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Stock Market & Financial Investment News

News Breaks
April 28, 2014
11:11 EDTBIDUBaidu slides lower, levels to watch
The shares are down over 5.9% to $153.15. At that price, next support is at $149.26 and then at $147.70. Resistance is at $158.64. The $140 area is a key support zone for the shares. It was resistance in the late summer of last year and support since that time.
News For BIDU From The Last 14 Days
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February 5, 2016
06:33 EDTBIDUChinese public growing unhappy with Baidu, WSJ says
The people of China are becoming unhappy with Baidu, and the internet search giant needs to exercise a balance to maintain profit and public interest, Wall Street Journal columnist Li Yuan says. Yuan brings up the example of Pan Longfei, a man with a rare heart and kidney disease who was led astray to a private hospital featured on a sponsored link on Baidu, when a public hospital in Guangzhou was able to properly diagnose and treat his condition better. Baidu is the largest search engine in China with approximately 80% of the market, the report says. Pan joined a revolt against Bauidu after seeing a post claiming that Baidu populated the web with information from shoddy businesses, including a hospital which reportedly didn't have a medical license, the report says. Reference Link

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