Baidu: A Value Deal
Baidu (NASDAQ: BIDU ) reported earnings for the first fiscal quarter that widely exceeded (low) Wall Street’s expectations. The tech enterprise saw a robust performance in its Cloud segment, which is where revenues surged 42% year-over-year, in part due to utilization of AI products. The company'sAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BIDU, BABA, PDD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinio ...