Stocks may take a breather after Wednesday’s record run, fueled by a mild consumer price inflation report, with index futures holding relatively steady in early trading.
Apple Shares Are Back to Winning Ways as AI Optimism Builds bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Baidu, Inc (NASDAQ: BIDU) reported a fiscal first-quarter 2024 revenue growth of 1% year-on-year to $4.37 billion, beating the analyst consensus estimate of $4.32 billion. Baidu's adjusted earnings per ADS of $2.76 beat the analyst consensus estimate of $2.30. Segments: Baidu's Core revenue increased 4% year over year to $3.30 billion; Online marketing revenue improved 3% year over year to $2.36 billion. Non-online marketing revenue grew 6% year over year to $935 million, driven by the AI Cloud
Markets today: Dow Average briefly hits the historic 40,000 mark bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.