2 Stocks Making Waves as the Market Treads Water

Baidu (NASDAQ: BIDU) managed to buck a trend that has hurt Chinese stocks lately with good news on the regulatory front, but online real estate specialist Zillow Group (NASDAQ: Z) (NASDAQ: ZG) fell to levels it hasn't seen in more than a year as it made a business move that investors didn't like much. Shares of Baidu were higher by 4% early Monday afternoon. The Chinese Ministry of Industry and Information Technology is reportedly looking at making new rules that would force media companies like Tencent Holdings and TikTok parent company ByteDance to make their content available to third-party search engines.