Is Baidu (BIDU) A Buy Ahead of Q1 Earnings Announcement?

Yahoo Finance Video
Now's the time to revisit portfolio goals as Fed cuts rates
As the Federal Reserve kicks off its interest rate easing cycle, Northwestern Mutual Wealth Management chief equities portfolio manager Matt Stucky joins Wealth! to discuss how investors can reassess their portfolio allocations. "I think now is a really good time to revisit your financial plan, goals, and objectives with an advisor. Over the last year or so, a lot of investors have flocked to money market funds, and earlier this month, we saw a report that about $6.3 trillion is sitting in the money market asset class right now," Stucky explains. He notes that the Fed's 50-basis-point cut will "dissipate" the attractiveness of money market funds. He believes investors shouldn't change their long-term asset allocations given the Fed's decision. However, he notes that cash allocations have increased over the last few years, and now is a good time to deploy them strategically. He warns "the one thing that we're cautioning our clients with is they're looking to replace that 5 to 5.5% that they were getting in the money market kind of area with something that's a similar type of yield. But today, you have to take more risk to achieve that." While the tech sector has spearheaded much of the market's growth this year, Stucky encourages investors to proceed with caution: "Right now, we're talking about the current macroeconomic environment with our clients as being one in kind of later cycle dynamics, meaning that in our view, the risk of a mild recession is still somewhat elevated. And in that sense, you want to embrace diversification, not just concentrate into what's working well." He explains that if the economy achieves the Fed's soft landing, the tech sector could continue its growth. However, if the economy decelerates, tech could come under pressure, so investors should avoid being too concentrated in a specific sector and embrace diversification, which he calls "the bedrock of a good portfolio." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
Reuters
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve president said on Thursday. "They are gambling that they have inflation under control," Thomas Hoenig told the Reuters Global Markets Forum. "They have turned their attention to maintaining employment, and that does inflate the risk of renewed inflation down the road."
People
Christopher Reeve's Son with Ex Calls Mom 'Incredibly Brave to Tell Her Side of the Story' in New Doc (Exclusive)
The late Christopher Reeve shared his two older children, Matthew and Alexandra, with ex Gae Exton, a British modeling agent
GlobeNewswire
Smart Grid Analytics Market is expected to reach a revenue of USD 24.2 Bn by 2033, at 12.9% CAGR: Dimension Market Research
Smart grid analytics are expected to advance significantly in the coming years, driven by AI, machine learning, and IoT integration. These technologies will improve grid reliability, optimize energy distribution, and facilitate smoother integration of renewable sources. With higher investments and regulatory support, smart grid analytics will play a pivotal role in achieving sustainable and efficient energy systems globally.New York, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Overview: The Global Smart
People
Why Blackpink's Jennie Apologized for Vaping Indoors
"I get why you guys are upset," she said of her fans in a cover story interview with 'Harper's BAZAAR'
Good Housekeeping
It Looks Like This Is the End of 'Yellowstone' After All
Kelly Reilly, Luke Grimes, and Wes Bentley's latest interview throws a bucket of cold water on hopes for a sixth season.
GlobeNewswire
161 North Clark Ownership Group: We’re in It for the Long Run
Situated directly across from Google’s new Chicago headquarters, the ownership group of this iconic skyscraper is investing in the Central Loop 161 North Clark 50-story skyscraper with a recognizable asymmetrical silhouette in the Chicago skyline 161 North Clark in Central Loop Situated directly across from Google’s new Chicago headquarters CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- 161 North Clark, an iconic, 50-story skyscraper with a recognizable asymmetrical silhouette in the Chicago skylin
Storyful
Russia Strikes Senior Care Home in Ukraine, Killing at Least 1
Ukrainian officials said a 78-year-old woman was killed and 13 people were injured when a Russian missile struck a five-story senior care facility in the northeast Ukrainian city of Sumy on Thursday, September 19.This footage was released by the State Emergency Service (SES), which said 147 people were evacuated from the building.Government officials in Sumy said the building was struck by a KAB-500 precision-guided missile.The facility housed 221 patients, including 87 with reduced mobility, all of whom were transferred to other care facilities, officials said.The care home is located across the street from a medical complex that includes hospitals for children, veterans, and cardiology patients. There are no known military sites in the area. Credit: SES Ukraine via Storyful
France 24
Major jihadist attack in Mali’s capital killed more than 70, security source says
A major attack by an al Qaeda-linked group on a military police training camp and nearby airport complex in Bamako earlier this week killed more than 70 people and wounded more than 200, a Malian security source said Thursday. News from the West African nation has been restricted since a junta takeover, but the scale of the attack raises questions about the security strategy of Mali's transitoinal authorities. A jihadist attack in the Malian capital targeting a military police training camp and
The Telegraph
Room with a view: Rayner enjoyed freebie new year in luxury NYC flat courtesy of Lord Alli
Angela Rayner enjoyed stunning views of Manhattan and the Empire State Building on New Year’s Eve from a $2.5 million flat lent by the Labour donor at the centre of the row over freebies, The Telegraph can reveal.
The Independent
England v Australia LIVE: Latest score from ODI as Jofra Archer bowls and Travis Head hits century
Follow all the latest action and updates from the first ODI between England and Australia at Trent Bridge
Business Wire
AM Best Upgrades Issuer Credit Rating of BTG Pactual Resseguradora S.A.; Revises Issuer Credit Rating Outlook to Stable
MEXICO CITY, September 19, 2024--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "bbb+" (Good) from "bbb" (Good) and revised the Long-Term ICR to stable from positive and affirmed the Financial Strength Rating (FSR) of B++ (Good) of BTG Pactual Resseguradora S.A. (BTG Re) (Brazil). The outlook of the FSR is stable.
Deadline
‘Doctor Odyssey’: Trailer For Ryan Murphy’s ABC Series Sets Record With 77.8M Views In 48 Hours
Ryan Murphy’s new ABC medical drama Doctor Odyssey starring Joshua Jackson and Don Johnson is headed for the record books with its trailer logging 77.8 million views within its first 48 hours of release. The total makes this the most-watched trailer for a new broadcast TV show ever. The prior record was held by NBC’s …
Associated Press Finance
Human remains are found inside an SUV that officials say caused pipeline fire in suburban Houston
Human remains were found inside an SUV that authorities say hit an aboveground valve on a pipeline in suburban Houston, causing a fire that has burned for four days, officials said Thursday. With the fire substantially smaller since it began on Monday, police were able to access the area around the pipeline in Deer Park. Investigators removed the white SUV and towed it away Thursday morning.
Digital Spy
Squid Game star lands role in new Netflix thriller
Squid Game star Lee Yoo-mi has been cast in upcoming Netflix thriller series As You Stood By.
GlobeNewswire
Pervasive Computing Technology Market is expected to reach a revenue of USD 5,072.5 Mn by 2033, at 21.8% CAGR: Dimension Market Research
In the coming years, pervasive computing technology will continue to expand its influence by integrating smoothly into daily life through interconnected devices and advanced AI. Advanced by IoT advancements and better connectivity, it promises greater convenience, efficiency, and personalized user experiences across many sectors, from healthcare and smart cities to consumer electronics and industrial applications.New York, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Overview: The Global Pervasive Computi
Evening Standard
Atalanta vs Arsenal LIVE! Champions League match stream, latest team news, lineups, TV, prediction today
Gunners begin European campaign away at Europa League winners
Associated Press Finance
Oregon governor uses new land use law to propose rural land for semiconductor facility
Oregon Gov. Tina Kotek is using a new land use law to propose a rural area for a semiconductor facility, as officials seek to lure more of the multibillion-dollar semiconductor industry to the state. Kotek has proposed expanding the city boundaries of Hillsboro, a suburb west of Portland that's home to chip giant Intel, to incorporate half a square mile of new land for industrial development, Oregon Public Broadcasting reported. Oregon, which has been a center of semiconductor research and production for decades, is competing against other states to host multibillion-dollar microchip factories.
People
Kelsea Ballerini Shares How Boyfriend Chase Stokes Supported Her in Acting Debut on “Doctor Odyssey” (Exclusive)
"I really hope that I did the character and the show proud," the country singer tells PEOPLE of guest starring in the new ABC medical drama
The Independent
Titan sub hearing live: OceanGate volunteer said nobody was concerned until sub ‘was really overdue’ from dive
Coast Guard has released more footage of the Titan submersible wreckage including remnants of its hull scattered on the sea bed, following the ‘catastrophic implosion’ that killed all five passengers on board

