SINA Corp (NASDAQ:SINA) anticipates weaker revenue in the current quarter because of the recent license revocation. The company expects 2Q revenue to come between $177 and $182 million at a time when analysts expected $197.7 million for the quarter. SINA Corp (NASDAQ:SINA) earned 15 cents per share in 1Q, meeting the consensus estimate in the process. Revenue for the quarter came in at $171.50 million, ahead of the estimate of $165.03 million. Both revenue and EPS were up on a year-over-year basis. SINA Corp (NASDAQ:SINA) stock performance was -1.43% in last session and finished the day at $44.17. Traded volume was 1.79million shares in the last session and the average volume of the stock remained 4.14million shares. The beta of the stock remained 1.84. SINA Corp (NASDAQ:SINA) insider ownership is 4.81%.
Baidu Inc (ADR) (NASDAQ:BIDU) on May 16 announced the appointment of pioneering Artificial Intelligence (AI) researcher Andrew Ng as Chief Scientist of Baidu. Mr. Ng will lead Baidu Research, with labs in Beijing and Silicon Valley. Baidu made the announcement at the grand opening of its U.S. R&D Center in Sunnyvale, California. Baidu Inc (ADR) (NASDAQ:BIDU) rose 0.87 percent to $167.25 Monday on volume of 1.97million shares. The intra-day range of the stock was $164.27 to $167.58. Baidu Inc (ADR) (NASDAQ:BIDU) has a market capitalization of $58.61billion.
Qihoo 360 Technology Co Ltd (NASDAQ:QIHU) has been given a consensus recommendation of “Buy” by the nineteen analysts that are currently covering the company, American Banking News reports. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $108.72.Qihoo 360 Technology Co Ltd (NYSE:QIHU)’s stock on 02 June, 2014 reported a decrease of -4.33% to the closing price of $87.85. Its fifty two weeks range is $40.05 -$124.42. The total market capitalization recorded $21.85billion. The overall volume in the last trading session was 3.55million shares. In its share capital, QIHU has 125.93million outstanding shares.
The super-hero sequel from 21st Century Fox Inc. (NASDAQ:FOXA)’s 20th Century Fox has collected $162.1 million domestically so far. On Monday, shares of Twenty-First Century Fox Inc (NASDAQ:FOXA) advanced 0.37% to close the day at $35.54. Company return on investment (ROI) is 21.10% and its monthly performance is recorded as 9.45%. Twenty-First Century Fox Inc (NASDAQ:FOXA) quarterly revenue growth is 7.89%.