Alibaba AI, Cloud Business Likely to Maintain Strong Momentum
Nomura analysts believe Alibaba's AI and cloud business will maintain strong growth momentum, noting the company's strong position across the AI value chain, from chips to applications.
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Amazon Stock Gains Fuel Uptrend: Wall Street Focuses on Massive $496 Billion AWS Order Backlog
Amazon.Com Inc (NASDAQ: AMZN ) stock gained by more than 5% on Monday as risk appetite improves across growth and consumer names, helping the stock extend an already-strong uptrend. The Nasdaq is up 1.36% while the S&P 500 has gained 1.17%, and Amazon is also getting a tailwind from the Consumer Discretionary sector’s