Baidu is a leading Chinese technology company specializing in internet-related services and artificial intelligence
The company's primary offering is its search engine, which serves as a gateway for users to access a wide range of information online. In addition to search, Baidu is heavily involved in the development of AI technologies, powering various applications such as cloud services, autonomous driving, and smart home devices. The company also invests in digital marketing solutions, providing businesses with tools to reach their customers effectively through targeted advertising. With a commitment to innovation, Baidu plays a significant role in shaping the digital landscape in China and beyond.
Baidu and CATL will work together to develop driverless vehicles and business models, using CATL's technology. Baidu's robotaxi service has reached 1.1 million paid rides.
Alibaba Group Holding Ltd. (NYSEBABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing and AI infrastructure, making it the largest private computing project to date.
President Donald Trump has issued written orders to the Committee on Foreign Investment in the United States (CFIUS) to curb Chinese investments in strategic sectors, marking a significant escalation in the administration's economic measures against China.
An expanding balance sheet, record share buybacks, and historically high short interest all suggest that the Chinese stock market is just getting started. Here is a brief overview of some Chinese stocks that may be worth keeping an eye on.
U.S.-listed Chinese stocks trading higher in premarket on Friday as Chinese companies raise funds overseas and Alibaba reports strong quarterly results. Alibaba also plans to increase investments in Cloud and AI. Appaloosa Management's David Tepper bets big on Chinese stocks.
Oppo's new flagship folding phone with AI features intensifies rivalry with Apple, Samsung, and Huawei. Oppo's commitment to AI puts iPhone's market share at risk.
Fawne Jiang reiterated Baidu as a Buy with $130 price target. He is confident in Baidu's AI growth and cross-selling opportunities, despite competitive market. Baidu's recent decisions and offerings reflect their confidence and potential in the generative AI space.
US Commerce Secretary Howard Lutnick‘s hedge fund Cantor Fitzgerald LP increased the firm’s exposure to Bitcoin (CRYPTO: BTC) and Chinese technology companies during the fourth quarter of 2024, when Donald Trump was reelected as the
Baidu co-founder and CEO Robin Li said 2024 marked a pivotal year in the company’s ongoing transformation from an internet-centric to an AI-first business.
Major U.S. indices are little-changed in Tuesday's midday trading as investors monitor recent geopolitical developments and anticipate the release of the latest FOMC minutes on Wednesday.
Key Takeaways: JD.com has signaled it’s preparing to enter China’s massive takeout dining market, most likely using its Dada Nexus local delivery service as a foundation
Baidu reported $4.68B revenue, down 2% from last year. Adjusted earnings of $2.63 per ADS beat expectations. Segments showed mixed results. Plans to launch Ernie 5.0 in late 2025 and partner with Apple for AI features in China.
