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Alibaba (NYSE:BABA) shares climbed more than 13%, Thursday, after the Chinese Internet giant reported better-than-expected quarterly results as business got a lift from Covid-related lockdowns in China. Prior to U.S. stock markets opening, Alibaba (BABA) reported a first-quarter profit e...
The KWEB ETF has been battered significantly as investors left Chinese Internet stocks in a hurry since 2021. However, we could be in the late stage of the current malaise. Our price action analysis suggests that the worst in Chinese Internet stocks seems to have been priced in. KWEB'...
DiDi Global (NYSE:DIDI) shares climbed almost 4% in pre-market trading, Thursday, as the Chinese ride-sharing leader gained more ground following its plans to de-list from the New York Stock Exchange. Earlier this week, DiDi (DIDI) got a boost after the company informed the U.S. Securities an...
Baidu (NASDAQ:BIDU) shares jumped on Thursday after the Chinese tech giant posted first-quarter results that topped expectations, thanks to strength in its core business, particularly non-online marketing and cloud services. For the period ending March 31, Baidu (BIDU) said it earned an adjus...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. An emboldened Fed The Federal Reserve minutes of the May meeting gave investors a pretty clear roadmap for the summer. The minutes, out Wednesday afternoon...
Stock Market Futures Moving Sideways Ahead Of First-Quarter GDP Revision U.S. stock futures are largely unchanged in early morning trading on Thursday. In the larger scheme of things, stocks continue to experience choppiness amidst growing investor concerns. The likes of which w...
Baidu press release (NASDAQ:BIDU): Q1 Non-GAAP EPADS of $1.77 beats by $0.94. Revenue of $4.48B (+1% Y/Y) beats by $320M. Adjusted EBITDA was $867M and adjusted EBITDA margin was 19%. Adjusted EBITDA for Baidu Core was $805M and adjusted EBITDA margin for Baidu Core was 24%. Free ...
Baidu Announces First Quarter 2022 Results PR Newswire BEIJING , May 26, 2022 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited finan...
Baidu (NASDAQ:BIDU) is scheduled to announce Q1 earnings results on Thursday, May 26th, before market open. Baidu topped revenue and earnings expectations with its Q4 report. Revenues grew 9.3% on the strength of a boost in its core business. Profits topped expectations thanks to a heavy drop...
AAPL is down 24.4% from its ATH achieved earlier this year, a significant drop for a stock often touted as a “no-brainer” investment. Ironically, BIDU stock has outperformed AAPL year-to-date, even as Chinese ADRs are supposedly finding it tough to regain investor favor ...
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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...