The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Baidu shares edge north; Bernstein says AI is 'a new lease on life'

May 1, 2023
Source: seekingalpha.com seekingalpha.com
News Snapshot:
Baidu (NASDAQ:BIDU) shares edged up by almost 2% Monday as Bernstein analyst Boris Van raised his rating on the Chinese Internet search giant to outperform due to the opportunities from AI technology. Van lifted his rating on Baidu from market perform, or neutral, and set a $160-a-share price target on the company's stock, and said that AI has the potential to make up for what he called "a poorly constructed portfolio of initiatives." Van said GPT is likely to "give Baidu's strategy a new lease on life," and the technology "can accelerate development of its business and give the company...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: AI | Alphabet | Baidu | BIDU | Business | Chinese | development | EDGE | Giant | Google | Grab | Internet | Internet search | management | Meta | Microsoft | nasdaq | revenue | search | search engine | share | shares | stock market | technology

Other News:

China's Manufacturing Sector Accelerates Dual-Track Drive into Edge AI and Heavy Industrial Intelligence

July 21, 2026

Robert Lewandowski Stars in CHERY's New Brand TVC, Bringing "For Family" to Life

July 20, 2026
prnewswire.co.uk prnewswire.co.uk

Man who 'predicted Covid' and 2008 financial crash issues haunting warning about AI to world leaders

July 20, 2026
ladbible.com ladbible.com

The Pentagon is finally buying (some) weapons from startups

July 20, 2026
livemint.com livemint.com

World's largest AI model repository Hugging Face says 'hacked' by AI Agents, says: Intrusion started where AI platforms are uniquely …

July 20, 2026
timesofindia.indiatimes.com timesofindia.indiatimes.com

Czech legislators ‘testing the waters’ with China visit after years of tension

July 20, 2026
scmp.com scmp.com

Context Bombs Explained: New Cybersecurity Trick That Can Stop AI Hacking Agents

July 20, 2026
timesnownews.com timesnownews.com

A Cybertruck-like Van Is Deploying China’s Newest Flying Car

July 20, 2026
newsweek.com newsweek.com

EU hits AliExpress with a record 550 million

July 20, 2026
economictimes.indiatimes.com economictimes.indiatimes.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.