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Amazon and Apple Brace for Market Verdicts Amidst Disappointing Earnings /
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2024-05-16 10:00:46

Amazon and Apple Brace for Market Verdicts Amidst Disappointing Earnings on Nostr: Baidu's Q1 2024 Revenue Growth Slows Amid China's Economic Downturn and AI Push ...

Baidu's Q1 2024 Revenue Growth Slows Amid China's Economic Downturn and AI Push
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#7f940c3c ver:0.18

Major tech companies like Microsoft, Qualcomm, IBM, and Meta Platforms have shown strong performance in Q3 2024, benefiting from steady spending on AI. Foxconn, an Apple supplier, reported a drop in revenue but expects growth in Q2. Tencent and Alibaba's upcoming earnings will determine the strength of China's tech sector. Baidu's Q1 revenue growth slowed amid China's economic downturn, but it is betting on generative AI for future growth. Huawei reported strong profit growth and increased investment in R&D. Quhuo saw a surge in revenues from vehicle export solutions. Tech giants like Google, Microsoft, Amazon, Apple, and AMD are set to release earnings reports. #tech #earnings #China...

#newstr #Baidu #China #Ai #RevenueGrowth #Ernie #AutonomousDriving

https://here.news/story/7f940c3c?ver=0.18
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