Baidu (BIDU)

Re: Baidu (BIDU)

Postby winston » Sat May 19, 2018 8:08 am

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Top executive behind Baidu's artificial intelligence drive steps aside

By Cate Cadell

Source: Reuters

https://finance.yahoo.com/news/top-exec ... nance.html
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Re: Baidu (BIDU)

Postby winston » Mon May 21, 2018 7:15 pm

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Baidu Star's Shock Exit Casts AI-First Ambitions in Doubt

“Baidu is likely to see its core online marketing business strengthen this year as it regains customers lost amid its health-care ad scandal in 2016”.

“Margins should improve as Baidu sheds tangential businesses and focuses investment on AI projects that complement its core products”.


Source: Bloomberg

https://finance.yahoo.com/news/baidu-st ... 57891.html
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Re: Baidu (BIDU)

Postby winston » Tue May 22, 2018 7:55 am

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Baidu: Another Gift

May 18, 2018


Summary

Baidu trades down $25 due to the departure of the COO from daily activities.
The company has a long history of growth without the involvement of Qi Lu.
The stock continues to trade favorably to domestic peers despite massive margins.

Source: Stone Fox Capital

https://seekingalpha.com/article/417557 ... ngcom_feed
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Re: Baidu (BIDU)

Postby winston » Mon May 28, 2018 8:44 am

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Baidu CEO pledges to keep offering advertising-free search engine app

Baidu has scaled back on medical ads after a university student sought out a controversial cancer treatment advertised among search results and died.

A subsequent government probe in 2016 found that paid search results on Baidu’s search engine had misled consumers

“The vision for AI is to ensure people have more equal access to technologies and its capabilities,” said Li.

On autonomous driving, safety should be the “first law”, he said. About half of the coding for the company’s co-developed self-driving bus with King Long United Automotive Industry are related to safety, he said. The bus is nearing mass production, he said.

Baidu is also working with the government to improve smart infrastructure, building sensors into more roads with the goal of bringing down the cost of autonomous cars and improve the accuracy in identifying objects, according to Li.


Source: SCMP

http://www.scmp.com/tech/article/214797 ... engine-app
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Re: Baidu (BIDU)

Postby winston » Tue Jun 26, 2018 12:49 pm

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Chinese Stocks to Consider: Baidu (BIDU)

Baidu (NASDAQ:BIDU) stands out among Chinese stocks as one that can prosper with or without U.S. trade. As the so-called “Google of China,” Baidu dominates Chinese-language internet search.

Also, the Chinese government has largely kept Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) outside of China. A trade war will further set back Google’s ability to establish itself in China.

The financials of BIDU stock also remain compelling. BIDU currently trades at a price-to-earnings ratio of about 25. Although Wall Street has modestly trimmed back profit forecasts, analysts still expect double-digit profit growth in 2019 and 2020. Hence, a trade war would at worst slow down this growth.

Also, the long-term growth potential remains higher for BIDU stock than for GOOGL. Baidu’s market cap stands at about $90 billion, making it about one-ninth the size of Alphabet.

About 4.1 billion people in the world use the internet. An estimated 19.4% of those speak the Chinese language. That would place nearly one-fifth of world internet users in Baidu’s universe.

Assuming Baidu’s 70% market share within China, that presumes Baidu would claim 14%, or about one-seventh of the world’s internet usage. This factor alone should take the market cap to about $114 billion.

Moreover, this share should grow as more of China’s population gains internet access. With 25% of its current potential not realized, and more potential to come, Baidu can continue its growth regardless of its trade status with the U.S.

Source: Investor Place
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Re: Baidu (BIDU)

Postby winston » Tue Jun 26, 2018 8:01 pm

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Baidu ponders CDR issuance, return to A-share market

If given the green light by relevant regulatory agencies, the total number of shares issued by Baidu will see an increase

Baidu also said that there is no schedule for the submission of the CDR application and the plan could change based on the market and other conditions.


Source: ASIA TIMES

http://www.atimes.com/article/baidu-pon ... reloaded=1
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Re: Baidu (BIDU)

Postby winston » Sun Jul 22, 2018 2:18 pm

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Chinese Stocks at Risk From the Currency Crash: Baidu (BIDU)

Baidu Inc (NASDAQ:BIDU) shares are threatening to fall below their 50-day moving average, remaining within the confines of a trading range going back to the fall of 2017.

The company has made efforts to push into new technology ventures such as autonomous driving. But U.S.-China trade relations could sour any crossovers with Silicon Valley firms and hinder progress.

The company will next report results on July 26 after the close. Analysts are looking for earnings of $2.56 per share on revenues of $3.9 billion.

When the company last reported on April 26, earnings of $2.60 per share beat estimates by 89 cents on a 36% rise in revenues.

Source: Investor Place



4 Chin
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Re: Baidu (BIDU)

Postby winston » Thu Aug 02, 2018 8:08 am

not vested in BIDU or GOOG

Google reported to launch censored search engine in China, marking shift in strategy

The US internet giant’s modified search app will blacklist sites on human rights, democracy, religion and other issues deemed sensitive by the Chinese government

Baidu currently has almost 70& market share.

With a population of 1.4 billion people, China is home to 772 million internet users, the biggest online community in the world.


Source: SCMP

https://www.scmp.com/tech/china-tech/ar ... king-shift
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Re: Baidu (BIDU)

Postby winston » Thu Aug 02, 2018 8:10 am

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Baidu reports 6.4b yuan quarterly profit

Chinese Internet search giant Baidu Inc on Tuesday topped Wall Street estimates for quarterly profit on the back of strong growth in its online advertisement business, Reuters reports.

Revenue for the segment grew by 25 percent to 21.1 billion yuan (US$3.10 billion) in the second quarter.

The company has recorded rapid growth in its newsfeed product, an app that is similar to Facebook’s feed.

Net income attributable to Baidu climbed to 6.4 billion yuan, or 18.14 yuan per American depositary share, in the second quarter ended June 30 from 4.42 billion yuan, or 11.31 yuan per ADS, from a year earlier.

Excluding one-time items, Baidu earned 21.06 yuan per ADS, above expectations of 16.46 yuan.

Total revenue grew by 24.4 percent to 25.97 billion yuan from 20.87 billion yuan.

Source: The Standard

http://www.thestandard.com.hk/breaking- ... 0801&sid=2
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Re: Baidu (BIDU)

Postby winston » Sat Aug 04, 2018 5:35 am

vested in BIDU

While pragmatist Pichai ploughs into China, Google workers fume over concession to censorship

Pichai’s new leadership style and priorities haven’t always sat well with the Google rank and file, who see the company as a defender of the open web

Even if Google were to launch search in China now, it’s unclear if people would use it. Since its departure, Baidu has come to dominate traditional search while many users have turned away from desktops in favour of using specific mobile apps.

That includes looking through Meituan-Dianping for food, Alibaba Group Holding's Taobao Marketplace and Tmall for e-commerce, Jinri Toutiao for news and Tencent Holdings' WeChat for most other things.


Source: SCMP

https://www.scmp.com/tech/article/21580 ... concession
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