BIDU Stock Recent News

Shares fell Monday as the Hang Seng Tech index continued its slump.

During the initial period, Apollo Go and Autogo will collaborate to deploy dozens of autonomous vehicles in Abu Dhabi, with phased expansion planned ahead of full commercial operations by 2026. This marks Apollo Go's further expansion into the UAE, applying its proven autonomous driving technology and operational experience from China.

The first 100 Apollo Go autonomous vehicles to be deployed in Dubai by the end of 2025, with no less than 1,000 to be deployed over the next three years This marks a major milestone in Apollo Go's international expansion, after it was granted the very first autonomous vehicle pilot license in Hong Kong BEIJING , March 28, 2025 /PRNewswire/ -- Baidu Inc. (NASDAQ: BIDU and HKEX: 9888) today announced that its autonomous ride-hailing platform, Apollo Go, has signed a strategic cooperation agreement with the Roads and Transport Authority (RTA) of Dubai to launch autonomous driving testing and services in the city. This marks Apollo Go's first international fleet deployment outside of mainland China and Hong Kong, and its first entry into the Middle East.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

BEIJING , March 28, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundation, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 28, 2025 (the "Form 20-F"). The Form 20-F can be accessed on the Company's investor relations website at http://ir.baidu.com.

Baidu Inc. (BIDU) closed the most recent trading day at $98.41, moving +0.93% from the previous trading session.

Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.com JD+0.75%, NetEase NTES+1.05%, Baidu BIDU+2.22%, BYD 002594+2.79%, Geely 175-1.05%, and SMIC 981+4.24%—are not. That raises the question: Are the Mag Seven yesterday's news and is it time to focus on their Chinese counterparts instead?

J.P. Morgan Asset Management expects China to outperform US stocks over the next 10-15 years, supporting a bullish outlook on Baidu. Baidu's Q4 results showed strong AI demand and growth in its AI Cloud Group, despite a decline in online marketing revenue. Baidu's technical chart is mixed, but potential bullish patterns and improving RSI momentum suggest upside ahead of the next earnings report in May.

Baidu, often called "China's Google," offers significant upside potential, trading at a fraction of Google's valuation with a price-to-sales ratio of 1.79 and PE of 10.33. Baidu's diversification into AI, autonomous driving, cloud computing, and other sectors positions it for future growth beyond its dominant 51.45% search engine market share in China. Despite regulatory and geopolitical risks, Baidu's strategic investments and market position make it a compelling opportunity for risk-tolerant investors seeking exposure to China's digital economy.

AppLovin (APP 1.88%), a publisher of mobile games and app monetization tools, went public on April 15, 2021, at $80. Today, its stock trades at about $315 -- so a $10,000 investment would have grown to over $39,000 in less than four years.