Baidu, Inc. (BIDU)
Pre-market:
| Previous close | 98.23 |
| Open | 99.68 |
| Bid | 99.17 x 400 |
| Ask | 99.25 x 400 |
| Day's range | 98.26 - 99.92 |
| 52-week range | 94.25 - 156.98 |
| Volume | |
| Avg. volume | 3,217,248 |
| Market cap | 35.053B |
| Beta (5Y monthly) | 0.68 |
| PE ratio (TTM) | 13.03 |
| EPS (TTM) | 7.61 |
| Earnings date | 16 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 157.51 |
- Reuters
UPDATE 2-Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Japan's Toyota Motor will pair up with China's Tencent while Nissan will team up with Baidu, the companies said on Thursday, cross-border partnerships that highlight the importance of artificial intelligence for carmakers. The separate announcements from two of Japan's biggest automakers at the Beijing auto show also underscored the attempt by Japanese manufacturers to come to grips with the massive technological shifts that have disrupted their once enviable positions in the Chinese market.
- Reuters
UPDATE 1-Mercedes says it will continue to invest in China tie-ups
Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with Chinese partners like internet firm Baidu , noting China was crucial to its global strategy. China was "the most dynamic new energy vehicle market", Hubertus Troska said at a press conference on the opening day of the Beijing autoshow that was also attended by Baidu CEO Robin Li. Mercedes sales chief, Duan Jianjun, told the same event that they had brought a number of electric models to the show and that the German automaker hoped this would put to rest "rumours" that the company had given up on electrification.
ReutersMercedes says it will continue to invest in China tie-ups
BEIJING (Reuters) -Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with Chinese partners like internet firm Baidu, noting China was crucial to its global strategy. China was "the most dynamic new energy vehicle market", Hubertus Troska said at a press conference on the opening day of the Beijing autoshow that was also attended by Baidu CEO Robin Li. Mercedes sales chief, Duan Jianjun, told the same event that they had brought a number of electric models to the show and that the German automaker hoped this would put to rest "rumours" that the company had given up on electrification.
