This week, most are probably waiting for the $NVDA+0.7% results. Today $BIDU+1.4% reported results and they didn't do badly at all. Operating profit was RMB 5.210 billion (about $718 million), up 53% year-over-year and 5% quarter-over-quarter. Baidu's net profit was RMB 5.210 billion (about $718 million), down 11% year-over-year and 11% quarter-over-quarter.
Baidu
BIDUCapital Structure
Market Cap
32.2B
Enterpr. Val.
280.6B
Valuation
P/E
12.0
P/S
1.7
I don't know the company at all but the year on year increase in operating profit is staggering :)
🙏🙏🙏