CNBC's Eunice Yoon reports on Baidu's entry into the ride-sharing space, and competition with Alibaba.» Read More
It's a booyah-free zone. There goes Swifty!
Baidu.com, China's top search engine, said on Wednesday its quarterly profit rose 87% and forecast another surge in revenue, boosted by Internet traffic growth from the Beijing Olympics.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Overall, 3 stocks advanced for every 2 that declined. OK, it's not a roaring start to the summer, but consider the headlines: 1) May Conference Board Consumer Confidence fell to the lowest since October 1992.
What will the internet look like in the year 2030? Here are the “Web 5.0” bets that Wall Street is placing right now!
The dangers of complacency were abundantly evident in the last hour. I have remarked all day that the CBOE Volatility Index (VIX) was nearing its lowest level since July of last year. While this is an indication that the levels of fear are clearly dropping, it also indicates--given the real concerns with the economy--that complacency may be a bit too high.
A devastating earthquake is the latest in a series of problems for China. What does this tragedy mean for a government already grappling with discontent?
Risk aversion is definitely back today. You can see it in the dollar/yen, where the yen has really strengthened today. The AIG news (down 8 percent) told us that a lot of the bad news is still not priced in. Big momentum stocks like Visa, Mastercard, Nucor, US Steel, Anadarko, Apache, Bidu, Apple, and Google all saw profit-taking today. But here's the big problem: oil closing up five straight days, closing at a new high.
It's finally happening. The "long commodities/short dollar" trade that has been the primary trade for the past three months is clearly in the early stages of unwinding, and stock traders could not be happier. Money is leaving commodities and energy, and going to tech stocks and financial stocks.
The major US markets had one of their best months in a long time. See the highlights from Stocks, Sectors, Commodities and Currencies...
Is this the beginning of a rotation in the stock market? There's debate about this, but there are signs that some smart money is positioning themselves for a rotation out of commodities, and into tech.
Profit jumped 383% at a global media company based in Beijing. Is this the exciting final chapter of the China growth story or is there more to come?
Baidu.com, China's top search engine, posted better-than-expected quarterly profits on Thursday, buoyed by strong traffic growth and online advertising revenue ahead of the Beijing Olympics, sending shares up 3 percent.
Don't be fooled by the Chinese government's attempt to stabilize the market. There are still a lot of pitfalls - but also some bright spots - in this volatile economy.
Following are the week’s biggest winners and losers. Find out why shares of Valero and Lehman popped while State Street and Wynn dropped.
The Olympics are becoming a major headache for China as calls for a boycott intensify. With protests mounting, should you sell China stocks before this summer’s games?
The Shanghai Composite index is down 46 percent from its October highs, its worst showing ever. Is it time to get out of China investments? Peter Navarro, UC Irvine business professor and Jack Perkowski, author of "Managing the Dragon," offered their insights to CNBC.
Cramer makes the call on viewers' favorite stocks.
Needless to say, my posts on Google and Apple are generating a flood of response from many of you feeling the frustration of these steep declines, so in the vein of "misery loves company," here's a taste of some of your missives. Rest assured, if you're confused, you're not alone -- so are the experts.
Fast Company Magazine is issuing its annual list of the world's 50 most innovative companies. Do you own a company on the list -- and should you? (PART 2)