Tuesday, May 18, 2021

Baidu reports Q1 revenue of $4.38B, up 25% YoY, driven partly by a 70% YoY growth of its non-ad revenue, and says its flagship app had 558M MAUs as of March (Reuters)

Reuters:
Baidu reports Q1 revenue of $4.38B, up 25% YoY, driven partly by a 70% YoY growth of its non-ad revenue, and says its flagship app had 558M MAUs as of March  —  China's Baidu Inc reported quarterly revenue on Tuesday that beat Wall Street estimates, as the company beefed up its cloud …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...