Knowledge Atlas Technology Joint Stock Company Limited

Minimax-wp

Alibaba Group Holding Limited

Knowledge Atlas, known as Zhipu, is <a href="https://www.ft.com/content/37c91e08-d13a-45a7-a3a7-acb43fa5522e">called the</a> Chinese equivalent of OpenAI. In January 2026, it went public, and its quotations rose more than five times the IPO price. What an investor should know about it, wrote independent analyst Mikhail Zavaraev.

Shares of Zhipu, a China-based AI developer and OpenAI peer, have quintupled since its IPO. What do investors need to know about it? 

Anglo American plc

Freeport-McMoRan Inc.

Antofagasta plc

The price of copper rose nearly 80% from its low in April 2025 to its peak in January 2026. This metal has been one of the beneficiaries of the AI boom. Its price may continue to rise. Independent analyst Mikhail Zavaraev discusses how investors can capitalize on this.

How an investor can capitalize on copper price growth 

Oracle Corporation

Rising investment in AI and Oracle's troubles are spurring discussions about the Minsky moment, a tipping point where companies begin to run up debt without regard for common sense and eventually collapse. How close is the market to this point? Independent analyst Mikhail Zavaraev believes that the situation is far from being resolved, and the right strategy is more important than attempts to predict the moment of crisis onset.

The Minsky moment and the AI market: what's being overlooked in the bubble debate

On Holding AG

NIKE, Inc.

lululemon athletica inc.

The shares of On Holding, a Swiss manufacturer of premium sports shoes, jumped by almost 19% on November 12, after the publication of its quarterly report, and have more than doubled over the past three years. The company will not <a href="https://www.cnbc.com/2025/11/12/on-onon-earnings-q3-2025.html">offer</a> discounts on Mark's merchandise during the holiday season, and its management raised its revenue growth forecast for the next three years. At the same time, Nike - one of On's competitors - is going through some tough times. But what if their competition is not a sprint but a marathon? Independent analyst Mikhail Zavaraev discusses the long-term prospects of the two companies.

The battle of Nike vs On Holding: who has a better chance of "winning the marathon"

Meituan

JD.com, Inc.

September was extremely successful for the shares of Alibaba, one of the leaders of the Chinese e-commerce market. Quotes of the company's depositary receipts on the NYSE soared by more than 30%, and since the beginning of the year the company's capitalization has grown by more than 123%.

Alibaba, JD.com and Meituan are waging war in China. Which one should an investor bet on?

Klarna

PayPal Holdings, Inc.

Swedish company Klarna, one of the leaders of the "buy now, pay later" market, has finally gone public. It still remains unprofitable. Its competitor, the American PayPal, is also having a tough time: it is profitable, but its growth is slowing down. The shares of both companies look undervalued. Which one is better for a long-term investor?

Klarna vs PayPal: which company to choose, following Buffett's principles?

Adobe Inc.

Figma

Figma's recent IPO shook up the market - on the first day of trading, its stock price rose to three and a half times the IPO price. <a href="https://www.businessinsider.com/figma-wall-street-forgot-how-much-investors-want-tech-ipo-2025-8">This is the largest jump </a>on the first day of trading among U.S. offerings of this size in the U.S. in more than 30 years. Three years ago Adobe tried to buy Figma for $20 billion, now the capitalization of the latter is 70% higher. The comparison between the two competitors cannot be avoided: which of the companies looks more attractive to investors, argues independent analyst Mikhail Zavaraev.

Mature business vs. elite club member: what the Figma vs. Adobe comparison reveals

Starbucks Corporation

McDonald's Corporation

Two world-famous chains - Starbucks and McDonald's - have different approaches to doing business. The former is struggling with falling sales and trying to regain customer loyalty, while the latter has already become more efficient. Independent analyst Mikhail Zavaraev discusses what an investor should consider when adding shares in these companies to his portfolio.

Starbucks vs McDonald's: which company is a better fit for the portfolio

On August 1, the fear index rose above the psychologically important mark of 20 points. Markets collapsed because of Donald Trump's new trade duties, as well as bad data&nbsp; on US non-farm payrolls - they were more than a quarter worse than expected. It all comes at the height of the US reporting season. It started better than analysts' expectations. Microsoft's results even set a record, with the company's value reaching $4 trillion. The paradox is that "surprises" have long been the rule: companies in the S&amp;P 500 index publish results above consensus almost every quarter, although analysts' forecasts remain understated time after time. Everything is so good that the question arises: when to cash out?

Mikhail Zavaraev

Writes about:

Articles: 10

Chinese AI company Zhipu has won the "war of hundreds of models". But what's next for it?

How to capitalize on the "copper" rally: three companies, one ETF and futures