AI tycoon Chen Tianshi, co-founder of chip company Cambricon Technologies, saw his net worth skyrocket to $10 billion in 2024. This surge is attributed to Cambricon's stock price, which skyrocketed by 500% shortly after its listing in Shanghai. Despite this, market analysts remain cautious about the company's future stock performance. As of January 15, 2024, the market capitalization of Cambricon Technologies reached 291 billion RMB (approximately $40 billion), making it a major player in China's ChiNext market.

Wall Street is closely watching Meta Platforms (META) for its aggressive push into artificial intelligence (AI) and its dominant position in digital advertising. The tech giant's early investments in AI infrastructure are seen as a strong engine for long-term growth, with some analysts even setting lofty price targets between $650 and $800 per share. Over the past year, Meta's revenue grew by 23% year-over-year, reaching $156.23 billion. Additionally, its operational efficiency remains impressive, boasting a return on equity of 36%.

Recently, as ByteDance's Doubao Large Model accelerates its commercialization process and shows impressive performance in the global AI sector, the "Doubao" concept stocks have become the new favorites in the capital market, leading to a new round of price increases in the AI track. Several listed companies, including Tianyu Shuke, Juran Smart Home, and Bee Assistant, have seen their stock prices hit the daily limit for multiple days in a row, with Tianyu Shuke achieving 6 consecutive limits in 10 days by Friday's close, Juran Smart Home hitting 5 limits in 6 days, and Bee Assistant reaching a peak of 20CM limit up during trading. This reflects the market's strong optimism about the Doubao Large Model and its ecosystem.

Adobe (ADBE) shares plummeted on Thursday as investors reacted to the company's disappointing guidance for 2025. The software company has taken longer than expected to convert its investments in content creation and digital marketing AI tools into profits. Following the company's fourth-quarter earnings report released late Wednesday, several Wall Street firms lowered their target prices for Adobe stock. Today, Adobe shares fell 13.7%, closing at $474.63. Year-to-date,

Wall Street's 'barometer' has changed again! On Wednesday, Apple Inc. (AAPL)'s stock price surged like a wild horse, reaching a new intraday all-time high. The driving force behind this seems to be the hot AI technology! Doug Clinton, founder and CEO of Intelligent Alpha, acted like a 'detective', unraveling how artificial intelligence is propelling the tech giant's stock price to soar. He noted that investors are focusing on Apple's enormous potential in the AI field, signaling a promising future.

This Monday, chip manufacturing giant Nvidia once again set a new historical high in the stock market, closing at $138.07 per share. This increase has investors eagerly anticipating as major companies like Microsoft, Meta, Google, and Amazon are about to release their earnings reports, creating excitement over their investments in AI infrastructure. Year-to-date, Nvidia's stock price has surged nearly 180%, leaving many in astonishment. Even more surprising is Nvidia's dominance in the AI chip market.

Global consulting firm Accenture has recently become the center of attention in the market, with its stock price experiencing a strong surge on Thursday, nearly reaching a six-month high. Company management happily announced that performance has exceeded market expectations while successfully positioning itself as a key player in the wave of generative artificial intelligence (AI). Accenture's CEO, Julie Sweet, confidently stated during the earnings call that the company is accelerating its efforts to solidify its leading position in the generative AI sector. This statement received a positive market response, leading to an increase in the company's stock price.

Microsoft (MSFT) has once again become a focal point for investors due to its deep integration of artificial intelligence technology. Under the strategic leadership of CEO Satya Nadella, the company's Azure cloud platform has increasingly become a key engine driving its AI development. The latest financial report shows that Microsoft's revenue reached $61.86 billion in the third quarter, exceeding analyst expectations, with its cloud business particularly shining, generating $35 billion in reven

Reddit's stock price has surged 48% compared to its IPO price, as investors are optimistic about AI earnings. Bitcoin price has dropped to a two-week low, with market expectations of a Federal Reserve rate cut. Trump may gain $3.5 billion from Truth Social, which is set to go public. Reddit's successful IPO has resulted in mixed market reactions, with digital currencies and social media showing different trends.

Apple Inc. halts electric vehicle development and shifts focus to AI projects. CEO Tim Cook promises shareholders to explore new frontiers in AI. Investors are dissatisfied with the unclear AI strategy as the stock price continues to decline. Apple's stock has dropped 12% this year, with market capitalization falling below Microsoft. Investors want Apple to demonstrate its significant position in AI. Apple faces sluggish iPhone sales, and new product sales growth seems distant. Wall Street is casting doubt on Apple, continuously reducing buy ratings. Analysts believe Apple may launch competitive generative AI products.

AXT Inc's stock has risen over 135%. AXTI's Q4 2023 financial report exceeded expectations. Morris Young predicts an increase in orders for Indium Phosphide in the AI sector. Indium Phosphide is considered the best platform for data transmission. The application of Indium Phosphide in AI is driving demand for 6-inch Indium Phosphide. Indium Phosphide can be widely used in the manufacture of optical module devices, and it is encountering new growth opportunities in the metals material supply chain.

Baidu's stock price has dropped nearly 30%. The company's AI business is under pressure. Baidu launched the Wenxin Yiyan AI service. An analysis of the reasons behind Baidu's stock decline. Baidu faces a crucial year in 2024. Increasing investment pressure on Baidu's AI business. Investor concerns about Baidu's growth prospects. Predictions for Baidu's fourth-quarter financial report. Forecasts for Baidu's stock price volatility. JPMorgan's expectations for Baidu's performance.

IBM reported a 4% increase in revenue last quarter, partly due to rising demand for its AI products and services as well as hybrid cloud solutions. The computing giant also stated that free cash flow is expected to improve this year. The company exceeded Wall Street expectations in the fourth quarter, with its consulting business growing the fastest. IBM's CEO noted that customer demand for AI is accelerating.

Alphabet's stock price surged on Wednesday, briefly surpassing its all-time high closing price. Analysts are optimistic about Alphabet's leading position in the artificial intelligence sector, which is expected to make it a top choice in 2024. Google has released the Gemini AI model, reportedly capable of surpassing OpenAI's GPT-4, accelerating competition in the AI field. Alphabet is currently valued at approximately $1.9 trillion, solidifying its position as the third-largest company by market capitalization in the United States. The AI boom continues to drive sustained growth among tech giants, with Alphabet following only behind Apple.

Bank of America upgraded Apple's rating to 'Buy', with the stock price reaching its highest level since May 2023. Analyst Wamsi Mohan believes that the AI-driven iPhone and high-quality data are catalysts for Apple's potential. Due to iPhone data quality, generative AI can provide valuable suggestions to enhance user productivity. In the future, Apple plans to focus on software in 2024, and balance hardware and software in 2025 to drive iPhone development. Bank of America is optimistic about Apple's profitability over the next three years.