金吾财讯 | 百度(09888/BIDU)将于8月20日发布2025年第二季度业绩,市场对其核心业务转型成效及AI驱动的增长潜力保持高度关注。当前,百度正加速推进AI搜索改造,这一过程对核心广告业务形成显著压力。多家券商分析指出,受AI搜索改造影响,百度第二季度核心广告收入预计同比下滑超16%,进而拖累整体利润率。基于此,花旗、汇丰研究、野村、富瑞等多家大行下调百度目标价,大摩、野村、汇丰研究对其...
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