Analysts cautious on Baidu after falling ad rev, AI-related challenges raises concern

seekingalpha
2024-11-26

Yongyuan Dai/iStock Unreleased via Getty Images

Wall Street moved to the sidelines following Baidu's (NASDAQ:BIDU) mixed third quarter report last week, saying the Chinese internet search company continues to go through macro conditions, AI-related headwinds, and declining ad revenue, among challenges.

Susquehanna on Monday said Baidu

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