BIDU DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Baidu (NASDAQ: BIDU) Investors of Securities Class Action Lawsuit Deadline on November 13, 2026

NEW YORK--(BUSINESS WIRE)--Sep 16, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Baidu, Inc. (“Baidu” or the “Company”) (NASDAQ: BIDU) and reminds investors of the November 13, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company had overstated the ability of its AI business to mitigate rapid declines in its legacy online marketing business; (2) that, as a result, the Company’s revenue was reasonably likely to decline; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 18, 2026, before the market opened, the Company reported second quarter 2026 financial results, revealing that Baidu General Business revenue fell 4% year over year to RMB25.2 billion (or $3.71 billion), with Legacy Business revenue falling 23% year over year to RMB10.4 billion and total Online Marketing Services revenue falling 19% year over year to RMB13.1 billion. Critically, the Baidu Core AI-powered business fell 8% quarter over quarter to RMB12.5 billion (or $1.86 billion), its year-over-year growth having decelerated from 49% in the first quarter of 2026 to 25%, and its largest component, AI Cloud Infra, having fallen 17% quarter over quarter from RMB8.8 billion to RMB7.3 billion.

On this news, the price of Baidu ADS fell $13.25 per share, or 12.73%, to close at $90.87 on August 18, 2026, thereby injuring investors.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Baidu’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Baidu class action, go to www.faruqilaw.com/BIDU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Baidu Securities Class Action Lawsuit:

What is the Baidu securities fraud lawsuit about?

The lawsuit alleges Baidu misled investors about its AI business’s ability to offset declines in its legacy online marketing business and failed to adequately disclose the risk of declining revenue.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Baidu (NASDAQ: BIDU) securities between November 18, 2025 and August 17, 2026 may be eligible if they suffered losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the proposed class during the litigation. Eligible investors must file a motion with the court by November 13, 2026. Investors may participate without serving as lead plaintiff.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Baidu securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

BIDU DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Baidu (NASDAQ: BIDU) Investors of Securities Class Action Lawsuit Deadline on November 13, 2026

MANILA, Philippines (AP) — Her father may no longer be with her, but Lorita Santos keeps the memories they shared close to her heart.

She was among thousands of Filipinos who flocked to cemeteries across Manila on Sunday to visit the graves of their loved ones, marking All Saints’ Day.

For generations, the tradition known locally as Undas has brought families together to remember and honor their dead. The name derives from the Spanish word “honras,” meaning “honors.”

“Just because they have passed away does not mean we should forget them,” said Santos, who visited the resting places of her father and three other relatives.

Her family marks the occasion by offering flowers and candles. Together, they also pray and share snacks.

The visits are an opportunity to share stories about those who have passed away. Santos fondly remembers how her father would give his children and grandchildren small gifts every payday.

“We will never forget that,” she added.

Santos grew up visiting the graves of her relatives, even outside All Saints’ Day. Now, she is teaching her kids to do the same.

“We pass this on to our children to make sure they are aware of the tradition, so that if something happens to us, they know what to do,” Santos said.

Encompassing All Saints’ Day and All Souls’ Day, Nov. 1 and 2, Undas is rooted in Catholic observances but also incorporates beliefs and customs that predate Spanish colonization.

“There is a very long tradition of ancestor worship in the Philippines,” said Nestor Castro, an anthropology lecturer at the University of the Philippines Diliman.

Long before the Spanish arrived, Filipinos honored ancestral spirits known as anito by offering food and other gifts to the dead. These practices were not tied to a particular date but formed part of a broader tradition of ancestor veneration, Castro explained.

The tradition evolved after the Spanish arrived in 1565 and introduced Catholicism and new religious practices, some of which may have come from Mexico.

The two countries have historical ties dating back to Spanish colonial rule, when the Manila-Acapulco galleon trade connected them for centuries. Today, they also have similar customs for honoring the dead and remembering loved ones.

In Mexico, many families also honor their departed loved ones by spending a day or night at their graves or setting up altars at home. It is a joyful occasion filled with marigolds, music and food.

Similar customs are observed in other countries with strong Catholic traditions, including Bolivia, Poland and Hungary, where families gather to honor their dead with flowers, candles and prayers.

In Filipino culture, death is not only a time to honor those who have passed away, but also an occasion that brings families together, Castro said.

During funeral wakes, he added, families wait for relatives who live far away to arrive before burying their loved ones. “That’s when family reunions occur. It’s a binding event.”

That sense of togetherness also extends to Undas. Sticky rice cakes are often shared for the occasion, symbolizing the bonds between relatives through their sticky texture.

“These events foster and solidify kinship relationships,” Castro said.

For Mike Mamaril, a 42-year-old school maintenance employee, visiting his parents’ graves is a custom passed down from his grandparents. He said he makes time for the annual visit, even though he rarely gets another opportunity to go.

The gatherings are also a chance to reminisce about his mother and father, including the lighter moments of his childhood.

“We always talk about who among us got scolded the most,” Mamaril said.

Hernández reported from Beijing.

Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.

A woman takes photos using her smartphone as they visit their departed at Manila's North Cemetery, Philippines while the country observes All Saints' Day on Sunday, Nov. 1, 2026. (AP Photo/Aaron Favila)

People walk beside apartment-type tombs at Manila's North Cemetery, Philippines as the country observes All Saints' Day on Sunday, Nov. 1, 2026. (AP Photo/Aaron Favila)

A man carries a child and flowers at Manila's North Cemetery, Philippines as the country observes All Saints' Day on Sunday, Nov. 1, 2026. (AP Photo/Aaron Favila)

A man places Philippine flags on soldier's tombs at Manila's North Cemetery, Philippines as the country observes All Saints' Day on Sunday, Nov. 1, 2026. (AP Photo/Aaron Favila)

A man holds a balloon as he walks beside apartment-type tombs at Manila's North Cemetery, Philippines as the country observes All Saints' Day on Sunday, Nov. 1, 2026. (AP Photo/Aaron Favila)