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Baidu (NASDAQ:BIDU) reported a return to revenue growth in its first quarter of 2026, with management emphasizing that artificial intelligence has become the company’s primary growth engine and now accounts for a majority of its general business revenue. Co-founder and Chief Executive Robin Li said
It’s a quite week on the earnings front, but all eyes will be on Nvida who are due to report on Wednesday after the closing bell. Other big names reporting this week include Walmart, Home Depot, Target and Baidu.
Baidu stock was rising even as the Chinese internet company’s profit tumbled, with the focus on AI progress.
The Chinese search-engine operator recorded another sharp profit drop and a fourth straight quarter of revenue declines.
Kunlunxin is pursuing a Shanghai STAR Board IPO alongside its separate Hong Kong listing plan.
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