Baidu’s stronger-than-expected outlook validates AI push.
- #Baidu Inc. forecast sales that topped estimates as efforts by China’s internet search leader to diversify into the cloud and artificial intelligence businesses start to pay off.
- #BlackRock, with $7.8 trillion under management, is the latest institutional financial player entering the #crypto space.
- World #stocks were battling to avoid a second day of declines as hints of rising inflation led by a one-year high in #oil prices and the strongest copper prices in nearly a decade kept traders in check.
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