Baidu Stock Nears A Golden Cross As AI Ambitions Spark Bullish Momentum

Baidu Inc. BIDU is showing signs of a potential breakout, with its stock price climbing above key moving averages and approaching a Golden Cross—a widely followed bullish technical indicator. Chart created using Benzinga ProThe stock has gained 6.19% in the past month and is up 15.11% year to date, fueled in part by the company’s aggressive push into artificial intelligence (AI). While the trend is moderately bullish, lingering selling pressure suggests that investors should keep an eye on potential downsid ...