Hello and welcome to Morning Brief Market Sunrise. I'm Raman Carmali live from Yahoo Finances Studios in London. It's Monday 24th November.Coming up on the show, markets are now more confident of a rate cut next month. I'll explain why. Amid a tricky time for AI, China is adding to the pressure for US AI giants.and why are European defense stocks falling. So, grab your coffee and let's own the morning. The first thing you need to know is that the Fed rate cut hopes are rising. According to the CME Fed watch ...

​Oracle Corporation (NYSE:ORCL) is one of the Best Cloud Stocks to Buy Now. Oracle Corporation (NYSE:ORCL) has fallen more than 39% over the past 2 months due the concerns of a growing AI bubble. However, despite the rising concerns, on November 18, Robert Oliver from Robert W. Braid reiterated a Buy rating on the stock, but lowered the price target from $365 to $315. Earlier on November 17, Brent Thill from Jefferies had also reiterated a Buy rating on the stock with a $400 price target. While the stock ...

Key Points Nvidia beat estimates in its Q3 report and reported accelerating revenue growth. Jensen Huang dismissed concerns about an AI bubble. Investors may be better off focusing on companies like OpenAI and Anthropic to assess the strength of the AI boom. 10 stocks we like better than Nvidia › They say the sequel is never as good as the original, but Nvidia (NASDAQ: NVDA) seems to be proving that wrong. Three years after the launch of OpenAI's ChatGPT, which kicked off the artificial intellige ...

AI行业泡沫担忧与市场动能 - 多位AI行业内部领袖公开表示市场存在泡沫迹象，包括Alphabet CEO提到投资周期中存在“非理性繁荣”以及期望和估值可能超过实际能力[4][5]，DeepMind CEO明确指出私募市场存在泡沫，种子轮融资规模达数百亿美元不可持续[6] - 尽管存在泡沫警告，资本投入仍在加速，Anthropic、Databricks、XAI等头部私营AI公司据传正以更高估值筹集数百亿美元资金，Nvidia需求远超预期，季度营收增长从56%加速至62%，并指引下一季度同比增长65%[6][7][10] - 市场对AI公司的定价假设所有参与者都将获胜，但历史表明技术行业最终只有少数赢家，当前状况被比作互联网泡沫时期[27] 谷歌AI战略执行与优势 - 谷歌通过发布Gemini 3模型实现技术突破，该模型在第三方排行榜跃居首位，并完全基于谷歌自研TPU芯片训练和服务，展示了全栈AI能力[32][33] - 公司重新获得市场青睐，股价创历史新高，关键因素包括联合创始人重新参与日常运营、拥有规模、数据、分发渠道和自研芯片等综合优势，能够在控制成本的前提下提供AI服务[31][34] - 产品层面，基于Gemini 3构建的Nano Banana Pro图像生成模型具备专业设计能力，如制作信息图、幻灯片、保持角色一致性等，并通过易于访问的方式（如香蕉表情符号触发）推向亿万用户[35][37][46] 芯片竞争与地缘政治风险 - Nvidia面临来自中国厂商的潜在威胁，中国正禁止科技巨头采购Nvidia芯片，转向华为等国内加速器，Nvidia报告其H20芯片在中国仅实现5000万美元销售额，订单未能兑现[67] - 华为的竞争优势被低估，其模式类似苹果的软硬件结合，而中国市场更注重内部稳定和主权技术，致力于构建自主生态并向盟友推广低成本解决方案[75][76][80] - 全球AI模型发展呈现开源趋势，中国实验室发布的开源模型以更低成本和算力与国际领先模型竞争，而美国模型多为封闭式，这种模式差异可能导致美国在长期价值链中落后[82][83] 行业需求与资本开支挑战 - 视频生成等新应用推动算力需求激增，谷歌透露其处理的tokens数量从5月的480万亿增长至10月的1.3万亿亿（quadrillion），显示需求持续强劲[29] - 企业面临资本开支可持续性质疑，例如OpenAI计划未来8年投入1.4万亿美元资本开支，但年化营收目标为200亿美元，Anthropic年化营收约90亿美元，承诺资本开支达1000亿美元，这种投入产出比引发市场担忧[19][20] - 芯片折旧年限成为焦点，Nvidia称6年前发布的A100芯片仍在充分利用，但若实际折旧年限短于会计处理年限，将导致企业盈利被高估，并影响依赖融资的数据中心建设者的资产价值[11][17][18]

