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China-Based Baidu Burns $1.2 Billion To Fuel AI Cloud Growth
benzinga.com/news/earnings/25/05/45542202/china-based-baidu-burns-1-2-billion-to-fuel-ai-cloud-growth
Baidu, Inc (NASDAQ: BIDU) stock gained on Wednesday after it reported fiscal first-quarter results. The quarterly revenue of $4.47 billion, up by 3% year-on-year, topping the analyst consensus estimate of $4.30 billion.
Baidu’s adjusted earnings per ADS of $2.55 beat the analyst…
This story appeared on benzinga.com, 2025-05-21 13:32:07.