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Chinese tech giant, Baidu ( NASDAQ: BIDU ) has secured the first permits in China to offer commercial fully driverless robotaxi services to the public on open roads. Apollo Go, Baidu's autonomous ride-hailing service, is now authorized to collect fares for robotaxi rid...
Baidu Granted China's First-Ever Permits for Commercial Fully Driverless Ride-Hailing Services PR Newswire - Baidu has become the first and only company to offer fully driverless robotaxi services to the public in China , without human drivers in the car. -...
Dark days in China have presented an opportunity to buy world-class businesses at demonstrably cheap prices. The CAPE ratio points to long-term outperformance for MCHI, but geopolitical risks loom large. In the decade ahead, we project returns of 12% per annum. The Thesi...
Baidu to Report Second Quarter 2022 Financial Results on August 30, 2022 PR Newswire BEIJING , Aug. 5, 2022 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today...
While the Tweedy, Browne Funds were not immune to the challenges during the quarter, they, for the most part, held up much better than their benchmark international and global indices. It is impossible, of course, to know whether markets have hit bottom, but if the past is prologue co...
Chinese tech stocks were mostly in the red Monday as mild early gains petered out after Alibaba ( NYSE: BABA ) said it would work to keep its shares on the New York Stock Exchange despite being put on a watchlist for potential delisting by the U.S. Securities and Exchange Commis...
An autonomous electric driving startup backed by Chinese Internet search leader Baidu ( NASDAQ: BIDU ) is reportedly seeking new funding that could give it a valuation of $3.5B. According to a report from Bloomberg , Jidu Auto, which is a joint venture between Baidu ( ...
Alibaba ( NYSE: BABA ) rose on Monday after the Chinese internet company said it would "strive" to keep its New York listing as the Securities and Exchange Commission said it may delist the company amid auditing concerns. Alibaba ( BABA ) said that it would “conti...
Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17. The stock is down about 70% from ATH and now trades at very attractive risk/reward levels. Personally, I see more than 50% upside for BABA stock, as I calculate the compan...
Alibaba ( NYSE: BABA ) shares fell as much as 10% Friday after the U.S. Securities and Exchange Commission added the Chinese Internet and e-commerce giant to its list of companies facing possible delisting from U.S. stock markets. According to a report from Bloomberg, th...
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Baidu to Report Second Quarter 2024 Financial Results on Aug 22, 2024 PR Newswire BEIJING , July 17, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with stron...
2024-07-15 16:35:00 ET Shares of Chinese tech stocks Alibaba (NYSE: BABA) , Baidu (NASDAQ: BIDU) , and JD.com (NASDAQ: JD) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session. The downdraft in China-oriented consumer tech names appe...