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Baidu ( NASDAQ: BIDU ) shares rose on Thursday as investment firm J.P. Morgan upgraded the Chinese tech giant, noting there is an expected "meaningful" advertising recovery in the second-half of the year. Analyst Alex Yao raised his rating on Baidu ( BIDU ) shares to ove...
Summary On a relative basis versus the S&P 500, the NYSE’s FANG+ index has been trending lower since last November around the time of the peak of the growth/Tech trade. One important factor to note about the FANG+ Index is the membership of two Chinese mega-cap stocks: ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street has been keeping a close eye on quantum computing stocks at the center of technology that will help solve computationally complex problems that rely on big data. Quantum technology, in a nutshell, can make advan...
Summary On August 30, Baidu presented Q2 2022 results and beat analyst consensus expectations on both topline and earnings. Q2 2022 revenues from Baidu AI Cloud grew by 31% year over year to RMB4.32 billion and now account for about 18% of Baidu Core. Intelligent driving conti...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips We’ll get a hodgepodge of corporate earnings this week as several household names announce their results for the April-through-June period. These include major technology firms and retailers. Taken together, the earn...
Stocks in the U.S were trading lower as the Federal Reserve and other global central bankers continued to signal a rise in interest rates. The S&P 500 fell 1%, below the 4,000 level, while the Nasdaq Composite lost 1.2%. Meanwhile, the Dow Jones Industrial Average slid 255 points, o...
Baidu, Inc. (BIDU) Q2 2022 Results Conference Call August 30, 2022 08:00 AM ET Company Participants Juan Lin - Head of Investor Relations Robin Li - Co-Founder and Chief Executive Officer Rong Luo - Chief Financial Officer Dou Shen - EVP, AI Cloud Group Z...
Image source: The Motley Fool. Baidu (NASDAQ: BIDU) Q2 2022 Earnings Call Aug 30, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: Baidu (BIDU) Q2 2022 Earnings Call Transcript
Chinese tech stocks fell on Tuesday, reversing earlier gains, even as tech conglomerate Baidu ( NASDAQ: BIDU ) reported second-quarter results that topped expectations. Baidu ( BIDU ) shares fell more than 6% to $137.93, reversing a 3% gain from earlier in the sessio...
Baidu ( NASDAQ: BIDU ) shares jumped on Tuesday after the company reported second-quarter results that topped expectations, sending shares of other Chinese tech companies higher. For the period ending June 30, Baidu ( BIDU ) said it earned the equivalent of $2.36 per sha...
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Baidu to Report Second Quarter 2024 Financial Results on Aug 22, 2024 PR Newswire BEIJING , July 17, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with stron...
2024-07-15 16:35:00 ET Shares of Chinese tech stocks Alibaba (NYSE: BABA) , Baidu (NASDAQ: BIDU) , and JD.com (NASDAQ: JD) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session. The downdraft in China-oriented consumer tech names appe...