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Benzinga
Benzinga
Business
Anusuya Lahiri

Baidu's AI Cloud And Robotaxis Become Growth Engines As Ad Business Slows

Baidu United States BIDU Nasdaq Robin Li iQiyi
Baidu Apollo Go

Baidu (NASDAQ: BIDU) stock gained on Wednesday after it reported fiscal second-quarter results.

The company reported quarterly revenue of $4.57 billion, a decline of 4% year-on-year (Y/Y), slightly missing analysts’ consensus estimate of $4.60 billion.

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