China's Baidu misses quarterly revenue estimates
ReutersAug 20, 2025 9:02 AM
Aug 20 (Reuters) - Chinese search engine giant Baidu 9888.HK, BIDU.O fell short of market estimates for quarterly revenue on Wednesday, signaling persistent weakness in the advertising market amid prolonged economic uncertainty.
The company reported total revenue of 32.71 billion yuan ($4.56 billion) during the second quarter, compared with analysts' average estimate of 32.76 billion yuan, according to data compiled by LSEG.
($1 = 7.1784 Chinese yuan renminbi)
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Trump Family’s Crypto Empire Revealed: From NFTs to TRUMP Coin and the WLFI Business Landscape
Under the glow of the Trump presidency, his family’s crypto ventures once shone brightly. Now, that luster is fading. Once the “presidential” endorsement vanishes, these assets will face their sternest test yet.TradingKey
6 hours ago
Broadcom Q3 FY2025 Earnings Review: AI Surge and VMware Synergy Fuel Record Performance
TradingKey - Broadcom Inc. (NASDAQ: AVGO) delivered a strong fiscal Q3 2025, with results driven by AI networking strength and continued VMware integration. Revenue and EPS both topped expectations, reinforcing the company’s role as an essential player in the AI infrastructure buildout.TradingKey
Fri, Sep 5
U.S. August Nonfarm Payroll Preview: Risks Focus on Downward Revision of July Data
TradingKey - On 5 September 2025, the U.S. Department of Labour will release the August Non-Farm Payrolls report. The market widely expects August to see an addition of 75,000 non-farm jobs, roughly in line with July’s 73,000.TradingKey
Thu, Sep 4
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks aheadTradingKey
Thu, Sep 4
U.S. July PCE and Q2 GDP Commentary: Core Inflation Remains the Key Focus for the U.S. Stock Market Outlook
TradingKey - On 28–29 August 2025, the U.S. released inflation and growth data. The July headline PCE rose by 0.2% month-over-month and 2.6% year-over-year, while core PCE increased by 0.3% month-over-month and 2.9% year-over-year, both aligning with market expectations. On the growth front, the...TradingKey
Mon, Sep 1
Tradingkey
