The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar

The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar

The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar $DIA, $SPY, $QQQ, $VXX Just 1 year ago, when it was not clear that Republican Donald Trump had upset and defeated Democrat Hillary Clinton to the US Presidency, futures in the DJIA dove nearly 900 points. However, at the close of trading of that […]

Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights

Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights

Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights China’s Baidu is opening an engineering office in the Seattle region, giving the Beijing-based Internet powerhouse an additional U.S. outpost to expand its reach in artificial intelligence and the cloud. The new Baidu office in downtown Bellevue, Wash., is starting with a small team that includes the leaders of […]

Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights

Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights

Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights Wei climbs into her car and tells it her destination. While the car manoeuvres through the morning traffic, her news app picks the stories she is most likely to enjoy and reads them aloud. As the car approaches the parking lot, a camera recognises her face and opens the gates. […]

Risk Appetite Returns, Investors Pour $1.48-B into Tech ETF

Risk Appetite Returns, Investors Pour $1.48-B into Tech ETF

Risk Appetite Returns, Investors Pour $1.48-B into Tech ETF $DIA, $SPY, $QQQ, $VXX Investors sank $1.48-B into the PowerShares QQQ Trust Series 1 Tuesday. That’s the 4th-largest inflow into the industry’s benchmark exchange-traded fund in the past 5 years, and the 2nd-biggest commitment among US-listed ETFs in yesterday’s trading session. Valuation fears and fragile market […]

Gains in Big Tech Driving Stock Indexes to Record Highs

Gains in Big Tech Driving Stock Indexes to Record Highs

Gains in Big Tech Driving Stock Indexes to Record Highs $QQQ Gainers in big technology companies helped lift the market higher Monday once again into record territory. The Standard & Poor’s 500 index closed at an all-time high, as did the DJIA. The latest gain extended the Dow’s winning streak to 10 days running. Traders […]

Baidu Inc (ADR) (NASDAQ:BIDU) Microsoft Azure Cloud

Baidu Inc (ADR) (NASDAQ:BIDU) Microsoft Azure Cloud

Baidu Inc (ADR) (NASDAQ:BIDU) Microsoft Azure Cloud Microsoft Azure Cloud was a member of Baidu’s Apollo self-driving platform alliance, but now Microsoft has revealed more details about what it will be providing the cross-industry partnership. Basically, Microsoft will be offering cloud infrastructure services via Azure for customers in markets outside of China looking to adopt […]

Baidu Inc (ADR) (NASDAQ:BIDU) And NVIDIA Leads AI Tech

Baidu Inc (ADR) (NASDAQ:BIDU) And NVIDIA Leads AI Tech

Baidu Inc (ADR) (NASDAQ:BIDU) And NVIDIA Leads AI Tech Baidu and NVIDIA have long had a close relationship, and this announcement is significant in its breadth, spanning nearly every aspect of the internet giant’s business. Unlike Google, its American counterpart, Baidu appears to be content to use NVIDIA’s commercial technology, instead of designing its own […]

Managed Money Said Monday, “We are not worried at all about tech”

Managed Money Said Monday, “We are not worried at all about tech”

Managed Money Said Monday, “We are not worried at all about tech” $AAPL, $AMZN, $FB, $GOOGL, $MSFT Selling in the high flying technology sector extended to its 2nd trading day Monday, with the NAS Comp seeing it biggest 2-day loss since September 2016 The tech selling dragged down all 3 major US stock market indexes, […]

Strategist Ignores Tech Dip, Sees 7% S&P 500 Rebound

Strategist Ignores Tech Dip, Sees 7% S&P 500 Rebound

Strategist Ignores Tech Dip, Sees 7% S&P 500 Rebound $DIA, $SPY, $QQQ, $VXX A respected managed money strategist is not put off by the dip in technology sector and has raised his outlook. RBC Capital strategist Jonathan Golub raised his price target for the S&P 500, citing improving profit growth and “reasonable valuations.” His new […]

The Tech Sector is Hot, People Want Exposure, Money Flows

The Tech Sector is Hot, People Want Exposure, Money Flows

The Tech Sector is Hot, People Want Exposure, Money Flows $QQQ, $SPY, $FB, $AAPL, $AMZN, $NFLX, $GOOG Friday. the top-weighted technology sector (-3.4%) pushed the major averages down Friday afternoon but the S&P 500 show a loss of just 0.1%. Technology shares have led US stocks to record highs and are expected to continue to […]

Tech ‘FAANG’s’ Lagged, Weighing on the Broad Market

Tech ‘FAANG’s’ Lagged, Weighing on the Broad Market

Tech ‘FAANG’s’ Lagged, Weighing on the Broad Market $DIA, $SPY, $DIA, $VXX, $AAPL The top-weighted technology sector (-3.4%) pushed the major averages down Friday afternoon with the S&P 500 now showing a loss of 0.1%. Just 4 of the 11 sectors traded in negative territory, and the top-weighted technology group (-2.7%) finished lower. However, the […]

Sohu.com – Updated Guidance for Second Quarter 2017

Sohu.com – Updated Guidance for Second Quarter 2017

Sohu.com Inc. (NASDAQ: SOHU), China’s leading online media, video, search and gaming business group (“Sohu” or the “Company”), today announced that it is updating the outlook for the second quarter of 2017, after taking into consideration the financial impact of the newly launched Legacy TLBB mobile game, a game that is developed by Changyou.com Limited […]

Investors See Tech Driven Trump Rally Extending

Investors See Tech Driven Trump Rally Extending

Investors See Tech Driven Trump Rally Extending $XLK, $AAPL, $FB Technology companies have been a driving force behind the US stock market’s Trump Rally to record highs, and despite mounting evidence of stretched valuations the sector is a paramount pick for investors expecting a wave of capital spending by US corporations. Corporate tax cuts and […]

Microsoft’s (NASDAQ:MSFT) Market Cap Tops $500-B

Microsoft’s (NASDAQ:MSFT) Market Cap Tops $500-B

Microsoft’s (NASDAQ:MSFT) Market Cap Tops $500-B $MSFT, $AAPL, $GOOGL Microsoft Corp.’s (NASDAQ:MSFT) market capitalization topped $500-B for the 1st time since Y 2000 Friday, after the technology giant’s stock rose following another Quarter of results that beat The Street’s expectations. Shares of the world’s biggest software company rose as much as 2.1% to 65.64, an […]

China’s Overseas Direct Investment Continues Gaining Momentum

China’s Overseas Direct Investment Continues Gaining Momentum

China’s Overseas Direct Investment Continues Gaining Momentum China’s outbound direct investment (ODI) is surging despite weak global growth as Chinese companies continue to internationalize their business. Non-financial ODI increased 53.3% Y-Y to reach $145.96 in the January-October frame, surpassing the total for Y 2015 of about $121.4-B, according to the Ministry of Commerce on Thursday. […]

Washington’s Non-Elite Elite Were Hammered Tuesday

Washington’s Non-Elite Elite Were Hammered Tuesday

Washington’s Non-Elite Elite Were Hammered Tuesday $GOOGL, $FB Biased and incompetent elite Americans polluted the Y 2016 election in the US, and they have gotten what they deserved. There were a lot of losers Tuesday, including the Barack Hussein Obama’s, Hill and Billy Clinton, the Clinton Foundation, thier staff for senior to junior, the smug, […]