Alibaba reported a mixed fiscal Q4 2026, with revenue up 3% to $35.28 billion but adjusted EBITA down 84% due to heavy investment in AI and cloud expansion. Alibaba Cloud grew 38%, driven by AI products now making up 30% of cloud revenue, while quick commerce surged 57%. Despite short-term losses and increased debt, the company’s strategic focus on AI commercialization and cloud growth supports a bullish 12-month price target of $157.86, implying nearly 12% upside. Risks include continued negative free cash flow and rising debt, but strong buyback plans and market position in AI cloud provide confidence in long-term growth.
Following President Trump's China visit, Nvidia secured a deal to sell AI chips to Chinese firms, signaling a potential market reopening. However, Chinese regulators quickly imposed tighter scrutiny on Nvidia's products, reflecting Beijing's cautious...
US export controls on Nvidia’s AI chips aimed to slow China’s tech progress but instead accelerated China’s push for semiconductor independence. China’s self-sufficiency in AI chips rose to 41% in 2024 and is expected to reach 85% by 2028, reducing r...
Alibaba Group reported strong Q4 results with its Cloud Intelligence Group showing accelerated sequential growth and AI revenues increasing triple digits for the eleventh straight quarter. While its e-commerce segment, which makes up about 65% of rev...
SpaceX plans to go public on June 12 with a valuation potentially reaching $1.75 trillion, making it one of the largest IPOs ever. While this offers retail investors a rare chance to own a leading space company, history shows that nearly 64% of IPOs ...
Cerebras Systems' IPO surged 65% but lacks financial fundamentals, making it risky compared to Alibaba's established AI and cloud business. Alibaba reported strong fiscal Q4 2026 results with $6 billion in cloud revenue growing 38% YoY and AI product...
