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04-10

Bubbles popping

Amazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom

02-04

Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.

Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns

02-02

$Microsoft(MSFT)$ buy buy buy

2025-05-15

$UnitedHealth(UNH)$ buy or not?

2024-08-09

$Tiger Brokers(TIGR)$ Restart and do it again

Go to Tiger App to see more news

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popping&nbsp;","listText":"Bubbles popping&nbsp;","text":"Bubbles popping","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/552077372973728","repostId":"2626620138","repostType":2,"repost":{"id":"2626620138","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1775748768,"share":"https://ttm.financial/m/news/2626620138?lang=en_US&edition=fundamental","pubTime":"2026-04-09 23:32","market":"hk","language":"en","title":"Amazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom","url":"https://stock-news.laohu8.com/highlight/detail?id=2626620138","media":"Dow Jones","summary":"$Amazon(AMZN)$ CEO Andy Jassy dismissed fears of an artificial intelligence bubble and told investors they shouldn't expect any slowdown in the firm's AI investments.Shares of Amazon were up 4% in...","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> CEO Andy Jassy dismissed fears of an artificial intelligence bubble and told investors they shouldn&#39;t expect any slowdown in the firm&#39;s AI investments.</p><p>Shares of Amazon were up 4% in Thursday trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b5304ebceb90cc3535d92b6588d81fe6\" tg-width=\"361\" tg-height=\"88\"/></p><p>&#34;I&#39;ve followed the public debate on whether this technology is over-hyped, whether we&#39;re in &#39;a bubble,&#39; and if the margins and ROIC [return on invested capital will be appealing. My strong conviction, at least for Amazon, is that the answers are no, no, and yes,&#34; Jassy writes in a shareholder letter for fiscal year 2025, published Thursday.</p><p>Amazon has projected capital expenditure of around $200 billion this year, largely on AI data centers. That outstrips even the spending of other major U.S. technology companies such as Microsoft or Google-parent Alphabet.</p><p>Jassy says he has the figures to back up the huge spending. Notably, he said Amazon&#39;s in-house chip business is already on track to generate more than $20 billion in annual revenue. Amazon&#39;s CEO says that if the chip unit were a stand-alone business and sold the processors produced this year to third parties, it could generate annual sales of $50 billion.</p><p>&#34;There&#39;s so much demand for our chips that it&#39;s quite possible we&#39;ll sell racks of them to third parties in the future,&#34; Jassy writes.</p><p>Rack-level sales to third parties would bring Amazon into direct competition with leading AI chip makers <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and Broadcom. Amazon is still a big customer for Nvidia chips.</p><p>If Amazon&#39;s Trainium and Graviton chips generated $50 billion in annual revenue, that would be similar to Broadcom&#39;s AI chip business, which is expected to generate around $10.7 billion in revenue in the current quarter.</p><p>Broadcom has a market capitalization of $1.66 trillion, largely due to its AI semiconductor business, although it also has a big software division. Amazon is valued at around $2.38 trillion.</p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-09 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> CEO Andy Jassy dismissed fears of an artificial intelligence bubble and told investors they shouldn&#39;t expect any slowdown in the firm&#39;s AI investments.</p><p>Shares of Amazon were up 4% in Thursday trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b5304ebceb90cc3535d92b6588d81fe6\" tg-width=\"361\" tg-height=\"88\"/></p><p>&#34;I&#39;ve followed the public debate on whether this technology is over-hyped, whether we&#39;re in &#39;a bubble,&#39; and if the margins and ROIC [return on invested capital will be appealing. My strong conviction, at least for Amazon, is that the answers are no, no, and yes,&#34; Jassy writes in a shareholder letter for fiscal year 2025, published Thursday.</p><p>Amazon has projected capital expenditure of around $200 billion this year, largely on AI data centers. That outstrips even the spending of other major U.S. technology companies such as Microsoft or Google-parent Alphabet.</p><p>Jassy says he has the figures to back up the huge spending. Notably, he said Amazon&#39;s in-house chip business is already on track to generate more than $20 billion in annual revenue. Amazon&#39;s CEO says that if the chip unit were a stand-alone business and sold the processors produced this year to third parties, it could generate annual sales of $50 billion.