|Bid||236.520 x 100|
|Ask||236.700 x 200|
|Day's Range||235.820 - 239.900|
|52 Week Range||159.540 - 242.700|
|PE Ratio (TTM)||44.28|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chinese internet regulators said they have hit operators of three of the country’s biggest social-media platforms with the maximum fine allowable under a new cybersecurity law for hosting fake news, pornography ...
By almost all accounts, shares of Weibo Corp (ADR) (NASDAQ:WB) should be tumbling. It’s essentially the Twitter Inc (NYSE:TWTR) of China, and knowing all too well how poorly the United States’ actual Twitter has performed, it’s difficult to imagine the Chinese clone faring any better. Baidu Inc (ADR) (NASDAQ:BIDU), or China’s Google, is a close second.
Chinese technology giant Baidu is putting $1.5 billion into a new investment fund devoted exclusively to self-driving car startups. The company, which runs a self-driving car R&D lab in Sunnyvale, says the Apollo Fund will invest in 100 such startups over the next three years. Self-driving cars remain one of the most competitive areas of innovation in Silicon Valley, with engineers routinely earning huge payouts , and their startups easily raising money at huge valuations.