The headlines all paint a fairly dour picture for Baidu Inc (ADR) (NASDAQ:BIDU), and traders have certainly taken notice of the fact that BIDU stock has broken under some key support levels. Baidu’s COO and artificial intelligence leader Qi Lu is stepping down after less than two years on the job. It’s a problem, only because the company has spent the past year becoming an AI-centric company, largely under the guidance of Qi Lu. …read more
Source:: Yahoo Finance