</p><p>&#34;There&#39;s so much demand for our chips that it&#39;s quite possible we&#39;ll sell racks of them to third parties in the future,&#34; Jassy writes.</p><p>Rack-level sales to third parties would bring Amazon into direct competition with leading AI chip makers <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and Broadcom. Amazon is still a big customer for Nvidia chips.</p><p>If Amazon&#39;s Trainium and Graviton chips generated $50 billion in annual revenue, that would be similar to Broadcom&#39;s AI chip business, which is expected to generate around $10.7 billion in revenue in the current quarter.</p><p>Broadcom has a market capitalization of $1.66 trillion, largely due to its AI semiconductor business, although it also has a big software division. Amazon is valued at around $2.38 trillion.</p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU2063271972.USD":"富兰克林创新领域基金","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU1400636574.HKD":"ALLIANZ EUROPE INCOME AND GROWTH \"AMG\" (HKDHDG) INC","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","BK4097":"系统软件","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","BK4023":"应用软件","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","SG9999001424.SGD":"United E-Commerce Fund SGD","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","BK4507":"流媒体概念","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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My strong conviction, at least for Amazon, is that the answers are no, no, and yes,\" Jassy writes in a shareholder letter for fiscal year 2025, published Thursday.Amazon has projected capital expenditure of around $200 billion this year, largely on AI data centers. That outstrips even the spending of other major U.S. technology companies such as Microsoft or Google-parent Alphabet.Jassy says he has the figures to back up the huge spending. Notably, he said Amazon's in-house chip business is already on track to generate more than $20 billion in annual revenue. Amazon's CEO says that if the chip unit were a stand-alone business and sold the processors produced this year to third parties, it could generate annual sales of $50 billion.\"There's so much demand for our chips that it's quite possible we'll sell racks of them to third parties in the future,\" Jassy writes.Rack-level sales to third parties would bring Amazon into direct competition with leading AI chip makers Nvidia and Broadcom. Amazon is still a big customer for Nvidia chips.If Amazon's Trainium and Graviton chips generated $50 billion in annual revenue, that would be similar to Broadcom's AI chip business, which is expected to generate around $10.7 billion in revenue in the current quarter.Broadcom has a market capitalization of $1.66 trillion, largely due to its AI semiconductor business, although it also has a big software division. Amazon is valued at around $2.38 trillion.","news_type":1,"symbols_score_info":{"AMZN":2}},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":529160423764120,"gmtCreate":1770211598127,"gmtModify":1770213284671,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556606246017463","authorIdStr":"3556606246017463"},"themes":[],"title":"","htmlText":"Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.","listText":"Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.","text":"Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/529160423764120","repostId":"1150547147","repostType":2,"repost":{"id":"1150547147","kind":"news","weMediaInfo":{"introduction":"Global Stock News First-Time Broadcast","home_visible":1,"media_name":"Stock News","id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"pubTimestamp":1770188663,"share":"https://ttm.financial/m/news/1150547147?lang=en_US&edition=fundamental","pubTime":"2026-02-04 15:04","market":"fut","language":"en","title":"Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1150547147","media":"Stock News","summary":"Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains...","content":"<p>Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"</p>\n<p>Piper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).</p>\n<p>Despite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPiper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-04 15:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"</p>\n<p>Piper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).</p>\n<p>Despite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4585":"ETF&股票定投概念","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4588":"碎股","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0672654240.SGD":"FTIF - 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US Technology A (acc) SGD","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4023":"应用软件","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","BK4554":"元宇宙及AR概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150547147","content_text":"Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"\nPiper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).