高盛认为,字节跳动在AI、电商与本地服务的全面突破,正倒逼阿里、腾讯等巨头加码To-C AI,围绕“AI超级入口”展开正面竞争,同时死守核心市场。行业逻辑由普涨转向分化,盈利交付、AI应用与出海以及股东回报成为新主线。估值仍具优势,但阿尔法机会集中于能把AI转化为EPS的公司。高盛认为,2026年将是中国互联网巨头的战略转折年——企业将加大AI面向消费者的投资,围绕 “AI超级入口” 展开竞争,...
Source Link高盛认为,字节跳动在AI、电商与本地服务的全面突破,正倒逼阿里、腾讯等巨头加码To-C AI,围绕“AI超级入口”展开正面竞争,同时死守核心市场。行业逻辑由普涨转向分化,盈利交付、AI应用与出海以及股东回报成为新主线。估值仍具优势,但阿尔法机会集中于能把AI转化为EPS的公司。高盛认为,2026年将是中国互联网巨头的战略转折年——企业将加大AI面向消费者的投资,围绕 “AI超级入口” 展开竞争,...
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