Baidu Stock News

Considering Beijing's fluctuating economic cues, betting on the best Chinese stocks may seem odd. Recent data shows that the Chinese economy grew 4.7% from April to June, down significantly from the 5.3% gain in the prior year quarter.

While artificial intelligence is a booming field right now, there are still major goals to be accomplished. One of those is autonomous driving.

Investors are always on the lookout for stocks at bargain prices. The thrill of identifying an undervalued asset, purchasing and watching it appreciate in value is as applicable to the stock market as any other market.

The move is a sign of concerns that growth is weak, says UBS's Paul Donovan.

Since the post-pandemic reopening, China's economy has struggled to return to its growth trajectory. Still, China is the second largest global economy, accounting for 15% of global exports.

PALO ALTO, Calif. , July 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar safety technology for automotive and robotics applications, announced that they have been selected by Baidu, Inc. (NASDAQ: BIDU) to be the exclusive long-range lidar supplier for its next-generation robotaxi platform Yichi 06.

Thanks to generative AI technologies and Nvidia (NASDAQ: NVDA ), a chip giant supplying much of the technology required to bring in the AI revolution, AI stocks are a hot commodity this year. Additionally, the technology behind generative AI continues to improve.

BEIJING , July 17, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the Second Quarter 2024 ended June 30, 2024, before the U.S. market opens on August 22, 2024. Baidu's management will hold an earnings c...