Whatever the cause of last Tuesday's disruption of Internet access in China, the effects continue to be felt early Friday morning as stock prices in the country's largest Internet stocks continue to…
ThinkstockYou have heard of Internet outages before from time to time, particularly in the first ten years the public was using the Internet. But what about a large Internet outage affecting massive…
courtesy of BaiduBaidu, Inc. (NASDAQ: BIDU) is likely one of the key reasons that Bitcoin has been able to rise handily and gain more adoption. After all, when the largest search engine…
ThinkstockLast Friday the Chinese government unveiled a 60-point reform plan designed to boost Chinese economic and social status to new levels. The agenda is an initiative to move China to a more…
Frank Golhen, via Wikimedia CommonsFor much of the past two years, technology has dominated both long/short exposure and long/short performance in the hedge fund world. This has changed over the past quarter with…
ThinkstockQunar Cayman Islands Ltd. (NASDAQ: QUNR) is the most popular search-based commerce platform for China’s travel industry in the Middle Kingdom. The company held its initial public offering (IPO) on Friday, selling…
Paul Ausick Jon OggInvestors are having to deal with seeing stocks hit new highs almost daily now. With a temporary deal in Washington, D.C., and with earnings coming on strong, investors are caught trying…
ThinkstockInvestors have become increasingly anxious about how badly the U.S. equity and fixed income markets will be battered as the American government marches toward a potential default. Of course, investors may sell…
Jon OggInvestors and traders alike are looking for ideas and recommendations now that the government shutdown is here and with a debt ceiling debate ahead. Each morning 24/7 Wall St. reviews dozens…
ThinkstockCredit Suisse has initiated coverage of Chinese Internet stocks. Its sector weighting is now listed as Overweight, but we have seen individual stocks with analyst calls that are mixed, from Neutral to…
Jon OggStocks have seen five days of selling, and investors are deciding which stocks are bargains and which ones will have more downside. 24/7 Wall St. reviews dozens of Wall Street analyst…
ThinkstockHong Kong-listed Tencent Holdings Ltd. announced Monday morning that the company has invested $448 million in privately held Sogou Inc. and merged its search business with Sogou’s. Tencent now holds 36.5% of…
ThinkstockQihoo 360 Technology Co. Ltd. (NYSE: QIHU) on Monday morning reported adjusted earnings per American Depositary Share (ADS) of $0.40 on revenues of $151. 67 million for its second fiscal quarter ended…
July 26, 2013: U.S. equity markets opened lower this morning on a day when the only U.S. economic data of note was the revised University of Michigan/Thomson Reuters consumer sentiment index, which…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, July 26, 2013. They include Baidu, Tesla Motors, Campbell Soup, OpenTable and Raytheon.
