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Baidu's robotaxi unit expects to turn profitable next year
CNBC· 2024-05-15 12:56
A driverless robotaxi autonomous vehicle developed by Baidu Apollo driving along a street in Beijing.SHANGHAI — Chinese tech company Baidu said Wednesday its Apollo Go robotaxi arm expects to turn profitable next year.The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue. Baidu is one of the major players in China's nascent robotaxi market and received permission from a Beijing city district to begin charging fares in November 2021.While mo ...
Baidu (BIDU) to Report Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-05-13 23:46
Baidu, Inc. (BIDU) is scheduled to report first-quarter 2024 results on May 16.The Zacks Consensus Estimate for revenues is pegged at $4.31 billion, indicating a decline of 4.9% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for earnings is pegged at $2.30 per share, suggesting a 1.7% fall from the prior-year quarter’s reported figure. The estimated figure has remained unchanged over the past 30 days.BIDU’s earnings beat estimates in the trailing four quarters, the average being 17 ...
Baidu Inc. (BIDU) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-05-11 06:46
Baidu Inc. (BIDU) closed the latest trading day at $108.66, indicating a -1.99% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.17% for the day. At the same time, the Dow added 0.32%, and the tech-heavy Nasdaq lost 0.03%.Heading into today, shares of the web search company had gained 8.36% over the past month, outpacing the Computer and Technology sector's gain of 0.39% and the S&P 500's gain of 0.17% in that time.Investors will be eagerly watching f ...
Baidu's PR boss, who threatened to destroy workers' careers, has reportedly left the company
Business Insider· 2024-05-09 23:14
Baidu's public relations lead just made a major PR blunder.Qu Jing, executive at the Chinese firm, posted several videos online encouraging extreme work. In one video, she claimed she could destroy the careers of employees who failed to comply. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “S ...
Baidu to Hold Annual General Meeting on June 26, 2024
Prnewswire· 2024-05-08 17:00
BEIJING, May 8, 2024 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that it will hold its annual general meeting of shareholders (the "AGM") at Baidu Campus, No. 10, Shangdi 10th Street, Haidian District, Beijing 100085, People's Republic of China on June 26, 2024 at 10:00 a.m. (Beijing/Hong Kong time). No proposal will be submitted for shareholder approval at the A ...
Is this Chinese AI stock the next Nvidia?
Finbold· 2024-05-07 20:34
中国加入WTO后的影响 - 西方国家期望从中国加入WTO中获益[1] - 对中国技术领先地位的担忧逐渐增加[1] 美国政府的半导体出口限制 - 美国政府试图通过2023年的半导体出口限制来限制中国科技行业的发展[2] - 这种做法可能存在一定的逻辑漏洞[2] 中国微芯片产业的发展 - 尽管中国目前的微芯片质量较差,但一些本土公司已开始在2023年向国内生产商订购[7] - 这是为了应对出口限制的影响[7]
Baidu Is Poised To Make The Most Of China's AI Comeback
Seeking Alpha· 2024-05-07 17:10
百度在人工智能领域的领先地位 - 百度是中国人工智能领域的领先者,公司在AI投资方面表现出色,定位合适,有望在未来几年蓬勃发展[1][2][15][21] 中国政府支持人工智能行业发展 - 中国政府对人工智能的政策框架逐渐进步,支持AI行业发展,为百度等公司提供了良好的发展环境[3][11][14][21] 百度与科技巨头合作扩大影响力 - 百度通过与三星、华为等地区科技巨头合作,扩大了Ernie机器人的影响力,吸引了西方科技巨头的合作,有望在AI领域取得更大突破[17][18][21]
Baidu Stock Analysis: It's Surprisingly Cheap to Bet on China's ChatGPT
InvestorPlace· 2024-05-06 18:50
百度的多元化发展 - 百度不仅仅是一个搜索引擎提供商,还参与了中国对应OpenAI的人工智能聊天机器人ChatGPT项目[1][2] - 百度推出了中国首个24/7无人出租车服务,并在人工智能技术领域取得重要进展[3][4] - 百度最近与日产汽车签署了关于人工智能和智能汽车研究的谅解备忘录,计划在中国车辆上配备百度的人工智能产品[5][6] 百度在人工智能领域的成功 - 百度的ERNIE Bot gen-AI聊天机器人在中国取得了巨大成功,吸引了2亿用户,展现了快速增长的潜力[7][8] 百度股票的投资价值 - 百度的股票价格相对便宜,具有良好的投资价值,尤其对于寻求优质gen-AI投资机会的投资者来说[9][10] - 抓住百度股票价格便宜的机会,因为未来可能会大幅上涨[11][12]
3 Under-the-Radar Stocks for Your Spring Must-Buy List
InvestorPlace· 2024-05-03 01:34
No stock can become a high-flyer overnight. It takes years and steady revenue growth for them to reach the peaks. Smart investors are aware of the fact that identifying under-the-radar stocks on time could lead to impressive returns in the long term. Technology is one of the fastest growing sectors in the economy. It has led to massive gains for investors over the past year. The large-cap tech stocks always gain attention but then there are a few little-known tech stocks that can outperform the market. Bein ...
Discount Alert! 7 Hot Stocks Heading for the Clearance Rack.
InvestorPlace· 2024-05-01 01:31
With the market encountering significant challenges, now may be the time to consider stocks on sale. While it’s always a sweaty-palm affair to buy into the red ink, doing so may give the speculator significant upside.As the adage goes, be fearful when others are greedy and be greedy when others are fearful. The best part about getting hot stocks on discount is that they should still remain fundamentally sound. Basically, the only difference is the underlying market cycle.Granted, no guarantees exist – somet ...