October 3, 2025 11:02 AM GMT Baidu Inc | Asia Pacific AI Cloud-driven Re-rating | What's Changed | | | | --- | --- | --- | | Baidu Inc (BIDU.O) | From | To | | Price Target | US$100.00 | US$140.00 | Although we expect core ads to remain under pressure, we have seen bullish sentiment in AI cloud driving the stock to re-rate, in particular with its proprietary AI chip value. We raise our DCF- based PT to US$140, with SOTP at US$220. Maintain EW, as valuation looks stretched after the recent rally. Ads: We exp ...

Key Takeaways Apollo Go's 148% ride surge signals growing scale and earnings leverage ahead.Expanding global routes position Apollo Go as Baidu's next profit driver.The low-cost RT6 platform gives Baidu a strong edge in Level 4 deployment.Baidu’s (BIDU) autonomous driving unit Apollo Go stands at an inflexion point that could reshape the company's revenue trajectory beyond its traditional search and cloud businesses. The robotaxi service delivered over 2.2 million fully driverless rides in the second quarte ...

Group 1: Ark Invest's Trades - Ark Invest made significant trades focusing on major companies like Alibaba, Baidu, Brera Holdings, and Kodiak AI, reflecting a strategic positioning in tech and innovation sectors [1] - The ARK Innovation ETF acquired 14,453 shares of Alibaba, valued at approximately $2.74 million, as the stock surged past its 52-week high, closing at $189.34 [2] - Ark purchased $5.5 million worth of Alibaba shares on Wednesday and $4.1 million on Tuesday, indicating strong confidence in the company [3] Group 2: Alibaba's Performance - Alibaba's stock rise is attributed to its Amap platform reaching a record 360 million daily users during China's National Day holiday, boosting investor confidence [3] Group 3: Baidu's Expansion - ARK Innovation ETF purchased 45,478 shares of Baidu, valued at around $6.4 million, with the stock closing at $140.23 [4] - Baidu's Apollo Go robotaxi business is expanding globally, targeting markets like Australia and Southeast Asia, and has secured 50 trial licenses in Dubai [4][5] Group 4: Brera Holdings Activity - Ark Invest sold 44,209 shares of Brera Holdings, valued at approximately $1.1 million, after a substantial rally following the announcement of a Solana treasury strategy [6] - The firm sold $2.5 million worth of Brera Holdings stock on Wednesday and $6.6 million on Tuesday, indicating a strategic exit [7] Group 5: Kodiak AI Investment - ARK Autonomous Technology & Robotics ETF purchased 190,165 shares of Kodiak AI, valued at about $1.3 million, with the stock closing at $6.83 [8] - Kodiak AI surged 14.6% following a disclosure from Soros Fund Management about a 5.7% passive position in the company, highlighting significant investor interest [8][9] Group 6: Other Trades - Ark sold 40,353 shares of Roku Inc from ARKK and 24,429 shares from ARKW, indicating a broader trading strategy [10]

Baidu, Inc. (NASDAQ:BIDU) ranks among the top NASDAQ stocks with low P/E ratios. On September 24, the Roads and Transport Authority (RTA) granted 50 test licenses and Dubai’s first autonomous driving testing permit to Baidu, Inc. (NASDAQ:BIDU). Twin Design / Shutterstock.com Since August, the permits, which were issued in July, have allowed Baidu’s Apollo Go fleet of fifty autonomous cars to test on public roads in specific locations throughout Dubai. Displaying its sixth-generation autonomous cars (RT6 ...

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving major companies like Alibaba Group Holding Ltd (NYSE:BABA), Shopify Inc (NASDAQ:SHOP), Baidu Inc (NASDAQ:BIDU), and Brera Holdings PLC (NASDAQ:BREA). These trades reflect Ark’s strategic positioning in the evolving tech and AI sectors.The Alibaba TradeArk Invest’s flagship fund, ARK Innovation ETF (BATS:ARKK), acquired 30,137 shares of Alibaba. The transaction, valued at approximately $5.5 million, underscores Ark’s potential con ...

