JPMorgan Upgrades Baidu: Cloud and AI to Drive Growth
JPMorgan upgrades Baidu to Overweight, citing strong growth potential in cloud and AI, with a new price target of $188.
JPMorgan upgrades Baidu to Overweight, citing strong growth potential in cloud and AI, with a new price target of $188.
JPMorgan upgrades CleanSpark and Cipher Mining to Overweight, citing attractive entry points, strong computing capacity, and growing demand for high-performance compute deals.
Alibaba's (BABA) Qwen AI assistant reaches 10 million downloads within a week of launch, competing with ChatGPT in China's growing consumer AI market.
Trump officials discuss potentially allowing Nvidia to export H200 AI chips to China, marking a major shift in US semiconductor export policy and boosting Nvidia shares.
AST SpaceMobile will launch its next-generation BlueBird 6 satellite on Dec. 15, aiming to deliver direct-to-smartphone broadband from space and expand coverage across the U.S. in 2026.
William Blair upgrades Cognizant to Outperform, citing stronger bookings, a solid deal pipeline, and rising momentum in financial services and health sciences.