BIDU Jul 2024 165.000 call
OPR - OPR Delayed price. Currency in USD
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Alibaba and Other Chinese Stocks Are Rallying. Why It Won’t Last.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
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Investing.com-- Baidu Inc (HK:9888) (NASDAQ:BIDU) was downgraded by Morgan Stanley on Friday, with the brokerage citing a weak outlook for the Chinese internet firm’s advertising revenues, while monetization of its artificial intelligence forays is also expected to take time.
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Asian stocks dip as rate cut rally cools, China data underwhelms
Investing.com-- Most Asian stocks fell on Friday as warnings from a slew of Federal Reserve officials saw investors reassess expectations of interest rate cuts, while mixed economic readings from China prompted increased caution.
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