New Street Research Insights

New Street Research

Research is provided by our team of experienced analysts. Our work is idea driven, based on independence of thought, sector expertise, and firmly focused on fundamentals and valuation of telecoms and internet names globally. New Street is headquartered in London with offices in New York, Singapore and Australia. 

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
US Healthcare
Japanese Healthcare

We also provide debt research on:
Pan European Telecom Services and Cable

Equity Bottom-Up

<p>We have been somewhat bearish on <a href="https://www.smartkarma.com/entities/179" target="_blank" data-smartkarma-citation="entities:179:1">Baidu (BIDU US)</a> and highlighted this at the last quarter's results. Nothing we see in the latest numbers really changes that view.  Management remains optimistic on the potential for AI and its impact on the industry. Baidu is a leader in AI globally and China but it will take time to play out and business models remain unclear at this stage. </p><p>In the meantime, prospects for core search growth remain muted. Regulatory pressures are easing but costs remain high and…</p>

We have been somewhat bearish on Baidu (BIDU US) and highlighted this at the last quarter's results. Nothing we see in the latest numbers really changes that view.  Management remains optimistic on the potential for AI and its impact on the industry. Baidu is a leader in AI globally and China but it will take time to play out and business models remain unclear at this stage. In the meantime, prospects for core search growth remain muted. Regulatory pressures are easing but costs remain high and…

Baidu's 2017 Guidance Disappoints. Struggling with Weak Revenue and High Costs. Recovery Delayed.