《大行》花旗升百度(BIDU.US)目标价至143美元 云业务收入加速增长

阿斯达克财经
Aug 21, 2025

花旗发表报告指,百度-SW(09888.HK) (BIDU.US)  2025年第二季度云业务收入按年增幅放缓至27%(相较2025年第一季度的42%),核心广告收入跌幅扩大至按年降15%(相较第一季度降6%),反映AI转型对收入结构与利润率的影响扩大。截至6月底,超过50%的移动搜索结果包含AI生成内容,较4月底的约35%占比有所提升。展望2025年下半年,随着7月AI生成内容比例进一步升至...

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