GuShiio.com Track the entire life cycle of the main line sector
Introduction:①: Alibaba’s revenue, cloud revenue growth and capital expenditures exceeded expectations in the third quarter of fiscal year 2025. Data centers, cloud computing, and electrical equipment are expected to start a new round of upward cycles;② In the AI glasses industry or as an important implementation scenario of end-side AI, DeepSeek is expected to optimize pain points and accelerate the improvement of industry penetration, and can continue to focus on the direction of consumer electronics to make up for opportunities;③ After the robot concept has increased in volume, short-term differences may intensify. Pay attention to market feedback from core stocks in the front row.
Yesterday, the market was volatile and consolidated, and the three major indices were mixed, and the overall situation was still in a volatile upward structure. While short-term themes continued to be active, individual stocks once again exceeded 100 stocks or rose by more than 10%. Among them, AI glasses broke out across the board, and robot concept stocks were once again active. The structural market around the direction of technology stocks may be expected to continue.
After hours yesterday, Alibaba released its third-quarter annual report for fiscal year 2025. In the third quarter, revenue increased by 8% year-on-year (expected 6.6%), cloud revenue increased by 13% year-on-year (expected 9.7%), and capital expenditures were 31.4 billion yuan (expected 15.5 billion yuan), all exceeding market expectations. This reflects Alibaba’s increased investment in data centers, cloud computing and AI, especially in the AI field. The agency recently investigated the industry situation and predicted that Ali’s capital expenditure will be 120 billion yuan in 25 years, and may eventually reach 150 billion yuan.
From the overall perspective of the industry, Alibaba’s financial report also revealed a clear signal that major domestic and foreign manufacturers may further accelerate capital expenditures on upstream computing power. The prosperity brought will be truly implemented in the performance of relevant industrial chain targets such as cloud computing, data centers, electrical equipment, and Shengteng Industrial Chain. Back from the perspective of the market, the DeepSeek concept has been divided and consolidated for two consecutive days, and it is also expected to surge again today with the stimulation of this good news. So the momentum after the mood opens higher is still the focus of follow-up attention.
The direction of AI glasses also broke out across the board yesterday. From an industry perspective, AI glasses or end-side AI are important landing scenarios. DeepSeek is expected to optimize the current pain points of smart glasses in terms of interactive experience, cost, weight, battery life, etc., and industry penetration is expected to accelerate. From a market perspective, the AI glasses concept stock has undergone certain adjustments before, and its overall position is relatively low. There may still be opportunities for replenishment in the future and in the entire consumer electronics direction that has spread.
Robot concept stocks were repeatedly active yesterday, and even extended hype in relatively marginal directions such as silica gel. It can be seen that robots are facing a situation of being strong and weak after continuous high-volume hype. Therefore, Changsheng Bearing, the core target in the late session yesterday, has already fallen back. It is expected that the differences in robot directions may further increase today, so we should focus on market feedback from several core targets in the front row.
