BIDU
$114.26-4.75 (-3.99%)
Baidu, Inc.
Recent News
Delton Technology Jumps 34% in Hong Kong Debut After $421 Million IPO
Shares close at HK$96 versus HK$71.88 offer, outperforming recent large Hong Kong listings amid strong AI-driven demand.
Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat
Alibaba’s US shares fell their most since October, following Tencent’s worst drubbing in almost a year on Thursday. Investors that had piled into the sector’s biggest names over the past week — betting the advent of OpenClaw-style AI agents would galvanize the industry — reversed course after disappointing results, with no clear path to monetization in sight. The dramatic reaction reflects investors’ anxiety about the increasing amounts that China’s tech leaders are plowing into data centers, talent hires and model development — without a roadmap to actual revenue.
Alibaba Just Released Earnings. Why the Stock Is Slumping.
Alibaba Group Holding stock was falling early Thursday. Alibaba reported a December-quarter net profit of 15.63 billion yuan ($2.24 billion), down 66% from the previous year. Alibaba and rivals JD.com and Meituan have been waging a price war, especially in food delivery, which has hampered profits across the sector.
Baidu Launches DuClaw AI Agents As Valuation And Growth Weighed
Baidu has launched DuClaw, a zero deployment AI agent service designed to make advanced AI tools easier to use. The service removes the need for users to handle infrastructure or complex setup, lowering technical barriers to AI agent adoption. DuClaw targets developers, enterprises and AI enthusiasts who want quicker access to production ready AI agents. Baidu, listed as NasdaqGS:BIDU, is rolling out DuClaw at a time when its share price stands at $121.87. The stock has seen mixed...
Alibaba Drops 7%: Deep Value or Value Trap? Investors Can’t Agree
Alibaba (NYSE:BABA) stock is getting hit Thursday morning, with shares down 7% to the $125 area after the company reported earnings before the open. The catalyst is a 67% plunge in net income alongside revenue that came in just shy of the average projection, landing at 284.8 billion yuan ($41.3 billion), a gain of only ... Alibaba Drops 7%: Deep Value or Value Trap? Investors Can’t Agree