Baidu's tumble on mixed Q2 results took down Internet-focused ETFs in intraday trade Tuesday. But major exchange traded funds rallied in early action from a series of declines brought on by a tepid earnings season thus far and an ugly China sell-off yesterday. Baidu (BIDU) stock nosedived 14% after a Q2 earnings miss late Monday. Plus, the China-based search engine provider guided Q3 revenue below expectations. With microblog Twitter (TWTR) set to
Tuesday 28 July 2015
Bah Baidu! Internet ETFs Eye Facebook, Twitter Results
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Baidu's tumble on mixed Q2 results took down Internet-focused ETFs in intraday trade Tuesday. But major exchange traded funds rallied in early action from a series of declines brought on by a tepid earnings season thus far and an ugly China sell-off yesterday. Baidu (BIDU) stock nosedived 14% after a Q2 earnings miss late Monday. Plus, the China-based search engine provider guided Q3 revenue below expectations. With microblog Twitter (TWTR) set to
Baidu's tumble on mixed Q2 results took down Internet-focused ETFs in intraday trade Tuesday. But major exchange traded funds rallied in early action from a series of declines brought on by a tepid earnings season thus far and an ugly China sell-off yesterday. Baidu (BIDU) stock nosedived 14% after a Q2 earnings miss late Monday. Plus, the China-based search engine provider guided Q3 revenue below expectations. With microblog Twitter (TWTR) set to
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