Baidu, Inc. (BIDU)

BIDU is a different beast than GOOG.

1) GOOG is 700B dollar company based on search.BIDU is 70B.
2) 7B is on CTRP. valuations of china's internet based investments are up. Companies likeYY and Momo are up big time. With that in mind iQiyi should be valued at 5-7B. BIDU eatery is valued at 2B. BIDU's share of Didi is at least 2B. Other O2O bets have some value as well. Then there is apollo project.
3) Its hard to see how much the search should be valued. So investors are trying to guess by using the revenue and any positive signs of profit.

So a small beat may be enough for BIDU investors to be happy specially if revenues went up a lot. Basically law of big numbers is not a factor for BIDU, not yet.

if ya did not sell yesterday on good news ---> welcome to bad news and stock down today
gotta master the art of "rinse and repeat" to profit yourself upon market cycling for trading $$$
bonne chance a` tous ...

=== Baidu is under investigation by Chinese authorities after the search engine provider's CEO test drove an autonomous vehicle on public roads. Baidu is heavily involved in the technology behind self-driving cars in China.

While BIDU is not overpriced at 64B, I wonder why a deal with NVDA will drive the stock.WE all know BIDU is working on automatic driving and other AI fields. While it is expected that Chinese government will probably try to push local companies at the expense of TSLA or GOOG, we do not know who might win in the automated driving.

There are several possible drivers of BIDU stock

1) Revenue is going up. The EPS is improving to some degree.
2) IQiyi becoming profitable is taking some time, anytime it becomes profitable or BIDU sells the unit financials will improve.
3) CTRP is becoming healthier (BIDU owns 25%)
4) O2O (like eatery and others) are still losing money. BIDU will be trying to limit the loss. Consolidations on iQiyi or o2o will happen at some point.