Baidu's US-listed shares rise on upbeat Q1 revenue

U.S.-listed shares of search engine giant Baidu BIDU.O up 2.4% at $91.50 premarket

Reports Q1 rev of 32.45 billion yuan ($4.50 billion), beating analysts' avg est of 30.9 billion yuan, according to data compiled by LSEG

"AI Cloud continued its robust growth in the first quarter, which provides solid support to our overall revenue," interim CFO Junjie He says

As of last close, stock up ~6% this year

($1 = 7.2050 Chinese yuan renminbi)