Baidu Stock News

Ultimate Contrarian Michael Burry, Who Correctly Called the Housing Crisis in 2008, Is Now Piling Into 3 Stocks That Could Struggle Under a Trump Administration

Shares in the Chinese tech company have tumbled this year as Beijing struggles to reboot the world's second-largest economy.

Baidu's 3Q24 results were in line, but weak advertising due to China's soft macro backdrop and early-stage AI development are concerning. Ongoing investments in AI and autonomous driving could weigh on BIDU's cash-generative ad business, potentially leading to prolonged structural de-rating. Weak ad revenue is expected to continue into 2025, with no significant improvement in China's advertisin...

Baidu's leadership in AI, autonomous driving, and search engine transformation, combined with its compelling valuation, supports a bullish long-term investment thesis. Despite short-term challenges in online marketing revenue, Baidu's AI ecosystem expansion and robotaxi innovations position it for future growth. The Chinese government's fiscal and monetary policy measures are expected to boost ...

With Baidu reporting a double miss for Q3 2024, BIDU stock has dipped by ~6% to a multi-year support zone in the low $80s. In Q3, Baidu's AI Cloud and Apollo Go businesses made tremendous progress, but online marketing revenue shrunk -4% y/y amid headwinds from macroeconomic factors and "Search" renovation. Baidu's long-term prospects are strong, with significant advancements in AI and autonomo...

Baidu, Inc. (NASDAQ:BIDU ) Q3 2024 Earnings Conference Call November 21, 2024 7:30 AM ET Company Participants Juan Lin - Director, Investor Relations Robin Li - Co-Founder & Chief Executive Officer Junjie He - Interim CFO Rong Luo - Chief Financial Officer Dou Shen - Executive Vice President, AI Cloud Group Conference Call Participants Alicia Yap - Citigroup Alex Yao - JPMorgan Gary Yu - Morgan...

Baidu.com (NASDAQ:BIDU), the Chinese internet search and robotaxi company, reported a fall in sales for the past quarter but higher profits, though both were better than expected.  The shares were trading down 2% in US premarket trading on Thursday, down 0.2% in Hong Kong.

Baidu's results weren't particularly bad, but it has failed to shake off problems growing advertising sales.