Baidu (NASDAQ: BIDU), the Chinese tech giant that owns the country's largest online search engine, launched its online video platform iQiyi (NASDAQ: IQ) in 2010.Baidu spun off iQiyi in an IPO in 2018 but retained a majority stake in the company, which still generated 28% of its t
In trading on Monday, shares of Alibaba Group Holding Ltd (Symbol: BABA) crossed below their 200 day moving average of $256.61, changing hands as low as $255.04 per share. Alibaba Group Holding Ltd shares are currently trading off about 3.2% on the day. The chart below shows
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $191.3 million dollar outflow -- that's a 2.5% decrease week over week (
Baidu's (NASDAQ: BIDU) stock recently dipped after the Chinese tech giant posted its fourth-quarter earnings. Its revenue rose 5% year over year to 30.26 billion yuan ($4.64 billion), marking its second straight quarter of sales growth but narrowly missing estimates by $20 millio
China's bank regulator on Saturday tightened requirements on the internet loan business of commercial banks, amid heightened scrutiny of online lending by internet giants such as Ant Group Co, the finance arm of Alibaba Group Holding Ltd.
What happenedShares of JD.com (NASDAQ: JD) were on the move today, gaining after the company announced a proposed spinoff of its JD Logistics division through a separate listing in Hong Kong.
Indian conglomerate Tata Group will buy a 68% stake in Alibaba-backed online grocery startup BigBasket for about 95 billion rupees ($1.31 billion), television channel ET now said https://bit.ly/3jTL0Cf on Tuesday.
The COVID-19 pandemic has transformed how companies view digitization and has accelerated investment in technology. As a result, companies have adapted to customer needs to deliver products and manage operations without much interruption. A presentation by Michael Laitkep, Research Analyst for S-Network, an Alerian company, examines some of the key trends in technology, how they [...] Read more at ETFtrends.com.
Investors in Alibaba Group Holding Ltd (Symbol: BABA) saw new options begin trading today, for the April 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the BABA options chain for the new April 1st contracts and identified one put and o
Do you have $5,000 that you can afford to invest right now? One year ago, if you were to invest that much into shares of AbbVie (NYSE: ABBV), FedEx (NYSE: FDX), or Alibaba Group (NYSE: BABA), you would have made at least $1,000 regardless of which stock you chose. And it's not to
TikTok is planning to launch a set of tools this year to help creators monetize their presence on the social media app. It will focus primarily on social commerce, according to a report from Financial Times. Social commerce is a key piece of Douyin, TikTok's Chinese counterpart,
China's big technology firms are stepping up hiring of legal and compliance experts and setting aside funds for potential fines, according to sources and job postings, amid an unprecedented anti-trust and data privacy crackdown by regulators.
ByteDance, the Chinese tech giant that owns TikTok, recently sued its larger rival Tencent (OTC: TCEHY) over alleged antitrust violations. ByteDance says Tencent blocked users on its WeChat and QQ apps -- which host 1.21 billion and 617 million mobile monthly active users, respec
What happenedShares of Huya (NYSE: HUYA) were tumbling over 9% in morning trading Monday after an analyst at CLSA issued a double downgrade of the Chinese video game live-streaming leader from buy to underperform.
Alibaba (NYSE: BABA) recently posted fiscal third-quarter numbers that easily beat analysts' expectations. The Chinese tech giant's revenue rose 37% year over year to 221.1 billion yuan ($33.9 billion), topping estimates by $530 million. Its adjusted earnings increased 21% year o
In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool analyst Emily Flippen to discuss Alibaba's (NYSE: BABA) cloud computing division being profitable for the first time ever. Also, Pfizer's (NYSE: PFE) fourth-quarter results were mixed and UPS (NYSE: UPS) w
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