Reported about 12 hours ago
As China's major tech stocks struggle this earnings season, Baidu Inc. is under pressure to impress investors amid a competitive AI landscape. Although Baidu's shares have risen 6% this year, they lag behind Alibaba and the broader Hang Seng Tech Index. Analysts predict modest growth in cloud sales and expect Baidu to show reduced revenue declines, yet the company's heavy reliance on advertising revenue remains a concern. Investors are cautiously anticipating Baidu's upcoming earnings report, hoping for signs of recovery that could elevate its undervalued stock.
Source: YAHOO