Today: 19 May 2026
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NASDAQ:BIDU 30 December 2025 - 8 May 2026

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Kunlunxin, Baidu’s AI chip unit, has started the process for a Shanghai STAR Market IPO while maintaining plans for a Hong Kong listing. Baidu’s Hong Kong shares rose 5.75% after the news. The move comes as Chinese investors seek domestic AI chipmakers amid U.S. export curbs. Kunlunxin signed a pre-IPO tutoring agreement with China International Capital Corp on April 29.
8 May 2026
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Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber has committed over $10 billion to robotaxis, with more than $7.5 billion for fleets and $2.5 billion for equity stakes in autonomous driving partners, according to the Financial Times. The company plans to launch robotaxi services in at least 28 cities by 2028 and has signed deals with Baidu, Rivian, and Lucid. Uber did not immediately comment on the reported figures.
15 April 2026
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Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep traders wary

Uber stock slides toward $71 after hours as Baidu robotaxi Dubai launch, Lyft stumble keep traders wary

Uber shares fell 3.4% to $71.01 in late after-hours trading Wednesday, pressured by a sharp drop in rival Lyft after weak ride metrics. Uber and Baidu said Apollo Go autonomous ride-hailing will launch on Uber’s app in Dubai within a month. Lyft shares dropped 13%. Uber also agreed to buy Getir’s Türkiye food delivery business for $335 million.
12 February 2026
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Baidu stock slides as Kunlunxin Hong Kong IPO plan shifts focus to timing, approvals

Baidu stock slides as Kunlunxin Hong Kong IPO plan shifts focus to timing, approvals

Baidu’s U.S. shares fell 3.7% to $144.75 Monday after its AI chip unit, Kunlunxin, filed for a Hong Kong listing and received exchange approval to proceed with a spin-off. Baidu said Kunlunxin will remain a subsidiary after the deal, but did not disclose offering size or timeline. Jefferies raised its Baidu price target to $181, estimating Kunlunxin’s valuation at up to $23 billion.
5 January 2026
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Shanghai Stock Exchange reopens Jan. 5: Shanghai Composite near 4,000 as AI-chip buzz builds

Shanghai Stock Exchange reopens Jan. 5: Shanghai Composite near 4,000 as AI-chip buzz builds

Mainland China’s A-shares resume trading Monday after a New Year break, with the Shanghai Composite last closing at 3,968.84, up 0.09%. Hong Kong’s Hang Seng Index rose 2.76% Friday, led by Baidu and Hua Hong Semiconductor gains. Shanghai Biren Technology surged 76% in its Hong Kong debut. Investors await China’s services PMI and December CPI data this week.
4 January 2026
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Baidu stock today: BIDU jumps on Kunlunxin Hong Kong IPO plan as AI-chip frenzy builds

Baidu stock today: BIDU jumps on Kunlunxin Hong Kong IPO plan as AI-chip frenzy builds

Baidu shares jumped 14.9% to $150.30 after the company said it confidentially filed to spin off its AI chip unit, Kunlunxin, in a Hong Kong IPO. The stock touched $151.05 intraday, near a 52-week high. Baidu has not finalized offering details and said the deal depends on regulatory approval. Jefferies raised its price target to $181, estimating Kunlunxin’s value at up to $23 billion.
4 January 2026
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Baidu stock jumps nearly 15% after AI chip unit Kunlunxin files for Hong Kong IPO

Baidu stock jumps nearly 15% after AI chip unit Kunlunxin files for Hong Kong IPO

Baidu’s U.S.-listed shares jumped 14.9% to $150.30 Friday after confirming its AI chip unit Kunlunxin filed confidentially for a Hong Kong listing. The spin-off remains subject to regulatory approvals and final terms. Traders are watching for updates on timing, valuation, and potential follow-through when U.S. markets reopen Monday.
4 January 2026
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Dow, S&P 500 snap losing streak as chip and AI stocks kick off 2026 with a rally

Dow, S&P 500 snap losing streak as chip and AI stocks kick off 2026 with a rally

The Dow rose 0.7% and the S&P 500 gained 0.2% on the first trading day of 2026, led by a 4% jump in semiconductor stocks. The Nasdaq slipped, dragged by declines in Tesla after weak delivery data and losses in big tech. Baidu surged 15% after its AI chip unit filed for a Hong Kong listing. President Trump delayed tariff hikes on some furniture and cabinets for a year.
3 January 2026
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Baidu stock jumps nearly 15% on Kunlunxin IPO plan; what BIDU traders watch next

Baidu stock jumps nearly 15% on Kunlunxin IPO plan; what BIDU traders watch next

Baidu shares jumped 14.9% to $150.30 after the company said its AI chip unit Kunlunxin confidentially filed for a Hong Kong IPO. Baidu expects Kunlunxin to remain a subsidiary after the spin-off, but key terms are not finalized and the deal needs regulatory approval. Investors are watching for updates on IPO details and Baidu’s next earnings, expected around February 17, 2026.
3 January 2026
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FTSE 100 Smashes 10,000 as AI Bubble Talk Returns to Markets in 2026

