Author Archives: Scalper1

Facebook Optimism Remains High Ahead Of Q4 Earnings

Facebook (FB) received another positive analyst report ahead of fourth-quarter earnings that looks at key items to focus on. RBC Capital Markets analyst Mark Mahaney reiterated an outperform rating on Facebook and a price target of 130. Facebook stock was up nearly 4%, near 97.50, in afternoon trading in the stock market today. Facebook is scheduled to report Q4 earnings after the market close Wednesday. The consensus estimate among analysts

Baidu Hobbles Into Mobile As Tencent, Alibaba Race Past

China search leader Baidu (BIDU) has been slow to advance into mobile apps, while China tech heavyweight Tencent Holdings (TCEHY) has emerged as the top rival to Baidu in mobile search, according to a report Friday from Nomura, which handed Baidu a price target cut and rating downgrade. “Who is the potential threat for Baidu on mobile? We believe it’s Tencent, rather than any of the existing search engines,” wrote Nomura analyst Jialong Shi in an