Industry
Baidu reports Q1 revenue down 1.1% YoY to ~4.7B, above ~4.5B est., and net profit down 55% YoY to ~506.6M, above ~462.5M est., amid a slow AI payoff (Tracy Qu/Wall Street Journal)
Tracy Qu / Wall Street Journal: Baidu reports Q1 revenue down 1.1% YoY to ~4.7B, above ~4.5B est., and net profit down 55% YoY to ~506.6M, above ~462.5M est., amid a slow AI payoff — First-quarter net
Tracy Qu / Wall Street Journal: Baidu reports Q1 revenue down 1.1% YoY to ~4.7B, above ~4.5B est., and net profit down 55% YoY to ~506.6M, above ~462.5M est., amid a slow AI payoff — First-quarter net profit fell 55% from a year earlier — Baidu recorded another sharp profit drop and a fourth straight quarter …
Source: Techmeme | 2026-05-18