Baidu is a leading Chinese technology company specializing in internet-related services and artificial intelligence
The company's primary offering is its search engine, which serves as a gateway for users to access a wide range of information online. In addition to search, Baidu is heavily involved in the development of AI technologies, powering various applications such as cloud services, autonomous driving, and smart home devices. The company also invests in digital marketing solutions, providing businesses with tools to reach their customers effectively through targeted advertising. With a commitment to innovation, Baidu plays a significant role in shaping the digital landscape in China and beyond.
Nvidia GTC kicking off today, laying groundwork for AI and semiconductor excitement. ETFs may see momentum, as in past GTCs, with increased AUM and top-performing funds. Chinese companies showcasing at GTC may affect U.S.-China AI rivalry and ETF performance.
Several Stocktwits users see more upside for Alibaba, with one predicting a long-term price target of $200 or more. Another said Chinese stocks were now "easier money" amid President Trump's trade war.
The Hang Seng Index rose nearly 1% on Monday, driven by global signals and positive Chinese retail sales figures. ETFs tracking Chinese AI stocks are becoming popular for American investors.
Stocks were little moved during midday Monday trading in New York, as a mixed retail sales report failed to generate a bullish response from investors.
A new artificial intelligence framework developed by a Chinese start-up could reduce reliance on Nvidia Corp.'s chips for AI model inference, marking the latest effort by Chinese tech companies to achieve technological self-sufficiency amid U.S. export restrictions.
Baidu has launched two new AI models, claiming they outperform rival DeepSeek's technology at half the cost, as it seeks to regain momentum in the intensifying global AI race.
Alphabet Inc.'s Waymo has established a commanding lead in the autonomous vehicle market with over 2 million paid robotaxi rides across multiple U.S. cities, Gary Black, Managing Partner at The Future Fund LLC notes.
