Baidu Plunges as AI Costs Hurt

Featuring: Robert Lea, Senior Analyst at Bloomberg Intelligence, joins the program to discuss Baidu's earnings. Plus, the future of AI development for Baidu and other top China tech firms. John Liu, Bloomberg Executor Editor in Beijing, sits down with us to discuss China's Chinese regulators are taking steps to gradually shrink "Direct Market Access” products for quantitative funds.Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities, joins the program to discuss his perspective on APAC markets  Subscribe and rate our podcast here:Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.