业绩前瞻：我们预计百度集团25Q2 总收入同比下降4.2%至325.2 亿元，百度核心总收入同比下降3.6%至257.2 亿元。我们预计百度集团25Q2 核心非GAAP 下经营利润40.3 亿元，同比减少42.5%，经营利润率15.7%；百度集团25Q2 非GAAP 净利润41.9 亿元，净利率12.9%。高利润率的广告业务承压，集团业绩处于底部。1、在线营销业务：业绩承压下Q2 百度AI 搜索...
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