The Latest Breaking News from Baidu

The turnover rate in Chinese stocks suggests more interest and liquidity is going into the region's biggest stocks, an opportunity for retail investors.

U.S.-listed Chinese stocks slid on Wednesday as investors grew increasingly wary of parallels to the country’s 2015 stock market bubble, when a liquidity-driven rally pushed valuations far beyond economic fundamentals.

If DeepSeek demonstrated that China could compete with the West, Baidu’s open-source pivot makes Chinese AI seem almost unstoppable.

Baidu (NASDAQ:BIDU) and Alibaba Group (NYSE:BABA) led China’s public cloud services for artificial intelligence in 2024, each capturing roughly 25% of a market that expanded 55% to 19.6 billion yuan ($2.7 billion), IDC reported Monday.

China's Baidu is looking to expand its robotaxi division into European markets, choosing Uber and Lyft to help it get there smoothly.

Bridgewater Associates exited its holdings in U.S.-listed Chinese companies in the second quarter, signaling a decisive retreat as geopolitical tensions and shifting sentiment darkened the outlook for the world’s second-largest economy.

DeepSeek’s AI models are still influencing the AI conversation, even eight months later.

When Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo announced a robotaxi rollout in Dallas via Avis without Uber Technologies Inc (NYSE:UBER), investors got nervous, sending Uber shares into a mini tailspin. But while Uber scurried, LYFT Inc (NASDAQ:LYFT) quietly stuck to its playbook: smart partnerships, controlled risk, and expansion without drama.

Lyft stock extends gains on a robotaxi partnership with Baidu. Wall Street has a “hold” rating on LYFT shares ahead of the ride-hailing firm's earnings on August 6.