Baidu reported a 3% annual decline in third-quarter revenue but exceeded market expectations due to growth in its AI cloud business. The Beijing-based tech giant operates a major search engine and ...
Baidu stock is recommended due to its strong AI capabilities and dominant position in China's search engine market. Read more ...
our EVP in charge of Baidu AI Cloud Group, ACG; and Junjie He, our Interim CFO. After our prepared remarks, we will hold a Q&A session. Please note that the discussion today will contain forward ...
Baidu has been able to offset some weakness in advertising revenue thanks to momentum in its non-online marketing business, largely boosted by its AI Cloud segment. The company, like tech peers, has ...
Baidu (NASDAQ: BIDU) beat Q3 estimates with $4.78B revenue and $2.37 EPS, but shares fell amid weak online marketing growth. AI Cloud drove 12% non-marketing revenue growth, while EBITDA margin ...
Baidu BIDU, China's leading AI company ... While management attempts to paint a positive picture through growth in AI Cloud revenues, which rose 11% year over year, this increase has proven ...
"Baidu Core's flattish third quarter top line reflected the ongoing weakness in our online marketing business, offset by the growth of our AI Cloud business,” said Robin Li, Co-founder and CEO of ...