264.06 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||263.71 x 800|
|Ask||264.78 x 1300|
|Day's range||259.42 - 264.78|
|52-week range||175.10 - 284.22|
|PE ratio (TTM)||25.43|
|Earnings date||25 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||289.80|
Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. all closed down Tuesday amid growing trade tensions between the U.S. and China.
Stocks that moved substantially or traded heavily Tuesday: Caterpillar Inc., down $5.38 to $143.30 Industrial companies fell after President Donald Trump proposed more tariffs on Chinese imports and China ...
HONG KONG/SHANGHAI (Reuters/IFR) - Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said. The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.
Many of China’s top business leaders hold degrees from U.S. universities, including Robin Li, the chairman of search engine Baidu who graduated from SUNY-Buffalo, and Jane Sun, the CEO of online travel leader Ctrip who holds a degree from the University of Florida. “What I have seen is a misunderstanding of what is actually happening.
IQiyi short conviction ‘has remained steadfast,’ according to an analystReutersiQiyi split from Baidu in a March IPO. The recent rallies in shares of both Dropbox Inc. and iQiyi Inc. remain somewhat of a mystery, but investors can rule out a short squeeze. Short interest in Dropbox (DBX) hasn’t changed much lately, according to Ihor Dusaniwsky, the managing director of predictive analytics at S3 Partners, “so [Friday’s] price move was definitely not short-squeeze related.” Even if a short squeeze were to occur, he argued, it would have “a minimal impact” on the price of Dropbox shares since the stock isn’t shorted much to begin with.
Baidu (BIDU) enters into a partnership with China Mobile to use AI technologies for the development of telecommunication industry.
Baidu (BIDU) and NXP Semiconductors (NXPI) have partnered in the area of cloud and IoT (Internet of Things) security in China. The strategic partnership would see the companies collaborate in building safe and smart IoT applications.
Shares of Chinese streaming company iQiyi Inc. are up 14% in Thursday trading, putting the stock on pace for the best single-day percentage gain in its history. Shares have posted five double-digit percentage gains since the beginning of May. IQiyi, which was split from Baidu Corp. in March, made a number of announcements Thursday, including that it was adding Jane Sun, the Chief Executive Officer of Ctrip.com International Ltd. , as an independent director of its board.
Qualcomm, the largest maker of chips in mobile phones, last year launched chips that use technology from Softbank Group Corp's (9984.T) ARM Holdings to power the workhorse computer servers behind cloud-based services such as social networks. Qualcomm's push to enter the data centre market puts it in direct competition with Intel Corp (INTC.O), which dominates data centres and now draws half of its revenue from servers and other "data centric" chips.
Global fund managers poured money into U.S. equities, overweighting American stocks in June for the first time in 15 months, on a robust profit outlook.
Baidu’s (BIDU) long-promised self-driving bus could hit public roads in China as soon as next month. Baidu’s fully self-driving bus is expected to enter commercial production in July, according to the Chinese media. The company is looking to initially produce 100 self-driving shuttle buses based on its open-source autonomous driving platform known as Apollo.
Asset managers began fundraising for six Chinese "unicorn" funds on Monday, offering retail investors a new investment channel but potentially straining tight market liquidity. The 300 billion yuan ($47 billion) they seek to raise in the coming week stands to top all the equity funds raised in China last year, and the money will be used to fund mainland listings of homegrown tech firms such as smartphone maker Xiaomi and e-commerce giant Alibaba Group Holding. The launch of the six mutual funds - the biggest such move orchestrated by the Chinese government since rescue funds were set up during the 2015 stock market crash - could sap market liquidity in the short term and lead to more volatility.
Akamai (AKAM) is expected to benefit from solid cloud security solutions growth driven by solid demand for Kona Site Defender and Prolexic Solutions.
* Shares go limit-up in first moments of trade * FII becomes biggest China-listed tech co * Listing may help parent reduce risk - analyst (Recasts with milestone, adds quote, context) By John Ruwitch and ...
Two of China's biggest household brands Alibaba Group and SAIC Motor have risen up the charts on the Forbes Global 2000 list of the world's largest companies. China is big--at everything. Its tech companies like HNA Technology are getting bigger. China has some of the biggest airlines in the world.
The cup-with-handle chart pattern is to serious investors what the single is to a baseball fan. It's the starting point for scoring runs.
Alphabet’s (GOOGL) key division, Google, was recently penalized over a search bias in India (INDA). In February, the Competition Commission of India (or CCI) passed an order against the company and fined it $20 million for misusing its leading position in the online web search space. The order, which was reviewed by Reuters, stated that Google had been restricting publishers from making agreements with its rivals in India, thus ending competition in the search services market.