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Blow For Nvidia? Baidu Reportedly Switches To Huawei For AI Chips, Ditching Its Long-time Supplier
Tuesday, November 7, 2023 - 5:00am | 628In a significant industry shift, Baidu Inc. (NASDAQ:BIDU) reportedly ordered AI chips from Huawei moving away from long-time supplier Nvidia Corporation (NASDAQ:NVDA), signaling changes in global tech alliances. What Happened: Baidu secured a deal with Huawei for the supply of artificial...
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Chinese Social Media Giants To Strip Anonymity From Accounts With More Than 500K Followers
Wednesday, November 1, 2023 - 1:05am | 631In a move that has sparked concerns about privacy and doxxing, China’s leading social media platforms have announced that “self-media” accounts with over 500,000 followers will be required to disclose real-name information. What Happened: Several top Chinese social media...
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ChatGPT Vs. Ernie Bot: Baidu Launches Upgraded AI Chatbot, Showcases Advanced Capabilities
Tuesday, October 17, 2023 - 4:20pm | 624Competing with OpenAI’s ChatGPT-4, Baidu (NASDAQ: BIDU) has launched the upgraded version of its Ernie bot with V4.0. Although, the model is not yet accessible to the public. At the Baidu World 2023 conference in Beijing, CEO Robin Li showcased the capabilities of Ernie Bot 4 which...
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Nvidia, Zoom, Moderna, Baidu, Tesla: Why These Five Stocks Are Drawing Investors' Attention Today
Monday, August 21, 2023 - 10:11pm | 642U.S. stocks showcased a mixed performance as trading ended, with the Nasdaq Composite marking an impressive gain of around 1.56% on Monday. The Dow, however, dipped slightly by 0.11% to 34,463.69. In contrast, the S&P 500 experienced a rise, gaining 0.69% to settle at 4,399.77. These are the...
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Walmart Earnings Awaited Tomorrow With Focus Turning Toward Online Sales
Wednesday, February 17, 2021 - 11:09am | 2132January isn’t usually a month where you see retail sales go through the roof, but these days investors are learning to expect the unexpected. A 5.3% climb in retail sales last month blew analysts’ 1% average estimate out of the water and offered evidence that maybe the latest stimulus...
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Benzinga's Bulls & Bears Of The Week: Boeing, Ford, Target, Tesla And More
Saturday, May 25, 2019 - 3:26pm | 832Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included aerospace and automotive giants. Bearish calls included retailers and an EV maker. The markets were a bit of a roller-coaster this past week as trade concerns continued to loom over the...
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Barron's Picks And Pans: Alphabet, Apple, CBS, Synchrony And More
Sunday, August 5, 2018 - 11:18am | 695The cover story in this weekend's Barron's offers tips for avoiding the biggest risks in global investing. Other featured articles include the outlook for the iPhone maker and why a media giant faces too much drama. Also, see the prospects for an oil supermajor and a top financial services...
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Benzinga's Bulls & Bears Of The Week: Apple, Bitcoin, Macy's, Verizon And More
Sunday, May 13, 2018 - 10:03am | 798Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a top telecom and a couple of China-based companies. Bearish calls included a department store operator and a satellite radio giant. After three weeks with little to no gain, despite...
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12 Questions For Alibaba's First-Ever Analyst Day
Friday, June 10, 2016 - 10:16am | 662China's Alibaba Group Holding Ltd (NYSE: BABA) will host its first-ever analyst day on June 14, and is expected to take questions, among others, over concerns around the health of the Chinese consumer, traction with O2O and monetization of Ant Financial. It remains to be seen whether management...
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Is Baidu A New Threat To Automakers?
Friday, June 3, 2016 - 10:55am | 312Baidu Inc (ADR) (NASDAQ: BIDU) is one of China's most important eCommerce companies through its Chinese-language search platform that commands an 80 percent market share. So why is it now a competitive threat to global automakers? Baidu's Senior Vice President Wang Jing said on Friday...
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Barron's Picks And Pans: Wal-Mart, Medtronic, Palo Alto Networks And More
Saturday, February 27, 2016 - 5:24pm | 684Featured stories in this weekend's Barron's offer a look at the prospects for a retail giant, a medical device maker and three cybersecurity stocks. A small cap aerospace parts maker could rise 30 percent over the next year. One portfolio manager prepares to buy into the bear market, with a dozen...
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Baidu Set For Good Quarter, But Analyst Cuts 2016 Search Outlook
Monday, February 22, 2016 - 2:09pm | 232Credit Suisse has cut Baidu Inc's (ADR) (NASDAQ: BIDU) 2016 search outlook despite expecting good results for the fourth quarter. Chinese Internet giant Baidu will release its fourth-quarter numbers on February 25. Wall Street expects earnings of $6.55 a share on revenue of $18.56 billion....
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Why Some Chinese Citizens Are Boycotting Baidu And 'Praying' For Google To Return
Thursday, January 14, 2016 - 1:46pm | 273When Alphabet Inc (NASDAQ: GOOG) (Google at the time) announced in 2010 that it will leave the Chinese market due to censoring related disagreements, Baidu Inc (ADR) (NASDAQ: BIDU) was happy to take its place and position itself as the dominant search engine leader. Today, Baidu is one part...
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Why China Is Risky For Investors
Friday, August 7, 2015 - 8:27am | 329Ann Logue was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Ann Logue, author of "Emerging Markets for Dummies," said that investors should be aware of the large, macro risks in Chinese equities, namely that the...
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Baidu Analysts Mostly Positive Heading Into Earnings; Mobile Search Monetization In Focus
Monday, July 27, 2015 - 12:59pm | 812Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its second quarter results after Monday's market close. The Estimize community (based on 62 estimates) is calling for the company to earn $1.85 per share on revenue of $2.629 billion. This compares to the Wall Street consensus estimate...