Baidu Aktie News

Cathie Wood is having a good year. The Ark Invest founder, CEO, and ace stock picker isn't back to her peak 2020 form when many of her exchange-traded funds (ETFs) more than doubled in value.

Baidu stock has surged over 50% recently, driven by AI optimism with healthy momentum within its AI Cloud and Apollo Go businesses. Despite near-term uncertainty in Baidu's core search (digital advertising) business, long-term AI and robotaxi growth prospects remain intact, supporting a positive outlook. In this report, we reevaluate Baidu's long-term risk/reward to reach an informed investment...

Chasing after others' buying can sometimes work, as long as investors have their own unique reason to buy, founded upon sound fundamentals. Recently, Cathie Wood from Ark Innovation ETF NYSEARCA: ARKK chose to expand her horizons beyond the United States technology sector, finding opportunities for undervalued blue chips in China and deploying a few million into some of the biggest names in Asi...

Chinese stocks, once deemed univestable by many, are luring both local and foreign investors impressed by recent returns. The Shanghai Composite hit a decade high earlier this month.

DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud businesses as the Chinese tech company accelerates expansion overseas. The brokerage raised its American depositary receipts target to US$177 from US$85 and its Hong Kong-listed shares target to HK$175 from HK$84.

Apollo Go has been granted Dubai 's very first autonomous driving trial permit, along with the first batch of 50 autonomous driving test licenses. With this first batch of licenses, Apollo Go's 50-vehicle fleet has been conducting open-road testing in designated areas in Dubai since August.

Cathie Wood's ARK Invest has returned to Chinese equities, making fresh bets on Alibaba (NYSE: BABA) and Baidu in its latest trading disclosures.

The Chinese tech titans are benefiting from Beijing's artificial-intelligence push. Nomura analysts see this as the better pick.