In the latest market close, Baidu Inc. (BIDU) reached $99.07, with a -1.59% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%.Shares of the web search company witnessed a gain of 7.11% over the previous month, beating the performance of the Computer and Technology sector with its gain of 5.73% and the S&P 500's gain of 4.28%.The investment community will be closely monitori ...

Baidu Inc (NASDAQ:BIDU) stock is up 2.1% to trade at $99.99 at last check amid growing robotaxi demand, but it's not the only China-based name rallying today. Shares of Alibaba Group Holding Ltd - ADR (NYSE: BABA) and JD.com Inc (NASDAQ:JD) are on the rise as well, last seen up 3% and 5.7% to trade at $78.31 and 28.28, respectively.BIDU hit its highest level since late May earlier, following a bounce from a July 7, 52-week low of $86.87. The shares are also on track for their third-straight daily gain and e ...

While none of Michael Burry’s more recent trades matched the scale or significance of his famous maneuver during the Great Recession, he has, nonetheless, continued investing in the stock market with substantial success.Multiple of ‘The Big Short’ investor’s holdings have offered significant returns in 2024, handily outperforming the benchmark indices such as the S&P 500, with RealReal (NASDAQ: REAL) – being 68.53% in the green year-to-date (YTD) chart – being the standout example. Given his reputation and ...

A pair of Wall Street analysts expect two top-notch artificial intelligence (AI) stocks to climb by 102% and 116% over the next 12 months.When the internet started to become mainstream three decades ago, the growth arc for businesses in America and around the globe completely changed. After decades of patiently waiting, Wall Street and investors have identified what they believe is the next breakthrough innovation that's going to alter the growth trajectory for corporate America: artificial intelligence (AI ...

6月30日北京经信局发布关于对《北京市自动驾驶汽车条例(征求意见稿)》公开征集意见的公告,推动市场 对自动驾驶相关标的的投资情绪提升。我们对百度的萝卜快跑(Apollo Go)业务的单位经济模型(UE)进行 情景分析,同时对百度萝卜快跑业务在武汉地区的运营情况进行情景分析,认为全无人自动驾驶业务的持续渗 透或有望推动业务UE显著提升,未来单车硬件成本进一步下探、单均打车距离提升及补贴优化、云代驾驾驶人 员覆盖车辆范围提升及成本优化均有望助推UE进一步提升。在2024年4月武汉萝卜快跑业务超过70%的订单 已由全无人车辆完成的情况下,管理层既定的2024年年末盈亏平衡的目标有望达成。我们认为,尽管自动驾驶 的商业化落地受一城一策影响,推进步调有所差异,但城市维度的监管指引陆续明晰有助推动自动驾驶行业发 展进一步提速,而具备技术和有效数据积累的公司有望持续受益。我们维持对于百度基于分部估值法183.0美 元的目标价和"买入"评级。 监管法规陆续落地或助推自动驾驶行业发展进一步提速。 6月30日北京市经信局发布关于对《北京市自动驾驶 汽车条例(征求意见稿)》公开征集意见的公告,提及拟支持自动驾驶汽车用于城市公共电汽 ...

2024 年 7 月 11 日 招银国际环球市场 | 睿智投资 | 公司更新 百度 (BIDU US) 全无人自动驾驶持续推进或有望显著推动 UE 提升 6 月 30 日北京经信局发布关于对《北京市自动驾驶汽车条例(征求意见稿)》 公开征集意见的公告,推动市场对自动驾驶相关标的的投资情绪提升。我们对 百度的萝卜快跑(Apollo Go)业务的单位经济模型(UE)进行情景分析,同时 对百度萝卜快跑业务在武汉地区的运营情况进行情景分析,认为全无人自动驾 驶业务的持续渗透或有望推动业务 UE 显著提升,未来单车硬件成本进一步下 探、单均打车距离提升及补贴优化、云代驾驾驶人员覆盖车辆范围提升及成本 优化均有望助推 UE 进一步提升。在 2024 年 4 月武汉萝卜快跑业务超过 70%的 订单已由全无人车辆完成的情况下,管理层既定的 2024 年年末盈亏平衡的目标 有望达成。我们认为,尽管自动驾驶的商业化落地受一城一策影响,推进步调 有所差异,但城市维度的监管指引陆续明晰有助推动自动驾驶行业发展进一步 提速,而具备技术和有效数据积累的公司有望持续受益。我们维持对于百度基 于分部估值法 183.0 美元的目标价和"买入" ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Key TakeawaysBaidu shares got a boost Wednesday from reports of optimism about the Chinese tech firm's robotaxi.Dow Jones Newswires and Bloomberg pointed to a note by an analyst who said Baidu's Apollo Go robotaxi business will likely break even in Wuhan this year.Excitement is also building over Tesla's upcoming release of its robotaxi. American Depositary Receipts (ADRs) of Baidu (BIDU) advanced in intraday trading Wedesday on reports the Chinese internet search engine’s Apollo Go robotaxi business is set ...

Chinese software company Baidu (NASDAQ:BIDU) stock rose on the news that its Apollo Go robotaxi business is growing and could generate a profit in 2025.BIDU stock rose 2.3% overnight. It opened this morning at $97.59 per share, a market capitalization of over $34 billion. Shares are down 17% so far in 2024, 33% over the last year.China’s WaymoBaidu came to prominence for its search engine, sometimes called “China’s Google,” which still has over 50% of that country’s search market. Thus, the robotaxi busines ...

The Chinese search engine giant is down, but it's certainly not out.The trend is not the friend for Baidu (BIDU 8.47%) shareholders. China's iconic search engine finds its stock trading 20% lower in the otherwise buoyant 2024, off a blistering 33% over the past year. Many Chinese investments have fallen out of favor lately, but most of them are faring better than the country's original dot-com darling.Baidu is down, but it doesn't mean it's out. Let's go over three reasons why the stock that is now 73% belo ...