KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
Read More »Baidu stock slides because iQIYI video unit reveals SEC investigation
For the quarter, Baidu (ticker: BIDU) reported revenue of $ 3.69 billion, down about 1% from a year ago, and in line with the consensus of Wall Street analysts at $ 3.7 billion. Non-GAAP earnings were $ 2.08 per share, good for the Street Consensus at $ 1.38. Baidu said …
Read More »Netflix Inc. stock gains Wednesday, better than the market
Stock market ETFs rise as Joe Biden picks Kamala Harris as running mate in White House race Movements in stock exchange-traded funds were suppressed after presumptive Democratic presidential nominee Joseph Biden announced Tuesday night that he had selected California senior Kamala Harris as his running mate in the 2020 election. …
Read More »Twitch closes fake U.S. Army recruiting gifts.
Did you know that the US Army is playing on Twitch? That’s right, you can watch live streams of the US military playing their favorite video games. They even promote giveaways where you can win great game prizes if you just fill out some personal information. Big problem, though. The …
Read More »Nio Stock Drops, Netflix Sinks and Dow Might Open Higher
Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
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