Baidu Q4 Earnings: AI Cloud Grows, Margin Slides, Expects AI Investments To Bear Fruit In 2025 - Baidu (NASDAQ:BIDU)

Benzinga

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Baidu Q4 Earnings: AI Cloud Grows, Margin Slides, Expects AI Investments To Bear Fruit In 2025 - Baidu (NASDAQ:BIDU)

Baidu reported $4.68B revenue, down 2% from last year. Adjusted earnings of $2.63 per ADS beat expectations. Segments showed mixed results. Plans to launch Ernie 5.0 in late 2025 and partner with Apple for AI features in China.

Bloomberg

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Baidu’s Revenue Slides After Chinese AI Rivalry Heats Up

Baidu Inc. reported a smaller-than-expected revenue drop, alleviating concerns its internet search and artificial intelligence businesses are buckling under fierce competition.

Seeking Alpha

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Baidu Non-GAAP EPADS of $2.63 beats by $0.78, revenue of $4.67B beats by $70M

Baidu press release (BIDU): Q4 Non-GAAP EPADS of $2.63 beats by $0.78. Revenue of $4.67B (-2.0% Y/Y) beats by $70M. Revenue from Baidu Core was RMB27.7 billion ($3.80 billion)

pme.ch

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Chinese internet giant Baidu announced Tuesday a drop in its turnover in 2024, against a backdrop of strong local competition. The group wants to strengthen its presence in artificial intelligence.

chinalastnight.com

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Southbound Hong Kong Buying Sets Record, Baidu Earnings Beat - China Last Night

Baidu Q4 Earnings Overview Baidu reported Q4 2024 financial results after the close in Hong Kong and before US markets opened this morning. Expectations going into the release were muted, especially following Founder and CEO Robin Li’s absence from President Xi’s historic private economy symposium attended by internet and technology entrepreneurs. In Li’s defense, the event timing could not have been worse with today’s financial release and the …

abbonews.com

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Baidu (NASDAQ: BIDU) Stock Falls Premarket Despite Better-Than-Expected Q4 Results

Baidu (NASDAQ: BIDU) reported better-than-expected earnings and revenue for the fourth quarter, but its stock still dipped over 2% in premarket trading Tuesday.