Bidu Revenue +40%Amazon +22% Google+36% what is wrong with this picture
It's interesting how WS perception works and how the media works. A company that is growing at 40%making excellent profits , increasing guidance and still the market hate them. No logical reasoning except that is in China and people don't like that growing market.
Mobile growth 25%. It's weird how BIDU is being punished for not meeting Wall Streets profit expectations. I presume that BIDU is spending more to stay on top, to continue to dominate the search market? I have NUAN, which has been doing the same thing in the speech recognition arena. The stock hasn't done very well over the past year also.