Tag Archives: bidu

China Tech Stocks Hammered Again On Fears Of Slowdown

Turmoil in China stocks continued Thursday as a sharp devaluation of the yuan triggered a selloff in U.S.-traded China tech stocks for the second day this week. Among those taking hits, Alibaba (BABA), Baidu (BIDU) and Weibo (WB) shares were all down 6%, while NetEase (NTES) and JD.com (JD) were down 5% in afternoon trading on the stock market today. China’s CSI 300 Index, which tracks blue chip stocks on the Shanghai and Shenzhen markets, plunged

Will Mobileye Beat Google In Self-Driving Race?

LAS VEGAS — Mobileye (MBLY) shares jumped 5.3% in the stock market Wednesday as the driver assistance tech firm’s new mapping technology will be deployed with General Motors (GM) very soon. IBD spoke with Mobileye’s chief technology officer, Amnon Shashua, about the company’s strategy to achieve fully autonomous driving vs. that of Alphabet (GOOGL)-owned Google and Chinese Internet giant Baidu (BIDU). Mobileye and the auto industry in general are

Alibaba, Baidu, Tencent Riding Online Health Wave

China’s online health care market is expected to hit $3.2 billion in 2015, up 60%, according to a new report, and that’s good news for Baidu (BIDU), Alibaba Group (BABA) and Tencent Holdings (TCEHY). China’s big three Internet giants are expanding their health offerings there. A steady increase in the Internet penetration rate in China, which reached 48.8% in the first half of 2015, is driving the trend, according to Marbridge Consulting’s report.