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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.

Breaking News

GameStop Stock Surges On Plans For 4-For-1 Stock Split

GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day.

Samsung Forecasts Best Quarterly Profits In Four Years, Boosting US Chip Stocks

Chipmakers Intel and Nvidia got a boost Thursday after Samsung Electronic forecast its strongest quarterly profits in four years.

Seagen Stock Leaps On Report Of $40 Billion Takeover By Merck & Co.

Merck is reportedly eying cancer drug specialists Seagen as it looks to replace revenue from its Keytruda blockbuster, which loses patent exclusivity in 2028.

Costco Raises Two Key Food-Court Prices (But Not Hot Dogs)

The Costco warehouse club has been hesitant to pass on price increases to customers, but two popular menu items in its food court now cost more.