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NASDAQ:BIDU News 2 January 2026 - 22 January 2026

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

New York, January 5, 2026, 09:52 EST — Regular session Baidu’s U.S.-listed shares (BIDU) fell 3.7% to $144.75 in morning trading on Monday, retreating from Friday’s close of $150.30 as investors took profits after last week’s surge. The move matters now because the trade has shifted from the headline to the hard parts: how quickly Baidu can turn a filing into an offering, and what valuation the market will put on the chip unit. A spin-off is the separate listing of a business, and it can reset how investors value the parent company. Baidu said its artificial intelligence chip unit,
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

NEW YORK, January 4, 2026, 08:10 ET — Market closed Mainland China’s A-shares — yuan-denominated shares traded on the Shanghai Stock Exchange and Shenzhen bourses — will resume trading on Monday, Jan. 5, after the New Year holiday shut onshore markets. Hong Kong set an upbeat tone on Friday as the Hang Seng Index rose 2.76%, with Baidu jumping 9.5% after it said it planned to spin off its AI-chip unit Kunlunxin for a Hong Kong listing, while chipmaker Hua Hong Semiconductor gained 9.4% after it announced a deal to expand foundry capacity. RTHK News The Shanghai Composite index (.SSEC)
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

NEW YORK, January 4, 2026, 06:55 ET — Market closed. Baidu, Inc. (BIDU) shares closed up 14.9% at $150.30 on Friday, January 2, after the company disclosed plans to spin off and seek a Hong Kong listing for its artificial intelligence chip arm, Kunlunxin. The stock gained $19.50 and hit $151.05 intraday, just shy of its 52-week high. Business Insider The announcement lands as Chinese investors crowd into domestic AI-hardware stories, with U.S. export rules tightening supply for some top-end Nvidia processors in China. Recent Hong Kong listings have drawn heavy demand as Beijing pushes semiconductor self-sufficiency. Barron’s Hong Kong’s
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

NEW YORK, Jan 3, 2026, 18:50 ET — Market closed Baidu’s U.S.-listed American depositary shares (BIDU) closed up 14.9% at $150.30 on Friday after the company said its AI chip unit Kunlunxin had filed for a Hong Kong listing. Baidu said Kunlunxin submitted a listing application to the Hong Kong stock exchange (HKEX) on a confidential basis, setting the stage for a spin-off — listing a subsidiary separately from the parent. The company said the move is meant to better showcase Kunlunxin’s value and broaden financing channels, and that Kunlunxin is expected to remain a Baidu subsidiary after the transaction.
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

NEW YORK, Jan 3, 2026, 17:26 ET The Dow and S&P 500 ended higher on Friday to start 2026, snapping four-session losing streaks as semiconductor shares rallied, while the tech-heavy Nasdaq finished fractionally lower. Investopedia The early tone matters because U.S. equities enter the new year after a three-year run of strong gains, with investors looking for signs that demand for AI-linked trades can broaden beyond a narrow group of winners. It also comes as traders brace for a busier data calendar and new policy risks, after a muted holiday stretch that left markets prone to sharp moves on thin
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

NEW YORK, January 3, 2026, 10:18 ET — Market closed. Baidu’s U.S.-listed shares last traded up 14.9% at $150.30 after the company said its AI chip unit Kunlunxin confidentially filed for a Hong Kong listing as part of a proposed spin-off. SEC The filing matters because investors are trying to put a standalone value on scarce, China-focused AI chip assets, which have drawn fresh attention as chip supply chains fracture. Jefferies analyst Thomas Chong lifted his price target on Baidu and said the spin-off “unlocks” value, estimating Kunlunxin could be worth $16 billion to $23 billion. TipRanks China’s push for
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

NEW YORK, January 3, 2026, 04:14 ET London’s FTSE 100 rose above 10,000 points for the first time on Friday, hitting an intraday high of 10,046.3 as markets reopened after the New Year holiday, a PA Media/dpa report carried by Bernama said. The index gained 21.5% in 2025, its best annual rise since 2009, helped by defence, mining and financial stocks. The milestone lands as investors try to gauge whether the rally that carried through 2025 can broaden in 2026, or whether price gains are running ahead of the economy. The timing matters because early-year positioning often sets the tone
Tesla deliveries miss as Baidu pops on AI chip IPO plan and Nasdaq opens 2026 higher

Tesla deliveries miss as Baidu pops on AI chip IPO plan and Nasdaq opens 2026 higher

NEW YORK, January 2, 2026, 10:48 ET The S&P 500 and Nasdaq opened 2026 on firmer footing on Friday, led by a rebound in technology shares. At 10:13 a.m. ET, the Dow was down 0.01%, the S&P 500 was up 0.38% and the Nasdaq Composite gained 0.75%. Reuters The first session of the year is an early test of whether last year’s momentum in big tech can carry into January after a late-December wobble. Traders are also looking for signs that policy-driven swings — from tariffs to incentives — will keep shaping market leadership. Moves in a handful of high-profile
AI stocks today: Baidu jumps on Kunlunxin IPO filing as Nvidia, Broadcom rise in premarket

AI stocks today: Baidu jumps on Kunlunxin IPO filing as Nvidia, Broadcom rise in premarket

NEW YORK, January 2, 2026, 08:23 ET — Premarket Shares of Baidu jumped about 12% in early premarket trading on Friday after the company said its artificial-intelligence chip unit had filed for a Hong Kong listing. Dow futures were up 171 points, or 0.35%, and S&P 500 futures rose 41.5 points, or 0.60%, while Nasdaq 100 futures gained 267 points, or 1.05%; Nvidia and Broadcom were up 1.8% and 1.6% in premarket trade. The new-year bid followed a late-December retreat in tech shares after AI-linked names helped push U.S. benchmarks to record highs in 2025. Reuters The first full trading
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

NEW YORK, January 2, 2026, 07:04 ET — Premarket U.S. stock index futures rose on Friday as Wall Street kicked off 2026 with a tech-led rebound after a late-year slide. At 5:45 a.m. ET, S&P 500 E-minis — futures contracts tied to the index — were up 0.60%, Nasdaq 100 E-minis gained 1.05% and Dow E-minis rose 0.35%. Nvidia and Broadcom climbed 1.8% and 1.6% in premarket trading, Reuters reported. Reuters Investors are looking for direction after the main indexes ended 2025 with four straight declines, a run that bucked the typical late-December seasonal lift. With the Fed’s benchmark rate
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Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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