Weekly Report: what happened at BIDU last week (0817-0821)?

Last week BIDU had an overall loss of -9.36%, the stock price moved from 102.83 to 93.21, last week's high was 104.28, the low was 89.60, and the cumulative volume was 32.45M.

● BIDU Earnings report occurred last week on 18 August.

Last week's important news

• Baidu Analysts Slash Their Forecasts After Weak Q2 Results
• Morgan Stanley Downgrades Baidu to Underweight, Lowers Price Target to $80
• Baidu's Profitability Likely to Face Pressure in 3Q on AI Investment -- Market Talk
• Baidu Likely to Face Headwinds From Elevated Investments, Weaker Advertising Rev -- Market Talk
• Baidu's Decelerated AI Cloud Infrastructure Growth Weighs on Shares -- Market Talk