According to Michael Burry Stock Tracker (@burrytracker), Baidu (BIDU) has gained approximately 4–6% year-to-date as the company emphasizes its AI business. However, trading data shows fundamental weaknesses: ad revenue is down 6% year-over-year and adjusted EPS has dropped 7% YoY. Although Baidu's cloud division reported strong 40% growth, it remains insufficient to offset declines in core segments. Michael Burry is reportedly betting that Baidu's AI investments will not translate into profits quickly. For crypto traders, lagging profitability in major Chinese tech stocks like Baidu signals that institutional capital may remain cautious about rapid AI-driven rallies in both equities and related AI crypto tokens. Source: @burrytracker on Twitter, June 19, 2025.