Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $175.00 short put and a strike $165.00 long put offers a potential 24.38% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $1.96 would be kept by the premium seller. The risk of $8.04 would be incurred if the stock dropped below the $165.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baidu is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Baidu is bullish.
The RSI indicator is at 63.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Nvidia shows off smaller artificial intelligence computer for Baidu car
Tue, 13 Sep 2016 03:52:28 GMT
Reuters – Chinese web services company Baidu will deploy Nvidia's new Drive PX 2 as its in-vehicle car computer for its self-driving system, Nvidia said in a press release as it unveiled the computer at the GPU Technology Conference in Beijing. As more carmakers develop plans for self-driving technology to roll out in their vehicles in the next decade or less, Nvidia is trying to lower the barriers to entry, providing powerful computers to help automakers enter the market. Earlier this month, Nvidia and Baidu announced a partnership to develop a full self-driving car architecture from the cloud to the vehicle using both companies' expertise in artificial intelligence (AI).
Nvidia shows off smaller artificial intelligence computer for Baidu car
Tue, 13 Sep 2016 03:27:36 GMT
Reuters – Chinese web services company Baidu will deploy Nvidia's new Drive PX 2 as its in-vehicle car computer for its self-driving system, Nvidia said in a press release as it unveiled the computer at the GPU Technology Conference in Beijing. As more carmakers develop plans for self-driving technology to roll out in their vehicles in the next decade or less, Nvidia is trying to lower the barriers to entry, providing powerful computers to help automakers enter the market. Earlier this month, Nvidia and Baidu announced a partnership to develop a full self-driving car architecture from the cloud to the vehicle using both companies' expertise in artificial intelligence (AI).
Nvidia shows off smaller artificial intelligence computer for Baidu car
Tue, 13 Sep 2016 03:00:01 GMT
Reuters – U.S. chipmaker Nvidia Corp showed off on Monday a smaller and more efficient artificial intelligence computer for self-driving cars, saying it would power Baidu's mapping and autonomous vehicle technology. Chinese web services company Baidu will deploy Nvidia's new Drive PX 2 as its in-vehicle car computer for its self-driving system, Nvidia said in a press release as it unveiled the computer at the GPU Technology Conference in Beijing. As more carmakers develop plans for self-driving technology to roll out in their vehicles in the next decade or less, Nvidia is trying to lower the barriers to entry, providing powerful computers to help automakers enter the market.
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