Google Inc (NASDAQ:GOOGL) will now accept PayPal on Google Play, Google’s android app store. This is interesting news. Google Play will accept PayPal in 12 countries. People can use PayPal to buy apps and digital content, but they will not be able to buy devices and accessories. Google Inc (NASDAQ:GOOGL) net profit margin is 21.30% and weekly performance is -0.21%. On last trading day company shares ended up $540.39. Analysts mean target price for the company is $660.88. Google Inc (NASDAQ:GOOGL) distance from 50-day simple moving average (SMA50) is -2.71%.
Equities researchers at Nomura lowered their target price on shares of Tripadvisor Inc (NASDAQ:TRIP) from $107.00 to $103.00 in a research report issued on Wednesday, Analyst Ratings Network reports. Nomura’s price objective suggests a potential upside of 23.19% from the company’s current price. Tripadvisor Inc (NASDAQ:TRIP) shares fell -0.62% in last trading session and ended the day on $85.87. Gross Margin is 98.10% and its return on assets is 14.40%. Tripadvisor Inc (NASDAQ:TRIP) quarterly performance is -8.42%.
YY Inc (ADR) (NASDAQ:YY)’s Cofounder and CEO, David Xueling Li, announced the economic statistics at the end of the first quarter on May 5, 2014. The facts and figures depicted by the Q1-2014 report portrayed that the YY has out-performed, par excellence! The total revenue garnered is $107.2 million that is 111.6% more than the past year. Net income too was up in Q1 by almost 187%, close to RMB183.6 million! At the end of Q12013, YY had registered a net income of RMB63.9 million; incidentally within a year’s time, income has increased rampantly and almost three-folds! YY Inc (ADR) (NASDAQ:YY) shares moved down -0.87% in last trading session and was closed at $55.95, while trading in range of $54.90 – $57.90. YY Inc (ADR) (NASDAQ:YY) year to date (YTD) performance is 11.28%.
WallachBeth Capital downgraded shares of Weibo Corp (ADR) (NYSE:WB) from a buy rating to a hold rating in a report issued on Tuesday, Analyst Ratings Net reports. They currently have $2.50 target price on the stock, down from their previous target price of $4.00. Weibo Corp (ADR) (NASDAQ:WB) ended the last trading day at $19.07. Company weekly volatility is calculated as 4.41% and price to cash ratio as 7.75. Weibo Corp (ADR) (NASDAQ:WB) showed a negative weekly performance of -4.94%.
Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.60% and weekly performance is 1.48%. On last trading day company shares ended up $158.42. Analysts mean target price for the company is $1303.81. Baidu Inc (ADR) (NASDAQ:BIDU) announced the appointment of pioneering Artificial Intelligence (AI) researcher Andrew Ng as Chief Scientist of Baidu. Mr. Ng will lead Baidu Research, with labs in Beijing and Silicon Valley. Baidu made the announcement at the grand opening of its U.S. R&D Center in Sunnyvale, California. The new facility adds research to Baidu’s existing development capabilities in Silicon Valley. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 0.61%.
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