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Summary Qualcomm noted that its automotive design win pipeline rose by over $11 billion in about four months to reach $30 billion. This strong acceleration of design wins and high confidence in reaching over $4 billion in revenues by FY26 demonstrate the importance of the auto seg...
Summary We analyzed the impact to Nvidia following the confirmation by the company of the U.S. government’s restrictions on data center product sales to China. We examined revenue breakdown by geographic segment which represented 26.4% of revenues from China, but Nvidia onl...
Summary Ariel Investments’ 13F portfolio value decreased from $11.27B to $10.02B this quarter. They increased Gentex, Resideo Technologies, and Boyd Gaming while reducing Adtalem Global Education, J. M. Smucker, Aflac, and Trip.com. The top three positions are Baidu, Ph...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The three Chinese tech stocks profiled in this column are well-positioned to rebound during the rest of the year. In recent months, U.S. investors have been hesitant to include Chinese shares in their portfolios...
Baidu ( NASDAQ: BIDU ) shares dipped 2% in pre-market trading, Friday, despite getting positive new sentiment from analyst Wei Xiong at UBS. Xiong initiated his coverage of Baidu ( BIDU ) with a buy rating, saying that the company's long-term potential is "undervalued"...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips When my son was younger, he was obsessed with rockets. In fact, we have a seven-foot rocket still in my Florida garage. What I learned during his rocket phase was that if you make a rocket bigger, especially a liquid-fueled...
Baidu 's (NASDAQ: BIDU) stock price declined by nearly 7% on Tuesday following the release of its second-quarter earnings report. The Chinese tech giant's revenue fell by 5% year over year to 29.65 billion yuan, or $4.43 billion, but still exceeded analysts' expectations by $230 mil...
Summary Bridgewater Associates’ 13F portfolio value decreased from ~$24.81B to ~$23.60B this quarter. They increased Walmart and CVS Health while dropping Alibaba and JD.com. The top three individual stock positions are Procter & Gamble, Johnson & Johnson, and C...
Summary NIO's stock has been going in reverse lately, and shares are down by approximately 70% from their all-time high last year. However, NIO's primary problem may be that it is a Chinese company with delisting concerns. NIO is remarkably cheap when evaluated against its Ame...
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...
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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...