\nDespite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"","news_type":1,"symbols_score_info":{"ADBE":1,"VGT":1}},"isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4096961999981430","authorId":"4096961999981430","name":"Sandyboy","avatar":"https://community-static.tradeup.com/news/c0493c8f653046dcb6adcd04d9fbd091","crmLevel":13,"crmLevelSwitch":1,"idStr":"4096961999981430","authorIdStr":"4096961999981430"},"content":"We know Adobe by pdf. Who uses Adobe pdf anymore : answer no one coz there are plenty of alternatives for enterprises and many much cheaper with more features. So what is Adobe’s main business nowadays? Their photoshop and studio tools. Also under attack. Cheaper alternatives exist, but most people are trained in Adobe products. The he company used to be very lean but they bloated up. No new and innovative products. Have a large holding bought at 430. 🤦🏻","text":"We know Adobe by pdf. Who uses Adobe pdf anymore : answer no one coz there are plenty of alternatives for enterprises and many much cheaper with more features. So what is Adobe’s main business nowadays? Their photoshop and studio tools. Also under attack. Cheaper alternatives exist, but most people are trained in Adobe products. The he company used to be very lean but they bloated up. No new and innovative products. Have a large holding bought at 430. 🤦🏻","html":"We know Adobe by pdf. Who uses Adobe pdf anymore : answer no one coz there are plenty of alternatives for enterprises and many much cheaper with more features. So what is Adobe’s main business nowadays? Their photoshop and studio tools. Also under attack. Cheaper alternatives exist, but most people are trained in Adobe products. The he company used to be very lean but they bloated up. No new and innovative products. Have a large holding bought at 430. 🤦🏻"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":528279246161088,"gmtCreate":1769996606955,"gmtModify":1769998009303,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556606246017463","authorIdStr":"3556606246017463"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a> buy buy buy","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a> buy buy buy","text":"$Microsoft(MSFT)$ buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/528279246161088","isVote":1,"tweetType":1,"viewCount":1234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":435418733346832,"gmtCreate":1747321525512,"gmtModify":1747725546425,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556606246017463","authorIdStr":"3556606246017463"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/UNH\">$UnitedHealth(UNH)$&nbsp;</a> buy or not?","listText":"<a href=\"https://ttm.financial/S/UNH\">$UnitedHealth(UNH)$&nbsp;</a> buy or not?","text":"$UnitedHealth(UNH)$ buy or not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/435418733346832","isVote":1,"tweetType":1,"viewCount":1726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336269601862064,"gmtCreate":1723135538296,"gmtModify":1723138622165,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556606246017463","authorIdStr":"3556606246017463"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Restart and do it again","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Restart and do it again","text":"$Tiger Brokers(TIGR)$ Restart and do it again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336269601862064","isVote":1,"tweetType":1,"viewCount":3298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":529160423764120,"gmtCreate":1770211598127,"gmtModify":1770213284671,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556606246017463","idStr":"3556606246017463"},"themes":[],"title":"","htmlText":"Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.","listText":"Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.","text":"Bottom Line AI weakens Adobe’s narrative, but does not destroy its business. The market punished Adobe for being: • Careful • Enterprise-first • Legally conservative Ironically, those are the traits that keep Adobe relevant for the next decade.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/529160423764120","repostId":"1150547147","repostType":2,"repost":{"id":"1150547147","kind":"news","weMediaInfo":{"introduction":"Global Stock News First-Time Broadcast","home_visible":1,"media_name":"Stock News","id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"pubTimestamp":1770188663,"share":"https://ttm.financial/m/news/1150547147?lang=en_US&edition=fundamental","pubTime":"2026-02-04 15:04","market":"fut","language":"en","title":"Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1150547147","media":"Stock News","summary":"Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains...","content":"<p>Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"</p>\n<p>Piper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).