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Summary Alibaba stock is once again clouded by an extremely fearful outlook, with the stock trading again in the mid-70s. The last time Alibaba traded at similar levels (in mid-March), the stock aggressively rebounded by nearly 70% in the blink of one trading week. Reflecting ...
Shares of many Chinese stocks that trade on U.S. stock exchanges struggled this week after the sector faced a number of regulatory and economic developments. For the week, shares of the Chinese agtech company Pinduoduo (NASDAQ: PDD) had slumped nearly 13% as of market close Thur...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Billionaire Warren Buffett once said,“Be fearful when others are greedy, and greedy when others are fearful.” In short, his statement encourages investors to have a contrarian view of stocks. When other...
Summary Baidu is a diverse tech giant which is often referred to as the "Google of China" thanks to its search business. The company is poised to benefit from growth in the Cloud industry, as well as the cyclical rebound in advertising spend. Baidu's self-driving taxi business...
Summary Baidu is trading for only 1.3 times book value, which is not only below average, but rather an exception for a technology company. The company was struggling in the last few years, but has several segments with high growth potential in the years to come. And even when ...
Summary Baidu's AI cloud continues to grow its customer base and gain interest across different industry verticals as the company maintains its leadership position in AI cloud. Apollo Go, Baidu's self-driving business, continues to meet new milestones and it became the first in Ch...
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Summary Regulatory issues and iQIYI struggle are the main risks plaguing Baidu right now. Baidu maintains its leadership in the search engine market. The company is actively developing AI projects. Baidu's valuation looks cheap. Baidu is a buy if you are not afraid of ...
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...
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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...