Baidu claims its robotaxis have grabbed 10% of the journey-hailing market place in a suburb of Beijing

Crucial Points

Chinese tech giant Baidu stated its robotaxis have grabbed about 10% of the trip-hailing market in a suburb of Beijing town.
Baidu began presenting no cost robotaxi rides in the suburban area in October 2020, and obtained acceptance to gather fares in November 2021.
Having said that, CNBC checks of the Baidu robotaxi application have showed rides remain seriously subsidized, even as of Wednesday.

Supply

Finance

Stocks making the biggest moves midday: Bank stocks, Netflix, Duolingo, AES, Sunrun and more

February 27, 2026

Check out some of the companies making the biggest moves midday: Netflix , Paramount Skydance , Warner Bros. Discovery — Netflix shares climbed 10% after the streaming service declined to raise its bid for Warner, and match a new bid from Paramount. Warner dipped 2%, while Paramount soared 18%. Bank stocks — Several bank stocks […]

Finance

UBS downgrades the U.S. stock market. Here’s what has the investment bank worried

February 27, 2026

Key Points UBS downgraded U.S. equities, saying factors that powered years of outperformance are starting to fade. The dollar risk is a central concern as the firm sees “asymmetric structural downside risks” to the greenback. Another pillar of U.S. stock strength — corporate buybacks — is also losing its edge, the bank said. Source

Finance

Stocks making the biggest moves premarket: Block, Dell Technologies, CoreWeave, Netflix and more

February 27, 2026

Check out the companies making headlines before the bell. Netflix , Paramount Skydance , Warner Bros. Discovery — Netflix shares popped more than 7% after the streaming giant declined to raise its bid for Warner’s assets and match a new bid from Paramount. Warner’s stock dipped about 1%, while Paramount jumped more than 7%. Block […]