Trader’s Buzz: Baidu Inc (ADR) (NASDAQ:BIDU), SINA Corp (NASDAQ:SINA), Youku Tudou Inc (ADR) (NYSE:YOKU), Sony Corp (ADR) (NYSE:SNE), Advanced Micro Devices (NYSE:AMD)

Posted by on Jun 27, 2014

On Jun 17, 2014, Baidu Inc (ADR) (NASDAQ:BIDU), has announced that its PC software Baidu Antivirus ranked first place in AV-Comparatives’ May 2014 performance test among 20 top antivirus programs, earning it the Advanced+ award. Baidu Inc (ADR) (NASDAQ:BIDU) net profit margin is 30.90% and weekly performance is 5.34%. On last trading day company shares ended up $183.71. Analysts mean target price for the company is $1304.09. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 11.72%.

SINA Corp (NASDAQ:SINA) had its price target lowered by analysts at T.H. Capital to $75.00. SINA Corp (NASDAQ:SINA) shares fell -1.09% in last trading session and ended the day on $48.15. SINA Gross Margin is 60.90% and its return on assets is 1.00%. SINA Corp (NASDAQ:SINA) quarterly performance is -19.62%.

On June 16, 2014, As part of an ongoing effort to offer its hundreds of millions of users unique entertainment, Youku Tudou Inc (ADR) (NYSE:YOKU), China’s leading Internet television company, recently announced the release of more than 20 programs and drama series produced by its in-house production unit. Youku Tudou Inc (ADR) (NYSE:YOKU) shares moved up 22.95% in last trading session and was closed at $22.95, while trading in range of $21.78 – $23.41. Youku Tudou Inc (ADR) (NYSE:YOKU) year to date (YTD) performance is -24.26%.

Google announced that next year smart TVs from Sony Corp (ADR) (NYSE:SNE) (all of its 4K and smart TVs), Sharp and TP Vision/Philips will ship with the OS. The difference from the original Google TV approach is that the company isn’t treating Android TV as an entirely separate platform from mobile, and everything needed to handle video from HDMI, TV tuners or IPTV receivers is now natively included in Android L. Sony Corp (ADR) (NYSE:SNE) ended the last trading day at $16.81. Company weekly volatility is calculated as 1.46% and price to cash ratio as 0.94. Sony Corp (ADR) (NYSE:SNE) showed a negative weekly performance of -0.18%.

Computer chip makers Advanced Micro Devices, Inc. (NYSE:AMD) and Nvidia (NVDA) are falling after research firm Pacific Crest downgraded the stocks, saying that they will be hurt by weak PC sales. Advanced Micro Devices, Inc. (NYSE:AMD)shares moved up 1.77% in last trading session and was closed at $4.03, while trading in range of $3.94 – $4.09. Advanced Micro Devices, Inc. (NYSE:AMD) year to date (YTD) performance is 4.13%.

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