|Bid||137.46 x 1100|
|Ask||137.87 x 800|
|Day's range||132.40 - 139.55|
|52-week range||73.58 - 160.88|
|Beta (5Y monthly)||0.67|
|PE ratio (TTM)||23.14|
|Earnings date||28 Aug 2023 - 01 Sept 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||180.88|
After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up estimates on the company. But that massive surge makes Nvidia a tricky buy right now: InvestingPro’s fair value algorithm calls the stock overvalued at current levels, with some 30% potential downside risk.
Tech firms are using AI to do more than just help you compose emails or conduct searches. Both Baidu and Microsoft filed patent applications for...
Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Baidu's (NASDAQ: BIDU) stock rose 4% on May 16 after the Chinese tech giant posted its first-quarter report. Its revenue rose 10% year over year to 31.1 billion yuan ($4.5 billion), which beat analysts' estimates by $230 million.
It was a sight to behold in its early stages of growth, but Baidu has hit some growing pains in recent years. The pandemic and China's capitalism- and censorship-tightening ways have only made things worse for a company that needs individual freedoms and advertisers to thrive. Baidu's revenue has declined in two of the last three years.
Companies In The News Are: IQ, BIDU, SE, SA.
BIDU, EBS and FRO have been added to the Zacks Rank #5 (Strong Sell) List on May 17, 2023.
U.S. equity markets opened lower and turned mixed on the heels of disappointing retail sales data and weak guidance from home improvement retailer, Home Depot Inc. (NYSE: HD). Retail sales rose by just 0.4% in April –– missing forecasts calling for an increase of 0.8%, following the retreat in March. Ahead of a slew of earnings from U.S. retailers, Home Depot shares slid over 1% in morning trade as it slashed its sales and earnings forecasts for the year. Overseas in China, economic data releases reflected an economy that is still in recovery. Key data including retail sales, industrial production, fixed asset investment, and manufacturing PMI came in below expectations. Earnings from Baidu Inc. (NASDAQ: BIDU) topped earnings estimates with Q1 revenue rising by 10% as businesses boosted ad spending. Baidu shares advanced on Tuesday, extending a higher close ahead of quarterly results. Separately, Alibaba Group Holding Ltd. (NYSE: BABA) is scheduled to report an improvement in EPS and revenue when it releases earnings on Thursday. China abandoned strict COVID restrictions at the end of last year. Some investors took bets on the reopening trade in the economy. Q1 2023 GDP for China expanded 4.5% but only time will tell if momentum will remain strong among businesses in the world’s second-largest economy.
Hello and thank you for standing by for Baidu's first quarter 2023 earnings conference call. Baidu's earnings release was distributed earlier today, and you can find a copy on our website, as well as on newswire services. On the call today, we have Robin Li, our co-founder and CEO; Rong Luo, our CFO; Dou Shen, our EVP in charge of Baidu AI cloud group, ACG; and Zhenyu Li, our SVP in charge of Baidu intelligent driving.
Yahoo Finance contributor Remy Blaire reports live from the New York Stock Exchange to discuss China's economic data missing expectations, Baidu Q1 earnings, and Alibaba Q4 earnings being released later this week.
Search engine giant Baidu Inc beat first-quarter revenue and profit estimates on Tuesday as businesses spent more on advertising amid China's post-COVID reopening, and said it was awaiting regulatory approval to launch its ChatGPT-like Ernie bot. Business momentum in China is building after it dropped most of its strict COVID-19 curbs late last year, with consumers and companies reviving spending. China's economy grew a faster-than-expected 4.5% year-on-year in the three months through March, according to the latest official data.
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 16th. Please refresh for updates.
We're seeing relative stability of late, and not only in the equities markets.
Investing.com -- Stocks were muted on Monday as investors waited for a resolution of the debt ceiling stand-off in Washington, where lawmakers are supposed to meet again at the White House on Tuesday to hash out their differences. Lawmakers are pressing ahead as the deadline to get a deal done is swiftly approaching. Biden administration officials have warned that the government could run out of options to continue paying its obligations as early as June 1.
A sizable dip in the innovation-driven Nasdaq Composite is the perfect excuse for investors to pounce on some phenomenal deals.
Chinese stocks have shown weakness this year, but may offer upside potential as the Chinese economy reopens.
Baidu's (BIDU) first-quarter results are expected to reflect its AI business strength and gains from expanding autonomous driving efforts amid pandemic-related headwinds.
Baidu Inc. (BIDU) closed the most recent trading day at $122.49, moving -0.78% from the previous trading session.
According to the average brokerage recommendation (ABR), one should invest in Baidu Inc. (BIDU). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Investors need to pay close attention to Baidu (BIDU) stock based on the movements in the options market lately.
These disruptive companies could be among the biggest winners in the coming decade of artificial intelligence adoption.
JPMorgan shares closed more than 2% higher yesterday.
Baidu Inc. (BIDU) closed the most recent trading day at $121.28, moving +0.56% from the previous trading session.
A 33% tumble in the Nasdaq Composite is the perfect excuse for long-term investors to pounce on beaten-down growth stocks.
Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.