Smart Mini Programs News Today

BIDU earnings call for the period ending December 31, 2021.

The Chinese tech giant just posted a mixed third-quarter report.

Seagate and two other well-known tech stocks are too cheap to be ignored.

Baidu (NASDAQ:BIDU), the Chinese tech giant that owns the countrys top search engine, recently posted first-quarter numbers that topped analysts expectations. Its revenue rose 25% year over year to 28.1 billion yuan ($4.3 billion), beating estimates by 980 million yuan. Its adjusted net income increased 39% to 4.3 billion yuan ($656 million), or 12.38 yuan per ADS -- which beat expectations by 1.63 yuan. Its adjusted EBITDA more than doubled to 5.9 billion yuan ($901 million). Baidu expects its...

Alibaba (NYSE:BABA) was a better buy than Baidu (NASDAQ:BIDU). I claimed that the strength of Alibabas core commerce business, the narrowing losses at its cloud division, and the upcoming initial public offering (IPO) of its fintech affiliate Ant Group made it the stronger overall company. Meanwhile, Baidus ad revenue continued to decline, its streaming-video unit iQiyi lost its momentum, and its expansion into next-gen markets like artificial intelligence (AI) and driverless cars wasnt gener...

Baidus (NASDAQ:BIDU) stock recently hit a two-year high after a series of positive developments. First, the companys third-quarter report in November suggested its core advertising business was stabilizing, which sparked several upgrades from analysts. Chinese regulators then drafted new antitrust rules that seemingly affected Tencent (OTC:TCEHY) more than Baidu. Baidu also boosted its existing buyback plan from $3 billion to $4.5 billion this month, and a recent Reuters report suggested it mi...