Baidu Responds to Recent Media Reports on ERNIE Bot

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Morgan Stanley Names Baidu (BIDU) a Positive Research Tactical Idea, 'we see improving fundamentals in 4Q23'

January 17, 2024 9:42 AM EST

Morgan Stanley analyst Gary Yu reiterated an Overweight rating on Baidu (NASDAQ: BIDU).

The analyst comments "We believe the share price will rise in absolute terms over the next 60 days. This is because the stock has traded off recently, making short term... More

Citi says Baidu (BIDU) stock selloff overdone

January 16, 2024 6:54 AM EST

Baidu (NASDAQ: BIDU) stock fell 7% on Monday after the SCMP reported that scientists from the PLA's Strategic Support Force reportedly tested Baidu's Ernie and iFlyTek's Spark, large language models (LLMs), in military simulations.

The research paper, published by these scientists in December,... More