异动解读11-18
11月18日，百度（BIDU）在美股盘前交易中股价大跌5.08%。这一显著下跌主要源于公司发布的2025年第三季度财报未能达到投资者预期。
财报显示，百度第三季度总营收为312亿元人民币，同比下降7%。更令投资者失望的是，公司录得净亏损112.32亿元，而去年同期为净利润76.32亿元。这一业绩转差主要由于长期资产减值损失所致。
尽管整体业绩不佳，百度在人工智能领域却展现出强劲增长势头。公司首次披露的AI业务收入同比增长超过50%，其中AI云收入增长33%，AI应用收入达26亿元，AI原生营销服务收入更是大幅增长262%至28亿元。然而，这些积极因素似乎未能抵消投资者对公司整体财务表现的担忧。
百度创始人李彦宏在财报中强调了AI为业务带来的变革性价值，特别提到了AI云业务的稳健增长、自动驾驶服务萝卜快跑的全球化扩张，以及AI原生商业化产品带来的快速收入增长。但市场反应表明，投资者可能更关注公司的短期盈利能力和整体财务健康状况。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
