Trending Tickers: $BABA Full-Stack AI Upgrade, $NEE Dominion Acquisition, $APLD Hyperscaler Lease
This week, several stocks caught investors’ attention, driven by significant developments and market momentum. Here’s the breakdown of this week’s trending stocks:
Alibaba ($BABA) Unveils Full-Stack AI Upgrade
Alibaba Group ($BABA), a global technology company focused on e-commerce and cloud computing, announced a comprehensive upgrade of its full AI stack at the Alibaba Cloud Summit, covering foundation models, cloud infrastructure, and semiconductor chips.
At the center of the announcement is Qwen3.7-Max, Alibaba’s latest large language model built for agentic coding, complex reasoning, and long-horizon task execution. According to the company, the model can autonomously run tasks continuously for up to 35 hours and handle over 1,000 tool calls without performance degradation, and will be made available to developers and enterprises worldwide through its Model Studio platform.
On the infrastructure side, Alibaba Cloud launched the Panjiu AL128 Supernode Server, which integrates 128 AI accelerators within a single rack and delivers data transfer speeds at the petabyte-per-second scale. The company said the system is designed to handle the large-scale computing demands that come with running AI agents at enterprise scale.
Alibaba’s chip subsidiary T-Head also introduced the Zhenwu M890, a new AI training and inference processor. According to the company, the chip delivers three times the performance of its predecessor and features 144 gigabytes of memory along with high-speed inter-chip connectivity. T-Head said it has delivered over 560,000 Zhenwu units to date, with more than 400 external customers across 20 industries deploying the chips.
Stock Price Reaction
$BABA shares rose about 1.7% following the announcement.
NextEra Energy ($NEE) to Acquire Dominion Energy in $67 Billion Deal
NextEra Energy ($NEE), the largest utility company in the S&P 500 by market value, announced a definitive agreement to acquire Dominion Energy ($D) in an all-stock transaction valued at approximately $67 billion, creating what the companies describe as the world’s largest regulated electric utility business.
Under the terms of the deal, Dominion shareholders will receive 0.8138 shares of NextEra for each Dominion share they own, with NextEra and Dominion shareholders expected to own approximately 74.5% and 25.5% of the combined company, respectively. The transaction is structured to be tax-free to shareholders and is expected to close within 12 to 18 months, pending federal and state regulatory approval as well as shareholder sign-off.
According to the companies, the combined business would serve approximately 10 million utility customer accounts across Florida, Virginia, North Carolina, and South Carolina, with more than 80% of operations being regulated. The merger is also positioned around growing electricity demand from AI data centers, with NextEra CEO John Ketchum noting that scale is increasingly critical for meeting larger and more complex energy projects.
The combined company said it expects to deliver over 9% annual adjusted earnings per share growth through 2032. As part of the deal, the companies also proposed $2.25 billion in bill credits over two years following the close for Dominion’s customers in Virginia, North Carolina, and South Carolina.
Stock Price Reaction
$D shares rose about 9.4% following the announcement, while $NEE shares fell approximately 4% as investors weighed the scale and complexity of the transaction.
Applied Digital ($APLD) Signs New Hyperscaler Lease at Polaris Forge 3
Applied Digital ($APLD), a designer, builder, and operator of high-performance data centers for artificial intelligence and cloud workloads, announced a new long-term lease agreement at its fourth AI campus, Polaris Forge 3, pushing its total contracted capacity past 1 gigawatt for the first time.
The lease is with the same U.S.-based investment-grade hyperscaler that previously signed at the company’s Delta Forge 1 campus. According to the company, the 15-year take-or-pay agreement covers 300 MW of critical IT load and carries approximately $7.5 billion in base-term contracted revenue, rising to $18.2 billion if all renewal options are exercised.
With this addition, Applied Digital’s total contracted lease revenue across four AI Factory campuses now stands at $31 billion, or up to $73 billion including all renewal options. The company said roughly 65% of its contracted revenue is backed by U.S.-based investment-grade hyperscalers. Initial operations at Polaris Forge 3 are expected to begin in August 2027.
According to the company, Polaris Forge 3 spans more than 600 acres and is built around Applied Digital’s proprietary waterless cooling technology and high-density power delivery systems, designed specifically for large-scale AI training and inference workloads.
Stock Price Reaction
$APLD shares rose about 8% following the announcement.
This article is for informational purposes only and is not investment advice or a solicitation to buy or sell securities. The content is based on publicly available information and reflects the author’s opinions as of the publication date, which may change without notice. All investments carry inherent risks, including the potential loss of principal, and past performance is not indicative of future results. Forward-looking statements, including references to projected revenues, market trends, or business developments, are based on current expectations and assumptions. Actual results may differ due to various factors, including regulatory changes, economic conditions, competitive pressures, and unforeseen market fluctuations. Readers should conduct their own research or consult a financial advisor before making investment decisions. BBAE holds no position in the securities mentioned, nor are they compensated by the companies mentioned.
