Today
+0.05%
5 Days
+12.63%
1 Month
+29.43%
6 Months
+22.40%
Year to Date
+36.21%
1 Year
+37.29%
The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
TradingKey - Reports have emerged that Chinese tech giants Alibaba and Baidu have started using self-designed chips to train AI models, partially replacing Nvidia's chips. Following this news, Alibaba's US-listed shares surged by 8% on Thursday, marking the biggest two-week gain, while its Hong Kong
Sept 11 (Reuters) - China's Alibaba BABA.N 9988.HK and Baidu BIDU.O 9888.HK have started using internally designed chips to train their AI models, partly replacing those made by Nvidia NVDA.O, The Information reported on Thursday, citing four people with direct knowledge of the matter.Alibaba ha...
TradingKey - Despite double-digit growth in its AI-related businesses, Baidu (BIDU, 9888.HK), the first Chinese internet giant to embrace AI models, is now struggling with unclear AI growth prospects. Baidu’s Hong Kong-listed shares have become the lowest-valued among Chinese internet companies.
TradingKey - U.S. stock markets delivered solid gains last week, with the S&P 500 and Nasdaq Composite rising 0.94% and 0.81% respectively, both closing at new all-time highs. The Dow Jones Industrial Average climbed 1.74%, just shy of reclaiming the 45,000 mark.
TradingKey - On Tuesday, Eastern Time, Chinese search engine giant Baidu announced a multi-year partnership with ride-hailing titan Uber. The agreement involves deploying thousands of Apollo Go autonomous vehicles on Uber’s platforms outside China and the US, with the first deployments expected in A
TradingKey - First-quarter 2025 Form 13F filings from several top hedge funds show a shift in positioning between Chinese and U.S. tech stocks. Goldman Sachs reported that hedge funds reduced exposure to the U.S. “Magnificent Seven” stocks, while increasing allocations to Chinese technology...