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Why did Baidu stock rise today? Earnings beat, thanks to the cloud

Mar. 01, 2022 3:43 PM ETBaidu, Inc. (BIDU), IQBy: Jason Aycock, SA News Editor3 Comments

Baidu Inc. Headquarters

zorazhuang/iStock Unreleased via Getty Images

  • Baidu stock (NASDAQ:BIDU) rose 7.5% Tuesday as the company beat expectations with its earnings report, despite a slowdown in advertising sales in a flagging economy.
  • In Nasdaq trading, the shares tagged their highest point in

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Comments (3)

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Charles Ian Tan profile picture
Tthe future is here - judging by the earnings call & update :)
AI will be Baidu future. But, it is a long term play.
@Kenny1819 agree a 100%

Do not buy unless you have a 5 year outlook.

Good chance you'll have market beating returns in the next decade in BIDU.
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