Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 21, it was announced that United Launch Alliance (ULA) is now targeting December 15 for the Leo Atlas 4 (LA-04) mission. Named LA-04 for Amazon’s fourth launch on an Atlas V rocket, the mission would be sending another 27 satellites to low Earth orbit. This will result in bringing the total number of Amazon Leo spacecraft launched to date to 180 satellites. Is Amazon.com (AMZN) One of The Best Qu ...

Alibaba Group Holding Limited (NYSE:BABA) is one of the Chinese tech stocks to buy now. On November 17, Citi analysts said they consider the White House memo, which alleges ties between Alibaba Group Holding Limited (NYSE:BABA) and the Chinese military, as a short-term overhang on the company’s stock rather than a long-term risk. Accordingly, the analysts reiterated a Buy rating on Alibaba shares and maintained the $218 price target. In the analysts’ view, any potential selloff stemming from the memo is a ...

BREAKING: Futures Rise After Market Holiday Higher and higher they went, with shares of tech giants Amazon (AMZN), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Meta Platforms (META) and Oracle (ORCL) riding the excitement over artificial intelligence. But a rocky month for AI stocks spooked by fears of a bubble has triggered a shakeout among the hyperscalers. Google is surging and Amazon is bouncing back. But Microsoft stock has stumbled from October highs and Meta has slumped. Oracle has tumbled more ...

Core Insights - Google is reportedly in discussions to sell AI chips to Meta, indicating a strategic move in the competitive AI chip market [1] - Alibaba Group's stock experienced a significant increase following the announcement of stronger-than-expected revenue, despite a 71% decline in earnings year-over-year [1] - The growth in Alibaba's cloud services is attributed to its momentum in AI, suggesting a positive outlook for the company's future performance [1] Company Performance - Alibaba reported an adjusted earnings figure of 4.36 yuan per American depositary share for the quarter ending in September, which is below the previous year's 6.03 yuan [1] - The decline in earnings highlights potential challenges for Alibaba, even as revenue growth remains strong [1] Market Reactions - The stock market reacted positively to Alibaba's AI-related news, with analysts raising targets for the company's stock [4] - Nvidia's stock fell in response to the news about Google's AI chip discussions, reflecting the competitive pressures in the tech sector [2]

Core Viewpoint - Citigroup maintains a "Buy" rating for Alibaba and raises the price target from $218 to $225, indicating confidence in the company's future performance [2][5]. Company Overview - Alibaba Group Holding Limited is a leading e-commerce and technology company based in China, competing with tech giants like Amazon and Tencent [1]. - The company's market capitalization is approximately $364.06 billion, reflecting its significant presence in the tech industry [4][5]. - Alibaba has a trading volume of 27.06 million shares on the NYSE, highlighting its active market participation [4][5]. Stock Performance - Despite a recent decrease of 2.31% or $3.72, Alibaba's stock has shown resilience, trading between $156.15 and $166.37 [2]. - Over the past year, the stock has fluctuated between a high of $192.67 and a low of $80.06 [2]. Strategic Initiatives - Alibaba's CEO, Eddie Wu, expresses optimism about the AI market, noting that demand for AI is outpacing the global supply of chips [3]. - In response to the growing AI demand, Alibaba plans to invest aggressively in AI, which aligns with Citigroup's positive outlook and increased price target [3][5].

Core Insights - Ark Invest continues to increase its holdings in crypto-related equities and major tech stocks, including a significant purchase of over 174,000 shares of Alphabet valued at more than $56 million [1] - The firm also invested $3.75 million in Coinbase, $7 million in Circle, and nearly $2 million in its own Bitcoin ETF, ARK 21Shares Bitcoin ETF [1] Company Performance - Alphabet's shares have risen over 8.9% in the last five trading sessions and more than 22% in the past month, currently trading at $319.11 [2] - The overall market cap of Alphabet has reached $3.816 trillion, reflecting a nearly 90% increase in the last six months, surpassing the entire crypto ecosystem [3] Investment Strategy - Ark Invest has also added $29.4 million in CoreWeave and $21.5 million in Meta, indicating a strong focus on AI and cloud computing sectors [3] - Despite concerns about potential bubbles in AI valuations, Ark Invest maintains a bullish outlook, contrasting current conditions with the tech and telecom bubble of the past [4] Market Context - The uncertainty surrounding AI valuations and macroeconomic factors has caused fluctuations in broader markets, yet Ark Invest remains committed to its purchasing strategy [5] - Recent acquisitions include positions in Coinbase and BitMine Immersion Technologies, as well as increased investments in Circle following a drop in its trading levels [6] Future Outlook - Cathie Wood has revised her 2030 Bitcoin price forecast to $1.2 million per coin, down from $1.5 million, due to the rapid rise of stablecoins [6]

