American investors opened their wallets for Beijing-based Internet search engine Baidu.com Inc. and drove the stock up from its initial sale price of $27 to $122.54 at the close of trading, for a 354% gain. The rousing reception reportedly …
A recent investment round pegs Uber's market value at $40 billion. Uber, based in San Francisco, is now a private company -- its shares do not trade on the major stock markets. Baidu, based in Beijing and often called "the Google of …
Baidu’s stock price jumped yesterday too, after investment firm Kaufman Brothers upgraded shares from hold to buy and raised its price target to $690 on expectations for the Chinese company to pick up the market share in their home …
Google
The firm has raised its price target on Baidu’s stock from $210 to $219. Despite market concerns over the stability of China’s economy, Baidu is continuing full steam ahead on its push to dominate the Chinese Internet world. After a …
There is even a rising measure of expectation that stock market gains could accelerate as the year ... They include stocks like Alibaba Group Holdings …
Chinese economy
BEIJING -- Smarting from its first profit decline since stock listing, Chinese search engine giant Baidu is making a hard break toward artificial intelligence by tapping a ringer from Microsoft to spearhead the reform. Lu Qi, chief operating …
Baidu
Market Impact Quite expectedly, Baidu’s beat cheered investors as the stock traded in the green after hours. Also, Baidu has a Zacks Rank #3 (Hold) at the time of writing and is in the top 35% of the Zacks Industry Universe. The stock is a …
Baidu’s stock, which is listed on Nasdaq, closed up 0.3% at $176.96 on Tuesday after the new president announcement. Its shares are up 6.5% over the past year. A key challenge for Baidu will be moving beyond several controversies last …
Baidu
Growth at Baidu (NASDAQ: BIDU) has hit a wall, but year-over-year comparisons should start to get better later this year. China's leading search engine reported quarterly results after Thursday's market close, and -- as most Baidu watchers …
China's Ministry of Culture will punish Baidu Inc for providing illegal music downloads, a move that poses near-term risk to the firm's soaring stock price. Xinhua, China's official news agency, reported on Monday that the government will punish …
Billboard