Cloud computing

JPMorgan

2026-08-25 05:56:51

JPMorgan says U.S. stocks can keep grinding higher into year-end, led by sector rotation

JPMorgan strategist Fabio Bassi said U.S. equities still have room to move higher through the end of the year, though gains are likely to depend more on sector rotation than on a broad rise across all risk assets. The bank kept a constructive stance on stocks and said it favors high-quality growth names, cloud computing leaders, and semiconductor shares that have already been repriced. The view comes as U.S. market action has become more selective, with volatility picking up in the Nasdaq and the Philadelphia Semiconductor Index. Some of the strongest earlier winners tied to the AI trade have also faced concentrated selling. According to JPMorgan, that shift does not necessarily signal the end of the bull market. Instead, it may reflect capital moving out of crowded trades and into areas with clearer earnings visibility and valuations that can better absorb current conditions. The bank also interpreted rising long-dated Treasury yields as a sign that capital demand and investment opportunities are increasing, particularly as AI infrastructure, power grids, data centers, and cloud computing continue to attract heavy spending.

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CITIC Securit

2026-08-25 00:36:23

CITIC Securities says OpenAI price cut may lift inference computing demand

A research note cited by ChainCatcher on Aug. 25 said OpenAI cut the price of GPT-5.6 SolAPI by more than 20% on Aug. 21, lowering the cost of calling high-performance models. According to CITIC Securities, the move could increase usage in high-token scenarios such as agents and code generation, which in turn may keep driving demand for inference-side computing power. The note also pointed to Alibaba’s latest quarterly results, saying AI Cloud and Compute Services revenue reached about 48.4 billion yuan, up 45% year over year, while revenue from AI-related products has posted triple-digit growth for 12 straight quarters. In the brokerage’s view, those figures show AI demand is moving more quickly toward commercial monetization. The report said it remains positive on supply-chain opportunities tied to large-model commercialization and rising computing demand, including optical modules, servers, liquid cooling, and cloud computing.

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Alibaba

2026-08-20 18:33:52

Alibaba Revenue Rises 9% on AI and Cloud Strength, but Profit Pressure Weighs on Shares

Alibaba reported fiscal first-quarter revenue of 268.95 billion yuan, or about $40 billion, up 9% from a year earlier and slightly above analyst expectations of 268.88 billion yuan. The result marked the company’s fastest quarterly growth pace in roughly three years, with cloud and AI doing most of the heavy lifting. Alibaba Cloud’s external revenue growth accelerated to 45%, while AI-related product revenue reached 12.38 billion yuan, its 12th straight quarter of triple-digit year-over-year expansion. CEO Eddie Wu said in the company’s earnings statement that the quarter reflected better commercialization of Alibaba’s full-stack AI strategy. Investors focused just as much on the cost side. Capital expenditure climbed 75% to 67.7 billion yuan, which Alibaba linked mainly to rising chip prices and a broader buildout of computing capacity as AI demand runs ahead of supply. Bloomberg reported that free cash flow swung to an outflow of more than $6.6 billion during the quarter. Alibaba’s U.S.-listed shares fell around 5% shortly after the open before trimming losses by midday. The company is also leaning further into distribution of its Qwen models, including the release of Qwen 3.8-Max as open weights and a push tied to Apple’s rollout of Apple Intelligence on Chinese iPhones.

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Thrive Capita

2026-08-14 14:38:10

Thrive Capital puts about $215 million into Amazon stock to expand AI and cloud exposure

Thrive Capital, the venture firm founded by Joshua Kushner, has bought roughly $215 million worth of Amazon shares, extending its push into public-market investments. A regulatory filing shows the position gives Thrive exposure to Amazon’s growth opportunities in artificial intelligence, including agentic AI shopping tools and AI computing infrastructure services for enterprise customers. Earlier this month, Amazon’s market value topped $3 trillion for the first time, making it the fifth company in the world to reach that level. Investors have kept a close watch on the company’s prospects in generative AI, cloud computing and AI-driven e-commerce. Thrive is best known for backing early-stage technology companies such as SpaceX, Stripe and OpenAI, but it has been adding more listed companies in recent years, including Figma, StubHub and Oscar Health. Earlier this year, the firm also told investors it had invested about $100 million in Shopify shares, citing a new wave of e-commerce growth driven by AI technology. Bloomberg reported the development.

