Stock Screener Flags Baidu As China Search Engine Rolls Out AI … – Investor’s Business Daily
Baidu (BIDU) is trading near new highs and is among the top stocks in the Relative Strength At New High list of IBD Stock Screener.
The RS screen finds growth stocks with relative strength lines hitting new highs while building a base or breaking out. The new highs are often spotted as a blue dot in MarketSmith pattern recognition on daily and weekly charts.
Baidu Increases AI Exposure
Beijing-based Baidu is an internet search provider that uses artificial intelligence in its search function and other businesses. The company is expanding its AI businesses using “Baidu Brain” technology, with its Ernie chat bot in recent focus.
Seventy percent of Baidu’s revenue comes from Baidu Core, which consists of mobile apps, AI cloud services and self-driving technology.
Over 1 billion users access Baidu’s products every month.
Stock Screener Finds Internet Search Stock
Baidu is one of 35 growth stocks that made the Relative Strength At New High stock screener on Wednesday.
The stock’s daily…
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source: https://news.oneseocompany.com/2023/03/29/stock-screener-flags-baidu-as-china-search-engine-rolls-out-ai-investors-business-daily_2023032942772.html
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