Core Viewpoint - Amazon's cloud and AI sectors are experiencing significant growth, which is being overlooked by the market following a recent stock pullback. The company's strong performance in Amazon Web Services (AWS) and partnerships with firms like Anthropic and OpenAI are key drivers of this momentum [1][2]. Group 1: AWS Performance and Growth - AWS has reported its fastest growth in nearly three years during the third quarter, indicating a robust demand for its services [2]. - The backlog for AWS grew by 22% year-over-year to $200 billion, with more bookings in October than in the entire third quarter, showcasing strong future demand [7]. Group 2: Partnerships and Strategic Initiatives - Amazon is expanding its partnership with Anthropic through Project Rainier, doubling Anthropic's access to Trainium 2 chips from about 500,000 to over one million by year-end, which is expected to generate around $9 billion in annual AWS revenue [6]. - A newly announced partnership with OpenAI includes a $38 billion, seven-year commitment to scale workloads on AWS infrastructure, further solidifying AWS's market position [7]. Group 3: Upcoming Developments and Expectations - The upcoming re:Invent conference is anticipated to provide important updates on AWS's AI strategy, including the timing and performance of the Trainium 3 AI chip, which is projected to deliver 40% better price-performance than its predecessor [4][5]. - Anmuth expects AWS growth to accelerate in 2026, potentially surpassing Microsoft Azure in quarterly revenue gains starting early 2026 [8]. Group 4: Investment Outlook - JP Morgan analyst Doug Anmuth maintains an Overweight rating on Amazon, projecting a price target of $305, and recommends buying the stock following its post-earnings dip, viewing it as a top pick for the upcoming year [1][9]. - Fourth-quarter revenue is projected at $212.67 billion with an adjusted EPS of $2.76, indicating strong financial performance [10].

Industry Overview - The global cloud computing market is projected to reach approximately $1.9 trillion by 2030, with an estimated compound annual growth rate (CAGR) of 18.7% driven by the adoption of artificial intelligence and machine learning across various industries [1] - Enterprises are increasingly migrating core workloads to the cloud, indicating a sustained demand for scalable cloud capacity over the long term rather than a temporary spike [2] Company Focus: Amazon - Amazon is significantly entrenched in the cloud computing shift, operating around 900 cloud facilities across approximately 50 countries, which contributes to its growing dominance in cloud workloads [3] - Amazon's market capitalization stands at roughly $2.42 trillion, with a year-to-date gain of about 5% and a 52-week return of 11%, reflecting a recent share price of around $230 as of November 26 [5] - Amazon's valuation metrics are above sector averages, with a trailing P/E of approximately 31.96x and a forward P/E of 30.79x, compared to sector medians of about 15.68x and 17.18x, indicating a premium valuation as the company is viewed beyond just an online retailer [6] Financial Performance - In the third quarter ending September 30, Amazon reported net sales of about $180.2 billion, representing a 13% year-over-year increase, with a 12% growth rate when excluding currency effects, highlighting strong demand across its platforms [7] - Amazon Web Services (AWS) is a key growth driver, with segment sales increasing by 20% to approximately $33 billion, and AWS's operating income improved to $11.4 billion from $10.4 billion, underscoring the importance of cloud and AI workloads in Amazon's overall investment narrative [8]

Hello and welcome to Morning Brief Market Sunrise. I'm Ramzan Carmali live from Yahoo Finance Studios in London. It's Wednesday, 26th of November.Coming up on the show, Kevin Hasset emerges as the front runner to become the next Fed chair. HP announces big job cuts due to AIdriven initiatives. and the Trump administration slashes the price of ampic and wiggoi drugs for those on Medicare.So grab your coffee and let's own the morning. For our top story, we're going to focus on the Fed. First up, it's emerged ...

Summary of Alibaba Group (BABA) Conference Call Company Overview - **Company**: Alibaba Group (BABA) - **Market Cap**: $385.8 billion - **Price Target**: $197.00 (12-month) with current price at $160.73, indicating an upside of 22.6% [6][1] Key Industry Insights - **Cloud Growth**: Alibaba's cloud segment reported a growth of 34% year-over-year (yoy), with internal cloud revenue growth at 53% yoy and external at 29% yoy, surpassing the overall growth estimate of 31% [2][26] - **AI CapEx**: Capital expenditures (CapEx) increased by 80% yoy to Rmb32 billion, contrasting with Tencent's decline in CapEx, indicating Alibaba's aggressive investment strategy in AI infrastructure [2][27] - **eCommerce Performance**: eCommerce CMR growth was reported at 10% yoy, with underlying profits showing slight growth despite a decline in group EBITA by 78% yoy [1][20] Financial Performance Highlights - **EBITDA**: Projected EBITDA for FY26E is Rmb142.5 billion, down from previous estimates due to slower CMR growth [6][12] - **Net Income**: Adjusted net profit forecasts for FY26E-FY28E were revised down by 12% to +4% due to slower CMR growth and increased reinvestments in eCommerce [22][30] - **Quick Commerce Losses**: Estimated losses for quick commerce are expected to narrow to Rmb23 billion in the December quarter, down from Rmb36 billion in September [20][29] Strategic Focus Areas - **AI and Cloud Strategy**: Alibaba aims to enhance its AI capabilities and cloud services, with AI revenues now constituting 20% of external revenues, showing triple-digit growth for nine consecutive quarters [2][26] - **User Experience in Quick Commerce**: The company is focused on improving user experience and aims to generate an additional Rmb1 trillion in GMV over three years [29][30] - **Competitive Landscape**: Management expressed concerns over increased competition in the eCommerce sector, leading to a forecasted moderation in CMR growth to 6% for the upcoming quarters [20][30] Risks and Challenges - **Market Competition**: The eCommerce market remains highly competitive, with potential GMV share losses to rivals like Douyin and Pinduoduo [25][32] - **Geopolitical Risks**: Concerns regarding foreign chip supply and geopolitical tensions could impact Alibaba's operations and growth [25][32] - **Execution Risks**: There are risks associated with the execution of strategic investments and the potential for slower-than-expected monetization in China retail [32][32] Conclusion - **Investment Recommendation**: Maintain a "Buy" rating on Alibaba Group, with a focus on its AI and cloud growth potential, despite challenges in the eCommerce segment [1][22] - **Valuation Scenarios**: The base case valuation is set at $197, with a bull case of $267 and a bear case of $134, reflecting varying expectations of growth and market conditions [33][34]