BIDU · NASDAQ
BIDU · NASDAQ
75.92 USD
-2.73 (-3.47%)
Baidu fell 2.9% in the first sharp move today as investors sold technology and AI-linked stocks after Amazon's spending plans and Intel's cash-burn warning revived concerns about returns on AI investment. Nasdaq hits near three-month low as Amazon, Intel rattle AI trade The Nasdaq fell sharply and volatility jumped, while Alibaba and Alphabet also declined; there was no company news behind it.
Baidu fell 2.9% in the first sharp move today as investors sold technology and AI-linked stocks after Amazon's spending plans and Intel's cash-burn warning revived concerns about returns on AI investment. Nasdaq hits near three-month low as Amazon, Intel rattle AI trade The Nasdaq fell sharply and volatility jumped, while Alibaba and Alphabet also declined; there was no company news behind it.