iQIYI (NASDAQ:IQ) reported first-quarter 2026 revenue of CNY 6.2 billion, down 8% sequentially, as the Chinese streaming company emphasized artificial intelligence, overseas growth and new content formats as central parts of its strategy.
Founder, Director and CEO Gong Yu said the company is operat
As of March 30, 2026, iQIYI (NASDAQ: IQ) stands at a critical inflection point. Long dubbed the "Netflix of China," the streaming giant has transitioned from a high-growth, high-burn cash incinerator into a leaner, AI-augmented content powerhouse. Today’s announcement of a $100 million share buyback program, alongside a formal application for a Hong Kong listing, [...]
As of today, February 26, 2026, Baidu, Inc. (NASDAQ: BIDU; HKEX: 9888) finds itself at a historic crossroads. Long labeled the "Google of China," the Beijing-based tech giant has spent the last decade aggressively attempting to shed its reputation as a legacy search engine provider to become a global leader in artificial intelligence (AI) and [...]
On the morning of January 2, 2026, the financial markets in Asia and New York reacted with a surge of optimism as Baidu, Inc. (NASDAQ: BIDU; HKEX: 9888) confirmed a long-rumored strategic move: the confidential filing for a Hong Kong initial public offering (IPO) of its artificial intelligence chip subsidiary, Kunlunxin. The news sent Baidu’s [...]
A monumental breakthrough in artificial intelligence has been announced, as quantum language models (QLMs) have successfully demonstrated generative performance on real quantum hardware. This achievement marks a pivotal moment, moving quantum AI beyond theoretical discussions and simulations into tangible, operational systems. The development signals a significant step towards unlocking unprecedented capabilities in natural language processing [...]
iQIYI's Q3 2025 earnings beat profit forecasts despite a slight revenue miss. The Chinese streamer showed improved cost control and a focus on overseas growth and AI.
iQIYI (IQ) reported Q2 2025 results with revenue of $925.3M, missing estimates. The company's loss per share was narrower than expected, but a revenue decline drove a negative market reaction.
