Baidu Stock News

Figures Baidu reported Thursday showed the number of robotaxi rides operated publicly grew by 26% year-on-year in the first half of the year, according to CNBC calculations. That's down sharply from year-on-year growth of 184% in the first half of 2023.

The Chinese tech sector mainstay stagnated on the top line in its latest quarter. Analysts were collectively anticipating higher revenue but a lower adjusted net income figure.

Baidu (NASDAQ: BIDU) stock ended the day down 4.4% after releasing earnings and missing on revenue targets for the quarter but beating analyst estimates on earnings per share (EPS).

Baidu, China's leading search engine and a pioneer in artificial intelligence (AI), reported a 0.4% decline in revenue for Q2 2024, totaling 33.93 billion yuan ($4.67 billion).  While this figure slightly surpassed analysts' expectations of 33.

Baidu, Inc. (NASDAQ:BIDU ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Juan Lin - Director, Investor Relations Robin Li - Co-Founder & Chief Executive Officer Rong Luo - Chief Financial Officer Dou Shen - Executive Vice President, AI Cloud Group Conference Call Participants Alex Yao - JPMorgan Gary Yu - Morgan Stanley Lincoln Kong - Goldman Sachs Thomas Chon...

Baidu (NASDAQ: BIDU ) just reported results for the second quarter of 2024. Baidu reported earnings per share of $2.89.

Chinese internet giant Baidu posted flat second-quarter revenue on Thursday, as an uncertain economic outlook in the country weighs on household consumption.

Baidu edged higher early Thursday, after the China search giant beat Q2 earnings estimates but sales missed.