baidu
Baidu, Inc. (NASDAQ:BIDU) has expanded its business model over the last several years. While the company continues to dominate the domestic Chinese search engine market with a 79.52% market share with its Baidu app, accelerated growth is set to come from its AI Cloud solution, which delivered a 45% increase in sales over the last quarter. Users can tap into Baidu’s AI Cloud to apply machine and deep learning to complicated tasks that are typically completed by teams of individuals, leading to scaling cost and application efficiencies. Baidu has made headway in securing market share in China wi...
ValueWalk
US stocks rallied after an impressive retail sales report, solid industrial production data, and retail earnings showed the consumer is handling the current pricing increases. All signs are pointing to a very strong holiday season for retailers and that should help keep sending stocks higher. Financial markets are fixated on inflation, but now agree that it can get a little uglier over the next couple of months, before traders get unnerved. Q3 2021 hedge fund letters, conferences and more The Nasdaq outperformed as today’s risk-on tone was accompanied by steadying Treasury yields, a boost to C...
ValueWalk
With Alibaba Group Holding Ltd (NYSE:BABA)’s Q3 earnings to be released this month, investors are nervous. Q3 earnings will be arguably the most important quarter for the company following: changes required by the Chinese government in content sharing, contributions to China’s common prosperity fund and the company divesting itself. Q3 2021 hedge fund letters, conferences and more Stock Trading Coach On Buying Alibaba Stock“We like to buy strong companies when everyone is fearful. Regardless of the country of origin. Alibaba, Tencent Holdings Ltd (HKG:0700) (OTCMKTS:TCEHY) and Baidu Inc (NASDA...
ValueWalk
Muddy Waters Research is short JOYY Inc (NASDAQ:YY).Q3 2020 hedge fund letters, conferences and moreMuddy Waters' Short Case For JOYY IncWhile trawling the sewers of the world’s capital markets over the past 10 years, irony has never been in short supply. And yet, nothing could prepare us for the surreality of Baidu announcing its intention to buy YY Live from JOYY, which happened just as we were preparing to reveal that our year-long investigation shows YY Live is about 90% fraudulent.It was clear to us from early on that YY Live was almost entirely fake. YY Live is an ecosystem of mirages. I...
ValueWalk
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