$Alibaba(BABA)$ Alibaba has stepped into the AI music generation space, a market that has mostly been led by U.S. AI startups so far. The tech can churn out music for ads, short videos, games, and similar content pretty quickly and cheaply, which looks like it could speed up growth in that segment.
$Alibaba(BABA)$ 115.40 is support, with HSI also at this level. 112.70 should be the floor with the 10B injection. Time value to 177-217 over 3-12 months.
A-shares tech saw a strong rally, and Nasdaq futures $Invesco QQQ(QQQ)$ are climbing steadily, which could point to a bounce in US equities. $Micron Technology(MU)$ $NVIDIA(NVDA)$ Kimi K3 has been getting a lot of attention recently, though I haven't tried it myself. I still think $Alibaba(BABA)$ could end up being a major player in Chinese AI.
$Alibaba(BABA)$ I bought this stock last summer around $120 and sold around $180. I just bought back in today at $109. I'm looking for it to run again.