Baidu (BIDU) is experiencing a surge in stock price following the announcement of plans to spin off its AI chip subsidiary, Kunlunxin, for a separate listing on

Baidu Stock Soars on AI Chip Unit Spin-Off

11:00am, Friday, 02'nd Jan 2026
One of our top stock picks for 2026 , China-based AI giant Baidu Inc (NASDAQ:BIDU) is already kicking the year off with a bang.

Stock Futures Looking to Start 2026 Higher

09:18am, Friday, 02'nd Jan 2026
Stock futures are firmly higher in the first trading day of 2026 after the market closed 2025 with gains

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08:40am, Friday, 02'nd Jan 2026
Stock futures are rising this morning as the market looks to start the year on a high note after posting big gains in 2025; Tesla shares are higher in premarket trading ahead of the expected release o
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Stock futures pointed higher Friday to ring in the new year after major equities indexes ended 2025 on four-session losing streaks.

Breakfast News: The S&P 500's Golden Year

07:45am, Friday, 02'nd Jan 2026
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Baidu (BIDU) shares climbed about 7% in Hong Kong trading on Friday after the company moved ahead with plans to spin off its artificial intelligence chip busine
Baidu plans to spin off and list its AI chip unit Kunlunxin in Hong Kong, aiming to unlock value, expand financing, and benefit from China's push for homegrown semiconductor technology.
Baidu rises sharply as it prepares to list its artificial-intelligence chip unit, taking advantage of a frenzy of Chinese investor interest in domestic AI technology.

What Is Going On With Alibaba Stock On Friday?

06:03am, Friday, 02'nd Jan 2026
Alibaba shares rose as investor optimism around China's AI push grows, fueled by Baidu's AI chip spinoff plans, government support for domestic semiconductors, and strong momentum in Alibaba Cloud and
U.S. stock futures rose on the first trading day of the year on Friday after missing the Santa Claus rally over the truncated week. Futures of major benchmark indices were higher. The Santa Claus trad
Baidu stock price exploded higher in Hong Kong, reaching its highest level since 2024. It jumped to a high of H$143.4, up by over 93% from its lowest level in 2025.
Baidu is seeking a Hong Kong IPO for its AI chip unit, Kunlunxin, as China accelerates self-reliance efforts. Kunlunxin is shifting from being an internal supplier to Baidu to a major third-party chip
Baidu's AI chip unit Kunlunxin has confidentially filed an application to list on the Hong Kong stock exchange, the latest company to capitalize on the frenzy surrounding artificial intelligence.
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