BIDU - Baidu, Inc.
| Previous Close | 217.30 |
| Open | 221.00 |
| Bid | 223.50 x 1400 |
| Ask | 223.98 x 800 |
| Day's Range | 217.10 - 225.07 |
| 52 Week Range | 207.74 - 284.22 |
| Volume | 5,249,655 |
| Avg. Volume | 4,211,804 |
| Market Cap | 77.958B |
| Beta | 1.96 |
| PE Ratio (TTM) | 22.05 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters•17 minutes ago
Tencent-backed Qutoutiao files for U.S. IPO
Qutoutiao, which means "fun headline", collects articles and short videos from professional media and freelancers and presents customized feeds to users on its namesake mobile application. The Shanghai-based company said it plans to have its American Depository Shares listed on the Nasdaq under the ticker symbol "QTT". The amount of money a company says it plans to raise in its first IPO filing is usually a placeholder.
- Motley Fool•6 hours ago
A Lesson on the Perils of Investing in China
Tencent offers a a textbook example of what can -- and does -- happen.
- Zacks•9 hours ago
Google Roundup: Back to China, YouTube Gains, Waymo Deals
Alphabet's (GOOGL) Google is building a search app tailored for China, its YouTube platform is now the second most visited website in the world and its Waymo unit is testing new use cases.
- The Wall Street Journal•12 hours ago
[$$] Google Outgrows Its Youthful Ideals
Inc.’s Google, that transition from youthful idealism to crusty, middle-age realism is in full swing. The latest evidence of Google’s pragmatic side is its Dragonfly project, a version of its search engine that would conform to China’s strict censorship, so that Google can bring search back to that country after abandoning it in 2010. In the past year, Google’s leadership had to rapidly backpedal from the company’s attempt to work with the Department of Defense on projects to enhance weapons targeting—and the decision to back out met with criticism as well.
- InvestorPlace•14 hours ago
JD.com Has Potential, But It’s Not Attractive Just Yet
It’s been a tough month for Chinese stocks, particularly e-commerce company JD.com (NASDAQ:JD). Not only has JD seen its share price beaten down by trade tension between the U.S. and China, but the company’s second-quarter results came in below expectations and caused sentiment towards JD stock to sink even lower. JD is down nearly 40% from where it was just six months ago, which is sure to pique contrarians’ interest.
Reuters•17 hours agoChinese internet stock sell-off may shake faith in FANGs
A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street's near-decade long rally may be low on fuel. Outstanding gains in Facebook (FB.O), Amazon (AMZN.O), Netflix (NFLX.O) and Alphabet (GOOGL.O) have underpinned much of the U.S. stock market's rally in recent years, along with the broader tech sector, but the group is widely viewed as overbought and valuations remain expensive. Backed up by strong earnings growth and investor confidence in Silicon Valley's innovation track record, the S&P 500 technology index (.SPLRCT) is up 16 percent in 2018, making tech Wall Street's top performer.
- Financial Times•yesterday
[$$] Lu Qi, straddling the divide between China and the US
Sam Altman, the founder of Y Combinator, the leading Silicon Valley start-up incubator, first met Lu Qi in 2005 when the Chinese-born technologist was at Yahoo — and Mr Altman was still a teenager. to establish a beachhead in China for Y Combinator and help identify start-ups on the mainland to nurture and invest in. “He will be perfectly aligned with founders of young companies,” Mr Altman told the Financial Times, pointing to Mr Lu’s approach to negotiation and dealing with young companies.
- InvestorPlace•yesterday
Don’t Go Contrarian on JD.com Stock Just Yet
Thanks to a robust population and economic growth, JD stock generated significant, albeit choppy gains. Later, JD stock impressed in 2015, but suffered a disappointing result in 2016. BABA enjoyed a banner performance, as did other names like Baidu (NASDAQ:BIDU) — the Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) of China — and Tencent (OTCMKTS:TCEHY), which owns a stake in JD.com.
- Investopedia•yesterday
Why Alibaba, Tencent, Baidu Can Rise 20%
China’s BATs—Baidu Inc. ( BIDU), Alibaba Group Holding Ltd. ( BABA), and Tencent Holdings Ltd. (TCEHY)—are set to fly 15-20% higher after giant pullbacks this year. After climbing 63%, 96%, and 345%, respectively, over the past five years, analyst Ray Wang at Constellation Research thinks the declines of these tech giants will be short lived and that this represents a unique buying opportunity as investors look for safe places to put their money. Baidu, Alibaba, and Tencent are virtually protected from foreign competition within China due to China’s great Internet firewall, which restricts access to behemoth internet players like Google, Facebook and YouTube.
- Benzinga•2 days ago
3 Bearish Stocks To Trade Over The Next Few Days
The following four stocks are currently in the midst of uptrends according to VantagePoint , an AI charting platform that uses intermarket analysis and artificial intelligence to predict future price ...
