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While Baidu remains a strong contender, Nomura warned that monetization hurdles and rivals' ad-free approach could hinder its efforts.\"The traditional bidding based search ad listings do not seem to fit well into AI search, which is supposed to serve its users just one result to the inquiry,\" analyst at Nomura said.Nomura also lowered its revenue growth forecast for Baidu’s core advertising business to 0% for 2025, citing potential user migration to AI search. Meanwhile, AI cloud revenue growth was revised upward to 29% from 18%, driven by rising AI demand.The brokerage said ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/nomura-downgrades-baidu-amid-ai-154930483.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nomura-downgrades-baidu-amid-ai-154930483.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"rating","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["NMR","BIDU","BABA","HBBD.SI"],"gpt_icon":1},{"id":"2512110689","title":"Nomura Micro Science Logs 64% Lower Attributable Profit in Fiscal 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