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Market Analys

2026-08-14 11:46:03

Top 5 stocks in focus this week: AI cloud names climb as SpaceX lockup and Unitree IPO draw attention

Market attention this week stayed fixed on AI compute, cloud order visibility and embodied intelligence themes, according to BlockBeats. CoreWeave and Nebius led the list of the five most-watched stocks after posting strong quarterly numbers and improved order expectations. CoreWeave rose about 20.41% for the week as its second-quarter revenue reached $2.58 billion, nearly doubling year over year, while backlog expanded to $104 billion. Nebius gained about 34.20% after reporting $582.3 million in Q2 revenue, up 454% from a year earlier, and adjusted EBITDA of $236.2 million, alongside higher targets for AI cloud orders and power capacity. SanDisk also drew renewed investor interest after setting medium- to high-double-digit revenue growth targets for FY28 to FY30 and gross margin near 80% at its investor day, helping the stock rise about 16% in a single session. Outside the listed AI names, SpaceX remained in focus ahead of its second share unlock next week, while Unitree’s STAR Market IPO subscription results were released on Aug. 14, with fundraising of about 4.202 billion yuan and a valuation above 40 billion yuan.

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Cerebras

2026-08-13 14:16:24

Cerebras shares drop after hardware sales miss, even as cloud revenue overtakes chips

Cerebras Systems reported strong top-line growth for the second quarter of 2026, but investors focused on a sharp decline in hardware revenue that raised new questions about the consistency of its core chip business. The company posted GAAP revenue of $180.1 million, up 74% year over year, while non-GAAP core revenue reached $210 million, up 103%. Hardware revenue fell 23% to $54.1 million from $70.3 million a year earlier, while cloud computing and other services surged to $126.0 million, up 281%, making cloud the company’s largest revenue stream for the quarter. Cerebras raised both third-quarter and full-year guidance. It expects third-quarter core revenue of $214 million to $216 million, above the $212 million consensus, with core gross margin of 38% to 40%. Full-year 2026 core revenue is now projected at $880 million to $890 million, up from prior guidance of $855 million to $865 million. Still, the market reaction was negative. Shares fell as much as 17% after hours, after closing Wednesday up 11.6%. The earnings release also highlighted the company’s strategic shift toward AI inference services. Cerebras said its systems can support OpenAI’s GPT-5.6 Sol at 750 tokens per second, and that it is working with AMD on a disaggregated inference offering expected to enter production in the fourth quarter of 2026, with Amazon Bedrock integration planned for the first quarter of 2027.

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Tianfeng Secu

2026-08-13 07:35:18

Tianfeng Securities says earnings season has undercut bearish AI calls and revived the bull case

Hong Kong-based Tianfeng Securities’ overseas technology research team says the latest round of quarterly results across the AI supply chain has strengthened the case for an AI bull market comeback. In its review, the firm argued that cloud growth has reaccelerated, demand for compute continues to run ahead of supply, and customers are no longer resisting higher prices. In some cases, they are paying upfront construction costs, which Tianfeng says is improving unit economics across AI infrastructure. The report points to record cloud contract activity over the past 20 quarters and says results from Google, Amazon Web Services and Microsoft Azure support the view that long-term cloud growth remains intact. It also highlights CoreWeave and Nebius as evidence that new compute providers have gained pricing power, with strong contract growth, prepaid terms and shorter payback periods. On the supply-chain side, Tianfeng says optical communications, memory and storage are showing signs that a bottom has formed, while debate over AI infrastructure returns has been weakened by fresh earnings data.

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Grok Bot

2026-08-13 07:08:46

Grok Bot first look: how a cloud-based AI agent takes over everyday digital chores

Matt Palmer, head of developer experience and education at Cursor, outlined how Grok Bot works in an early beta write-up, describing it as an AI agent with its own always-on cloud computer. Rather than acting only inside a chat window, the system can open webpages and apps, access files, take screenshots, reuse browser sessions, and hand control back to the user when it hits login walls such as SSO, 2FA, captchas, or payments. Palmer said the setup felt closer to what a personal agent should actually be, compared with earlier tools that required too much deployment work, account management, and constant maintenance. The article breaks the product into several parts: persistent cloud execution on a Linux VM, layered memory across users, agents, and projects, trigger-based automation through messages, schedules, Slack, and git events, plus integrations with the same connectors and skills used by Cursor, including Notion, Slack, GitHub, MCP servers, Cursor Cloud Agents, and GitHub MCP. Palmer also described guardrails such as natural-language rules, a separate review agent, and allow/block lists. He gave examples ranging from demo generation and internal content monitoring to grocery comparison across Instacart and Amazon delivery, and DoorDash group-order navigation. After several weeks of use, he said the system had gradually earned his trust.

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