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Baidu, Inc. stock price

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  • 02/19/2018 15:48:25

    Should You Buy Baidu Inc. After its Post-Earnings Pop?

    Does the “Google of China” still have room to run?

  • 02/15/2018 08:32:41

    Emerging-market ETFs on track for biggest weekly gain since 2016

    Exchange-traded funds that track emerging-market equities rallied on Thursday, extending their recent gains and putting them on track for their best weekly performance in more than a year. The iShares MSCI Emerging Markets ETF rose 1.6% on Thursday, putting it on track for its fifth straight daily gain and bringing its weekly advance to 6.5%. That represents its biggest one-week percentage rise since March 2016. Separately, the Vanguard FTSE Emerging Markets ETF rose 1.5% on Thursday, also set to extend its daily streak of gains to five. The fund is up 5.9% thus far this week, which is set to be its biggest one-week percentage gain since a week ending July 2016. If the ETF ends higher on the week, that will mark its ninth weekly advance of the past 11 weeks. The funds were supported by large-capitalization technology companies, many of which represent some of the largest components of the emerging-market ETFs. Baidu Inc. rallied 3.9%, bringing its week-to-date advance to 13.7%, while Sina Corp. was up 2.5%. It is up 15.5% on the week. Also on Thursday, the Dow Jones Industrial Average rose 0.6% while the S&P 500 was up 0.5% and the Nasdaq Composite Index was up 0.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/13/2018 14:44:46

    Baidu shares rise after earnings beat

    Baidu Inc. U.S. shares rose in the extended session Tuesday after the Chinese internet company topped Wall Street estimates for the quarter. Baidu's U.S. shares rose 4.2% to $235 after hours. The company reported fourth-quarter net income of $639 million, or $1.90 per U.S. share, on revenue of $3.62 billion. Adjusted earnings were $2.29 per U.S share. Analysts surveyed by FactSet had estimated $2.16 a share on revenue of $3.66 billion. For the first quarter, Baidu estimates revenue of $3.05 billion to $3.22 billion under new revenue accounting standards. Under the old standard, the forecast would have been $3.24 billion to $3,42 billion. Analysts expect revenue of $3.4 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/23/2018 06:31:10

    Baidu stock drops after Jefferies downgrades to hold

    Shares of Baidu Inc. are down 0.9% in premarket trading after analysts at Jefferies cut their rating to hold from buy. The analysts, led by Karen Chan, are upbeat about Baidu's strong position in artificial intelligence but worry that investments in this area, as well as spending on channel marketing, could curb opportunities for margin expansion. She also warns that the company might start to face harder comparisons for its search business this year as well as stronger competitive pressures in key areas, such as e-commerce. "While we remain long-term positive on Baidu's leading AI position, we would await for a better entry point post the strong share rebound of 60% from its low in May 2016," Chan wrote. She lowered her price target on shares to $285 from $291. Baidu's stock is up 45% over the past 12 months, while the S&P 500 has gained 25% in that time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 13:00:14

    Chinese carmaker Chery to use Nvidia's self-driving technology

    Nvidia Corp(NVDA) said on Tuesday China's Chery Automobile Co would use its self-driving technology that it has developed with Baidu (BIDU) and ZF Friedrichshafen AG. Chery will be the first Chinese carmaker to adopt the new system, Nvidia (NVDA) said.

  • 01/08/2018 16:02:28

    BRIEF-Baidu USA, Access Services Announce Pilot Project For Autonomous Vehicle Services

    * BAIDU USA, ACCESS SERVICES ANNOUNCE PILOT PROJECT FOR SHORT ROUTE AUTONOMOUS VEHICLE SERVICES FOR ADA, SENIOR COMMUNITIES IN LOS ANGELES

