Baidu

Baidu Inc. (NASDAQ:BIDU) has appointed Haijian He as its new Chief Financial Officer (CFO), effective immediately What Happened: According to Reuters' report, Baidu, a major player in China’s tech industry, has named Haijian He as successor of Junjie He, who has been serving as the interim...

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Baidu Inc. (NASDAQ:BIDU).  The investment firm sold shares of the Jack Dorsey-led company through its ARK Next Generation Internet ETF (BATS:ARKW) while acquiring shares of Baidu through the ARK...

On Tuesday, Cathie Wood-led Ark Invest made a series of trades, with a notable buy of Baidu Inc (NASDAQ:BIDU) shares. This move came on the same day as a significant rally in US-listed Chinese stocks, following an agreement between Beijing and Washington to temporarily lower tariffs on each other...

On Monday, Cathie Wood‘s Ark Invest executed several significant trades, including the sale of shares in Palantir Technologies Inc. (NASDAQ:PLTR), Robinhood Markets Inc. (NASDAQ:HOOD) and Meta Platforms Inc. (NASDAQ:META), while also acquiring shares in Advanced Micro Devices Inc. (NASDAQ:AMD...

On Monday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Baidu Inc. (NASDAQ:BIDU). This move comes amid Baidu’s recent advancements in artificial intelligence, positioning itself as a formidable player in the tech industry. The Baidu Trade Ark Invest...

On Tuesday, major U.S. indices showed mixed results. The Dow Jones Industrial Average fell by 0.1% to 39,291.97, while the S&P 500 inched up almost 0.1% to 5,576.98. The Nasdaq saw a slight increase of 0.14%, closing at 18,429.29. These are the top stocks that gained the attention of retail...

In a significant development, Japanese automakers Toyota Motor Corp (NYSE:TM) and Nissan Motor Co (OTC:NSANY) have teamed up with Chinese tech behemoths Tencent Holdings Ltd (OTC:TCEHY) and Baidu Inc (NASDAQ:BIDU) respectively. The goal of these partnerships is to enhance their artificial...

On Tuesday, the U.S. indices exhibited a varied performance, as the S&P 500 rose by nearly 0.2% to reach 5,078.18, while the Dow Jones Industrial Average dipped by 0.25% to settle at 38,972.41. Concurrently, the Nasdaq experienced a nearly 0.4% increase, reaching 16,035.30. These are the top...

In a bid to innovate, Chinese tech giant Lenovo Group Ltd (OTC:LNVGF) (OTC:LNVGY) has revealed a prototype laptop with a see-through screen. The company showcased the device at the Mobile World Congress in Barcelona. What Happened: The prototype laptop, displayed at the world’s largest mobile...

In the past half-year, China has approved over 40 artificial intelligence (AI) models for public use, following the introduction of an approval process. What Happened: The recent surge in AI approvals is part of China’s strategy to rival U.S. AI development. In the latest wave,...

In the wake of reports linking its AI platform, Ernie, to Chinese military research, Baidu Inc (NASDAQ:BIDU) has experienced its most severe drop in over a year. What Happened: Baidu’s Hong Kong-listed shares sank by more than 10% on Monday, compounding losses from U.S. trading the previous...

Chinese technology company Baidu Inc. (NASDAQ:BIDU) recently revealed that its artificial intelligence (AI) chatbot, Ernie, has exceeded 100 million users. What Happened: As CNBC reported, Baidu’s Ernie bot, a comparable product to OpenAI’s ChatGPT, topped the 100 million user mark on...

U.S. markets were mixed on the last day of trading in 2023. The Dow Jones and S&P 500 experienced gains, rising by 0.14% and 0.04% respectively, while the Nasdaq declined 0.03%. On Thursday, the Dow closed at 37,710, the S&P at 4,783.35, and the Nasdaq at 15,095.14. Transitioning from the...

U.S. stocks showed a positive trend on Wednesday. The Dow Jones index rose by approximately 184 points, marking an increase of 0.5% to 35,273.03. Similarly, the NASDAQ index climbed 0.46% to 14,265.86, while the S&P 500 also experienced growth, gaining 0.41% to 4,556.62. This upward movement in...

It was a week filled with significant developments in the tech industry, with major players making headlines for various reasons. From Baidu’s shift from NVIDIA to Huawei for AI chips to Microsoft’s internal access restriction to OpenAI’s ChatGPT, the tech world was buzzing with...