Big news about Baidu, a giant Chinese tech company! Its stock price dropped a lot because its leader, Robin Li, wasn't at an important meeting with China's president. This made investors worried.
- Baidu's stock price fell by 7%, losing $2.4 billion in value.
- Mr. Li's absence caused concern about Baidu's position in the market.
- Baidu is focusing more on artificial intelligence (AI) to grow its business.
| Fact | Details |
|---|---|
| Stock Price Drop | 7% |
| Money Lost | $2.4 billion |
| Baidu's New Focus | Artificial Intelligence (AI) |
Some people think Baidu might be losing its lead in the tech world. The meeting was about helping Chinese technology companies grow.
