$SoFi Technologies Inc.(SOFI)$ Stock surged nearly 270% over the past 12 months. Sofi's robust revenue growth, rising profits, and expanding ecosystem all drew a stampede of bulls back to its stock. Fed lower interest rates amplified these gains.
$BABA-W(09988)$ Alibaba shares surged approximately 10% today, after the company announced a significant increase in its investment in AI and cloud infrastructure beyond its original target, alongside the release of a new AI model. The company's CEO, Eddie Wu, cited rapid AI industry development and exceeding demand for AI infrastructure as reasons for the increased spending, which has positively impacted investor sentiment and supports a bullish outlook for Alibaba's AI and cloud computing businesses.
$Alphabet(GOOGL)$ The launch of Alphabet's latest AI model, Gemini 3, has been a significant catalyst. The model's enhanced capabilities have definitely bolstered investor optimism about its company's growth prospects in both AI and cloud computing.
$BABA-W(09988)$ Total revenue increased by 15% year-over-year (YoY) , excluding Sun Art and Intime. China E-Commerce CMR grew by 10% , while Cloud Intelligence revenue surged 34% , driven by strong demand for AI and public cloud services. Alibaba’s Q2 results reflect steady growth in core businesses, with AI and Quick Commerce emerging as key drivers. While investments are weighing on short-term profitability, the company is positioning itself for long-term leadership in AI and cloud computing. Future Outlook: Cloud Growth - Demand for AI infrastructure remains robust, with supply constraints limiting server deployment. Quick Commerce - Further integration with Alibaba’s ecosystem (e.g., Taobao, Tmall) is expected to drive synergies and market s