#BIDU
4 articles with this tag
Baidu and CoreWeave Lead AI Selloff as 30-Year Treasury Yields Hit Multi-Year Highs
AI chip stocks fell sharply Tuesday as the 30-year Treasury yield climbed to 5.32 pct, sending SOXX down 4.96 pct and pushing Baidu and CoreWeave to double-digit losses. monday.com surged 5.65 pct on an earnings beat, leading a narrow countertrend rally in enterprise AI software.
Baidu and Palo Alto Networks lead AI rally as Nasdaq hits record close, SOXX +2.4%
Baidu surged 7.6% after unveiling an autonomous AI agent platform, while Palo Alto Networks climbed to a 52-week high ahead of its May 26 earnings. The Nasdaq Composite and S&P 500 both closed at records despite a hotter-than-expected April producer-price reading.
Intel tumbles 6.8% as hot CPI cools chip rally, MongoDB +4.8%, SOXX -3.15%
Intel led a broad chip-sector pullback on May 12 as a hotter-than-expected April CPI print sent the iShares Semiconductor ETF down 3.15%. MongoDB jumped 4.78% on its new AI agent platform launch and a fresh Citi upgrade to $450.
Intel and AMD power AI chip rally on Q1 blow-out, SOXX +2.6%
$INTC ripped +12.1% on a Q1 2026 blow-out (EPS $0.29 vs $0.01 expected, revenue $13.58B vs $12.42B). $AMD +4.3% on DA Davidson upgrade. $NVDA -1.8% into May 20 print. SOXX +2.6% as semis decouple from flat S&P.