Beijing-headquartered Baidu (BIDU) provides artificial intelligence (AI), cloud, and Internet search services in China. I am bullish on the stock. There's no denying it, investing in Chinese technology businesses has been a challenge. The nation's crackdown on tech-related businesses, based on security concerns, has been well documented. This factor could cause some traders to avoid Baidu stock, based on fear that Baidu can't thrive in this restrictive environment. On top of that, some investors may be worried about restrictions in China due to the COVID-19 pandemic. This is a valid concern, so Baidu's financial results should be monitored carefully.
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Baidu (NASDAQ:BIDU)
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Baidu (NASDAQ:BIDU)
Historical Stock Chart
Von Aug 2021 bis Aug 2022 Click Here for more Baidu Charts.