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Baidu's Trading Volume Surges 65.61% to 3.52 Billion, Ranked 292nd in Market
Generated by AI AgentAinvest Market Brief
Wednesday, May 14, 2025 8:00 pm ET1min read
On May 14, 2025, Baidu's trading volume reached 3.52 billion, marking a 65.61% increase from the previous day. This surge placed
at the 292nd position in the day's stock market rankings. Baidu's stock price rose by 1.55%.Baidu is setting its sights on Europe as the next destination for its robotaxi service. The company plans to test its
Go robotaxi service in Switzerland, marking an international expansion amid fierce competition. This move comes despite strict European regulations, indicating Baidu's confidence in its technology and market potential.Baidu's bullish option flow has been detected, with 24,778 calls trading, which is three times the expected volume. The implied volatility has also increased by almost 5 points to 47.76%, suggesting a positive market sentiment towards Baidu's stock.
Baidu is in talks with Switzerland's PostAuto to launch Apollo Go and plans to expand into Turkey. This strategic move is aimed at gaining a competitive edge in the autonomous driving sector, especially as domestic competition intensifies.
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