This week China’s Baidu Inc. reported its fourth quarter and fiscal year 2020 results this week, revealing that Q4 revenue had beat Wall Street expectations. For the quarter, the company’s total revenue rose 5% to 30.26 billion yuan ($4.69 billion), topping analysts’ average estimate of 30.06 billion yuan, according to IBES data from Refinitiv. Excluding … Continue reading “Baidu Reports Revenue Exceeding Wall Street’s Expectations”
Featured
Conservative Radio Legend Rush Limbaugh Dies at 70
Conservative radio host Rush Limbaugh has passed away at the age of 70 after a…
Uber Urges Gig Work Reforms in Europe
Ride hailing company Uber is encouraging EU policymakers to implement California-style gig work reforms. The…
Tesla to Make Electric Vehicles in India for First Time
Electric vehicle maker Tesla has closed in on an agreement to make electric vehicles in…
Dunkin Just Teamed Up with Wincup to Test Biodegradable Straws
Dunkin' Donuts, in a partnership with manufacturing company Wincup, is testing the use of a…
Twitter CEO Jack Dorsey Had to Say This About Trump’s Account Being Banned
Social media giant Twitter reported its fourth quarter earnings this week which beat Wall Street's…
Tesla Invests a Whopping $1.5 Billion into Bitcoin
It was just days ago that Tesla's CEO Elon Musk revealed on social app Clubhouse…
Amazon CEO Jeff Bezos is Stepping Down for This Reason
Jeff Bezos, one of the world's wealthiest men and the chief executive of e-commerce giant…
Levis Tops Earnings and Sales Expectations Despite Sales Falling 12% in Q4
Levi Strauss & Co. reported their holiday quarter earnings that revealed sales falling 12%, despite…
NBA Players Chris Paul and Kevin Durant Just Invested into this App
NBA stars Kevin Durant of the Brooklyn Nets and Chris Paul of the Phoenix Suns…
Delta Airlines Gets a Price Target Boost from Morgan Stanley
Delta Airlines, one of the major players in the aviation arena has received a price…
IMAX CEO Expects the Movie Industry to Roar Back
According to the head of IMAX, Richard Gelfond, the movie industry will come back like…
Poshmark Explodes Over 140% on First Day of Trading
Poshmark, which was founded in 2011 to create a marketplace for sellers and buyers of…
Airbnb is Making this Bold Move Durving Inauguration Week
Airbnb announced this week that it is canceling and blocking DC reservations during inauguration week.…
