Shares: Baidu surprises with strong growth and exceeds revenue expectations
Chinese tech firm Baidu reported impressive revenue growth of 15% year-over-year for the second quarter of 2023, supported by the advertising industry. This growth marked the strongest quarterly growth in the last two years. Baidu shares, which trade on the U.S. stock market, rose more than 4% in premarket trading. Q2 results were slightly higher…