Baidu Stock Down 17% YTD: Is It a Smart AI Buy on the Dip?

Baidu, Inc. (BIDU) stock has plunged 17% in the past month, below the Zacks Internet – Services industry’s 11.5% decline and the Zacks Computer and Technology sector’s decrease of 12.2%. Stocks with substantial exposure to China, including Baidu, faced considerable losses as investors reacted to the heightened tensions. Late last week, China vowed to implement a 34% retaliatory tariff on all goods imported from the U.S. starting April 10. The move came in response to Trump slapping a 34% tariff hike on Chin ...