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Baidu (NASDAQ:BIDU) Upgraded to Buy by Nomura Instinet

Baidu (NASDAQ:BIDU – Get Free Report) was upgraded by Nomura Instinet from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a $145.00 price objective on the information services provider’s stock. Nomura Instinet’s target price would indicate a potential upside of 27.84% from the […] ....

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Baidu says sees limited impact from U.S. chip curbs after Q3 revenue beat, ET Telecom

Baidu: However, Li said the U.S. sanctions on exports of advanced AI chips to China made by the likes of Nvidia would impact overall AI development in China and predicted that the shortage could prompt a consolidation of LLMs in the country. Li said last week China had over 230 LLMs. ....

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This Chinese map app wants to be a super app for everything outdoors

Amap is not satisfied with just giving you directions. It wants to offer you everything from real estate listings to car rentals. ....

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Baidu Stock, Not Alibaba, Is the Best Way to Play Chinese Tech

Baidu doesn’t face the challenges Alibaba does, making its stock a more attractive bet on China’s technology sector. ....

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Baidu Stock Gains After Earnings Beat. AI Is Making Money, but Risks Loom.

The Chinese tech company reported third-quarter earnings of $2.86 a share on revenue of $4.8 billion. ....

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