Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
This week saw significant analyst updates on AI-related stocks, focusing on Tesla, AMD, Salesforce, and Adobe.
Tesla Downgraded on Execution Risks
Bank of America downgraded Tesla (NASDAQ:TSLA) to Neutral, citing execution risks. Despite a raised price target of $490, analysts see Tesla's robotaxi service as its largest growth driver, with potential global value exceeding $800 billion by 2025. Tesla’s Full Self-Driving (FSD) technology, projected to generate $480 billion in value by 2040, offers a competitive edge. Upcoming catalysts include new vehicle launches, robotaxi rollout, and Megapack production in 2025.
AMD Struggles in AI GPU Market
HSBC downgraded AMD (NASDAQ:AMD) to Reduce, slashing its price target to $110. Analysts expressed concerns over AMD’s competitive positioning in the AI GPU market, highlighting weak demand for its MI325 GPU and delays in rivaling Nvidia's (NASDAQ:NVDA) platform. With lowered revenue projections, AMD’s AI market growth appears limited until late 2025.
Salesforce: Top AI Pick for 2025
Needham named Salesforce (NYSE:CRM) its top Enterprise Software pick for 2025, raising its price target to $400. Optimism surrounds Salesforce's Agentforce initiative, which is integral to enterprise deals. Accelerated hiring of AI-focused sales reps and a “halo effect” benefiting products like Mulesoft signal robust growth potential.
Adobe Faces AI Monetization Challenges
Deutsche Bank downgraded Adobe (NASDAQ:ADBE) to Hold, citing delayed financial benefits from its AI tools like Firefly. Analysts noted slowing revenue growth and a cautious outlook on Adobe’s ability to monetize generative AI effectively in the near term.
As AI adoption accelerates, 2025 is poised as a critical year for the industry. Investors are encouraged to monitor these key players shaping the future of AI-driven innovation.
