BIDU Stock Recent News
BIDU LATEST HEADLINES
In an unexpected meeting, China's Politburo pledged further support for the country's struggling economy. The Politburo is composed of top Chinese leaders and directs political, social, and economic policy in the country.
BIDU rides on its AI drive, booming cloud business and growing GenAI capabilities amid stiff competition and macro headwinds.
The People's Bank of China lowered the country's seven-day reverse repo rate. It also injected funds into the capital markets and lowered interest rates and down payments for mortgages.
Baidu's latest quarterly report showed mixed performance, but underlying fundamentals are improving, with significant advancements in AI and autonomous driving technologies. Despite near-term challenges, Baidu's AI Cloud and Apollo Go businesses are poised to drive healthy growth at the Chinese tech conglomerate over the coming years. Baidu remains a "Strong Buy" at current levels due to its leadership in AI, depressed valuation, and robust free cash flow generation.
Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.
The past few years have been turbulent for Chinese companies listed on U.S. exchanges. Their stock prices have floundered despite major U.S. indexes reaching new heights.
Web, tech and consumer staples make up today's Big 3. @Theotrade's Don Kaufman joins Ben Lichtenstein and Nicole Petallides to discuss the technical trends of Baidu (BIDU), the Consumer Staples SPDR Fund (XLP), and Apple (AAPL).
Baidu is the leading search engine in China. JD is one of the leading players in the Chinese e-commerce industry.
Baidu's stock trades at bargain levels. The tech company struggled to grow lately.
No innovation is garnering more attention from Wall Street and investors than artificial intelligence (AI). A cash-rich, time-tested company, which has multiple fast-growing operating segments tied to the AI revolution, is as cheap as it's ever been as a publicly traded company.