Stock winners

⬆︎9.01% Baidu

China’s Google, Baidu, launched its new AI model, Ernie X1, claiming it rivals DeepSeek’s model at half the price. Baidu says its new AI model can generate images, interpret code, read webpages, and handle complex calculations—all at the same level as DeepSeek R1. (Sherwood)

⬆︎7.08% Robinhood

The trading platform unveiled its new “predictions hub,” where users can bet on events like Fed rate decisions. Investors welcomed the move, seeing it as a fresh revenue stream, but critics argue it feels more like gambling than trading. (Gizmodo)

⬆︎6.82% Intel

Intel stock is climbing again as incoming CEO Lip-Bu Tan pushes a major overhaul. His plan? Cost cuts, leadership changes, and a bigger focus on AI chips to compete with Nvidia and TSMC. While Intel’s foundry business struggles, its future depends on catching up in the AI race. (Benzinga)

⬆︎4.59% Alibaba

Alibaba shares are rising after China announced plans to boost consumer spending, a move that could drive e-commerce growth. The news sent Chinese stocks soaring. (Yahoo)

⬆︎3.59% AMD

News emerged that the chipmaker’s latest gaming GPUs, the RX 9070 series, are selling out in Japan. The company claims its Radeon processors now hold 45% of Japan's gaming GPU market. AMD is aiming to capture 70% market share in this space. (Nasdaq)

⬆︎3.49% Netflix

A Wall Street analyst just upgraded the stock to a "buy," raising his price target from $850 to $1,100. Netflix has "won the streaming wars," he said, thanks to strong engagement and better content monetization. Its ad-supported service is expected to be a key revenue driver. (IBD)

Stock losers

⬇︎4.23% Affirm

Klarna, Affirm’s biggest rival, is replacing Affirm as Walmart’s exclusive buy now, pay later provider. The move comes as Klarna prepares for a U.S. IPO. (CNBC)

⬇︎4.54% Tesco

Asda, UK’s third-largest supermarket, warned that profits will take a hit as it cuts prices and hires more staff. Investors now expect Tesco, UK’s biggest supermarket, to follow suit to stay competitive. (The Guardian)

⬇︎4.79% Tesla

An analyst just slashed Tesla’s price target from $515 to $430, pointing to falling sales. The big concerns? Rising global tensions, a shift in how people see the brand, tougher competition in China, and weaker demand for the new Model Y. (Barron’s)

⬆︎⬇︎ 1-day change
Market data: today’s market close

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