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ETFs Hold More Than $3.6 Billion of Google
Sunday, October 10, 8:19 AM ET, by Market News Video Staff

According to ETFChannel.com's Top ETF Stock Components list, ETFs hold over $3.675 billion of Google ...

News to Know, ETFs To Watch Oct 14, 2010
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Technology sector ETFs are showing solid gains on Friday. The PowerShares QQQ (QQQQ) is up ...

Technology ETFs May Benefit From IBM, Apple Results
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Technology ETFs, already higher on strong results from Google (GOOG) last week, might be set ...

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Chinese Internet Stocks SINA, BIDU in the News

By Market News Video Staff, Wednesday, November 17, 12:20 PM ET

China’s Sina Corp. (NASDAQ:SINA) posted adjusted earnings of $0.50 per share for its fiscal third quarter, beating analyst expectations. But the web company said it expects revenue of $103-$106 million in the fourth quarter, below what analysts are expecting. Yesterday, Sina announced a $30 million fund for developed to create applications for its “micro-blog” called Weibo.

Sina shares are trading higher by more than 6% on Wednesday afternoon.

Fellow Chinese web company Baidu.com (NASDAQ:BIDU) was rated a buy by Stifel Nicolaus today, which initiated coverage with a $144 price target. Stifel said Baidu will benefit from weaker competition as Google (NASDAQ:GOOG) has exited the Chinese search engine market.

Baidu shares are trading higher by more than 4% today.

At 12.67% of the fund, Baidu is the top holding in the Guggenheim China Technology ETF (AMEX:CQQQ) and Sina is the eight-largest holding at 4.68%. The companies are joined by New York-listed companies Sohu.com (NASDAQ:SOHU) and Netease.com (NASDAQ:NTES).


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This Article's Word Cloud:   BIDU   Baidu   CHANNEL   China   Chinese   FLEXIBLE   Google   Guggenheim   Investment   NASDAQ   Sina   Stifel   Yesterday   adjusted   allows   anywhere   asset   beating   classes   companies   company   completely   countries   coverage   create   designed   developed   earnings   everywhere   exited   flexibility   follow   from   fund   growth   higher   holding   listed   million   more   portfolio   posted   quarter   regions   said   shares   short   than   today   trading
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