The Robotaxi industry may still be in its infancy, but competition is already heating up among Chinese firms. They're now planning to deploy thousands of robotaxis around the world over the next three years. We Ryan is partnering with ride hailing giant Grab to deploy their vehicles in Southeast Asia.Have begun testing in Singapore and roll out by the end of this year. Europe is also being targeted ahead of unexpected easing of regulations by next year. Baidu's Apollo goal has partnered with Lyft to bring R ...

Key Takeaways Pony.ai runs 24/7 robotaxi services in China and is expanding into Singapore, Europe, and Dubai.Baidu's Apollo Go logged 14M rides and is scaling fleets globally through Uber and Lyft partnerships.WRD is deploying robotaxis and shuttles in Asia, the Middle East, Europe, and the U.S. through key alliances.China is establishing itself as a global powerhouse in autonomous driving. Its companies have tested self-driving cars in all kinds of conditions—from the busy streets of Beijing to quieter su ...

Group 1 - Momenta, an autonomous driving startup, is seeking to raise new funding at a valuation exceeding $5 billion, indicating a significant increase in value for its Chinese partner to Uber Technologies Inc. [1] - The Beijing-based company, supported by Temasek Holdings, Tencent Holdings, and Jack Ma's Yunfeng Capital, aims to raise several hundred million dollars, with the final amount potentially increasing based on investor interest [2] - If successful, this financing could facilitate Momenta's path toward an eventual initial public offering (IPO), as the company provides advanced driver assistance systems and operates robotaxis in cities like Shanghai and Munich [3] Group 2 - Momenta has filed confidentially for a US IPO last year, but the progress of this deal is contingent on market conditions [3] - Other Chinese robotaxi companies, such as Baidu's Apollo Go, WeRide, and Pony AI, require capital to expand into international markets, including the Middle East, Europe, and Southeast Asia [4] - These firms focus on providing technology rather than operating vehicles directly, partnering with automakers and ride-hailing platforms like Uber and Grab to deploy their fleets [5] Group 3 - The founder and CEO of Momenta, Cao Xudong, has a background as a researcher for Microsoft and SenseTime, and he graduated from Tsinghua University with a degree in engineering mechanics [6]

WE BLOOMBERG TECH ASIA IS LIVE WITH SHERY AHN IN TOKYO AND ANNABELLE DROULERS IN HONG KONG. SHERY: AN EXCITING EPISODE AHEAD WITH A ROBOTAXI THAT COULD BE WORTH $330 BILLION ACCORDING TO BLOOMBERG INTELLIGENCE, NOT SURPRISING GIVING -- GIVEN THE AGING POPULATION AND LACK OF CABDRIVERS AND SOME OF THE LEADERS COULD BE CHINESE NAMES. ANNABELLE: ABSOLUTELY.YOU SEE THE VALUE CHAIN SIDE. YOU MENTIONED CHINESE NAMES, YOU HAVE BAIDU'S APOLLO, IN THE U.S. THERE IS WAYMO. THERE'S ALSO THE PARTNERSHIPS ON TOP.UBER AN ...

Group 1 - As of September 25, 2025, two stocks in the communication services sector are showing signs of being overbought, which may concern momentum-focused investors [1][2] - The Relative Strength Index (RSI) is a key momentum indicator, with values above 70 indicating that a stock may be overbought [2] Group 2 - Baidu Inc (NASDAQ: BIDU) received Dubai's first autonomous driving trial permit and 50 test licenses, leading to a stock price increase of approximately 45% over the past month, with an RSI value of 75.9 [7] - Baidu's stock closed at $132.92, with a 52-week high of $141.60 and a momentum score of 83.05 [7] - CarGurus Inc (NASDAQ: CARG) reported a strong second-quarter performance with a 14% year-over-year revenue growth and announced a $150 million share repurchase program, resulting in an 11% stock price increase over the past month [7] - CarGurus' stock closed at $37.85, with a 52-week high of $41.33 and an RSI value of 72.4 [7]