  • 01/08/2018 15:54:37

    BRIEF-Baidu, Asia Mobility Industries Announce Strategic JV

    Baidu Inc(BIDU): * BAIDU(BIDU), ASIA MOBILITY INDUSTRIES ANNOUNCE STRATEGIC JV TO LAUNCH “APOLLO SOUTHEAST ASIA” AUTONOMOUS DRIVING PROGRAM AND INVESTMENT FUND. * SAYS $200 MILLION TECHNOLOGY FUND TO BE FOCUSED ON OPPORTUNITIES IN SOUTHEAST ASIA FOR AUTONOMOUS DRIVING & INTELLIGENT TRANSPORTATION Source text for Eikon: Further company coverage:

  • 01/07/2018 22:30:12

    Nvidia partners with Uber, Volkswagen in self-driving technology

    Nvidia Corp(NVDA) will partner with Uber Technologies Inc and Volkswagen AG as the graphics chipmaker's artificial intelligence platforms make further gains in the autonomous vehicle industry. The company, which already has partnerships in the industy with companies such as carmaker Tesla and China's Baidu (BIDU), makes computer graphics chips and has also been expanding into technology for self-driving cars.

  • 12/20/2017 11:21:14

    BRIEF-Baidu And Xiongan New Area Sign Strategic Agreement To Develop Smart City

    Baidu Inc(BIDU): * BAIDU AND XIONGAN NEW AREA SIGN STRATEGIC AGREEMENT TO DEVELOP SMART CITY. * BAIDU SAYS CO, GOVERNMENT OF HEBEI ALSO PLAN TO JOINTLY ESTABLISH NATIONAL AI LAB. * Baidu Inc(BIDU) - CO, ADMINISTRATIVE COMMITTEE OF XIONGAN NEW AREA IN CHINA'S HEBEI PROVINCE SIGNED DEAL TO DEVELOP NEW ECONOMIC ZONE INTO SMART CITY Source text for Eikon: Further company coverage:

  • 12/20/2017 10:06:42

    BRIEF-Baidu's Smartphone Screen Recording App Surpasses 35 Mln Users Worldwide

    Baidu Inc(BIDU): * SAYS ANNOUNCED THAT ITS SMARTPHONE SCREEN RECORDING APP DU RECORDER SURPASSED 35 MILLION USERS WORLDWIDE Source text for Eikon: Further company coverage:

  • 12/18/2017 09:23:37

    AMD stock jumps after Macquarie upgrade

    Shares of Advanced Micro Devices rose 4.7% in Monday morning trading after analysts at Macquarie Research upgraded the stock to neutral from underperform. While the analysts, led by Srini Pajjuri, see "headwinds" in the cryptocurrency market and predict only moderate share gains in both PCs and graphics processing units (GPUs), they're more upbeat about other aspects of the business, including the opportunity for growth in average selling prices [ASP] and a recent partnership with Intel Corp. . The firm predicts "further ASP tailwinds in GPUs driven by Apple iMac Pro win and the recent Intel partnership (for gaming notebooks)." The analysts also see potential for AMD's server business, thanks to "encouraging" arrangements with Microsoft Inc. , Baidu Inc. , and Hewlett Packard Enterprise Co. , though they caution that share gains will take time. They raised their price target on shares to $11, from $10. AMD shares have fallen 5.8% so far in 2017, compared with a 20% gain for the S&P 500 Index and a 40% rise for the Philadelphia Semiconductor Index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/05/2017 05:43:15

    Ford's China growth plan includes introduction of 50 new vehicles by 2025

    Ford Motor Co. said Tuesday it will introduce more than 50 new vehicles in China by 2025. The automaker's China growth plan includes the assembly of five more vehicles in China, starting in 2019, and an increase in engineering and research and development capabilities locally to support the growth plan. The new vehicles in China will include eight SUVs, at least 15 electrified vehicles from Ford and Lincoln and the Zotye-Ford JV will launch a new range of affordable all-electric vehicles. Ford said it will continue to work with China-based internet company Baidu Inc. to develop driverless cars. "China is not only the largest car market in the world, it's also at the heart of electric vehicle and SUV growth and the mobility movement," said Chairman Bill Ford. The stock, which tacked on 0.3% in premarket trade, has rallied 11% over the past three months, while the shares of rival General Motors Co. have climbed 16% and the Dow Jones Industrial Average has gained 12%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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