BIDU is trading at $127.66 (+5.04%) amid sustained optimism for the Nebula Project, which opened its Orion AI engine to major smartphone manufacturers.
- The stock reversed yesterday's -1.43% drop to $121.53, following a +4.15% after-hours gain to $126.57.
- Baidu's $5 billion share repurchase through 2028 and new dividend policy are supporting the rally, alongside a 1.39% gain in the Nasdaq.