</p>\n<p>Despite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Piper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPiper Sandler Downgrades Multiple Software Stocks Including Adobe, Citing AI-Driven Structural Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-04 15:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"</p>\n<p>Piper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).</p>\n<p>Despite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4585":"ETF&股票定投概念","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4588":"碎股","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0672654240.SGD":"FTIF - 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US Technology A (acc) SGD","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4023":"应用软件","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","BK4554":"元宇宙及AR概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150547147","content_text":"Investment firm Piper Sandler downgraded its ratings on three enterprise software stocks on Tuesday and reduced price targets for numerous companies, as investor sentiment towards the sector remains persistently weak. The firm's analysts wrote in a note to clients, \"The bearish thesis can be simplified to two points: first, efficiency gains from AI will suppress or reduce the growth in corporate headcount, creating a headwind for software companies that charge on a per-seat basis; second, the emergence of 'natural language programming' capabilities from leading large language model providers means customers will be able to create applications themselves, rather than purchasing from existing software vendors.\" The analysts added, \"We anticipate 2026 will mark the fifth consecutive year of slowing growth for the software industry. Slowing growth coupled with long-term disintermediation concerns have already driven valuation downgrades for companies within our coverage list.\"\nPiper Sandler downgraded Adobe (ADBE.US), Freshworks (FRSH.US), and Vertex (VERX.US) from \"Overweight\" to \"Neutral,\" and significantly slashed their price targets from $479, $20, and $32 to $330, $12, and $20, respectively. The institution also lowered the price targets for Amplitude (AMPL.US), Asana (ASAN.US), BlackLine (BL.US), Braze (BRZE.US), Figma (FIG.US), HubSpot (HUBS.US), Salesforce (CRM.US), Oracle (ORCL.US), Klaviyo (KVYO.US), monday.com (MNDY.US), ServiceTitan (TTAN.US), and ZoomInfo (GTM.US).\nDespite the ongoing pessimism surrounding the software sector, the analysts added that they remain optimistic about Microsoft and ServiceTitan, naming them as their two top picks for 2026, even as the technology industry remains in the \"early stages of the AI product adoption curve.\" \"We believe Microsoft is perhaps the best pure-play in the AI application space currently,\" the analysts wrote. \"Our survey of CIOs in the second half of 2025 indicates that respondents are becoming more positive regarding Azure and Copilot activity. We recommend buying on any pullback following Microsoft's Q2 FY2026 earnings report.\" The analysts further noted, \"For ServiceTitan, numerous growth drivers (such as the Max/Pro product, commercial business, roofing projects, expansion into new verticals) give us confidence that its FY2027 revenue has the potential to exceed expectations.\"","news_type":1,"symbols_score_info":{"ADBE":1,"VGT":1}},"isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4096961999981430","authorId":"4096961999981430","name":"Sandyboy","avatar":"https://community-static.tradeup.com/news/c0493c8f653046dcb6adcd04d9fbd091","crmLevel":13,"crmLevelSwitch":1,"authorIdStr":"4096961999981430","idStr":"4096961999981430"},"content":"We know Adobe by pdf. Who uses Adobe pdf anymore : answer no one coz there are plenty of alternatives for enterprises and many much cheaper with more features. So what is Adobe’s main business nowadays? Their photoshop and studio tools. Also under attack. Cheaper alternatives exist, but most people are trained in Adobe products. The he company used to be very lean but they bloated up. No new and innovative products. Have a large holding bought at 430. 🤦🏻","text":"We know Adobe by pdf. Who uses Adobe pdf anymore : answer no one coz there are plenty of alternatives for enterprises and many much cheaper with more features. So what is Adobe’s main business nowadays? Their photoshop and studio tools. Also under attack. Cheaper alternatives exist, but most people are trained in Adobe products. The he company used to be very lean but they bloated up. No new and innovative products. Have a large holding bought at 430. 