Almost a metaphor, or is it symbolism, for U.S. vs China. Just got my Vector Vest email describing the duel.
I like BIDU better, the reason is only over 10% can access the internet in china, a lot more room for growth.
A potential Baidu breakthrough in AI-based apps or services, including autonomous driving, is the key upside risk for this company. As a technology company, Baidu has been actively investing in AI for many years.
Also keep your radar on RIO (RioTinto) This mining company has automated 5 mines with driverless trucks and has just been given approval for autonomous locomotives for iron ore freight haul. https://www.barchart.com/stocks/quo...e=0&sym=RIO&grid=1&height=500&studyheight=100
fwiw... This makes great PR for a stock... but not sure how much its gonna positively affect the bottom line anytime soon, if at all. But it does make a great Reuters/WSJ/Bloomberg soft news filler piece. No opinion on RIO however. Might be a good play either way. Will look.