Baidu Misses Q2 Revenue Estimates as Ad Weakness Offsets Strong AI Growth
Baidu’s Q2 revenue fell 4% to RMB 31.33B, missing estimates. Online ads dropped 19% while AI Cloud Infra surged 50% and GPU Cloud jumped 283%.
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Boeing Stock Reacts to Apache Fleet Stand-Down; Long-Term Outlook Tied to 2026–2028 Deliveries
Army ends Boeing Apache grounding after Texas crash. Flights resume this week. Long-term outlook driven by commercial jet deliveries and growth.
Xos Wins First U.S. Air Force Contract, Enters Defense Market
Xos secures its first U.S. Air Force contract to build a military-grade Xos Hub mobile charging system, marking its entry into defense.
Amylyx to Reveal Phase 3 LUCIDITY Results for Avexitide Tomorrow – Stock Jumps on Clear Timeline
Topline data from Amylyx’s Phase 3 LUCIDITY trial of avexitide for PBH arrives August 18. Prior results and unmet need fuel optimism.
B. Riley Keeps Buy on 4D Molecular After EyePoint’s Phase 3 Miss
4D Molecular gains support as B. Riley views EyePoint’s Phase 3 setback as favorable for its lead gene therapy candidate 4D-150.
Wolfpack Shorts Flotek: $400 Million Contract Canceled Amid Scandal Involving a Convicted Felon
Wolfpack Research goes short Flotek after a $400M PREPA contract was canceled amid an unauthorized signature and felon red flags. Company still hasn’t told investors.