Artificial Intelligence
Nokia Oyj slipped 0.23% to $10.13 on Friday. About 34.0 million ADRs had changed hands by 13:25 EDT. That ranked Nokia seventeenth on Yahoo Finance’s most-active U.S. list, although the feed was delayed.
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Nokia Oyj slipped 0.23% to $10.13 on Friday. About 34.0 million ADRs had changed hands by 13:25 EDT. That ranked Nokia seventeenth on Yahoo…
Shares of Palantir Technologies Inc. increased 2.96% to $179.11 on Friday morning, outperforming the Nasdaq Composite by 2.25 percentage points. However, the price remains…
NEW YORK, August 21, 2026, 12:08 EDT — Keel Infrastructure Corp. shares rose 1.2% to $3.41 in Friday trading. That price almost exactly matched…
NEW YORK, August 21, 2026, 11:40 EDT — Alibaba's market value dropped by $21 billion after it disclosed that its artificial intelligence capital expenditures…
Market snapshot: August 21, 2026, 11:14 EDT
US market open · CNY financial data
| Metric | Latest | YoY | Signal |
|---|---|---|---|
| Group revenue | RMB268.95bn | +9% | Top line held |
| Operating income | RMB15.16bn | −57% | Investment drag |
| Net income | RMB10.44bn | −75% | Sharp contraction |
| Operating margin | 6% | −8 pts | Group leverage weakened |
| Cloud EBITA margin | 12% | Expanded | Unit economics improving |
Sources: Alibaba June-quarter release; Reuters, August 20, 2026; StockAnalysis/S&P Global and CBOE. Market-value loss uses 2.28 billion shares and the $9.14 intraday decline. Cloud prior-period revenue and related ratios are preliminary estimates derived from reported growth.
NEW YORK, August 21, 2026, 11:26 EDT — Shares in Cipher Digital fell 8% at the start of U.S. trading, despite a rally in…
| Firm | Date | View | Target | Upside |
|---|---|---|---|---|
| Citizens | Aug. 10 | Buy | $30 | 89% |
| JPMorgan | Aug. 7 | Overweight | $22 | 39% |
| KBW | Aug. 6 | Outperform | $28 | 77% |
| Macquarie | Aug. 5 | Outperform | $35 | 121% |
MARA Holdings, Inc. was up 3.3% at $11.52 as of 10:28 EDT on Friday. The stock's rally over two sessions amounted to a 19.4%…
| Two-session bridge | Estimate |
|---|---|
| MARA equity value added | $722M |
| Gain on June BTC balance | $279M |
| Value above BTC mark | $443M |
| Equity gain / BTC mark | 2.6× |
| Metric | Q2 2026 | YoY |
|---|---|---|
| Revenue | $174.9M | −27% |
| Energized hashrate | 70.3 EH/s | +22% |
| BTC produced | 2,422 | +3% |
| Energy cost / BTC | $38,690 | +15% |
Investor read: only about 39% of MARA’s estimated two-day value gain is explained by marking its June Bitcoin balance higher. The rest is a provisional premium for power, AI/HPC leases and operating leverage. A signed tenant would validate it. A delay would expose it.
Tempus AI, Inc. saw its market capitalisation increase by roughly $3.03 billion since the close on Tuesday. Shares climbed 24.1% on Wednesday, followed by…
Tempus's two-session rally prices a broader cancer-monitoring opportunity, not merely the pending Personalis acquisition.
Fidelity Investments’ private digital-assets division has questioned a widely held crypto thesis. In a recent warning, it stated that autonomous AI agents could drive…
Fidelity’s six-risk framework says AI agents may lift crypto activity without lifting every token. The investable question is where fees, trust and compliance margins land.
Aug. 20, 20:00:02 EDT
Thursday close
Retrieved 05:23 EDT
Market value: $21.24B
One-day moves, August 20. Crypto beta won the session.
Agents optimize for speed, price and compliance. That can route activity toward stablecoin issuers, custodians or closed fintech systems.
Volume ≠ token value Trust becomes a moat Security costs rise| Analyst / firm | View | Target | Date |
|---|---|---|---|
| Gautam Chhugani · Bernstein | Buy | $140 | Aug. 6 |
| Jeff Cantwell · Seaport | Buy | $100 | Aug. 17 |
| Bryan Bergin · TD Cowen | Buy | $87 | Aug. 12 |
| Brian Bedell · Deutsche Bank | Hold | $58 | Aug. 6 |
| James Faucette · Morgan Stanley | Sell | $37 | Aug. 6 |
| Rail choice Public chain or permissioned system? |
| Fee owner Token holders, issuer or custodian? |
| FIDD adoption Fidelity’s own stablecoin launched Feb. 4. |
| Rate sensitivity Reserve income remains central to stablecoin economics. |
The rally priced asset beta. Fidelity’s warning asks who owns the margin.
Fidelity Investments is privately held. Listed reference exposures: Fidelity Wise Origin Bitcoin Fund (BATS:FBTC), Fidelity Ethereum Fund (BATS:FETH), Circle Internet Group (NYSE:CRCL), Coinbase Global (NASDAQ:COIN) and iShares Bitcoin Trust ETF (NASDAQ:IBIT).
