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Yuvi.
$GOOGL 明日业绩能否证明AI没有侵蚀搜索商业模式?广告变现与云业务是观察重点,AI产品使用增长若没有带来更高转化,反而可能增加推理成本。财报和FOMC同日,宏观折现率也会放大反应。若搜索收入、云增长和利润率同时稳健,担忧可缓和;若成本上升快于变现,我会转谨慎。
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