The Latest Breaking News from Baidu

A whale with a lot of money to spend has taken a noticeably bearish stance on Baidu. Looking at options history for Baidu (NASDAQ:BIDU) we detected 15 strange trades.

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

Baidu, Inc (NASDAQ: BIDU) was surging over 8% higher on Thursday on the alignment of a number of positive catalysts affecting the stock.

Someone with a lot of money to spend has taken a bullish stance on Baidu (NASDAQ:BIDU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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As the market leader for electric vehicles, Tesla Inc (NASDAQ: TSLA) is being pursued by other electric vehicle upstarts and legacy automakers. An electric vehicle company backed by a leading search engine in China is the latest to call out its potential to one day pass Tesla.

Someone with a lot of money to spend has taken a bearish stance on Baidu (NASDAQ:BIDU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.