Baidu Posts Sharp Loss but Revenue Rises 13% on Cloud Growth

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https://www.barrons.com/articles/baidu-bidu-stock-earnings-revenue-cloud-51637145984


Updated Nov. 17, 2021 6:46 americium ET / Original Nov. 17, 2021 5:47 americium ET

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Baidu, the Chinese search-engine giant, reported a third-quarter nonaccomplishment of 16.6 cardinal yuan ($2.6 billion) aft signaling important charges, but gross jumped 13% and bushed analysts’ estimates. 

U.S.-listed shares of Baidu (ticker: BIDU) roseate 2.2% to $175.05 successful premarket trading. The banal roseate 0.5% successful Hong Kong.

The nonaccomplishment successful the latest third...


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