Market Realist•2 days agoTencent’s Valuation: The Impact of the Gaming Industry
Tencent Holdings Stock: What Could Keep Driving It? The good news for Tencent is that the domestic gaming revenue in China (FXI) has been projected at $42 billion by 2022, according to gamesindustry.biz. China contributes 25% of the global gaming industry revenue, followed by the United States.
- InvestorPlace•2 days ago
3 Major Reasons IQ Stock Is Tanking
Chinese video streamer iQiyi (NASDAQ:IQ) has been a roller coaster since it was spun-off from Baidu (NASDAQ:BIDU) in late march. At first, IQ stock staged a powerful rally, going from $18 to $46 (as of mid-June).7 Internet Stocks to Buy on a 2018 Pullback
- Market Realist•2 days ago
Tencent Holdings’ Results for Q2 2018
Tencent Holdings (TCEHY) declared its earnings results for the second quarter of 2018 on August 15. Its revenue grew 30% YoY (year-over-year) to 73.7 billion yuan in the second quarter of 2018.
- InvestorPlace•2 days ago
Chinese Stocks Are Fading, and the Chinese Government Is to Blame
For several years, Chinese stocks symbolized the thinking person’s investment category. For instance, because of China’s massive population, Chinese is the most spoken language in the world. As I mentioned back in June, China’s population won’t peak until approximately 2030.
InvestorPlace•2 days ago5 Top Stock Trades for Thursday — Buy Alibaba Into Support?
Chinese stocks remain under pressure and a big cannabis deal took place. It’s been tough sledding for Alibaba (NYSE:BABA) and quite frankly, the rest of the U.S.-traded Chinese stocks. Trading at less than 28 times earnings, with nearly 60% revenue growth this year and +20% earnings growth, Alibaba is one of the strongest Chinese tech stocks around.
- InvestorPlace•2 days ago
Tencent Earnings Underscore the Current Problem With Chinese Tech Stocks
Often dubbed the Facebook (NASDAQ:FB) of China, Tencent (OTCMKTS:TCEHY) just reported quarterly earnings that were eerily reminiscent of Facebook’s ugly second-quarter report. As was the case at Facebook, Tencent reported slowing revenue growth alongside margin compression, the combination of which led to Tencent’s first profit drop in ten years. Overall, the quarter wasn’t good, and TCEHY stock dropped big in response.
InvestorPlace•2 days ago7 Internet Stocks to Buy on a 2018 Pullback
Will we get a summer pullback? Will it come in the fall? Possibly the fourth quarter? The bottom line is simple: We have no idea when a pullback will materialize. But we do know one thing. When it comes, we should have a list of internet stocks ready to buy.
Market Realist•2 days agoWhich Are the Most Crowded Trades According to Fund Managers?
In the previous article, we learned that fund managers have turned more positive on equities in the United States.
InvestorPlace•3 days agoHow to Trade JD.com Ahead of And After Its Earnings
Will its Q2 results help propel JD stock higher? Going into Thursday, analysts expect JD to report earnings of 10 cents per share, flat compared with a year ago. On the sales front, though, JD is expected to generate significant growth.
- ETF Trends•3 days ago
China Internet ETF Celebrates Five-Year Track Record
The KraneShares CSI China Internet ETF (KWEB) , one of the first exchange traded funds to focus on Internet stocks in an emerging market, now has a five-year performance record for investors to consider. The $1.18 billion KWEB debuted on July 31, 2013. KWEB tracks the CSI Overseas China Internet Index and was home to 43 stocks at the end of the second quarter.
Reuters•3 days agoFormer Baidu executive Lu to helm Y Combinator's new China unit
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu. "China has been an important missing piece of our puzzle -the entrepreneurial energy and talent there is an amazing force. Qi will be able to take what makes YC work and adapt it for China," Sam Altman, president of YC Group said in a blog post.
- CNBC•3 days ago
China's markets have stumbled, but its top tech stocks could rise 20% this year, analyst says
There's still a lot of upside for Chinese tech giants Baidu, Alibaba and Tencent — known as the BAT stocks — because investors see them as a safe bet, a research analyst told CNBC on Wednesday.
- CNBC•3 days ago
Y Combinator to set up China arm with former Baidu executive Qi Lu as chief
Qi Lu, Baidu's former chief operating officer, will serve as YC China's chief executive. Lu will also head up Y Combinator's research team, President Sam Altman said. Lu quit Baidu in May for "personal and family reasons.
Reuters•3 days agoFormer Baidu executive Lu to helm Y Combinator's new China unit
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu. "China has been an important missing piece of our puzzle -the entrepreneurial energy and talent there is an amazing force. Qi will be able to take what makes YC work and adapt it for China," Sam Altman, president of YC Group said in a blog post.
- The Wall Street Journal•3 days ago
[$$] Y Combinator Launching China Program, With Baidu's Qi Lu as Head
Y Combinator has hired former Baidu Inc. and Microsoft Corp. executive Qi Lu to lead a new China unit.
