AITechmemeabout 2 hours ago
Baidu Q2 revenue falls 2% to $4.62B, fifth straight decline
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Baidu reported Q2 revenue down 2% year-over-year to approximately $4.62 billion, missing the $4.69 billion estimate and marking a fifth consecutive quarterly decline. Net income reached about $341 million as the search leader lags AI rivals and its advertising business struggles.
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