iQIYI swings to Q1 loss on 13% revenue decline
iQIYI (NASDAQ:IQ) swung to an operating and net loss in the first quarter of 2026, driven by a double-digit decline in its top-line performance.
iQIYI (NASDAQ:IQ) swung to an operating and net loss in the first quarter of 2026, driven by a double-digit decline in its top-line performance.
Sohu.com (NASDAQ:SOHU) reported initial top-line revenue expansion for the first quarter of 2026, beating conservative market forecasts as robust multiplayer gaming activity compensated for ongoing structural shifts across the broader Chinese digital advertising landscape.
US authorities are working to extract a small number of Americans from the Democratic Republic of Congo, where a deadly Ebola outbreak caused by the Bundibugyo strain is spreading. On Sunday, the World Health Organization declared the outbreak a public health emergency of international concern. Bloomberg's Jennifer Zabasajja reports.
HIVE Digital Technologies (NASDAQ:HIVE) announced a massive expansion of its high-performance computing footprint, revealing a multi-billion-dollar plan to develop a premier industrial-scale artificial intelligence data center in Ontario.
Group of Seven finance chiefs are meeting in Paris to discuss how oil-fueled inflation risks overshadowing economic prospects. The talks are meant to dwell on imbalances ranging from the US budget deficit to China's weak consumption. Bloomberg's Oliver Crook reports from Paris.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
ast Africa's biggest bank is ramping up efforts to double its regional footprint as the lender looks to diversify revenues. Equity Bank CEO James Mwangi spoke to Bloomberg's Jennifer Zabasajja on the sidelines of the Africa CEO Forum in Kigali, Rwanda.
French Finance Minister Roland Lescure discusses the European economy, the risk of inflation and rising bond yields. Speaking to Bloomberg's Oliver Crook on the sidelines of a meeting between Group of Seven finance ministers in Paris, he says the European economy is "proving quite resilient."
Robotphoenix Intelligent Technology Chairman Sai Zhang shares insights on the company's debut on the Hong Kong Stock Exchange, a major milestone for one of China's leading industrial robotics firms. Zhang also discusses its path to profitability amid elevated investor expectations. He speaks with Yvonne Man and Avril Hong on Bloomberg's The China Show.
BNP Paribas APAC Deputy Head of Global Markets Brian McCappin says clients are repositioning their portfolio to focus more on artificial intelligence beneficiaries, driving the outperformance of North Asia markets. He speaks with Yvonne Man and Avril Hong from the sidelines of the BNP Paribas Global EV and Mobility Conference.
An infrastructure boom is driving significant demand for steel despite escalating geopolitical tensions and rising energy supply chain costs. Jayant Acharya, Joint MD and CEO of JSW Steel, the country's largest steel producer, joined Insight with Haslinda Amin to discuss the company's capital expenditure plans and the broader economic outlook.
China has agreed to buy at least $17 billion of agricultural products annually through 2028, the US said after Donald Trump and Xi Jinping held a major summit in Beijing last week. Bloomberg's Stephen Engle has the details.