Scalper1 News
China search leader Baidu (BIDU) has already warned that increasing investments “should significantly pressure profitability” when the company reports Q1 earnings after the close Wednesday, as mobile becomes a greater portion of its overall business. In February, the Internet search engine surprised analysts with a first-quarter outlook below expectations. And its Q4 earnings miss was partly the result of Baidu’s successful transition to mobile, Scalper1 News
Scalper1 News