🔴 BIDU is trading 4.7% down today on Trump–Xi summit fallout and broad tech weakness

BIDU is trading 4.7% down at $136.58 amid broad tech weakness and risk-off sentiment following the Trump–Xi summit outcome.

• The move is largely aligned with a broader NASDAQ decline and renewed concerns regarding U.S.–China tech and trade tensions.
• No major company-specific negative catalysts have surfaced beyond the previously announced AI model committee reorganization.