HomeIndustriesRetail'BIDU not growing is problematic'
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'BIDU not growing is problematic'

'BIDU not growing is problematic'

Baidu (BIDU) shares are slumping after the company saw profits decline last quarter. Brendan Ahern of Kraneshares said that the company's outlook is being hurt by the lack of stimulus and growth in the Chinese economy. White the stock is cheap, Ahern thinks there are other Chinese-based stocks like Alibaba (BABA) and Tencent (TCEHY) that may be better positioned until a trade deal with the U.S. is reached.

Morning Movers

18 Feb 2025

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