Baidu (BIDU / 9888 HK) Q1 2026 (USD): Revenue 4.65bln (exp. 4.66bln), EPS 12.06 (exp. 11.84); co. says that AI has become the core driver of Baidu

Commentary:  "In Q1, our Core AI-powered Business exceeded half of Baidu General Business revenue for the first time, marking a clear signal that AI has become the core driver of Baidu". "We see AI driving even greater value for Baidu in the quarters ahead". Others: Revenue from Baidu Core AI-powered Business +49% Y/Y. Total revenue of Baidu General Business +2% Y/Y. Autos:"In the first quarter of 2026, Apollo Go, Baidu's autonomous ride-hailing service, delivered 3.2 million fully driverless operational rides with weekly rides peaking at over 350,000 in March. Total rides increased by over 120% year over year".