Baidu Inc. (Nasdaq: BIDU) stock hit an all-time high of $237.55 this morning after yesterday's Q3 earnings report.
Baidu reported earnings per share (EPS) of $1.79 on revenue of $2.203 billion. Analysts expected EPS of $1.69 and revenue of $2.22 billion. On a non-GAAP basis, BIDU had EPS of $1.90.
Baidu Inc. (Nasdaq: BIDU) stock hit an all-time high of $237.55 this morning after yesterday's Q3 earnings report.
Baidu reported earnings per share (EPS) of $1.79 on revenue of $2.203 billion. Analysts expected EPS of $1.69 and revenue of $2.22 billion. On a non-GAAP basis, BIDU had EPS of $1.90.
Baidu Inc. (Nasdaq: BIDU) stock reached an all-time high today (Friday) of $222.36 after the company reported earnings that topped analysts' estimates yesterday afternoon. In the most recent quarter, Baidu reported earnings per share (EPS) of $1.73, which outpaced consensus estimates of $1.40.
When a well-known venture capitalist like Tim Draper is investing in Bitcoin with some $18 million of his own money, there has to be a really good reason.
Draper was the sole winner of the 29,656 bitcoins auctioned off June 27 by the U.S. Marshals Service. Those bitcoins had been seized by the federal authorities that shut down the notorious Silk Road website last fall.
But Draper isn’t just going to squirrel all those Bitcoins away.
He has a plan – and it's why he wanted all those bitcoins in the first place…
