On May 21, 2014, China’s Sina Corp. (SINA) posted a widened loss in the first-quarter as the company recorded a non-cash loss of about $40 million related to its microblog Weibo Corp (ADR) (NASDAQ:WB), becoming a publicly traded company in April. Weibo Corp (ADR) (NASDAQ:WB), net profit margin is -74.70% and weekly performance is -8.18%. On last trading day company shares ended up $17.95 Analysts mean target price for the company is $25.00. Weibo Corp (ADR) (NASDAQ:WB), distance from 50-day simple moving average (SMA50) is -8.12%.
On May 23, 2014, China’s top search engine Baidu Inc (ADR) (NASDAQ:BIDU), have found a new man to run its artificial intelligence research labs in Sunnyvale and Beijing. The company has hired Andrew Ng, who was Google Inc (NASDAQ:GOOGL)’s former artificial intelligence (AI) chief. Baidu Inc (ADR) (NASDAQ:BIDU), advanced 1.01% in last trading session and ended the day on $169.32. BIDU, Gross Margin is 62.40% and its return on assets is 15.30%. Baidu Inc (ADR) (NASDAQ:BIDU), quarterly performance is -0.49%.
Advanced Micro Devices, Inc. (NYSE:AMD)’s shares gained 0.25% to $4.02. The company on May 23 recognized key suppliers for their contributions to the ongoing transformation of AMD into a diversified growth company that leverages its computing and technology leadership to achieve new paths of innovation for its customers. Advanced Micro Devices, Inc. (NYSE:AMD), shares moved up 0.50% in last trading session and was closed at $4.04, while trading in range of $4.03 – 4.06. Advanced Micro Devices, Inc. (NYSE:AMD), year to date (YTD) performance is 4.39%.
Intel Corporation (NASDAQ:INTC)‘s stock had its “neutral” rating reaffirmed by Zacksin a research report issued on Friday. They currently have a $27.00 price target on the stock. Zacks‘s price target would indicate a potential upside of 2.70% from the stock’s previous close. Intel Corporation (NASDAQ:INTC), ended the last trading day at $26.71. Company weekly volatility is calculated as 1.18% and price to cash ratio as 6.98. Intel Corporation (NASDAQ:INTC), showed a positive weekly performance of 2.57%.
Equities research analysts at Dundee Securities lifted their price target on shares of OSISKO MINING CORP (OTCMKTS:OSKFF), to C$8.00 in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock. Dundee Securities’ price target indicates a potential downside of 0.62% from the company’s current price. OSISKO MINING CORP (OTCMKTS:OSKFF), on last trading day company shares ended up $7.24.