One of our top stock picks for 2026 , China-based AI giant Baidu Inc (NASDAQ:BIDU) is already kicking the year off with a bang.
Stock futures are rising this morning as the market looks to start the year on a high note after posting big gains in 2025; Tesla shares are higher in premarket trading ahead of the expected release of delivery numbers from the EV maker; furniture seller stocks are gaining ground after the White House announced a year-long delay on increases in furniture tariffs; Baidu shares are surging after the Chinese tech giant announced it would spin off its AI chip unit; and prices of gold and silver are rising as the precious metals resume their rally after a recent stumble. Here's what you need to know today.
Baidu is seeking a Hong Kong IPO for its AI chip unit, Kunlunxin, as China accelerates self-reliance efforts. Kunlunxin is shifting from being an internal supplier to Baidu to a major third-party chip seller.
Baidu's AI chip unit Kunlunxin has confidentially filed an application to list on the Hong Kong stock exchange, the latest company to capitalize on the frenzy surrounding artificial intelligence.
Chinese internet search giant Baidu said on Friday its AI chip unit Kunlunxin has confidentially filed a listing application with the Hong Kong stock exchange on January 1, paving the way for a spin-off and separate listing.
BIDU and BABA are ramping up AI and cloud strategies, highlighting differences in focus, execution and competitive positioning.
Baidu Inc. (BIDU) concluded the recent trading session at $124.74, signifying a +1.12% move from its prior day's close.
BIDU sharpens its AI Cloud strategy with ERNIE 5.0 and an agent-centric Qianfan, aiming to scale enterprise adoption.
Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.
BIDU, GOOGL and UBER are steering into 2026 with bold AV bets as the race to scale robotaxis globally intensifies.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Baidu (BIDU) is rated 'Buy' with a $160 price target, driven by AI infrastructure growth rather than consumer AI hype. BIDU's non-advertising segments—AI Cloud, proprietary chips, and AI-based marketing—are now economically significant and growing rapidly, offsetting advertising declines. Short-term margins are pressured by intentional investment in cloud and AI, but Baidu's robust liquidity (RMB 296.4B) supports its transition.