We recently published Analysts Are Talking About These 10 Stocks as AI Investments Continue to Grow. Alphabet Inc (NASDAQ:GOOG) is one of the stocks analysts were recently talking about. Mark Mahaney, Evercore ISI head of internet research, said in a recent program on CNBC that Alphabet Inc (NASDAQ:GOOG) is positioned well to gain following the recent court ruling that the company will not need to sell its Chrome business. The analyst explained why he believes the stock is undervalued: “First the core ca ...

Group 1: Investment Trends - Net purchases of Alibaba reached 35.57 billion, Tencent 14.94 billion, and Xiaomi 9.95 billion, while net sales included 57.83 billion from the Tracker Fund and 8.15 billion from China Mobile [1] - Southbound funds have continuously net purchased Alibaba for 27 days, totaling 753.5489 billion HKD, and Tencent for 4 days, totaling 60.4899 billion HKD [1] Group 2: Stock Performance - Alibaba's stock increased by 4.1% with a net purchase of 16.60 billion, while Xiaomi's stock decreased by 2.0% with a net purchase of 4.23 billion [4] - Tencent's stock rose by 2.5% with a net purchase of 12.64 billion, while Ideal Auto's stock fell by 1.6% with a net purchase of 6.05 billion [4] Group 3: Company Updates - Morgan Stanley reiterated an "Overweight" rating for Alibaba, raising the ADR target price from 165 USD to 200 USD, expecting growth in Alibaba Cloud and international strategy [6] - Goldman Sachs raised the target price for SMIC to 95 HKD and increased long-term profit forecasts [6] - Meituan announced the launch of its international food delivery brand Keeta in Dubai, marking its third market entry in the Middle East within 40 days [7]

科技普惠："零门槛"背后的教育温度 当"科技向善"从腾讯的企业愿景演变为社会各界关注的教育命题，一场跨越各个阶段青少年、公益开放的科技教育行动正在落地。 10月，腾讯青科实训营十大线上主题营陆续开启，涵盖AI小程序开发、AIGC创作、游戏客户端等热门方向，满足不同学生的科技兴趣点。在这里，前沿技 术成为每个普通人触手可及的成长工具，教育公益演化为一场"双向奔赴"的能力唤醒体验。 这个名为"月满中秋·AR明信片"的项目，正是本次腾讯青科实训营Mini鹅线上营地中最受欢迎的项目之一。 无需编程基础，30分钟即可通过拖拽交互完成创作；所有完成作品的青少年都能获得官方认证的电子证书，优秀作品还有机会在腾讯青科实训官网展出。 热点共振：当"科技向善"照进现实 "双减"政策背景下，如何为青少年提供"有营养"的非学科类成长选择？ 腾讯青科实训十月十营聚焦的AIGC创作、AI小程序开发等方向，既是教育部"义务教育信息科技课程标准"中明确要求的核心能力，又能通过"做中学"激发 青少年的好奇心与创造力。 "没想到不用报班，在线就能学做跳出屏幕的3D贺卡！"初中生小林举着手机向同学展示他的AR作品——一只抱着胡萝卜的3D月兔从屏幕 ...

Core Viewpoint - Alibaba's stock price increased over 3.7% in pre-market trading, reaching $178.28, following a target price upgrade by Morgan Stanley to $200 and a reaffirmation of the "Overweight" rating [1] Group 1: Analyst Ratings and Price Target - Morgan Stanley raised Alibaba's ADR target price from $165 to $200, indicating a positive outlook for the company [1] - The firm maintains an "Overweight" rating on Alibaba, suggesting confidence in the company's growth potential [1] Group 2: Business Growth Projections - Alibaba is expected to benefit from accelerated growth in its cloud business, increased capital expenditures, and the advancement of its internationalization strategy [1] - The growth forecast for Alibaba's cloud business for fiscal years 2026 and 2027 has been revised upward from 30% to 32% and 40%, respectively [1] Group 3: AI Developments - Alibaba's Tongyi models have been recognized in the latest model rankings by Hugging Face, with seven models making it to the global top ten open-source models [1] - The newly released multimodal model Qwen3-Omni topped the rankings, highlighting Alibaba's advancements in AI technology [1]

