BIDU May 2024 89.000 put
| Previous close | 0.1100 |
| Open | 0.1100 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 89.00 |
| Expiry date | 2024-05-31 |
| Day's range | 0.1100 - 0.1100 |
| Contract range | N/A |
| Volume | |
| Open interest | 31 |
- Yahoo Finance Video
Chinese stocks: How Baidu and JD.com react to Q1 earnings
Shares of Baidu (BIDU) are falling slightly after the company posted its first-quarter earnings, revealing revenue of $4.37 billion beating consensus estimates of $4.32 billion (Chinese yuan converted to US dollar). In addition, Baidu's online marketing revenue grew 3% year-over-year to $2.36 billion. JD.com (JD) stock has been trending up over the past month, with the company beating estimates for its first quarter with revenue of $36.02 billion, a 7% growth year-over-year, versus an expected $35.62 billion (Chinese yuan converted to US dollar). Additionally, the company's net service revenues grew 8.8% year-over-year to $7.14 billion. Catalysts Anchors Madison Mills and Seana Smith break down the latest developments with these two Chinese companies and how they may operate moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Investing.com
Baidu: MS downgrades to ‘equal-weight’ on weak ads, sluggish AI monetization
Investing.com-- Baidu Inc (HK:9888) (NASDAQ:BIDU) was downgraded by Morgan Stanley on Friday, with the brokerage citing a weak outlook for the Chinese internet firm’s advertising revenues, while monetization of its artificial intelligence forays is also expected to take time.
- Investing.com
Asian stocks dip as rate cut rally cools, China data underwhelms
Investing.com-- Most Asian stocks fell on Friday as warnings from a slew of Federal Reserve officials saw investors reassess expectations of interest rate cuts, while mixed economic readings from China prompted increased caution.
