in the past few days, helped by the strong comeback of Chinese and global equities. It surged to a high of $107.67 on Monday, its highest swing since May 20th, and 31% above its lowest point this year.
Baidu Inc. (BIDU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
China's central bank cut interest rates this week. In addition, China's Politburo outlined fiscal stimulus likely to come in the near future.