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Baidu.com (NASDAQ:BIDU) shares fell 9.3% in Tuesday morning trading after the Chinese tech giant reported second-quarter results that missed analyst estimates on revenue, earnings and net income. Revenue for the quarter came in at RMB31.3 billion, below the RMB31.96 billion analysts had...
Shares of the Chinese search-engine provider plummet after it posts a dismal set of second-quarter results.
The Chinese internet titan’s second-quarter net profit and revenue came in below analysts’ expectations.
Alibaba earnings are expected to show falling profit as it invests in artificial intelligence and food delivery.