One downside of Baidu’s aggressive investment into its O2O business is reduced margin expectations for 2016 by some analysts. That said, many still see the stock as a good buy; it was over 50 percent cheaper than Google at the end of …
Now to the report itself. Baidu reported earnings per share of 46 cents, handily topping analyst estimates of 41 cents. In addition, the company beat with revenues of $337.2 versus $333.26 expected. When a high-growth stock like Baidu …
Billionaire financier George Soros' fund sold the majority of its stake in Chinese Internet giants Alibaba Group Holding Ltd. and Baidu Inc. in the second quarter ... the company its second-largest U.S. stock holding, Bloomberg reported.
New Delhi: Leading Chinese language Internet search provider Baidu Inc.’s shares fell 8% on Monday as its second-quarter earnings missed expectation even as renewed turmoil hit China’s domestic stock markets. Selling pressure was …
SHANGHAI, April 29 (Reuters) - China’s top search engine Baidu Inc (BIDU.O) said on Thursday it would change the ratio of ordinary shares to each of its American Depositary Shares, effectively declaring a 10-for-1 ADS split. Under the new …
The CEO of Baidu, one of China's largest and most powerful Internet companies, says 99% of China's online population uses its search engine ... 5:17: Battelle: Baidu has a $40 billion market cap, and the stock price has doubled in January.
Despite beating 2012 earnings expectations yesterday, shares for Tencent, China’s biggest tech company, fell in Hong Kong trading today, after analysts downgraded the stock. The reason ... to a lesser extent, Baidu, are good at tailoring …
News is breaking as we speak that Baidu's stock shares have skyrocketed in reaction to the rumors. Observers are immediately pointing out that the hurdles to Facebook actually becoming a reality on the mainland remain substantial. …
“The significant traffic will likely reinforce Baidu’s position as a leading starting page on mobile, in addition to its leading search and map apps.” NetDragon said in a stock exchange filing on Tuesday that a separate plan announced in …
On the charts, SNDK has grown more than 30% over the past year. On top of that, the stock reached a new seven-year high of $63.97 on July 22, before slumping to its current level at $55.40. Elsewhere, the brokerage bunch is optimistic …