英伟达公司业绩与影响 - 英伟达第三季度营收达到570亿美元，同比增长62%，超出市场预期的548.8亿美元 [4] - 每股收益为1.30美元，超出市场预期的1.25美元，连续第12个季度实现营收和每股收益双超预期 [4] - 公司首席执行官黄仁勋表示Blackwell平台需求旺盛，并预测第四季度营收将在637亿美元至663亿美元之间，高于分析师预期的614.8亿美元 [4] 科技行业市场动态 - 尽管英伟达业绩超预期，以景顺QQQ信托为代表的科技巨头股本周仍大幅下跌，科技板块市值蒸发超过8000亿美元，创下自4月以来最差单周表现 [1][2] - 市场对“AI泡沫”的担忧情绪重燃，投资者关注焦点转向即将公布的通货膨胀和劳动力数据，以判断美联储下一步降息时机 [2] - 高性能计算和AI数据中心相关股票，如IREN Ltd、Riot Platforms Inc和Cipher Mining Inc，在英伟达亮眼季报后出现上涨，这些公司被视为对英伟达在数据中心基础设施领域主导地位的杠杆投资 [5] 其他公司看涨表现 - Webull公司第三季度营收为1.5694亿美元，同比增长约55%，超出约1.3558亿美元的市场预期 [6] - Webull公司调整后每股收益为0.07美元，高于约0.02美元的预期，客户总资产增长84%至212亿美元 [6] 部分公司面临挑战 - Netflix公司股价自第三季度财报发布以来下跌约11%，分析师担忧其并购战略、日益激烈的流媒体竞争以及广告业务和新增长阶段的不确定性 [7] - 家得宝公司因房地产市场停滞、消费者谨慎以及大型可自由支配项目需求疲软而下调全年利润预期，指出住房周转率处于2.9%的40年低点 [8] - LifeMD公司第三季度调整后每股亏损0.07美元，差于预期的每股亏损0.05美元，营收6017万美元低于约6200万美元的市场共识 [9] - LifeMD公司将全年营收指引从之前的2.68-2.75亿美元大幅下调至1.92-1.93亿美元，并预计第四季度营收仅为4500-4600万美元，远低于约6300万美元的预期 [9]

In this articleGOOGLMETANVDAThis week, volatility took hold of the AI trade as bubble fears continued to rise and Nvidia's blowout earnings failed to steady the market. "Unless you're the most optimistic person on the planet … you know you're in a bubble, right?" Dan Niles, founder of Niles Investment Management, told CNBC's Deirdre Bosa. "There is no question you're in a bubble." Industry insiders raise AI bubble alarmsIndustry insiders are also beginning to raise the alarm, with Alphabet CEO Sundar Pichai ...

AI行业泡沫担忧 - 行业内部人士对AI领域出现泡沫发出警告，Alphabet CEO Sundar Pichai指出行业存在集体过度投资的现象[1][2] - 投资公司创始人Dan Niles明确表示市场正处于泡沫之中，认为这是毫无疑问的[1] 谷歌（Alphabet）的战略与表现 - 公司CEO强调投资不足的风险很高，并指出其云业务季度收入年增长34%，超过150亿美元，未完成订单金额达到1550亿美元[2][3] - 公司云业务表现卓越，但若能提供更多计算资源，其业绩本可更佳[3] - 公司市值自周四起首次超越微软，受AI发展势头推动[4] - 公司周二发布Gemini 3 AI模型，该模型迅速登上AI模型排行榜首位，并于周四推出更新版AI图像生成器Nano Banana[4] - 公司实验室副总裁表示当前发展速度与模型能力为人们想象新用例和产品提供了前所未有的机会[5] 英伟达面临的地缘政治风险 - 公司尽管财报超预期，但未能恢复市场对科技股交易的信心，反而加剧了对地缘政治风险的担忧[5] - 公司财务总监向分析师表示，由于地缘政治问题及中国市场竞争加剧，本季度大量采购订单未能实现[5] - 行业专家指出西方对中国AI的态度是公司维持主导地位的最大威胁[5] - 需要承认中国是制造业强国这一事实，并努力扭转贸易平衡以保持领导地位[6]

In this articleBRK.BBRK.A(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Just one week after Berkshire Hathaway's revelation last Friday that it purchased 17.8 million Class A shares of Google's parent, Alphabet, in the third quarter (July-September), that position has increased in market value by $415 million to almost $5.35 billion.GOOGL gained 8.4% this week while it ...

Michael Burry is officially a meme. The investor of "The Big Short" fame is lighting up social media after he bet against Nvidia and called out the chipmaker and other AI companies on X, which may have contributed to the stock market's slump on Thursday.Cassandra winsBrutal day... pic.twitter.com/DwGiTtbG59— The Maverick of Wall Street (@TheMaverickWS) November 20, 2025 Why Michael Burry is having a momentBurry is best known for predicting and profiting from the collapse of the mid-2000s US housing bubble. ...

Traders might swear there's an "AI bubble", but after strong earnings results from AI giant Nvidia and the well-received launch of Alphabet's new Gemini 3 Pro AI model, it looks like the market is only penalizing one corner of the burgeoning tech industry: the friends of ChatGPT creator OpenAI. AI first mover OpenAI has seen its valuation soar to over $500 billion, buoyed by rapid growth and fundraising from tech giants like Microsoft, chipmaker Nvidia, hyperscaler Oracle, and Japanese investment giant So ...