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. Read More
Investor sentiment faded on Friday as a key inflation gauge closely watched by the Federal Reserve climbed to a five-month-high, casting fresh uncertainty over the timing of potential interest rate cuts.
Chinese stocks are a ticking time bomb, but not in the way that most investors would think. All the upside can be had in this region with the right picks.
Chinese tech and EV stocks surged as AI startup DeepSeek unveiled upgraded V3.1 model to run on domestic chips, boosting Beijing's drive for AI independence.
Wall Street gave up early gains on Wednesday as tech stocks tumbled under renewed pressure, dragging the Nasdaq into the red. Markets are treading cautiously ahead of Jerome Powell’s Jackson Hole speech, while Fed minutes revealed increasing internal discord.
In the second quarter of 2025, revenue fell 4% compared to last year, hitting 32.71 billion yuan ($4.56 billion), which was a little below what analysts were expecting.
