Baidu

🌟 Michael Burry, the well-known investor who predicted the 2008 financial crisis, is once again changing the direction of his investment strategy.

Let's take a look at the interesting moves this famous investor has made:

📈 Gold - In the first quarter of 2024, Burry focused heavily on commodities. He increased his largest position in theSprott Physical Gold Trust $PHYS by $7.62...
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Investors, does anyone have $BIDUstock in their portfolio ?

For me, Baidu is quite an interesting company and according to Bulios the stock is undervalued so I was wondering if any of you have shares of this company in your portfolio and possibly why.

📆 Next week's investment calendar! 🚀

Here's my recap of the most interesting events coming up in the next week!

Monday 🌐:

📊 New Home Sales for January (Expectations 684,000, previously 664,000), month-over-month for January (expected +3%, previously +8%).

💹 Earnings: Domino's Pizza $DPZ, Freshpet $FRPT, Hims & Hers $HIMS, Unity Software $U, Workday $WDAY, Zoom $ZM and other...
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This week, most are probably waiting for the $NVDA results. Today $BIDU reported results and they didn't do badly at all. Operating profit was RMB 5.210 billion (about $718 million), up 53% year-over-year and 5% quarter-over-quarter. Baidu's net profit was RMB 5.210 billion (about $718 million), down 11% year-over-year and 11% quarter-over-quarter.

How do you feel about $BIDU? From an AI perspective, I think they've come pretty far, but it's China and I'm avoiding that for now.