ALL ORDS

AUD/USD

ASX 200

OIL

GOLD

Bitcoin AUD

XRP AUD

Is Baidu (BIDU) A Buy Ahead of Q1 Earnings Announcement?

Latest stories

Now's the time to revisit portfolio goals as Fed cuts rates

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut

Christopher Reeve's Son with Ex Calls Mom 'Incredibly Brave to Tell Her Side of the Story' in New Doc (Exclusive)

Smart Grid Analytics Market is expected to reach a revenue of USD 24.2 Bn by 2033, at 12.9% CAGR: Dimension Market Research

Why Blackpink's Jennie Apologized for Vaping Indoors

It Looks Like This Is the End of 'Yellowstone' After All

161 North Clark Ownership Group: We’re in It for the Long Run

Russia Strikes Senior Care Home in Ukraine, Killing at Least 1

Major jihadist attack in Mali’s capital killed more than 70, security source says

Room with a view: Rayner enjoyed freebie new year in luxury NYC flat courtesy of Lord Alli

England v Australia LIVE: Latest score from ODI as Jofra Archer bowls and Travis Head hits century

AM Best Upgrades Issuer Credit Rating of BTG Pactual Resseguradora S.A.; Revises Issuer Credit Rating Outlook to Stable

‘Doctor Odyssey’: Trailer For Ryan Murphy’s ABC Series Sets Record With 77.8M Views In 48 Hours

Human remains are found inside an SUV that officials say caused pipeline fire in suburban Houston

Squid Game star lands role in new Netflix thriller

Pervasive Computing Technology Market is expected to reach a revenue of USD 5,072.5 Mn by 2033, at 21.8% CAGR: Dimension Market Research

Atalanta vs Arsenal LIVE! Champions League match stream, latest team news, lineups, TV, prediction today

Oregon governor uses new land use law to propose rural land for semiconductor facility

Kelsea Ballerini Shares How Boyfriend Chase Stokes Supported Her in Acting Debut on “Doctor Odyssey” (Exclusive)

Titan sub hearing live: OceanGate volunteer said nobody was concerned until sub ‘was really overdue’ from dive