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0 0 0 0.00159808230123854 0.00223731522173393 0.000799041150619211 0.00263683579704353 0.00119936076707946
Stock impact report

Cathie Wood "Buys the Dip" in Baidu Stock -- Should You? [Yahoo! Finance]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU) 
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus ARK Invest added to its position in Baidu ( NASDAQ:BIDU ) while trimming exposure to several technology and industrial holdings following recent market moves. The investment firm led by Cathie Wood purchased 97,597 Baidu shares valued at about $12.2 million after the Chinese technology company's stock declined roughly 6% despite reporting fourth-quarter results that exceeded profit and sales expectations. Revenue during the period slipped about 4% year over year, reflecting continued softness in its advertising business. Warning! GuruFocus has detected 5 Warning Signs with BIDU. Is BIDU fairly valued? Test your thesis with our free DCF calculator. ARK's buying activity appears tied to Baidu's expanding artificial intelligence operations. The company said AI-related segments, including cloud infrastructure, applications, and autonomous driving initiatives, generated $1.61 billion in quarterly revenue, accounting for about 43% of total Show less Read more
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