Bidu stock news

You're looking for news about Bidu (Baidu) stock! Here are some recent updates:

Recent News:

  1. Baidu's Q4 2022 Earnings Report: On February 23, 2023, Baidu reported its Q4 2022 earnings, which beat expectations. The company's revenue grew 2% year-over-year to $4.6 billion, while its net income increased 14% to $1.1 billion. (Source: Reuters)
  2. Baidu's AI-powered Chatbot, Ernie Bot: In January 2023, Baidu launched its AI-powered chatbot, Ernie Bot, which is designed to compete with other popular chatbots like ChatGPT. Ernie Bot is capable of understanding natural language and generating human-like responses. (Source: The Verge)
  3. Baidu's Autonomous Driving Unit: In December 2022, Baidu announced that its autonomous driving unit, Apollo, had secured a significant investment from a consortium of investors, including Chinese automaker Geely. The investment valued Apollo at over $10 billion. (Source: Bloomberg)
  4. Baidu's Partnership with Geely: In November 2022, Baidu and Geely announced a partnership to develop autonomous driving technology for Geely's vehicles. The partnership aims to accelerate the development of autonomous driving capabilities in China. (Source: Automotive News)

Analyst Estimates:

  1. Baidu's Q1 2023 Earnings Estimates: Analysts expect Baidu's Q1 2023 earnings to be around $4.3 billion, with a net income of around $1.1 billion. (Source: Yahoo Finance)
  2. Baidu's Full-Year 2023 Estimates: Analysts expect Baidu's full-year 2023 revenue to be around $18.3 billion, with a net income of around $4.5 billion. (Source: Yahoo Finance)

Stock Performance:

  1. Baidu's Stock Price: As of March 10, 2023, Baidu's stock price is around $144.50 per share, up around 10% from its 52-week low. (Source: Yahoo Finance)
  2. Baidu's Market Capitalization: Baidu's market capitalization is around $65 billion, making it one of the largest technology companies in China. (Source: Yahoo Finance)

Please note that the information provided is subject to change and may not reflect the company's current financial situation or stock performance. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.