BIDU Fair Price
My Notes
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🗓️Klíčové events not to be missed this week!
Keep an eye on the markets as this week is packed with major events that can bring interesting opportunities and challenges. Nvidia is sure to be a major target this week as it announces its results, which will mainly affect the technology market.
🌍 Monday:
G20 meeting - Global leaders discuss economic issues, geopolitical risks and...
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BAIDU "Chinese Google"
Baidu $BIDU , often dubbed the "Chinese Google," is emerging as one of the most promising stocks on the Nasdaq, with predicted growth of up to 102%. The Chinese tech company, which dominates Internet search with more than 52% market share, is still undervalued, according to Wall Street analysts.
- Search and advertising dominance: $BIDU is benefiting...
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📅 With Sunday evening I bring you another list of interesting things for the upcoming week!
🔍 This week is packed with events that could significantly impact the markets. Here is a summary of some highlights related to key moments:
🎤Monday: Speech by FOMC member Waller
🌐Earnings: After the markets close, $PANW results : company is a leader in cybersecurity. It surprised with high...
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I'm kind of giving up on it this week and not paying much attention😅, but I'll definitely be interested in that Powell speech.
🌟 Michael Burry, the well-known investor who predicted the 2008 financial crisis, is once again changing the direction of his investment strategy.
Let's take a look at the interesting moves this famous investor has made:
📈 Gold - In the first quarter of 2024, Burry focused heavily on commodities. He increased his largest position in theSprott Physical Gold Trust $PHYS by $7.62...
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He's an interesting guy and his trades and moves surprise me at times, but I hardly follow him at all and don't want to😁
📆 Next week's investment calendar! 🚀
Here's my recap of the most interesting events coming up in the next week!
Monday 🌐:
📊 New Home Sales for January (Expectations 684,000, previously 664,000), month-over-month for January (expected +3%, previously +8%).
💹 Earnings: Domino's Pizza $DPZ, Freshpet $FRPT, Hims & Hers $HIMS, Unity Software $U, Workday $WDAY, Zoom $ZM and other...
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This week, most are probably waiting for the $NVDA results. Today $BIDU reported results and they didn't do badly at all. Operating profit was RMB 5.210 billion (about $718 million), up 53% year-over-year and 5% quarter-over-quarter. Baidu's net profit was RMB 5.210 billion (about $718 million), down 11% year-over-year and 11% quarter-over-quarter.
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I don't know the company at all but the year on year increase in operating profit is staggering :)
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I've heard a little about them, but the China thing, well, I've already left that environment and I'm not planning to go back there yet, even though of course you can find good companies there.
There are some interesting events again. I'll be interested to see some results and Monday could be interesting as well.