$Baidu (BIDU.US)$ very obvious which institution are e one s...
$Baidu (BIDU.US)$ very obvious which institution are e one shorting baidu base on the negative article that they keep releasing that makes zero sense. even have article stating that even if baidu is a us stock. it is still not recommended.
they just manage to reduce their vehicle cost by 60%. robotaxi has an average of 20 orders per day compared to a 13 for a manual driver. much lower labour cost compared to a driver.
baidu is in AI, search engine, streaming and now in the automotive Industry and all e so call experts think that a market cap of 30 billion for baidu with 30b cashflow is a sell. $Uber Technologies (UBER.US)$ has a market cap of 155B. $Alphabet-C (GOOG.US)$ is 2T.
For those that dun believe in it. you all can buy when it is more expensive
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ma gon : ql conclusion