Baidu Still Feeling Revenue Pressure: Report

By | July 25, 2015

Scalper1 News

China search leader Baidu (BIDU) reports Q2 earnings after the close Monday. Analysts expect the company to continue to feel pressure on its profit margins in the wake of a weak showing in Q1. Baidu stock fell sharply in April after the company reported Q1 revenue below Wall Street expectations and gave soft Q2 guidance as it spent heavily to advance its mobile business in the face of competition from China e-commerce leader Alibaba Group (BABA) Scalper1 News

Scalper1 News