233.24 0.00 (0.00%)
After hours: 5:04PM EST
|Bid||233.01 x 100|
|Ask||233.74 x 600|
|Day's Range||231.85 - 237.17|
|52 Week Range||162.02 - 274.97|
|PE Ratio (TTM)||30.61|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
AMD (AMD) on Wednesday announced the search and artificial intelligence behemoth will use its Epyc processors, though the news only managed to produce a small bump in the semiconductor company’s stock price. AMD shares closed Wednesday at $10.11, a gain of 21 cents or 2 percent. Baidu (BIDU) executives expect to expand the use of AMD Epyc processors in their data centers throughout the globe beginning in the first quarter, according to the announcement.
In its drive to expand access to its AMD-powered AI, big data, and cloud computing (ABC) services, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced today the availability of EPYC single socket platforms on Baidu's (NASDAQ:BIDU) 'ABC' datacenters. Utilizing the compute performance and advanced feature-set of the AMD EPYC™ processor in a single-socket platform allows Baidu to efficiently optimize and deliver massive storage and compute services to its customers. Baidu expects to further expand its use of AMD EPYC processors across its global datacenters beginning in the first quarter of 2018. “By offering outstanding performance in single-processor systems, the AMD EPYC platform provides flexibility and high-performance in our datacenter, which allows Baiduto deliver more efficient services to our customers,” said Liu Chao, senior director, Baidu System Technologies Department.
Baidu Inc (ADR) (NYSE:BIDU) stock joined the Chinese internet stock party after reporting blowout second quarter numbers in July. BIDU stock rallied 30% from that earnings report into the company’s next earnings report. Since then, BIDU stock is down more than 10%.
With the strong quarterly results and outlook, bulls should wonder why JD stock is not rallying. Baidu, Inc. (NASDAQ:BIDU), which trades at a 33 price-earnings ratio, and Alibaba Group Holding Limited (NYSE:BABA), with trades at a 50 P/E ratio, are two other examples of richly-valued Chinese firms. JD.com depends on high-end apparel sales for its revenue growth and it may face headwinds as competition in China heats up.
China search leader Baidu is teaming with wireless chipmaker Qualcomm to put artificial intelligence software in future smartphones.
Dec 7 (Reuters) - Chinasoft International Ltd: * co signed artificial intelligence strategic cooperation agreement with Beijing Baidu Network Technology Co Ltd Source text for Eikon: Further company ...
As long as the macroeconomic thesis remains as it is now, investors will buy the dips including BIDU stock. Technically, I recognize that BIDU stock may have just started a measured move lower that could eventually target $210-per-share. In addition to the technical vulnerability, Baidu stock may have come too far too fast.
Ford Motor plans to launch 50 news cars in China by 2015, including at least 15 electrified vehicles.
Current consensus on Wall Street is that the trade in mega-tech stocks over. While I believe that a rest for the mega-cap tech stocks sounds logical, I don’t believe that chasing losers is the right formula for success over the next few months. Amazon.com, Inc. (NASDAQ:AMZN) is one of those high-flyers who is resting.
Since the latest earnings report (which came out in late October), Baidu Inc (ADR)(NASDAQ:BIDU) stock has been listless. BIDU stock already had staged a nice run for the year, up about 43%. Baidu is the No. 2 player in the world and of course, is the dominant player in China, with a 75% marketshare.
Undoubtedly, one of the biggest stock market trends of 2017 are Chinese stocks. Although Alibaba Group Holding Ltd (NYSE:BABA) understandably gets the most love thanks to its brand name power and its nearly 100% haul this year, investors shouldn’t ignore JD.Com Inc (ADR) (NASDAQ:JD). As many of you already know, JD.com is China’s number two e-commerce retailer.
Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd will receive a sizable injection from a group of investors led by Baidu Capital, a unit of Chinese internet search firm Baidu Inc, WM Motor's founder and chief executive told Reuters. Freeman Shen, who left Chinese automaker Zhejiang Geely Holding Group Co Ltd to establish WM Motor, said the investors also include Baidu Inc, Chinese venture capitalist Amiba Capital and U.S. trading firm Susquehanna International Group LLP (SIG).
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Baidu, Inc. Here are 5 ETFs with the largest exposure to BIDU-US. Comparing the performance and risk of Baidu, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Remember, Amazon.com, Inc (NASDAQ:AMZN) was killing brick-and-mortar retailers and getting into the grocery business. Kulicke and Soffa Industries Inc (NASDAQ:KLIC) basically supplies equipment, goods and services to the semiconductor industry.
Two of China's biggest tech companies just teamed up to explore new opportunities in the Internet of Things and artificial intelligence.
Tencent and Alibaba are among the firms that assist authorities in hunting down criminal suspects, silencing dissent and creating surveillance cities. Their efforts are part a state campaign to build one ...
Baidu recently participated in a financing round that helped raise additional capital for China-based ride-hailing provider Shouqi Limousine & Chauffeur.