Alibaba Group Holding Limited provided its strongest signal so far that its AI infrastructure is profitable. AI Cloud adjusted EBITA surged to RMB5.63 billion…
June-quarter 2026 results · Figures in renminbi unless noted
August 20, 2026, 18:59 EDT
AI Labs and Applications lost 2.46 times the RMB5.63 billion adjusted EBITA earned by AI Cloud. Infrastructure monetisation is real. Model and app spending still overwhelms it.
Bar lengths emphasize relative investor relevance and are not drawn to one common revenue scale.
RMB67.68bn capex equalled 17.8% of the three-year RMB380bn AI/cloud commitment in one quarter.
At $130.20, the $190.01 consensus target implied about 46% upside. Targets are opinions, not forecasts of certain returns.
Adjusted EBITA margin reached about 12%, up from roughly 7%. Sustained gains would validate the infrastructure build-out.
The RMB13.86bn quarterly loss widened 330%. A flatter cost curve is needed before AI profit reaches group earnings.
Capex rose 75%, while free cash flow stayed deeply negative. Watch procurement, proprietary-chip deployment and buybacks.
Sources: Alibaba June-quarter 2026 results, Reuters, August 20, 2026, and S&P Global analyst data displayed by StockAnalysis. Market data are after-hours and may differ from the next official session.
Shares of UiPath, Inc. rose on Thursday as traders reacted to the introduction of a new orchestration tool for coding agents. At 14:59 EDT,…
Maestro Flow adds product proof. September earnings must add financial proof.
| Company | Forward P/E | Sales | Target gap |
|---|---|---|---|
| UiPath PATH | 19.1× | 4.93× | −15.5% |
| Pegasystems PEGA | 13.1× | 3.18× | +27.9% |
| ServiceNow NOW | 28.1× | 9.11× | +9.5% |
| Appian APPN | 30.0× | 3.36× | −8.9% |
| Rating | Count | Share |
|---|---|---|
| Strong buy | 2 | 10% |
| Buy | 1 | 5% |
| Hold | 16 | 80% |
| Sell | 1 | 5% |
Fresh catalyst. UiPath released Maestro Flow on August 19. It orchestrates coding agents including Claude Code, Cursor, GitHub Copilot and Codex. The launch included no pricing, bookings target or revenue forecast.
Core risk. Product momentum may not become paid demand quickly. A weaker renewal rate, slower ARR growth or a cautious outlook could expose the gap between the share price and the Street target.
NVIDIA Corporation edged 0.14% higher to $217.86 on Thursday. The modest gain followed a sharp semiconductor selloff and left the stock 7.9% below its…
Market update: August 20, 2026, 10:13:26 EDT (16:13:26 CEST). The U.S. cash market is now open.
Shares are trading 7.9% under their peak and have moved 74.2% of the way through the 52-week range.
Implied earnings yield based on a trailing P/E of 33.38×
August 19, 30-year Treasury
Yield gap stands at −2.28 pts
Consensus points to a 46.6% implied upside, with KeyBanc at 51.5% and Bank of America at 60.7%. Targets reflect views, not assurances.
Deere & Company recorded its first rise in quarterly profit in three years, driven primarily by construction demand related to data centers. Shares advanced…
| Segment | Sales | YoY | Margin | Signal |
|---|---|---|---|---|
| Production & Precision Ag | $4.00B | -6% | 13.2% | Downcycle |
| Small Ag & Turf | $3.38B | +12% | 18.4% | Strong |
| Construction & Forestry | $3.62B | +18% | 12.1% | Driver |
Construction gives Deere a real earnings hedge. But the clean test comes next: large-farm orders must stabilize while construction margins hold after the tariff refund rolls away.
SEOUL, August 20, 2026, 22:38 KST — SK hynix Inc. rose 12.73% after launching a 40 trillion won share repurchase and cancellation. The market…
Alibaba Group Holding beat quarterly revenue expectations as AI demand lifted its cloud business. The stronger growth came with a much steeper spending bill.…
June quarter 2026 · reported August 20, 2026
Cloud growth accelerated, but capex grew 30 points faster. Listen for utilization, cloud margins, capex timing and any update to Alibaba’s three-year AI budget.
| Company | Revenue | AI / cloud | Initial reaction |
|---|---|---|---|
| Alibaba (BABA) | +9% | +45% | about −4% premarket |
| Baidu (BIDU) | −4% | AI Core +25% | about −7% |
| JD.com (JD) | about −3% | Not comparable | −7% U.S. |
Shares of Broadcom Inc. dropped 4.61% on Wednesday following Alphabet Inc.'s decision to broaden its custom-chip partnership with Marvell Technology Inc.. Broadcom ended the…
| Stock | Consensus | Avg target |
|---|---|---|
| AVGO · 48 | Strong Buy | $527.88 |
| MRVL · 43 | Strong Buy | $256.91 |
| GOOGL · 64 | Strong Buy | $427.52 |
Shares of Advanced Micro Devices Inc. declined 3.71% to $466.42 on Wednesday. The stock move came after the company projected its 2026 AI racks…
| View | Target | vs. close |
|---|---|---|
| Morgan Stanley · Equal Weight | $465 | -0.3% |
| D.A. Davidson · Buy | $550 | +17.9% |
| Consensus · Strong Buy | $608 | +30.4% |
| Rosenblatt · Buy | $700 | +50.1% |
The full published range spans $365 to $1,250 across 51 analysts.
