U.S. stocks reacted | Baidu (BIDU.US) rose more than 3% signed a strategic cooperation agreement with China Merchants Group.

ZhixinFinance APP learned that on Tuesday, Baidu (BIDU.US) rose more than 3% to $118.54. On the news side, on September 15th, Cosco Shipping Group and Baidu signed a strategic cooperation framework agreement in Shenzhen. The two parties will cooperate in areas such as science and technology innovation industry, transportation and logistics, comprehensive finance, and real estate parks, focusing on cutting-edge artificial intelligence technologies such as big models and cloud computing to achieve resource sharing, complementary advantages, mutual benefit, and common development.