“当前核心问题在于市场分歧显著。泡泡玛特过往增速过快，如今可能由高速增长转为低速成长，不少人甚至预期会出现负增长。他们认为去年情绪达到顶峰，因大量黄牛囤货叠加多重利好才实现如此亮眼业绩。”她如是说。
莫斯科州梅季希居民楼爆炸致1人死亡02:09
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This may represent market overreaction, similar to Nvidia's decline after Deepseek's announcement. Alternatively, it may signal fundamental shifts in AI lab economics and resource requirements. If possessing competitive advantage, Google would likely withhold such research. Publication suggests competitors may have already achieved similar progress or adopted TurboQuant internally before external paper release.
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