CoreWeave, Inc. (NASDAQ:CRWV) is one of the AI Stocks on Market Radar. On September 23, Wells Fargo analyst Michael Turrin upgraded the stock from Equal Weight to Overweight with a price target of $170.00 (from $105.00). In an investor note, the analysts highlighted how Coreweave is poised to benefit from the elevated build cycle and hyperscale industry shortages into 2026. These constraints and shortages create the potential for CoreWeave to win market share. Moreover, CoreWeave is given the opportunity ...

Alibaba (BABA) stock soared to its highest level in almost four years after the e-commerce and cloud giant said it will boost AI spending beyond its original commitment of more than $50 billion, joining the ranks of US Big Tech players' escalating bets on artificial intelligence. US-listed American Depository Shares (ADRs) jumped 8% after CEO Eddie Wu said during a conference in China that a worldwide investment in artificial intelligence is estimated to reach $4 trillion over the next five years, and Ali ...

Core Insights - Alibaba's partnership with Nvidia marks a significant step in its AI strategy, enhancing its cloud platform with advanced robotics software and AI development tools [1][3] - The collaboration positions Alibaba as a leader in AI infrastructure in China, catering to the growing global demand for autonomous systems and intelligent robotics [3][4] - Alibaba's stock has surged approximately 110% year-to-date, reflecting investor confidence in its long-term growth potential [2][4] Company Developments - The integration of Nvidia's technology will allow Alibaba to offer sophisticated applications, including autonomous vehicles and humanoid robots, to its enterprise clients [2][3] - Alibaba Cloud's competitiveness is strengthened against rivals like Tencent and Baidu, aligning with China's strategic goals for AI leadership [4] - The company's cloud division has shown promising growth, with intelligent cloud revenue increasing by 26% year-over-year, supporting its AI initiatives [5] Future Plans - Alibaba is expanding globally with new data centers planned in the Netherlands, Brazil, and France, along with additional facilities in Mexico, Japan, South Korea, Malaysia, and Dubai [6] - The launch of Qwen3-Max, featuring over 1 trillion parameters, positions Alibaba competitively against leading AI models from OpenAI and Google [5]

Joining us now is Ken Gerellski. He is senior internet analyst at Wells Fargo Securities. Ken, uh, it's good to have you here.Maybe we set up by saying why Amazon, maybe AWS have been a little bit sidelined here this year. Concerns about market share, maybe pricing in the cloud business. Why might that turn.>> Yeah. Uh, thank first of all, thanks for having me. Um, and I'd say this is it's been a bit of a tough stretch, right.You've had accelerating industry growth at the same time that Amazon has kind of b ...

Joining us now is Ken Gerellski. He is senior internet analyst at Wells Fargo Securities. Ken, uh, it's good to have you here.Maybe we set up by saying why Amazon, maybe AWS have been a little bit sidelined here this year. Concerns about market share, maybe pricing in the cloud business. Why might that turn.Yeah. Uh, thank first of all, thanks for having me. Um, and I'd say this is it's been a bit of a tough stretch, right.You've had accelerating industry growth at the same time that Amazon has kind of been ...

BREAKING NEWS: Indexes Waver, Investors Seem To Heed Fed Concerns Over Lofty Equity Levels Amazon (AMZN) stock appears to be stuck in the mud, partly because investors fear its cloud business is losing ground like Microsoft (MSFT). But analysts with Wells Fargo expect that the tech behemoth's profit- driving Amazon Web Services will soon see a boost from generative AI. Wells Fargo analyst Ken Gawrelski on Wednesday upgraded his view on Amazon stock to overweight, or buy, from a previous equal-weight. In a n ...

