Baidu: Growth Algorithm Stuck In Neutral With AI Hype And Ad Blues

Baidu (NASDAQ: BIDU ) reported an in-line 3Q24, but the key message coming out of the quarter was that advertising remains weak due to China's soft macro backdrop while AI remains in the early stage of development andAstrada Advisors delivers actionable recommendations that enhance portfolio performance and uncover alpha opportunities, supported by a strong track record in investment research at leading global investment banks. With expertise spanning technology, media, internet, and consumer sectors in Nor ...