Baidu (BIDU) PT Raised to $185 at Benchmark

Baidu (BIDU) PT Raised to $185 at Mizuho Securities

November 17, 2020 6:38 AM EST

Mizuho Securities analyst James Lee raised the price target on Baidu (NASDAQ: BIDU) to $185.00 (from $170.00) while maintaining a Buy rating.

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After-Hours Stock Movers 11/16: (TSLA) (YY) (TMUS) Higher; (CODX) (FUV) (PLUG) Lower (more...)

November 16, 2020 5:40 PM EST

Today's After-Hours Stock Movers:

Co-Diagnostics (NASDAQ: CODX) 13.9% LOWER; reported Q3 EPS of $0.53, $0.10 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $21.82 million versus the consensus estimate of $32.79 million.

Tesla (NASDAQ: TSLA) 11% HIGHER; will be added to the S&P 500 effective prior to the open of trading on Monday, December 21 to coincide... More

Baidu revenue beats estimates; to buy JOYY's China live-streaming unit

November 16, 2020 4:37 PM EST

By Ayanti Bera and Yingzhi Yang

(Reuters) - Chinese search engine leader Baidu Inc (NASDAQ: BIDU) booked a 1% rise in quarterly revenue, beating market estimates, and said it will buy streaming platform YY Live from social media firm JOYY Inc (NASDAQ: YY) for about $3.6 billion to help diversify revenue sources.

Baidu earns... More

Baidu (BIDU) Tops Q3 EPS by 95c, Offers Q4 Guidance

November 16, 2020 4:32 PM EST

Baidu (NASDAQ: BIDU) reported Q3 EPS of $3.00, $0.95 better than the analyst estimate of $2.05. Revenue for the quarter came in at $4.16 billion versus the consensus estimate of $4.14 billion.

GUIDANCE:

Baidu sees Q4 2020 revenue of $4.2-4.6 billion, versus the consensus of... More

Baidu to buy JOYY's live-streaming business in China for $3.6 billion

November 16, 2020 4:29 PM EST

(Reuters) - Chinese search engine giant Baidu Inc (NASDAQ: BIDU) said on Monday it would acquire JOYY Inc's (NASDAQ: YY) video-based entertainment live streaming business in China for about $3.6 billion in cash.

The deal... More

Baidu (BIDU) to Acquire JOYY's (YY) Live Streaming Business in China for $3.6 Billion

November 16, 2020 4:18 PM EST

(Updated - November 16, 2020 4:23 PM EST)

Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading search engine, knowledge and information centered Internet platform and AI company, today announced that the Company had entered into definitive agreements with JOYY Inc. ("JOYY"). Pursuant to the agreements, Baidu will acquire JOYY's domestic video-based... More