The Latest Breaking News from iQiyi

11 Communication Services Stocks Moving In Monday's Intraday Session

 

Benzinga · Apr 4, 2022

Baidu, iQIYI Explore Options After US SEC Added Them To Provisional List Pending Audit Review

Baidu Inc (NASDAQ:BIDU) explored options after the U.S. SEC added the Chinese search engine giant to a list of companies that faced delisting concerns, Reuters reports. Beijing refused to permit U.S. officials to review their auditors' work, Bloomberg reports. A 2020 U.S. law mandated a three-year clock for firms to comply with inspection…

Benzinga · Mar 31, 2022

2 Popular Chinese Stocks to Avoid Like the Plague

Given the increasing geopolitical tensions between China and the United States, potential delisting concerns, and rising COVID-19 cases in China, Chinese stocks listed in U.S exchanges have been plummeting in price of late. Because this trend is expected to continue, we think fundamentally weak Chinese stocks iQIYI (IQ) and New…

StockNews.com · Mar 28, 2022

Here's Why JP Morgan Upgraded iQIYI

JP Morgan upgraded iQIYI Inc (NASDAQ:IQ) to Overweight, seeing multiple drivers improve margins this year after Q4 earnings. The firm raised its price target to $8 from $5, implying a 61% upside. "We expect further margin improvement in the next few quarters, driven by cost savings in content cost and opex, which should prove that iQiyi…

Benzinga · Mar 2, 2022