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AlphaTarget PULSE - Markets | Business | Technology | Investing | Insights

AI Competition, Neoclouds vs. Hyperscalers

28 Nov 2025

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Welcome to AlphaTarget Pulse – your podcast on markets, business, technology and investing.In this episode we break down: Why the end of QT + rate cuts is rocket fuel for growth stocks (and why the recent AI pullback is just rotation, not the start of a bear market) NVIDIA’s Q3 beat: the key takeaways, GPU lifespan debate, power constraints, and whether Google’s Gemini 3 + TPUs can actually dent Nvidia’s moat The real implication if inference compute gets 30-50% cheaper in 2026-2027 (spoiler: the winners probably aren’t who you think) Why breaking the “just add 10× more GPUs” scaling arms race could be the best thing that ever happened to AI innovation The rise of the “Neoclouds” – 100-200% growth pure-play AI infrastructure companies that are eating the hyperscalers’ lunch on speed, cost, and customisation Klarna’s first post-IPO earnings: record revenue, US exploding, credit quality holding up… but why the stock is still down 40% and whether it’s finally cheap

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