|Bid||135.05 x 1300|
|Ask||135.50 x 800|
|Day's range||134.36 - 137.15|
|52-week range||73.58 - 160.88|
|Beta (5Y monthly)||0.67|
|PE ratio (TTM)||25.51|
|Earnings date||28 Aug 2023 - 01 Sept 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||180.40|
(Bloomberg) -- ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group Holding Ltd. to Baidu Inc. in a race to create a local version of ChatGPT.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseRussian Elite Is Souring on Putin’s Chances of Winning His WarUkraine’s New Tanks Are Seen in Action as Counteroffensiv
Investing.com -- Most Asian stocks advanced on Friday, as weak U.S. labor data ramped up bets on a pause in the Federal Reserve’s rate hike cycle, although disappointing inflation readings from China capped broader gains.
Baidu Inc. (BIDU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up estimates on the company. But that massive surge makes Nvidia a tricky buy right now: InvestingPro’s fair value algorithm calls the stock overvalued at current levels, with some 30% potential downside risk.
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(Bloomberg) -- Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI, joining a global investment wave keen on riding a frenzy around ChatGPT-like services.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by
(Bloomberg) -- Baidu Inc. shares climbed in Hong Kong after billionaire founder Robin Li said it will soon launch a new version of the large-language model powering its ChatGPT-style service. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealMcCarthy Won the De
Chinese search engine giant Baidu's CEO Robin Li said on Friday that the company will "very soon" officially launch Ernie 3.5, a generative AI large-language model that will power Baidu's ChatGPT-like app Ernie Bot and upgrade its search engine. Li made the announcement at the Zhongguancun Forum, one of China's most well-known techology forums, around two months after Ernie Bot was first shown to the public to mixed reviews.
Tech firms are using AI to do more than just help you compose emails or conduct searches. Both Baidu and Microsoft filed patent applications for...
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.
With its stock down 12% over the past three months, it is easy to disregard Baidu (NASDAQ:BIDU). It seems that the...
Baidu's (NASDAQ: BIDU) stock rose 4% on May 16 after the Chinese tech giant posted its first-quarter report. Its revenue rose 10% year over year to 31.1 billion yuan ($4.5 billion), which beat analysts' estimates by $230 million.
(Bloomberg) -- Slowdown fears are weighing on Chinese tech stocks and even upbeat sales figures from the industry’s bellwethers can’t revive them.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofFinancials Lead Stock Decline as Sentiment Sours: Markets WrapLula Lashes Out and Sends Warning to Central Bankers EverywhereShares of Ten
It was a sight to behold in its early stages of growth, but Baidu has hit some growing pains in recent years. The pandemic and China's capitalism- and censorship-tightening ways have only made things worse for a company that needs individual freedoms and advertisers to thrive. Baidu's revenue has declined in two of the last three years.
(Bloomberg) -- Tencent Holdings Ltd. posted its fastest pace of revenue growth in more than a year but earnings missed estimates, reflecting an uneven internet sector recovery during China’s post-pandemic reopening.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballySingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsWall Street Fears $1 Trillion Aftershock From Debt DealThe $120
Companies In The News Are: IQ, BIDU, SE, SA.
BIDU, EBS and FRO have been added to the Zacks Rank #5 (Strong Sell) List on May 17, 2023.
U.S. equity markets opened lower and turned mixed on the heels of disappointing retail sales data and weak guidance from home improvement retailer, Home Depot Inc. (NYSE: HD). Retail sales rose by just 0.4% in April –– missing forecasts calling for an increase of 0.8%, following the retreat in March. Ahead of a slew of earnings from U.S. retailers, Home Depot shares slid over 1% in morning trade as it slashed its sales and earnings forecasts for the year. Overseas in China, economic data releases reflected an economy that is still in recovery. Key data including retail sales, industrial production, fixed asset investment, and manufacturing PMI came in below expectations. Earnings from Baidu Inc. (NASDAQ: BIDU) topped earnings estimates with Q1 revenue rising by 10% as businesses boosted ad spending. Baidu shares advanced on Tuesday, extending a higher close ahead of quarterly results. Separately, Alibaba Group Holding Ltd. (NYSE: BABA) is scheduled to report an improvement in EPS and revenue when it releases earnings on Thursday. China abandoned strict COVID restrictions at the end of last year. Some investors took bets on the reopening trade in the economy. Q1 2023 GDP for China expanded 4.5% but only time will tell if momentum will remain strong among businesses in the world’s second-largest economy.
Hello and thank you for standing by for Baidu's first quarter 2023 earnings conference call. Baidu's earnings release was distributed earlier today, and you can find a copy on our website, as well as on newswire services. On the call today, we have Robin Li, our co-founder and CEO; Rong Luo, our CFO; Dou Shen, our EVP in charge of Baidu AI cloud group, ACG; and Zhenyu Li, our SVP in charge of Baidu intelligent driving.
Baidu Inc's experience in tailoring its search engine to Chinese regulatory requirements makes it confident its AI-driven chatbot won't make mistakes on "important and sensitive topics", the company said on Tuesday. On a call with analysts, Baidu CEO Robin Li said the company was waiting for government approval before launching its ChatGPT-like Ernie bot, which Reuters tests have found refuses to answer a wide range of questions on politics, particularly those pertaining to Chinese government leaders. "For important and sensitive topics, we have to make sure artificial intelligence will not hallucinate," Li said, using the industry term for when AI models generate outputs different from what is expected.
Yahoo Finance contributor Remy Blaire reports live from the New York Stock Exchange to discuss China's economic data missing expectations, Baidu Q1 earnings, and Alibaba Q4 earnings being released later this week.
Search engine giant Baidu Inc beat first-quarter revenue and profit estimates on Tuesday as businesses spent more on advertising amid China's post-COVID reopening, and said it was awaiting regulatory approval to launch its ChatGPT-like Ernie bot. Business momentum in China is building after it dropped most of its strict COVID-19 curbs late last year, with consumers and companies reviving spending. China's economy grew a faster-than-expected 4.5% year-on-year in the three months through March, according to the latest official data.
(Bloomberg) -- Baidu Inc.’s revenue rose a stronger-than-expected 10% after its advertising and cloud businesses benefited from China’s post-pandemic reopening.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesChina’s i
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 16th. Please refresh for updates.
We're seeing relative stability of late, and not only in the equities markets.