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What Q4 Baidu Earnings Say About the Outlook for BIDU Stock
InvestorPlace· 2024-02-28 16:19
Baidu (NASDAQ:BIDU) stock is in the red after the Chinese search engine and artificial intelligence (AI) company reported fourth-quarter earnings. For the period, revenue rose by 6% year-over-year (YOY) to 34.95 billion yuan, or $4.92 billion, just barely below the analyst estimate for 34.97 billion yuan. Adjusted diluted EPS was 21.86 yuan, beating the estimate for 17.87 yuan. Baidu app’s monthly average users (MAUs) increased by 3% YOY to 667 million as well.“Throughout 2023, we made significant strides i ...
Baidu (BIDU) to Report Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-27 16:31
Baidu, Inc. (BIDU) is scheduled to report fourth-quarter 2023 results on Feb 28.The Zacks Consensus Estimate for revenues is pegged at $4.92 billion, indicating growth of 2.7% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for earnings is pegged at $2.75 per share, suggesting 24.4% growth from the prior-year quarter’s reported figure. The estimated figure has moved downward by 4.8% over the past 30 days.BIDU’s earnings beat estimates in the trailing four quarters, the average being ...
BIDU(BIDU) - 2024 Q1 - Quarterly Report
2024-02-27 16:00
Exhibit 99.1 Baidu Announces First Quarter 2024 Results BEIJING, China, May 16, 2024 – Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the first quarter ended March 31, 2024. "Baidu Core's online marketing revenue remained stable, while the end-to-end optimization of our AI technology stack continued to propel the growth of our AI Cloud revenu ...
Baidu: An Unloved AI-Related Name
Seeking Alpha· 2024-02-26 21:16
V2images Baidu, Inc. (NASDAQ:BIDU) shares have generally underperformed global tech peers as investors shun Chinese names despite Baidu being well positioned in the AI space in China. We believe the stock is attractively valued, especially given the recent turmoil in the Chinese stock market as well as the overreaction to the headlines made by SCMP regarding Chinese military usage of its AI suite. The stock is still down mid-single digits YTD after rebounding in recent weeks while it fell 16% in the past ye ...
李彦宏OKR首提电商!AI能否圆百度的电商梦?
财联社· 2024-02-22 11:16
《科创板日报》2月22日讯(记者 黄心怡)在李彦宏2024年OKR里,电商被排到了更前列的位置,要求其实现跨越式发展。这是过去三年以来,李彦宏OKR中首次出现电商业务的表述。 《科创板日报》记者注意到,在近期举办的百度电商生态大会上,百度电商发布了启航计划,2024年将助力100个年销售额超过千万达人。在服务商的生态建设方面,百度电商的合作伙伴计划将扶持50家GMV过亿的服务商。 此外,百度电商还推出了升级版智能导购助手、慧播星等产品,其背后都依托于AI技术。《科创板日报》发现,在百度搜索“百度电商”,排在首位的已经是“百度优选”的广告。作为百度旗下电商品牌,百度优选也以“AI电商”作为主打的宣传口号。 百度副总裁、百度电商总经理平晓黎介绍,2023年,百度优选GMV同比增长594%,交易用户数和动销商家数分别增长4倍和3倍,AI大模型参与促成的交易占总交易的20%。 零售电商行业专家、百联咨询创始人庄帅认为,综合分析下来,百度电商的核心能力和差异化在于生成式AI大模型带来的机会。对于商家和服务商来说,也带来了历史性的大机遇。 而这并非百度第一次在电商领域发力。早在2007年,百度就成立电子商务事业部,把搜 ...
Baidu Inc. (BIDU) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-02-20 23:51
Baidu Inc. (BIDU) ended the recent trading session at $105.54, demonstrating a -1.47% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.6%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.92%.The the stock of web search company has risen by 7.42% in the past month, leading the Computer and Technology sector's gain of 3.1% and the S&P 500's gain of 3.56%.Market participants will be closely following the financial results of Baidu In ...
Baidu Inc. (BIDU) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-02-12 23:51
Baidu Inc. (BIDU) closed at $106.71 in the latest trading session, marking a +0.97% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.3%.Shares of the web search company witnessed a loss of 3.13% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 11.35% and the S&P 500's gain of 5.78%.The investment community w ...
Brokers Suggest Investing in Baidu Inc. (BIDU): Read This Before Placing a Bet
Zacks Investment Research· 2024-02-07 15:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Baidu Inc. (BIDU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Baidu Inc. currently has an ave ...
Here is What to Know Beyond Why Baidu, Inc. (BIDU) is a Trending Stock
Zacks Investment Research· 2024-02-07 15:06
Baidu Inc. (BIDU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this web search company have returned -7.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The Zacks Internet - Services industry, to which Baidu Inc. belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases ...
春节免费看短剧,百度App上线“短剧”频道
36氪· 2024-02-07 12:10
在2023年的互联网行业中,微短剧无疑是一个让人眼前一亮的赛道,它不仅拯救了国内持续低迷的影视制作市场,更走出国门席卷海外。有鉴于此,在春节假期前夕,百度App推出了短剧频道,并号称汇聚了上千部精品短剧,涵盖甜宠、穿越、逆袭、霸宠、虐恋、重生等诸多题材。 用户只需在百度App内搜索“短剧”或是点击相应频道,即可畅享百度独家采买的《傅总别急,我到来世去救你》、《惹不起的顾主》、《替身的自我修养》等优质作品,以及其自制的《大过年的》、《俄罗斯女婿来拜年》、《团圆才是年》等精品短剧。此外当用户达到相应观看时长的要求时,还能自动领取现金、广告限免等多项权益奖励。 一手精品内容、一手红包,百度方面这次在百度App内推广短剧的决心显然是坚决的。毕竟根据《中国网络视听发展研究报告(2023)》显示,2022年重点网络微短剧上线量为172部,后续仅在2023年上半年,各大视频平台就上线了481部,并且每个月还有近300部微短剧提交备案。艾媒咨询公布的数据则表明,国内微短剧2023年的市场规模已达373.9亿元,较2022年同比上升267.65%。 1天付费超200万、8天收入破亿,这就是真实发生在微短剧赛道的故事。这样一 ...