FTSE 100 Smashes 10,000 as AI Bubble Talk Returns to Markets in 2026

London’s FTSE 100 topped 10,000 points for the first time Friday, reaching 10,046.3 as trading resumed after the New Year. The index jumped 21.5% in 2025, its best annual gain since 2009. In the U.S., the Dow and S&P 500 ended higher, while the Nasdaq fell for a fifth straight session. Investors are watching U.S. monetary policy and the impact of AI-related spending on markets.
3 January 2026
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Stock market today: Nasdaq, S&P 500 futures climb to start 2026 as Nvidia and Baidu rally

Stock market today: Nasdaq, S&P 500 futures climb to start 2026 as Nvidia and Baidu rally

Nasdaq 100 E-minis rose 1.05% and S&P 500 E-minis gained 0.60% in premarket trading Friday, led by rebounds in Nvidia and Broadcom. Baidu jumped 12% after its AI chip unit Kunlunxin filed for a Hong Kong IPO. Tesla rose over 2% ahead of delivery figures. The White House delayed tariff hikes on imported furniture for a year.
2 January 2026
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Nvidia’s China moat faces a new test as Biren pops 76% and Baidu chip unit files for Hong Kong IPO

Nvidia’s China moat faces a new test as Biren pops 76% and Baidu chip unit files for Hong Kong IPO

Shanghai Biren Technology surged 76% in its Hong Kong debut Friday, raising HK$5.58 billion after its IPO was heavily oversubscribed. Baidu said its AI chip unit Kunlunxin confidentially filed for a Hong Kong listing on Jan. 1. Samsung reported positive customer feedback for its HBM4 memory and is in talks to supply Nvidia. The U.S. granted TSMC an annual license to import chipmaking equipment to its Nanjing plant.
2 January 2026
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Baidu stock in focus as Kunlunxin Hong Kong listing plan lands — and Jefferies lifts target

Baidu stock in focus as Kunlunxin Hong Kong listing plan lands — and Jefferies lifts target

Baidu filed a confidential application to list its AI chip unit Kunlunxin in Hong Kong as part of a planned spin-off. Baidu’s Hong Kong shares rose 7.5% to HK$141.30, while its U.S.-listed shares last closed at $130.66, down 1.3%. The company said the deal is not finalized and would require regulatory approvals. Investors await details on deal structure and potential impact on U.S. trading.
2 January 2026
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Baidu stock today: BIDU rises as insider sale filing surfaces, with Fed minutes next

Baidu stock today: BIDU rises as insider sale filing surfaces, with Fed minutes next

Baidu’s U.S.-listed shares rose 1.6% to $126.81 Monday, outperforming China internet peers as Alibaba fell 2.5%. A securities filing showed Baidu CTO Wang Haifeng plans to sell 50,000 ADS worth about $6.24 million after a cashless option exercise. The disclosure came as Wall Street indexes slipped and China-Taiwan tensions added pressure to U.S.-listed China tech stocks.
30 December 2025
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Stock Market Today

  • US Stocks Slide as Tech Rally Fades Amid Middle East Tensions and Rising Yields
    May 19, 2026, 9:59 AM EDT. US stock futures declined Tuesday, May 19, with Nasdaq 100 futures down 0.7% and S&P 500 futures off 0.4%, signaling a possible continuation of the benchmark's longest losing streak since March. The cooling in technology stocks, a major driver of recent gains, followed a sharp bond market sell-off amid fears of tighter monetary policy. Traders remain cautious as the unresolved Middle East conflict disrupts the Strait of Hormuz and fuels elevated oil prices, which also pressure markets. Crude futures eased slightly but stayed elevated, with Brent crude above $110 per barrel, over 50% higher than pre-conflict levels. Market focus now turns to the Federal Reserve meeting minutes due Wednesday, which could influence near-term direction.

Latest articles

Bakkt Up Early After Director Buys $4.85M in Shares

Bakkt Up Early After Director Buys $4.85M in Shares

19 May 2026
Bakkt shares jumped 14.2% to $9.96 in pre-market trading Tuesday after a filing showed director Michael Alfred’s vehicle bought $4.85 million in stock. SEC documents said Alfred acquired 585,000 shares last week via Alpine Fox LP. CEO Akshay Naheta exercised options for 33,557 shares at $10 each. Bakkt recently reported Q1 revenue of $243.6 million, down sharply from a year earlier.
Relay Therapeutics Shares Rise In Pre-Market Ahead Of Key Drug Update

Relay Therapeutics Shares Rise In Pre-Market Ahead Of Key Drug Update

19 May 2026
Relay Therapeutics shares jumped 11.3% to $13.47 in premarket trading Tuesday after reporting a 60% volumetric response rate in 20 evaluable patients from its Phase 2 trial of zovegalisib for vascular anomalies. The company said 95% of patients saw some lesion reduction at 12 weeks. No patients discontinued due to adverse events. The regular Nasdaq session was set to open at 9:30 a.m. ET.

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Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps

Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps

18 May 2026
Ondas Inc. shares dropped about 10% to $9.555 in midday Nasdaq trading Monday after announcing a $199 million all-stock acquisition of Israeli defense software firm Omnisys and filing for potential resale of over 2.2 million shares tied to a previous deal. Trading volume topped 48 million shares. The Omnisys deal is expected to close in Q2, pending approvals and retention of key staff.
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