Meta再次交出了意料之内的亮眼财报,不愧为AI优等生。此外其也上调了资本开支预期,忽略关税影响,对于依赖顺周期的广告业务的meta来说,这份答卷算是不错。展望未来,我们认为Meta依旧会是AI浪潮中受益一员,其AI货币化做得非常好,依靠强大的客流和助手创造了自己的生态系统。不过,未来广告增速放缓以及资本开支对利润的挤压需要多头注意。具体来看,Meta2025一季报主要财务数据如下:01利润表现...
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