$Amazon.com(AMZN)$ Amazon is projecting that it could deliver 90% of U.S. packages through its own delivery network by 2029, according to a Business Insider report citing an internal planning document. The preliminary forecast has Amazon's own network handling 86.3% of U.S. packages in 2027, 87.4% in 2028, and 88.7% in 2029.
$Amazon.com(AMZN)$ Wells Fargo raised its Amazon price target to $338 from $328, keeping an Overweight rating. Analyst Ken Gawrelski notes that AWS margin and Bedrock analysis supports 4%-6% upward revisions to AWS operating income estimates for 2026-2028. With AWS revenue estimates already well above consensus, the firm now sits 9% above consensus AWS operating income for 2027 and 12% above for 2028. Wells Fargo expects this positive revision trend to continue.
$Alibaba(BABA)$ Over the last few years this has run 30%+ in September. Shorts are getting closer to losing their grip. The stock also tends to press in red markets, and September is a chop month. Sentiment is in the toilet, which is very bullish.
$Alibaba(BABA)$ The only argument bears have is that the stock hasn't moved in 5 years. But that's because this was just an e-commerce play before, and e-commerce is volatile. This is now a cloud stock, and once cloud market share is scooped up, it's not easily given up. It's embedded with companies' systems and they rely on it to function.
$Alibaba(BABA)$ China's AI models are reportedly gaining traction across Africa. African tech hubs seem to be choosing these cheaper, freely available models over more powerful alternatives, with cost being a key factor for countries where there's significant demand.
$SUPER MICRO COMPUTER INC(SMCI)$ Now that the space move is official and the skeptics seem a bit stunned, I really think Super Micro is going to leverage its proprietary cooling tech and its data center design business division to enter this new market. Nvidia making the move official with SpaceX today feels like just the beginning.