On Friday, shares of Chinese search behemoth Baidu (BIDU) closed up 5% on the day (after being up 8%) as a result of the company’s Q1 results and better than expected revenue outlook. Today BIDU is down 7.5% on …
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Event: Chinese online travel company CTrip (CTRP) reports Q4 results tonight after the close. The options market is implying about an 11% post earnings move, which is shy of its 4 qtr average post earnings …
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Event: Baidu (BIDU), the Chinese internet search giant reports Q4 results tonight after the close. The options market is implying almost a 9% one day move tomorrow. With the stock around $157.50, the weekly 157.50 …
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We know from history that on-the-line ad rates can be a quickly withering thing in economic downturns. While people don’t surf the world wide web less during economic and/or financial market shocks (which is what …
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The People’s Bank of China (PBOC) ain’t messing around. Overnight they cut short term interest rates for the third time since November as they battle an economic slowdown that threatens their 7% GDP “target”. This morning, …
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This morning there are some tech stocks moving after reporting results, I wanted to do a quick roundup. BIDU: The stock is down 5.5% in the pre-market, after the company missed their Q4 on higher expenses. On …
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Last night on CNBC’s Fast Money the panelists were asked to give a few ideas of where to find growth now that we have seen once loved growth sectors like 3D printing, internet services and …
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Earlier I wrote of the weak relative performance of some of the “Chortals” Chinese Web 1.0 stocks like SINA & SOHU, down 50% and 30% respectively on the year. There is little doubt that Alibaba’s …
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QIHU is one of the huge momentum leaders in 2013 and early 2014 that has been smacked in the past 2 months. The stock was a favorite among investors looking to get exposure to the …
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Today is the first day of trading for BABA. The company sold shares to fund managers (let’s be honest, it was not really an initial “public” offering) at $68 on the evening of September 18th. Since then, …
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