Reported about 9 hours ago
This article discusses a bullish thesis for Baidu, Inc. (BIDU), focusing on its core business in search and advertising amidst renewed strength in China's digital ad market. Despite previous hype around AI initiatives, Baidu's core services continue to drive significant revenue, positioning the company favorably for upcoming financial performance. With an increase in ad spending reported during the recent shopping festivals, Baidu is well-positioned to benefit from the expanding digital ad budgets, indicating resilience and relevance for investors.
Source: YAHOO