高盛认为,本轮美股财报季呈现企业基本面强劲与“AI焦虑”严重背离的特征。市场定价被AI叙事主导,核心聚焦三大现象:一是AI生产力讨论热烈但量化落地极少;二是AI引发就业冲击隐忧,部分企业克制招聘;三是科技巨头AI资本开支预期爆炸式增长。此外,K型经济分化担忧实被夸大。这是一个基本面与市场情绪严重背离的财报季。高盛认为,本轮财报季的核心矛盾在于:企业基本面的强劲与市场对AI颠覆的恐慌之间存在显著背离...
Source Link高盛认为,本轮美股财报季呈现企业基本面强劲与“AI焦虑”严重背离的特征。市场定价被AI叙事主导,核心聚焦三大现象:一是AI生产力讨论热烈但量化落地极少;二是AI引发就业冲击隐忧,部分企业克制招聘;三是科技巨头AI资本开支预期爆炸式增长。此外,K型经济分化担忧实被夸大。这是一个基本面与市场情绪严重背离的财报季。高盛认为,本轮财报季的核心矛盾在于:企业基本面的强劲与市场对AI颠覆的恐慌之间存在显著背离...
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