Alibaba and Fervo Energy lead Monday's biggest stock movers

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Summary · why it matters

Stock futures were mixed Monday as investors weighed Middle East tensions against a week of major tech earnings. Alibaba shares rose 5% after the company previewed its Qwen 3.8 Max AI model, which it described as second only to Anthropic’s Fable 5, intensifying competition in AI coding models. Fervo Energy gained 5% after Jefferies upgraded the geothermal developer to Buy from Hold, citing an attractive entry point following a 40% pullback from its IPO highs and maintaining a $34 price target. Yeti Holdings added 2% after Goldman Sachs upgraded the stock to Buy from Neutral, pointing to improving revenue visibility and setting a $63 price target.

Impact on assets 4

Artificial Intelligence▲ · 2 stocks
Energy Transition & Power Demand▲ · 1 stocks
Consumer Discretionary▲ · 1 stocks
YETI Holdings Inc
YETI
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Goldman Sachs upgraded to Buy, citing improving revenue visibility and $63 PT

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