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20.08.25 - 16:48
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Stock Market Live August 20: After Misses from Home Depot And Now Target, S&P 500 (VOO) Keeps Falling (24/7 Wall St.)
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Live Updates Live Coverage Updates appear automatically as they are published. Baidu Beats on Earnings, Misses on Revenue 10:07 am In international earnings news, Baidu (Nasdaq: BIDU) — the “Chinese Google” — beat earnings forecasts this morning with a Q2 report of RMB13.58 per share ($1.87), RMB0.25 better than expected. Revenue for the quarter came in […]
The post Stock Market Live August 20: After Misses from Home Depot And Now Target, S&P 500 (VOO) Keeps Falling appeared first on 24/7 Wall St.....
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20.08.25 - 12:00
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Baidu′s revenue dips ahead of intensifying Chinese AI contest (SCMP)
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Baidu's revenue fell, hurt by an economic downturn that is capping its ability to fight bigger rivals in AI and make inroads in new growth areas.
The Ernie chatbot creator's sales in the June quarter came to 32.7 billion yuan (US$4.6 billion), in line with the average of analyst estimates for a 4 per cent decline to 32.74 billion yuan. Net income came to 7.3 billion yuan, versus the projected 3.7 billion yuan.
China's internet search leader is betting big on generative AI to drive future growth,......
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20.08.25 - 11:30
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Baidu Inc. Announces Increase In Q2 Profit (AFX)
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BEIJING (dpa-AFX) - Baidu Inc. (BIDU) reported a profit for its second quarter that Increases, from last yearThe company's earnings came in at RMB7.322 billion, or RMB20.35 per share. This compare......
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20.08.25 - 11:02
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Baidu Announces Second Quarter 2025 Results (PR Newswire)
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BEIJING, Aug. 20, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the second quarter ended June 30,......
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18.08.25 - 15:06
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Alibaba, Baidu lead China′s fast-growing market for AI cloud services (SCMP)
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Baidu and Alibaba Group Holding led the market for public cloud services supporting artificial intelligence in China last year, as the industry embraced “disruptive innovations” towards generative and agentic AI, according to consultancy IDC.
The mainland AI public cloud market reached 19.6 billion yuan (US$2.7 billion) in 2024, increasing 55 per cent on the back of surging demand for AI training and applications, IDC said on Monday.
The top two market players each accounted for roughly 25 per......
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