🤦🏻","html":"We know Adobe by pdf. Who uses Adobe pdf anymore : answer no one coz there are plenty of alternatives for enterprises and many much cheaper with more features. So what is Adobe’s main business nowadays? Their photoshop and studio tools. Also under attack. Cheaper alternatives exist, but most people are trained in Adobe products. The he company used to be very lean but they bloated up. No new and innovative products. Have a large holding bought at 430. 🤦🏻"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":528279246161088,"gmtCreate":1769996606955,"gmtModify":1769998009303,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556606246017463","idStr":"3556606246017463"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a> buy buy buy","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a> buy buy buy","text":"$Microsoft(MSFT)$ buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/528279246161088","isVote":1,"tweetType":1,"viewCount":1234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":552077372973728,"gmtCreate":1775795412167,"gmtModify":1775795415979,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556606246017463","idStr":"3556606246017463"},"themes":[],"title":"","htmlText":"Bubbles popping&nbsp;","listText":"Bubbles popping&nbsp;","text":"Bubbles popping","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/552077372973728","repostId":"2626620138","repostType":2,"repost":{"id":"2626620138","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1775748768,"share":"https://ttm.financial/m/news/2626620138?lang=en_US&edition=fundamental","pubTime":"2026-04-09 23:32","market":"hk","language":"en","title":"Amazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom","url":"https://stock-news.laohu8.com/highlight/detail?id=2626620138","media":"Dow Jones","summary":"$Amazon(AMZN)$ CEO Andy Jassy dismissed fears of an artificial intelligence bubble and told investors they shouldn't expect any slowdown in the firm's AI investments.Shares of Amazon were up 4% in...","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> CEO Andy Jassy dismissed fears of an artificial intelligence bubble and told investors they shouldn&#39;t expect any slowdown in the firm&#39;s AI investments.</p><p>Shares of Amazon were up 4% in Thursday trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b5304ebceb90cc3535d92b6588d81fe6\" tg-width=\"361\" tg-height=\"88\"/></p><p>&#34;I&#39;ve followed the public debate on whether this technology is over-hyped, whether we&#39;re in &#39;a bubble,&#39; and if the margins and ROIC [return on invested capital will be appealing. My strong conviction, at least for Amazon, is that the answers are no, no, and yes,&#34; Jassy writes in a shareholder letter for fiscal year 2025, published Thursday.</p><p>Amazon has projected capital expenditure of around $200 billion this year, largely on AI data centers. That outstrips even the spending of other major U.S. technology companies such as Microsoft or Google-parent Alphabet.</p><p>Jassy says he has the figures to back up the huge spending. Notably, he said Amazon&#39;s in-house chip business is already on track to generate more than $20 billion in annual revenue. Amazon&#39;s CEO says that if the chip unit were a stand-alone business and sold the processors produced this year to third parties, it could generate annual sales of $50 billion.</p><p>&#34;There&#39;s so much demand for our chips that it&#39;s quite possible we&#39;ll sell racks of them to third parties in the future,&#34; Jassy writes.</p><p>Rack-level sales to third parties would bring Amazon into direct competition with leading AI chip makers <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and Broadcom. Amazon is still a big customer for Nvidia chips.</p><p>If Amazon&#39;s Trainium and Graviton chips generated $50 billion in annual revenue, that would be similar to Broadcom&#39;s AI chip business, which is expected to generate around $10.7 billion in revenue in the current quarter.</p><p>Broadcom has a market capitalization of $1.66 trillion, largely due to its AI semiconductor business, although it also has a big software division. Amazon is valued at around $2.38 trillion.</p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon CEO Says AI Chip Business Is Booming. It Could Be as Big as Broadcom\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-09 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> CEO Andy Jassy dismissed fears of an artificial intelligence bubble and told investors they shouldn&#39;t expect any slowdown in the firm&#39;s AI investments.</p><p>Shares of Amazon were up 4% in Thursday trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b5304ebceb90cc3535d92b6588d81fe6\" tg-width=\"361\" tg-height=\"88\"/></p><p>&#34;I&#39;ve followed the public debate on whether this technology is over-hyped, whether we&#39;re in &#39;a bubble,&#39; and if the margins and ROIC [return on invested capital will be appealing. My strong conviction, at least for Amazon, is that the answers are no, no, and yes,&#34; Jassy writes in a shareholder letter for fiscal year 2025, published Thursday.