Active Movers of Yesterday: Baidu Inc (ADR) (NASDAQ:BIDU), Fortinet Inc (NASDAQ:FTNT), HSBC Holdings plc (ADR) (NYSE:HSBC)

On Thursday, Shares of Baidu Inc (ADR) (NASDAQ:BIDU), lost -0.22% to $200.01.

Baidu Research, a division of Baidu, Inc. (NASDAQ: BIDU), unveiled new research results from its Silicon Valley AI Lab (SVAIL). Results comprise the ability to accurately recognize both English and Mandarin with a single learning algorithm.

The results are detailed in a paper posted on ArXiv.org: Deep Speech 2: End-to-End Speech Recognition in English and Mandarin.

SVAILs Deep Speech system, declared last year, initially focused on improving English speech recognition accuracy in noisy environments (for example, restaurants, cars and public transportation).

Over the past year, SVAIL researchers improved Deep Speechs performance in English and also trained it to transcribe Mandarin. The Mandarin version achieves high accuracy in many scenarios and is ready to be deployed on a large scale in real-world applications, such as web searches on mobile devices.

Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.

Shares of Fortinet Inc (NASDAQ:FTNT), declined -2.78% to $31.80, during its last trading session.

Fortinet, declared that its Advanced Threat Protection (ATP) Framework has achieved Advanced Threat Defense (ATD) Certification from ICSA Labs, an independent division of Verizon, which offers vendor-neutral testing and certification. ICSA Labs Advanced Threat Defense (ATD) Certification testing is conducted by an ISO-accredited lab focused on the detection of malicious threats that traditional security products miss.

With so much noise in the market, it can be a daunting challenge for organizations to separate security fact from fiction. Thats why Fortinet consistently submits our broad portfolio to rigorous, independent, third-party testing that enables customers to understand how our solutions perform in the real-world, said John Maddison, vice president of products and solutions at Fortinet. ICSA Labs Advanced Threat Defense Certification demonstrates that our ATP Framework delivers advanced protection from the data center to edge to endpoint.

To demonstrate Fortinets ability to keep pace with an ever-evolving threat landscape, their Advanced Threat Protection Framework is tested by ICSA Labs as many as four times a year each time against the latest threats. Fortinet successfully accomplished the initial round of that ATD testing and was among the first to attain ICSA Labs ATD Certification.

Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products. It also offers FortiAP secure wireless access points; FortiWeb that provides security for Web-based applications; FortiMail for multi-featured messaging security; FortiDB for centrally managed database-specific security; FortiClient, an endpoint security product for desktops, laptops, and mobile devices; FortiScan for endpoint vulnerability assessment and remediation; and FortiSwitch Ethernet switches.

Finally, Shares of HSBC Holdings plc (ADR) (NYSE:HSBC), ended its last trade with 0.23% gain, and closed at $38.72.

Even though world merchandise trade growth is predictable to rise just one percent through the end of this year, US businesses are optimistic about trade over the next six months, buoyed by the prospect of changes to government trade regulations, and momentum in the current US domestic economy, according to the latest findings from the US HSBC Global Connections Trade Forecast.

The US will also retain its competitive advantage as a top three trading nation well into 2050, as a third wave of globalization marked by new technologies and increasing economic integration continues to take hold, according to HSBC’s Trade Winds report, which analyzes the last 150 years of trade while projecting the next 35 years. With the total volume of goods predictable to quadruple to $68.5 trillion in value by 2050, the US could see more than $4.78 trillion in export revenue, and control almost seven percent of total exports, counting technology-intensive exports, as the second top global exporter after China.

HSBC Holdings plc provides banking and financial products and services. It operates through four businesses Retail Banking and Wealth Administration, Commercial Banking, Global Banking and Markets, and Global Private Banking.

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About Travis Garlick 1822 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.