CNBC's “Fast Money” team share their final trades of the day.
Baidu's Apollo Go robotaxi unit plans to begin tests in Switzerland later this year, with the aim of launching a public-facing service by the first quarter of 2027. The company plans to remove the steering wheel from the self-driving taxis once the service is fully up and running.
Baidu remains a Strong Buy, supported by a robust balance sheet, with a massive net cash position, as well as significant AI advancements. BIDU's recent AI model launches, international Apollo Go robotaxi expansion, and buyback program highlight ongoing innovation and shareholder returns. Macro tailwinds, including potential for more rate cuts and China's policy shifts, could push BIDU's large cash reserves into higher-yield investments.
BIDU builds AI Cloud momentum with ERNIE 4.5 and Qianfan, yet execution risk clouds lasting advantage.
Zacks.com users have recently been watching Baidu Inc. (BIDU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
BIDU leans into AI cloud and generative tools, as META delivers immediate returns with scaled AI across its platforms.
In the latest trading session, Baidu Inc. (BIDU) closed at $132.4, marking a -3.99% move from the previous day.
Baidu Inc. (BIDU) concluded the recent trading session at $140.23, signifying a +2.03% move from its prior day's close.
Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Baidu stock has surged over 50% recently, driven by AI optimism with healthy momentum within its AI Cloud and Apollo Go businesses. Despite near-term uncertainty in Baidu's core search (digital advertising) business, long-term AI and robotaxi growth prospects remain intact, supporting a positive outlook. In this report, we reevaluate Baidu's long-term risk/reward to reach an informed investment decision. Read on to learn more.
BIDU's AI Cloud revenues rise 27% y/y with new models, partnerships and the ERNIE X1.1 launch, signaling a shift from ad-driven to AI-led growth.
BIDU's rising costs and weak ads hit profits, but AI Cloud, Ernie and Apollo Go hint at long-term growth potential.