iQIYI Inc. News
Baidu Posts Second-Quarter Sales Beat Though Cautions on Outlook
Baidu reports quarterly revenue that rings in above Wall Street estimates but provides a more cautious outlook on future sales expectations.
Discovery Resumes Slide on More Credit Suisse Selling: Report
Credit Suisse dumped $2 billion of stocks Tuesday, including Discovery, in a continuation of the Archegos Capital Management debacle, according to Reuters.
Buy-the-Dip Candidates in the Stock Market: Cramer Says Buy Lululemon
These stocks that fell this past week could be 'buy the dip' opportunities. Recent losers include Anthem, Illumina, Carmax, Lululemon and more.
ViacomCBS and Discovery Pare Losses After Archegos-Driven Selloff
ViacomCBS and Discovery pare losses following a massive selling spree from an investment fund that reportedly was forced to sell due to margin calls.
China's iQIYI: Internal Report Refutes Short Seller's Allegations
China's iQIYI said an internal review refuted allegations from a short seller. And it said it would continue to cooperate with an SEC inquiry.
Tesla Stock Slides On Reports of California Layoffs, Office Closure
Tesla has reportedly closed its San Mateo office, and laid off 200 employees, as it begins a wave of cost cuts throughout the carmaker's global operations.
Disney Stock Lower As Board Extends Contract of CEO Bob Chapek
"Bob is the right leader at the right time for The Walt Disney Company, and the board has full confidence in him and his leadership team,' said Disney chair Sue Arnold.
Bed Bath & Beyond Stock Plunges On Q1 Loss, CEO Mark Tritton Exit
"After thorough consideration, the Board determined that it was time for a change in leadership," said independent director Harriet Edelman.
Pinterest Stock Slumps As CEO Ben Silbermann Steps Down To Make Way For Former Google Executive Bill Ready
"I've learned firsthand that it is indeed fun to do the impossible," said co-founder Ben Silbermann. "And with Bill as our CEO, I know that the fun is just getting started."