Zheping Huang / Bloomberg:
Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. — Baidu Inc.'s revenue grew at the slowest pace in more than a year, as China's flagging economy put pressure on its core advertising business.