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After a stock price crash due to AI threats, the advertising industry is being re-evaluated by the market. Some analysts believe that the disruption brought by AI will not lead to the "disintermediation" of agencies; instead, it will highlight their strategic value due to the increasingly complex media environment. The advantages of agencies in cross-channel budget optimization and consumer data insights are difficult to be replaced by technology platforms
Barclays analyst Betty Jiang reaffirmed a Buy rating for Exxon Mobil with a $130 price target. Exxon Mobil's shares closed at $118.82. The analyst consensus suggests a Moderate Buy with a $132.33 average price target, indicating an 11.37% upside. TD Cowen also maintained a Buy rating with a $135 price target.
To address the surge in AI computing power demand and ground power bottlenecks, American tech giants are collectively turning to the concept of "space data centers." Google plans to launch prototype testing satellites in 2027, while companies like SpaceX and Blue Origin are also accelerating their layouts. This trend is being driven by the decrease in launch costs and the reshaping of capital narratives, pushing the field from a technological vision into the early validation stage
Despite the IPO not being finalized, SpaceX's valuation is sharply rising in secondary market trading, pushing the valuation to approximately $800 billion, doubling from $400 billion this summer. As an early investor holding shares in SpaceX since 2015, Google's parent company Alphabet is expected to record substantial paper gains due to the surge in SpaceX's new round of valuation
Some say clear bubble, others say nonsense. As we have pointed out previously, a bubble may be hard to avoid as big tech leaps since 19th century led to big bubbles - and AI is government-backed.As BofA's Global Research team warns
