Michael Burry's top 3 stocks for the end of 2024
While none of Michael Burry's more recent trades matched the scale or significance of his famous maneuver during the Great Recession, he has, nonetheless, continued investing in the stock market with substantial success.
Forget Nvidia: These 2 Artificial Intelligence (AI) Stocks Are Expected to More Than Double Investor's Money, According to Select Wall Street Analysts
Artificial intelligence (AI) has the ability to change the long-term growth trajectory for corporate America. Although most Wall Street analysts have a positive outlook on market-leading AI stock Nvidia, the path forward is likely to get bumpier.
Baidu's stock climbs on Robotaxi expansion amid long-term decline: Should you Buy?
On Wednesday, shares of Chinese tech giant Baidu Inc. (NASDAQ: BIDU) surged 2.66% following an announcement by Beijing authorities supporting the integration of robotaxis into ride-hailing and car rental fleets. This progressive step, first reported by Bloomberg News, marks a significant leap towards urban mobility innovation.
Baidu shares soar on growing popularity of Apollo Go Robotaxi
US-listed shares of Baidu.com (NASDAQ:BIDU) saw their largest jump in over a year on Wednesday, fueled by increased interest in its Apollo Go robotaxi service in China. The stock surged as much as 13% in Hong Kong, following an 8.5% rise in the US.
Baidu Gets a Boost on Suggestions Its Robotaxi Business Is Taking Off
American Depositary Receipts (ADRs) of Baidu (BIDU) advanced in intraday trading Wedesday on reports the Chinese internet search engine's Apollo Go robotaxi business is set to take off in that country.
Robotaxi Rally: Baidu (BIDU) Stock Pops as Apollo Go Orders Climb
Chinese software company Baidu (NASDAQ: BIDU ) stock rose on the news that its Apollo Go robotaxi business is growing and could generate a profit in 2025. BIDU stock rose 2.3% overnight.
3 Reasons Baidu Stock Can Bounce Back in 2024
Baidu has fallen sharply over the past year, but that only drives home the stock's attractive revenue and earnings multiples. The company continues to stay well ahead of its pro followers, beating analyst estimates consistently for more than a year.
Baidu Regains Some Ground as Chinese Tech Stocks Stir
Best known for its search engine, Baidu's business has expanded to AI, robotaxis, and a chatbot called Ernie.
Baidu Stock Nears Pandemic Lows: Is This a Buying Opportunity?
Chinese technology stocks have been taking a tumble in 2024. A combination of geopolitical and trade tensions, macroeconomic uncertainty, and growth slowdown have been negative drivers that have caused investors to rethink the potential of these companies.
The 3 Best Autonomous Vehicle Stocks to Buy in July 2024
Bloomberg Opinion columnist Matthew Iglesias wrote a great piece on June 30 about the far-too-cautious approach of the U.S. when it comes to robotaxis and autonomous vehicles. It got me thinking about the best autonomous vehicle stocks.
The 3 Best Chinese Stocks to Buy in July 2024
Investing in the best Chinese stocks can offer much needed strategic portfolio diversification. The past few years have been tough for Chinese stocks, weighed down by regulatory changes, geopolitical tensions and a lackluster economy.
It's Time To Buy Baidu
Baidu, the "Google of China," is a market leader in web search, streaming, AI, and autonomous vehicles. The company's growth has slowed following a 15x revenue expansion from 2010 to 2021, but a return to the growth track is highly probable in the years ahead. Regardless of Baidu's future growth prospects, its stock is clearly undervalued at a discount to book and P/FCF of 6.3.