</p><p>Amazon has projected capital expenditure of around $200 billion this year, largely on AI data centers. That outstrips even the spending of other major U.S. technology companies such as Microsoft or Google-parent Alphabet.</p><p>Jassy says he has the figures to back up the huge spending. Notably, he said Amazon&#39;s in-house chip business is already on track to generate more than $20 billion in annual revenue. Amazon&#39;s CEO says that if the chip unit were a stand-alone business and sold the processors produced this year to third parties, it could generate annual sales of $50 billion.</p><p>&#34;There&#39;s so much demand for our chips that it&#39;s quite possible we&#39;ll sell racks of them to third parties in the future,&#34; Jassy writes.</p><p>Rack-level sales to third parties would bring Amazon into direct competition with leading AI chip makers <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and Broadcom. Amazon is still a big customer for Nvidia chips.</p><p>If Amazon&#39;s Trainium and Graviton chips generated $50 billion in annual revenue, that would be similar to Broadcom&#39;s AI chip business, which is expected to generate around $10.7 billion in revenue in the current quarter.</p><p>Broadcom has a market capitalization of $1.66 trillion, largely due to its AI semiconductor business, although it also has a big software division. Amazon is valued at around $2.38 trillion.</p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU2063271972.USD":"富兰克林创新领域基金","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU1400636574.HKD":"ALLIANZ EUROPE INCOME AND GROWTH \"AMG\" (HKDHDG) INC","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","BK4097":"系统软件","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","BK4023":"应用软件","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","SG9999001424.SGD":"United E-Commerce Fund SGD","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","BK4507":"流媒体概念","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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My strong conviction, at least for Amazon, is that the answers are no, no, and yes,\" Jassy writes in a shareholder letter for fiscal year 2025, published Thursday.Amazon has projected capital expenditure of around $200 billion this year, largely on AI data centers. That outstrips even the spending of other major U.S. technology companies such as Microsoft or Google-parent Alphabet.Jassy says he has the figures to back up the huge spending. Notably, he said Amazon's in-house chip business is already on track to generate more than $20 billion in annual revenue. Amazon's CEO says that if the chip unit were a stand-alone business and sold the processors produced this year to third parties, it could generate annual sales of $50 billion.\"There's so much demand for our chips that it's quite possible we'll sell racks of them to third parties in the future,\" Jassy writes.Rack-level sales to third parties would bring Amazon into direct competition with leading AI chip makers Nvidia and Broadcom. Amazon is still a big customer for Nvidia chips.If Amazon's Trainium and Graviton chips generated $50 billion in annual revenue, that would be similar to Broadcom's AI chip business, which is expected to generate around $10.7 billion in revenue in the current quarter.Broadcom has a market capitalization of $1.66 trillion, largely due to its AI semiconductor business, although it also has a big software division. Amazon is valued at around $2.38 trillion.","news_type":1,"symbols_score_info":{"AMZN":2}},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":435418733346832,"gmtCreate":1747321525512,"gmtModify":1747725546425,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556606246017463","idStr":"3556606246017463"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/UNH\">$UnitedHealth(UNH)$&nbsp;</a> buy or not?","listText":"<a href=\"https://ttm.financial/S/UNH\">$UnitedHealth(UNH)$&nbsp;</a> buy or not?","text":"$UnitedHealth(UNH)$ buy or not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/435418733346832","isVote":1,"tweetType":1,"viewCount":1726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336269601862064,"gmtCreate":1723135538296,"gmtModify":1723138622165,"author":{"id":"3556606246017463","authorId":"3556606246017463","name":"ph5188","avatar":"https://community-static.tradeup.com/news/4b92c6ab18ce7db46f7120355c40eb63","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556606246017463","idStr":"3556606246017463"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Restart and do it again","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Restart and do it again","text":"$Tiger Brokers(TIGR)$ Restart and do it again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336269601862064","isVote":1,"tweetType":1,"viewCount":3298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}