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Biggest Stock Movers Tuesday: INTC, DAL, and More
Morgan Stanley views BAT: "Overweight" on Tencent, "Bullish" on Alibaba Cloud, "concerned" about Baidu Search.
Morgan Stanley stated that as the costs of AI model training and inference decrease, Tencent, Alibaba, and Baidu will all benefit. As the market shifts its focus from large model capabilities to AI applications and monetization, Morgan Stanley has given Tencent an overweight rating. Alibaba's recent stock price rebound reflects the upside potential of its Cloud Computing business, while Baidu's core search business may face monetization risks due to the impact of generative AI.
Express News | Intel Rose Over 5% in Overnight Trading, TSMC Might Acquire a 20% Stake in Intel's Foundry Services (Economic Daily News)
Express News | OpenAI Might Be About to Open Source a Certain Big Model
Express News | U.S.-listed Chinese Stocks Rose in Overnight Trading
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session