Core Viewpoint - Alibaba Group's CEO Wu Yongming introduced the concept of Super Artificial Intelligence (ASI) during the Cloud Summit, emphasizing a significant investment in AI infrastructure and a vision that extends beyond General Artificial Intelligence (AGI) [1][3]. Investment and Infrastructure - Alibaba plans to invest 380 billion yuan (approximately 53.5 billion USD) over three years to build AI infrastructure, indicating a strong commitment to advancing AI technology [3][4]. - The global AI industry has seen over 400 billion USD in investments in the past year, with projections of cumulative investments exceeding 4 trillion USD over the next five years [3]. AI Development Stages - Wu outlined a three-stage roadmap to achieve ASI: intelligent emergence, autonomous action, and self-iteration, currently positioned in the second stage where AI assists humans [3][4]. - The company aims to create an AI ecosystem akin to Android, focusing on open-source development and building a next-generation AI cloud for global smart computing [4]. Market Position and Competition - Alibaba Cloud holds the leading market share in China and is recognized as one of the few companies capable of vertical integration in AI infrastructure and cloud computing [6][8]. - The company emphasizes its international strategy, aiming to compete globally while downplaying domestic rivals [6][7]. Technological Advancements - Alibaba Cloud released seven new AI models, including the Qwen3-Max, which boasts a pre-training data volume of 36 trillion tokens and over a trillion parameters, showcasing advanced coding and tool-calling capabilities [8][9]. - The performance of these models positions Alibaba among the top tier globally, with significant scores in various AI benchmarks [8][9]. Future Outlook - The industry is experiencing rapid investment and innovation, with no visible limits to the capabilities of AI models, indicating a competitive landscape where Alibaba is positioned to benefit significantly from AI advancements [9].

Group 1 - Oracle is looking to raise $15 billion through corporate bond sales, potentially including a 40-year bond [1] - The company recently signed a significant deal with OpenAI to provide $300 billion worth of compute resources [2] - Oracle is also in discussions with Meta regarding a $20 billion compute deal [2] Group 2 - Safra Catz is transitioning from CEO to executive vice chair of Oracle's board after 11 years, with Clay Magouyrk and Mike Sicilia appointed as co-CEOs [3]

Core Viewpoint - Baidu's stock prices have surged over 50% since September, driven by advancements in AI businesses, particularly Baidu Intelligent Cloud, which has launched a significant support program for AI startups [1][6][9]. Group 1: Stock Performance - Baidu's Hong Kong stock price rose from a low of 90.8 HKD to a high of 138.4 HKD, while its US stock price increased from 92.6 USD to 141.6 USD [1]. - The stock price increase reflects strong market expectations regarding Baidu's AI capabilities and business growth [12]. Group 2: AI Investment and Support Program - On September 23, Baidu launched the first phase of its AI Venture Acceleration Program, offering substantial support to selected AI startups, including billion-level computing subsidies and access to industry resources [1][4]. - The program aims to bridge the gap between startups, capital, and industry scenarios, facilitating the commercialization of technology [6][8]. Group 3: Business Growth and Revenue - Baidu's non-online marketing revenue reached 31.7 billion CNY, a 12% year-on-year increase, primarily driven by AI cloud services [7]. - In Q1 of this year, Baidu Intelligent Cloud's revenue growth accelerated to 42%, following a 26% increase in Q4 of the previous year [8]. - AI-driven new business revenue, including intelligent cloud services, exceeded 10 billion CNY for the first time, marking a 34% year-on-year growth [9]. Group 4: Competitive Position and Market Share - Baidu Intelligent Cloud has ranked first in the AI public cloud service market for six consecutive years, with a leading position in the large model platform market [10]. - The company's competitive advantage lies in the synergy between software and hardware, enhancing the efficiency of AI technology deployment [10][12]. Group 5: Strategic Partnerships and Future Plans - Baidu has secured a significant order for AI computing devices from China Mobile, indicating strong demand for its AI solutions [12]. - The company plans to expand its AI Venture Acceleration Program to include 40 startups and establish regional acceleration centers to foster localized ecosystems [6][8].

[Music] We're back on Morning Trade Live. Let's focus on Alibaba. The stock hitting a new three-year high today after CEO Eddie Wu said he expects the company's AI focus spend to increase above the company's previous $53 billion target.Alibaba also announcing that it plans to integrate Nvidia's suite of AI development tools into its cloud software platform. So, we have got Alibaba shares soaring today after a stellar night over in Hong Kong. up 9 1/2% that is also helping lift the likes of BU Pindo up 2 1/2 ...