Baidu
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An unverified claim suggests Baidu's Hong Kong listing upgrade would allow mainland Chinese investors to access the stock. No further details are available.
corporate action · Impact 60Uber riders in select Dubai areas can now be matched with Baidu's fully driverless Apollo Go RT6 robotaxis through UberX, Uber Comfort, or the new Autonomous option.
analyst action · Impact 30Jefferies lowered its price target on Baidu to $167 from $174, according to a note from the bank.
earnings · Impact 40Baidu Q2 revenue RMB31.33B (est. 31.59B), adj. EBITDA RMB6.15B (est. 5.81B), adj. profit per ADS RMB7.22 (est. 9.75). AI Cloud revenue +50% YoY to RMB7.3B.
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