Uber’s Massive Shift: $10 Billion Push into Self-Driving Cars
Uber is investing $10B in self-driving cars and robotaxis, shifting from not owning cars to owning fleets to stay competitive.
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Baidu Q4 2025: Advertising Weakness Persists, AI Cloud & Apollo Go Step Up
Baidu’s (BIDU) latest results show slowing revenue and tough AI competition, yet cloud growth, overseas robotaxis, and a new $5B buyback + dividend signal brighter days ahead.
Pentagon Pulls Document Naming Alibaba, Baidu and BYD as Chinese Military-Linked Firms
The Pentagon briefly put Alibaba, Baidu, BYD, and TP-Link on a list of firms linked to China’s military, then removed it without explanation. The move caused stock drops and confusion. The companies denied any military ties and said they may take legal action.
Baidu Announces $5 Billion Share Buyback and New Dividend Policy
Baidu unveils a $5 billion share repurchase program and introduces its first dividend policy to boost long-term shareholder returns.
Baidu's AI Chip Unit Kunlunxin Files for Hong Kong IPO Amid Chinese Tech Boom
Baidu's AI chip subsidiary Kunlunxin files for Hong Kong listing as Chinese chipmakers capitalize on investor interest and Beijing's push for semiconductor independence from U.S. technology.
Citi Sees Positive Catalyst for Baidu Shares Amid AI and Chip Plans
Citi starts a "90-day positive catalyst watch" on Baidu, keeping Buy rating with $181 target. AI revenue, Ernie model, and potential chip spin-off may boost investor confidence.