Barclays downgraded Baidu from Overweight to Equal Weight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | Overweight → Equal Weight | Barclays | |
| 9/24/2024 | $100.00 | Buy → Hold | HSBC Securities |
| 8/23/2024 | $130.00 → $97.00 | Outperform → Mkt Perform | Bernstein |
| 7/15/2024 | $179.00 → $174.00 | Buy | Jefferies |
| 7/15/2024 | $170.00 → $155.00 | Buy | Citigroup |
| 5/17/2024 | $140.00 → $125.00 | Overweight → Equal-Weight | Morgan Stanley |
| 1/11/2024 | $150.00 | Outperform | Macquarie |
| 11/22/2023 | $145.00 | Neutral → Buy | Nomura |
Barclays downgraded Baidu from Overweight to Equal Weight
HSBC Securities downgraded Baidu from Buy to Hold and set a new price target of $100.00
Bernstein downgraded Baidu from Outperform to Mkt Perform and set a new price target of $97.00 from $130.00 previously
BEIJING, Nov. 21, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the third quarter ended September 30, 2024. "Baidu Core's flattish third quarter top line reflected the ongoing weakness in our online marketing business, offset by the growth of our AI Cloud business. Our strong AI capabilities are gaining broader market recognition, as evidenced by increasing adoption of ERNIE. In intelligent driving, Apollo Go continues to lead the global autonomous ride-hailing market, hitting another milestone with our
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Apple Inc (NASDAQ:AAPL) COO Jeff Williams and Micron Technology Inc (NASDAQ:MU) President Sanjay Mehrotra recently visited Beijing to meet with senior Chinese officials as the U.S. considers stricter tech curbs against China. On Monday, the executives joined a U.S. business delegation meeting with Vice-Premier He Lifeng and Foreign Minister Wang Yi. He Lifeng urged American companies to “participate aggressively in China’s further reform and modernization process,” Bloomberg reports. During a separate meeting, Wang Yi discussed the outcomes of the Chinese Communist Party’s Third Plenum, highlighting the country’s economic direction. He also expressed a desire for members of the U
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BEIJING, Nov. 21, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the third quarter ended September 30, 2024. "Baidu Core's flattish third quarter top line reflected the ongoing weakness in our online marketing business, offset by the growth of our AI Cloud business. Our strong AI capabilities are gaining broader market recognition, as evidenced by increasing adoption of ERNIE. In intelligent driving, Apollo Go continues to lead the global autonomous ride-hailing market, hitting another milestone with our
BEIJING, Oct. 28, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the Third Quarter 2024 ended September 30, 2024, before the U.S. market opens on November 21, 2024. Baidu's management will hold an earnings conference call at 7:30 AM on November 21, 2024, U.S. Eastern Time (8:30 PM on November 21, 2024, Beijing Time). Please register in advance of the conference call using the link provided below. It will automatically direct you to the registration page of "Baidu Inc. Q3 2024 Earnings Conference Cal
BEIJING, Aug. 22, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the second quarter ended June 30, 2024. "AI Cloud continued to accelerate in the second quarter, offsetting the ongoing macro headwinds for online marketing revenue and resulting in modestly positive topline growth for Baidu Core. Operationally, we fast-tracked the renovation of Baidu search, which we believe will drive long-term success despite the short-term impact on monetization. We also achieved new breakthroughs with Apollo Go, which n
6-K - Baidu, Inc. (0001329099) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
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SC 13G/A - Baidu, Inc. (0001329099) (Subject)
SC 13D/A - Baidu, Inc. (0001329099) (Filed by)
USA News Group News Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- USA News Group News Commentary – According to the International Monetary Fund (IMF), the integration of artificial intelligence (AI) will affect almost 40% of jobs around the world. While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it. Analysts at Statista are projecting the Global AI Market will surpass $1.75 trillion by 2030. Now CIOs across multiple sectors are eager to scale their companies' AI despite current difficulty demonstrating ROI, according to a new survey. Helping to get companies swiftl
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BEIJING, Nov 1, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the appointment of Rong Luo as chief financial officer, effective immediately. "Rong has extensive experience in financial management and capital markets," said Robin Li, Baidu's co-founder and CEO. "We are delighted to welcome Rong to our management team and expect his skills and leadership capabilities to help us achieve our next stage of growth in the AI era." "I am very excited to join Baidu. I look forward to working with the executive team to drive the future growth for Baidu," said Mr. Luo. Rong Luo joins Baidu from TAL Educat