News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>Nomura Drops Baidu (BIDU.US) TP to US$95, Rating Neutral
BIDU-SW (09888.HK)(BIDU.US) ultimately decided to confront the intensified competition in the AI search market, according to Nomura's research report. While accelerating its AI...
Reset
Send
The window will close in 5 seconds
<Research>Nomura Drops Baidu (BIDU.US) TP to US$95, Rating Neutral
Close
Recommend
8
Positive
13
Negative
7
 
SHORT SELL
 
STOCK INFO

BIDU-SW (09888.HK)  +0.450 (+0.544%)    Short selling $262.62M; Ratio 30.780%   (BIDU.US)      ultimately decided to confront the intensified competition in the AI search market, according to Nomura's research report.

While accelerating its AI search, BIDU-SW also sacrificed its own search advertising business. The broker anticipated that AI search may become the mainstream search method in the future due to its efficiency and convenience.

Related NewsG Sachs Expects BYD COMPANY/ NTES-S/ TRIP.COM-S to Enjoy More Passive Fund Inflows After HSI Quarterly Review
As of 1Q25, the proportion of content generated by BIDU-SW's AI search in search results increased from 11% a year ago to 35%, and it expected to raise the share to over 50% in the short term. Therefore, the broker dropped its target price for the Group's US stock from US$98 to US$95, with rating at Neutral.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.