The Latest Breaking News from BIDU

A whale with a lot of money to spend has taken a noticeably bearish stance on Baidu. Looking at options history for Baidu (NASDAQ:BIDU) we detected 22 strange trades.

A whale with a lot of money to spend has taken a noticeably bearish stance on Baidu. Looking at options history for Baidu (NASDAQ:BIDU) we detected 16 strange trades.

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Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 15.54% on an annualized basis producing an average annual return of 22.29%. Currently, Baidu has a market capitalization of $50.57 billion.

A whale with a lot of money to spend has taken a noticeably bullish stance on Baidu. Looking at options history for Baidu (NASDAQ:BIDU) we detected 23 strange trades.

Baidu, Inc (NASDAQ:BIDU) electric vehicle arm Jidu Auto launched a "robot" concept car via an online press conference held on Baidu's metaverse-themed app Xirang. It is the first vehicle to be revealed by a Chinese internet company. The concept car is free of door handles and is fully controlled via voice recognition, Reuters reports.…

A whale with a lot of money to spend has taken a noticeably bearish stance on Baidu. Looking at options history for Baidu (NASDAQ:BIDU) we detected 12 strange trades.

Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 15.3% on an annualized basis producing an average annual return of 22.23%. Currently, Baidu has a market capitalization of $49.69 billion.

Baidu, Inc (NASDAQ:BIDU) reported first-quarter FY22 revenue growth of 1% year-on-year to $4.48 billion, beating the consensus of $4.18 billion.  Segments: Baidu's Core revenue increased 4% Y/Y to $3.37 billion; Online marketing revenue declined 4% Y/Y to $2.47 billion, and Non-online marketing revenue jumped 35% Y/Y to $903 million, driven by cloud and other AI-powered businesses.…

Baidu, Inc (NASDAQ:BIDU) chip affiliate Kunlun discussed raising 2 billion yuan ($317 million) in its second funding round, Bloomberg reports. Kunlun has deployed its AI chips to power Baidu's core searching services, and the new financing will help it further expand its client base beyond its parent in a market dominated by Nvidia Corp (NASDAQ:NVDA). Demand…

Someone with a lot of money to spend has taken a bullish stance on Baidu (NASDAQ:BIDU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.