Strong Quarterly Revenue
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
5 dead in 'exceptionally' strong storm in Houston
At least five people were killed when a powerful storm tore through Houston on Thursday night, officials said.ABC News - Top stories -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
‘We are very strong’: Georgia’s gen Z drives protests against return to past
Resolutely European young people brave violent repression to loudly reject ‘foreign agents’ law and alignment with Moscow. Mariska Iurevicz’s mother has been crying a lot recently. “She is always asking when I’ll be home”, the 22-year-old says. “I ...The Guardian - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World