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Baidu posts Net loss of $ 47 million for the first quarter

Chinese search giant Baidu Inc. Baidu achieved a net loss of 327 million yuan ($ 47.3 million) for the first quarter of March 31, compared to a net income of $ 6.69 billion a year earlier, according to Baidu's unaudited financial report released Thursday. Revenue increased by 15% for the quarter to 24.1 billion yuan, Baidu said. Online market revenues, …

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Markets create their own reality

Stock markets are often accused of living in an alternative reality, but in order to analyze the trade war with China, one must accept the truth: Stock markets do their own reality. In the past two weeks, reality has been pretty unpleasant. Three quarters of S & P 500 shares and 95% of Goldman Sach's high China exposure list are …

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Bitcoin Drops $ 1000 in Value in the Market Sell-Off

Bitcoin, the world's largest market capitalization crypto competition, has once again come in contact with a major crypto market sale, and slashing its price by more than $ 1,000. In May. 17 o'clock at 2:00 pm UTC, bitcoin (BTC) fell by 16.7 percent to find a bid below $ 7,000 at $ 6,600 before rising once in the back of …

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