StockTwits: All about Baidu and Netflix

July 26, 2011: 1:45 PM ET
Netflix stock chart

Click the chart for more market data on Netflix.

NEW YORK (CNNMoney) -- With 180 members of the S&P 500 reporting this week, earnings continue to be a major driving force of market's action.

Baidu (BIDU) beat earnings and guided above consensus for the 7th consecutive quarter. The shares of the so called "Chinese Google" advanced 5% to a new all-time high.

Netflix (NFLX) slid 10% after admitting that it expects deceleration in subscribers' growth. Despite the drop, it is still among the best performing stocks for the past year. It's up over 140%.

In other news, Radioshack (RSH, Fortune 500) spiked 20% despite falling short on both earnings and sales estimates. But the electronics retail chain announced a deal with Verizon (VZ, Fortune 500) and that excited investors.

These are some of the themes discussed on StockTwits Tuesday:

MercenaryMike - $BIDU working on social networking platform. Is this "game over" for $RENN?

firstadopter - $BIDU is only up 16Xs in last 2.5 years. SICK!

EddyElfenbein - $NFLX has fallen ALL THE WAY back to where it was about a month ago.

bryanpatton - @TMTanalyst I have no position in $NFLX, but I don't see how they are going to alter their subscriber churn, it may only get worse

DynamicDividend - Radioshack Finds a Catalyst in Verizon: http://stk.ly/nm9DlZ / $RSH finally gets some attention thanks to $VZ deal, despite ugly Q2 results.

Brysapp - $RSH up 16% on top and bottom miss, announcement to sell $VZ products. Will prepaid wireless really generate that much business for them? To top of page

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