Chinese tech company Baidu, Inc. NASDAQ: BIDU is often compared to Alphabet's Google NASDAQ: GOOG due to its dominant search engine in China. However, the company's stock performance has declined about 15% over the past year, even as it aggressively advances artificial intelligence (AI) technology through its Ernie large language models, expands AI Cloud services, and develops its Apollo Go aut...
As of Monday, the Nasdaq Composite index had tumbled more than 11% since the start of the year. The outlook for the economy is worrisome, as trade wars and promised tariffs could lead to disaster for many businesses.
Baidu is significantly underpriced with a P/E ratio of 8.2X, offering an earnings yield in excess of 12%. Despite a slight revenue decline in Q4'24, Baidu remains highly profitable and continues to execute substantial stock buybacks. Baidu's dominant position in China's search engine market ensures steady advertising income and long-term earnings growth potential.
During the initial period, Apollo Go and Autogo will collaborate to deploy dozens of autonomous vehicles in Abu Dhabi, with phased expansion planned ahead of full commercial operations by 2026. This marks Apollo Go's further expansion into the UAE, applying its proven autonomous driving technology and operational experience from China.
The first 100 Apollo Go autonomous vehicles to be deployed in Dubai by the end of 2025, with no less than 1,000 to be deployed over the next three years This marks a major milestone in Apollo Go's international expansion, after it was granted the very first autonomous vehicle pilot license in Hong Kong BEIJING , March 28, 2025 /PRNewswire/ -- Baidu Inc. (NASDAQ: BIDU and HKEX: 9888) today annou...
BEIJING , March 28, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundation, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 28, 2025 (the "Form 20-F"). The Form 20...
Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.com JD+0.75%, NetEase NTES+1.05%, Baidu BIDU+2.22%, BYD 002594+2.79%, Geely 175-1.05%, and SMIC 981+4.24%—are not. That raises the question: Are the Mag Seven yesterday's news and is it time to focu...
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