Sep 22, 2026 · 5 min
Alibaba, On and Viking ride distinct growth catalysts
Alibaba and ON Rise; Viking Therapeutics Surges
The episode shows how technology investment, consumer demand and drug-development data can move very different stocks at once.
- 1Alibaba gains as a new AI chip and expanded data-center plans sharpen its technology story.
- 2On Holding rises on a high-teens sales-growth outlook and expansion into additional sports categories.
- 3Viking Therapeutics surges after an obesity-drug study showed most weight loss could be maintained with less-frequent dosing.
Don't miss
Viking Therapeutics shares surge after data indicate less-frequent dosing may maintain most weight loss.
The brief
Hosts Tim Stenovec and Carol Massar open with three sharply different market stories: Alibaba’s AI ambitions, On Holding’s growth outlook and Viking Therapeutics’ obesity-drug data.
Alibaba gains after unveiling a new AI chip and expanding data-center plans, putting its technology strategy in focus as the company’s relevance to upcoming U.S.-China talks comes into view.
On Holding’s stock rises on expectations for high-teens sales growth over the next several years, with projected margins and expansion into new sports categories supporting the case.
Viking Therapeutics delivers the episode’s clearest jolt: shares surge after a study suggests its experimental obesity drug can preserve most weight loss with less-frequent dosing.
Taken together, the moves show investors pricing different forms of durability: Alibaba’s infrastructure buildout, On’s consumer expansion and Viking’s ability to sustain treatment results.
What was said on this episode
1 statement · 1 positive
On Holding is trying to take market share from Adidas and Nike.
“take market share away from adidas or adidas in germany and nike”
Listen at 2:05
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Featuring
Bloomberg Audio Studios
Xi JinpingListen to the full episode and explore every guest, topic, and moment on PodLume.