|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||259.96 - 265.21|
|52 Week Range||193.02 - 284.22|
|PE Ratio (TTM)||25.74|
|Earnings Date||Jul 31, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||306.25|
Investors are worried about the fallout from a deepening slide in China’s currency. Foreign exchange markets are rapidly pricing in further trouble for Chinese currency — and Chinese stocks — as President Trump steps up his trade rhetoric. Already, $50 billion in tariffs against Chinese imports are coming in.
Chinese internet search giant Baidu Inc. ( BIDU), often referred to as China’s Google, has announced the launch of a proprietary blockchain-based crypto token linked to Totem, its photo validating and sharing service, according to CoinDesk. Totem becomes the first blockchain application to be launched on Baidu's private XuperChain network. The Totel platform, and the associated, dedicated token called Totem Point, is now live.
Much like the protection Baidu (NASDAQ:BIDU) enjoys from Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) or that Alibaba (NYSE:BABA) or JD.Com (NASDAQ:JD) have from the Amazon (NASDAQ:AMZN) threat, IQ stock benefits from not having to compete against Netflix (NASDAQ:NFLX). While I do not think a trade war poses a problem for IQ stock, the financials of this company should give investors pause. Investors can easily understand the appeal of IQ.
Perhaps the hottest buzz word in the stock market right now is “AI”, or artificial intelligence. Because of this, everyone wants to own as many artificial intelligence stocks as possible. Here’s a list of four of my favorite artificial intelligence stocks which all investors should have on their radar.
BEIJING , July 19, 2018 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will report its financial results for the second quarter ...
In the previous part of this series, we saw that fund managers have turned more positive on equities in the United States. According to a BAML (Bank of America Merrill Lynch) survey in July, FAANG plus BAT was identified as the most crowded trade for the sixth consecutive month, cited by 53% of respondents. BAML also said that this was the most crowded trade since the long US dollar in 2015.
Tech stocks like Amazon and Netflix are overvalued, and we’re in the 1999 phase of the 2000 Dotcom bubble, said value investor Portfolio Wealth Advisors president and CIO Lee Munson.
China's iQiyi Inc, often likened to U.S. streaming giant Netflix, has snapped up domestic game maker Skymoons in a deal that could be worth nearly 2 billion yuan ($298.59 million) as it looks to broaden its offerings following a U.S. listing. The online video platform, majority-owned by internet search firm Baidu, said in a statement late on Tuesday the deal involved a fixed payment of 1.27 billion yuan and an additional fee of 730 million yuan if Skymoons hits certain benchmarks over the next two years. The deal would give iQiyi access to a broader range of characters and stories amid a fierce battle for content to lure in paying viewers with deep-pocketed rivals such as Tencent Holdings Ltd and Alibaba Group Holding Ltd.
Ryan McQueeney speaks to Reality Shares founder Eric Ervin about China's budding blockchain industry and a unique fund which gives American investors direct exposure to the market.
Last week, Tencent (OTCMKTS:TCEHY) announced that it plans to sell shares in its Tencent Music Entertainment (TME) segment in the form of a U.S. IPO. Clearly the company has seen some of the success that others have found in the U.S. lately. The most relatable is Baidu (NASDAQ:BIDU), which used a U.S. IPO for its iQiyi (NASDAQ:IQ) segment.
BATX is an acronym for the four most popular Chinese technology stocks: Baidu, Alibaba, Tencent and Xiaomi. The term came into existence much like that of the FAANG stocks acronym, top U.S. technology stocks namely Facebook, Apple, Amazon, Netflix and Alphabet’s Google.
Hong Kong's exchange described as "temporary" a dispute with its Shanghai and Shenzhen counterparts over plans to bar investor access to dual-class shares, a move that led to smartphone maker Xiaomi Corp tumbling as much as 10 percent on Monday. The Shanghai and Shenzhen exchanges caught investors and exchange officials off guard at the weekend when they said they would not allow mainland investors to buy shares in Hong Kong-listed foreign firms, companies with different voting right structures or so-called "stapled" securities. China's Xiaomi, which made a weak debut last week, was the first company to list in Hong Kong with weighted voting rights (WVR) in a $4.7 billion deal following a historic rule change in the city to allow dual-class share structures.
Benzinga featured looks at many investor favorite stocks over the past week. Bullish calls included a number of leading tech stocks. Bearish calls included retailers and a newly minted merger. The new ...
China's internet search leader is getting a lot of love ahead of its second-quarter earnings report.
Baidu, Inc. (BIDU) applauds the decision today by the Beijing Haidian District People's Court (or “the Court”) to accept Baidu’s enforcement application, requiring Sogou to comply with the outcome and compensation terms of the Court’s judgment in favor of Baidu in the long-standing traffic hijacking dispute. Baidu submitted the enforcement application in response to Sogou’s failure to meet its compensation obligations as outlined in the final judgment of the case in May 2018. Baidu commenced the case against Sogou in 2014 after some users discovered that when using the Sogou input method to search for text in the Baidu search box, they would see prompts in a drop-down box, that if clicked upon, would automatically direct them to the relevant search results page of Sogou.
iQiyi and Alphabet have huge ambitions in the streaming space, and this crucial technology will help them realize their goals.
Analog Devices (ADI) enters into a partnership with Baidu to develop innovative technologies for addressing the needs of autonomous driving.
JD.com Inc's finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a valuation of nearly $20 billion. The fundraising underscores investor enthusiasm for big, privately-held Chinese technology companies even as public valuations falter.
The top stories for Intel (INTC) stock are related to recent analyst downgrades, updates on its CEO search, a strengthening relationship with Baidu (BIDU) and the possibility of an iPhone loss.
These highfliers have provided significant returns to investors in recent months. Is there more gas in the tank, or will they stall out?
The past month has not been good to Alibaba Group Holding ( BABA), as the company’s ADR shares fell more than 10% before making a slight rebound. Sanderson argues that the recent selloff coincides with the weakening of the Chinese yuan, a somewhat regular occurrence that suggests only a slight correction in Alibaba’s stock price based on past performance. Sanderson noted that in every currency-volatility event prior to the most recent episode, Alibaba shares managed to post a “much greater recovery” than the gains lost during the initial selloff.
JD.com Inc's finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected initial public offering, people with direct knowledge of the matter said. The fundraising underscores investor enthusiasm for big, privately-held Chinese technology companies even as public valuations falter. This week, smartphone maker Xiaomi completed the world's largest tech IPO in almost four years, but saw its shares fall on debut in Hong Kong even after pricing its deal at the low end of its offered range.
President Trump is readying tariffs on an additional $200 billion worth of Chinese goods. Yahoo Finance’s Seana Smith, Andy Serwer and Dan Roberts discuss.