Qihoo 360 Technology (QIHU) remains a growth story, but one that will pick up steam later in the year. That’s the assessment of the Internet and search services company from JG Capital analyst Henry Guo, one day after the China Internet company reported Q4 earnings that beat analyst views. Qihoo provides Internet search, online games and mobile security products, competing against Baidu (BIDU) and others. The company also provides search
Harman International Industries (HAR) hit a new high on the stock market today, breaking out of a three-weeks-tight pattern. The maker of infotainment systems completed its acquisition of Red Bend, a connected car technology company, on Monday. Last month, Harman announced a deal with Chinese search engine Baidu (BIDU) to roll out vehicle networking systems. Meanwhile, connected car tech leader Nvidia (NVDA) has been trading tightly after clearing
Chinese search leader Baidu (BIDU) didn’t find support at the 200-day line on Thursday as it broke below that moving average. Fellow Internet giant Alibaba (BABA) made gains in the market, but it’s still trading at a four-month low. Watch this video for chart analysis of Baidu and Alibaba. Follow Alissa Williams on Twitter: @IBD_AWilliams.