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Baidu faces tug-of-war between cloud growth and advertising weakness ahead of September quarter results

Earnings Whispers · ·by G4L

BIDU
BIDU Baidu Inc ADR
$81.03 -1.03%
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  1. 1The Street's revenue estimate for the September quarter is $4.61 billion.
  2. 2Baidu management warned that advertising will face pressure in the second half of the year as they intentionally delay AI search monetization.
  3. 3ApolloGo's fully autonomous driving trips plummeted to approximately 1 million following a regulatory suspension.

So what's the key point?

The Street's revenue estimate for the September quarter is $4.61 billion.

Source Earnings Whispers · View original ↗

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