Alibaba Soars Amid AI Boom, Walmart Falters with Profit Concerns

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -5.17%, with the trading volume of 24.66B. Palantir's annual report revealed a revenue of $2.866 billion for 2024. Loop Capital initiated coverage with a buy rating and set a target price of $141. The U.S. Defense Department's budget cut plans influenced market sentiment.

2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.63%, with the trading volume of 19.92B. NVIDIA launched the GeForce 572.47 driver supporting RTX 5070 Ti and DLSS 4. NVIDIA is set to release its Q4 earnings next Thursday, with expected revenue surpassing $360 billion. The company collaborated in developing the AI biology model Evo 2 with U.S. institutions.

3. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited surged by 8.10%, with the trading volume of 16.32B. Alibaba reported Q3 revenue growth of 8% for fiscal year 2025, plans significant AI and cloud investment, and does not intend to sell Hema. BlackRock's Emerging Market Fund added Alibaba shares in January. CEO emphasized focus on e-commerce, AI, and cloud computing.

4. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.71%, with the trading volume of 16.16B. Tesla has been accused by US regulators of violating workplace safety regulations at its Austin, Texas, Gigafactory. In separate news, Tesla is gearing up for its India debut, planning to launch in three major cities by Q3 2025.

5. Super Micromputer (Nasdaq: SMCI)
Super Micromputer dipped mildly by -1.63%, with the trading volume of 10.63B. Super Micro Computer is regaining growth momentum as it prepares to submit its annual and quarterly reports by February 25, 2025, with management committed to restoring confidence.

6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.53%, with the trading volume of 9.46B. Microsoft announced the development of a quantum computing chip, Majorana1, which could solve industrial-scale problems within years. Additionally, Microsoft is negotiating AI cloud agreements with Salesforce, Oracle, and Google, and released an AI model with Xbox Game Studios' Ninja Theory for video games.

7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.27%, with the trading volume of 8.75B. Meta is forming a robotics team to explore potential growth in wearable devices and AI-driven products. Meanwhile, the Chan Zuckerberg Initiative has shifted its focus from diversity projects to biological and AI initiatives, ending all internal DEI projects.

8. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.39%, with the trading volume of 7.64B. Apple introduced the iPhone 16e, featuring the A18 chip and proprietary 5G modem, priced from 4,499 yuan. The new model shifts to a mid-range market focus, with limited 5G mmWave support and downgrading WLAN to Wi-Fi 6, highlighting Apple's strategic market adaptation.

9. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.66%, with the trading volume of 6.65B. Amazon's Prime Video added 16 regional sports channels as a $20 monthly add-on. Meanwhile, Amazon's collaboration with STMicroelectronics led to a new AI data center chip. Additionally, Amazon plans to discontinue Android Appstore service on August 20.

10. Walmart (NYSE: WMT)
Walmart plunged by -6.52%, with the trading volume of 5.39B. Walmart's 2025 fiscal Q4 revenue of $1806 billion exceeded expectations, but profit guidance for 2026 disappointed, suggesting economic challenges. The company expects 2026 adjusted EPS of $2.50-$2.60, below market forecasts.