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Mmmm... two "dot coms" doing well in 1 evening, I just had a flashback to another century. I just have to ignore the valuations in both (another flashback to the late 90s) as they keep on producing.

Baidu.com (BIDU) first since we own it (we cut back going into earnings) - this name trades at a multiple of... err.. nevermind that.

• Baidu.com Inc (BIDU), China's top search engine, said on Wednesday its quarterly profit rose 87 percent and forecast another surge in revenue, boosted by Internet traffic growth ahead from the Beijing Olympics.
• Beijing-based Baidu posted a second-quarter profit of 265 million yuan ($38.6 million) for the three months ended June 30, compared with 141.9 million yuan a year earlier. The result beat the average expectation for net profit of $35.5 million, according to eight analysts polled by Reuters Estimates.
• Revenue doubled to 802.6 million yuan ($117 million) in the quarter, compared with 401.3 million yuan a year earlier.
• The company forecast revenue in the current quarter in a range between $905 million yuan ($132 million) and $935 million yuan ($136 million), representing a rise of between 82 percent to 88 percent from a year earlier. Analysts, on average, are forecasting third-quarter revenue of $135.76 million, according to Reuters.
• Baidu dominated China's Web search market in the second quarter, with market share of nearly 63 percent, according to data firm iResearch. Google Inc (GOOG) had 26 percent and Yahoo China was third with nearly 8 percent of the 1.3 billion yuan ($190.6 million) market, it said.

Amazon.com (AMZN) also looks somewhat impressive; at least the market is happy as expectations seem to have been lowered. I guess the thesis of the pooring consumer sitting at home trying to save money by not driving to stores works for them - shows you their superiority to say an Ebay (EBAY).