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Today’s Research Report Coverage on Baidu and Three Additional Internet Stocks

Stock Research Monitor: WUBA, AKAM, and GOOG

LONDON, UK / ACCESSWIRE / May 9, 2018 / If you want a free Stock Review on BIDU sign up now at www.wallstequities.com/registration. This morning, WallStEquities.com monitors 58.com Inc., Akamai Technologies Inc., Alphabet Inc. (NASDAQ: GOOG), and Baidu Inc. (NASDAQ: BIDU). These companies operate in the Internet Information Providers industry, which provides not only information but also interactive services, allowing people to purchase goods, make reservations, and apply to offers on good or services directly online. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

58.com

On Tuesday, shares in Beijing, China headquartered 58.com Inc. recorded a trading volume of 467,576 shares. The stock ended the session 0.80% lower at $88.29. The Company’s shares have gained 13.82% in the last month, 20.75% over the previous three months, and 109.42% over the past year. The stock is trading 8.94% above its 50-day moving average and 23.65% above its 200-day moving average. Moreover, shares of 58.com, which operates online classifieds and listing platforms that enable local merchants and consumers to connect, share information, and conduct business in China, have a Relative Strength Index (RSI) of 60.55. Get the full research report on WUBA for free by clicking below at:

www.wallstequities.com/registration/?symbol=WUBA

Akamai Technologies

Cambridge, Massachusetts headquartered Akamai Technologies Inc.’s stock closed the day 0.77% higher at $73.68 with a total trading volume of 1.42 million shares. The Company’s shares have advanced 4.57% in the past month, 15.72% in the previous three months, and 46.86% over the past year. The stock is trading 3.05% and 24.33% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Akamai Technologies, which provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the US and internationally, have an RSI of 56.85.

On April 30th, 2018, Akamai Technologies reported its Q1 2018 financial results. Revenue for the quarter was $669 million, GAAP income from operations was $69 million, GAAP net income was $54 million, and adjusted EBITDA was $256 million. Cash, cash equivalents, and marketable securities was $1.3 billion as of March 31st, 2018. Free research on AKAM can be accessed at:

www.wallstequities.com/registration/?symbol=AKAM

Alphabet

Mountain View, California headquartered Shares in Alphabet Inc. recorded a trading volume of 1.22 million shares. The stock ended yesterday’s trading session 0.08% lower at $1,053.91. The Company’s shares have advanced 3.79% in the past month and 12.80% over the past year. The stock is trading above its 200-day moving average by 2.87%. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US and internationally, have an RSI of 49.75. Visit WallStEquities.com now and sign up for the free research on GOOG at:

www.wallstequities.com/registration/?symbol=GOOG

Baidu

Beijing, China headquartered Baidu Inc.’s stock finished Tuesday’s session 3.62% higher at $263.09. A total volume of 3.60 million shares was traded, which was above their three months average volume of 2.99 million shares. The Company’s shares have advanced 17.28% in the last month, 15.00% over the previous three months, and 48.24% over the past year. The stock is trading above its 50-day and 200-day moving averages by 8.54% and 9.88%, respectively. Additionally, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 68.79.

On April 28th, 2018, Baidu announced that its Chairman and CEO Robin Li and his wife Melissa Ma, together with the Company, jointly donated RMB 660 million to Peking University. The donation commemorates the 120th Anniversary of the institution and marks the establishment of the “Peking University Baidu Fund”.

On May 08th, 2018, research firm Goldman resumed its ‘Buy’ rating on the Company’s stock. The free technical report on BIDU is available at:

www.wallstequities.com/registration/?symbol=BIDU

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SOURCE: Wall St. Equities

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