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Benzinga
Benzinga
World
Melanie Schaffer

Baidu Stock Takes Off As China's Tech Sector Soars On Stimulus, Regulatory Cloud Lifts: What To Watch

Baidu China United States Nasdaq

Baidu, Inc (NASDAQ:BIDU) was surging over 8% higher on Thursday on the alignment of a number of positive catalysts affecting the stock.

At the Quantum Create 2022 conference in Beijing, the Chinese multinational technology company announced the launch of its first superconducting quantum computer and world's first all-platform quantum hardware-software integration solution.

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