Core Viewpoint - The company is focusing on five key AI-driven businesses and aims to unlock hidden asset value through various strategies, supported by strong cash reserves [1][2]. Financial Health - As of June 30, 2025, the company's cash and cash equivalents amount to 234.3 billion yuan, with a net cash position of 150.6 billion yuan after deducting interest-bearing liabilities [1]. - Including equity investments, the liquid net cash portion is estimated at 184.3 billion yuan [1]. AI-Driven Business Valuation - The five AI-related businesses are expected to contribute significantly to the company's valuation: 1. Robotaxi, valued at approximately 200 billion yuan, is a global leader in autonomous driving [2]. 2. AI commercial products are projected to generate at least 10 billion yuan in revenue by 2025, with a valuation of 40 billion yuan [2]. 3. AI-driven SaaS software within the ecosystem is expected to have an annual revenue of about 10 billion yuan, valued at around 40 billion yuan [2]. 4. Baidu Intelligent Cloud is anticipated to achieve high-quality revenue growth, with a valuation of 76 billion yuan [2]. 5. Kunlun Chip, Baidu's self-developed AI chip, is expected to be valued at approximately 95 billion yuan [2]. Unlocking Valuation - The company plans to unlock its valuation through financial disclosures, expanding the investor base, enhancing shareholder returns, and capital operations to activate hidden asset value [2]. Earnings Forecast and Valuation - The company maintains its revenue and profit expectations for 2025 and 2026, raising target prices for US and Hong Kong stocks by 91% to 189 USD and 183 HKD, respectively [2]. - The target valuations correspond to 27 times and 23 times the non-GAAP P/E ratios for 2025 and 2026, indicating potential upside of 38% and 35% from current levels [2].

未来，双方将聚焦智能化与全球化，共同推进智能驾驶与智能座舱创新，强化AI技术与企业数字化融 合，为用户带来更智能、便捷的出行体验，全面提升研发与运营效率，增强在全球市场的综合竞争力。 腾讯集团高级执行副总裁、云与智慧产业事业群CEO汤道生表示，未来，腾讯将以云、图为基，持续开 放核心能力，与东风汽车共同探索创新的技术模式和应用场景。 东风汽车与腾讯自2019年达成战略合作以来，已在多个领域取得重大进展。例如，腾讯助力东风汽车旗 下品牌岚图构建数字化营销体系，岚图依托微信生态实现了用户直连和运营；腾讯也与东风汽车研发总 院合作，推动腾讯生态与微信社交场景上车。 扬子晚报网讯（记者 徐晓风）9月28日，东风汽车与腾讯签署战略合作协议。双方将深度整合各自核心 优势，携手打造高质量、合规的智能驾驶数据闭环平台，加速东风汽车在智能驾驶方面的开发进程，推 动东风汽车"一核双基双元"智能化体系及国际化跃迁战略落地。 东风汽车董事长、党委书记杨青表示，当前汽车产业正经历百年未有之大变革，如何打得赢、如何战胜 竞争对手，关键在于深刻洞察汽车行业未来发展趋势，将前沿科技与用户需求深度融合。此次与腾讯深 化战略合作，正是要共同探索 ...

Key TakeawaysVolkswagen Group (VWAGY) is revamping its India strategy amidst a significant $1.4 billion import tax dispute and intensifying market competition.The New Zealand Dollar (NZD) strengthened past 0.5750 against the US Dollar (USD) as concerns over a potential US government shutdown grew, impacting global currency markets.China is advancing its digital influence by proposing a comprehensive cyber cooperation plan with African nations at the Sino-Africa Internet Forum.Major Chinese oil ports are int ...

September 23, 2025 02:00 PM GMT Internet | North America Where Are We Trading Now: Through Agentic Headlines and Fed Cuts Internet names rose +4% last week (SPX/NDX +1%/+2%) led by GOOGL +6% and META +3% (Connect event), with AMZN +1%. SNAP +11% (TikTok news), LYFT +21% (Waymo deal), DUOL -6% (3P data), CHWY +11%, and APP +12%. AMZN/GOOGL/META 29X/24X/24X '26 EPS (-5%/+31%/+1% vs TTM avg). | M | | | | | --- | --- | --- | --- | | Update | | | | | September 23, 2025 02:00 PM GMT | Internet North America | Mor ...

on 26-Sep-2025 26 September 2025 China Emerging Internet Baidu: Search, AI Cloud, Robotaxi...A mini-primer on Baidu's key businesses and how much can they be worth today Boris Van +852 2123 2617 boris.van@bernsteinsg.com Ting Ming Neo +852 2123 2554 tingming.neo@bernsteinsg.com Baidu's stock has seen a re-rating of late driven by a more positive tone from the company around capital structure and unlocking value within the Group. Specifically the company talked about exploring capital actions (ie listing) of ...

Group 1 - The core issue is that the UC platform failed to fulfill its responsibility for managing information content, leading to the display of extreme and sensitive topics on its trending list, which includes issues related to online violence and minors' privacy [2] - The National Cyberspace Administration of China has guided the Guangdong Provincial Cyberspace Administration to take measures against UC, including interviews, deadlines for corrections, warnings, and stricter penalties for responsible individuals [2] - UC has established a special task force to address the rectification requirements and is committed to improving its trending list management and ecological governance mechanisms [4]