EQT, Baidu And More: CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Anastasia Amoroso of JPMorgan Private Bank named Invesco Global Listed Private Equity ETF (NYSE: PSP) as her final trade.

Joseph Terranova of Virtus Investment Partners picked EQT Corporation (NYSE: EQT).

EQT posted better-than-expected earnings for its second quarter, while sales missed expectations.

Stephen Weiss of Short Hills Capital Partners named Baidu, Inc. (NASDAQ: BIDU) as his final trade

OTR Global recently downgraded Baidu from Positive to Mixed.

“Founded in 2000 as a search engine platform, we were an early adopter of artificial intelligence in 2010 to make content discovery on the internet easier,” said Baidu. “We have also used “Baidu Brain,” our core AI technology engine, to develop new AI businesses. ”

Price Action: Baidu shares rose 0.4% to settle at $155.99, while EQT shares fell 0.2% to close at $42.18 on Monday
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“Baidu is already a leading AI company with a strong Internet foundation,” said the company. The company continues to say: “We are one of the very few companies in the world that offers a full AI stack, encompassing an infrastructure consists of AI chips, deep learning framework, core AI capabilities, such as natural language processing, knowledge graph, speech recognition, computer vision and augmented reality, as well as an open AI platform to facilitate wide application and use.”  

“We have put our leading AI capabilities into our products and services, as well as innovative use cases. ”

Over the past two decades, Baidu have built a diversified portfolio of products and services with large total market opportunities, Baidu goes on to say. 

Produced in association with Benzinga

Edited by Priscilla Jepchumba and Judy J. Rotich